University Of Southern California

University Of Southern California News

  • Lockyer Seen as California Kingmaker With Campaign Cash

    California Treasurer Bill Lockyer, who never realized his ambition of governing the most-populous state, may remain a powerbroker after leaving office with $2.5 million in campaign funds and four decades in politics.

  • Cash Left Untaxed Aided by $103 Billion in Bonds: Credit Markets

    U.S. businesses with the most cash are holding more than $425 billion overseas as they tap the bond market to help sidestep a corporate tax rate that Apple Inc.’s Tim Cook says handicaps American competitiveness.

  • Microsoft Xbox One TV Focus Has Core Gamers Seeking More

    Microsoft Corp. crammed the new Xbox One with something for everybody. One constituency says it got short shrift: the die-hard players who tend to spend most on high-end action-packed titles.

  • Four Colleges Hit With Federal Sexual Assault Policy Complaints

    Students from four universities said they filed federal complaints alleging that their schools failed to address campus sexual assault and harassment.

  • Cook Defending Apple Puts Loophole-Closing Back on Agenda

    A congressional hearing into Apple Inc.’s use of offshore tax shelters called attention to how U.S. companies lower their taxes, and underscored the difficulty Congress confronts when trying to end the practice.

  • Google Joins Apple Avoiding Taxes With Stateless Income

    U.S. Senate scrutiny of Apple Inc.’s tax strategies turned the spotlight on a unit with $30 billion in profit since 2009 that’s incorporated in Ireland, controlled by a board in California, and doesn’t pay taxes in either place.

  • LA Votes on Shrinking Medical Pot Shops, Boosting Taxes

    Los Angeles, which has so many medical-marijuana shops that officials have lost count, is asking voters to set limits and raise taxes on cannabis.

  • Obama’s Not Nixon, He’s Harding

    During President Barack Obama’s May 16 news conference, reporter Jeff Mason asked as part of his question: “And, more broadly, how do you feel about comparisons by some of your critics of this week’s scandals to those that happened under the Nixon administration?” The president responded, “I’ll let you guys engage in those comparisons, and you can go ahead and read the history, I think, and draw your own conclusions.”

  • Dr. Dre Teams With Iovine to Donate $70 Million to USC

    Music producers Dr. Dre and Jimmy Iovine will donate $70 million to the University of Southern California to establish a center for arts and technology.

  • Loeb Takes Activism Abroad With Sony Stake in Japan Wager

    Dan Loeb, the hedge-fund manager who successfully pushed for an executive shakeup at Yahoo! Inc., is taking his activism overseas for the first time with a $1.1 billion stake in Sony Corp., seeking change in a country where few U.S. investors have succeeded with that approach.

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