musiclover

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Posts by musiclover

NY Times Gets Apple’s Effective Tax Rate Wrong

The New York Times reported on Saturday that Apple (AAPL: 583.98, -19.02, -3.15%) lowers its tax bill with various tax moves that involve using offices in lower tax regimes. Using analysis from a former Treasury economist, the New York Times reported that Apple “paid cash taxes of $3.3 billion around the world on its reported profits of $34.2 billion last year, a tax rate of 9.8%.”

The article goes on to say that Apple’s federal tax bill likely would have been $2.4 billion higher last year without these moves.

Accused N.Y. Subway Bomb Plotter Chose Murder

A New York man accused of helping plan a failed suicide attack on the city’s subway system around the eighth anniversary of the Sept. 11, 2001, terrorist attacks chose to murder Americans, a prosecutor told a jury. More >

Judge nixes Brazilian pol’s suit over NYC charges

A Brazilian congressman lost a bid Wednesday to get rid of a far-flung conspiracy case that was brought in New York, though based on claims of corruption in Brazil. More >

New bill on NY campaign finance changes surfaces

The decades-old effort to reduce the influence of big money donors in New York politics through public financing of campaigns took a new, if familiar, step Tuesday. More >

N.Y. Mom Fired After Donating Kidney to Help Her Boss

A New York Long Island woman said she was fired after she donated a kidney to help save the life of her boss. Debbie Stevens, a 47-year-old divorced mother of two, filed a formal complaint with the New York State Human Rights Commission last Friday, claiming her boss used her for her organ then fired her “after the woman got what she wanted.” More >

NY suit faults military schools for rape response

A lawsuit filed Friday on behalf of two women who say they were raped by classmates at the U.S. Military Academy at West Point and the U.S. Naval Academy in Maryland is seeking the court’s help in permanently changing attitudes about sexual assault at military learning institutions. More >

NY Times Profit Increases Sevenfold After Asset Sales

New York Times Co. (NYT) (NYT), publisher of the namesake newspaper, advanced the most in almost four months after reporting a more than sevenfold rise in first-quarter profit that reflected gains on the sale of regional publications. More >

New York City Opera to return to City Center

New York City Opera will return to its roots at New York City Center in March after a 48-year absence, splitting the 2012-13 season between its former home and the Brooklyn Academy of Music. More >

N.Y. Men Sent on ‘Martyrdom Operation:’ Convict

Three New York men planned a failed attempt to conduct suicide attacks on the city’s subway system in 2009 after one of al-Qaeda’s top operatives in Pakistan told them to “carry out a martyrdom operation,” one of the convicted plotters testified.

Najibullah Zazi, testifying in the trial of another defendant, Adis Medunjanin, said “Hamad” told the men, who traveled to Pakistan in 2008 to join the Taliban in Afghanistan, to return to the U.S. “Hamad” is Adnan Shukrijumah, one of al- Qaeda’s top operatives, according to the indictment.

New York City police spying on Muslims

The Associated Press won a Pulitzer Prize for investigative reporting Monday for documenting the New York Police Department’s widespread spying on Muslims, while The Philadelphia Inquirer was honored in the public service category for its examination of violence in the city’s schools. More >