Giant technology firm Apple is paying billions of dollars less than it should in U.S. taxes each year, according to a report by the Senate Permanent Subcommittee on Investigations. In a hearing Tuesday in Washington, D.C., Apple CEO Tim Cook will defend the company.
The subcommittee's report says Apple avoids the tax payments mainly by shifting profits to three subsidiary companies in Ireland. The investigation found Apple is taking advantage of technicalities in U.S. and Irish tax laws to avoid paying any tax on a huge portion of its profits.
JPMorgan Chase holds its annual shareholder meeting today in Tampa, Florida, and the shareholders will vote on a key measure: a proposal to strip the CEO, Jamie Dimon, of his other title, chairman of the board. A growing number of companies have split the CEO and chairman roles.
Shareholder activists and corporate governance experts say having a balance of power at the top helps to reduce risk. The bank and its supporters disagree. NPR's Yuki Noguchi reports.
When the sun rises over the Rio Grande Valley, the cries of the urracas — blackbirds — perched on the tops of palm trees swell to a noisy, unavoidable cacophony. That is also the strategy, it could be said, that local officials, health care providers and frustrated valley residents are trying to use to persuade Gov. Rick Perry and state Republican lawmakers to set aside their opposition and expand Medicaid, a key provision of the federal health law.
Opponents of expanding background checks for gun sales often raise the fear that it would allow the government to create a national gun registry — a database of gun transactions. In fact, federal law already bans the creation of such a registry. And the reality of how gun sales records are accessed turns out to be surprisingly low-tech.
Melissa Block talks to teacher Shelly Hoisington. Hoisington teaches fourth, fifth, sixth, seventh and eighth grade at McCormick Elementary School — a one-room school in Troy, Mont. Hoisington recently convinced Gov. Steve Bullock to speak at the graduation ceremony for the five students in eighth grade.
When movie stars become unbankable, they're no longer a slam dunk at the box office. When investments become unbankable, they're relegated to the Wall Street's junk pile. For ordinary Americans deemed unbankable — those who don't have a traditional checking or savings account — it can be hard to simply pay bills.
And that absence of a bank account is about to become a big problem for those who also lack health coverage — and for the health insurance companies trying to sell them coverage. After all, how do you sell a product to a customer who has no easy way to pay you?
William von Schneidau, an intrepid butcher in Seattle, is giving a whole new meaning to "potbelly pig." Lately, he's been feeding marijuana refuse to the pigs he turns into prosciutto for BB Ranch, his butcher shop in the city's famous Pike Place Marke
Over the 60 years that Mel Brooks has been in the entertainment business, his name has become synonymous with comedy. He is the man who broke Broadway records for most Tony Award wins with The Producers (an adaptation of his own movie); who satirized Westerns and racism in Blazing Saddles; and who poked fun at monster movies with Young Frankenstein.
This is TALK OF THE NATION. I'm Jennifer Ludden, in Washington. Population in America's big cities is surging, and more people are choosing to live alone. But where? As the demand for housing rises, some renters are opting to downsize their belongings and move to smaller spaces - much smaller. Imagine a single room no larger than many American closets and a community kitchen shared with multiple residents.
This is TALK OF THE NATION. I'm Jennifer Ludden in Washington. Neal Conan is away. Non-unionized fast food workers walked off the job in Milwaukee last week, demanding, among other things, a raise to $15 an hour. Their actions follow those of workers in four other cities this spring, part of what some are calling the new face of the labor movement, that is collective action outside of traditional union membership.
Prominent women such as Facebook's Sheryl Sandberg and Yahoo's Marissa Mayer are proving that women are finding their place at the table. But in an op-ed for The New York Times, former programmer Ellen Ullman argues that women in the field today face "a new, more virile and virulent sexism."
When you think about poverty, you might picture dilapidated urban neighborhoods or rural areas. But a new book says the rate of poverty in the suburbs has grown by 64 percent in the past decade, and doesn't show signs of stopping. Host Michel Martin speaks with Elizabeth Kneebone, author of Confronting Suburban Poverty.