Apple enjoyed Irish tax holiday from the start
SAN FRANCISCO/DUBLIN - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said. Full Article
Jobs, housing data show economy has some muscle
WASHINGTON - The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by Washington.
Obama may limit drone use
WASHINGTON - President Barack Obama will vow to be more open to the public about the U.S. fight against terrorism and may lay out limits for the use of lethal drones abroad while sketching a vision for closing the military prison in Guantanamo Bay, Cuba. Full Article
London attackers known to security services
LONDON - Two British men of Nigerian descent accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries were known to security services. Full Article
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Poor planning left Texas firefighters unprepared
WEST, Texas - The fertilizer-plant explosion that killed 14 and injured about 200 others in Texas last month highlights the failings of a U.S. federal law intended to save lives during chemical accidents, a Reuters investigation has found. Full Article | Related Story
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China urbanization plan hits spending roadblock
BEIJING - China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property bubble. Full Article
Crackdown on Islamists tests Tunisia's stability
TUNIS - For the first time since the Arab Spring uprisings of 2011, relations between mainstream Islamists in Tunisia's government and radical Salafist Muslim activists have reached a breaking point and risk spreading violence to neighboring Algeria. Full Article
Barred candidate calls Iranian leaders ignorant
DUBAI - Former president Akbar Hashemi Rafsanjani accused Iran's leadership of incompetence and ignorance just days after he was barred from standing in an election next month. Full Article
Trading at Noon: U.S. stocks recover after global selloff
May 23 - The S&P 500 and Dow pare losses after being hit by news of a slowdown in Chinese manufacturing and mixed signals from the Fed on stimulus.
Latest Headlines
The many interpretations of Ben Bernanke
The reaction to Federal Reserve Chairman Ben Bernanke's tediously familiar statement, and release of the equally repetitive minutes of the last Fed meeting, was some of the wildest gyrations seen in the world’s financial markets for months. Commentary
Civil wars and Syria: lessons from history
Removing Assad would no more end the Syrian conflict than overthrowing Saddam Hussein in 2003 brought stability to Iraq. The U.S. must create a more integrated overall strategy, argue Michael O'Hanlon and Sean Zeigler. Commentary
Prosperity without power
Across the BRIC nations, frustrated members of the middle class are demanding change, but traditional power holders from Russia’s Vladimir Putin to India’s large political parties remain entrenched. Commentary
Apple, hypocrisy and stakeholder tax
Politicians are hypocrites when they complain about the cross-border tax strategies of Apple and other multinationals. But "hypocrisy is the tribute vice pays to virtue." It’s high time that companies admit taxes on profit are fair payments for the help that governments give them. Commentary
How much does Jamie Dimon matter?
To his supporters, he’s the personification of everything that’s best about the financial system. But to detractors, he’s the personification of all that’s wrong with modern banking — the arrogance, the resistance to new regulation, the astronomical pay in the face of obvious mistakes. Commentary
What Hollande can learn from Queen of Hearts
So far there has been little to show for his economic policies. Some actions have backfired and others have not gone far enough. Commentary
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The secret to Lenovo's success
The plain-vanilla personal computer industry may be hurting, but Lenovo is raking in the cash. Here's how. Video
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