WASHINGTON — For more than a year, politicians have been fighting over whether to raise taxes on high-income people. They rarely mention that affluent Americans will soon be hit with new taxes adopted as part of the 2010 health care law. The new levies, which take effect in January, include an increase in the payroll tax on wages and a tax on investment income, including interest, dividends...
Auto execs share insights on the industry and what's next
Label: Business It's hard to get America's most senior auto executives together in the same building to address the same topics, but we managed...
Dec
07
Supreme Court to rule on California's Prop. 8 ban on gay marriage
Label: WorldJustices will rule for the first time on same-sex marriage by deciding the constitutionality of Prop. 8.
The Supreme Court announced...
iPad mini fails to draw crowds for China launch
Label: TechnologyEither Apple’s (AAPL) reservation-only system works better than anyone could have expected, or consumers in China have little interest in the company’s new iPad mini. Apple’s tiny tablet launched on schedule on Friday but according to IDG News Service, the turnout for Apple’s new slate was minimal. At Apple’s new flagship store in the well-trafficked Wangfujing district in Beijing, for example,...
Long-sealed Notorious B.I.G. autopsy released
Label: LifestyleLOS ANGELES (AP) — An attorney for the family of Notorious B.I.G. said Friday it's ridiculous that Los Angeles police have not arrested anyone for the rapper's 1997 killing, which has returned to the spotlight after coroner's officials released a long-sealed autopsy report.The report revealed that injuries cause by a single bullet killed the rapper, whose real name was Christopher Wallace, during...
The New Old Age Blog: A Son Lost, a Mother Found
Label: HealthMy friend Yvonne was already at the front door when I woke, so at first I didn’t realize that my mother was missing.It was less than a week after my son Spencer died. Since that day, a constant stream of friends had been coming and going, bringing casseroles and soup, love, support and chatter. Mom hated it.My 94-year-old mother, who has vascular dementia, has been living in my home in upstate New...
Stocks close higher after jobs report beats forecasts
Label: Business Stocks are closing mostly higher on Wall Street after the government...
Dec
06
18 arrested in federal crackdown on gang that operated near USC
Label: WorldFederal authorities on Thursday announced a sweeping racketeering indictment against a Mexican Mafia-controlled gang that operated in an L.A. neighborhood just north of USC and was allegedly involved in at least one slaying, drug sales, extortion and robberies.Eighteen members of the Harpys gang, also known as the Harpys-Dead End gang, were arrested Thursday morning on charges in three federal indictments...
Facebook might buy Microsoft’s Atlas Ad platform to compete with Google
Label: TechnologyIs Facebook (FB) preparing to compete with Google (GOOG) in online advertising? According to AllThingsD and BusinessInsider’s sources Facebook might be taking steps to build its own advertising network for online websites. AllThingsD says that rather than build a new advertising network from scratch, Facebook could just buy Microsoft’s (MSFT) Atlas Solutions platform “that...
Actor Stephen Baldwin charged in NY tax case
Label: LifestyleWHITE PLAINS, N.Y. (AP) — Actor Stephen Baldwin was charged Thursday with failing to pay New York state taxes for three years, amassing a $350,000 debt.Rockland County District Attorney Thomas Zugibe said Baldwin, of Upper Grandview, skipped his taxes in 2008, 2009 and 2010.The youngest of the four acting Baldwin brothers pleaded not guilty at an arraignment and was freed without bail. His lawyer,...
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