Apple CEO Tim Cook speaks during an introduction of the iPhone 5 in San Francisco on Sept. 12. The Senate Permanent Subcommittee on Investigations says Apple is paying billions of dollars less than it should in taxes each year, taking advantage of technicalities in U.S. and Irish tax laws.
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.
This evening on East Third Street at Sears Street in downtown Dayton, Ohio, four paintings that are copies of master works will be unveiled on the sides of buildings. The paintings were done by youths in Montgomery County's Juvenile Court system. WNKU's Steve Hirschberg talked about the painting program with Brittini Long of the Montgomery County Juvenile Court.
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.
Worker Charles Lee sorts through clothes at Mac Recycling near Baltimore. Textile recycling is a huge international business, and a small facility like Mac ships about 80 tons of clothes each week to buyers around the world.
Bales of used clothing are seen at Mac Recycling near Baltimore. Textile recycling is a huge international business, and a small facility like Mac ships about 80 tons of clothes each week to buyers around the world.
On a bright and warm Saturday morning, there's a steady flow of people dropping off donations at Martha's Table, a charity in downtown Washington, D.C. A mountain of plastic and paper bags stuffed with used dresses, scarves, skirts and footwear expands in one corner of the room. Volunteers sort and put clothes on hangers. They'll go on sale next door, and the proceeds will help the needy in the area.
It's a scene played out across the U.S.: people donating their old clothes, whether through collection bins or through large charities, to help others.
NBC News has put together a time-lapse video of the EF-4 tornado that tore through the southern suburbs of Oklahoma City, Okla.
As we told you in the live blog, the National Weather Service says it was at least an EF-4 tornado with winds in excess of 166 mph. The tornado stayed on the ground for 40 minutes and traveled 20 miles.
David Rainey, a former BP vice president during the Deepwater Horizon oil rig explosion, leaves federal court after being arraigned on obstruction of a federal investigation in New Orleans on Nov. 28, 2012. A federal judge Monday dismissed the charge that Rainey obstructed a congressional investigation into the 2010 spill.
A federal judge in Louisiana has thrown out the central criminal charge against a former BP executive because prosecutors failed to prove he knew about a pending congressional investigation into oil flowing into the Gulf of Mexico three years ago. U.S. District Judge Kurt Engelhardt also ruled that a Democratic House member who inquired about the oil flow rate was acting as head of a subcommittee, not a full congressional committee, as required under the federal Obstruction of Justice statute.
Ray Manzarek, the keyboardist and a founding member of The Doors, died Monday in Germany. He was 74.
A statement from publicist Heidi Ellen Robinson-Fitzgerald said Manzarek died in Rosenheim, Germany, after a long battle with bile duct cancer.
Manzarek and Jim Morrison founded the iconic band after meeting in California. The Doors went on to become one of the most successful rock 'n' roll acts of the 1960s — and continues to have an impact decades after Morrison's death in 1971.
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) processes firearm transaction documents from firearms dealers no longer in business, no matter the condition of the documents, such as this fire-and-water damaged ledger at their National Tracing Center in Martinsburg, W.Va.
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.