Fox Newswoman Lays Epic Smackdown On Fox Newsmen For Obvious And Blatant Misogyny

Upworthy:

The other day, a panel of male Fox News contributors described in great detail how women who are breadwinners are the source of all evil in America (or something).

Read the whole story at Upworthy

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Source: http://www.huffingtonpost.com/2013/06/01/megyn-kelly_n_3372054.html

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3 Mindbending Ways Apple Dodged $13.8B In Taxes | TechCrunch

Kudos to Apple?s finance lawyers, who are the Cirque Du Soleil of legal contortionism. On the eve of live testimony from CEO Tim Cook, a scathing congressional investigation of Apple?s tax dodging strategy reveals how the computer giant avoided $13.8 billion in taxes through a clever labyrinth of offshore tax havens, shell corporations, and paper shuffling.

?The ability to pay taxes of less than 2% on all of Apple?s offshore income gives the company a powerful financial incentive to engage in convoluted tax planning to avoid paying U.S. taxes,? notes the report from Senators Carl Levin and John McCain of the Permanent Subcommittee on Investigations.

The 37-page report is jam-packed with all the edge-of-your-seat thrills one would expect from a congressional report on multinational tax policy; we summed up the good parts so you can concentrate your valuable workday procrastination on cat videos.

1. Ireland: Come For The Beer, Stay For The Tax Haven

In addition to the majesty of rolling hills, towering waterfalls, and a rich culture, Ireland also welcomes billion-dollar multinational corporations with an appealing 12% tax rate. Even better, in a sweetheart deal with the makers of the laptop used to type this story, the Irish have offered Apple a tax rate below 2%. At least since 2009, according to the report, it was, on average, 0.06%.

Senate investigators found this curious, since nearly all of Apple research, development, and board meetings are conducted in the United States. So, when they quizzed Apple about where it calls home, ?Apple responded that it had not determined the answer to that question.?

As a result, Apple has had an effective tax rate of just 20.1%, below the 24-32% it tells investors (according to the report), and well below the 35% the U.S. government wants it to pay. In 2011, it paid a mere $2.5 billion.

2. Sell To Yourself and It?s (Technically) Not Income

On paper, Ireland would appear to buy enough Apple products to reconstruct Blarney Castle from discarded iPods, but Apple?s Irish HQ legal entity is merely a passthrough shell corporation to funnel profits to tax havens, says the report.

The investigators determined that Apple cleverly splits itself into entities around the world, charged with selling products and intellectual property at distorted prices. For instance, Apple Sales International, a shell corporation entitled to Apple Inc?s intellectual property, sells products to its worldwide retailers at a ?substantial? markup, technically raking in most of the profits from goods sold in stores.

?For example, in 2011, Apple reported $34 billion in income before taxes; however, just $150 million of those profits, a fraction of one percent, were recorded for Apple?s Japanese subsidiaries, even though Japan is one of Apple?s strongest foreign markets.?ASI, meanwhile, reported $22 billion in 2011 net income,? explains the report.

3. Choose Which Entity Pays Taxes (Hint: The One With The Lowest Income)

Apple avoids taxes on its $102 billion in offshore holdings, thanks to an unintentional loophole that allows the company to decide which subsidiary gets taxed. In an effort to simplify the global tax rules, the IRS permitted multinationals to ?disregard? sub-entities that were normally taxed (the so-called ?check-the-box? rule).

Apple structured the relationship so that its tax-haven entities received billions in otherwise taxable dividend payments from subsidiaries it had elected to be among its disregarded entities.

In other words, according to the IRS, the payment within corporations is treated as a kind of internal transfer, which Apple funneled to its tax-friendliest locations.

?Those figures indicate that Apple?s Japanese profits were being shifted away from the United States to Ireland, where Apple had negotiated a minimal tax rate and maintained two non-tax resident corporations.?

Looking For A ?Reasonable? Tax Code

Apple, of course, is not the only major tech firm accused of dodging taxes through offshore havens. In Apple?s case, Tim Cook has already donned the good cop role ahead of his congressional grilling, alongside Apple also providing written testimony to the subcommittee.

?If you look at it today, to repatriate cash to the U.S., you need to pay 35 percent of that cash. And that is a very high number,? said Cook. ?We are not proposing that it be zero. I know many of our peers believe that. But I don?t view that. But I think it has to be reasonable.?

Cook will reportedly plead with Congress to simplify the tax code. But, if that happens, a lot of very clever tax lawyers will lose their jobs.

[Image Credit: Flickr User jpmpinmontreal]

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Started by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has expanded from computers to consumer electronics over the last 30 years, officially changing their name from Apple Computer, Inc. to Apple, Inc. in January 2007. Among the key offerings from Apple?s product line are: Pro line laptops (MacBook Pro) and desktops (Mac Pro), consumer line laptops (MacBook Air) and desktops (iMac), servers (Xserve), Apple TV, the Mac OS X and Mac OS X Server operating systems, the iPod, the...

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Source: http://techcrunch.com/2013/05/21/3-mindbending-ways-apple-dodged-13-8b-in-taxes/

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GM giving paid internships to 110 HS students

DETROIT (AP) -- General Motors is kicking the tires on a unique new internship program for Detroit-area high school students.

GM has hired 110 students for paid summer internships, the automaker said Monday in announcing the formation of the GM Student Corps, a program that combines service, education and mentoring.

The students will work in teams of 10 to develop and implement service projects in Detroit-area neighborhoods. They'll be trained and mentored by 60 GM retirees and a dozen GM student interns from the University of Detroit Mercy. GM will pay for the student projects and provide Chevrolet Express vans and Chevrolet Silverado full-size pickups so adult mentors can transport materials and students to project sites and life-skills classes.

GM North America President Mark Reuss said the company wants to help rebuild Detroit because it'll need a highly skilled workforce that wants to live in the area, Reuss said. The program, he said, is designed to break "a bad sort of swirling idea of despair," in the city and nearby communities.

GM said it selected the Student Corps members based on leadership potential, enthusiasm, school activities, citizenship and academic performance. The teams are currently planning their projects; work is scheduled to begin in mid-June and finish up in August.

At the end of the summer, leaders from each student team will present their programs and results to Reuss and his staff.

The GM Summer Corps experience also will be chronicled in a documentary filmed by Detroit Mercy professor Jason Roche, and interns are being encouraged to document their projects on social media.

The company wouldn't say how much it's spending on the program. But Reuss, who came up with the idea, said the company wanted to give promising students a chance to find summer jobs because there are few in the city. He hopes that other businesses will join with GM to expand the test program.

"Imagine if we had five companies full-force," he said. "That's what happens with some of the seed ideas when you plant them."

All the students will be paid and will get to put General Motors on their resumes, Reuss said. Those in the program would be good candidates for GM jobs in the future, he added. For many, this will be the first job they've ever had, he said.

Source: http://news.yahoo.com/gm-giving-paid-internships-110-184637228.html

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Editorial: Engadget on the Xbox One

At long last, Microsoft unveiled its next-generation gaming console today, the Xbox One. As expected, its hardware stacks up well with the Wii U and PlayStation 4, and the launch event showcased some slick new software, too. With tight fantasy sports integration, Windows 8 and Skype support and cooperation with live TV, the One looks to have taken the next step in transforming the Xbox from a gaming rig into a true home entertainment console. It's a rare thing to get to opine on a new game console, so head on past the break and allow us to indulge this opportunity.

Filed under: HD, Microsoft

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Source: http://www.engadget.com/2013/05/21/editorial-xbox-one/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Play-i building educational, programmable robots for kids

We've seen software and even TV shows that teach younger kids about technology, but we haven't really seen ready-made educational robots for that age group -- and no, AIBO and Furby don't count. Play-i, a new startup involving former Apple and Google employees, thinks it's time that the younger set receives some truly helpful mechanical companions. The company tells AllThingsD that it's developing robots that 5 to 8 year olds can program through mobile devices, teaching them about code in a more tangible way than a device screen would allow. While details of the robots are scarce, the team is shooting for sub-$100 prices that parents could afford: these bots may not be limited to classrooms. We'll hopefully discover more when Play-i starts a crowdfunding campaign in the summer, although it will still be a long while before we're picking up Junior's First Automaton.

[Image credit: Alonso Inostrosa Psijas, Flickr]

Filed under: Robots

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Source: AllThingsD

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/Hb7-sH16sPA/

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UN: Eat more insects; good for you, good for world

AAA??May. 13, 2013?11:12 AM ET
UN: Eat more insects; good for you, good for world
By FRANCES D'EMILIOBy FRANCES D'EMILIO, Associated Press??

This Feb. 20, 2008 photo provided by the United Nations Food and Agriculture Organization (FAO) shows insects for sale at a market in Chiang Mai, Thailand. The U.N. has new weapons to fight hunger, boost nutrition and reduce pollution, and they might be crawling or flying near you right now: edible insects. The Food and Agriculture Organization on Monday, May 13, 2013, hailed the likes of grasshoppers, ants and other members of the insect world as an underutilized food for people, livestock and pets. A 200-page report, released at a news conference at the U.N. agency's Rome headquarters, says 2 billion people worldwide already supplement their diets with insects, which are high in protein and minerals, and have environmental benefits. (AP Photo/Arnold Van Huis, FAO, ho)

This Feb. 20, 2008 photo provided by the United Nations Food and Agriculture Organization (FAO) shows insects for sale at a market in Chiang Mai, Thailand. The U.N. has new weapons to fight hunger, boost nutrition and reduce pollution, and they might be crawling or flying near you right now: edible insects. The Food and Agriculture Organization on Monday, May 13, 2013, hailed the likes of grasshoppers, ants and other members of the insect world as an underutilized food for people, livestock and pets. A 200-page report, released at a news conference at the U.N. agency's Rome headquarters, says 2 billion people worldwide already supplement their diets with insects, which are high in protein and minerals, and have environmental benefits. (AP Photo/Arnold Van Huis, FAO, ho)

This undated photo provided by the United Nations Food and Agriculture Organization (FAO) shows a plate with insects during an insect cuisine competition at an unknown location in Laos. The U.N. has new weapons to fight hunger, boost nutrition and reduce pollution, and they might be crawling or flying near you right now: edible insects. The Food and Agriculture Organization on Monday, May 13, 2013, hailed the likes of grasshoppers, ants and other members of the insect world as an underutilized food for people, livestock and pets. A 200-page report, released at a news conference at the U.N. agency's Rome headquarters, says 2 billion people worldwide already supplement their diets with insects, which are high in protein and minerals, and have environmental benefits. (AP Photo/Thomas Calame, FAO, ho)

Eva Muller, Director of United Nations Food and Agriculture Organization (FAO) Forest Economic Policy and Products Division, speaks during a press conference to launch a report on edible insects, in Rome, Monday, May 13, 2013. The U.N. has new weapons to fight hunger, boost nutrition and reduce pollution, and they might be crawling or flying near you right now: edible insects. FAO on Monday hailed the likes of grasshoppers, ants and other members of the insect world as an underutilized food for people, livestock and pets. A 200-page report, released at a news conference at the U.N. agency's Rome headquarters, says 2 billion people worldwide already supplement their diets with insects, which are high in protein and minerals, and have environmental benefits. (AP Photo/Domenico Stinellis)

Gabon's Minister of Water Affairs and Forestry Gabriel Tchango speaks during a press conference to launch a report on edible insects, in Rome, Monday, May 13, 2013. The U.N. has new weapons to fight hunger, boost nutrition and reduce pollution, and they might be crawling or flying near you right now: edible insects. FAO on Monday hailed the likes of grasshoppers, ants and other members of the insect world as an underutilized food for people, livestock and pets. A 200-page report, released at a news conference at the U.N. agency's Rome headquarters, says 2 billion people worldwide already supplement their diets with insects, which are high in protein and minerals, and have environmental benefits. (AP Photo/Domenico Stinellis)

This undated photo provided by the United Nations Food and Agriculture Organization (FAO) shows a packaging containing locusts for sale in the Netherlands. The U.N. has new weapons to fight hunger, boost nutrition and reduce pollution, and they might be crawling or flying near you right now: edible insects. The Food and Agriculture Organization on Monday, May 13, 2013, hailed the likes of grasshoppers, ants and other members of the insect world as an underutilized food for people, livestock and pets. A 200-page report, released at a news conference at the U.N. agency's Rome headquarters, says 2 billion people worldwide already supplement their diets with insects, which are high in protein and minerals, and have environmental benefits. (AP Photo/Paul Vantomme, FAO, ho)

ROME (AP) ? The latest weapon in the U.N.'s fight against hunger, global warming and pollution might be flying by you right now.

Edible insects are being promoted as a low-fat, high-protein food for people, pets and livestock. According to the U.N., they come with appetizing side benefits: Reducing greenhouse gas emissions and livestock pollution, creating jobs in developing countries and feeding the millions of hungry people in the world.

Some edible insect information in bite-sized form:

WHO EATS INSECTS NOW?

Two billion people do, largely in Asia, Africa and Latin America, the Rome-based U.N. Food and Agriculture Organization said Monday as it issued a report exploring edible insect potential.

Some insects may already be in your food (and this is no fly-in-my-soup joke). Demand for natural food coloring as opposed to artificial dyes is increasing, the agency's experts say. A red coloring produced from the cochineal, a scaled insect often exported from Peru, already puts the hue in a trendy Italian aperitif and an internationally popular brand of strawberry yogurt. Many pharmaceutical companies also use colorings from insects in their pills.

PACKED WITH PROTEIN, FULL OF FIBER

Scientists who have studied the nutritional value of edible insects have found that red ants, small grasshoppers and some water beetles pack (gram-per-gram or ounce-per-ounce) enough protein to rank with lean ground beef while having less fat per gram.

Bored with bran as a source of fiber in your diet? Edible insects can oblige, and they also contain useful minerals such as iron, magnesium, phosphorous, selenium and zinc.

WHICH TO CHOOSE?

Beetles and caterpillars are the most common meals among the more than 1,900 edible insect species that people eat. Other popular insect foods are bees, wasps, ants, grasshoppers, locusts and crickets. Less popular are termites and flies, according to U.N. data.

ECO-FRIENDLY

Insects on average can convert 2 kilograms (4.4 pounds) of feed into 1 kilogram (2.2 pounds) of edible meat. In comparison, cattle require 8 kilograms (17.6 pounds) of feed to produce a kilogram of meat. Most insects raised for food are likely to produce fewer environmentally harmful greenhouse gases than livestock, the U.N. agency says.

DON'T SWAT THE INCOME

Edible insects are a money-maker. In Africa, four big water bottles filled with grasshoppers can fetch a gatherer 15 euros ($20). Some caterpillars in southern Africa and weaver ant eggs in Southeast Asia are considered delicacies and command high prices.

Insect-farms tend to be small, serving niche markets like fish bait businesses. But since insects thrive across a wide range of locations ? from deserts to mountains ? and are highly adaptable, experts see big potential for the insect farming industry, especially those farming insects for animal feed. Most edible insects are now gathered in forests.

LET A BUG DO YOUR RECYLING

A 3 million euro ($4 million) European Union-funded research project is studying the common housefly to see if a lot of flies can help recycle animal waste by essentially eating it while helping to produce feed for animals such as chickens. Right now farmers can only use so much manure as fertilizer and many often pay handsome sums for someone to cart away animal waste and burn it.

A South African fly factory that rears the insects en masse to transform blood, guts, manure and discarded food into animal feed has won a $100,000 U.N.-backed innovation prize.

___

Details about the U.N. Food and Agriculture Organization's work on edible insects at www.fao.org/forestry/edibleinsects

Follow Frances D'Emilio at http://twitter.com./fdemilio

Associated PressNews Topics: Business, General news, Health, Oddities, Healthy eating, Insect stings, Agriculture and the environment, Animals, Pollution, Beetles, Agriculture, Air pollution, Environmental concerns, Nutrition, Diet and exercise, Lifestyle, Injuries, Environment, Environment and nature, Living things, Insects, Arthropods, Industries, Air quality

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2013-05-13-Insects-Bite-Sized/id-9d018cd1086d4226a9ab9f36320bcff5

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Senator: Obama should 'condemn' IRS targeting

WASHINGTON (AP) ? Republicans say the Internal Revenue Service's targeting of conservative political groups was "chilling", and at least one Republican senator called on President Barack Obama to "personally condemn" the actions.

The IRS, an independent agency in the Treasury Department, has already apologized for scrutinizing the tax-exempt status of groups with conservative titles such as "Tea Party" or "Patriot" in their names. And White House spokesman Jay Carney said Friday it was wrong.

But Sen. Susan Collins, R-Maine, said Sunday she was disappointed that Obama "hasn't personally condemned this." The president, Collins said, "needs to make crystal clear that this is totally unacceptable."

Collins and other Republicans challenged the tax agency's claim that the practice was initiated by low-level workers.

"I just don't buy that this was a couple of rogue IRS employees," said Sen. Susan Collins, R-Maine. "After all, groups with 'progressive' in their names were not targeted similarly."

If it were just a small number of employees, she said, "then you would think that the high-level IRS supervisors would have rushed to make this public, fired the employees involved, apologized to the American people and informed Congress. None of that happened in a timely way."

The IRS said Friday that it was sorry for what it called the "inappropriate" targeting of the conservative groups during the 2012 election to see if they were violating their tax-exempt status. The agency blamed low-level employees, saying no high-level officials were aware.

But according to a draft of a watchdog's report obtained Saturday by The Associated Press that seemingly contradicts public statements by the IRS commissioner, senior IRS officials knew agents were targeting tea party groups as early as 2011.

The Treasury Department's inspector general for tax administration is expected to release the results of a nearly yearlong investigation in the coming week.

Lois G. Lerner, who heads the IRS division that oversees tax-exempt organizations, said last week that the practice was initiated by low-level workers in Cincinnati and was not motivated by political bias.

But on June 29, 2011, Lerner learned at a meeting that groups were being targeted, according to the watchdog's report. At the meeting, she was told that groups with "Tea Party," ''Patriot" or "9/12 Project" in their names were being flagged for additional and often burdensome scrutiny, the report says.

The 9/12 Project is a group started by conservative TV personality Glenn Beck.

Rep. Mike Rogers, R-Mich., said "the conclusion that the IRS came to is that they did have agents who were engaged in intimidation of political groups is as dangerous a problem" as the government can have.

He added, "This should send a chill up your spine. ... I don't know where it stops or who is involved."

Congressional Republicans already are conducting several investigations and asked for more.

"This mea culpa is not an honest one," said Rep. Darrell Issa, R-Calif.

After the Associated Press report, Carney said that if the inspector general "finds that there were any rules broken or that conduct of government officials did not meet the standards required of them, the president expects that swift and appropriate steps will be taken to address any misconduct."

Collins said the revelations about the nation's tax agency only contribute to "the profound distrust that the American people have in government. It is absolutely chilling that the IRS was singling out conservative groups for extra review."

The IRS' Lerner said that about 300 groups were singled out for additional review, with about one-quarter scrutinized because they had "tea party" or "patriot" somewhere in their applications.

She said 150 of the cases have been closed and no group had its tax-exempt status revoked, though some withdrew their applications.

Collins appeared on CNN's "State of the Union," Rogers was on "Fox News Sunday" and Issa spoke on NBC's "Meet the Press."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-05-13-US-IRS-Political-Groups/id-4201de67bbc848959ec8e0a6df8d5036

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