Jan
04

F.D.A. Offers Rules to Stop Food Contamination

The Food and Drug Administration on Friday proposed two sweeping rules aimed at preventing the contamination of produce and processed foods, which has sickened tens of thousands of Americans annually in recent years. Nicole Bengiveno/The New York TimesA new rule imposed by the F.D.A. would establish different standards for ensuring the purity of water that touches fruits and vegetables....
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Wealth Matters: The End of a Decade of Uncertainty Over Gift and Estate Taxes

FOR many of the wealthy, the American Taxpayer Relief Act, passed this week by Congress, is aptly named. For estate and gift taxes in particular, all but the richest of the rich will probably be able to protect their holdings from taxes, now that Congress has permanently set the estate and gift tax exemptions at $5 million (a level that will rise with inflation). “You could say this...
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Jan
03

An Inquiry Into Tech Giants’ Tax Strategies Nears an End

Congressional investigators are wrapping up an inquiry into the accounting practices of Apple and other technology companies that allocate revenue and intellectual property offshore to lower the taxes they pay in the United States. J. Scott Applewhite/Associated PressCongressional investigators, led by Senator Carl Levin, a Michigan Democrat, have been interested in the impact on the...
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Saban, Kelly lead Bama and ND out of darkness

FORT LAUDERDALE, Fla. (AP) — There were some dark days at Notre Dame and Alabama, dark years really, during which two of college football's proudest programs flailed and foundered.Notre Dame won the national championship in 1988, then spent much of the next two decades running through coaches — four if you count the guy who never coached a game — and drifting between mediocre and pretty good.Alabama...
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Scant Proof Is Found to Back Up Claims by Energy Drinks

Energy drinks are the fastest-growing part of the beverage industry, with sales in the United States reaching more than $10 billion in 2012 — more than Americans spent on iced tea or sports beverages like Gatorade. Their rising popularity represents a generational shift in what people drink, and reflects a successful campaign to convince consumers, particularly teenagers, that the drinks...
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High and Low Finance: Lessons From Europe on Averting Disaster

Will the United States follow the European path in 2013? Let’s hope so. A year ago, the world’s markets were watching Europe with rising fear. Some expected 2012 to be the year that the euro zone broke up. Germany did not want to pay to bail out its less fortunate neighbors unless they agreed to severe austerity and to what amounted to a surrender of sovereignty — ideas that other...
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Jan
02

Mubarak Dictated Response to Protests in Cairo, Report Says

Ben Curtis/Associated PressIn January 2011, a protester was injured during clashes with security forces in Cairo. CAIRO — Sitting in his palace in early 2011, as protests against him consumed Egypt, President Hosni Mubarak watched live video feeds of the demonstrations in Tahrir Square and the brutal response by his security forces, who used clubs, tear gas and live ammunition against civilians, according...
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Pa. governor sues NCAA over Penn State sanctions

STATE COLLEGE, Pa. (AP) — Pennsylvania's governor, in a challenge to the NCAA's powers, claimed in a lawsuit Wednesday that college sports' governing body overstepped its authority and "piled on" when it penalized Penn State over the Jerry Sandusky child molestation scandal.Gov. Tom Corbett asked that a federal judge throw out the sanctions, which include an unprecedented $60 million fine and a four-year...
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5-Hour Energy’s ‘No Crash Later’ Claim Is Disputed

The distributor of the top-selling energy “shot,” 5-Hour Energy, has long claimed on product labels, in promotions and in television advertisements that the concentrated caffeine drink produced “no crash later” — the type of letdown that consumers of energy drinks often feel when the beverages’ effects wear off. But an advertising watchdog group said on Wednesday that it had told the company...
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Debt Ceiling Clash Nears for Lawmakers

WASHINGTON — With the resolution of the year-end fiscal crisis just hours old, the next political confrontation is already taking shape as this city braces for a fight in February over raising the nation’s borrowing limit. But it is a debate President Obama says he will have nothing more to do with. Even as Republicans vow to leverage a needed increase in the federal debt limit to make headway...
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