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Op-Ed: Congress finds Apple avoided ‘tens of billions’ in tax

Washington - Apple is alleged to have used offshore tax havens to keep huge amounts of money away from clutches of the IRS. The other side of this large coin is that US tax laws are a positive incentive for behaviour of this kind.
Read full story   by Paul Wallis - 5 comments
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Top News: Business

Nelson Mandela's daughters sue their father for his millions

Johannesburg - Mandela's daughters Zenani and Makaziwe, fighting for rights of access to their father's assets valued in millions, have filed an interdict in the High Court to remove George Bizos, Bally Chuene and Tokyo Sexwale as trustees and directors of his trust.
In the Media by JohnThomas Didymus - 9 comments

Interview with Joanna Kotrotsios from Hermes Expo International Special

On May 11, Joanna Kotrotsios chatted in-person with Digital Journal’s Markos Papadatos about being a recipient of the prestigious Hellenic Times scholarship. She was one of this year’s 36 Hellenic Times recipients from all across the United States.
Digital Journal Report by Markos Papadatos

Yahoo to acquire Tumblr for $1.1 billion

Reports say the Yahoo board has approved a $1.1 billion cash deal to acquire Tumblr. Yahoo's board reportedly approved the deal in a meeting on Friday.
In the Media by JohnThomas Didymus - 1 comment

Op-Ed: An antidote to Monsanto?

Whatever one thinks of Monsanto, the company's name is mud with significant tranches of the public the world over. Without taking sides, is it possible to resolve this problem?
In the Media by Alexander Baron

Op-Ed: UK Uncut lose Goldman Sachs challenge, Amazon's paltry taxes

London - Two foreign companies who trade in the UK have been in the spotlight this week. The companies involved are Amazon and Goldman Sachs. So first the tale of Amazon and its corporation tax liabilities in the UK, or rather its lack of them.
In the Media by Eileen Kersey - 4 comments

Review: 'Bankers - 2. Risking It All' Special

The second episode of this short BBC TV series covers the fall of M.F. Global. It also contains two strikingly misleading claims.
Digital Journal Report by Alexander Baron - 8 comments

The Hellenic Times Scholarship Fund (HTSF) turns 22 Special

New York - On May 11, 2013, the 22nd annual Hellenic Times Scholarship Fund (HTSF) GALA was held at the Marriott Marquis in New York City. As of today, the HTSF has awarded over 850 scholarships totaling over $2 million.
Digital Journal Report by Markos Papadatos

Postmedia extends paywall to all newspapers

Following in the footsteps of other newspapers across North America, such as the New York Times, Postmedia Inc. announced that it was expanding its paywall to all of its newspapers.
In the Media by Owen Weldon - 4 comments

Euro zone remains mired in recession

Brussels - The Euro zone economy of 17 nations contracted by 0.2 per cent during the first quarter of 2013. This is the longest recessionary period since the Euro was introduced back in 1999.
In the Media by Ken Hanly - 1 comment

Man says he found secret Coca-Cola recipe, puts on eBay for $15m

Ringgold - A Georgia man, Cliff Kluge, who buys and sells antiques believes he may have stumbled on what is probably the most sought-after commercial recipe in the world, the secret formula to Coca-Cola, and he is trying to sell it on eBay for $15 million.
In the Media by JohnThomas Didymus - 4 comments

Op-Ed: Ontario Energy Board tightens grip on ratepayers pocketbooks

The Ontario Energy Board (OEB) has changed its policies to strengthen its grip on Ontario ratepayers’ wallets by guaranteeing the continued extraction of income taxes and HST from hydro users.
In the Media by Don Rennick - 3 comments

True Religion Apparel purchased for more than $800 million

The designer jeans company, True Religion Apparel, announced on Friday that TowerBrook Capital Partners, a private equity firm, purchased the company for around $835 million.
In the Media by Owen Weldon

GE's Roadshow For Growth visits Chicago, highlights investments

Chicago - Continuing the 20-city bus tour in celebration of achievements in the middle market, GE Capital's Roadshow For Growth visited Chicago and highlighted the investment commitments the firm has made in the windy city.
In the Media by Michael Krebs

Mothers can eat free at Hooters on Mother's Day

This Mother's Day, Hooters will be running a promotion to get moms to come in. The restaurant chain will be offering mothers a free meal on Mother's Day.
In the Media by Owen Weldon - 11 comments

Review: ‘Bankers — Fixing The System’ Special

London - There used to be an old joke about traffic wardens belonging to the most hated profession; today, bankers top that list. This BBC TV documentary series explains why, just in case you didn't know.
Digital Journal Report by Alexander Baron - 6 comments

850 further job cuts announced by Lloyds bank

Lloyds Banking Group announced that it plans on cutting 850 more jobs, as well as closing down a large office located in Essex.
In the Media by Owen Weldon

Donald Trump backs crowdfunding site

Donald Trump has decided to enter the world of crowdfunding. Trump has become an investor in a new crowdfunding site that launched just a few days ago.
In the Media by Owen Weldon

Snake charmer tribal youths fish for a better living in India Special

Chennai - They used to be snake charmers, until the government made it illegal. However, instead of crying over a lost livelihood, youths of the primitive tribe Irular in southern India are turning entrepreneurs, catching and breeding clams and .fish
Digital Journal Report by Stella Paul - 1 comment

In a content marketing first, GE Capital hits the road with Slate

In a remarkable and dynamic first in the content marketing space, GE Capital and Slate magazine have partnered to deliver the middle market Roadshow For Growth - celebrating the job-oriented achievements of middle-market businesses.
In the Media by Michael Krebs
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