Dec
03

Will Mortgage Deduction Survive Fiscal Cliff?

When politicians talk about closing tax loopholes, it seems like they're targeting greedy corporations. But they're also talking about Jaclyn Picarillo, 33, mom of two and American homeowner.The home mortgage interest tax deduction is one of the biggest tax breaks available and it allows individuals to deduct the interest they pay to their mortgage company.It has encouraged...
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Dec
02

Tiny tug of war in cells underpins life

TUG of war could well be the oldest game in the world. Cells use it for division, and now researchers have measured the forces involved when an amoeba plays the game. Hirokazu Tanimoto and Masaki Sano at the University of Tokyo,...
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Starbucks to review British tax arrangements

LONDON: Global coffee giant Starbucks said Sunday it was reviewing its tax affairs in Britain after it took a roasting from lawmakers and campaigners who accuse the chain of paying too little.The Seattle-based firm admitted that "we need to do more" although it would not confirm a report in Britain's Sunday Times newspaper that it will promise this week to increase the amount of corporation...
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McAfee nabbed? His blog says maybe, following CNN interview

The bizarre real-life potboiler concerning on-the-lam antivirus-software pioneer John McAfee continued today, as -- following a cloak-and-dagger CNN interview with the fugitive -- McAfee's own blog posted an item saying he may have been captured at the Belize-Mexico border.The item, pictured above and reported earlier by news agency AFP, says little more than that and calls the report of the capture...
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Photos: Kilauea Lava Reaches the Sea

Into the Sea Photograph by Hugh Gentry, ReutersA spectacular natural phenomenon was on display early this week as lava from a vent in Hawaii's Kilauea volcano flowed into...
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Geithner on Fiscal Cliff: Ball Is in GOP's Court

Dec 2, 2012 9:00am (ABC News)With the fiscal cliff looming and no deal to resolve it in sight, Treasury Secretary Timothy Geithner expressed confidence that a compromise could be reached during my interview with him on “This Week,” but said the burden is now on Republicans to help find a solution to avoid a potential economic crisis.(More from Sunday’s show HERE.)“I...
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Dec
01

Weaver ants help flowers get the best pollinator

MOST flowers don't want pesky ants hanging around scaring away would-be pollinators. Not so the Singapore rhododendron - the first flower found to recruit ants to chase poor pollinators away. Francisco Gonzálvez at EEZA, the arid...
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29 bus drivers who will be repatriated will be paid: SMRT

SINGAPORE: Public transport operator SMRT said the 29 drivers who will be repatriated will be paid, before they leave the country. They will be given all salaries, all claims if any, and ex gratia bonuses on a pro-rated basis.In its statement on Saturday evening, SMRT said there are valuable lessons learnt from this incident which are being addressed by the management.SMRT said it needs...
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Watch the X-47B make its first catapult take-off

The X-47B gets ready for take-off in its first-ever catapult launch.(Credit:U.S. Navy photo)OK, so it was on dry land, not on an aircraft carrier. But first steps are first steps.On Thursday, the U.S. Navy carried out its first-ever steam catapult launch of the X-47B Unmanned Combat Air System -- see the video embedded below -- and was apparently quite happy with the way things turned out. Before...
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Photos: Kilauea Lava Reaches the Sea

Into the Sea Photograph by Hugh Gentry, ReutersA spectacular natural phenomenon was on display early this week as lava from a vent in Hawaii's Kilauea volcano flowed into...
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