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Thursday, Jul 03rd

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Microsoft's Use Of Lox-Tax Havens Drives Tax Bill To 7 Percent Of Profit

Bill GatesThings were rosy in the giant software company's just-ended fiscal fourth quarter, which produced record sales of nearly $17.4 billion, a 30 percent increase in after-tax profit, and a 35 percent gain in earnings per share.

But for the Internal Revenue Service and foreign tax authorities, things weren't so rosy. Microsoft reported only $445 million in taxes in the U.S. and other foreign countries, just 7 percent of its $6.32 billion in pre-tax profit.

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Exxon Mobil Profit Soars 41% on Higher Oil Prices

ExxonExxon Mobil Corp.'s second-quarter profit jumped 41% on high oil prices and improved refining and marketing results.

Exxon, the world's largest publicly traded oil company by market value, joined rivals ConocoPhillips, BP PLC and Royal Dutch Shell on reporting skyrocketing profits that echoed the record earnings oil companies posted before the financial collapse in 2008, when oil traded above $147 a barrel.

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Let's stop assuming the police are on our side

Can confidence in the Metropolitan police sink any lower? Even before the past few weeks revealed the possibility of their complicity in the News of the World hacking scandal, and the past few months their brutal attitude towards the policing of students and other protesters, there were many who already had reason to mistrust those who claim to be "working together for a safer London".

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After Right-Wing Pressure, DHS Now Has ‘Just One Person’ Dealing With Domestic Terrorism

DHS has ONE person in charge of domestic terrorismThe greatest threat of large-scale attacks come from individuals and small groups of extremists who subscribe to radical Islamic or far right-wing ideologies, said Gary LaFree, director of the National Consortium for the Study of Terrorism and Responses to Terrorism, or START. [...]

Ackerman said nationally, law enforcement has been focused since the attacks on the World Trade Center and Pentagon in 2001 on the threat of Islamic terrorism, even as the threat from domestic anti-government groups has been growing.

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9/11 Responders, Residents With Cancer Don't Qualify For Government Aid

9/11 respondersCancer-stricken emergency workers who responded to the 9/11 attacks on the World Trade Center and cancer victims who resided in the area do not qualify for federal aid, according to a review by the National Institute for Occupational Safety and Health.

NIOSH concluded that "insufficient evidence exists at this time to propose a rule to add cancer, or a certain type of cancer," to the list of diseases that qualify for aid under the James Zadroga 9/11 Health and Compensation Act.

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Mexican cartels move into human trafficking

Rosi OrozcoThe Salvadoran single mother was hoping to support her children in the United States. Instead, gunmen from the Zeta drug cartel kidnapped her in Mexico and forced her to cook, clean and endure the rapes of multiple men.

Now the survivor of this terrifying three-month ordeal is a witness for a growing group of legislators, political leaders and advocates who are calling for action against the trafficking of women for sexual exploitation in Mexico.

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US judge upholds federal embryonic stem cell funds

human embryonic stem cellU.S. District Judge Royce Lamberth ruled the U.S. National Institutes of Health (NIH) guidelines on such research do not violate federal law and he dismissed a legal challenge to the funding.

Lamberth a year ago had halted the funding of the research. But he was reversed in a ruling by a U.S appeals court in April. His latest decision was largely based on the appeals court's reasoning and conclusions.

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Murdochs were given secret defence briefings

Rebekah Brooks, Rupert Murdoch and James MurdochThe extraordinary access that Cabinet ministers granted Rupert Murdoch and his children was revealed for the first time yesterday, with more than two dozen private meetings between the family and senior members of the Government in the 15 months since David Cameron entered Downing Street.

In total, Cabinet ministers have had private meetings with Murdoch executives more than 60 times and, if social events such as receptions at party conferences are included, the figure is at least 107.

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Gunman Conspired With “Business and Political Leaders” Before Massacre

Anders Behring BreivikAnders Behring Breivik said he conspired with “business and political leaders” in London years before he set about planning last week’s massacre, an intruiging connection given the fact that the gunman’s manifesto is datelined “London 2011, suggesting a clear connection to the capital as evidence emerges of a wider plot.

“In the manuscript Breivik describes his “mentor” as an Englishman he identifies as “Richard”, and says his journey into violent extremism began at a small meeting in London in 2002 where a group of like-minded extremists met to “reform” the Knights Templar Europe, a military group whose purpose was “to seize political and military control of western European countries and implement a cultural conservative political agenda,” reports the Guardian.

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