WASHINGTON — For more than a year, politicians have been fighting over whether to raise taxes on high-income people. They rarely mention that affluent Americans will soon be hit with new taxes adopted as part of the 2010 health care law. The new levies, which take effect in January, include an increase in the payroll tax on wages and a tax on investment income, including interest, dividends...
New Taxes to Take Effect to Fund Health Care Law
Label: LifestyleWASHINGTON — For more than a year, politicians have been fighting over whether to raise taxes on high-income people. They rarely mention that affluent Americans will soon be hit with new taxes adopted as part of the 2010 health care law. The new levies, which take effect in January, include an increase in the payroll tax on wages and a tax on investment income, including interest, dividends...
Dec
08
Wealth Matters: Protect Yourself from Investment Fraud This Madoff Day
Label: BusinessLeft to right: Louis Lanzano/Associated Press; Stephen Chernin/Getty Images; Richard Carson/ReutersThree men accused of defrauding clients arriving at federal court. From left, Marc Dreier in Manhattan on May 11, 2009; Bernard Madoff in Manhattan on March 12, 2009; and R. Allen Stanford in Houston last Feb. 29. THIS is the time of year when most people think of gifts and holiday gatherings. I couldn’t...
Justices to Take Up Generic Drug Case
Label: HealthWASHINGTON — The Supreme Court said on Friday that it would decide whether a pharmaceutical company should be allowed to pay a competitor millions of dollars to keep a generic copy of a best-selling drug off the market. Stephen Crowley/The New York TimesRalph Neas, head of the Generic Pharmaceutical Association, said the case would alter the marketing of new generics. ...
Justices to Take Up Generic Drug Case
Label: LifestyleWASHINGTON — The Supreme Court said on Friday that it would decide whether a pharmaceutical company should be allowed to pay a competitor millions of dollars to keep a generic copy of a best-selling drug off the market. Stephen Crowley/The New York TimesRalph Neas, head of the Generic Pharmaceutical Association, said the case would alter the marketing of new generics. ...
Dec
07
Gadgetwise Blog: How to Restore Old iTunes Features to New iTunes
Label: TechnologyThe revamped iTunes — iTunes 11 — has been lauded for its spare design and for taking what some iTunes users have called a bloated program back to the basics.But other people may miss classic elements that have disappeared. The good news is that not all of them are really gone. Some are just hidden or renamed. You can get those back easily if you want to. Below are a few examples. (Other features...
In Shift of Jobs, Apple Will Make Some Macs in U.S.
Label: BusinessApple plans to join a small but growing number of companies that are bringing some manufacturing jobs back to the United States, drawn by the growing economic and political advantages of producing in their home market. Kevork Djansezian/Getty ImagesTimothy Cook, Apple’s chief, said that the company was planning to build more Mac components domestically, with partners. ...
Dec
06
U. S. and Russia to Meet on Syrian Conflict
Label: WorldDUBLIN — A new round of diplomacy on the conflict in Syria will begin on Thursday afternoon when Lakhdar Brahimi, the United Nations special envoy, hosts an unusual three-way meeting with Secretary of State Hillary Rodham Clinton and the Russian foreign minister, Sergey V. Lavrov. The session, which is being held on the margins of a meeting on European security, comes amid reports of heightened...
Apple to Resume U.S. Manufacturing
Label: TechnologyFor the first time in years, Apple will manufacture computers in the United States, the chief executive of Apple, Timothy D. Cook, said in interviews with NBC and Bloomberg Businessweek. “Next year, we will do one of our existing Mac lines in the United States,” he said in an interview to be broadcast Thursday on “Rock Center With Brian Williams” on NBC. Apple, the biggest company...
Euro Watch: Spending Data Points to Continuing Woes in Euro Zone
Label: BusinessPARIS — European consumers continue to cut back on spending, official data showed Wednesday, indicating that the region’s financial crisis and ailing job market were weighing on hopes of an economic recovery. Retail sales in the 17-nation euro zone fell 1.2 percent in October from September, and were down 3.6 percent from a year earlier, Eurostat, the statistical agency of the European Union,...
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