Baxter & Baxter, LLP

Obama Reportedly Seeking 28% Corporate Tax Rate

blogger — Wed, 22 Feb 2012 12:33:00 +0000

The president is proposing to cut the corporate tax rate from 35 percent to 28 percent and wants an even lower effective rate for manufacturers, according to a senior administration official. In turn, corporations would have to give up dozens of loopholes and subsidies.

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Bailout Will Help Greece Meet Bond Obligations

blogger — Wed, 22 Feb 2012 09:00:00 +0000

With every announcement that Europe has finally dealt with its debt crisis there is a sigh of relief — and then reality sets in. There is a lot of skepticism this time because the Greek economy needs to start growing in order for it to make debt payments. And so far all the signs point toward a continuing contraction.

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Sotheby’s To Auction Munch’s ‘The Scream’

blogger — Wed, 22 Feb 2012 09:00:00 +0000

One of four versions of "The Scream" by Norwegian artist Edvard Munch is going on the block this spring. All four versions of the painting show a man clutching the sides of his skull-shaped head, his mouth open. The one being offered by Sotheby's is the last still in private hands.

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Johnson & Johnson Names New CEO

blogger — Wed, 22 Feb 2012 09:00:00 +0000

Johnson and Johnson has been struggling with lawsuits and product recall issues — most recently it was bottles of infant Tylenol. Current CEO William Weldon plans to retire in April. His replacement will be Alex Gorsky, a Johnson & Johnson executive who has dealt with its supply-chains.

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Comcast Picks Up 4 Minority-Owned Cable Channels

blogger — Wed, 22 Feb 2012 07:37:00 +0000

The country's largest cable company Comcast announced it's going to carry four new channels geared toward African American and Latino audiences. Owners include Magic Johnson, Sean "Diddy" Combs and movie director Robert Rodriguez. Comcast promised Congress nearly two years ago that it would carry more minority-owned and operated networks in its bid to acquire NBC-Universal.

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Presidential Hopefuls Blame Gas Prices On Obama

blogger — Wed, 22 Feb 2012 06:49:00 +0000

Gasoline prices are up nearly 20 cents from a month ago. High prices at the pumps could turn into a liability for President Obama — if Republicans have their way. The White House insists its policies are not to blame.

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Should Valets Be Responsible For Drunk Drivers, Too?

blogger — Wed, 22 Feb 2012 05:01:00 +0000

A Boston city councilor wants to enlist the help of valets in keeping drunken drivers off the road. "They are literally our last line of defense," says Rob Consalvo. But critics say that's too much responsibility for valets who, unlike bartenders, are not trained to spot intoxication.

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New Consumer Agency Eyes Bank Overdraft Fees

blogger — Wed, 22 Feb 2012 05:01:00 +0000

The Consumer Financial Protection Bureau says it's looking to overhaul rules on overdraft fees. New limits on those fees could cause banks to raise other fees, but such moves have met resistance from consumers.

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Even When Employed, Health Care A Challenge

blogger — Tue, 21 Feb 2012 21:01:00 +0000

A little more than a year ago, NPR launched the Road Back to Work series, following six people in St. Louis who started 2011 unemployed and were searching for work. Like so many Americans, the people we followed have had difficulty getting health coverage, even after returning to work.

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Google Is Dodging Internet Explorer’s Privacy Protections (So Is Facebook)

blogger — Tue, 21 Feb 2012 20:33:00 +0000

Google, Facebook and 11,000 other companies are circumventing privacy protections in Internet Explorer.

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