A Boeing Dreamliner took off Monday — it was a United Airlines flight from Houston to Chicago. This was the first time the fuel friendly jet was back in U.S. skies in nearly five months. The 787 planes had been grounded since January because of battery problems, which cost United roughly $11 million in revenue.
The kids competed in "The Secret Millionaire's Club" — an entrepreneurial contest tied to a web and cable series featuring a cartoon Warren Buffett. Thousands competed. Eight of them, ranging from age seven to 16, got to meet Buffett and present their ideas.
In Italy, the youth jobless rate is nudging 40 percent, a record high in post-war history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union representation.
Tim Cook will address reports that his company pays billions less than it should in U.S. taxes each year at a Tuesday hearing in Washington. According to a report by the Senate Permanent Subcommittee on Investigations, Apple avoids the tax payments by shifting profits to subsidiaries in Ireland.
The deadly collapse of a textile factory in Bangladesh has heightened awareness about cheap clothes. Many Americans have become used to inexpensive clothing, but the garments are also discarded at a remarkable rate: Billions of pounds of clothing are recycled each year; nearly half is exported.
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