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Apple CEO Faces Senate Panel's Accusations Of 'Tax Gimmickry'

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.
NPR

The Global Afterlife Of Your Donated Clothes

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.
NPR

Texas Medicaid Debate Complicated By Politics And Poverty

In Texas, it may be politically unwise to cross the governor, but some politicians and advocates in the poor Rio Grande Valley are starting to speak out in support of expanding Medicaid. Gov. Rick Perry opposes all parts of Obamacare.
NPR

Apple's 'Complex Web' Helped It Avoid Taxes, Panel Finds

The Senate Permanent Subcommittee on Investigations said the tech giant claimed that three key offshore companies were not tax residents of Ireland or the U.S. One of those subsidiaries paid no taxes for the past five years while it reported income totaling $30 billion.
NPR

Yahoo's Other Billion-Dollar Bets: Where Are They Now?

Tumblr joins GeoCities, Broadcast.com and Overture in the small fraternity of Yahoo's $1 billion-plus acquisitions. What can the company can learn from its previous purchases?
NPR

Washington State Butcher Spikes Pig Feed With Weed

Despite its name, the "pot pig" experiment isn't an attempt to develop a new meaty treat for stoners. Instead, a Seattle butcher is feeding marijuana seeds, stems and root bulbs to swine as a cheeky money-saving measure.
NPR

Calif. Law To Require Ships To Cut Pollution

California is about to become the first state to require shore power at its ports. A new law mandates at least half of a shipping line's fleet to shut down their diesel engines and plug into shore-side electric power when they unload their cargo. It's part of a larger effort to cut pollution at the state's busiest ports, but costs have been a sticking point.

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