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...
As Recovery Inches Ahead, Banks Face a New Reckoning
Label: BusinessThe nation’s largest banks are facing a fresh torrent of lawsuits asserting that they sold shoddy mortgage securities that imploded during the financial crisis, potentially adding significantly to the tens of billions of dollars the banks have already paid to settle other cases. Regulators, prosecutors, investors and insurers have filed dozens of new claims against Bank of America, JPMorgan...
Dec
08
Surgeon infected patients during heart procedure, Cedars-Sinai admits
Label: World A heart surgeon at Cedars-Sinai Medical Center unwittingly infected five patients during valve replacement surgeries earlier...
New Crowdfunding Site Seeks to Protect Backers of Industrial Design
Label: Technology Entrepreneur Jamie Siminoff wants to build more credibility into crowdfunding — so he’s launching a new platform that takes responsibility for ensuring the viability of new projects.The crowdfunding process, pioneered by sites like Kickstarter, has had its share of huge successes, as well as failures. The problem, says Siminoff, is that when a venture fails, the funders are left holding the...
TNT’s “Leverage” could end this month, producer warns
Label: LifestyleLOS ANGELES (TheWrap.com) – This could end up being a very un-merry Christmas for “Leverage” fans.Dean Devlin, executive producer of the TNT drama, penned an open letter to the show’s viewers on Thursday, telling them that he and fellow “Leverage” executive producer John Rogers crafted the show’s Season 5 finale – airing December 25 – as a series finale, because it just might be.TNT has not yet decided...
New Taxes to Take Effect to Fund Health Care Law
Label: HealthWASHINGTON — 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...
You for Sale: Company Envisions ‘Vaults’ for Personal Data
Label: BusinessPeter DaSilva for The New York TimesMichael Fertik, the founder and chief executive of Reputation.com, at its offices in Redwood City, Calif., where he has amassed a database of information collected on millions of consumers. “YOU are walking around naked on the Internet and you need some clothes,” says Michael Fertik. “I am going to sell you some.” Naked? Not exactly, but close. Mr....
Dec
07
Supreme Court to rule on California's Prop. 8 ban on gay marriage
Label: WorldJustices will rule for the first time on same-sex marriage by deciding the constitutionality of Prop. 8.
The Supreme Court announced...
Video: A Magical Nighttime Journey Through a Fluorescent Reef
Label: Technology A coral reef is a world of kaleidoscopic shape and color. To see one at night, illuminated by its own fluorescence, is even more marvelous still. This luminous parade was filmed off the coast of Egypt by Lynn Miner and Steffen Beyer, the founders of FireDiveGear, who custom-build photographic equipment for marine biologists and other undersea explorers. Miner and Beyer dive in the blackness...
Nurse who took prank call about royal Kate found dead
Label: LifestyleLONDON (Reuters) – A nurse who answered a prank call at the London hospital that was treating Prince William‘s pregnant wife Kate for morning sickness has been found dead, the hospital said on Friday, in a suspected suicide.The death comes days after the King Edward VII hospital apologized for being duped by an Australian radio station and relaying details about Kate’s condition which made headlines...
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