Obama proposes corporate tax reform with new loopholes
President Obama seeks to close many corporate tax loopholes while creating new incentives for manufacturers and clean energy investors. Analysts warn the plan may disrupt competitiveness and invite gaming, as opponents call it a risky election year proposal with no chance in a divided Congress.
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Washington
Barack Obama
Obama
Martin Sullivan
Publisher Tax Analysts
U.S
Congress
Henry Aaron
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Japan
United States
Higher gas prices threaten Obama re election hopes
Washington report notes rising gasoline costs near four dollars a gallon jeopardizing Barack Obama's second term prospects. The piece cites a Miami speech promoting energy expansion while economists warn short term policy cannot curb prices, with poll data showing public concern and potential economic drag.
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Obama
Washington
Barack Obama
Miami
GOP candidates blast Obama energy policy in Mesa debate
Newt Gingrich and others assail President Obama's energy plan at a Mesa Arizona debate. Gingrich pledges a "Drill Here, Drill Now" program aiming to end Saudi influence and cut gasoline to about 2.50 dollars a gallon, criticizing the Canada to Gulf Coast pipeline rejection.
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Obama
Canada
U.S. Gulf Coast
Newt Gingrich
Mesa
Ariz
Pepsi Next aims to regain soda fans with mid calorie cola
Pepsi launches Pepsi Next a mid calorie cola with about 60 calories per can to bridge regular and diet. The national rollout by end of March targets soda drinkers seeking lower calories while preserving taste as Pepsi tries to revive the cola wars.
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New York
Pepsi
No. 2 Cola Company
Coke
John Sicher
Bever
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