Tough talk on taxes won’t be easy for Obama plan
President Obama proposes stopping deferral of overseas profits and boosting enforcement to raise about 210 billion over ten years. He argues the current system incentivizes offshore investment and seeks nearly 800 new IRS agents while urging tax code reforms to keep U.S. companies competitive.
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Obama
U.S
Bangalore
India
Buffalo
N.Y
Raymond Wiacek
Jones Day
IRS
Gates Foundation awards 81 grants for bold global health research
The Bill & Melinda Gates Foundation approved 81 grants of 100000 dollars each to support unconventional five year health research. Eric Lam of Rutgers University explores tomatoes as antiviral drug delivery. University of Exeter researchers aim to build a cheap malaria diagnostic instrument using magnetic detection of parasite waste. Mei Wu of Massachusetts General and Harvard Medical School tests laser-assisted vaccine enhancement. Thomas Baker of Penn State studies malaria mosquitoes infected with fungus to suppress their sense of smell.
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Seattle
Bill & Melinda Gates Foundation
Eric Lam
Rutgers University
New Jersey
University of Exeter
Devon
England
Mei Wu
Massachusetts General Hospital
Harvard Medical School
Thomas Baker
Penn State University
Mexico signals return to normalcy after swine flu peak
Mexico announces a return to normalcy with reopened businesses and schools amid a still active swine flu crisis. President Calderon says the epicenter waned and universities will resume while experts warn the virus remains widespread and could worsen in the U S and elsewhere.
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Mexico
Mexico City
Felipe Calderon
Calderon
U.S
Marc-Alain Widdowson
Centers For Disease Control and Prevention
Associated Press
New York City
Richard Besser
CDC
Jose Cordova
Widdowson
Ital
Craigslist suspect named in warrant for Rhode Island assault
Philip Markoff, a Boston University medical student, is named in a Rhode Island arrest warrant charging assault and weapons violations for allegedly pulling a gun on a stripper at a Warwick Holiday Inn Express. He had been linked to the April 16 hotel robbery attempt and the Boston killings and robberies involving Craigslist ads.
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R.I
Boston
Rhode Island
Philip Markoff
Markoff
Patrick Lynch
New York City
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Copley Place
Back Bay District
Iraq rules out U S combat troops remaining in cities after deadline
The Iraqi government announced that U S combat forces will not stay in cities after the June 30 withdrawal deadline despite security concerns. Pentagon officials said the decision rests with Iraq, while U S and Iraqi leaders stress readiness and ongoing cooperation amid Mosul security worries.
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Iraq
U.S
Mosul
Pentagon
Bryan Whitman
Joint Chiefs of Staff
Adm
Mike Mullen
Raymond Odierno
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