Apple CEO Timothy Cook made a rare appearance on Capitol Hill on Tuesday, testifying after congressional investigators revealed that Apple avoided billions in taxes. The New York Times' Charles Duhigg and guest host Jennifer Ludden talk about the tax code and the digital economy.
People who use Airbnb, the web company that pairs travelers with residents who rent out their homes on a short-term basis, are breaking New York City's laws, according to an administrative law judge. The vacation rental business was found to run afoul of the city's occupancy code.
Some shareholders said splitting the roles would lead to better governance. The proposal received only 32 percent of the vote.
IRS and Treasury officials can expect a hard time in their appearances on Capitol Hill Tuesday. A key question that so far has not gotten much attention: How did it come to be that social welfare organizations became vehicles for political activity?
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.
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