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Planet Money
3:07 am
Wed May 22, 2013

Why Apple (And Lots Of Other Companies) Wound Up In Ireland

Andy Wong AP

Originally published on Wed May 22, 2013 9:35 am

Apple was criticized in a Senate committee hearing Tuesday for using complex accounting to minimize the corporate taxes it pays. One key piece of the company's tax strategy: It funnels lots of its profits through subsidiaries in Ireland.

Offering low corporate tax rates has been a fundamental part of Ireland's economic strategy for decades — a way to get foreign companies to set up operations in the country.

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Parallels
3:04 am
Wed May 22, 2013

West Bank Businesses Seek Growth Amid Uncertainty

A worker chips away at Jerusalem stone, likely destined for a building facade somewhere in the world. Stone and marble is a big business in Palestinian towns near Bethlehem. Quarries are in Israeli-controlled areas, and access can be a challenge.
Emily Harris/NPR

Originally published on Sun May 26, 2013 8:27 am

U.S. Secretary of State John Kerry heads back to Israel and the West Bank on Thursday for more talks on restarting peace negotiations between Israelis and Palestinians. When he was there last month, he walked away with at least one agreement — to improve the West Bank economy. Here's how he put it as he left Israel:

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Research News
3:03 am
Wed May 22, 2013

Quantum Or Not, New Supercomputer Is Certainly Something Else

Google and NASA are betting that quantum forces are at work inside D-Wave's 512-bit chip.
Courtesy of D-Wave

Originally published on Wed May 22, 2013 11:33 am

It's exactly the sort of futuristic thinking you'd expect from Google and NASA: Late last week, the organizations announced a partnership to build a Quantum Artificial Intelligence Lab at NASA's Ames Research Center.

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Your Money
3:01 am
Wed May 22, 2013

Instead Of Snoozing In Savings, Let's Put $5,000 To Work

Robyn Mackenzie iStockphoto.com

Originally published on Wed May 29, 2013 3:40 pm

If you have a savings account you probably already know this: Your money there is losing value to inflation. Yields are so low that returns are not even keeping up with the cost of living.

I've been watching some of my own savings dwindle. And that prompted me to take up a challenge: I'm taking $5,000 from personal savings and putting it to work. I'm not a financial whiz, pundit or any kind of guru.

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Shots - Health News
3:00 am
Wed May 22, 2013

Boomer Housemates Have More Fun

Group houses are becoming popular — again — among some single baby boomers, and not just for financial reasons. Marianne Kilkenny (second from right) shares her home in Asheville, N.C, with four other people.
Mike Belleme The New York Times

Originally published on Fri May 24, 2013 11:21 am

Today more than 1 in every 3 baby boomers — that huge glut of people born between 1948 and 1964 — is unmarried. And those unmarried boomers are disproportionately women.

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Sweetness And Light
10:04 pm
Tue May 21, 2013

Backing Becks: Don't Knock The Soccer Star's Talents

David Beckham spent six years in the U.S. with the LA Galaxy before returning to Europe earlier this year.
Fred Dufour AFP/Getty Images

Originally published on Wed May 22, 2013 9:29 am

The most unforgiving criticism in sport is directed at any athlete who fans believe is celebrated too excessively above his true talent level — especially those stars who are gloried because they're such pretty people.

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The Two-Way
7:20 pm
Tue May 21, 2013

Why Oklahomans Don't Like Basements

A heavily damaged home in Moore on Monday. Chances are, it doesn't have a basement.
Joshua Lott AFP/Getty Images

Originally published on Tue May 21, 2013 8:39 pm

When Randy Keller moved from Texas to the Oklahoma City area seven years ago, he couldn't find the house he was looking for.

"I was moving from Texas, where there are also a lot of tornadoes," says the professor of geology and geophysics at the University of Oklahoma who experienced the 1970 tornado in Lubbock, Texas. "But I just couldn't find one."

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The Two-Way
7:19 pm
Tue May 21, 2013

Idaho Terrorism Suspect Waives Detention Hearing

Fazliddin Kurbanov, shown in an undated image provided by the Idaho State Police.
AP

Originally published on Wed May 22, 2013 11:55 am

The 30-year-old Uzbek national accused of a terrorist conspiracy in Idaho and Utah waived his right to a detention hearing in Boise on Tuesday, and apparently avoided public disclosure of details of his alleged crimes.

According to a federal court document, an attorney for Fazliddin Kurbanov withdrew his client's request for the hearing. Kurbanov confirmed the decision through an interpreter and agreed to remain jailed pending a July 2 trial date.

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The Two-Way
7:04 pm
Tue May 21, 2013

Two Key Candidates Barred From Seeking Iran's Presidency

Former Iranian President Akbar Hashemi Rafsanjani's candidacy for the country's presidency was rejected Tuesday by the powerful Guardian Council. He's seen here on May 11 registering his candidacy for the June 14 election.
Ebrahim Noroozi AP

Iran's powerful Guardian Council has disqualified two key candidates — a former president and a top aide to the current president — from running in the June 14 presidential election.

The Guardian Council, which vets all candidates, approved eight names Tuesday but left out former President Akbar Hashemi Rafsanjani and Esfandiar Rahim Mashaei, who was handpicked by President Mahmoud Ahmadinejad.

Mashaei said he would appeal the decision to the country's supreme leader; Rafsanjani did not comment.

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It's All Politics
6:13 pm
Tue May 21, 2013

Former IRS Head To Senate: It Wasn't My Fault

Former IRS Commissioner Douglas Shulman testifies Tuesday on Capitol Hill, before a Senate Finance Committee hearing.
Charles Dharapak AP

It was the Senate's turn Tuesday to grill the Internal Revenue Service, or more accurately, former agency officials, about its handling of the scandal involving the targeting of conservative groups seeking tax-exempt status.

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