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Apr 29

2012

Is Apple rotten to the core?

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The New York Times on Sunday published yet another damning investigation on the business practices of Apple. Among the key findings: Apple has exploited the tax code, both here and aboard. According to The Times: Apple’s headquarters are in Cupertino, Calif. By putting an office in Reno, just 200 miles away, to collect and invest the company’s profits, Apple sidesteps state income taxes on some of those gains. California’s corporate tax rate is 8.84 percent. Nevada’s? Zero. Setting up an office in Reno is just one of many legal methods Apple uses to reduce its worldwide tax bill by billions[...]

Posted 13 years ago

Apr 28

2012

Buffalo will have to wait

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We’re No. 51 The Federal Communications Commission voted Friday to require the four major television networks and TV stations in the 50 largest markets to report details on political advertising that will be posted in the FCC website. Buffalo-Niagara Falls turns out to be the 51st largest market, meaning stations in WNY are among 160 smaller markets that have until July 2014 to comply. The near-term objective is to promote transparency regarding the estimated $3.2 billion that is expected to be spent on TV advertising this election year. But the new rule requires disclosure of all political advertising, including air[...]

Posted 13 years ago

Apr 25

2012

Check out the fact checkers

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Lying has become rampant in public life. In politics, it’s called “spin.” In business, “public relations.” In sports, “upper body injury.” Well, not exactly, but you get the drift. The propensity of the press to produce “he said, she said” stories and otherwise give disproportionate coverage to the loudest voices in the room regardless of their credibility has helped enable this epidemic of dishonesty. Cable television and social media are also complicit. In response, a number of websites dedicated to fact checking have set up shop in recent years. Here’s a rundown on the best of them. PoliFact.com is produced[...]

Posted 13 years ago
Investigative Post