CEO Tim Cook says the company obeys the law. Sadly for hardworking American taxpayers, that's true.
After 4 years of declines, sales see a slight pickup as interest in craft brews and imports remains strong.
The 2012 increase in beer sales wasn't huge -- only about 1.4% -- but at least one worrisome trend for brewers appears to have reversed, reports The New York Post.
And while craft brews and imports appear to be responsible for much of the growth, even the biggest names in the business saw improvements as well. In fact, many brewers were able to raise prices last year, which helped them bring in more revenue, the Post reports.
A few other factors helped sales last year, including cheaper gas, plenty of leap-year partying and a warm, dry winter in parts of the country, said Brian Sudano, the managing director of Beverage Marketing, according to the Post.
'Jack the Giant Slayer' turned in a debut that fell way short of expectations, and that flop could derail the media company's momentum.
The PG-13 take on "Jack and the Beanstalk" topped the North American box office over the weekend, grossing more than $28 million. However, that's roughly half of what the film needed to be considered a success, according to The New York Times. The movie cost about $270 million to produce and market, which raises the possibility that New York-based Time Warner may have to take a write-down because of Jack's poor performance.
The dud could halt Time Warner's momentum on Wall Street.
Ridership is at an all-time high along its short-haul corridors. But the story is quite different on the longer routes.
Remember Amtrak, America's poor excuse for a national rail line? In the decades following its establishment in 1971, Amtrak came under constant criticism for its uncomfortable and undependable service -- as well as for what the Brookings Institution remembers as a "big, bloated bureaucracy, incapable of change and dependent on federal subsidies."
Well, apparently no longer. On Friday, Brookings released a new study that describes Amtrak as "in the midst of a renaissance" fueled by consumer frustrations with the rising costs and hassles of both car and plane travel as well as a renewed interest in passenger train travel.
The study notes Amtrak ridership is up 55% since 1997, with the rail service now carrying an all-time high of over 31 million passengers annually.
The San Francisco 49ers' new home field promises to be the greenest sports facility yet.
Is it an example of corporations practicing responsible, cost-efficient environmental sustainability -- or a public relations exercise meant to help a fan base feel good about their sports team?
Maybe it's a bit of both. But either way, the new, $1.2 billion facility being built for the NFL's San Francisco 49ers is expected to be the "greenest" stadium in the league when it opens for business next year.
SunPower will supply 400 kilowatts of high-efficiency solar panels for the stadium, the first such facility to incorporate solar power from the very start of construction.
Even if your gains are ill-gotten, the IRS wants its cut. And paying those taxes could eliminate at least one imprisonable offense.
Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Form 1040, line 21, or on Schedule C or Schedule C-EZ (Form 1040), if it's from your self-employment activity.
That's right: Drug dealing, embezzlement and any number of other duplicitous and illegal activities aren't only "self-employment," but are taxable. CNNMoney broke it down on Friday and found that while criminals typically don't give the Internal Revenue Service a cut of the take, more are reporting their ill-gotten gains just to avoid facing two sets of charges. As Al Capone proved, even if you get off scot-free on criminal charges, you can still be put away for tax evasion.
The legendary guitar player says he may quit touring in 2015, when he turns 70.
"The bit onstage, that's easy," Clapton told the magazine. "But for me, the struggle is the travel. And the only way you can beat that is by throwing so much money at it that you make a loss."
Clapton's move has financial consequences. When he started out during the 1960s, rock musicians made most of their money from record sales. Now, their main source of income comes from touring. A Princeton University paper pointed out that the income from touring exceeded income from record sales by a ratio of 7.5 to 1 in 2002.
A Massachusetts woman says after a 7-pound box of pot wrongly came to her house, FedEx gave her address to the drug dealers.
Plymouth, Mass., resident Maryangela Tobin filed a lawsuit against FedEx (FDX) on Feb. 12 after just such a scenario unfolded at her house over a stretch of several days. Tobin's suit alleges FedEx violated state privacy law by handing out her address and that it put her and her two children in danger from drug dealers seeking retribution for their lost stash.
Tobin originally thought the package was a present for her daughter. She told CBS (CBS) Boston it was filled with a thin layer of peppermints over packages of "what we thought was potpourri."
Sales of the once-derided 'ham in a can' are soaring. And a new digital ad campaign aims to put the meat on more plates than ever.
It's the canned protein that helped America get through the Depression and fed the Allies as they won World War II. No, it's annoying unsolicited messages in your email in-box, apparently given its name from a hilarious Monty Python skit. No, it's a once-derided mystery meat that's now making inroads with a new generation of consumers and now even has its own spokescharacter, Sir Can-A-Lot...
Turns out Spam (short for "spiced ham") is all of the above.
Strong sales of Spam have helped fatten the bottom line of parent company Hormel Foods (HRL), whose recent first-quarter earnings report was in line with Wall Street's expectations, with overall profits and sales up slightly.
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More than 8,000 households got hit with the one-time levy as Socialist President Francois Hollande continues to target the nation's wealthiest.
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[BRIEFING.COM] Stocks ended modestly higher as the S&P 500 climbed 0.2%, and the Dow added 0.4% to register its 19th consecutive Tuesday of gains.
The major averages saw little change during morning action, but afternoon buying interest helped lift the indices to session highs. Most cyclical sectors (with the exception of materials and technology) finished among the leaders, but the defensively-geared health care sector settled atop the leaderboard as biotechnology outperformed. ... More
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The auto parts giant beats Wall Street expectations, while continuing to expand its stores in the U.S. and Mexico.