That’s how much Apple Inc. is holding in overseas accounts, according to a report from congressional investigators. The Senate Permanent Subcommittee on Investigations released the report ahead of a hearing today about multinational companies that shift profits to countries with...
Read more »Bloomberg by the Numbers: $102 Billion
Photograph by Jonathan Alcorn/Bloomberg
Former U.S. Vice President Al Gore speaks during an interview at the annual Milken Institute Global Conference in Beverly Hills, California.
Al Gore is Romney-Rich
Ken Wells and Ari Levy report for Bloomberg News today: In 1999, Al Gore, then U.S. vice president and a Democratic candidate for president, sold $6,000 worth of cows. The former senator, who spent most of his working life in Congress, had...
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Photograph by Daniel Acker/Bloomberg
Three sections of pipe sit on the ground during construction of the Gulf Coast Project pipeline in Atoka, Oklahoma, as part of the Keystone XL Pipeline Project and will run from Cushing, Oklahoma to Nederland, Texas.
Washington Daybook: Keystone Deadline
Today is the deadline for public comments at the State Department on the proposed Keystone pipeline to carry tar-sands oil fro Canada to U.S. refineries. Democratic donors are trying to persuade President Barack Obama that turning down TransCanada Corp.’s petition...
Read more »Tech Helps Give West Best U.S. Job Growth
Gary Schlossberg, an economist at Wells Fargo in San Francisco, doesn’t have to look far to see how the innovation and entrepreneurship in California are helping the West lead the nation’s job growth. “Tech certainly is a driver,” Schlossberg said...
Read more »BlackBerries in Motion: Booz Allen’s Switch, Smarter-Government Next?
Booz Allen Hamilton employs 25,000. They provide consulting services to the federal government, where the BlackBerry rules as the government-issued smart phone. Booz Allen has dropped the Berry. The consulting firm is leaving Research In Motion behind as it decommissions...
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Photograph by Timothy Jacobsen/AP Photo
Former senior executive with the National Security Agency Thomas Drake leaves the U.S. Courthouse in Baltimore in this file photo.
Obama Leak Crackdown Turns High-Paid Expert into Hourly Clerk
At first glance, the lanky, bespectacled shop assistant wearing a blue T-shirt and Levis at the Apple store in a suburb of Washington, D.C., looks little different than the other `‘geniuses’’ extolling the joys of the iPad. Upon closer examination, the...
Read more »Washington Daybook: Apple Eyed
Are Apple Inc’s products too cool to ban? The U.S. International Trade Commission in Washington may decide the issue when it announces today whether Apple’s iPhones, iPads and other devices infringe Google Inc’s Motorola Mobility patents and, if so, whether it...
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Photograph by Charles Ommanney/Getty Images
In the last moments of their administration President George W. Bush and first lady Laura Bush welcome Barack H. Obama and his wife Michelle in the Blue room of the White House.
Washington Daybook: Picture This
Former President George W. Bush and his wife Laura drop by the White House today to check out their official portrait and have lunch with the Obamas. The Bushes have pretty much avoided Washington like the plague since departing the...
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