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It is hard to know just how much that $400 billion in losses will end up lowering corporate America's tax bill. Companies are allowed to record tax credits for current losses and use those credits to lower their bill when they return to profitability. If companies have more tax...
While the wisdom of such lengthy study is subject to debate, not so the reality of the calendar. Time is either an ally or a foe of any commander. "You may have the watches," the Taliban like to say, "but we have the time." No one knows that as well...
Walking into the sun-bleached heart of Matera is like getting a direct line into southern Italy's past. Without any warning, the city's modern apartment buildings and piazzas give way to the Sassi (or the Stones), a dramatic enclave of Paleolithic cave dwellings and medieval houses dug into...
Not every Cuban American agrees, of course. Jose Azel, 61, left Cuba at age 13 as part of Operation Pedro Pan, an effort by the Roman Catholic Church that brought 14,000 unaccompanied minors to the U.S. from Cuba in the early 1960s. He has never gone back. "I am...
The visit is the second meeting between the nations' diplomats since U.S. President Barack Obama announced in September that his Administration would pursue a policy of engaging the generals who rule the country rather than rebuffing them. The first meeting took place several weeks ago in New York City. Burma...