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World Bank: U.S. Fourth Friendliest Country For Business
In the annual ranking, the U.S. trails only Singapore, Hong Kong and New Zealand. Business in the U.S. still complain about the corporate tax code, however.
Boom In Shadow Financing Exacts High Toll In China
In Wenzhou, China's entrepreneurial capital, scores of business owners have fled, with at least one committing suicide, after they could not repay loans from the city's underground banks and loan sharks. The rise of this $19 billion empire highlights flaws in China's banking system.
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•
5:09
Rick Perry Offers Flatter Tax In Effort To Regain Traction
You can apparently never have enough flat-tax plans in a race for the Republican presidential nomination. So Texas Gov. Rick Perry on Tuesday officially introduced his own version. That gives us two flat tax proposals in the GOP race, Perry's and Herman Cain's 9-9-9 plan. Actually, Perry's plan is not so much a flat tax as a flatter tax since he maintains deductions and even the current code.
Gadhafi's Final Weeks, As Told By A Top Security Official
Mansour Dao, also Gadhafi's cousin, said toward the end, the despot was angry and still believed Libyans loved him.
School District Says No To Teacher Bonus Grant
Oregon City, just south of Portland, Ore., has rejected more than $2.5 million in federal funds. The school district turned down money that would have given performance-based pay bonuses to teachers, a controversial part of the Obama administration's education policy.
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2:57
Where The Marijuana Grows: Feds Target Landowners
Federal agents, who have been raiding cornfields and vineyards in the Central Valley in California, are now going after the landlords — threatening to seize buildings where marijuana is sold and farmland where it's grown. The collision between state and federal law is creating confusion and panic among both landowners and medical marijuana users.
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4:38
New $5.50 Tax For Canadians Flying To U.S. Called A 'Provocative Insult'
With about 7 million Canadians flying to the U.S. a year, the new tax is expected to raise a little more than $100 million a year. Canadians see it as the U.S. asking its neighbor to pay its debts for them.
Flu Shots: Far From Perfect, Still Advised
The flu vaccine has proven itself for most people, but researchers say it needs an overhaul to further reduce infection and death rates. Many doctors would like to see a universal vaccine that protects against all strains of flu.
The (Basketball) Show Must Go On
It's a desperate time for fans of the NBA. Frank Deford provides an alternative entertainment idea for basketball junkies.
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3:54
In Northwest Town, A Local Fight Against Global Coal
Plans are afoot to build new coal terminals on the West Coast to ship the lucrative commodity to China. But the mayor and activists in Bellingham, Wash., want to keep the city's green image and move beyond its industrial past.
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7:47
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