Technology giants Microsoft and Hewlett-Packard used offshore units to shield billions of dollars from US taxes by taking advantage of loopholes in the tax code, a US Senate panel has said.
Describing tax avoidance as rampant in the technology sector, the Senate's Permanent Subcommittee on Investigations said tech companies used intellectual property, royalties and license fees in tax havens such as the Cayman Islands to skirt US taxes.



Australia's Commonwealth Scientific and Industrial Research Organization (CSIRO) has developed a novel variety of genetically-modified (GM) wheat that contains an altered protein and enzyme-suppressing mechanism that some scientists are now saying could cause serious problems for the human liver. A recent report compiled by several acclaimed experts in the field of genetics says that children born to parents who consume this GM wheat variety could actually end up dying before they reach the age of five.
At a time when states are struggling to reduce bloated prison populations and tight budgets, a private prison management company is offering to buy prisons in exchange for various considerations, including a controversial guarantee that the governments maintain a 90% occupancy rate for at least 20 years.

Organic rice baby cereal, rice breakfast cereals, brown rice, white rice—new tests by Consumer Reports have found that those and other types of rice products on grocery shelves contain arsenic, many at worrisome levels.
Italy's highest appeals court has upheld guilty verdicts on 23 Americans, all but one of them CIA agents, accused of kidnapping a terror suspect. Their case related to the abduction of an Egyptian cleric in Milan in 2003.The man, known as Abu Omar, was allegedly flown to Egypt and tortured.





























