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Saturday, Jul 05th

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Inquiry on Tax Strategy Adds to Scrutiny of Finance Firms Including Bain Capital

Baon Capital inquiryThe New York attorney general is investigating whether some of the nation’s biggest private equity firms have abused a tax strategy in order to slice hundreds of millions of dollars from their tax bills, according to executives with direct knowledge of the inquiry.

The attorney general, Eric T. Schneiderman, has in recent weeks subpoenaed more than a dozen firms seeking documents that would reveal whether they converted certain management fees collected from their investors into fund investments, which are taxed at a far lower rate than ordinary income.

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Video: Butterball Turkeys: Felony Conviction for Cruelty to Factory-Farmed Birds

TURKEYThis conviction is believed to be the first-ever felony cruelty-to-animals decision in a case related to birds-used-for-food production conditions in the United States.

Brian Douglas and several other Butterball employees were filmed violently kicking and stomping birds, dragging them by their wings and necks, forcefully throwing turkeys, and bashing in the heads of live birds with metal bars.

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Celebrity friar says pedophile victims seduce priests and coaches

Fatherbenedict.com Father Benedict Groeschel Critics blasted a nationally renowned Catholic priest Thursday for his outrageous claim that underage victims of pedophiles such as Jerry Sandusky and rogue priests are sometimes the seducers.

In an interview with the National Catholic Register, the Rev. Benedict Groeschel, former head of the Office of Spiritual Development for the Archdiocese of New York, appalled victims rights advocates when he offered sympathy for disgraced ex-Penn State coach Sandusky and suggested that first-time sexual predators deserved no jail time.

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Apple blocks 'objectionable' app that reports deaths from US drone strikes

Drone deaths app blockedSoftware giant Apple has blocked an app that would notify subscribers every time a US drone carried out a deadly mission on the grounds that it is "objectionable and crude", according to the program's designer.

Josh Begley, a graduate student at New York University, developed Drones+ to provide up-to-date information on strikes, using reports collated by the London-based Bureau of Investigative Journalism – an organisation that tracks the use of unmanned CIA aircrafts.

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Sweet! Astronomers spot sugar molecule that’s ingredient for life floating near star

GlycoladehydeAstronomers say that, for the first time, they have discovered one of the ingredients of life — sugar — in a gas cloud surrounding a young star. The team of European and American astronomers says it spotted a simple sugar molecule called glycolaldehyde near a 10,000-year-old star similar to the sun.

Glycolaldehyde is needed to form ribonucleic acid, or RNA, which is similar in function to DNA.

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Mount Union pastor placed on leave following allegations of sex abuse

Altoona priest charged with abuseA Mount Union pastor has been placed on leave after 30-year-old allegations of sexual misconduct with minors in Cambria County surfaced on Friday.

Rev. George Koharchik, 63, Pastor of the Saint Catherine of Siena Parish in Mount Union has been removed from the active ministry, according to a press release from the Altoona-Johnstown Diocese. According to the Most Rev. Mark Bartchak, Bishop of the Altoona-Johnstown Diocese, Koharchik will not be permitted to function as a priest and "will reside at a place where he has no contact with children."

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Rep. Steve King: I’ve Never Heard Of A Girl Getting Pregnant From Statutory Rape Or Incest

Steve KingRep. Steve King, one of the most staunchly conservative members of the House, was one of the few Republicans who did not strongly condemn Rep. Todd Akin Monday for his remarks regarding pregnancy and rape. King also signaled why — he might agree with parts of Akin’s assertion.

King told an Iowa reporter he’s never heard of a child getting pregnant from statutory rape or incest.

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