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Apple's Bizarre Move, Obama Slammed, Huge Factory Fire And More

Written By Unknown on Wednesday, April 24, 2013 | 6:36 AM

April 24, 2013
Pay attention, Simpson and Bowles: There are some things in life worse than going into debt.

For Apple Inc., that worse thing is paying taxes: The company announced plans Tuesday evening to borrow money for the first time ever, despite having nearly $145 billion in cash. The problem is that $102 billion of that cash is parked overseas and would be taxed if Apple tried to use it in its plan to give money back to shareholders. Continue reading...
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