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News loans to Foxtel questioned

2015-02-15 15:08:36| Telecom - Topix.net

Rupert Murdoch's News Corporation and Telstra Corporation are lending money to their cashed-up pay TV business Foxtel at 12 per cent, claiming tax deductions on the loan and lending the money back to themselves at an interest rate of zero. An investigation by Fairfax Media has found this irregular transaction helped the Foxtel Partners reduce their tax in Australia, but the ATO seems to have missed out in taxing the interest income.

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Conservative Canadian News Channel - Nicknamed 'Fox News...

2015-02-15 06:52:20| IT Services - Topix.net

Canada's Sun News Network - a conservative cable news channel that opened for business in 2011 - went off the air Friday following failed attempts to sell it, United Press International reported . The station also was known for a confrontational style and garnered a nickname - "Fox News North" - as it looked to balance a perceived liberal media bias in Canada, UPI reported.

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Some bad news for Republicans

2015-02-15 06:42:19| Auto Dealers - Topix.net

Consumer confidence is soaring, gas prices are down, the stock market is up, unemployment is down, the president's approval is up, health care costs are down, auto sales are up.

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Oil slump not necessarily bad news for climate

2015-02-14 14:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Since the 1970s, the renewable energy sector has usually trembled each time oil goes through the "bust" phase of the commodity cycle. When crude was dear, users became interested in wind, solar and hydro. But when oil became cheap, they gorged on it once more, turning their backs on novel, cleaner but costlier alternatives. Today, oil is again in the doldrums. It plunged by 60 percent in price between June 2014 and January, falling to just over $40 a barrel, before pulling back to around...

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Jay Kumar Speaks at Plastics News' 17th Annual Executive Forum

2015-02-13 11:30:23| Industrial Newsroom - All News for Today

Owner of Universal and Mayfield Plastics Discusses Attracting Young Talent to Plastics Industry Holyoke, MA.   Jay Kumar, owner of thermoforming companies Mayfield Plastics and Universal Plastics, was recently a featured speaker at the Plastics News 17th Annual Executive forum in Las Vegas, Nevada. Plastics News...

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