Illinois lawmakers are re-examining the state's business tax climate, just six months after raising the corporate income tax rate. The move comes as some corporate giants threaten to move out of Illinois. Some wonder how far the state should go to keep them.
Doug Whitley, president and CEO of the Illinois Chamber of Commerce, says his members aren't happy with the state's approach towards businesses.
"Big-name, household-name companies that are long-standing Illinois businesses have begun to rattle the cage and say, you know, this isn't the best environment," he says.
Rupert Murdoch's News Corp. announced Wednesday that it has withdrawn its bid for BSkyB, a major U.K. broadcaster. Murdoch is embroiled in a phone hacking scandal involving the tabloid News of the World, which News Corp. shut down last week. Steve Inskeep talks about the announcement with NPR's David Folkenflik in London.
Update at 10:23: Deaths Reported; Unexploded Bomb Found
NDTV reports that at least 10 people have died in three attacks in Mumbai, with more than a dozen taken to the hospital. From NDTV:
One explosion, in a car at a bus stop in Dadar West, has been confirmed. A police officer said there might have been an explosive in a meter box behind a hoarding at Khau gali, a street filled with eateries at Zaveri Bazaar.
The Internet, as you may have noticed, just seems to keep on growing. But not in China — in fact, Chinese officials said that the country had 41 percent fewer sites at the end of 2010 than existed one year earlier — mostly the result of government restrictions.
Worldwide, there were a reported 255 million websites at the end of 2010. That number, drawn from research conducted by Royal Pingdom, reflects a yearly gain of 21.4 million sites.
As the U.S. winds up its space shuttle program, Beijing is shooting for the moon.
Chairman Mao once said China would never be a great nation if it couldn't even shoot a potato into space. But in 2003, it became only the third country to send a man into orbit, and since then it's launched five more astronauts — or "taikonauts" as they've been christened here, showing how China's even trying to leave its own mark on space vocabulary.