Staunton, Ill., Mayor Craig Neuhaus (left) checks out the town’s new water plant with Hank Fey, a public works director.
In the small town of Staunton, Ill., the new $9 million water plant is a welcome addition. After all, when the 80-year-old facility it replaces seized up last year, the community’s 5,000 residents were without water for five days.
Apple was criticized in a Senate committee hearing Tuesday for using complex accounting to minimize the corporate taxes it pays. One key piece of the company's tax strategy: It funnels lots of its profits through subsidiaries in Ireland.
Offering low corporate tax rates has been a fundamental part of Ireland's economic strategy for decades — a way to get foreign companies to set up operations in the country.
Fort Collins city council members decided late Tuesday night to allow the sole oil and gas operator, Prospect Energy LLC, to continue operating inside city limits despite a recently passed ban on hydraulic fracturing.