In Tax Overhaul Debate, Large vs. Small Companies
May 24, 2013 | New York Times
In America’s contentious tax reform debate, it is seen as C-Suite versus Main Street. Some of the biggest and most powerful companies in the United States are fighting for a cut in the official corporate tax rate, arguing that it is necessary to allow them to compete more effectively in the global market. But the nation’s millions of small businesses fear they will be the ones paying for it.
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The Corrosive Effect of Apple’s Tax Avoidance
The Call for an Expanded Audit of Maryland’s Education Spending
May 24, 2013 | Baltimore Sun
State Representative Andy Harris says he will request an expanded review of the Maryland Department of Education's use of federal funds after an audit found that the state may have to return up to $540,000 in misspent stimulus dollars and money designated for poor children. "What it uncovered is a pattern of waste, fraud and abuse of federal tax dollars," Harris said of the audit.
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Small Business Driving Denver Economic Rebound
May 24, 2013 | Denver Post
Denver's economy continues to gain traction, with some of the strongest population, employment and home-price gains in the country, said Jeff Romine, chief economist with the Denver Office of Economic Development. "Denver is the fastest-growing county in Colorado. It is really the place to be if you are starting a business," said Romine, speaking at the city's Small Biz Expo
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The Push on Corporate Tax Rules goes Global
May 23, 2013 | Washington Post
A global effort to tighten corporate tax rules is gaining momentum as politicians in Europe and the United States take aim at American tech giants whose savvy use of international tax laws has provoked a public backlash. A day after a U.S. Senate report slammed Apple’s use of Irish regulations to minimize payments to the U.S. European heads of state said they hoped for quick action from an international effort to change rules that let companies shelter profits.
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Tesla Motors Fully Repays $465 Million Federal Loan Nine Years Early
May 23, 2013 | San Jose Mercury News
In a boost for the Obama Administration and controversial federal cleantech programs, electric vehicle maker Tesla Motors (TSLA) announced Wednesday it paid back its $465 million government loan nine years early. The U.S. Department of Energy oversees $34 billion in taxpayer-funded loans for 33 clean energy projects, and Tesla is the first American car company to pay back its loan.
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The Terrifying Rise of the Political Entrepreneur
May 24, 2013 | Washington Post
How a corporate stooge actually performed, or whether or not they produced value, was of little importance. They only had to be good at crafting an appealing image. This is what made entrepreneurs a different breed from the people who made their bones climbing the corporate ladder. Entrepreneurs were judged strictly by their bottom line results.
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Silicon Valley Area Is Now a Factory Town
May 24, 2013 | Louisville Courier Journal/AP
Welcome to Fremont, California, a nondescript suburb of 217,000 tucked in the high-tech region between San Francisco and Silicon Valley where something unique is happening: manufacturing.
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TiE's Vish Mishra Embodies the Secret of Silicon Valley
May 24, 2013 | San Jose Mercury News
I've always struggled to explain to people just what it is that makes Silicon Valley tick. Then the other day, I found it, or him, sitting at a round table with a white tablecloth in an upstairs conference room at the Santa Clara Convention Center. Vish Mishra.
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Engineers See a Path Out of Green Card Limbo
May 23, 2013 | New York Times
Sanket Sant, a citizen of India, came to the United States at age 21, earning a master’s degree in engineering, followed by a doctorate and then landing a well-paying job at a company making semiconductor equipment. Then, he waited for the American government to decide if he could stay. Now, though, Congress is poised to end the uncertainty.
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Texas Venture Capital Market “Weak,” But Still Shows Promise
May 23, 2013 | Xconomy
Xconomy: How would you describe the Texas VC market right now? Blair Garrou: Really weak. Weakest it’s been since the early ’90s. In the mid-’90s, we saw the rise of companies in Austin, semiconductors, software was big. We had successful funds like Austin Ventures and, because of that, Austin was the third city. You had the Valley and San Francisco, Boston, and Austin.
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Donald Trump Jumps into Crowdfunding
May 24, 2013 | Washington Post
Donald Trump recently announced his foray into crowdfunding with the launch of his own crowdfunding platform, FundAnything, with partner Bill Zanker, founder of adult education company The Learning Annex. FundAnything lets people create a campaign for any amount of money, collecting small contributions from large numbers of donors. Entrepreneurs may offer non-financial rewards in exchange for donations, but are not required to do so.
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Rochester Evolves as Solar Energy Hub
May 24, 2013 | Rochester Democrat & Chronicle
Considering it’s one of America’s cloudiest cities, it might surprise some to think of Rochester as a rising star in solar technology. But sunshine isn’t necessary to develop the tools to collect and store the power of the sun. You need what Rochester has in abundance — technical know-how, ties to the latest research and the right facilities to test and make solar cells and batteries. Things are moving quickly in Rochester’s solar arena:
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Immigration Push a Bonanza for Lobbyists
May 23, 2013 | The Hill
The sweeping immigration overhaul moving through Congress is creating a bonanza for lobbyists. While the U.S. Chamber of Commerce, the AFL-CIO and Silicon Valley companies are making the most noise on immigration reform, a grab bag of other groups and companies are working under the radar to shape the bill. Roughly 500 companies, trade groups and unions, among others, lobbied on immigration this past quarter,
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Oklahoma as a Tech Mecca? It Could Happen
May 23, 2013 | The Oklahoman
Danny Maloney, an entrepreneur who founded and leads PinLeague in Oklahoma City, predicts that over the next decade more tech markets will emerge, and Oklahoma City should be one of them.
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U.S. Industry Touts 'Drone' Promise as Public Debate Flares
May 23, 2013 | Reuters
Public backlash against deadly overseas drone strikes may undermine promising uses of such technology for anything from disaster response to mail delivery, a top U.S. industry group said as it launched a lobbying effort to "demystify" unmanned planes.
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