The I.R.S. says that Bristol Myers Squibb, America’s second-largest drug company, has engaged a tax-shelter setup that has deprived the United States of $1.4 billion in tax revenue.The Biden administration is looking to put an end to such practices to pay for its policy ambitions, including infrastructure like improving roads and bridges and revitalizing cities.We look at the structure of these tax arrangements and explore how, and whether, it’s possible to clamp down on them. Guest: Jesse Drucker, an investigative reporter on the Business desk for The New York Times.Sign up here to get The Daily in your inbox each morning. And for an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Background reading: The I.R.S. says that Bristol Myers Squibb used an “abusive” offshore setup to avoid $1.4 billion in federal taxes.In a speech to the Chicago Council on Global Affairs, Treasury Secretary Janet Yellen made the case for a global minimum corporate tax rate, kicking off the Biden administration’s effort to help raise revenue in the United States. For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
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2599 Folgen
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Folge vom 07.04.2021Targeting Overseas Tax Shelters
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Folge vom 06.04.2021A Vast Web of VengeanceHow one woman with a grudge was able to slander an entire family online, while the sites she used avoided blame.Sign up here to get The Daily in your inbox each morning. And for an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.
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Folge vom 05.04.2021A Military That Murders Its Own PeopleTwo months ago, Myanmar’s military carried out a coup, deposing the country’s elected civilian leader, Aung San Suu Kyi, and closing the curtains on a five-year experiment with democracy. Since then, the Burmese people have expressed their discontent through protest and mass civil disobedience. The military has responded with brutal violence. We look at the crackdown and how Myanmar’s unique military culture encourages officers to see civilians as the enemy. Guest: Hannah Beech, the Southeast Asia bureau chief for The New York Times. Sign up here to get The Daily in your inbox each morning. And for an exclusive look at how the biggest stories on our show come together, subscribe to our newsletter. Background reading: Four officers speak about life in the Tatmadaw, Myanmar’s feared army, which has turned its guns on civilians again. “The Tatmadaw is the only world” for most soldiers, one said.Myanmar’s security forces have killed more than 40 children since February. Here is the story of one, Aye Myat Thu. She was 10.As the nation’s military kills, assaults and terrorizes unarmed civilians each day, some protesters say there is no choice but to fight the army on its own terms.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.
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Folge vom 04.04.2021The Sunday Read: ‘The Beauty of 78.5 Million Followers’During the pandemic, cheerleader-ish girls performing slithery hip-hop dances to rap music on TikTok has been the height of entertainment — enjoyed both genuinely and for laughs.Addison Rae, one such TikToker, is the second-most-popular human being on the platform, having amassed a following larger than the population of the United Kingdom.In seeking to monetize this popularity, she has followed a path forged by many social media stars and A-list celebrities like Rihanna and Kylie Jenner: She has started her own beauty brand.On today’s Sunday Read, a look at how beauty has entered a phase of total pop-culture domination and how influencers are changing the way the sell works by mining the intimate relationships they have with their fans.This story was written by Vanessa Grigoriadis and recorded by Audm. To hear more audio stories from publishers like The New York Times, download Audm for iPhone or Android. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.