Marketplace AM for April 30, 2007
Posted In: Wall Street
Sam Zell has found quite a tax haven for his Tribune Company purchase. He's taking advantage of an unintentional loophole in an 11-year-old minimum wage bill that will allow the post-buyout Tribune to pay zero income tax. Zilch. Nada. Allan Sloan explains.
Co-founders Larry Flax and Rick Rosenfield are still leading California Pizza Kitchen side-by-side. Kai Ryssdal split a pizza with them recently and asked about their unusual working relationship.
Posted In: Canada, Washington
E.U. leaders are in Washington today to talk about global warming, but White House opposition has been so staunch that they're holding their breath — for now. They may be more vocal in front of a G8 forum, Sam Eaton reports.