GE Tax Strategies Have Them Avoiding To Pay Uncle Sam
As we all prepare to file our taxes and possibly write our checks to the IRS, one major U.S. company is avoiding taxes altogether.
Watch CBS News
As we all prepare to file our taxes and possibly write our checks to the IRS, one major U.S. company is avoiding taxes altogether.
The financial woes keep piling on for the Mets. According to the New York Times, the franchise lost nearly $50 million in 2010, and this year's losses may look similar.
Talk about irony. New York Times theater critic Mel Gussow, the man who wrote Taylor's detailed obit that appeared on paper's Website today, died in 2005.
Major League Baseball "will not make another major loan" to the cash-strapped owners of the Mets, according to the New York Times. That's not good news for a team reportedly trying to secure a second loan to offset operating expenses.
Rich will join the magazine starting in June, NYMag.com reports. Rich will be editor-at-large, write monthly essays and more.
How much will technology affect language?
Rudolph Resta -- now in his 70's -- is enjoying the memories the wallet contained, including photos of his sons as children, his glamorous wife and his late father.
In his first in-depth interview since his arrest in December 2008, convicted financier Bernard Madoff asserted some banks were "complicit" in his massive Ponzi scheme.
Bernard Madoff's blockbuster interview contains some fascinating information about the massive Madoff fraud and whether or not others knew about it. Some of his comments might cut both ways with respect to the Mets' owners.
Bernard Madoff said in an interview published online Tuesday that Mets owners Fred Wilpon and Saul Katz "knew nothing" about his scheme to fleece victims out of billions of dollars.
The Mets continue to feed Boomer & Carton with plenty of material, and believe us, there's no shortage of Amazin' talk this Wednesday morning.
Disgraced Wall Street financier Bernard Madoff has told a newspaper that banks and hedge funds were "complicit" in his scheme to fleece victims out of billions of dollars.
Donald Trump said Wednesday he wants to help Mets owner Fred Wilpon whoiis under pressure from a lawsuit from the trustee trying to recover money for the victims of the Bernard Madoff swindle.
A person with knowledge of the decision says the NBA has fined the New York Knicks $200,000 for conducting illegal draft workouts.
Did you hear the interview with the New York Times' Alison Leigh Cowan?
Did you hear the interview with New York Times "On Language" writer Ben Zimmer?
We've all gotten those texts or emails that leave you scratching your head in wonder. We have smartphones that may be too smart.
Did you hear the chat with New York Times "On Language" writer Ben Zimmer?
Why does it seem that people love it when New York City gets snubbed?
New York City Ballet dancer Jenifer Ringer says a New York Times critic needn't apologize for calling her plump in a performance of the Nutcracker.
The New York Times Co. said Tuesday the expected decline in print advertising would still be an improvement from the third quarter, when print ad sales slid 6 percent.
Did you hear the interview with New York Times "On Language" writer Ben Zimmer?
Baseball agent Scott Boras' company supplied tens of thousands of dollars in loans and payments to the families of needy prospects in the Dominican Republic, The New York Times reported Tuesday.
Yankees GM Brian Cashman has told Jorge Posada that he will be the Bombers' DH next season, reports the Post. In a separate account, Times has reported that Posada will undergo surgery Wednesday.
Did you hear the chat with New York Times "On Language" writer Ben Zimmer?
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The FBI and sheriff's department have been investigating the disappearance of Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, for nearly two weeks.
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
Valentine's Day will be mild in the New York City area, but snow may be on the way to end the weekend.
There's a new ride-share app in New York City promising lower prices than the competition, but city officials say it's illegal.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
Valentine's Day will be mild in the New York City area, but snow may be on the way to end the weekend.
There's a new ride-share app in New York City promising lower prices than the competition, but city officials say it's illegal.
Poland has been getting quite a lot of attention at the Olympics because of its unofficial mascot: a pierogi plush pillow.
Dozens of young runaways were found during a three-day missing child rescue operation in Westchester County this week, officials say.
Valentine's Day will be mild in the New York City area, but snow may be on the way to end the weekend.
New Yorkers felt much better on Tuesday as a warm front moved toward the region. But, snow and ice could make for a potentially dangerous evening.
A Cold Weather Advisory is in place through 10 a.m. on Monday for the entire Tri-State Area. As a result, a First Alert Weather Day will be in play for at least part of the day.
A Connecticut man was arrested after allegedly driving drunk in the Bronx and hitting pedestrians on a sidewalk Friday.
Parts of New York and Connecticut could see snow Friday into Saturday. A First Alert Weather Day is in effect for the weekend due to dangerously cold temperatures.
Valentine's Day will be mild in the New York City area, but snow may be on the way to end the weekend.
A Palestinian woman who had been living and working in Paterson, New Jersey, suffered a seizure while in ICE custody in Texas, her legal team says.
Gov. Mikie Sherrill said officials expected the Trump administration to release more than $200 million in frozen funds by Friday, but they did not.
Video from a New Jersey police department's drone helped officers rescue a missing child in dense woods amid severely cold weather.
A New Jersey jury found Paul Caneiro guilty of murdering his brother and his brother's family before setting their house on fire.
Potholes are causing even more crashes on an already dangerous stretch of New York 25 on Long Island, officials say.
Hicksville is New York's first school district to ban e-bikes after alarming statistics revealed at least 12 people, mostly young Long Islanders, died on them in the past three years.
It has been a brutal viral season, but as RSV cases surged in New York, Northwell Health doctors say infant hospitalizations remained down, thanks to a fairly new vaccine.
Nassau County Executive Bruce Blakeman accepted the Republican Party's nomination for New York governor on Wednesday at the GOP convention in Garden City.
An arrest has been made in the 2021 acid attack on Long Island college student Nafiah Ikram. Prosecutors said Terell Campbell had numerous incriminating and shocking web searches and rapped about burning someone with acid.
It's the second time in as many weeks that government funding has lapsed as Democrats and the White House remain at an impasse over immigration enforcement policies.
The mayor announced the plan to redesign Fordham Road was back on during a comically tight press conference aboard an MTA bus.
Gov. Mikie Sherrill said officials expected the Trump administration to release more than $200 million in frozen funds by Friday, but they did not.
President Trump pardoned five former NFL players - one posthumously - for crimes ranging from perjury to drug trafficking.
Kathryn Ruemmler served as White House counsel under former President Barack Obama.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
New York City Department of Environmental Protection said there was a "significant reduction in water usage" throughout the Big Apple during his show. That changed as soon as his performance ended.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
Puerto Rican superstar Bad Bunny, born Benito Antonio Martínez Ocasio, is one of the most-streamed artists on the planet.
The short-handed Indiana Pacers beat the Brooklyn Nets 115-110 on Wednesday night.
Jose Alvarado scored a season-high 26 points and Mikal Bridges added 22 points as the New York Knicks beat the Philadelphia 76ers 138-89 Wednesday night.
Pascal Siakam scored 30 points and the Pacers snapped a four-game losing streak by holding off the Knicks with a 137-134 overtime victory on Tuesday night.
Nic Claxton scored 28 points and had 10 rebounds to lead the Nets to a 123-113 win over the Bulls on Monday night.
Zuby Ejiofor scored six of his 25 points in overtime and No. 17 St. John's outlasted pesky Xavier 87-82 on Monday night at Madison Square Garden.
A Brooklyn community is fighting to turn a forgotten landmark into a heritage center.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
After their building managers were arrested on fraud charges, tenants in Queens say their apartments were left in chaos.
Harlem's Schomburg Center for Research in Black Culture centennial anniversary began last year, and 2026 marks 100 years since the library became owner of its namesake's personal collection, making it a full-fledged research center.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Police said the shooting happened just before 2 a.m. on Home Street in the Bronx.
Law enforcement ramped up activity at a location about two miles from Nancy Guthrie's home. CBS News' Cristian Benavides reports.
John Elliott has the Tri-State Area's updated First Alert Forecast on CBS News New York.
Thousands of nurses at two New York City hospital systems are back on the job after striking for an entire month. CBS News New York's John Dias reports.
CBS News New York's Lonnie Quinn has your First Alert Forecast for February 13 at 11 p.m.