Posts From King World News

Ted Cruz to star in government shutdown, the sequel

The sequel to Government Shutdown—the 2013 battle that caused the closing of national parks and museums, cost the U.S. economy $20 billion , and tanked the Republican Party’s popularity—is slated for this fall and will feature the same star: Ted Cruz. The Texas senator, now a Republican presidential candidate, is rallying the faithful behind the same strategy as led to a two-week hiatus of government services in October 2013, when

Tax exemption may be key to move of Keurig's coffee buying to Switzerland

The seller of brewing machines and single-serve coffee pods said nothing about a little-known exemption in the U.S. tax code that for many years has benefited Starbucks Corp and other U.S. companies who trade in some commodities. In internal presentations, Keurig said the move was aimed at expanding into the European market and gaining access to Switzerland’s talent pool of coffee traders, one source familiar with the transition told Reuters.