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August 6, 2014
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Corporate America is about to get a lot more international. Lawmakers in Washington, D.C., are warning that big U.S. companies like Walgreens could begin fleeing overseas in droves to avoid paying taxes, according to The Washington Post. The tactic, known as "tax inversion," could cost the economy $20 billion in tax revenue over the next decade, says Congress' Joint Committee on Taxation.

Here's how it works: an American company buys a smaller foreign company, usually from Europe, where corporate tax rates are lower. The headquarters are technically moved to Europe and presto — the company no longer has to pay U.S. taxes on foreign profits that would normally have to be repatriated. The scheme has become much more popular, putting pressure on other U.S. companies to consider changing their address.

Washington dysfunction is partly to blame. Members of both parties, including President Obama, agree that the U.S. corporate tax rate — which at 35 percent is one of the highest in the industrialized world — should be lowered. But a big deal to reform the tax code is far beyond Congress' abilities. Instead, Democrats are proposing bills to limit inversions, which not-so-coincidentally makes for good politics as we head toward the 2014 midterms. Ryu Spaeth

May 27, 2016

A Home Depot employee in Staten Island, N.Y., sparked death threats by wearing an "America Was Never Great" hat to work, The New York Times reports. Krystal Lake, 22, says she wore the hat after several co-workers wore pro–Donald Trump pins. "The point of the hat was to say that America needs change and improvement," Lake said. A company spokesman said Lake has been told never to wear the hat again. The Week Staff

May 27, 2016

After much back and forth, Donald Trump released a statement Friday saying definitively that he would not engage Sen. Bernie Sanders in a debate. The two camps had traded comments in the media after Trump said on Wednesday night's Jimmy Kimmel Live show that he'd debate the Democratic candidate, and Sanders agreed. There had been discussions of doing the debate for charity before Trump put the kibosh on the whole thing, as only Trump can:

Sad! Kimberly Alters

May 27, 2016
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The CEO of a New York-based technology investment company has offered to put forward $10 million to charity if Donald Trump will debate Bernie Sanders.

Trump has flip-flopped on his promise to debate Sanders, although he eventually said during a Thursday speech that he would do so only if someone paid $10 million to a "women's health charity." Sanders has also appeared to be up for a debate, asking for the matchup to take place in the largest stadium possible.

Traction and Scale CEO Richie Heckler told BuzzFeed News that his company would be willing to put forward the money if they were given the opportunity to host the debate. Heckler, who supported a Michael Bloomberg candidacy, aims to hold the event on June 6, the day before the California primary, and in the largest venue in California that can be secured. Heckler said "the format we're going to use will be different," and that the debate would be "a very powerful change to the process."

It would certainly be unusual, anyway — neither Trump nor Sanders have been officially nominated by their respective parties. In fact, Sanders looks more than likely to lose in July to Hillary Clinton, who has so far turned down his requests for another Democratic debate. Jeva Lange

May 27, 2016

Though Dr. Henry Heimlich developed his life-saving maneuver way back in 1974, it wasn't until this week that he actually put it to the test in an emergency. On Monday evening at his retirement home in Cincinnati, the 96-year-old retired chest surgeon saved someone who was choking with his namesake treatment for what he says is the first time ever.

During dinner, Heimlich noticed fellow resident Patty Ris, 87, suddenly begin to choke on a piece of hamburger. While staff rushed over to help her, it was Heimlich who ultimately stepped in to help. "I did the Heimlich Maneuver — of course,” Heimlich told The Guardian. “She was going to die if she wasn't treated. I did it, and a piece of food with some bone in it flew out of her mouth."

Ris joined the ranks of the tens of thousands of lives, including former President Ronald Reagan, that have been saved in the U.S. thanks to Dr. Heimlich's maneuver. "When I used it, and she recovered quickly," Heimlich said, "it made me appreciate how wonderful it has been to be able to save all those lives." Becca Stanek

May 27, 2016
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Customers in a Didsbury, England, coffee shop began to "freak out" after they heard shouting and "gunshot-like bangs," prompting one man to dive head-first out a window to escape, Metro reports. The Costa Coffee patrons believed they were experiencing a terrorist attack — although the sounds turned out to be noisy school children banging their trays downstairs.

"It sounded like shots were being fired. It was not just me who thought that," one woman who asked not to be named by The Manchester Evening News said. "Other people were running around trying to get out on to the balcony but the door was locked. I think that's why the man went for one of the front windows. When I looked round I could only see his feet hanging from the window. He was climbing out head first. To be honest I wasn't surprised by his reaction because we all thought an attack was happening. It sounded like there was a shooting downstairs. I was expecting people wearing balaclavas and carrying guns to come upstairs."

The man who jumped out the window may have broken his arm, and was taken to the hospital. Costa Coffee wishes him a speedy recovery. Jeva Lange

May 27, 2016
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"There are a number of things in life that can calm down just about anybody; burning wood fires, and hanging out in hot tubs are chief among them," says J.D. Digiovanni at HiConsumption.com.

The Soak outdoor wood-fired hot tub ($4,450), created by a Canadian design and fabrication firm, combines both pleasures. Made from marine-grade aluminum, stainless steel, and red cedar, this tub for two heats up via a wood fire or propane. The tub's Bauhaus-inspired modernist lines aren't what you expect from a wood-fired tub, but the look is "a great fit for almost any backyard." The Week Staff

May 27, 2016
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Verizon reached a deal Friday with two labor unions representing 39,000 employees, Secretary of Labor Thomas E. Perez has announced. The four-year agreement is now being put into writing, and the employees are expected to go back to work next week.

The deal puts an end to six weeks of strikes over pay and pension cuts. Between 35,000 and 39,000 Verizon employees walked off their jobs in April, making it the largest strike in U.S. history.

"This tentative resolution is a testament to the power of collective bargaining. I commend the leadership of Verizon, CWA, and IBEW for their commitment to resolving these difficult issues in the spirit of constructive engagement. I expect that workers will be back on the job next week,” Perez said in a statement. Jeva Lange

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