Former Treasury Secretary Lawrence Summers called for a "comprehensive'' overhaul of U.S. corporate taxes to counter slowing revenue from business levies, Bloomberg News reported Tuesday.
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IBM Corp. saved about $1.6 billion last month by using a corporate tax loophole that has since been closed, The Wall Street Journal reported in its online edition Wednesday.
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New scientific research may close a major loophole in the RNA world hypothesis, the idea that ribonucleic acid -- not the fabled DNA that makes up genes in people and other animals -- was the key to life's emergence on Earth 4.6 billion years ago.
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