Raleigh Telegram

SPECIAL SECTION

SMALL BUSINESS LAW CHANGES PROPOSED:

Provision In Banking Reform Bill Would Kill Angel Investing In Startups

WASHINGTON DC - A little known provision in the proposed reform bill would eliminate around two thirds of qualified angel investors and would keep businesses from using angel funds for four months, effectively killing investment in new startups. External link to Portfolio Magazine.

New Law In 2012 Requires You To Send 1099’s To McDonald’s, Best Buy, Etc.

WASHINGTON DC - Starting in 2012, in an effort to record cash transactions by the IRS, a small tax code change buried deep in the health care bill means that you will have to send 1099’s to everyone that you spend $600 with in one year, from someone who sells you a used car to McDonald’s to parking garages or even gas stations. External link to CNN Money.

Under Immigration Bill, Americans Would Be Fingerprinted, Forced To Get National ID Card

WASHINGTON DC - Under a new immigration bill proposal, all Americans would be forced to submit their fingerprints, show a national ID card and get approval from the IRS to get a job, and employers would have to buy a national ID card reader. Link to The Hill.

Federal VAT Tax Would Add Taxes To Wholesale, Production Firms

WASHINGTON DC - The proposed VAT would require companies that normally don’t have to collect or report sales tax to increase the amount of paperwork that they have to file and would add to the cost of every product. External link to opinion column in CBS MarketWatch.

REGULAR NEWS COVERAGE

Durham Police Investigate Shooting At Duke Hospital

RALEIGH - Raleigh artist Joe Carnevale has just unveiled an unusual new sculpture using street signs to create a warrior wielding a sword in the Cameron Village Shopping Center.

Fowler Asked To Step Down As NCSU Athletic Director

RALEIGH - North Carolina State University announced that Athletics Director Lee Fowler will step down effective June 30th after serving for over a decade.

Durham Police Chief’s Car Shot Up During Running Gun Battle

DURHAM - The Durham Police Department is looking for the suspects who shot up the police chief’s car during a running gun battle between two cars in downtown Durham last week.

Food Review: Raleigh’s Bada Bing Pizza Is A Tasty Delight

RALEIGH - There seem to be plenty of pizza places and new spots opening to offer late night eats in Raleigh, but one of the best for a greasy tasty delight is the new Bada Bing Pizza restaurant on Glenwood Avenue in downtown Raleigh.

Raleigh Press Club Hosts Pulitzer Prize Winning LA Times Newspaper Reporter

RALEIGH - The Triangle Press Club recently featured Pulitzer Prize-winning Los Angeles Times reporter David Zucchino as their special guest during their April meeting in Raleigh.

Sheriff: Violent Burglar Breaks Into House Twice, Shot And Killed

LOUISBURG, NC - According to various sources, a convicted criminal with a violent past who had been charged with breaking into a man’s house once before was shot and killed when he tried to burglarize the house a second time.

Film About NC’s Pea Island Life Savers Will Screen At History Museum

RALEIGH - This Friday night, North Carolina filmmaker Allan Smith will be screening his new documentary film at the NC Museum of History about the Pea Island life savers in the 1800’s, some of whom were former slaves.

Best-Selling Cupcake Authors Visit The Triangle On Book Tour

APEX - Two New York Times best-selling authors who have turned decorating cupcakes into an art form recently visited the Triangle as part of a book tour, as they demonstrated how to make the most of out of cupcakes.

Apple Releases New iToilet Device At COMmode 2010

CUPERTINO - In his column this week, Raleigh Telegram humor columnist James Culpepper talks about the unveiling of the new Apple iToilet.

Pat’s Sports Update: NCSU, Bobcats, UNC Football News, And More

RALEIGH - Aside from one major defection from NCSU’s basketball team and a small development at UNC that will affect both baseball and football not much happened locally in college sports this past week. There were some pretty big things in professional sporting landscaping in our great state though.

Opinion: The Lumbee Tribe Signs Questionable Deal

LUMBERTON - D.G. Martin talks about the Lumbee Tribal Council’s recent decision to put their tribe’s future in the hands of a lobbying firm as they continue to seek federal recognition.

Politics Video: This Week On NCSpin TV

RALEIGH - This week on NCSpin, our panel of political experts discuss political news and more from across North Carolina.

External Links: News From The Web

Students March On Downtown Raleigh After Party Shut Down

RALEIGH - Hundreds of students marched on downtown Raleigh after their rave was shut down on Hillsborough Street. External link to News 14.

Supreme Court Justices Upset At Closing Of Front Door To Court

WASHINGTON DC - Supreme Court justices are upset that security measures have been taken that eliminate the front entrance to he Supreme Court building. External link to Raleigh Public Record. External link to Fox News.

Famed Detroit Baseball Announcer Mourned In Michigan

DETROIT - The Voice of Summer, famed Detroit Tigers announcer Ernie Harwell, passed away at the age of 92 after being on the air for over 55 years. External link to Detroit Free Press.

10 Things You Didn’t Know Google Maps Could Do

SILICON VALLEY - Three deputies are facing charges of embezzlement and drug possession. External link to LifeHacker.

How To Build A Time Machine By Stephen Hawking

GREAT BRITAIN - Scientist Stephen J. Hawking says that we may not be able to go backwards in time, but that we may be able to go forwards in time if we can go fast enough. External link to London Daily Mail.

Worst Case Scenario: Earth Would Become Too Hot For Humans

EARTH - In a worst case scenario under global warming predictions, in a 100 years or so, planet earth could become too hot for humans in many places. External link to Yahoo News.

Teen On Baseball Field Tasered By Philly Police

PHILADELPHIA - Some are questioning if the tasering of a 17 year old teen on the field during a Phillies game was necessary. External link to Philly Inquirer.

Applachian State Press Release Misleading, Says Los Angeles Times

BOONE- The Los Angeles Times says that a press release issued by Appalachian State University regarding cannibalism in the doomed Donner Party was misleading at best. External link to LA Times.

FDA Warns Not To Use Children’s Tylenol

PENNSYLVANIA - Johnson & Johnson, which bills itself as a family company, is being criticized by the FDA for bacteria in its Children’s Tylenol products and gave the stern warning that “consumers should not use these products.” External link to Reuters.

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