Alaska currently has no income or state sales tax. Technology has made it easier for individuals and businesses to move to states--or countries--with lower tax rates, says Joe Henchman, vice president of legal and state projects for the Tax Foundation, a policy research organization based in Washington, D.C. "Everybody is under the gun to be more competitive, whether it's government or the private sector," he says.
Sears Holdings Corp. is using everything in its arsenal to stay afloat, but that still won’t be enough if the company can’t make its brand more relevant and generate sales, experts say. Last week, Sears (SHLD) announced it had sold its Craftsman tool brand for $900 million to Stanley Black & Decker Inc. (SWK), the latest move in an effort to keep the business going. The sale came after Sears announced a new credit facility with funds run by Chief Executive Eddie Lampert of up to $500 million, secured by mortgages on 46 real estate properties.
It's somewhat unusual to look to the technology sector for dividends and value, but Apple is no ordinary company. Apple's hoard of cash and securities has swollen to $67.3 billion. Apple might never achieve the growth rates it enjoyed when the iPhone was first ascendant.