Reuters America Inc. (RAM) is cooling its heels in a three-year-old tax-law dispute with the State of Texas. Last month, a Texas court denied RAM's bid for a sales-tax exemption despite the fact that the state exempts newspapers from such taxation. Reuters -- which has challenged the law on constitutional grounds -- has since filed a motion seeking a re-hearing on the issue.
At press time, the Third District Court of Texas had yet to act on RAM's motion. According to a clerk for the court, th
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails