WALL STREET JOURNAL - Latest News - Move to Nevada Proves Very Taxing

WALL STREET JOURNAL - Latest News - Move to Nevada Proves Very Taxing

Scores of wealthy Californians "go Nevadan" each year, relocating to a neighboring state famous for its low taxes. But as one billionaire's experience shows, what looks appealing on paper can prove far messier in real life.

Middle East News Tracker
Updated regularly with news on the Israel-Hezbollah crisis. All times ET.

Earnings, Middle East in Focus
The Dow industrials gained 8.01 points to 10747.36, and investors breathed a sigh of relief as the steep losses suffered by stocks last week ended, helped by a steep drop by oil prices. But jitters about the Mideast conflict remain high.

Mideast Fighting Continues
Mideast fighting showed no sign of abating as evacuations began. Nine were killed in an Israeli air raid on a bridge near Sidon, while a fresh Hezbollah rocket barrage razed an apartment house in Haifa.

GM Board Is Silent on Ghosn Talks
GM's board and Kirk Kerkorian stayed mum on Chairman Rick Wagoner's talks with Renault and Nissan CEO Carlos Ghosn. A top GM executive said the shift away from big discount deals is working, despite a decline in first-half sales.

Brocade's Ex-CEO Could Face Charges
Brocade's ex-CEO was warned by prosecutors that he could face criminal charges related to stock-options-timing practices at the storage-networking company.

Email Scammers Try 'Vishing' for Victims
Savvy con artists are adding a new twist to so-called phishing emails, tricking customers into calling a telephone number and revealing personal information in a scam dubbed "vishing."