Saturday, December 22, 2012

Top Executives End Opposition to Higher Taxes

A broad swath of the nation’s leading chief executives dropped its opposition to tax increases on the wealthiest Americans on Tuesday, while the White House quietly pressed Wall Street titans for their support as well.

Before Tuesday’s about-face, the Business Roundtable had insisted that the White House extend Bush-era tax cuts to taxpayers of all income brackets, but the executives’ resistance crumbled as pressure builds to find a compromise for the fiscal impasse in Washington before the end of the year.
“We recognize that part of the solution has to be tax increases,” David M. Cote, chief executive of Honeywell, said on a conference call with reporters. “That’s the only thing that allows a reasonable compromise to be reached.”
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Pioneering breast cancer treatment freezes tumours into a ball of ice which kills harmful tissue

Surgery may soon be a thing of the past for breast cancer patients, thanks to a new technique that destroys tumours by freezing them.

A supercooled needle tip is repeatedly inserted into the cancerous tissue to turn it into a ball of ice, before it is then defrosted, leaving the tumour damaged.

Not requiring anaesthetic, the technique can be completed in about 15 minutes and could provide a better alternative to the current method of surgery, which requires women to stay in hospital for up to a week and can leave scars.

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