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Makers. Stephanie ruhle is on assignment today. Lets begin with the biggest business story of the day, possibly the week. Medtronic is buying smaller for almost 30n billion is in stock. The issue is taxes. It will move its headquarters to ireland and it could free up almost 14 billion of cash now trapped overseas by u. S. Tax policy and overseas profits. With us this morning is bill george, the former ceo of medtronic who is now a professor of management at the Harvard Business school. Also, Bloomberg Tax policy zach is here. He will ask play in the anderence between this deal what sounds similar but i know is different, what we heard weeks ago from pfizer and astrazeneca. A lot of companies this is about inversion. They are switching their corporate domicile to somewhere outside the u. S. Like ireland are doing it to lower their tax rate. 35 , thetax rate is highest among t ....
Ford builds 23,000 vehicles a day; lamborghini builds 11, each purchased a year in advance, each unique. It is very beautiful and it is completely impractical. Yes. Pelley tonight, 60 minutes celebrates 50 years of italys super car, the lamborghini. Stahl Cate Blanchett is a won the Academy Award for best actress for her role in blue jasmine, about a park avenue socialite married to a con man. You know, someday, when you come into great wealth, you must remember to be generous. Stahl she has played a queen, an elf, an albino, and a man. I guess ive got one of those faces thats not particularly beautiful, not too ugly, you know. I can look. Stahl come on. A bit masculine, i can look a bit feminine, depending on how youre lit, how youre shot. Im steve kroft. Im lesley stahl. Im morley safer. Im bob simon. Im scott pelley. Those stories tonight on 60 minutes. Cbs money watch upda ....
Ford builds 23,000 vehicles a day; lamborghini builds 11, each purchased a year in advance, each unique. It is very beautiful and it is completely impractical. Yes. Pelley tonight, 60 minutes celebrates 50 years of italys super car, the lamborghini. Stahl Cate Blanchett is a won the Academy Award for best actress for her role in blue jasmine, about a park avenue socialite married to a con man. You know, someday, when you come into great wealth, you must remember to be generous. Stahl she has played a queen, an elf, an albino, and a man. I guess ive got one of those faces thats not particularly beautiful, not too ugly, you know. I can look. Stahl come on. A bit masculine, i can look a bit feminine, depending on how youre lit, how youre shot. Im steve kroft. Im lesley stahl. Im morley safer. Im bob simon. Im scott pelley. Those stories tonight on 60 minutes. Cbs money watch upda ....
Cars are swerving there to avoid that. Crews have been installing on the bay bridge the largest light sculpture. Our reporter is live in San Francisco with a look at the first segment of the project. A lot of you watching this are just starting the day. They are up there wrapping their day up working all night, installing the first of 25,000 l. E. D. Lights with upclose access to their work overnight. Look at this. The team on the project says it will be the largest light sculpture. It will be almost two miles wide and 500 high honoring the 75th anniversary of the bridge. A lot of thought has gone into the details. Intelligent lighting. Each can be controlled individually with a lost accuracy. That is what is unique. That involves a big network and data and things that most people do not want to be aware of. The land is to finish the construction in february and you will see the finished product on the western span of the year. It ....