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Business news and markets: as it happened - May 21, 2013

Apple has been accused of avoiding $1m in taxes an hour by US politicians as the tech giant's chief executive Tim Cook prepares to face a grilling by Congress over Apple's tax affairs.

Apple: 'We pay every dollar of tax we owe'

Apple's chief executive has launched a staunch defence of the iPhone maker's tax affairs after US politicians accused it of avoiding billions of dollars in payments.

How America became a third world country Mattea Kramer and Jo Comerford for TomDispatch

The politicians who tweeted while America burned are dismantling our society piece by piece with budget cuts

The streets are so much darker now since money for streetlights is rarely available to municipal governments. The national parks began closing down years ago.

Apple tax row: Ireland says its tax regime is not to blame

Deputy prime minister Eamon Gilmore insists any loopholes in international tax rules exploited by Apple were 'issues that arise from other jurisdictions'

Ireland's deputy prime minister Eamon Gilmore has insisted any loopholes in international tax rules exploited by Apple were not the fault

How The Political Fight Over Medicaid Will Widen The Gulf Between Our Healthiest And Sickest States

As the political fight over Obamacare continues, Republican legislators in highly uninsured states have turned their back on Medicaid expansion — despite the fact that expanding the public insurance program could extend coverage to millions of their constituents.

The 404 1,272: Where Tumblr takes the cake (podcast)

Justin's back from a sabbatical harvesting McNuggets and McSalad Shakers, Nintendo takes money from fan, a politician goes to Facebook school, and Yahoo buys Tumblr for $1,1 billion almost exactly five years after CEO David Karp appeared on The 404.

John Kerry to visit Middle East this week to revive peace talks

British foreign secretary William Hague to join the US secretary of state's fourth visit to region in two months

US secretary of state John Kerry arrives in the Holy Land this week on his fourth visit in two months amid deepening scepticism on all sides about his chances of breathing life b

The harsh reality behind Here Comes Honey Boo Boo Rob Lavine

TLC's show seems sympathetic to its characters but, like much reality TV, plays into the idea of a moral divide between classes

Recently, you might have seen the spate of billboard adverts featuring a piglet wearing a tiara, signalling the UK launch of an American TV channel called TLC.

Same-sex marriage could take decades to be legal in every state Harry J Enten

Unless the federal government or supreme court act, southern states will most likely oppose gay marriage for the foreseeable future

The gay marriage movement is racing forward faster than ever, and with a new burst of life.

Opinion: CO2 credits: The ultimate rebate?

The back-and-forth between those writing the fuel economy rules and auto manufacturers is designed to see how far the CO2 regulations can be pushed without inconveniencing the general public.