- Disney-owned ESPN cutting hundreds of jobs: source
By Liana B. Baker (Reuters) - ESPN, the sports channel that is Walt Disney Co's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a person with knowledge … More »Disney-owned ESPN cutting hundreds of jobs: source
By Liana B. Baker (Reuters) - ESPN, the sports channel that is Walt Disney Co's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a person with knowledge of the cuts said. The job cuts, comprising 4 to 6 percent of ESPN's staff of 7,000, include open positions that will …
- Apple CEO makes no apology for company's tax strategy
By Patrick Temple-West and Kevin Drawbaugh WASHINGTON (Reuters) - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish … More »Apple CEO makes no apology for company's tax strategy
By Patrick Temple-West and Kevin Drawbaugh WASHINGTON (Reuters) - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more. The …
- The Irish loophole behind Apple's low tax bill
By Tom Bergin LONDON (Reuters) - Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries … More »The Irish loophole behind Apple's low tax bill
By Tom Bergin LONDON (Reuters) - Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. A U.S. Senate investigation revealed Tuesday that Apple, maker of iPhones, iPads and Mac …
- Intel CEO shakes up units, creates 'new devices' group
By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp's new chief executive, Brian Krzanich, has launched a sweeping company reorganization and created a unit aimed at growing its market share in mobile … More »Intel CEO shakes up units, creates 'new devices' group
By Noel Randewich SAN FRANCISCO (Reuters) - Intel Corp's new chief executive, Brian Krzanich, has launched a sweeping company reorganization and created a unit aimed at growing its market share in mobile technology. The shakeup, announced internally just days after the 30-year veteran took the helm, places most of the main …
- Ireland rejects blame for Apple's low tax rate
By Conor Humphries and Padraic Halpin CORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the … More »Ireland rejects blame for Apple's low tax rate
By Conor Humphries and Padraic Halpin CORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries. The …
- Kerry visits Oman for arms deal, talks on Syria, Mideast
By Arshad Mohammed MUSCAT (Reuters) - Secretary of State John Kerry flew to Oman on Tuesday for Raytheon Co's signing of an estimated $2.1 billion arms deal and to consult on Syria and Iran, U.S. officials … More »Kerry visits Oman for arms deal, talks on Syria, Mideast
By Arshad Mohammed MUSCAT (Reuters) - Secretary of State John Kerry flew to Oman on Tuesday for Raytheon Co's signing of an estimated $2.1 billion arms deal and to consult on Syria and Iran, U.S. officials said. Oman is expected to sign a letter of intent to purchase a ground-based air defence system that would help protect …
- Mexican tycoon Slim seeks funding details of U.S. protest group
By Elinor Comlay MEXICO CITY (Reuters) - A U.S. cellphone company owned by Carlos Slim has asked Californian authorities to investigate the funding behind protests against the Mexican tycoon by lobby group … More »Mexican tycoon Slim seeks funding details of U.S. protest group
By Elinor Comlay MEXICO CITY (Reuters) - A U.S. cellphone company owned by Carlos Slim has asked Californian authorities to investigate the funding behind protests against the Mexican tycoon by lobby group Two Countries, One Voice. The group has been leading U.S. protests against Slim, accusing his phone company of charging …
- Dow, S&P end at records on Fed officials' reassurance
By Angela Moon NEW YORK (Reuters) - Stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials' comments eased some concerns that the central bank could … More »Dow, S&P end at records on Fed officials' reassurance
By Angela Moon NEW YORK (Reuters) - Stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials' comments eased some concerns that the central bank could start reducing its stimulus program. Dow component Home Depot gave the market a lift after the world's largest home …
- Dimon keeps JPMorgan chairman title after bruising battle
By David Henry TAMPA, Florida (Reuters) - Jamie Dimon, JPMorgan Chase & Co's outspoken chairman and chief executive, won a vote of confidence on Tuesday as shareholders recommended that he keep his chairman … More »Dimon keeps JPMorgan chairman title after bruising battle
By David Henry TAMPA, Florida (Reuters) - Jamie Dimon, JPMorgan Chase & Co's outspoken chairman and chief executive, won a vote of confidence on Tuesday as shareholders recommended that he keep his chairman title, giving him a greater margin of approval than last year. Investors who had pressed for Dimon to be stripped …
- Prosecutors consider using racketeering law against SAC: source
By Emily Flitter NEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according … More »Prosecutors consider using racketeering law against SAC: source
By Emily Flitter NEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Prosecutors may use the Racketeer Influenced and Corrupt Organizations Act, most …
- Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources
By Deepa Seetharaman DETROIT (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" … More »Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources
By Deepa Seetharaman DETROIT (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said. VL Automotive and China's Wanxiang Group are looking …
- Dimon clings to JPMorgan chairman title, after fight
By David Henry TAMPA, Florida (Reuters) - Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co took an unusual step to fight off investors seeking more oversight of his activities - he hinted … More »Dimon clings to JPMorgan chairman title, after fight
By David Henry TAMPA, Florida (Reuters) - Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co took an unusual step to fight off investors seeking more oversight of his activities - he hinted he might quit. And it worked. At the bank's annual meeting on Tuesday, JPMorgan shareholders voted down a proposal to …
- JPMorgan's Dimon to remain chairman after vote: reports
By David Henry TAMPA, Florida (Reuters) - JPMorgan Chase & Co's Jamie Dimon appears headed for a victory in a shareholder vote on whether he will keep his dual roles as chairman and chief executive of … More »JPMorgan's Dimon to remain chairman after vote: reports
By David Henry TAMPA, Florida (Reuters) - JPMorgan Chase & Co's Jamie Dimon appears headed for a victory in a shareholder vote on whether he will keep his dual roles as chairman and chief executive of the largest U.S. bank, according to reports on Tuesday. A bitter, months-long shareholder campaign demanding more oversight …
- Work Life Balance: How to Take Control
Five factors that make the difference between a life of fulfillment and a life filled with regret. More »Work Life Balance: How to Take Control
Five factors that make the difference between a life of fulfillment and a life filled with regret.
- YEC Member Spotlight: Miguel Ramirez, CEO, Soccerly.com
Soccerly.com CEO Miguel Ramirez has some choice words for first-time entrepreneurs: "Use your brain first and then your wallet."
More »YEC Member Spotlight: Miguel Ramirez, CEO, Soccerly.com Soccerly.com CEO Miguel Ramirez has some choice words for first-time entrepreneurs: "Use your brain first and then your wallet."
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