Apple CEO makes no apology for company's tax strategyBy 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 …
Disney-owned ESPN cutting hundreds of jobs: sourceBy 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 …
The Irish loophole behind Apple's low tax billBy 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 …
Ford adds production in North America to meet new car demandBy Deepa Seetharaman DETROIT (Reuters) - Ford Motor Co is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. … More »Ford adds production in North America to meet new car demand
By Deepa Seetharaman DETROIT (Reuters) - Ford Motor Co is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share. The second-largest U.S. automaker said on Wednesday that those factories will be idled for just one week this …
Mercedes dealer review opens home front in luxury warBy Christiaan Hetzner FRANKFURT (Reuters) - How many Mercedes staff does it take to sell a car? The answer, in the luxury carmaker's German showrooms, is more than it takes to shift an Audi - just part … More »Mercedes dealer review opens home front in luxury war
By Christiaan Hetzner FRANKFURT (Reuters) - How many Mercedes staff does it take to sell a car? The answer, in the luxury carmaker's German showrooms, is more than it takes to shift an Audi - just part of the cost gap Daimler wants to close with its premium rivals. Among the top three, Mercedes depends on its unprofitable …
Intel CEO shakes up units, creates 'new devices' groupBy 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 …
Kerry visits Oman for arms deal, talks on Syria, MideastBy 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 …
EU leaders shine spotlight on Amazon, Google over tax policyBy Luke Baker BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the estimated … More »EU leaders shine spotlight on Amazon, Google over tax policy
By Luke Baker BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the estimated 1 trillion euros a year the EU loses to tax evasion or avoidance. The four-hour summit was originally called to discuss …
Ireland rejects blame for Apple's low tax rateBy 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 …
Toll Brothers profit rises 46 percent(Reuters) - Toll Brothers Inc posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices, indicating that the housing recovery is spreading across … More »Toll Brothers profit rises 46 percent
(Reuters) - Toll Brothers Inc posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices, indicating that the housing recovery is spreading across the industry. Record-low interest rates and rising rents have encouraged people to buy homes. Ground-breaking to build …
Dimon keeps JPMorgan chairman title after bruising battleBy 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 …
Wall St. to rise at open, Bernanke eyedBy Rodrigo Campos NEW YORK (Reuters) - Stocks were set to rise at the open on Wednesday, ahead of highly anticipated testimony in Congress by Federal Reserve Chairman Ben Bernanke on the economy and monetary … More »Wall St. to rise at open, Bernanke eyed
By Rodrigo Campos NEW YORK (Reuters) - Stocks were set to rise at the open on Wednesday, ahead of highly anticipated testimony in Congress by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy. Bernanke is expected to strike a dovish tone when he addresses a congressional committee at 10:00 a.m. EDT. …
Dow, S&P end at records on Fed officials' reassuranceBy 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 …
Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sourcesBy 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 …
Target cuts full-year forecast after weak first quarterBy Jessica Wohl (Reuters) - Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying … More »Target cuts full-year forecast after weak first quarter
By Jessica Wohl (Reuters) - Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items like clothing. Target warned in April its first-quarter results would be weaker than anticipated, and …
Recommended Articles
Friend's Activity
Get a Web Site
Create your business web site with our easy-to-use site building tools. More »
Sell Online
Get started today with tools to easily build and manage your e-commerce store. More »
Register a Domain
Find the right domain name for your business. More »
Use Business Email
Build credibility with our business email solution. More »
Press Release Wizard
Walks through the steps required to create a professional-style press release More »
Package Tracking
Quickly track packages shipped with DHL, Fedex, UPS, or the U.S. Postal Service More »
U.S. Zip Code Lookup
Look up the zip code for any U.S. address More »
Business Loan Calculator
Calculate monthly payments and more on fixed-rate loans More »
Small Business Dictionary
Handy dictionary of key business terms More »