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Taxes, schmaxes: Congress wants you to know it loves Apple
You could be forgiven for thinking that the big hearing before the U.S. Senate’s Permanent Subcommittee on Investigations this week was a chance for lawmakers to grill Apple about some of its controversial tax practices. And yes, there was some of...
Tags: Carl Levin, Tim Cook, Apple iPhone, Apple iPad, U.S. Senate
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Lawmakers grill Apple execs over tax strategy
WASHINGTON — Apple Inc. Chief Executive Tim Cook was supposed to face a hostile Capitol Hill crowd but instead he wielded the company's popularity like a shield to deflect some of the most aggressive questioning over the company's...
Tags: Carl Levin, Tim Cook, Finance, U.S. Senate Committee on Finance, Washington, DC
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Pence, Schumer on right side of press issue
Herald-Times, Bloomington, Ind.Disclosure last week that the U.S. Department of Justice secretly obtained two months of telephone records of reporters and editors for The Associated Press rocked the journalism community. Commandeering the work and personal phone records of individual...Tags: Barack Obama, Mike Pence, U.S. House of Representatives, Government, U.S. Department of Justice
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Entertaining change: Sony to look at activist's spin-off idea
ReutersTOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value....Tags: Japan Earthquake and Tsunami (2011), Inflation and Deflation, Annual and Special Corporate Meetings, Activism, Japan
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Boeing CEO McNerney says interest in 777X is high
ReutersMay 22 (Reuters) - Boeing Co Chief Executive Officer Jim McNerney said on Wednesday that customer interest in the 777X wide-body airplane is "high and still growing," and that he expects to formally launch the aircraft program later this year. The...Tags: Boeing Co.
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Elkhart company to close
South Bend TribuneELKHART -- Two weeks ago, workers at SJC Industries learned the company had been sold to Allied Specialty Vehicles. On Monday they learned the company was moving to Florida and taking all of their jobs with it. SJC Industries filed notice that it will...Tags: Economy, Business and Finance, Services and Shopping, Middlebury, Thor Industries Incorporated, Vehicles
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Boeing plans to return more cash to shareholders -CEO McNerney
ReutersMay 22 (Reuters) - Boeing Co Chief Executive Officer Jim McNerney said on Wednesday that research and development costs at its commercial airplane unit will fall in coming months and that it plans to return "significantly more" cash to shareholders....Tags: Economy, Business and Finance, Credit Ratings, Boeing Co., Companies and Corporations
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Zale taps rival's ex-CEO as chairman, same-store sales edge up
ReutersMay 22 (Reuters) - Zale Corp on Wednesday reported a modest bump in third-quarter same-store sales and said the former chief executive of its biggest rival, Kay Jewelers parent Signet Jewelers Ltd, will be its new chairman. Terry Burman, who was Signet's...Tags: Zale Corporation
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The Irish loophole behind Apple's low tax bill
ReutersLONDON (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...Tags: Finance, Intel Corp., Government, Teaching and Learning, Economy, Business and Finance
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Orlando Regional Medical Center gets new president
Effective June 1, Orlando Regional Medical Center will be under new leadership. Mark Jones, current president of Dr. P. Phillips Hospital, will take over as ORMC president. Jones succeeds current hospital president Shannon Elswick, who is retiring at...Tags: Florida State University, Orlando Health, Hospitals and Clinics, United Way , Orlando
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Sony CEO says board mulling hedge fund boss Loeb's proposal to spin off entertainment business
AP Business WriterTOKYO (AP) — Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked about the proposal at a...Tags: Mutual Funds, Economy, Business and Finance, Entertainment, Samsung Group, Electronics
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BRIEF-Target CFO says expects traffic will continue to be challenging
ReutersCHICAGO, May 22 (Reuters) - Target Corp : * CFO says expects traffic will continue to be challenging * CFO says does not expect to see traffic declines at magnitude seen in q1's 1.9 percent drop * CFO sees Q2 same-store sales up 2-3 percent * CFO says so...Tags: Target
May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| South Bend Tribune
May 22, 2013
|Story| Reuters
May 22, 2013
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May 22, 2013
|Story| South Bend Tribune
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May 21, 2013
| Orlando Sentinel
May 22, 2013
|Story| AP Broadcast
May 22, 2013
|Story| Reuters
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