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Apple CEO Tim Cook to senators: 'We don't depend on tax gimmicks' [video chat]
WASHINGTON -- Apple CEO Tim Cook defended the company's tax avoidance strategies in an appearance Tuesday before the U.S. Senate’s Permanent Subcommittee on Investigations. Wearing a business suit, white shirt and powder blue tie, Cook read an...
Tags: Economy, Business and Finance, Corporate Officers, Politics, Companies and Corporations, Tim Cook
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Some U.S. power companies say they face constant cyber attacks
ReutersBOSTON (Reuters) - Several U.S. power utilities say they face constant cyber attacks on critical systems, according to a report by two Democratic lawmakers amid warnings from the Obama administration that foreign hackers are seeking to attack the electric...Tags: Computer Crime, U.S. House Committee on Energy and Commerce, Edward J Markey, Henry A Waxman, U.S. House of Representatives
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Apple CEO makes no apology for company's tax strategy
ReutersWASHINGTON (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...Tags: Personal Income, Corporate Officers, Crime, Law and Justice, Computing and Information Technology Industry, Companies and Corporations
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ANALYSIS-High speed trading a stiff challenge for U.S. regulators
Reuters* High frequency trading (HFT) in crosshairs * CFTC passes disruptive trading guideline * Academic views mixed on effects of HFT By Christine Stebbins CHICAGO, May 19 (Reuters) - Financial trading in world markets has grown so lightning-fast that...Tags: Securities, Conservation, Science and Technology, Finance, Environmental Issues
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PRESS DIGEST - Ireland - May 22
ReutersThese are some of the leading stories in Ireland's newspapers on Wednesday. Reuters has not verified these stories and cannot vouch for their accuracy: THE IRISH TIMES - Ireland's reputation took a battering at a high-profile U.S. Senate hearing on...Tags: Republic of Ireland, Bank of Ireland
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Reuters World News Highlights at 1020 GMT, May 22
ReutersMay 22 (Reuters) - TOP STORIES ----------- SEOUL/BEIJING - North Korea sent one of its top military officials as a "special envoy" from its leader Kim Jong-un to Beijing on Wednesday, accompanied by a high-powered delegation in what appeared to be a bid...Tags: Labor Legislation, 2014 Winter Olympic Games, Career and Workplace, Immigration, Kim Jong Un
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Senate Backs Bill To Label Genetically Modified Foods
The Hartford CourantA bill that would require food made with genetically modified organisms to carry labels cleared the state Senate late Tuesday night. The Senate's approval, on a 35-1 vote, gives new energy to a measure that had strong grassroots backing but appeared...Tags: Dannel P. Malloy , Agriculture, Crime, Law and Justice, Pharmaceuticals, J Brendan Sharkey
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Analysis: High speed trading a stiff challenge for U.S. regulators
ReutersCHICAGO (Reuters) - Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes. The latest alarm...Tags: Securities, Conservation, U.S. Securities and Exchange Commission, Science and Technology, Finance
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Will Senate bid lure Rogers from his House seat?
WASHINGTON (AP) — Republican Rep. Mike Rogers has pulled off a rare feat in a bitterly divided Congress — a working, productive relationship with Democrats in overseeing the nation's 16 spy agencies. The question now is whether the...
Tags: Crime, Law and Justice, Justin Amash, U.S. House Permanent Select Committee on Intelligence, Police Investigations, Human Rights
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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: Personal Income, Corporate Officers, Computer Hardware, Companies and Corporations, Finance
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CORRECTED-FACTBOX-Apple, Amazon, Google and tax avoidance schemes
Reuters(Corrects Starbucks revenue figure) BRUSSELS, May 22 (Reuters) - European leaders meet on Wednesday to discuss tax policy and specifically their concerns over how a number of high-profile international companies have managed to pay next to no tax on...Tags: Starbucks Corp., Luxembourg, Computer Hardware, United Kingdom, Amazon.com Inc.
May 21, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 19, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Hartford Courant
May 19, 2013
|Story| Reuters
May 22, 2013
|Story| Petoskey News
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
Original site for U.S. Senate topic gallery.