CBS Market Watch

Personal Finance Daily: Why IRS sca...

Personal Finance Daily: Why IRS scandal is good for tax cheats

The last time the IRS was under this much scrutiny, audits fell by 50%. Find that story and more, in today?s Personal Finance Daily.
Energy Stocks: Energy stocks end lo...

Energy Stocks: Energy stocks end lower after Monday rally

Energy stocks end lower Tuesday, losing steam a day after a rally.
After Hours: Saks shares jump on re...

After Hours: Saks shares jump on report of possible sale

Shares of Saks Fifth Avenue?s parent company leap more than 18% following a report the retailer hired Goldman Sachs to explore strategic possibilities including a sale.
NewsWatch: U.S. stocks rise after F...

NewsWatch: U.S. stocks rise after Fed officials? QE signal

U.S. stocks rise after comments from two Federal Reserve officials suggest that the central bank is not close to scaling back its bond-buying program.
Movers & Shakers: Tuesday?s movers:...

Movers & Shakers: Tuesday?s movers: Apple falls after Cook testimony

After a day of choppy trading, Apple closes down on Tuesday following Chief Executive Tim Cook?s testimony to defend the iPhone maker?s tax practices.
Microsoft reveals Xbox One game con...

Microsoft reveals Xbox One game console

Software giant Microsoft is taking aim at the home entertainment system with its new Xbox One console, due out this fall.

BBC

Apple's Tim Cook defends tax claim

Apple's Tim Cook defends tax claim

Apple boss Tim Cook defends its tax strategy at a Senate hearing, after the tech giant is accused of being among America's largest tax avoiders.
HMRC to miss tax credit fraud targe...

HMRC to miss tax credit fraud target

The UK tax authority's failure to hit a target of reducing tax credit fraud and error has "cost the taxpayer dear", a committee of MPs says.
Microsoft unveils Xbox One console

Microsoft unveils Xbox One console

Microsoft unveils the third generation of its video games console in an event at its headquarters at Redmond, Washington.
Record closing high for US shares

Record closing high for US shares

Shares on Wall Street picked up on Tuesday to a new all-time high as investors bet that the US central bank would continue supporting the economy.
Marks and Spencer sees profits fall

Marks and Spencer sees profits fall

Marks and Spencer reports a big fall in annual profits, as troubles in its clothing division continue.
JP Morgan boss wins shareholder vot...

JP Morgan boss wins shareholder vote

JP Morgan chairman and chief executive Jamie Dimon will keep both jobs after shareholders voted in his favour.

Reuters

Whole neighborhoods razed by Oklaho...

Whole neighborhoods razed by Oklahoma tornado that killed 24

MOORE, Oklahoma (Reuters) - Rescuers went building to building in search of victims and thousands of survivors were homeless on Tuesday after a massive tornado tore through the Oklahoma City suburb of Moore, wiping out whole blocks of homes and killing at least 24 people.
Dimon clings to JPMorgan chairman t...

Dimon clings to JPMorgan chairman title, after fight

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.
Senate panel approves sweeping immi...

Senate panel approves sweeping immigration bill

WASHINGTON (Reuters) - The Senate Judiciary Committee on Tuesday approved legislation that would bring about the biggest changes in U.S. immigration policy in a generation, setting up a spirited debate in the full Senate next month.
Tax official at center of scandal w...

Tax official at center of scandal won't testify: lawyer

WASHINGTON (Reuters) - Lois Lerner, the Internal Revenue Service official at the center of a scandal about the targeting of conservative groups for extra tax scrutiny, plans to assert her constitutional right not to answer questions from a congressional committee on Wednesday.
Exclusive: Bob Lutz, Chinese in bid...

Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources

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.
Prosecutors consider using racketee...

Prosecutors consider using racketeering law against SAC: source

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.

NewYorkTimes

Advertising: Army Tries a Reality S...

Advertising: Army Tries a Reality Style for Recruitment

The Army is trying to produce commercials styled like a television reality series because younger people increasingly ignore traditional forms of advertising.
    
Xbox One Enters Changed Gaming Land...

Xbox One Enters Changed Gaming Landscape

Microsoft?s new game console also serve as a home entertainment hub, a response to the rising popularity of mobile devices for playing games.
    
MetLife Will Repatriate an Offshore...

MetLife Will Repatriate an Offshore Reinsurance Unit

The life insurance company is bringing Exeter Reassurance of Bermuda back to the United States to alleviate regulatory concerns.
    
Deal Professor: Buffett, With His M...

Deal Professor: Buffett, With His Magic Touch, May Be Irreplaceable

Warren Buffett is a skilled deal maker, but who will negotiate such favorable deals for Berkshire Hathaway after he is gone?
    
DealBook: Fallen Goldman Director A...

DealBook: Fallen Goldman Director Appeals for a New Trial

A lawyer argued that Rajat Gupta, found guilty of leaking boardroom discussions, should be granted a new trial because a judge erroneously admitted wiretapped conversations.
    
High & Low Finance: One Response to...

High & Low Finance: One Response to Apple Tax Strategy May Be to Copy It

An unintended consequence of a Senate hearing might be companies deciding to take advantage of the same loopholes as Apple.
    

ABC

Man, 91, Hits Goal to Fight Evictio...

Man, 91, Hits Goal to Fight Eviction

A 91-year old man in Zaleski, Ohio, hopes to buy back his home before his daughter has the chance to evict him from it.
    
Watch: Apple CEO: 'We Pay All the T...

Watch: Apple CEO: 'We Pay All the Taxes We Owe'

Timothy Cook calls for simplification of U.S. tax code in his Senate testimony.
    
Apple CEO: 'No Tax Shifting Going O...

Apple CEO: 'No Tax Shifting Going On'

Apple [NASDAQ: AAPL] chief executive Tim Cook donned a suit and tie in his rare appearance at a Senate hearing about the tech company's offshore revenue and taxes, hoping for "comprehensive tax reform to be passed this year."
    
Nutella Crisis Averted as Maker Cav...

Nutella Crisis Averted as Maker Caves

Fans of Nutella can once again breathe easy?at least the ones not allergic to nuts.
    
JPMorgan's CEO Keeps Dual Role

JPMorgan's CEO Keeps Dual Role

JPMorgan Chase shareholders voted to allow chief executive Jamie Dimon to keep his dual role as CEO and chairman of the board of directors, which critics say gives him too much risky power over the biggest bank in the U.S. by assets.
    
Watch: Apple's Tax Loopholes Makes ...

Watch: Apple's Tax Loopholes Makes Feds Sour

Jeff Macke analyzes the morning business headlines.
    

InternetNews

Tech Stocks Gain Despite HP's Plung...

Tech Stocks Gain Despite HP's Plunge

HP investors had a bad day, but the rest of the tech sector fared well.
HP CEO Hurd Quits After Harassment ...

HP CEO Hurd Quits After Harassment Investigation

As the executive who oversaw its turnaround departs, the tech titan rushes to reassure customers and shareholders.
FCC Drops Closed-Door Net Neutralit...

FCC Drops Closed-Door Net Neutrality Talks

In the wake of reported sideline talks between two rivals, the FCC says it lacks a "robust framework to preserve the openness and freedom of the Internet."
Microsoft-Salesforce Deal: Who Won?

Microsoft-Salesforce Deal: Who Won?

What's behind the settlement between a rising power in the cloud and software-as-a-service and software colossus Microsoft, which is trying to make its own inroads into the area?
Say What? The Week's Top Five IT Qu...

Say What? The Week's Top Five IT Quotes

Google Wave crashes, fighting to keep mainframe skills alive, beware the Outernet and more.
Android Passes RIM as Top Mobile OS...

Android Passes RIM as Top Mobile OS in 2Q

Google's Android operating systems hustled past RIM's BlackBerry OS in the second quarter, a byproduct of the release of several new 4G smartphones and wider carrier coverage for the devices.

FoxNews

Dimon Gets Vote of Confidence from ...

Dimon Gets Vote of Confidence from JPM Shareholders

Dimon Gets Vote of Confidence from JPM Shareholders

Dick Bove on the JPM Shareholder Vote

Spitzer: Splitting CEO, Chairman Ro...

Spitzer: Splitting CEO, Chairman Roles Helps a Company

Spitzer: Splitting CEO, Chairman Roles Helps a Company

Eliot Spitzer on Jamie Dimon

OGE Energy CEO: We Suffered a Lot o...

OGE Energy CEO: We Suffered a Lot of Damage

OGE Energy CEO: We Suffered a Lot of Damage

Oklahoma Tornado Recovery

Continental Resources CEO: Oklahoma...

Continental Resources CEO: Oklahoma Has History of Standing Tall

Continental Resources CEO: Oklahoma Has History of Standing Tall

Oklahoma Tornado?s Aftermath

Jamie Dimon Premium in JPM Stock?

Jamie Dimon Premium in JPM Stock?

Jamie Dimon Premium in JPM Stock?

Valuing Dimon?s Role at JPM

Apple Under Fire for Offshore Tax A...

Apple Under Fire for Offshore Tax Avoidance

Apple Under Fire for Offshore Tax Avoidance

Reform the Corporate Tax Policy?

CNN

The housing recovery is for real

The housing recovery is for real

Housing-related stocks are leading Wall Street higher this year. That's a very good sign.
Oklahoma searches for tornado survi...

Oklahoma searches for tornado survivors - CNN

FEMA offers aid to tornado victims

FEMA offers aid to tornado victims

Read full story for latest details.
Army plans to launch a reality TV s...

Army plans to launch a reality TV show

Read full story for latest details.
Apple grilled about tax havens

Apple grilled about tax havens

Read full story for latest details.
Tim Cook is Wall Street hero for a ...

Tim Cook is Wall Street hero for a day

Investors cheered Apple CEO Tim Cook as he took questions from lawmakers on the company's tax strategies.

WallStreet Journal

Apple CEO Calls for Corporate Tax R...

Apple CEO Calls for Corporate Tax Reform

Tim Cook challenged Senate investigators who reported Apple paid no corporate income tax on tens of billions of dollars in overseas income over the past four years and urged reforms.
Dimon Strengthens Grip at J.P. Morg...

Dimon Strengthens Grip at J.P. Morgan

J.P. Morgan shareholders rejected a proposal to split James Dimon's dual roles as chief executive and chairman, and re-elected all the members of the bank's board.
Gupta Makes Case for Appeal

Gupta Makes Case for Appeal

Rajat Gupta asked a federal appeals court to set aside his insider-trading conviction because he said wiretaps were improperly allowed as evidence.
Phone Firms Sell Data on Customers

Phone Firms Sell Data on Customers

Big phone companies have started to sell the data they gather about subscribers' locations, travels and Web-browsing habits, providing a powerful tool for marketers but raising new privacy concerns.
Prosecutors Weigh Use of RICO in SA...

Prosecutors Weigh Use of RICO in SAC Case

It is rare for an investment firm to be charged under the Racketeer Influenced and Corrupt Organizations Act, a powerful legal tool used against the Mafia and drug gangs.
ESPN Is Cutting Jobs

ESPN Is Cutting Jobs

ESPN was in the process of laying off a few hundred workers, a sign that the hugely profitable sports cable-TV powerhouse is responding to the rising fees it pays to air games as well as other changes in the media industry.

Washington Post

Apple?s CEO defiantly defends firm?...

Apple?s CEO defiantly defends firm?s tax avoidance strategies

Apple chief executive Tim Cook offered no apologies Tuesday for the way his company keeps tens of billions of dollars in overseas profits virtually free of U.S. taxes, amid sharp questions from lawmakers about the practice.

Read full article >>
    
Hurricane Sandy aid for small busin...

Hurricane Sandy aid for small business is moving slowly, government acknowledges

Three-fourths of the small businesses battered by Hurricane Sandy are still waiting for U.S. government assistance, raising concerns among some about Midwest businesses hit by devastating tornadoes.

The U.S. Small Business Administration has approved loans to one out of every four business owners who applied for assistance after Sandy hammered the East Coast in October, according to analysis of data the agency submitted to Congress.

Read full article >>
    
GOP moderates feud with conservativ...

GOP moderates feud with conservatives over stall tactics on budget

Long-simmering divisions among Republicans burst into public view Tuesday evening, when GOP moderates challenged tea-party conservatives on the Senate floor over their refusal to proceed to formal negotiations with Democrats over the federal budget.

Read full article >>
    
The best sentences we read today

The best sentences we read today

-- "More than 800 people have paid as much as $200,000 apiece to reserve seats on commercial flights into space, some of which are expected to launch, at long last, within a year."

-- "Fashion models are almost twice as likely to get their visas as computer programmers, by one rough measure." (Note that this stat is misleading, but the article's interesting.)

Read full article >>
    
How Washington humbled JP Morgan Ch...

How Washington humbled JP Morgan Chase chief Jamie Dimon

Jamie Dimon, chairman and chief executive of JPMorgan Chase, on Tuesday won a vote of confidence from shareholders that he deserves to keep both his titles. It was another test for the leader of the nation?s biggest bank, a man once regarded by much of official Washington as the sage of Wall Street and voice of an industry.

Read full article >>
    
A short history of violent tornadoe...

A short history of violent tornadoes in the United States

It's official: The massive tornado that ripped through Moore, Okla., on Monday has been rated an EF-5 ? basically, it was at the very top of the scale, with winds over 200 miles per hour.

So how common is this? An EF-5 usually only comes around about once a year, on average. Here's the National Climatic Data Center: "On average over 1000 tornadoes hit the U.S. each year, [and] 20 can be expected to be violent and possibly one might be incredible (EF5)."

Read full article >>
    

CBS Stock Market

Stocks to Watch: Best Buy, Home Dep...

Stocks to Watch: Best Buy, Home Depot are Tuesday?s stocks to watch

Tuesday is a big day for retail earnings, with Best Buy, Home Depot and Saks releasing quarterly results.
Stocks to Watch: Stocks to watch: C...

Stocks to Watch: Stocks to watch: Campbell Soup, Qihoo

Campbell Soup and Qihoo Technology -- two strong stock performers in 2013 -- reported earnings Monday. Acquity Group shares are rallying premarket after Friday?s announcement of a buyout from Accenture.
Stocks to Watch: Stocks to watch: J...

Stocks to Watch: Stocks to watch: J.C. Penney, Aruba

Investors will likely follow shares of Donaldson and Stage Stores on Friday as those firms report quarterly results, along with shares of Aruba Networks, which took a drubbing late Thursday.
Stocks to Watch: Apple, Tesla, Dell...

Stocks to Watch: Apple, Tesla, Dell are Thursday?s stocks to watch

Investors are likely to closely monitor Apple Inc. on Thursday after the stock lost its most-favored status with at least three hedge funds.
Stocks to Watch: Macy?s, Cisco are ...

Stocks to Watch: Macy?s, Cisco are Wednesday?s stocks to watch

Macy?s, Cisco, and Deere are some of the notable names reporting quarterly results on Wednesday.
Stocks to Watch: Stock to watch: Bl...

Stocks to Watch: Stock to watch: BlackBerry annual event kicks off

BlackBerry is expected to attract more than its share of attention, as the three-day BlackBerryLive opens its doors in Orlando, Fla., on Tuesday.

BBC Stock Market

Apple's Tim Cook defends tax claim

Apple's Tim Cook defends tax claim

Apple boss Tim Cook defends its tax strategy at a Senate hearing, after the tech giant is accused of being among America's largest tax avoiders.
Former Saab cars chiefs arrested

Former Saab cars chiefs arrested

Three former top executives from car maker Saab Automobile have been arrested in Sweden on suspicion of accounting fraud charges.
Microsoft unveils Xbox One console

Microsoft unveils Xbox One console

Microsoft unveils the third generation of its video games console in an event at its headquarters at Redmond, Washington.
Record closing high for US shares

Record closing high for US shares

Shares on Wall Street picked up on Tuesday to a new all-time high as investors bet that the US central bank would continue supporting the economy.
JP Morgan boss wins shareholder vot...

JP Morgan boss wins shareholder vote

JP Morgan chairman and chief executive Jamie Dimon will keep both jobs after shareholders voted in his favour.
Bank Danamon stake sale approved

Bank Danamon stake sale approved

Singapore's DBS Group receives long-awaited regulatory approval to buy a 40% stake in Indonesia's Bank Danamon

Reuters Stock Market

Families edging out private equity ...

Families edging out private equity in consumer deals

LONDON (Reuters) - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
Small business optimism rises to si...

Small business optimism rises to six-month high

WASHINGTON (Reuters) - A gauge of confidence for small businesses rose in April to its highest in six months, a sign of resilience in an economy beset by Washington's austerity drive.
Double Eagle condensate pipeline st...

Double Eagle condensate pipeline starts up

HOUSTON (Reuters) - Double Eagle Pipeline LLC has begun moving Eagle Ford condensate from Three Rivers, Texas, to Magellan Midstream Partners LP's terminal in Corpus Christi, Magellan and 50/50...
Small restaurants serving big calor...

Small restaurants serving big calories, salt: studies

NEW YORK (Reuters Health) - Despite public health progress in cutting calories, as well as salt and fat from fast foods and supermarket products, neighborhood restaurants are still packing big...
Fight expected in House on online s...

Fight expected in House on online sales tax

WASHINGTON (Reuters) - The Senate voted overwhelmingly on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation faces a tougher fight in the...
U.S.-backed maker of wheelchair-acc...

U.S.-backed maker of wheelchair-accessible vans shuts down

DETROIT (Reuters) - Vehicle Production Group LLC, a maker of wheelchair-accessible vans that received $50 million in low-interest federal loans, has closed its doors after running out of cash.

NewYorkTimes Stock Market

Xbox One Enters Changed Gaming Land...

Xbox One Enters Changed Gaming Landscape

Microsoft?s new game console also serve as a home entertainment hub, a response to the rising popularity of mobile devices for playing games.
    
MetLife Will Repatriate an Offshore...

MetLife Will Repatriate an Offshore Reinsurance Unit

The life insurance company is bringing Exeter Reassurance of Bermuda back to the United States to alleviate regulatory concerns.
    
Deal Professor: Buffett, With His M...

Deal Professor: Buffett, With His Magic Touch, May Be Irreplaceable

Warren Buffett is a skilled deal maker, but who will negotiate such favorable deals for Berkshire Hathaway after he is gone?
    
DealBook: Fallen Goldman Director A...

DealBook: Fallen Goldman Director Appeals for a New Trial

A lawyer argued that Rajat Gupta, found guilty of leaking boardroom discussions, should be granted a new trial because a judge erroneously admitted wiretapped conversations.
    
High & Low Finance: One Response to...

High & Low Finance: One Response to Apple Tax Strategy May Be to Copy It

An unintended consequence of a Senate hearing might be companies deciding to take advantage of the same loopholes as Apple.
    
DealBook: Dimon Prevails in Key JPM...

DealBook: Dimon Prevails in Key JPMorgan Vote, Retaining 2 Top Jobs

Jamie Dimon held on to his title of chairman after JPMorgan?s shareholders defeated a proposal to split the chairman and chief executive roles.
    

Internet Stock Market News

Microsoft Inks UC Deal With Polycom

Microsoft Inks UC Deal With Polycom

Under a multi-year agreement unveiled Monday, Polycom will begin shipping integrated unified communications solutions built on Microsoft's Communications Server 14.
IT Earnings Way Up at Job Site Elan...

IT Earnings Way Up at Job Site Elance

Google App Engine, HTML5, search engine optimization and social media marketing are among the fastest movers on Elance's list of hot job opportunities available online.
Google, Verizon Posit Net Neutralit...

Google, Verizon Posit Net Neutrality Accord

The two Internet and communications giants have put aside their differences to hammer what could be a palatable legislative solution to the net neutrality brouhaha.
Tech Stocks Gain Despite HP's Plung...

Tech Stocks Gain Despite HP's Plunge

HP investors had a bad day, but the rest of the tech sector fared well.
New Federal Data Breach Bill Debuts...

New Federal Data Breach Bill Debuts in Senate

The new bill is getting early support from prominent Democrats and could require enterprises meet tighter security measures and new notification rules.
Cisco Unveils Top 10 Web Malware Th...

Cisco Unveils Top 10 Web Malware Threats

Contaminated websites are still a threat, but Cisco's latest security report suggests that are plenty of other Web-borne malware scams that can cost you or your company dearly.

Fox Stock Market News

There are no news from this channel.

CNN Stock Market

Is Saks for sale?

Is Saks for sale?

Saks soared nearly 20% after hours following a New York Post reported that the luxury retailer had hired Goldman Sachs to explore a possible sale.
Stocks end at record highs ahead of...

Stocks end at record highs ahead of Bernanke

Read full story for latest details.
JPMorgan's Dimon wins by a landslid...

JPMorgan's Dimon wins by a landslide

Shareholders voted to keep CEO Jamie Dimon as the bank's chairman but three directors in charge on the risk committee won by slim margins.
The market doesn't lie: Housing rec...

The market doesn't lie: Housing recovery is for real

Home Depot and other housing-related stocks are leading Wall Street higher this year. That's a very very good sign.
Apple's Tim Cook is Wall Street her...

Apple's Tim Cook is Wall Street hero for a day

Investors cheered Apple CEO Tim Cook as he took questions from lawmakers on the company's tax strategies.
Fed's Dudley says new plan needed t...

Fed's Dudley says new plan needed to end stimulus

Read full story for latest details.

WallStreet Journal

Apple CEO Calls for Corporate Tax R...

Apple CEO Calls for Corporate Tax Reform

Tim Cook challenged Senate investigators who reported Apple paid no corporate income tax on tens of billions of dollars in overseas income over the past four years and urged reforms.
Dimon Strengthens Grip at J.P. Morg...

Dimon Strengthens Grip at J.P. Morgan

J.P. Morgan shareholders rejected a proposal to split James Dimon's dual roles as chief executive and chairman, and re-elected all the members of the bank's board.
Gupta Makes Case for Appeal

Gupta Makes Case for Appeal

Rajat Gupta asked a federal appeals court to set aside his insider-trading conviction because he said wiretaps were improperly allowed as evidence.
Phone Firms Sell Data on Customers

Phone Firms Sell Data on Customers

Big phone companies have started to sell the data they gather about subscribers' locations, travels and Web-browsing habits, providing a powerful tool for marketers but raising new privacy concerns.
Prosecutors Weigh Use of RICO in SA...

Prosecutors Weigh Use of RICO in SAC Case

It is rare for an investment firm to be charged under the Racketeer Influenced and Corrupt Organizations Act, a powerful legal tool used against the Mafia and drug gangs.
ESPN Is Cutting Jobs

ESPN Is Cutting Jobs

ESPN was in the process of laying off a few hundred workers, a sign that the hugely profitable sports cable-TV powerhouse is responding to the rising fees it pays to air games as well as other changes in the media industry.

Washington Post

Asia stocks inch higher despite wor...

Asia stocks inch higher despite world woes

BANGKOK -- Most Asian markets took cues from Wall Street on Thursday and edged higher despite serious challenges to the global economy, including Japan's struggle to contain an earthquake-spawned nuclear crisis, Portugal's unresolved financial problems and uprisings in the Middle East.
Toyota to curb N. America productio...

Toyota to curb N. America production after quake

TOKYO -- Toyota Motor Corp., the world's biggest automaker, said Thursday it expects to halt production at some of its factories in North America due to shortages of parts from Japan following a devastating earthquake.
Boeing: US gets the tanker it wante...

Boeing: US gets the tanker it wanted, nothing more

-- A Boeing executive said on Wednesday that the Air Force will get the tanker it ordered - and no more.
Watchdog: FAA improves for-hire air...

Watchdog: FAA improves for-hire aircraft oversight

WASHINGTON -- The Federal Aviation Administration has significantly improved its safety oversight of for-hire aircraft companies but hasn't followed through on recommendations regarding air tours and illegal operators, a government watchdog said Wednesday.
Big BMW sedan adds hybrid

Big BMW sedan adds hybrid

-- Gasoline-electric hybrid versions of BMW's big, 2011 BMW 7-Series sedans come with the federal government's lowest fuel economy rating of all regular-production hybrids.
Asia stocks mixed amid uncertainty ...

Asia stocks mixed amid uncertainty in Japan, Libya

BANGKOK -- Asian stocks were mixed Wednesday following a retreat on Wall Street as the staggering toll exacted by Japan's worst-ever earthquake came into sharper focus and uncertainties grew about the outcome of Western military action against Libya.

ABC Stock Market

Man, 91, Hits Goal to Fight Evictio...

Man, 91, Hits Goal to Fight Eviction

A 91-year old man in Zaleski, Ohio, hopes to buy back his home before his daughter has the chance to evict him from it.
    
Watch: Apple CEO: 'We Pay All the T...

Watch: Apple CEO: 'We Pay All the Taxes We Owe'

Timothy Cook calls for simplification of U.S. tax code in his Senate testimony.
    
Apple CEO: 'No Tax Shifting Going O...

Apple CEO: 'No Tax Shifting Going On'

Apple [NASDAQ: AAPL] chief executive Tim Cook donned a suit and tie in his rare appearance at a Senate hearing about the tech company's offshore revenue and taxes, hoping for "comprehensive tax reform to be passed this year."
    
Nutella Crisis Averted as Maker Cav...

Nutella Crisis Averted as Maker Caves

Fans of Nutella can once again breathe easy?at least the ones not allergic to nuts.
    
JPMorgan's CEO Keeps Dual Role

JPMorgan's CEO Keeps Dual Role

JPMorgan Chase shareholders voted to allow chief executive Jamie Dimon to keep his dual role as CEO and chairman of the board of directors, which critics say gives him too much risky power over the biggest bank in the U.S. by assets.
    
Watch: Apple's Tax Loopholes Makes ...

Watch: Apple's Tax Loopholes Makes Feds Sour

Jeff Macke analyzes the morning business headlines.
    

Financial Times

Apple chief defends tax practices

Apple chief defends tax practices

Tim Cook, Apple chief executive, defended the technology group?s tax practices and denied it was engaged in massive tax avoidance schemes
Dimon victory despite investor back...

Dimon victory despite investor backlash

Investors targeted their disapproval at the bank?s independent directors in an unusually large vote against the re-election of Ellen Futter, David Cote and James Crown
Shares advance ahead of Bernanke sp...

Shares advance ahead of Bernanke speech

US stocks reach fresh record highs as investors await further clues on the outlook for monetary policy from the Federal Reserve chairman
Fiat Industrial to move tax home to...

Fiat Industrial to move tax home to UK

Blow to Italy underlines the attractiveness of the UK?s increasingly light corporate tax regime
SAP seeks programmers with autism

SAP seeks programmers with autism

German software group wants to tap into a new talent pool by hiring hundreds of people with the condition to programme and test its ­products
Rafsanjani banned from presidential...

Rafsanjani banned from presidential poll

Guardian Council bans Esfandiar Rahim-Mashaei, an ally of outgoing President Mahmoud Ahmadi-Nejad, from participating
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