A search for survivors in Oklahoma
MOORE, Oklahoma - Emergency workers searched for survivors in the rubble of an Oklahoma City suburb ravaged by a massive Monday afternoon tornado feared to have killed up to 91 people and injured well over 200 residents. Full Article
IRS officials back on Capitol Hill hot seat
WASHINGTON - A Senate panel will try to pry more details out of current and former officials of the Internal Revenue Service about the agency's targeting of conservative groups for extra scrutiny when they sought tax-exempt status. Full Article
Apple used Irish units to cut tax bill: Senate
WASHINGTON/SAN FRANCISCO - Using an unusual global tax structure, Apple kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, according to a Senate report. Full Article
Israel fires back at Syria after troops attacked
JERUSALEM - Israeli troops shot at a target across the Syrian frontier in response to gunfire that struck its forces in the Golan Heights, the Israeli military said. Full Article
Health secretary's fundraising draws fire
WASHINGTON - Some Republican lawmakers are zeroing in on the solicitation of funds by Katherine Sebelius, President's Barack Obama's secretary of health and human services, ahead of the implementation of his landmark health reform law. Full Article
JPMorgan investors on edge over Dimon vote
TAMPA, Florida - As final ballots come in on a proposal to strip JPMorgan Chase Chairman and Chief Executive Jamie Dimon of his chairman title, some worry about what will happen if shareholders win what will likely be a close vote. Full Article
Yahoo's rise in Asia offsets risk from Tumblr bet
SAN FRANCISCO - Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Full Article | Video
Reuters Bergin bites into Apple’s tax practises
May 21 - Reuters European Corporate Strategy Correspondent Tom Bergin gives his take on Apple’s creative offshore tax practises
Latest Headlines
Party opinion usurps public opinion
We are witnessing the slow death of public opinion in this country. It’s being displaced by party opinion. Elections today are less and less about persuasion and more and more about mobilization: You rally your supporters in order to beat back your opponents. Commentary
What was James Rosen thinking?
While I join the chorus of rage aimed at the excesses of a Department of Justice leak investigation that has criminalized the reporting of Fox News Channel’s James Rosen, I also wonder how much of Rosen’s trouble is of his own making. Commentary
Conservatives versus the GOP
The hoopla over the new George W. Bush Library in Dallas, as well as some gauzy looks back penned by former aides, shows we are in the middle of “The Great Bush Revisionism.” The former president is being lauded and congratulated. But for what? Commentary
For Russia, Syria is not in the Middle East
Moscow considers Syria different from its other allies in the Middle East because the outcome affects Russia's core strategic interests in the Mediterranean – including its global naval strategy and energy exports. Commentary
UK should get on front foot with City
Britain has been playing a defensive game in response to the barrage of misguided financial rules from Brussels. It now needs to sell the City as part of the solution to Europe's problems. The opportunity is huge. It could even help keep Britain in the EU. Commentary
Austerity is a moral issue
Europe’s economic turmoil is dragging the world economy down. Despite this destructive display of unnecessary masochism, many Americans still demand that the U.S. sequester be allowed to continue slashing at public spending. Commentary
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China's net giants splash out
Frothy tech valuations are not limited to Silicon Valley with Yahoo's $1.1 billion Tumblr buy. High-stakes deals are growing in China too, as big players court emerging platforms to lock in new users. Video
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