Business
Apple CEO makes no apology for company's tax strategy
WASHINGTON - 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. | Video
- Scandal or not, one SAC investor can't get enough of Steve Cohen
- UK opposition party leader says Google tax behavior 'wrong'
- Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources
- Dow, S&P end at records on Fed officials' reassurance
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- Ireland rejects blame for Apple's low tax rate
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Recent Business News
Sprint raises Clearwire offer, not enough for some
- Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share on Tuesday under pressure from activist shareholders, but the new bid failed to impress several big investors.
Fed officials dampen talk of imminent bond buying cutback
NEW YORK/FRANKFURT - Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation the Fed's ultra-easy monetary policy might end soon.
Dimon keeps JPMorgan chairman title after bruising battle
TAMPA, Florida - 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. | Video
Sony to assess spin-off proposal for entertainment business: Nikkei
- Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported.
Markets
- U.S.
- Europe
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- Sectors
| DOW | 15,387.58 |  +52.30 |
+0.34% |
| S&P 500 | 1,669.16 | +2.87 |
+0.17% |
| NASDAQ | 3,502.12 | +5.69 |
+0.16% |
| TR US Index | 151.47 | +0.24 |
+0.16% |
Sector Summary
| Energy | +0.23% |
| Basic Materials | +0.56% |
| Industrials | +0.08% |
| Cyclical Goods & Services | +0.26% |
| Non-Cyclical Goods & Services |  -0.11% |
| Financials | -0.01% |
| Healthcare | +0.74% |
| Technology | -0.16% |
| Telecoms | -0.17% |
| Utilities | +0.07% |
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