Business
Senate panel peels back Apple's offshore taxes
WASHINGTON - Apple Inc's chief executive officer defended the company's tax record at a Tuesday Senate hearing where lawmakers said the maker of iPads, iPods and Mac computers kept billions of dollars in profits in Irish subsidiaries to avoid U.S. taxes.
Recent Business News
U.S. court studies wiretaps in ex-Goldman director's insider case
NEW YORK - Lawyers for former Goldman Sachs Group Inc board member Rajat Gupta sought to reverse his insider-trading conviction on Tuesday, arguing that wiretap evidence used by the prosecution should not have been introduced at trial.
Best Buy sees investments squeezing near-term profits
- Best Buy Co Inc reported lackluster sales in the first quarter and warned that efforts to entice shoppers could squeeze profits in the near term.
Exclusive: Chinese supplier, VL Automotive bid for Fisker - sources
DETROIT - A boutique carmaker led by a former General Motors Co executive Bob Lutz and China's largest auto parts supplier submitted an offer to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said.
Analysis: U.S. food labels seen heating up North America meat war
WINNIPEG, Manitoba/CHICAGO - The United States is poised to introduce stricter rules on the labeling of meat imports this week, a move that is likely to heat up a simmering trade dispute with Canada and Mexico.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 15,412.04 |  +76.76 |
+0.50% |
| S&P 500 | 1,672.69 | +6.40 |
+0.38% |
| NASDAQ | 3,508.70 | +12.27 |
+0.35% |
| TR US Index | 151.74 | +0.51 |
+0.34% |
Sector Summary
| Energy | +0.68% |
| Basic Materials | +1.28% |
| Industrials | +0.39% |
| Cyclical Goods & Services | +0.49% |
| Non-Cyclical Goods & Services |  -0.16% |
| Financials | -0.13% |
| Healthcare | +0.59% |
| Technology | +0.04% |
| Telecoms | -0.36% |
| Utilities | +0.17% |
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