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
Recent Business News
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.
Gap willing to sign Bangladesh safety accord, if tweaked
- Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were some "very minor accommodations."
Exclusive: Wanxiang, VL Auto bid on Fisker; others eye DOE buyout
DETROIT - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer to buy cash-strapped "green" car company Fisker Automotive this month, people familiar with the matter said.
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| 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 | +0.24% |
| Basic Materials | +0.57% |
| Industrials | +0.09% |
| Cyclical Goods & Services | +0.27% |
| Non-Cyclical Goods & Services |  -0.10% |
| Financials | -0.22% |
| Healthcare | +0.75% |
| Technology | -0.16% |
| Telecoms | -0.15% |
| Utilities | +0.08% |
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