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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.

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EU leaders look to end Apple-style tax avoidance schemes

BRUSSELS/PARIS - Growing concern in European capitals about aggressive tax avoidance by high-profile corporations such as Amazon, Google and Apple looks set to steal the agenda of a European Union summit in Brussels on Wednesday.

2:27pm EDT

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.

2:22pm EDT

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.

2:29pm EDT

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.

2:21pm EDT

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