Senate Panel Says Apple Uses Firms Outside the US to Avoid Taxes – TIME Senate Panel Says Apple Uses Firms Outside the US to Avoid TaxesTIME(WASHINGTON) — Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. [...]
Senate panel says Apple avoids billions in US taxes – USA TODAY New York Times Senate panel says Apple avoids billions in US taxesUSA TODAYApple, the tech giant that has made a corporate bonanza by selling iPhones, iPads and iPods to consumers worldwide, has avoided tens of billions of dollars in U.S. taxes on its [...]
Apple Avoided Billions in Taxes, Congressional Panel Says – New York Times New York Times Apple Avoided Billions in Taxes, Congressional Panel SaysNew York TimesWASHINGTON— Even as Apple became the nation's most profitable technology company, it avoided billions in taxes in the United States and around the world through a web of subsidiaries so complex [...]
Dell says cannot disclose more information to Icahn yet (Reuters) – Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior" to founder Michael Dell's. Earlier this month, Icahn and Southeastern offered [...]
Independent Scotland open to Cyprus-style bank risks, says Britain By William James LONDON (Reuters) – An independent Scotland would have a vastly oversized financial sector that would leave it vulnerable to a Cyprus-style banking crisis, Britain's finance ministry says. Before a referendum due in September 2014 on whether Scotland should split from the United Kingdom, [...]
Amplats says South Africa miners report for morning shift JOHANNESBURG (Reuters) – Miners at South Africa’s Anglo American Platinum reported for work on Friday, a company spokeswoman said, despite earlier calls for a strike by some union leaders. Amplats spokeswoman Mpumi Sithole said all workers had reported for the morning shift and there had been [...]
Penney CEO says company needs time to climb out of ‘abyss’ By Phil Wahba (Reuters) – J.C. Penney Co Inc Chief Executive Myron Ullman told Wall Street on Thursday that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer. Penney [...]
Penney CEO says company needs time to climb out of ‘abyss’ By Phil Wahba (Reuters) – J.C. Penney Co Inc Chief Executive Myron Ullman told Wall Street on Thursday that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer. Penney [...]
Fiat says moving headquarters to U.S. not on agenda MILAN (Reuters) – Italian carmaker Fiat SpA said on Thursday the idea of moving the group's legal headquarters to the United States is not on the agenda. "This issue, treated several times in the last year by the world's media, is not the order of the [...]
Gagfah says on track to refinance 2 bln eur loan – Reuters Gagfah says on track to refinance 2 bln eur loanReutersFRANKFURT May 15 (Reuters) – Gagfah, a German real estate group owned by private equity investor Fortress , said it was on track to refinance a 2 billion euro ($ 2.6 billion) loan that [...]