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4:06 PM - Tuesday, May 21, 2013
6 hour ago - Washington Post / Jena Mcgregor
On Tuesday, JPMorgan Chase shareholders rejected a proposal to split the roles of CEO and chairman, both held by the bank's iconic leader, Jamie Dimon. The measure received support from roughly 32 percent of shareholders, which is actually les . . .
5 hour ago - MarketWatch.com
Apple Inc.’s chief executive Tim Cook defended the tech giant’s tax practices in a lengthy Senate hearing on Tuesday, telling lawmakers that the company is acting fairly and also laying out targets for lowering its tax burdens.
5 hour ago - FOXBusiness.com
ESPN, the sports channel that is Walt Disney Co's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a person with knowledge of the cuts said.
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4 hour ago - on The Huffington Post
May 21 (Reuters) - 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 accommodati . . .
4 hour ago - FOXBusiness.com
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 en . . .
3 hour ago - CNNMoney.com
Herbalife hired Pricewaterhouse Coopers as its new accounting firm. KPMG resigned last month after discovering one of its partners was providing illegal stock tips on clients.
7 hour ago - Yahoo! News: Business News
By Kate Holton and Paul Sandle LONDON (Reuters) - Vodafone boss Vittorio Colao staked his reputation on selling the group's prized stake in U.S. operator Verizon Wireless at the right time and right price, saying on Tuesday he would not bow to . . .
8 hour ago - Yahoo! News: Business News
MINNEAPOLIS (AP) — Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
7 hour ago - FOXBusiness.com
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.
5/20/2013 - from Seeking Alpha / Markos Kaminis
By Markos Kaminis (Wall St. Greek): On Monday evening, Senators Carl Levin and John McCain addressed the media about Apple (AAPL), alleging tax avoidance by means of offshore entities. This issue could affect Apple in a meaningful manner. Befor . . .
5 hour ago - MarketWatch.com
NEW YORK (MarketWatch) -- U.S. stocks closed higher on Tuesday, with the Dow industrials and S&P 500 hitting record highs, after comments from two Federal Reserve officials suggested that the central bank is not close to tapering its bond-buy . . .
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