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The Top News
2:05 PM - Tuesday, May 21, 2013
6 hour ago
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TechCrunch /
Microsoft’s Don Mattrick pulled back the curtain on the Xbox One at a live event at the company’s Redmond campus, and it wasn’t long at all before the talk turned to software. One application in particular has been the subject of speculation fo . . .
RELATED STORIES:
- Microsoft's Innovation That Apple Missed - from Seeking Alpha / Justin Jaynes
- Microsoft touts Xbox One as all-in-1 entertainment - Yahoo! News: Business News
- Microsoft's New Xbox: Live From the Unveiling - Mashable / Lance Ulanoff
6 hour ago
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MarketWatch.com
Jamie Dimon and the board survived a much-hyped effort to split the roles of chief executive and chairman at J.P. Morgan Chase, but that doesn’t mean investors aren’t critical of the bank.
RELATED STORIES:
- JP Morgan’s Jamie Dimon survives shareholder vote, but Washington probes are next - Washington Post / Danielle Douglas
- JPMorgan Chase Defeats Anti-Dimon Proposal - on The Huffington Post / Shahien Nasiripour
- JPMorgan Chase's big day - CNNMoney.com
7 hour ago
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Washington Post /
Lawmakers had pointed questions for Apple chief executive Tim Cook and two other top company executives Tuesday at a Senate subcommittee hearing examining the Apple’s tax practices. As The Washington Post reported, Apple is the latest technolo . . .
RELATED STORIES:
- Apple CEO: 'We Pay All The Taxes We Owe' - on The Huffington Post
- Senate Skewers Apple's Tax Strategy - CNBC
- Cook defends Apple on Senate hotseat - MarketWatch.com
4 hour ago
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FOXBusiness.com
Wireless carriers are reporting some damage from the massive tornado that hit Oklahoma on Monday, but they note that networks are generally functioning well after the storm.
RELATED STORIES:
- BEFORE/AFTER PHOTOS: Oklahoma Tornado Destruction - on The Huffington Post
- Killer Tornado: Scenes From Oklahoma - CNBC
- Oklahoma Tornado Survivor Reunites With Missing Dog On Live TV - Clusterstock / Joe Weisenthal
5 hour ago
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WSJ.com
Best Buy posted a quarterly loss as it ramped up cost-cutting and revenue continued to slide. Online sales improved, however.
3 hour ago
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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.
6 hour ago
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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 . . .
RELATED STORIES:
- Vodafone chiefs defend retention of £2.1bn Verizon Wireless dividend - news / Christopher Williams
5 hour ago
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Yahoo! News: Business News
OVERLAND PARK, Kan. (AP) — Sprint Nextel Corp. is offering 14 percent more than before for the stake in wireless data network operator Clearwire Corp. it does not already own, but a large shareholder said the offer was still inadequate.
5 hour ago
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CNNMoney.com
Read full story for latest details.
5 hour ago
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features.blogs.fortune.cnn.com
The drugmaker plans to reincorporate in Ireland to reduce its tax burden, but the CEO will stay in New Jersey.
5 hour ago
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WSJ.com
Home Depot raised its full-year outlook and said net profit jumped 18%, helped by the recovering housing market and sales related to reconstruction in the wake of superstorm Sandy.
7 hour ago
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CNBC
The ECB should consider adopting the Federal Reserve's asset purchase strategy, a Fed member says in Germany.
5 hour ago
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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.
11 hour ago
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USATODAY.com Money News
Tumblr autonomy should be fostered
RELATED STORIES:
- Tumblr Users Urge New Owner Yahoo To Keep The Site Weird - NPR Topics
- Tech Stocks: Yahoo’s deal for Tumblr heads tech’s day - MarketWatch.com
- Mayer: Tumblr Will Stay Independent - CNBC
4 hour ago
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news /
"Why are you still in your post?"
6 hour ago
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Yahoo! News: Business News
WASHINGTON (AP) — The man who led the Internal Revenue Service when it was giving extra scrutiny to tea party and other conservative groups seeking tax-exempt status told Congress on Tuesday that he knew little about what was happening while he . . .
7 hour ago
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FOXBusiness.com
Two executives at Japan's Denso Corp have agreed to plead guilty to conspiring to fix prices of electronic auto parts sold to Toyota and will cooperate with an ongoing criminal investigation, the U.S. Justice Department said on Tuesday.
6 hour ago
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FOXBusiness.com
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.
7 hour ago
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CNBC
Tesla CEO is expected to use the potentially $1 billion windfall from a new stock offering to pay off DOE loans.
4 hour ago
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FOXBusiness.com
Two senior Federal Reserve officials on Tuesday played down chances that the U.S. central bank would signal a readiness to taper bond buying at its meeting next month, dampening speculation the Fed might soon dial back its ultra-easy policy.
