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The Top News
1:06 PM - Tuesday, May 21, 2013
3 hour ago
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Washington Post /
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 . . .
RELATED STORIES:
- JPMorgan Chase Defeats Anti-Dimon Proposal - on The Huffington Post / Shahien Nasiripour
- A Shareholder Just Took His Grievance About JP Morgan's Parking Lots Right To Jamie Dimon - Clusterstock / Linette Lopez
- JPMorgan investors on edge over vote on Dimon; what if they win? - Yahoo! News: Business News
5 hour ago
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Yahoo! News: Business News
REDMOND, Wash. (AP) — Microsoft thinks it has the one.
RELATED STORIES:
- Xbox One: Microsoft launches new console - news / Matt Warman
- How Microsoft Can Take Over the Living Room - Mashable / Christina Warren
- With New Xbox, Microsoft Makes A Bigger Play For Living Room - NPR Topics
6 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:
- Senate Skewers Apple's Tax Strategy - CNBC
- Cook defends Apple on Senate hotseat - MarketWatch.com
- Apple CEO: 'We Pay All The Taxes We Owe' - on The Huffington Post
4 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.
4 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 . . .
4 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.
4 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 profits collapse as company denies shareholders Verizon dividend - news / Christopher Willians
- Vodafone chiefs defend retention of £2.1bn Verizon Wireless dividend - news / Christopher Williams
3 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.
6 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.
4 hour ago
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CNBC
The Fed's move on monetary accommodation will ride on the economy's reaction to government spending cuts and high taxes.
4 hour ago
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CNNMoney.com
Read full story for latest details.
4 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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CNBC
Tesla CEO is expected to use the potentially $1 billion windfall from a new stock offering to pay off DOE loans.
5 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.
3 hour ago
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news /
"Why are you still in your post?"
5 hour ago
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Washington Post /
When Yahoo announced it was buying the blogging service Tumblr Monday, David Karp accomplished the unimaginable: He stole the spotlight from Yahoo CEO Marissa Mayer. The 26-year-old Tumblr founder, who is estimated to make $250 million off of . . .
RELATED STORIES:
- David Karp Quit School to Get Serious About Tumblr - NY Times
- Tumblr’s Karp Not About the Money: Dad - CNBC
- FLASHBACK: Tumblr Founder David Karp's Words Of Wisdom To Entrepreneurs - Business Insider / William Wei
4 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.
5 hour ago
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Yahoo! News: Business News
By Conor Humphries and Padraic Halpin CORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax . . .
4 hour ago
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WSJ.com
U.K. inflation slowed in April, but with prices still rising much faster than wages, there are fears that a continued squeeze on consumers' spending power could hold back an economic recovery.
