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The Top News
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9:04 PM - Monday, May 20, 2013
6 hour ago - Washington Post / Cecilia Kang
Apple used a “complex web” of offshore entities — with no employees or physical offices — that allowed it to pay little or no taxes on tens of billions it earned overseas, according to a Senate investigation unveiled Monday. Read full article >>    
5 hour ago - Washington Post
The White House offered a new account Monday of how and when it learned that the Internal Revenue Service had improperly targeted conservative groups, saying that some senior officials were informed of the findings but that President Obama was . . .
5 hour ago - Yahoo! News: Business News
(Reuters) - Wireless service provider Sprint Nextel Corp received a waiver from SoftBank Corp on various provisions of their merger agreement permitting it to engage in discussions with Dish Network Corp. Satellite TV service Dish made a $25.5 . . .
8 hour ago - MarketWatch.com
In the official memo announcing Yahoo’s $1.1 billion acquisition of Tumblr today, the companies promised not to “screw it up.” But similar promises have been made before. What happened after Yahoo purchased Flickr back in 2005? Find that story . . .
3 hour ago - CNNMoney.com
Apple executives including CEO Tim Cook are due to appear before a Senate subcommittee on Tuesday, as lawmaker study how multinationals keep profits offshore for tax purposes.
4 hour ago - MarketWatch.com
HONG KONG (MarketWatch) -- Hong Kong stocks on Tuesday retreated after a three-day winning streak, with Industrial & Commercial Bank of China Ltd. sliding on news Goldman Sachs Group Inc. sold the remainder of its stake in the Chinese lender. T . . .
7 hour ago - news / Andrew Trotman
Apple tried to find the "Holy Grail of tax avoidance", a US Senate committee has claimed, on the eve of chief executive Tim Cook's appearance to answer questions on the tech giant's offshore businesses.    
4 hour ago - MarketWatch.com
Large, devastating tornadoes sweep through Oklahoma City and neighboring towns, killing at least 51 people as they lay waste to numerous buildings, including more than one elementary school.
5 hour ago - CNBC
Retailers are a highlight Tuesday, but the Fed will remain the focus all week.
5 hour ago - Yahoo! News: Business News
WASHINGTON (AP) — Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
5 hour ago - MarketWatch.com
HONG KONG (MarketWatch) -- Japan's Economy Minister Akira Amari said Tuesday he hopes yen's foreign-exchange levels will settle at a level that corresponds with the relative strength of the domestic economy, according to a report. "I hope [fore . . .
3 hour ago - money.cnn.com
Apple remains the top global brand with an estimated value of $185 billion, according to an annual ranking by WPP and Millward Brown. Which other companies have brands worth billions?
5 hour ago - Yahoo! News: Business News
By Karen Freifeld and David Henry (Reuters) - JPMorgan Chase & Co , under pressure from New York officials, gave shareholders information about an upcoming vote that would increase oversight of Chairman and Chief Executive Jamie Dimon. But the . . .
9 hour ago - FOXBusiness.com
SIFMA, the U.S. securities industry's largest trade group, named former Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and U.S. Congress.
12 hour ago - CNBC
David Karp may be making a bundle on Tumblr, but he's not motivated by money, his father tells CNBC.
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