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1:06 PM - Tuesday, May 21, 2013
3 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 . . .
6 hour ago - Washington Post / Hayley Tsukayama
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 . . .
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.
4 hour ago - 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 - 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 . . .
3 hour ago - 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 - 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.
5 hour ago - Washington Post / Jena Mcgregor
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 . . .
4 hour ago - 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 - 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 - 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.
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