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By Laura Litvan |
May 20, 2013
Apple Inc. CEO Tim Cook will face off against U.S. senators leveling accusations that the iPhone maker is avoiding paying billions of dollars in U.S. taxes.
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By Ben Moshinsky |
May 20, 2013
The top U.K. markets regulator criticized a European Union cap on banker bonuses as the bloc’s banking watchdog prepares to expand the limits.
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By Michelle Jamrisko and Aki Ito, Bloomberg |
May 20, 2013
Federal Reserve Bank of Chicago President Charles Evans said the U.S. economy has improved “quite a lot” as the central bank maintains record stimulus.
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By Douglas MacMillan, Bloomberg |
May 20, 2013
Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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By Alexis Xydias, Bloomberg |
May 20, 2013
The most-indebted U.S. companies are rallying more than any time in almost four years compared with the rest of the stock market amid the broadest rally since at least 1995.
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By Cordell Eddings, Bloomberg |
May 20, 2013
The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades.
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By Kevin Dugan and Sridhar Natarajan |
May 18, 2013
JPMorgan Chase & Co. is capitalizing on growing investor appetite for risky assets by selling securities betting on corporate debt.
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By Gonzalo Vina |
May 18, 2013
An independent Scotland would have a banking system too big to save in the event of a crisis, the U.K. Treasury said.
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By Lorraine Woellert, Bloomberg |
May 17, 2013
Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
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By Michael McFarlin |
May 17, 2013
A look at new products and services around the trading world.