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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 Charles Mead and Sarika Gangar, Bloomberg |
April 30, 2013
Apple Inc., the iPhone maker seeking to help finance a $100 billion capital reward for shareholders with borrowed money, may sell its first bonds in almost two decades as soon as today with a six-part offering.
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By Matthew Brown and Whitney Kisling, Bloomberg |
April 29, 2013
Stocks climbed, with the Standard & Poor’s 500 Index returning above its record closing level, after U.S. home sales increased and investors speculated central banks will continue to stimulate the economy.
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By Lu Wang, Whitney Kisling and Eric Lam, Bloomberg |
April 23, 2013
A false report of explosions at the White House that wiped out $136 billion from the Standard & Poor’s 500 Index in about two minutes highlighted the risks of the computerized trading that dominates the $18 trillion market.
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By Nikolaj Gammeltoft and Stephen Kirkland, Bloomberg |
April 19, 2013
U.S. stocks rose, paring the biggest weekly drop for the Standard & Poor’s 500 Index since November, amid better-than-estimated earnings and Group of 20 nation talks aimed at bolstering the global economy.
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By Adam Ewing, Bloomberg |
April 18, 2013
Nokia Oyj, the Finnish mobile-phone maker seeking a comeback, reported its smallest quarterly revenue in 13 years as handset demand waned, missing analysts’ estimates and sending its stock down as much as 13%.
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By Amy Thomson, Bloomberg |
April 11, 2013
Microsoft Corp. tumbled the most in five months after Goldman Sachs Group Inc. said personal- computer market-share losses are accelerating and its push into consumer electronics hasn’t gained traction.
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By Lu Wang and Lindsey Rupp, Bloomberg |
April 8, 2013
U.S. stocks rose, after the biggest weekly drop of the year for the Standard & Poor’s 500 Index, as investors awaited Alcoa Inc.’s financial release to mark the beginning of the earnings season.
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By Alex Kowalski, Bloomberg |
March 8, 2013
Payrolls increased more than forecast in February and the jobless rate unexpectedly fell to a five-year low of 7.7%, a sign U.S. employers were undaunted by the budget impasse in Washington.
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By Cornelius Rahn, Bloomberg |
February 20, 2013
Apple Inc. has kept its power to determine the course of consumer electronics even as it faces tougher competition in mobile phones and tablets, said Steve Wozniak, who co-founded the company with Steve Jobs in 1976.
