Latest Business News From Peninsulaclarion.com
Updated: 1 hour 43 min ago
Apple case seen as possible spur to tax action
Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.
Categories: National News from the Associated Press
Bernanke testimony to be studied for policy clues
When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might soon taper _ or increase _ its support for the economy.
Categories: National News from the Associated Press
Asia stocks rise as Fed official backs easy policy
Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. central bank should stick with its super-easy monetary policy.
Categories: National News from the Associated Press
First Look: New Xbox elegant, but much unknown
Will gamers want One?
Categories: National News from the Associated Press
Senate panel approves immigration bill
Far-reaching legislation that grants a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters somberly sidestepped a controversy over the rights of gay spouses.
Categories: National News from the Associated Press
Japan's trade deficit hits $8.6B due to weaker yen
Japan's trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs.
Categories: National News from the Associated Press
Microsoft touts Xbox One as all-in-1 entertainment
Microsoft thinks it has the one.
Categories: National News from the Associated Press
Ex-Ford execs charged in Argentine torture cases
Three former Ford Motor Co. executives were charged Tuesday with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the country's 1976 military coup.
Categories: National News from the Associated Press
JPMorgan's Dimon survives shareholder referendum
Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank's board members.
Categories: National News from the Associated Press
Does France have right plan to revive its economy?
The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.
Categories: National News from the Associated Press
Senate panel approves immigration bill
Far-reaching legislation that grants a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters somberly sidestepped a controversy over the rights of gay spouses.
Categories: National News from the Associated Press
Apple's Cook faces Senate questions on taxes
The Senate dragged Apple Inc., the world's most valuable company, into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. taxes.
Categories: National News from the Associated Press
Stocks gain on reassurance from a top Fed official
Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday.
Categories: National News from the Associated Press
Best Buy reports 1Q loss on restructuring costs
Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
Categories: National News from the Associated Press
Lew: IRS actions "unacceptable and inexcusable"
Treasury Secretary Jacob Lew says the Internal Revenue Service's targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people accountable.
Categories: National News from the Associated Press
Committee nears final vote on immigration bill
Far-reaching immigration legislation neared a final committee vote on Tuesday as the White House and Democratic supporters sought to delay a showdown over the rights of gay spouses until a debate in the full Senate.
Categories: National News from the Associated Press
Microsoft touts Xbox One as all-in-1 entertainment
Microsoft thinks it has the one.
Categories: National News from the Associated Press
Poll: Teens migrating to Twitter
Twitter is booming as a social media destination for teenagers who complain about too many adults and too much drama on Facebook, according to a new study published Tuesday about online behavior. It said teens are sharing more personal information about themselves even as they try to protect their online reputations.
Categories: National News from the Associated Press
Ex-Ford execs charged in Argentine torture cases
Three former Ford Motor Co. executives have been charged with crimes against humanity in Argentina for allegedly targeting union workers for kidnapping and torture after the country's 1976 military coup.
Categories: National News from the Associated Press
Committee nears final vote on immigration bill
Far-reaching immigration legislation neared a final committee vote on Tuesday as the White House and Democratic supporters pressed the panel's chairman to delay a showdown over the rights of gay spouses until a debate in the full Senate.
Categories: National News from the Associated Press
