Apple CEO Wants to Repatriate Cash, at Lower Tax Rate by DailyFinance Staff May 17th 2013 11:45AM Apple pushes for a major tax change that it says will boost the U.S. economy: CEO Tim Cook plans to call on Congress next week to dramatically simplify corporate tax laws.
J.C. Penney's Latest Earnings Confirm Grim Warning by DailyFinance Staff May 17th 2013 9:00AM J.C. Penney had said its quarterly results would be weak. They were, and then some. The retailer posted a loss more than double the deficit of last year, and sales fell 16%.
Wall Street Sags After Fed Comments, But Cisco Surges by Reuters May 16th 2013 4:55PM U.S. stocks fell on Thursday, with the downturn accelerating after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer.
Groupon Co-CEO Ted Leonsis: We Can Be a $100 Billion Company by Business Insider May 16th 2013 4:40PM Groupon co-CEOs Eric Lefkofsky and Ted Leonsis have some interesting visions for the future of their daily deals company.
CEO Pay Rises Modestly, Still Dwarfs Workers' by DailyFinance Staff May 16th 2013 12:10PM A survey of major companies says CEO pay rose just 3.6% from the year before, not all that much different than the 2.3% pay hike given to the average worker. And yet...
S&P Downgrades Berkshire Hathaway Rating by The Associated Press May 16th 2013 10:00AM Standard & Poor's cut a major rating for Warren Buffett's Berkshire Hathaway, saying the move better reflects the company's dependence on its core insurance operations.
Facebook IPO Scammers Arrested by DailyFinance Staff May 16th 2013 8:45AM Federal officials in New Jersey have charged three men with scamming an investor in New Zealand into paying $3 million for Facebook shares he never received.
Dow, S&P 500 End At Record Highs Again by Reuters May 15th 2013 5:15PM The Dow and S&P 500 hit new all-time highs Wednesday in a broad market rally as the recent upward momentum persisted. The Nasdaq too hit its highest level since November...
John McCain Pushes for a la Carte Cable by DailyFinance Staff May 15th 2013 12:00PM Sen. John McCain is pushing a bill to allow TV viewers to pay for only the channels they watch. He says consumers would save money if cable companies weren't able to bundle.
Google CEO Larry Page Discloses Health Condition by DailyFinance Staff May 15th 2013 9:00AM Google CEO Larry Page is suffering from a rare and chronic medical condition, a paralysis of both vocal chords. Page says it's improving, and he continues to run the company.
Deere Posts Higher Earnings, but Warns of Challenges by Reuters May 15th 2013 7:41AM Deere reported higher quarterly earnings Wednesday and forecast a record profit for the full year, but warned that it faces challenges.
Seven Fortune 500 Companies That Secretly Run Your Life by CNNMoney May 15th 2013 5:00AM These companies may not get a lot of attention, but they define the course of our lives in more ways than you might imagine.
Stock Markets Jump as Banks Lead Dow, S&P to New Highs by Reuters May 14th 2013 5:00PM U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will propel the rally further.
Networks, Losing Viewers, Show Advertisers New Schedules by DailyFinance Staff May 14th 2013 12:20PM Viewers are abandoning old TV networks in droves, yet advertisers are still willing to pay big bucks. CBS, NBC, ABC and Fox have all lost viewers, but ad revenue may increase.
15 Corporate Logos That Contain Subliminal Messages by Business Insider May 14th 2013 11:30AM Whether you're aware or not, brand logos speak to viewers on many levels. Take closer look at these well-known logos to discover their subtle and clever marketing tactics.
Carl Icahn Gives Himself the Nod for Directorship of Dell by DailyFinance Staff May 14th 2013 8:45AM Billionaire Carl Icahn has nominated himself and a slate of 11 others as directors at Dell. Icahn is leading an effort to block chairman Michael Dell from taking Dell private.
Sometimes, It's Better Not to Check Your Stock Portfolio by Dan Caplinger May 14th 2013 5:00AM Technology has made it easier than ever to keep constant tabs on every detail of your investments. But do you really need to micromanage your portfolio all day, every day?
Monsanto Wins GMO Seed Patent Fight at Supreme Court by The Associated Press May 13th 2013 12:50PM The Supreme Court said an Indiana farmer violated Monsanto patents on soybean seeds that are resistant to its weed-killer by growing additional crops without buying new beans.
Jamie Dimon to JPMorgan: You Need Me More Than I Need You by DailyFinance Staff May 13th 2013 9:25AM The Wall Street Journal reports JPMorgan CEO and Chairman Jamie Dimon has threatened to leave the company if shareholders vote the split up his two positions.
