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U.S. markets news

EU leaders shine spotlight on Amazon, Google over tax policy
By Luke Baker. BRUSSELS | Wed May 22, 2013 6:40am EDT. BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the ...
Apple Tax Case Is Toxic Political Issue  Wall Street Journal
How Apple scores its lower tax bill  CNNMoney
New York Times   Related articles »  
Sony Board Discussing Loeb's Entertainment IPO Proposal
Sony Corp. (6758) directors are discussing whether to adopt billionaire Daniel Loeb's proposal for an initial public offering of its entertainment business, a week after the TV maker said the assets weren't for sale.
Sony board examines hedge fund spin-off plan  AFP
Sony to discuss investor Daniel Loeb's spin-off plan  BBC News
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Japan's BoJ holds policy as economy improves
The Bank of Japan kept monetary policy unchanged on Wednesday on the basis that the big stimulus package unveiled in April would spur growth and lift prices.
Why BOJ Was Right Not to Talk Up Bonds  CNBC.com
Japan holds steady, vows market steps to curb bond turbulence  Globe and Mail
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Obama's Fannie Mae Pick Watt Faces Fight Imperiling Housing Deal
As a North Carolina congressman, Mel Watt has tried to arm struggling homeowners with a legal �sledgehammer� against lenders and expand the ranks of people eligible to cut their mortgage principal.
Fannie Mae, Freddie Mac 2013 bill sale calendar  Reuters
Fannie Mae Said to Sell Boom-Era CMBS to Reduce Holdings (1)  Businessweek
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Vote Strengthens Dimon's Grip
TAMPA, Fla.� James Dimon tightened his grip on the nation's largest bank on Tuesday as shareholders of J.P. Morgan Chase & Co.
Strong Lobbying Helps Dimon Thwart a Shareholder Challenge  New York Times
JPMorgan's Jamie Dimon survives vote to strip him of chairman role  Los Angeles Times
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Stocks: Looking to Bernanke
Investors are awaiting clues about whether the central bank will continue to pump money into the financial system. "Financial markets are addicted to [quantitative easing] and the idea of going cold turkey, or simply reducing the second dose, is unappealing," ...
Dollar, German bond yields ease before Bernanke  Reuters
Gold Advances on Stimulus Speculation Before Bernanke  Bloomberg
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Monitor Checking Into Violations of Mortgage Settlement
At the same time Wells Fargo Bank of America and J.P. Morgan Chase sa id they had completed their obligation under the settlement.
BofA, JPMorgan say they have fulfilled mortgage settlement terms  Los Angeles Times
Mortgage settlement brings relief to 25K in Illinois  Chicago Tribune
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Ford to Increase North American Output
Ford Motor Co. plans to increase its North American manufacturing capacity by 200,000 vehicles in 2013 through a series of production-line expansions and a shortening of its normal summer shutdown by a week at several plants.
Ford Adding 200000 to Capacity as Fusion, F-Series Gain  Bloomberg
US automakers holding off on summer factory shutdowns as demand increases  Washington Post
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Obama's day: IRS and music - USA Today
President Obama and aides will be spending time Wednesday paying attention to Capitol Hill. Obama's meetings today include one with Treasury Secretary Jack Lew, and one of their topics is likely to be the investigation into IRS targeting of Tea Party and ...
Regulators to Vote on Nonbanks  Wall Street Journal
Lew Says IRS Actions Were 'Unacceptable and Inexcusable'  Bloomberg
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NY official: Airbnb stay illegal; host fined $2,...
An administrative law judge decides that a man leasing a condo broke New York's laws after he rented out part of his home on Airbnb.
New York City issues $2400 fine for renting on Airbnb, but the law is still ...  The Verge
Airbnb rentals ruled illegal in New York City  Los Angeles Times
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