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U.S. markets news

Apple's Taxes Expose the Rotten US Code
When Apple Inc.'s chief executive officer, Tim Cook, bragged to a U.S. Senate subcommittee this week about his company's culture of innovation, he probably hoped people would think of Apple's gadgets, not its tax strategies.
Finding the Economic Roots of Apple's Taxable Product  New York Times
Senators to Apple: We Love the iPhone  Wall Street Journal
Boston.com   Related articles »  
How Washington humbled JP Morgan Chase chief Jamie Dimon
Jamie Dimon, chairman and chief executive of JPMorgan Chase, on Tuesday won a vote of confidence from shareholders that he deserves to keep both his titles.
Dimon performance well choreographed  Financial Times
JPMorgan's Dimon keeps chairman, CEO jobs  AFP
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Herbalife hires PwC as new auditor, shares up
By Martinne Geller. Tue May 21, 2013 4:11pm EDT. (Reuters) - Herbalife Ltd (HLF.N) said on Tuesday it has engaged PricewaterhouseCoopers LLP PWC.
Herbalife chooses PricewaterhouseCoopers as new auditor  Los Angeles Times
Herbalife Hires Pricewaterhouse-Coopers as Auditor  New York Times
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Markets Gain on Remarks by a Fed Official
Stocks moved higher on Tuesday, with Home Depot at a record high and buoying the blue chips, while investors awaited Congressional testimony from the Federal Reserve chairman, Ben S. Bernanke, on Wednesday.
US STOCKS-Dow, S&P end at records on Fed officials' reassurance  Reuters
US stocks close at fresh high  Financial Times
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Bernanke Expected to Deliver Dovish Message - CNBC.com
Federal Reserve Chairman Ben Bernanke is expected to maintain his dovish tone when he speaks to Congress Wednesday, and he is likely to dispel any notion that the Fed is ready to cut back on its easing policy.
CANADA FX DEBT-C$ softer as focus turns to Bernanke testimony  Reuters
US Dollar Outlook Hinges on Bernanke's Testimony  Wall Street Journal
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Fannie Mae Said to Plan $2 Billion CMBS Offering to Cut Holdings
Fannie Mae plans to sell $2 billion of commercial-mortgage bonds issued before the credit market seizure as it seeks to reduce holdings of illiquid assets, according to three people familiar with the offering.
Fannie Mae, Freddie Mac 2013 bill sale calendar  Reuters
Fannie Mae Sees Economic Growth Accelerating in Second-Half of Year  Wall Street Journal
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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.
NYC Judge Rules Airbnb Rental Is An �Illegal Hotel�  TIME
New York City issues $2400 fine for renting on Airbnb, but the law is still ...  The Verge
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GrubHub to Merge With Seamless as Food Orders Go Mobile
GrubHub Inc. and Seamless North America LLC, two of the top food-delivery websites in the U.S., have agreed to combine their companies to take on rivals in the growing market for online meal orders.
GrubHub, Seamless to combine online food ordering businesses  Chicago Tribune
Seamless And GrubHub Confirm Merger, GrubHub Co-Founder Maloney To ...  TechCrunch
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NetApp speeds up share buyback, starts dividend
By Lehar Maan and Sagarika Jaisinghani. Tue May 21, 2013 6:18pm EDT. (Reuters) - Data storage equipment maker NetApp Inc (NTAP.O), under pressure from activist shareholder Eliott Management, said it would spend about $1 billion in the next four ...
NetApp Plans Job Cuts While Paying Dividend, Buying Back Shares  Businessweek
After-Hours Buzz: Merck, Saks, Intuit, NetApp & More - CNBC.com  CNBC.com
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Sony Increases on Report Company May Discuss Spinoff (1)
Sony Corp. (6758) rose as much as 10 percent in the U.S after Japan's Nikkei newspaper reported the company's board may discuss spinning off its entertainment division.
Is Sony un-Japanese enough to entertain change?  Reuters India
Spinoff Proposal Talk Sends Sony Shares Higher - CNBC.com  CNBC.com (blog)
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