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U.S. markets news

Apple Tax Bill Overstated to Investors
Apple Inc.'s real tax bill isn't as big as the one it reports to its investors. Among the findings of an investigation by the Senate's Permanent Subcommittee on Investigations are figures that show Apple's reported taxes substantially exceed the sum it actually ...
Apple's Taxes Expose the Rotten US Code  Bloomberg
Finding the Economic Roots of Apple's Taxable Product  New York Times
Globe and Mail   Related articles »  
Dollar Lower After Two-Day Drop Versus Euro Before Bernanke
The dollar remained lower after a two-day drop against the euro before Federal Reserve Chairman Ben S. Bernanke addresses Congress amid concern he will disappoint expectations for a paring back of monetary stimulus.
Bernanke Expected to Deliver Dovish Message - CNBC.com  CNBC.com
Dollar dips vs euro before Bernanke testimony; yen weakens  Reuters
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Jamie Dimon's Pyrrhic Victory
Just over two-thirds of JPMorgan Chase shareholders voted to keep him as both chairman and chief executive at the bank's annual meeting in Tampa, Fla.
Dimon performance well choreographed  Financial Times
JPMorgan's Dimon keeps chairman, CEO jobs  AFP
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Herbalife hires PricewaterhouseCoopers as new accounting firm after previous ...
The nutrition company's previous auditor KPMG resigned last month after insider trading allegations against a rogue executive of the accounting firm.
Herbalife hires PwC as new auditor, shares up  MSN Money
Is a New Auditor Just the Supplement Herbalife Needs?  Wall St. Cheat Sheet
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Buffett, With His Magic Touch, May Be Irreplaceable
Acquisitions usually come with a nice premium for the seller. But when Warren E. Buffett is the buyer, there is typically something of a discount.
Buffett Jets Chief Says US Leads Private-Flight Rebound  Bloomberg
Wells Fargo overtakes Coke as Buffett's favorite  MarketWatch
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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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Scandal or not, one SAC investor can't get enough of Steve Cohen
BOSTON/NEW YORK - As federal prosecutors circle Steven A. Cohen's $15 billion hedge fund in a long-running insider trading probe, one financial adviser in Texas is so devoted to the billionaire investor that he may give him more money.
Prosecutors consider using racketeering law against SAC: source  Reuters
SAC Capital Aims to Stem Withdrawal Requests  New York Times
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Goldman raises S&P 500 targets through 2015
Improving economic growth, rising dividends and potentially low interest rates. It's all good for Wall Street and the stock market.
Goldman Sachs Turns Even More Bullish on Stocks  Wall Street Journal (blog)
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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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Markets Celebrate Another Tuesday
Stocks carried on in their winning ways Tuesday, as investors cheered signals the Federal Reserve remains far from winding down its bond purchases and a bullish stock-market outlook from Goldman Sachs.
Stocks move higher to new record highs - USA Today  USA TODAY
US market rises on Fed comments  ABC Online
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