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U.S. markets news

Google Joins Apple Avoiding Taxes With Stateless Income
U.S. Senate scrutiny of Apple Inc.'s tax strategies turned the spotlight on a unit with $30 billion in profit since 2009 that's incorporated in Ireland, controlled by a board in California, and doesn't pay taxes in either place.
Apple Case Seen as Possible Spur to Tax Action  ABC News
Multinationals' Scanty Tax Pay Angers UK  Wall Street Journal
The Atlantic   Related articles »  
Dimon Wins as JPM Shareholders Reject CEO-Chairman Split
JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon won more investor support this year than in 2012 to remain chairman, surviving a push to divide the roles after the biggest U.S.
Vote Strengthens Dimon's Grip  Wall Street Journal
Dimon clings to JPMorgan chairman title, after fight  Reuters
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Bank of Japan maintains policy, cheers Abenomics
Japan's central bank pledged Wednesday to maintain its ambitious quantitative easing program, saying that economic conditions in the country are improving.
UPDATE 1-BOJ holds steady despite bond turmoil, upgrades economic outlook  Reuters
BoJ holds amid signs of economy 'picking up'  Financial Times
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Can Bernanke Rein in Those Dollar Bulls? - CNBC.com
The U.S. dollar has been on a roll since talk of the Federal Reserve unwinding its aggressive monetary stimulus program gathered pace about a fortnight ago.
Bernanke Testimony to Be Studied for...  ABC News
TREASURIES-Bonds supported after dovish Fed comments  Reuters
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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 Said to Sell Boom-Era CMBS to Reduce Holdings (1)  Businessweek
Fannie Mae, Freddie Mac 2013 bill sale calendar  Reuters
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Japan posts its tenth straight trade deficit in April
Japan has posted its tenth straight monthly trade deficit as a weaker yen increased the cost of imports more than it helped boost exports.
Japan posts worst April trade deficit  AFP
Nikkei climbs to five-and-a-half-year high before BOJ, Sony soars  Reuters India
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Mortgage settlement brings relief to 25K in Illinois
More than 25,000 Illinois residents have received approximately $1.8 billion from the landmark national mortgage settlement, but servicer compliance with the pact remains an issue for several companies, according to a report from the settlement's ...
Mortgage aid in Massachusetts at $610 million  Boston Globe
North Carolina mortgage relief reaches $410 million under settlement  Charlotte Observer
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Home Depot's First-Quarter Earnings Exceed Expectations
Home Depot's first-quarter net income rose 18 percent, with help from the housing recovery, despite a chilly and wet spring. Add to Portfolio.
United States: Stocks ride on positive earnings by Home Depot, Dudley comments  Business Standard
UPDATE 3-Housing recovery boosts Home Depot results; outlook raised  Reuters
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Buffett, With His Magic Touch, May Be Irreplaceable - CNBC.com
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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Sony Said to Prepare Taking Entertainment Spinoff Plan to Board
Sony Corp. (6758)'s board will evaluate a proposal by Daniel Loeb's Third Point LLC to spin off part of its entertainment business, according to a person familiar with the matter.
Is Sony un-Japanese enough to entertain change?  Reuters India
Nikkei: Sony To Evaluate Spin-off Proposal For Entertainment Business  RTT News
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