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Lawmakers grill Apple execs over tax strategy
WASHINGTON — Apple Inc. Chief Executive Tim Cook was supposed to face a hostile Capitol Hill crowd but instead he wielded the company's popularity like a shield to deflect some of the most aggressive questioning over the company's...
Tags: U.S. Senate Committee on Finance, Corporate Officers, Apple Inc., U.S. Congress, Tim Cook
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JPMorgan's Jamie Dimon survives vote to strip him of chairman role
NEW YORK – Jamie Dimon survived a bruising fight to strip him of his chairmanship, but directors at JPMorgan Chase & Co. may still have to calm restive shareholders. Dimon, JPMorgan's savvy chairman and chief executive, easily beat a proposal to...
Tags: Public Employees, Tampa, Corporate Officers, Finance, Bank of America Corp.
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United Talent Agency shoots for the stars with new screening room
The numbers on United Talent Agency's new 130,000-square-foot Beverly Hills digs are notable. The Civic Center Drive property includes a 158-piece art collection, 11 conference rooms and a private plaza that can accommodate as many as 500 people....
Tags: Movies, Entertainment, Artists, Corporate Officers, Channing Tatum
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Five things at stake for Apple at Senate tax hearing
Apple hardly seems the invincible name it was just one year ago. Faced with slower growth, a badly bruised stock price and questions about its innovation leadership, the company has plenty of fights on its hand. And now it has a new foe attempting to...
Tags: Politics, Corporate Officers, John T. Chambers, U.S. Congress, Tim Cook
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Apple CEO Tim Cook to senators: 'We don't depend on tax gimmicks' [video chat]
WASHINGTON -- Apple CEO Tim Cook defended the company's tax avoidance strategies in an appearance Tuesday before the U.S. Senate’s Permanent Subcommittee on Investigations. Wearing a business suit, white shirt and powder blue tie, Cook read an...
Tags: Kelly Ayotte, Politics, Ron Johnson, Corporate Officers, Claire McCaskill
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Home Depot boosts profit, sales as housing market improves
Spring was waiting in the wings longer than expected, but the recuperating housing market was enough to boost Home Depot Inc.’s first-quarter earnings above Wall Street’s expectations. For the period ended May 5, the largest home-improvement...
Tags: Land Price, The Home Depot, Economy, Business and Finance, Earnings Forecasts, Quarterly or Semiannual Financial Statements
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Yahoo's challenge to be building Tumblr's advertising business
SAN FRANCISCO — To punctuate his company's $1.1-billion purchase by Yahoo Inc., Tumblr co-founder and Chief Executive David Karp let loose in a blog post with a celebratory expletive. It was classic Karp, a 26-year-old high school dropout who...
Tags: Marketing, YouTube, Corporate Officers, Culture, Social Sciences
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Report: Apple avoided billions in U.S. taxes on foreign income
This post has been corrected. See the note at the bottom for details WASHINGTON -- Apple Inc. has used an elaborate web of offshore subsidiaries to avoid paying billions of dollars in U.S. taxes on $44 billion in foreign income over the past four years,...
Tags: Barack Obama, Hewlett-Packard Co., Apple Inc., Tim Cook, White House
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Apple tries not to stand out in the tax-avoidance crowd
Apple found itself in the uncomfortable position Monday of being labeled a corporate bad guy, drawing fire from senior senators in both parties for using subsidiaries in Ireland to reduce its tax bill. But if Apple has its way, its bitter rival Google...
Tags: Computing and Information Technology Industry, Politics, Crime, Law and Justice, U.S. Congress, Republic of Ireland
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Apple skirts U.S. taxes, panel finds
WASHINGTON — Apple Inc., one of the most successful and valuable companies on the planet, will be tested Tuesday when Chief Executive Tim Cook testifies about the company's controversial tax practices before a hostile Senate subcommittee. Should...
Tags: Barack Obama, Apple Inc., Tim Cook, U.S. Congress, Earnings
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Seamless, GrubHub to merge online takeout ordering services
That deep dish pizza or juicy burger from the restaurant you’re just too busy (or lazy) to drive to yourself could be within reach, as major online takeout ordering services Seamless North America and GrubHub Inc. move to combine into a single...
Tags: Foods and Beverages, Corporate Officers, Restaurants, Dining and Drinking, Economy, Business and Finance
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Enron's Jeff Skilling doesn't deserve a break
As if you didn't know this already, we're coddling criminals in America. By that I don't mean the petty drug dealers, three-strikes necklace-snatchers and other mooks filling up our state prisons; many of them are doing hard time. I'm talking about...
Tags: Conservation, Countrywide Financial Corp., Corporate Officers, Insider Trading, Crime, Law and Justice
May 22, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Los Angeles Times
May 21, 2013
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May 21, 2013
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May 21, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Los Angeles Times
May 20, 2013
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May 20, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| Los Angeles Times
May 17, 2013
|Column| Los Angeles Times
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