EU to launch probe into Apple’s Irish tax deal: report
DUBLIN (Reuters) – The European Commission will launch a formal investigation on Wednesday into Apple Inc’s tax arrangements in Ireland, Irish state broadcaster RTE reported, without naming its source.
Exclusive: Amazon.com plans local services marketplace this year – sources
SAN FRANCISCO (Reuters) – Amazon.com Inc later this year plans to launch a marketplace for local services, a broad term that encompasses anything from babysitters to handymen to birthday clowns, beginning with a single market, several people familiar w…
You say tomato? Ford says tom-auto in eco parts quest
LONDON (Reuters) – Auto maker Ford Motor Co is looking to add a new environmental option to its tool box. Tomatoes.
U.S. small business, jobs data bolster growth picture
WASHINGTON (Reuters) – The U.S. economy has decisively turned the corner with small business confidence hitting its highest level in more than 6-1/2 years in May and the number of jobs available rising to pre-recession levels in April.
Allergan rejects Valeant and Ackman’s raised takeover offer
(Reuters) – The battle for botox maker Allergan Inc heated up on Tuesday as the company officially rejected a sweetened $53 billion takeover offer from Valeant Pharmaceuticals International and activist investor William Ackman.
Battle over Airbus A330 revamp may pressure jet prices
PARIS (Reuters) – The world’s top two planemakers are heading towards a showdown over the prices of their smaller twin-aisle airliners as Airbus draws closer to a decision to revamp its 20-year-old A330 model.
Wall St. edges up, lifted by mergers, acquisitions
NEW YORK (Reuters) – (This story fixes Rex Macey’s job title and firm’s name, which both changed recently, to chief allocation officer at Wilmington Trust Investment Advisors from chief investment officer at Wilmington Trust, in this U.S. stock report …
ECB policymakers say can do more if needed
HELSINKI/BRATISLAVA (Reuters) – European Central Bank policymakers stressed on Tuesday that they could still do more to support the euro zone economy after last week announcing a package of measures to ward off the threat of deflation.
Gupta makes last-ditch bid to U.S. Supreme Court to avoid prison
NEW YORK (Reuters) – Former Goldman Sachs Group Inc director Rajat Gupta asked the U.S. Supreme Court to let him stay free while he appeals his insider trading conviction, in a last-ditch bid to avoid beginning his two-year prison term on June 17.
Wells Fargo loses bid to avoid lawsuit over FHA mortgage loans
WASHINGTON (Reuters) – A U.S. appeals court on Tuesday rejected Wells Fargo & Co’s WFC.N attempt to avoid litigation over government allegations of misconduct related to home mortgage loans issued by the Federal Housing Administration.
