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Apple's CEO is disputing assertions that the company evades billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
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Many companies are borrowing money for projects using tax-exempt bonds called qualified private activity bonds, costing federal taxpayers hundreds of millions of dollars, the New York Times reports.
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A celebrity or historic event associated with an ordinary item can add incredible value to it. But how do you know it's true?
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Martha Stewart is back in court today, caught in the middle of a legal battle between Macy's and JC Penney. Also, one of JCP's largest shareholders is selling a chunk of the company's stock, reports CNBC's Courtney Reagan.
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Europe's car market is facing a precipice and the region's shrinking demand shows little signs of recovery this year, Carlos Ghosn CEO of Renault Nissan, told CNBC Tuesday.
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The U.S. services sector grew in February and topped Wall Street's estimates, the ISM non-manufacturing index showed.
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Oil prices could continue to feel pressure, if the global economy turns out to be weaker than expected and oil production continues to grow in places like the U.S., Brazil and Iraq, according to James Burkhard, vice president and head of oil market research at IHS.
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While a trader known as the "London whale" has come to represent a multibillion-dollar blowup at JPMorgan Chase, Congressional investigators have discovered that the problems involved more senior levels of the nation's largest bank. The New York Times reports.
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Haruhiko Kuroda will likely make some progress in defeating deflation. At least, he should make some progress in weakening the yen. A forex trader explains why.
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A 10 million share block of JCPenney was being shopped by Deutsche Bank.
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Stephan Winkelmann, CEO of Lamborghini, tells CNBC that without going global it is very difficult for any manufacturer - luxury or mass market - to be successful.
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Venezuelan President Hugo Chavez's breathing problems have worsened and he is suffering from a "severe" new respiratory infection as he struggles to recover from cancer surgery.
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Europe's much-vaunted trading tax hit an early hurdle on Friday, when the introduction of a small-scale version in Italy saw trading volumes plummet. What's more, analysts warn that Italy's new tax will drive investors elsewhere and will fail to raise any revenue.
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A Facebook shareholder filed suit over the company's botched initial public offering and is seeking to hold Chief Executive Mark Zuckerberg, directors, and officers responsible for the damage.
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Fannie Mae and Freddie Mac will form a joint venture for securitizing home loans that could end up replacing the two government-controlled mortgage finance giants.
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The Dunlop and Goodyear plants near Amiens in northern France chose different destinies four years ago when Dunlop's unions accepted tougher labor conditions.
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Standard Chartered reported pre-tax profit of $6.88 billion for 2012, an increase of 1 percent from a year earlier but below analyst expectations.
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The City of London's big banks are considering suing the EU over rules to cap bonuses after receiving legal advice that the pay regulation could be struck down in court. The Financial Times reports.
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McLaren unveiled the P1 at the Geneva Motor Show. The car will retail at $1.3 million and can reach 218 miles per hour.
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China put its fast-growing consumer class at center-stage as outgoing Premier Wen Jiabao set out a reform plan on Tuesday to spread the fruits of economic growth more evenly.
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Shares in Google hit an all-time high in intraday trading on Monday as Apple shares continued to fall. Some say this signals Google is taking Apple's place.
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Editor's Picks
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Plunking down $1.1 billion for blogging platform Tumblr was easy, now Yahoo has to not "screw it up," NBC reports.
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If Facebook wanted to buy Tumblr, it would have bought Tumblr. But Tumblr has a mobile problem.
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Brazil faced a minor bank run, but one analyst said the real issue facing the country is its runaway credit boom.
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Executive Edge
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Yahoo's bold bet on Tumblr, Dallas Fed President Richard Fisher on easing, SAC Capital talks with government fall apart.
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A brief on the biggest stories of the day, as covered by CNBC.
Off the Cuff
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Super-Chef Batali: Here’s How I Built My Brand
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Matt Ryan, the Atlanta Falcons quarterback is expected to become the NFL’s next $100 million player.
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Politics
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Republicans target Health and Human Services Secretary Kathleen Sebelius for her soliciting of funds on behalf of a non-profit group.
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The White House said it was told on April 24 about the preliminary findings that IRS targets conservative groups.
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A sudden improvement in the outlook for the U.S. government deficit over the next decade has alleviated some of the pressure on lawmakers to act.