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Meg Whitman says HP's turnaround is under way; weak Chinese data creates market jitters; a corporate tax reform wish list; why the housing rebound may settle.
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NEW YORK, May 23- In an unusual move before a trial, a federal judge expressed a tentative view that the U.S. Justice Department will be able to show evidence that Apple Inc engaged in a conspiracy with publishers to increase e-book prices.
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Apple Inc. rose$. 79 or. 2 percent, to $442.14. Dell Inc. fell$. 02 or. 1 percent, to $13.35. Hewlett Packard Co. rose $3.63 or 17.1 percent, to $24.86.
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Meg Whitman says HP's turnaround is under way; weak Chinese data creates market jitters; a corporate tax reform wish list; why the housing rebound may settle.
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Apple Inc. rose $1.68 or. 4 percent, to $443.03. Dell Inc. rose$. 01 or. 1 percent, to $13.38. Hewlett Packard Co. rose $2.85 or 13.4 percent, to $24.08.
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Apple Inc. fell $3.41 or. 8 percent, to $437.94. Dell Inc. rose$. 02 or. 1 percent, to $13.39. Hewlett Packard Co. rose $2.42 or 11.4 percent, to $23.65.
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LANSING, Mich.-- Michigan Attorney General Bill Schuette says state residents will receive about $4.3 million as part of a nationwide settlement in an e-book price-fixing case. He says Michigan consumers will share about $4.3 million from Penguin, Hachette Book Group, HarperCollins, Simon& Schuster and Holtzbrinck Publishers.
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Sen. Ron Johnson, (R-WI), sits on the subcommittee that heard testimony from Apple earlier this week.
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The attention this week on the ability of Apple and other prominent American corporations to avoid corporate taxes through offshore tax arrangements obscures a perhaps more significant development, highlighted by Luxembourg's abrupt retreat from banking secrecy, the NYT reports.
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BRUSSELS, May 23- Large companies should disclose how much tax they pay in each country where they operate, the European Commission's top regulatory official said, in the text of a speech to be delivered on Thursday.
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Indian businesses don't want to lose out on the opportunities provided by the burgeoning trade between China and India, and the first step is to start learning Mandarin.
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HONG KONG, May 23- Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.
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WASHINGTON, May 22- For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world.
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Apple Inc. rose $1.69 or. 4 percent, to $441.35. Dell Inc. fell$. 02 or. 1 percent, to $13.37. Hewlett Packard Co. rose$. 12 or. 6 percent, to $21.23.
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HONG KONG, May 23- Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.
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*Austria to end bank secrecy for foreigners this year. BRUSSELS, May 22- Europe edged closer to lifting banking secrecy on Wednesday after Austria said it was ready to share data on foreign depositors but Vienna's support could fade should efforts to strike a similar deal with Switzerland fail.
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Goldman Sachs revealed the stocks most popular with the nearly $2 trillion hedge fund industry. The so-called VIP list has outperformed the S&P 500 this year.
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DUBLIN, May 22- Ireland's finance minister said on Wednesday the country did not want to become the' whipping boy' for what he called a flawed U.S. Senate report into the level of corporate tax Apple Inc pays in Ireland.
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Apple Inc. rose $5.88 or 1.3 percent, to $445.54. Dell Inc. rose$. 01 or. 1 percent, to $13.41. Hewlett Packard Co. rose$. 43 or 2.0 percent, to $21.54.
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Discussing whether other companies will jump on the Apple tax bandwagon, with CNBC's Seema Mody.