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JPMorgan Averts CEO/Chair Job Split in Early Count
Europe Stock Market News, Business News, Financial, Earnings, World Market News and Information
Europe Top News
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Falling corporation tax has been a key driver of profitability over the last two decades, increasing pressure on CEOs to reduce their company's tax bill, Markit's Will Duff-Gordon told CNBC on Tuesday.
Highlights
After 123 days being grounded, Boeing Dreamliners are about to once again make commercial flight in the United States. |
More than 8,000 French households' tax bills topped 100 percent in 2012, a French newspaper reported. |
Nationalist and isolationist movements will increasingly come to the forefront in Western nations, according to HSBC's chief economist. |
Inflation in Britain will peak over the summer Ernst & Young warned on Monday. |
There are no signs of a turnaround for the euro zone after six straight quarters of recession, and even once mighty Germany is struggling. |
Europe Top News
Editor's Picks
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Rumors that Brazil's social security fund,Bolsa Familia, was to be cancelled led thousands of people to withdraw money from Brazilian banks over the weekend.
CNBC Meets
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London's Mayor accused the former government of leaving young people without the skills to challenge migrants.
Coming Up On CNBC
Technology
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The board of Yahoo agreed on Sunday to buy the popular blogging service Tumblr for about $1.1 billion in cash, a signal of how the company plans to reposition itself as the technology industry makes a headlong rush into social media, the NYT reports.
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Dell Inc. tells suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself.
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ZenoRadio takes advantage of a loophole in the Telecommunications Act of 1996 to provide a radio service to mostly immigrant customers.
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Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.
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Investors had every reason not to trust the market after last year's Facebook fiasco—a high-profile IPO gone bad on multiple levels. Yet trust is coming back.
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Dell reported earnings that fell far shy of market forecasts but revenue came in better than expected. Shares were little changed after-hours.
Finance
NetNet With John Carney
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All attention will be on JPMorgan Chase's Chairman and CEO Jamie Dimon as he takes the stage Tuesday morning during the bank's annual shareholder meeting in Tampa, Florida.
By the Numbers
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The Dow is up nearly 22 percent since mid-November. Many think the market's overdue for a pullback, but historical correlations indicate that it may not be.
Opinion
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The low-cost advantage that China once enjoyed (at least in the East Coast cities called the Gold Coast) is starting to fade. The Chinese are beginning to outsource to India and Africa.
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According to a CBO report, tax hikes outweigh spending cuts by 6-1. Henry Blodget, Business Insider, and Jim Pethokoukis, American Enterprise Institute, discuss.
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Larry Kudlow says there's only one possible solution to clean up the IRS mess — a special counsel.
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Abe will have a tough job trying to convince his G-8 colleagues next month that his "three arrows" stimulus program is not just a subterfuge to boost exports, says this economist.
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Gov. Pence, (R-IN), says Congress needs to hold the Obama administration accountable on the IRS scandal.
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CNBC's Rick Santelli explains the need for balance when deciphering budget deficits; natural gas supplies; and IRS snooping on conservative groups.