Other countries have long been annoyed by Irish tax laws, but the benefit to the struggling country’s economy means the rules are unlikely to change. The New York Times reports.
Yahoo CEO Marissa Mayer tells CNBC the $1.1 billion deal for Tumblr is "part of enhancing our growth story" and the company will remain independent, even under Yahoo's ownership.
As investors and analysts size up Yahoo's latest $1.1 billion acquisition, it is worth reflecting on the GeoCities deal, which has many similarities, the NYT reports.
In the wake of Yahoo's announcement on Monday that it's snapping up Tumblr for $1.1 billion, the attention has shifted to which companies could be next.
Ireland said on Tuesday it was not to blame for Apple's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits.
Shares of Sony moved higher Tuesday on heavy volume as reports circulated that it is considering a spinoff proposal from billionaire investor Dan Loeb.
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.
According to a CBO report, tax hikes outweigh spending cuts by 6-1. Henry Blodget, Business Insider, and Jim Pethokoukis, American Enterprise Institute, discuss.
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.