Publication: BusinessWeek

First reported 10 hours ago - Updated 13 mins ago - 4 reports

Ten Reasons Tim Cook Dominated Congress

"I think it’s important that we tell our story," Apple Chief Executive Officer Tim Cook told the Senate’s Permanent Subcommittee on Investigations on Tuesday. "I’d like people to hear it from me." That seemed a daunting task, since the story the senators ... [Published BusinessWeek - 9 hours ago]

Entities: Tim Cook, Apple Inc, Carl Levin, Taxes

First reported 7 hours ago - Updated 19 mins ago - 2 reports

Oklahoma Neighborhood Bands Together to Survive Deadly Tornado

As a mile-wide tornado chewed across Moore, Oklahoma, Sonnia Conway trusted her life to a bathtub at her house on Southwest 14th Street, squeezing in with pillows, blankets and her four dogs.She didn’t join the 30 other neighbors who rushed to Alma and ... [Published BusinessWeek - 2 hours ago]

Entities: Tornado, Oklahoma (United States), Eduardo Perez

First reported 8 hours ago - Updated 1 hour ago - 2 reports

IRS Internal Revenue Service

Shulman’s Above-Fray Posture to Get Test From Issa in IRS Probe

Former IRS Commissioner Douglas Shulman’s self-portrait of an executive intentionally distanced from political controversy will be tested today by House Republicans eager to uncover details about the tax agency’s scrutiny of small-government groups.Shulman, ... [Published BusinessWeek - 4 hours ago]

Entities: IRS Internal Revenue Service, Darrell Issa, Steven Miller

First reported 9 hours ago - Updated 1 hour ago - 2 reports

Royal Caribbean Vote Pits Chairman Against Biggest Shareholder

Royal Caribbean Ltd. (RCL)Investors vote today on a non-binding shareholder proposal calling for the elimination of staggered directors’ terms at Miami-based Royal Caribbean. The company opposes the plan, which would have each board member come up for ... [Published BusinessWeek - 1 hour ago]

Entities: Thomas Pritzker, Glass Lewis & Co, Stocks, Cynthia Martinez

First reported 15 hours ago - Updated 2 hours ago - 2 reports

Vietnam Signals Rate Pause as Bank Revamp Nears

May 22 (Bloomberg) -- Vietnam will find it "difficult" to cut interest rates further this year, central bank Deputy Governor Nguyen Dong Tien said as the nation moves to create an asset company that would clean up bad debt and revive growth. Oanh Ha reports ... [Published BusinessWeek - 2 hours ago]

Entities: Vietnam, Bloomberg TV

First reported 7 hours ago - Updated 7 hours ago - 2 reports

U.S. Cable Television Ratings for the Week Ended May 19

The following table lists the top 40 cable television shows for the week of 05/13/13 through 05/19/13. Programs are ranked by rating in descending order.To contact the reporter on this story: Rob Golum in Los Angeles at rgolum@bloomberg.netTo contact ... [Published BusinessWeek - 7 hours ago]

Entities: United States, Los Angeles

First reported 11 hours ago - Updated 8 hours ago - 2 reports

Tumblr Inc

Tumblr Makes NY History: Money Moves (05/21)

May 21 (Bloomberg) -- "Money Moves" brings insight to investors looking for alternatives Deirdre Bolton talks to the professionals in hedge funds, private equity, venture capital, angel investing and real estate. Find out where they see opportunities. ... [Published BusinessWeek - 8 hours ago]

Entities: Tumblr Inc, Deirdre Bolton, Venture Capital, Hedge Fund, Private Equity

First reported 15 hours ago - Updated 10 hours ago - 4 reports

Shareholders Reject Dividing Dimon’s Dual Roles

May 21 (Bloomberg) -- JPMorgan Chase & Co. CEO Jamie Dimon won more shareholder support this year than in 2012 to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. Bank. "Last Man Standing" Author ... [Published BusinessWeek - 10 hours ago]

Entities: Jamie Dimon, Deirdre Bolton, Bloomberg TV, JPMorgan Chase & Co

First reported May 20 2013 - Updated 17 hours ago - 3 reports

Michael Garland on JPMorgan Vote on Dimon's Titles

May 21 (Bloomberg) -- Michael Garland, who oversees governance issues in the New York City Comptroller's office, talks about whether JPMorgan Chase & Co. investors would benefit from a split of Jamie Dimon's responsibilities as chief executive officer ... [Published BusinessWeek - 17 hours ago]

Entities: JPMorgan Chase & Co, Jamie Dimon, Bloomberg TV

First reported May 20 2013 - Updated 23 hours ago - 6 reports

Can Yahoo Successfully Integrate Tumblr?

May 20 (Bloomberg) -- Yahoo is buying blogging network Tumblr for about $1.1 billion as CEO Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date. New York University's Scott Galloway and Freshwire's Shawn Amos speak ... [Published BusinessWeek - May 21 2013]

Entities: Tumblr Inc, Yahoo! Inc, Shawn Amos, Scott Galloway, Emily Chang

First reported May 20 2013 - Updated May 21 2013 - 3 reports

Will Yahoo's Tumblr Follow Google's YouTube Path?

May 20 (Bloomberg) -- Yahoo is buying blogging network Tumblr for about $1.1 billion as CEO Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date. Former Google Executive John Saroff speaks with Emily Chang on Bloomberg ... [Published BusinessWeek - May 20 2013]

Entities: Tumblr Inc, Google Inc, YouTube LLC

First reported May 20 2013 - Updated May 20 2013 - 3 reports

The Top Market Moves for May 20

May 20 (Bloomberg) -- On today's "The Roundup," Alix Steel, Julie Hyman and Su Keenan wrap up the day's top market stories on Bloomberg Television's "Street Smart." (Source: Bloomberg) ... [Published BusinessWeek - May 20 2013]

Entities: Market, Bloomberg TV, Steel

Quotes

"They’re still ‘show-me’ stories in the eyes of the market," Irizarry said. "There’s some reluctance on the part of investors to ascribe higher valuations on these managers until they see how sustainable these businesses really are."

Apollo Beats KKR to Carlyle After Stock Rally: Riskless Return [Published BusinessWeek - 34 mins ago]

"The next six to 12 months will still be quite good for Japanese stocks. I don’t think the economic data and earnings will disappoint in the next 12 months."

Next 6-12 Months Will Be Good for Japan Stocks, Says Baring’s Do [Published BusinessWeek - 50 mins ago]

...only after Bernanke confirms that the Fed will retain its pace of asset purchases," said Nick Verdi, a strategist at Barclays Plc in Singapore. "The rupee is trading consistent with high-yielding peers like the South African rand and Brazil’s real on concern of reduced inflows."

India Rupee Near Lowest Since November Before Bernanke Testimony [Published BusinessWeek - 50 mins ago]

...‘mind and management’ lies outside Ireland, but the real question is, do those subsidiaries have any mind of their own at all?" Kleinbard said. "If they are not really competent to make independent decisions to take on risks and make contracts on their own behalf, then the structure collapses of its own weight, and the income properly should be taxed to the United States."

Google, Yahoo Join Apple in Avoiding Taxes With Stateless Income [Published BusinessWeek - 1 hour ago]

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