All Economy
Jamie Dimon scores big win in bank shareholder voteJamie Dimon's chairmanship of JPMorgan Chase easily survived a vote from the bank's shareholders Tuesday. The vote was a major victory for Dimon, but shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank's board members.
Going shopping? Know your target.Shopping costs you money, Hamm writes, but shopping without a very specific purpose really costs you money.
Oklahoma tornado: Where the financial relief will come fromIt will take more than $1 billion in insurance payouts and relief aid to help rebuild Moore, Okla., in the wake of Monday’s devastating tornado. Here’s where the money will come from, and where it is likely to go.
Apple taxes: business as usualApple cut its taxes with the same tools multinationals have been using for years to minimize their worldwide tax liability, Gleckman writes. Apple’s tax avoidance shop, it seems, is a lot less innovative than its phone designers.
Greek PM invites China to 'join Greece's success story'Greece is rolling out the red carpet for Chinese investors as a means of stabilizing its shaky economy.
Stocks up on reassurance from Federal ReserveStocks rose on Wall Street Tuesday after comments from a Federal Reserve official reassured investors. Stocks wobbled between gains and losses in early trading, then took a turn higher just before noon.
ESPN layoffs: Trying to 'manage costs,' cable sports giant cuts jobsESPN layoffs: An unspecified number of staffers at the Bristol, Connecticut-based cable sports network are expected to be let go. The ESPN layoffs are the latest in the Disney entertainment family.
How monetary inflation leads to consumer price inflationThe most important factor determining whether or not monetary inflation will mainly cause consumer price inflation or asset price inflation is simply what the early receivers of newly created money choose to do with them, Karlsson writes.
Google, Apple draw transatlantic ire over 'double Irish' tax havenBig technology companies like Apple and Google are feeling heat on both sides of the Atlantic over their use of Irish corporate-friendly tax policies to pay little, if any tax.
Steve Cohen gets subpoena in US insider trading probeSteve Cohen has received a subpoena to testify before a grand jury in a federal insider trading investigation at his hedge fund, SAC Capital Advisers. Steve Cohen's subpoena puzzles defense lawyers.
Eleanor Mustang sold for $1 million. Used in 'Gone in 60 Seconds' film.Eleanor Mustang sold for a staggering $1 million at an Indianapolis auction last week. The 1967 Eleanor Mustang sold was used in the 2000 film 'Gone in 60 Seconds.'
Ford rises, Prius falls in hybrids' solid start to 2013Hybrids and plug-ins together took 3.71 percent of the US auto market last month, Voelcker writes, just 0.01 percent below their all-time high share of 3.72 percent last December. The more hybrids and plug-ins that are sold, the more economies of scale can kick in to lower their component costs, from lithium-ion cells to electric traction motors.
Stocks mixed in slow start to weekStocks fluctuated between small gains and losses on Wall Street for most of Monday. Small-company stocks are doing well because they are less exposed to recession-plagued Europe than the large international stocks that make up the Dow and the S&P 500 index.
Could UK claim title of Europe's biggest economy?Speculation that the UK could become Europe's biggest economy is wishful thinking, Karlsson writes. Germany is far more competitive than both Britain and France and will outperform both, as it has done in recent years.
Robert Griffin III fans buy everything off QB's wedding registryRobert Griffin III is getting married this summer, and like most future newlyweds, he and his fiancee registered for wedding gifts. Unlike most couples, their Bed Bath and Beyond registry has been almost completely bought up – by fans of the Redskins quarterback.
Yahoo-Tumblr deal: a bold and risky purchaseIf CEO Marissa Mayer can make her $1.1 billion acquisition of Tumblr work, Yahoo's prospects will brighten. But Yahoo-Tumblr are very different companies with audiences that don't match up well.
How corporations pressure government into tax breaks and subsidiesGoogle, Amazon, Starbucks, every other major corporation, and every big Wall Street bank, are sheltering as much of their US profits abroad as they can, Reich writes, while telling Washington that lower corporate taxes are necessary in order to keep the US 'competitive.'
Chinese premier visits India, talks up trade and trustPremier Li Keqiang arrived this weekend in New Delhi on his first foreign trip. India has become China's biggest market for infrastructure contracts, but the two countries remain wary neighbors.
Jamie Dimon: Will unhappy investors let CEO keep his job?Jamie Dimon, the embattled chairman and CEO of JPMorgan Chase, faces a shareholder vote this week on whether he will be allowed to keep both jobs. Shareholders want the biggest US bank to strip Jamie Dimon of his chairman job after a damaging trading loss last year.
Toyota class-action suit worth up to $1.6 billion on the wayToyota had to recall millions of vehicles with breaking problems in 2010, and a class action lawsuit worth up to $1.6 billion will be decided next month.
