11 results for "JIM PUZZANGHERA"
Apple CEO strongly defends tax policy at Senate hearing
Tuesday, May 21, 2013 at 1:00 AMApple Inc. Chief Executive Tim Cook strongly defended the company's tax practices Tuesday at a Senate hearing highlighting the technology giant's use of Irish subsidiaries to shelter billions of dollars in income from U.S. taxes.
Report: Apple used subsidiaries to avoid $44 billion in US taxes
Monday, May 20, 2013 at 3:36 PMApple Inc. has used an elaborate web of offshore subsidiaries to avoid paying at least $44 billion in U.S. taxes in the past four years, a Senate investigation has found.
Consumer spending will help to offset sequester, economists say
Monday, May 20, 2013 at 1:00 AMConsumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal government's automatic budget cuts, a panel of economists said Monday.
Initial jobless claims jump to 360,000, most since March
Thursday, May 16, 2013 at 1:00 AMInitial jobless claims last week unexpectedly jumped to a six-week high of 360,000 after declining to a post-recession low this month, the Labor Department said Thursday.
Eurozone economy shrinks in 1st quarter, marking longest recession
Wednesday, May 15, 2013 at 1:00 AMThe eurozone economy contracted 0.2 percent in the first three months of the year compared to the previous quarter, marking the region's longest recession since its single currency was created in 1999.
Freshman senator with senior pluck takes on the financial industry
Tuesday, May 14, 2013 at 1:00 AMSen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill.
Small-business owners more upbeat about economy
Tuesday, May 14, 2013 at 1:00 AMSmall-business owners were more optimistic about the economy in April, but "pessimism abounds" in a sector that is barely growing, the National Federation for Independent Business said Tuesday.
Families reduce 1st-quarter debt load to 2006 level
Tuesday, May 14, 2013 at 1:00 AMAmerican families reduced their debt load in the first three months of the year by 1 percent, bringing it down to pre-recession levels after an uptick in the last quarter of 2012, the Federal Reserve said Tuesday.
Europe could drop interest rate below zero on excess bank deposits
Monday, May 13, 2013 at 1:00 AMThe European Central Bank could reduce the interest rate it pays on excess bank deposits to below zero to boost growth in the recession-plagued region, a top official said.
Fannie Mae payment could delay debt limit until Labor Day
Friday, May 10, 2013 at 1:00 AMA nearly $60 billion dividend payment to the government by taxpayer-owned Fannie Mae will help push off the effective date on which the U.S. would hit its debt limit until at least Labor Day, Treasury Secretary Jacob J. Lew said Friday.
