Apple CEO Defends Company's Offshore Tax Policy
Written by Jeanette TorresAuthors: Jeanette Torres
Justin Sullivan/Getty Images(WASHINGTON) -- Apple and congressional investigators both tried to get in a preemptive punch or two in advance of Apple CEO Tim Cook's testimony later Tuesday in Washington on the way Apple avoids paying U.S. taxes on money it earns overseas.
Apple released an advance copy of Cook's testimony...
Top 14 Jobs That Don't Require a College Degree
Written by Jeanette TorresAuthors: Jeanette Torres
Medioimages/Photodisc/Thinkstock(NEW YORK) -- While one's earning potential increases with a college degree, you don't necessarily need to spend $40,000 a year for a diploma for a job that pays as much.
Jobs search site CareerCast.com released a list of 14 of the best jobs without a college degree.
Tony Lee, publisher of...
Authors: Carmen Cox
iStockphoto/Thinkstock(WASHINGTON) -- Gas prices across the country are still rising ahead of one of the year's busiest travel weekends. The weekly average price of a gallon of regular gas is $3.67, up 7 cents from a week earlier, according to data from the Department of Energy.
The biggest price jump in the country has...
Authors: jc
David Paul Morris/Bloomberg via Getty Images(NEW YORK) -- It's a big day for Yahoo. A few hours after announcing its $1.1 billion acquisition of Tumblr, Yahoo announced some major updates to its Flickr photo-sharing service.
"Tonight is about Flickr," Yahoo CEO Marissa Mayer said at an event in New York City Monday evening. "It is about...
Authors: Carmen Cox
Feng Li/Getty Images(WASHINGTON) -- A new Senate investigation has found that Apple Inc. has used a complex web of offshore companies – particularly three in Ireland – to avoid paying billions of dollars in U.S. income taxes.
Apple executives will visit Capitol Hill on Tuesday to respond to the findings contained in...
Authors: Carmen Cox
Hemera/Thinkstock(NEW YORK) -- Investors on Monday took a timeout from the bull market. Declining stocks in the same top-performing sectors pulled the markets down.
The Dow Jones Industrial Average lost 19.12 points, or 0.1 percent, closing at 15,335.28 Monday. The Nasdaq Composite closed off two points, or 0.1 percent, at...
Authors: jc
iStockphoto/Thinkstock(NEW YORK) -- If you’re traveling in Brazil, pop in a DVD and find yourself crazing pizza, then Domino’s has you right where they want you.
Domino’s independent franchisees in the South American country have partnered with an ad agency there to use DVDs embedded with the scent of pizza to lure in...
Authors: jc
iStockphoto/Thinkstock(WASHINGTON) -- It's graduation season. Did your teenager have to take a financial literacy course to don that cap and gown? Probably not.
According to the Council for Economic Education, as of 2011, 22 states required high school students to take an economics class -- the "supply and demand" type, not the "how to...
Authors: jc
GrubHub/Seamless(NEW YORK) -- It's late, you didn't have time to make dinner, and now you're in the mood for sushi. Chances are, you reach for your phone, fire up either the Seamless or GrubHub app, sort by restaurant, select your meal, place your order and wait for the delivery person to knock on your door.
Soon, those two food app...
Authors: Jeanette Torres
FRED DUFOUR/AFP/Getty Images(NEW YORK) -- Yahoo! is investing big time in social media. The company announced on Monday that it has purchased Tumblr, the popular blogging and social media network, for $1.1 billion in cash.
"I'm delighted to announce that we've reached an agreement to acquire Tumblr!," Yahoo CEO Marissa...
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