By MARCY GORDON and PETER SVENSSONAP Business Writers
WASHINGTON (AP) - Apple's CEO is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
Tim Cook testified at a hearing Tuesday by the Senate Permanent
MINNEAPOLIS (AP) - Best Buy Co. on Tuesday reported a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
Its adjusted earnings beat Wall Street expectations, but revenue fell short as the
OVERLAND PARK, Kan. (AP) - Wireless company Sprint Nextel Corp. says it can now let Dish Network Corp. see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank.
The companies said late Thursday that SoftBank had
By PAUL SCHEMMAssociated Press
RABAT, Morocco (AP) - A 66-year-old Tunisian man has died from the new coronavirus following a visit to Saudi Arabia and two of his adult children were infected with it, the Tunisian Health Ministry reported.
His sons were treated and have since recovered but the rest
By SARAH DiLORENZOAP Business Writer
PARIS (AP) - The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.
As the country's first-ever minister for industrial renewal, Arnaud Montebourg has told the
By BETH J. HARPAZAssociated Press
NEW YORK (AP) - Thomas Sohmers, 17, of Hudson, Mass., has been working at a research lab at the Massachusetts Institute of Technology since he was 13, developing projects ranging from augmented reality eyewear to laser communications systems. This spring, his mom,
By RODRIQUE NGOWIAssociated Press
QUINCY, Mass. (AP) - Two endangered sea turtles that are shells of their former selves after getting stranded on Cape Cod during a cold spell are getting some help easing back into the wild - from an acupuncturist.
Dexter and Fletcher Moon, juvenile Kemp's
By The Associated Press
The massive tornado that ripped through a handful of Oklahoma City suburbs and killed at least 50 people grabbed the attention of the sports world on Monday, especially the players and coaches with ties to the area.
Kevin Durant, a three-time scoring champion for the NBA
NEW YORK (AP) - Fresh on the heels of its $1.1 billion acquisition of Tumblr, Yahoo says it is rebooting its languishing photo-sharing site Flickr with plans to make it "awesome" again.
Yahoo Inc. said at an event in New York City's Times Square on Monday that it is now offering users 1
By BETH J. HARPAZAssociated Press
NEW YORK (AP) - It's one thing to say tech geniuses don't need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college.
But now we've got David Karp, who doesn't even have a high school diploma. Karp, 26, founded
SPOKANE, Wash. – The trial of Clay Starbuck, charged with killing his ex-wife Chanin and sexually violating her remains, entered its third week Monday at the Spokane County Courthouse.
Chanin Starbuck was found strangled to death in her Deer Park home in December of 2011, and Clay
OKLAHOMA CITY (AP) - Hospital officials say they've treated more than 200 patients, including over 70 children, since a tornado ripped through an Oklahoma City suburb. Dozens of patients remained hospitalized Tuesday following Monday's tornado.