Below please find daily updates pertaining to the latest in financial, business, and tax news:
Apple CEO Calls for Corporate Tax Reform
Posted: Tue May 21 14:34:04 PDT 2013Tim Cook challenged Senate investigators who reported Apple paid no corporate income tax on tens of billions of dollars in overseas income over the past four years and urged reforms....
Target's Quarter Lacks Spring
Posted: Wed May 22 11:12:54 PDT 2013Target posted a 29% drop in quarterly earnings and lowered its outlook, citing weak sales in seasonal and weather-related categories....
Cooler Weather Hurts Lowe's
Posted: Wed May 22 10:27:17 PDT 2013Lowe's net profit rose 2.5% as the home-improvement retailer reported slightly lower expenses, but revenue was almost flat and results missed Street estimates....
Penguin to Settle in E-Book Dispute
Posted: Wed May 22 08:35:23 PDT 2013Pearson's book publishing business, Penguin Group, has agreed to pay $75 million to settle a dispute in the U.S. over the way it priced electronic books, drawing to a close an investigation into the publishing industry's e-book pricing tactics....
Wal-Mart Hires Dan Bartlett
Posted: Wed May 22 10:34:27 PDT 2013Wal-Mart named Dan Bartlett, a former adviser to President George W. Bush, to head its corporate and government affairs. He will succeed Leslie Dach, who led the retail giant's decadelong push to remake its corporate image....
CEO of Popular Seeks IOC Presidency
Posted: Wed May 22 09:15:45 PDT 2013The chairman and CEO of Puerto Rico's Popular declared his candidacy to become president of the International Olympic Committee....
Broad Reshuffle at HTC
Posted: Wed May 22 10:59:13 PDT 2013Several senior executives at HTC have left the company in recent weeks, signaling a broader management shake-up at the struggling smartphone maker and putting a spotlight on CEO Peter Chou....
Lower Sales Hit Staples Profit
Posted: Wed May 22 10:25:27 PDT 2013Staples said quarterly profit fell 9.2% as the office-supplies retailer's North American and European same-store sales continued to weaken....
Pfizer to Spin Off Remaining Zoetis Stake
Posted: Wed May 22 07:44:34 PDT 2013Pfizer plans to shed its majority stake in animal-health company Zoetis, continuing Pfizer's efforts to its hone its focus on drugs and vaccines for humans....
Clearwire Backs New Sprint Offer
Posted: Wed May 22 06:37:46 PDT 2013Clearwire said a special board committee approved Sprint Nextel's latest offer for the wireless broadband provider and recommended shareholders vote for the deal....
You're the Boss Blog: What It Takes to Start a Company: Sleeping in a Van?
Posted: Wed May 22 11:00:23 PDT 2013A Priceline for movie tickets goes looking for partners. ...
Hidden in Plain Sight, Tiny Mall Kiosks Make a Surprisingly Big Impact
Posted: Wed May 22 08:30:37 PDT 2013A lot has changed since the 4-foot-by-8-foot carts with wagon wheels debuted 40 years ago. Most notably, they contribute to an estimated $8 billion in annual mall sales. ...
You're the Boss Blog: Why Alternative Lenders Should Set Some Standards
Posted: Wed May 22 04:00:52 PDT 2013The annual percentage rate on a merchant-cash-advance loan can be as high as 60 or even 100 percent ? enough to make most rational business people shake in their boots. ...
Creating Value: The Real Meaning of Corporate Culture
Posted: Tue May 21 04:00:45 PDT 2013Culture always starts with the owner. In companies where culture is well defined, it is reflected in every hiring decision. But it can be complicated. ...
She Owns It: Sometimes, Customers Want You to Charge More
Posted: Mon May 20 08:00:45 PDT 2013One parent told the owner of Thinking Caps, a tutoring company, that she would not be taken seriously until she raised her prices. ...
Dashboard: This Week in Small Business: Gordon Ramsay Calling!
Posted: Mon May 20 04:00:52 PDT 2013The social media lessons from the latest Gordon Ramsay nightmare. Small-business confidence ticks up. The deficit problem is solved (for now). How to use a six-second video. Would you buy a point-of-sale system from Groupon? ...
You're the Boss Blog: The Small Picture: Shaking the Trees
Posted: Fri May 17 13:50:42 PDT 2013In Santa Barbara County, the walnuts are harvested in the fall. ...
You're the Boss Blog: How a Fast-Growing Start-Up Practices Decision-Making
Posted: Fri May 17 08:47:27 PDT 2013Inside a management training class at H.Bloom. ...
You're the Boss Blog: Is It Smart Pricing to Create the ?Appearance? of a Discount?
Posted: Fri May 17 08:40:48 PDT 2013Would it work in your business? Would you do it? ...
You're the Boss Blog: A Start-Up Struggles to Market Its iPhone App
Posted: Thu May 16 04:00:13 PDT 2013What?s the best way to market an app? ...
