|
AP Top Business News At 10 a.m. EDT
Best Buy reports 1Q loss on restructuring costs 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....
Apple's Cook to face Senate questions on taxes WASHINGTON (AP) -- A Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes, but the world's most valuable company says it is complying with the laws and pays "an extraordinary amount" in taxes to the U.S. government....
Indexes edge higher on Wall Street in early trade NEW YORK (AP) -- Stock indexes are edging higher in early trading on Wall Street as investors look ahead to the Federal Reserve's next moves....
Sprint to listen to Dish offer 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....
Sprint boosts buyout offer for Clearwire OVERLAND PARK, Kan. (AP) -- Sprint says it has raised its buyout offer for the stake in Clearwire it does not already own by 14 percent....
Average credit card debt, late payments fall in 1Q LOS ANGELES (AP) -- Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt....
Housing recovery boosts Home Depot 1Q results ATLANTA (AP) -- Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery....
Does France have right plan to revive its economy? PARIS (AP) -- The man charged with reviving France's shrinking economy and attracting businesses to invest there is gaining a reputation for doing the opposite....
France: Drugmaker on trial, suspected in deaths NANTERRE, France (AP) -- A French drug company and its founder are on trial on charges of misleading the public about a diabetes drug marketed as a weight loss method and suspected in hundreds of deaths....
German central bank: Economy to improve 'markedly' FRANKFURT, Germany (AP) -- Germany's central bank expects the country's economy to improve "markedly" in the second quarter - a development that could boost the wider eurozone as it struggles to get out of recession....
|