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AP Top Business News At 1:37 p.m. EDT

JPMorgan's Dimon survives shareholder referendum
TAMPA, Fla. (AP) -- Shareholders at JPMorgan Chase voted to let Jamie Dimon, the chairman and CEO, keep both his jobs....

Apple's Cook faces Senate questions on taxes
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....

Lew: IRS actions "unacceptable and inexcusable"
WASHINGTON (AP) -- Treasury Secretary Jacob Lew says the Internal Revenue Service's targeting of conservative political groups was "unacceptable and inexcusable" and he has directed the agency's acting director to hold people accountable....

Stock indexes head higher in afternoon trading
NEW YORK (AP) -- The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve. Two big retailers also topped Wall Street expectations for the most recent quarter....

Microsoft reveals Xbox One, next-generation gaming
REDMOND, Wash. (AP) -- Microsoft thinks it has the one....

Former IRS chief: Can't say how targeting happened
WASHINGTON (AP) -- The man who led the Internal Revenue Service when it was giving extra scrutiny to tea party and other conservative groups seeking tax-exempt status told Congress on Tuesday that he knew little about what was happening while he was still commissioner....

Best Buy reports 1Q loss on restructuring costs
MINNEAPOLIS (AP) -- Best Buy Co. on Tuesday reported a loss for 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....

ESPN cutting workforce, 'smartly managing costs'
NEW YORK (AP) -- ESPN is cutting its workforce, the latest Disney division to reduce staff....

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 here is gaining a reputation for doing the opposite....

Poll: Teens migrating to Twitter
WASHINGTON (AP) -- A new poll finds that teens are sharing more about themselves on social media. They're also moving increasingly to Twitter to avoid their parents and the "oversharing" that they see on Facebook....

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Stock indexes head higher in afternoon trading

Best Buy reports 1Q loss on restructuring costs

Burberry's profit hit by perfume deal's demise

Herbalife names Pricewaterhouse new auditor

JPMorgan's Dimon survives shareholder referendum

Oil slips as traders wait for Fed, supply data

Housing recovery boosts Home Depot 1Q results

Lew: IRS actions "unacceptable and inexcusable"

GM to invest $44.5M in Lansing Cadillac factory

German central bank: Economy to improve 'markedly'