IBT Staff Reporter

54811-54840 (out of 154954)

Stateless income: David Cay Johnston

From the way Washington politicians in both parties tell it, you may well think that multinational companies favor low-tax jurisdictions when investing overseas. They don't.

European court ruling strikes at soccer TV deals

A decision handed down Tuesday by a court in Luxembourg could significantly change the Premier League's TV contracts to broadcast its soccer matches in Europe, but its ramifications beyond live sports could prove to be minimal.

Fox says can't afford more Simpsons without cuts

The future of animated TV comedy The Simpsons was up in the air on Tuesday after 20th Century Fox Television said it could no longer afford to produce the show without a huge pay cut for its cast.

NY sues BNY Mellon over forex claims

New York's attorney general said on Tuesday he filed a lawsuit against Bank of New York Mellon for defrauding clients in foreign currency exchange transactions.

RIM shares yo-yo on speculation, Apple event

Shares in Research In Motion ended 2 percent higher in yo-yo trade on Tuesday after rival Apple hinted at threats to RIM's core corporate market, but failed to wow fans and investors with its latest iPhone.

Web overtakes TV as most popular UK ad medium: IAB

Brands spent more money advertising on the Internet in Britain than they did on TV for the first time in the first half of 2011, as companies moved online to reach the millions of Britons using social networks and watching videos.

AMR seen pressured, but not ready for bankruptcy

American Airlines may be the most likely big U.S. airline to go bankrupt, but the sum of its hardships -- high labor costs and weak cash flow -- do not add up to an imminent Chapter 11 filing, according to analysts who study the carrier's finances.

RIM shares sink after Apple deployment comments

Shares in Research In Motion fell 4.3 percent to their lowest level in almost six years after Apple CEO Tim Cook said that more than 90 percent of Fortune 500 companies are testing or deploying the iPhone and iPad.

BofA shares drop to lowest level since March 2009

Bank of America Corp shares fell 5.2 percent Tuesday to their lowest level since March 2009 amid concerns about how a slowing world economy and the European debt crisis would affect the largest U.S. bank.

iPhone 4S Release Crashes Apple Web Site

The Apple Web site crashed Tuesday afternoon and was still down as of 3:20 p.m., probably due to the high volume of traffic surrounding the iPhone 5 release announcement.

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