Apple's Massive Tax Avoidance Scheme Was Probably Legal

AP

Apple used an impressively complex network subsidiaries to avoid paying billions of taxes in a scheme that will pit the company against congressional investigators on Tuesday.

By Max Fisher

Jan 22, 2010

Bank Limits Come With Big Trade-Offs

Financial commentators like Obama's proposed bank regulations but warn they don't come cost-free

Comments | 115 Views

By Max Fisher

Jan 21, 2010

Obama Targets Big Banks

Will this satisfy Paul Krugman?

Comments | 140 Views

By Nicole Allan

Jan 20, 2010

Transcript Breakdown: Warren Buffett Bashes 'Guilt Tax,' Feels 'Poor'

In a candid interview, the Oracle waxes bitter on the bank tax and Kraft-Cadbury deal

Comments | 172 Views

By Benjamin F. Carlson

Jan 19, 2010

Morning Vid: Jim Cramer Foresees Wall Street Bonanza If Brown Wins

The Mad Money maven thinks a defeat to Democrats--the "Pelosi proletariat"--would send business stocks surging

Comments

By Benjamin F. Carlson

Jan 18, 2010

Obama's Firebreathing Radio Address: Is He Getting Serious About Populism?

Two weekend speeches heat up anti-banker rhetoric, but some pundits are skeptical that reform is on the way

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By Heather Horn

Jan 15, 2010

Déjà Vu: NYT Editorial Urges Tax for Second Time in Three Days

In case you missed it the first time, the New York Times really likes the idea of taxing banks

Comments

New Bank Tax Aims to Recoup the Bailout, but Who Will Pay?

Obama's proposed bank tax has focused the debate on who will, won't and should pay for the government's losses.

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By Heather Horn

Jan 14, 2010

What Went Unsaid at the Banker Grilling

Business bloggers find some big, yawning gaps in the investigation into the financial crisis

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By Heather Horn

Jan 13, 2010

The Highlights: Bankers Grilled on Causes of Crash

Softball questions and "witch-trial" echoes at the first panel hearing on the financial crisis

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By Heather Horn

Jan 12, 2010

Pros and Cons of a New Tax on Banks

A White House proposal to tax big banks draws heavy fire

Comments | 260 Views

By Heather Horn

Jan 12, 2010

Cautious Optimism Greets Fed's $45 Billion Earnings

Jokes about "Fed bonuses" aside, hard-to-please business bloggers see good news in the numbers

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By Heather Horn

Jan 11, 2010

Goldman's Bonus Backlash Solution: Give to Charity?

A less than enthusiastic reaction from bloggers. Will anything short of nixing bonuses appease critics?

Comments | 39 Views

By John Hudson

Jan 11, 2010

Ford's Auto Show Sweep Wins Applause for CEO

Alan Mulally takes a struggling automaker to new heights

Comments | 345 Views

By Nicole Allan

Jan 8, 2010

Google Invades Energy Market, Igniting Fears of Global Dominion

Bloggers debate whether Google's energy move is high-minded innovation or a money-grubbing power grab

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Why Conventional Wisdom About the Housing Bubble May Be Wrong

Prominent biz bloggers argue that neither the government nor predatory lenders caused the blow-up

Comments | 176 Views

By Heather Horn

Jan 8, 2010

Economists Agree the Jobs Report Is Startling, Disagree on Everything Else

Surprisingly high job losses portend a stabilizing economy to some, gloomy prospects to others

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By Max Fisher

Jan 8, 2010

Job Losses Defy Optimism From Reporters, Economists

Many had predicted today's job numbers, which dropped by 85,000, would show growth

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By John Hudson

Jan 7, 2010

Should Geithner Survive the AIG E-mails?

Bloggers say we should "assume the worst" from the New York Fed cover up

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By Heather Horn

Jan 7, 2010

Can the Fed Stop Another Bubble Disaster? Can Anyone?

Econopundits hash out whether tactics to thwart another blow-up

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Where Does Financial Reform Stand After Dodd?

Given his leading role in financial legislation, how will Dodd's departure affect bank regulation?

Comments | 10 Views

By Nicole Allan

Jan 5, 2010

Steven Brill on the Bad Optics of Bail-out Bonuses

If an 8,500 word piece titled "What's a Bailed-Out Banker Worth" doesn't generate biz-blogger shockwaves, nothing will

Comments | 28 Views

By Benjamin F. Carlson

Jan 5, 2010

Warren Buffett Tells Kraft Its Cadbury Bid Is Way Too Sweet

The company's largest shareholder threatens to throw a wrench in the deal

Comments | 19 Views

By Heather Horn

Jan 4, 2010

Economic Forecasts for 2010 and the Coming Decade

Many top economists see a rough road ahead before full recovery

Comments | 172 Views

By Heather Horn

Dec 31, 2009

2009 Closes with Good News--A Fall in Unemployment Claims

Fall in jobless claims is good, but how good? Business bloggers debate

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By Heather Horn

Dec 28, 2009

Krugman and Followers Trash the Decade

Paul Krugman pens a column condemning the aughts, leading to outpouring of (mostly liberal) agreement

Comments | 11 Views

By Heather Horn

Dec 28, 2009

Afternoon Vid: Paul Krugman Gets Grim on Economy

The Nobel Prize-winning economist thinks the American economy is likely to shrink in 2010

Comments

By Benjamin F. Carlson

Dec 24, 2009

Why Goldman's Anti-Client Betting Probably Doesn't Matter

Just as CEO Lloyd Blankfein is named FT's Man of the Year, biz bloggers pour water on a non-scandal

Comments | 686 Views

By Benjamin F. Carlson

Dec 23, 2009

Who Won the Day?

Felix Salmon on the Fed

The Fed did a terrible job, but we still need it

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By Benjamin F. Carlson

Dec 23, 2009

Ford Sells Its Swedish Brand, So Why Can't GM?

The strongest of Detroit's big three is ready to sell Volvo to China's largest private carmaker, Zhejiang Geely

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By Heather Horn

Dec 23, 2009

Can We Trust the Fed to Regulate?

Amid numerous warning signs, the Fed failed to protect either consumers or banks. Couldn't we find a better regulator?

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By Max Fisher

Dec 22, 2009

Happy Hour Vid: Darth Vader Rings Bell at New York Stock Exchange

Michael Moore was not immediately available for comment

Comments | 28 Views

By Benjamin F. Carlson

Dec 22, 2009

Will Apple Kill Cable?

The tech firm is in talks with CBS and Disney. Could the Cupertino innovators overhaul the TV business?

Comments | 19 Views

By Heather Horn

Dec 21, 2009

Did the Blizzard Bury Retailers' Holiday Sales?

Business experts frantically debate the economic impact of the weekend snowstorm

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By Heather Horn

Dec 18, 2009

Despite Critics, Bernanke Reconfirmed in Senate Banking Committee

'Person of the Year' Bernanke leaps over one hurdle on the way toward reconfirmation

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By John Hudson

Dec 17, 2009

Bank of America Edges Away From Southern Roots

Unlike his predecessors, incoming CEO Brian Moynihan is a rugby-playing New Englander

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By Benjamin F. Carlson

Dec 17, 2009

Citigroup's Stock Snafu Caps Off Embarrassing Week

A poorly calculated stock offering prompts the U.S. to delay selling its 34% stake

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By Max Fisher

Dec 17, 2009

National Debt Cracks $12T Limit, Rattling Pundits

While the artificial limit is on its way to being raised, topping the debt ceiling is an ominous sign

Comments | 10 Views

By Heather Horn

Dec 16, 2009

Liberals: No, Lowering the Minimum Wage Won't Generate Jobs

Progressives don't take a shining to the idea that cutting the minimum wage boosts employment

Comments | 44 Views

By Heather Horn

Dec 16, 2009

Stupefying Tax Breaks Shatter Illusion of Harsh Citi Deal

The government hands Citi a $38 billion tax break for $20 billion in repaid loans

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By John Hudson

Dec 15, 2009

Boeing's 787 Dreamliner Takes Off: Will It Succeed?

Why everything's riding on the success of Boeing's huge new plane

Comments | 89 Views

By John Hudson

Dec 15, 2009

In Private, Obama Bows to the 'Fat Cats'

Critics cast doubt on his pledge to get tough with Wall Street

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By Benjamin F. Carlson

Dec 14, 2009

4 Takeaways From Exxon's Big Buy

The world's largest energy company makes an enormous bet on natural gas, to the tune of $41 billion

Comments | 76 Views

By John Hudson

Dec 14, 2009

Why Did Abu Dhabi Bail Out Dubai World?

The emirate had a lot to lose and a lot to gain

Comments | 211 Views

By Max Fisher

Dec 14, 2009

Across the Spectrum, Economists Mourn Paul Samuelson

Liberals and conservatives alike salute his massive contribution to the dismal science

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By Benjamin F. Carlson

Dec 14, 2009

Morning Vid: Obama Lambastes 'Fat Cats'

The president joins the populists, just as criticism of his Wall St. ties heats up

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By Heather Horn

Dec 14, 2009

Good Question!

Did the Mafia Save the Banks?

An unusual suggestion from the U.N. Office on Drugs and Crime

Comments | 130 Views

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