News

• Online Sales Tax Could Run into Trouble in U.S. House

  By Richard Rubin, Bloomberg  |  May 6, 2013

  Measure is expected to win Senate approval today.

• Tech Companies Dominate Bond Sales This Week

  By Sarika Gangar, Bloomberg  |  May 3, 2013

  Apple and IBM lead issuance of $43 billion of corporate bonds.

• U.S. Payrolls Rise 165,000 in April

  By Alex Kowalski, Bloomberg  |  May 3, 2013

  Stronger-than-expected jobs report includes four-year low on jobless rate.

• Buffett Bets on Business Insurance

  By Zachary Tracer, Bloomberg  |  May 3, 2013

  Berkshire Hathaway hires four AIG executives.

• Apple Avoids $9.2 Bln in Taxes with Bond Deal

  By Peter Burrows, Bloomberg  |  May 3, 2013

  Company would have paid 35% tax to repatriate overseas cash.

• Euro-Area Economy Headed for 2-Year Slump

  By Rebecca Christie, Bloomberg  |  May 3, 2013

  EC lowers forecast; now predicts 0.4% decline in GDP in 2013.

• U.S. Jobless Claims Drop to Five-Year Low

  By Alex Kowalski and Shobhana Chandra, Bloomberg  |  May 2, 2013

  While decline in claims suggests fewer firing, it doesn’t ensure more hiring.

• ECB Eyes Negative Deposit Rate

  By Matthew Brockett and Jana Randow, Bloomberg  |  May 2, 2013

  After the central bank cuts benchrate rate to record low, Draghi suggests that it could shift to charging banks for overnight deposits.

• SEC Plan Gives Exemptions to Swap Dealers’ Overseas Branches

  By Silla Brush and Dave Michaels, Bloomberg  |  May 2, 2013

  U.S. regulators face pressure to limit the international reach of swaps rules.

• J.C. Penney Offers to Buy Back Bonds

  By David Holley, Bloomberg  |  May 1, 2013

  Retailer may need to sweeten its offer for bonds that could restrict its debt load, analyst says.