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    May 22, 2013 |Story| Los Angeles Times
  1. Lawmakers grill Apple execs over tax strategy

    <iframe id="spreecast-player" type="text/html" width="600" height="470" src="http://www.spreecast.com/events/apples-taxing-situation/embed-medium" frameborder="0"></iframe>
      WASHINGTON — Apple Inc. Chief Executive Tim Cook was supposed to face a hostile Capitol Hill crowd but instead he wielded the company's popularity like a shield to deflect some of the most aggressive questioning over the company's...

    Tags: Carl Levin, U.S. Senate Committee on Finance, Finance, Economy, Business and Finance, Politics

  2. May 21, 2013 |Story| Allentown Morning Call
  3. A rotten Apple?

    Apple<a href="http://www.mcall.com/news/nationworld/la-fi-apple-tax-report-20130521,0,7843732.story"> Inc.</a>, one of the most successful and valuable companies on the planet, will be tested today when CEO Tim Cook testifies about the company's controversial tax practices...&nbsp;As stocks hit new highs, some wonder if the <a href="http://www.mcall.com/news/nationworld/la-fi-as-stocks-continue-to-hit-records-is-market-overheating-20130520,0,4908316.story">stock market</a> is overheating... Supreme Court upholds FCC power in <a href="http://www.mcall.com/news/nationworld/la-fi-fcc-cellphone-towers-20130521,0,7442496.story">cellphone tower</a> case... <a href="http://www.mcall.com/news/nationworld/la-fi-yahoo-tumblr-20130521,0,2404213.story">Yahoo's challenge</a> to be building Tumblr's advertising business... QUOTE OF THE DAY: "We are outraged to learn today that James Rosen was named a <a href="http://www.mcall.com/news/nationworld/la-na-fbi-reporter-20130521,0,7473472.story">criminal co-conspirator</a> for simply doing his job as a reporter. In fact, it is downright chilling. We will unequivocally defend his right to operate as a member of what up until now has always been a free press." --&nbsp;Michael Clemente, Fox News executive vice president of news.
    Apple Inc., one of the most successful and valuable companies on the planet, will be tested today when CEO Tim Cook testifies about the company's controversial tax practices... As stocks hit new highs, some wonder if the stock market is overheating......

    Tags: Fox News Channel (tv network), Politics, Apple Inc., Freedom of the Press

  4. May 20, 2013 |Story| Los Angeles Times
  5. Apple skirts U.S. taxes, panel finds

    WASHINGTON — Apple Inc., one of the most successful and valuable companies on the planet, will be tested Tuesday when Chief Executive Tim Cook testifies about the company's controversial tax practices before a hostile Senate subcommittee. Should...

    Tags: Carl Levin, Economy, Business and Finance, Politics, Republic of Ireland, Apple Inc.

  6. May 20, 2013 |Story| Los Angeles Times
  7. Report: Apple avoided billions in U.S. taxes on foreign income

    <em>This post has been corrected. See the note at the bottom for details</em>
    This post has been corrected. See the note at the bottom for details WASHINGTON -- Apple Inc. has used an elaborate web of offshore subsidiaries to avoid paying billions of dollars in U.S. taxes on $44 billion in foreign income over the past four years,...

    Tags: Carl Levin, Economy, Business and Finance, Politics, White House, Microsoft Corporation

  8. May 21, 2013 |Story| Los Angeles Times
  9. Apple's tax dodge is so genius there should be an app for that

    If Apple execs are so adept at avoiding taxes, shouldn't they at least offer an app so the rest of us can get in on the deal?
    If Apple execs are so adept at avoiding taxes, shouldn't they at least offer an app so the rest of us can get in on the deal? Apple CEO Tim Cook, in an appearance before the U.S. Senate's Permanent Subcommittee on Investigations,  testified today that...

    Tags: Crime, Law and Justice, U.S. Senate

  10. May 21, 2013 |Story| Los Angeles Times
  11. Apple CEO Tim Cook strongly defends tax policy at Senate hearing

    <iframe id="spreecast-player" type="text/html" width="600" height="470" src="http://www.spreecast.com/events/apples-taxing-situation/embed-medium" frameborder="0"></iframe>
      WASHINGTON — Apple Inc. Chief Executive Tim Cook strongly defended the company's tax practices Tuesday at a Senate hearing highlighting the technology giant's use of Irish subsidiaries to shelter billions of dollars in income from U.S. taxes....

    Tags: Carl Levin, Patents, Copyrights and Trademarks, Judges, Crime, Law and Justice, Politics

  12. May 21, 2013 |Story| KY3-TV
  13. Apple Computer answers charges it's avoiding billions in taxes

    news@ky3.com
    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.   Tim Cook testified at a hearing Tuesday by the Senate Permanent Subcommittee on...

    Tags: Politics, Washington, DC

  14. May 21, 2013 |Story| Los Angeles Times
  15. Five things at stake for Apple at Senate tax hearing

    Apple hardly seems the invincible name it was just one year ago. Faced with slower growth, a badly bruised stock price and questions about its innovation leadership, the company has plenty of fights on its hand.&nbsp;
    Apple hardly seems the invincible name it was just one year ago. Faced with slower growth, a badly bruised stock price and questions about its innovation leadership, the company has plenty of fights on its hand.  And now it has a new foe attempting to...

    Tags: Economy, Business and Finance, Cisco Systems Inc., Politics, John T. Chambers, Companies and Corporations

  16. May 21, 2013 |Story| Los Angeles Times
  17. Apple in the hot seat: Expect tough questioning at tax hearing

    WASHINGTON -- Apple Inc. Chief Executive Tim Cook and other company officials will be in a legendary hot seat Tuesday as they try to defend the company's tax practices -- in front of Sen. Carl Levin.
    WASHINGTON -- Apple Inc. Chief Executive Tim Cook and other company officials will be in a legendary hot seat Tuesday as they try to defend the company's tax practices -- in front of Sen. Carl Levin. The veteran Michigan Democrat chairs the Senate's...

    Tags: Parties and Movements, Politics, Abusive Behavior, U.S. Congress, Apple Inc.

  18. May 20, 2013 |Story| AP Member Choice Limited
  19. Apple uses companies outside US to avoid paying billions in US taxes, Senate inquiry finds

    AP Business Writer
    WASHINGTON (AP) — Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world's most valuable company is holding...

    Tags: Carl Levin, Computing and Information Technology Industry, Crime, Law and Justice, Politics, Public Finance

  20. May 15, 2013 |Story| Los Angeles Times
  21. Fewer Facebook users take a liking to its new Home software

    SAN FRANCISCO — It may be too soon to call Facebook Home a flop. But it's clearly not the breakout hit that some expected. One month after its splashy debut, fewer and fewer people are downloading Facebook's new mobile software. It took weeks...

    Tags: Computing and Information Technology Industry, Science and Technology, Google Inc., Microsoft Corporation, Larry Page

  22. May 15, 2013 |Story| Los Angeles Times
  23. Google stock tops $900 amid prospect of news at annual conference

    Google's stock price climbed above $900 a share for the first time as Wall Street waited to hear what the company will announce later Wednesday at its annual developers conference.
    Google's stock price climbed above $900 a share for the first time as Wall Street waited to hear what the company will announce later Wednesday at its annual developers conference. The stock opened Wednesday at $895.75 and continued climbing. At last...

    Tags: Google+, Google Nexus Q, Computing and Information Technology Industry, Google Inc., Google Glass

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Tim Cook Photos
Apple Inc. CEO Tim Cook told a Senate committee looking...
(May 21, 2013)
Apple
Apple CEO Tim Cook testifies before a Senate subcommitt...
(May 21, 2013)
Apple CEO Tim Cook
Apple CEO Tim Cook. left, visits the Apple Store in New...
(February 12, 2013)
Apple CEO Tim Cook, left, visits the Apple Store in New York's Grand Central Station.