Ireland Defends Corporate Tax System

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The Irish government denied it is sheltering some of the world's largest corporations, such as Apple, from paying taxes, saying the country's long-standing low corporation tax regime is transparent and doesn't make it a tax haven.

Dimon Strengthens Grip at J.P. Morgan

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J.P. Morgan shareholders rejected a proposal to split James Dimon's dual roles as chief executive and chairman, and re-elected all the members of the bank's board.

Phone Firms Sell Data on Customers

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Big phone companies have started to sell the data they gather about subscribers' locations, travels and Web-browsing habits, providing a powerful tool for marketers but raising new privacy concerns.

Gupta Makes Case for Appeal

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Rajat Gupta asked a federal appeals court to set aside his insider-trading conviction because he said wiretaps were improperly allowed as evidence.

Best Buy Swings to Loss

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Best Buy posted a quarterly loss as it ramped up cost-cutting and revenue continued to slide. Online sales improved, however.

Prosecutors Weigh Use of RICO in SAC Case

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It is rare for an investment firm to be charged under the Racketeer Influenced and Corrupt Organizations Act, a powerful legal tool used against the Mafia and drug gangs.

Philip Morris to Buy Mexican Unit

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Philip Morris International has agreed to buy the 20% that it doesn't already own in its Mexican tobacco business for about $700 million. The stake is currently held by Grupo Carso SAB, a conglomerate founded by Carlos Slim.

LPL Fined $9 Million for Email 'Failures'

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LPL Financial agreed to pay at least $9 million to end allegations by regulators that the brokerage firm was plagued by "systemic email failures" but did too little to fix them.

NetApp Unleashes Dividend as Profit Falls 4%

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NetApp launched a dividend and promised to raise payouts to shareholders through stock buybacks, calming investors as a weak information-technology market threatens its earnings.

Denso Executives in Price Fixing Plea

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Two more executives of a Japanese auto parts maker have agreed to plead guilty to fixing prices on new-car parts and will spend more than a year in a U.S. prison.

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