Apple paid no corporate income tax to any nation on tens of billions of dollars in income over the past four years, Senate investigators disclosed ahead of a hearing on Tuesday.
Burberry showed further signs of recovery after a midyear profit warning, as it reported a rise in full-year revenue and bucked a wider trend in the luxury industry that has seen some of its rivals lose steam in China.
Security company G4S said Chief Executive Nick Buckles, who was heavily criticized over the company's handling of the London Olympic Games last year, will resign at the end of the month.
Actavis agreed to acquire Warner Chilcott for about $5 billion in an all-stock deal aimed at enlarging Actavis's portfolio of specialty pharmaceutical brands and shrinking its tax burden.
Yahoo's $1.1 billion deal for Tumblr is a fairy-tale ending for the blogging site, which fetched a rich price despite its meager revenue. Many other highflying Web startups may not be as lucky.
Mark Hayes was a Washington policy wonk on a long and steady ascent. A series of emails to a client was all it took to put that carefully crafted career on hold.
For all the talk that "Wall Street is back" from the ravages of the 2008-2009 crisis, there are signs that the financial industry is undergoing a profound transformation, writes Francesco Guerrera.
