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Making it new in Maryland
Would it surprise you to learn that Fast Company magazine just ranked Maryland the third-most innovative state in the nation? Or that Maryland took the U.S. Chamber of Commerce's No. 1 spot for both innovation and entrepreneurship? It's a fact: In our...
Tags: U.S. Chamber of Commerce, Colleges and Universities, University of Baltimore, Science and Technology, Business
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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: Apple Inc., Barack Obama, Taxation, Earnings, Economy, Business and Finance
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Report: Apple avoided billions in U.S. taxes on foreign income
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: Apple Inc., Barack Obama, Earnings, Economy, Business and Finance, Politics
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Allstate investors vote down proposals, back board at annual meeting
Tribune reporterAllstate Corp. investors voted down two shareholder proposals and approved the re-election of its board members at the Northbrook-based insurer's annual meeting. In preliminary results disclosed at the meeting, individual directors received 92 to 99...Tags: Ingersoll-Rand Company, Marketing, Buyback, Walgreen Co., Economy, Business and Finance
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Home Depot boosts profit, sales as housing market improves
Spring was waiting in the wings longer than expected, but the recuperating housing market was enough to boost Home Depot Inc.’s first-quarter earnings above Wall Street’s expectations. For the period ended May 5, the largest home-improvement...
Tags: The Home Depot, Earnings Forecasts, Quarterly or Semiannual Financial Statements, Land Price, Economy, Business and Finance
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United Talent Agency shoots for the stars with new screening room
The numbers on United Talent Agency's new 130,000-square-foot Beverly Hills digs are notable. The Civic Center Drive property includes a 158-piece art collection, 11 conference rooms and a private plaza that can accommodate as many as 500 people....
Tags: Channing Tatum, Arts and Culture, Artists, Johnny Depp, Gwyneth Paltrow
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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. And now it has a new foe attempting to...
Tags: Politics, Cisco Systems Inc., U.S. Congress, Tim Cook, Corporate Officers
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Yahoo's challenge to be building Tumblr's advertising business
SAN FRANCISCO — To punctuate his company's $1.1-billion purchase by Yahoo Inc., Tumblr co-founder and Chief Executive David Karp let loose in a blog post with a celebratory expletive. It was classic Karp, a 26-year-old high school dropout who...
Tags: Social Sciences, Yahoo! Inc., Arts and Culture, Google Inc., Marketing
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Chicago's GrubHub to merge with Seamless
One company was founded in Chicago by hungry software engineers, the other in New York by hungry lawyers. Both were looking to replace restaurants' paper takeout menus with Web-based technology. Now the two rivals are joining forces. GrubHub, one of...
Tags: University of Chicago, Startups, Financing and Stock Offerings, Tribune Company, Finance
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Mergers rare among startups and venture capitalists
The typical venture capital success story goes like this: Investor backs startup. Startup grows rapidly and either goes public, gets acquired or licenses its technology. Investor collects a healthy return. GrubHub and Seamless' plan to merge their...Tags: Initial Public Offerings, Startups, Financing and Stock Offerings, Finance, Mergers, Acquisitions and Takeovers
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Apple tries not to stand out in the tax-avoidance crowd
Apple found itself in the uncomfortable position Monday of being labeled a corporate bad guy, drawing fire from senior senators in both parties for using subsidiaries in Ireland to reduce its tax bill. But if Apple has its way, its bitter rival Google...Tags: Politics, Google Inc., U.S. Congress, Patents, Copyrights and Trademarks, Economy, Business and Finance
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Tellabs CFO resigns
Tribune reporterTellabs Chief Financial Officer Andrew B. Szafran has resigned for personal reasons, the Naperville company said Monday. Tellabs said the move is not related to its operations or financial condition. Tom Minichiello, vice president of finance and...Tags: Tellabs Incorporated, Colon Cancer, Corporate Officers, Economy, Business and Finance
May 20, 2013
|Story| Baltimore Sun
May 20, 2013
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|Story| Los Angeles Times
May 20, 2013
|Story| Chicago Tribune
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