Market gains as Fed official reassures investors
Stocks rose on reassuring remarks from Federal Reserve official James Bullard and better results from major retailers. The Dow gained 52 points to 15 387 while the S&P 500 edged up 2.87 to 1 669 and the Nasdaq rose 5.69 to 3 502 as investors awaited Fed minutes and Bernanke testimony. Home Depot jumped 2.5 percent after reporting higher quarterly income.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
James
Standard & Poor
Dow
S&p
Fed
J.P. Morgan Chase & Co
Jamie Free
Home Depot
Microsoft reveals Xbox One as all in one home system
Microsoft unfolds the Xbox One at Redmond highlighting an all in one entertainment console blending live TV music movies games and apps. The device aims to dominate living rooms with voice controls and seamless switching between TV sports fantasy updates and Skype while showcasing split screen features.
MENTIONED IN THIS ARTICLE
Redmond
Wash
Microsoft
Apple
Sony
Nintendo
Don Mattrick
Interactive Enter
Tainment
Apple Chief Tim Cook grilled by Senate over taxes
Tim Cook stated Apple pays all taxes owed as senators scrutinize its Irish subsidiaries. A government report claims Apple avoided billions in U.S. taxes in 2011 and 2012 via overseas profits, while Cook argues profits overseas are not taxed until repatriated. Apple holds about 102 billion in offshore cash and plans no repatriation under current rates.
MENTIONED IN THIS ARTICLE
Washington, D.C
Senate
Apple Inc
U.S
Tim Cook
Cook
Senate Permanent Subcommittee
Apple
Solar push in Georgia to expand solar energy use
Advocates push Southern Co. subsidiary Georgia Power to broaden solar energy in the state's two decade plan. Regulators heard testimony on three year planning cycles as solar supporters and tea party groups fault the utility for not adding new solar forms.
MENTIONED IN THIS ARTICLE
Atlanta
Georgia
Southern Co
Georgia Power
JPMorgan CEO Survives Shareholder Referendum on Chair Role
JPMorgan Chase CEO Jamie Dimon withstood a shareholder vote that would have forced him to relinquish the chair role. The tally gave narrow approval to three board members while Dimon’s rule remained intact and Dimon strengthened his standing with investors.
MENTIONED IN THIS ARTICLE
Tampa
Fla
Jamie Dimon
Jpmorgan Chase
Sage
Dimon
Also Mentioned on This Page
Bullard
St. Louis
Germany
Lawrence Creatura
Federated Investors
Ben Bernanke
Congress
Michael Binger
Gradient Investments
Minneapolis
Minn
Binger
AP Photo
TEDS
Warren
Microsoft Corp
Scott Applewhite
Homeland Security and Governmental Affairs
Subcommittee
Sen
Carl Levin
D-Mich
Capitol Hill
Jpmorgan
Chip Marvin
the Alley Aiken
Morgan Stanley
Morgan Stanley Smith Barney LLC
SIPC
Ates Roofing
Bates & Sons, I Inc
Clein
Cleim's
Telfair St
13Th St
Telfair
Augusta
Wayne Damron
A.W.A
Steve Damron
A.na
Allied Health and Medical Management
SCHEV
CenturaOnline.com
Centura “College
Newberry St
Minnie Lovins i
Nu Look Fitness
NuLookaiken.com
Aiken Gifts
Aiken Chamber
Aikenchamber.net
Woodside
South Carolina
The
Medical Board
State of Ohio
American Massage Therapy Association
Woodside Executive Park
I Tractor
Richland Ave
EZ Rentals & Sales