Tim Cook

Tim Cook News

  • Apple CEO Cook Talks to Congress as Steve Jobs Never Did

    Updated 1 hour, 2 minutes ago

    Apple Inc. Chief Executive Officer Tim Cook went somewhere his predecessor never ventured: the witness table at a congressional hearing on Capitol Hill.

  • U.S. Stocks Rise as Bullard Says Stimulus Should Continue

    Updated 56 minutes ago

    U.S. stocks rose, sending benchmark indexes to records, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth.

  • Apple CEO Cook Rebuts $9 Billion Tax-Avoidance Claim

    Updated 1 hour, 3 minutes ago

    Apple Inc. Chief Executive Officer Tim Cook defended his company’s use of offshore tax shelters before U.S. senators who castigated the most-valuable technology company for avoiding $9 billion and more in payments.

  • Actavis Lowers Tax Rate to 17% After Warner Chilcott Deal

    Updated 1 hour, 35 minutes ago

    Actavis Inc.’s $5 billion deal to buy Warner Chilcott Plc brings in a new stable of brand-name women’s health drugs. It also comes with headquarters relocated to Ireland and lower taxes for the combined company.

  • Apple Seen Using Loopholes to Avoid $9 Billion in Taxes

    Updated 32 minutes ago

    Apple Inc. used “loopholes” to avoid paying $9 billion in U.S. taxes in 2012, U.S. Senator Carl Levin said at a hearing that brought the company’s chief executive officer, Tim Cook, to Washington to defend the strategies.

  • Ireland's Appeal to Apple

    When Apple CEO Tim Cook testifies today before a congressional panel that's examining how companies use various maneuvers to cut their tax bills, here's a number to keep in mind: 2 percent.

  • Apple Urges Simpler U.S. Tax Code Ahead of Senate Hearing

    Apple Inc., outlining proposals for a simplification of the U.S. corporate-tax system, urged Congress to lower tax rates and implement levies on foreign earnings that will enable “free movement” of capital back to the U.S.

  • Cameron Refrains From Talking Tax With Google’s Schmidt

    U.K. Prime Minister David Cameron held back from discussing the tax affairs of Google Inc. during a meeting with business leaders who included the California- based company’s executive chairman, Eric Schmidt.

  • Digging Into Apple’s Overseas Cash Pile

    Apple is sitting on $40.4 billion in earnings overseas. The U.S. Senate wants to know what the company plans to do with it.

  • Apple CEO Cook to Propose Tax Reform for Offshore Cash

    Apple Inc., which holds $102 billion in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country.

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