- Apple's Stateless Subsidiaries Lower Tax Bills: Senate Report Reuters
Using an unusual global tax structure, Apple has held billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a Senate report on the company's offshore tax structure concluded on Monday.
- Huge Tornado Flattens Area Near Oklahoma City Reuters
A huge tornado flattened an area near Oklahoma City on Monday, leaving a wake of tangled wreckage, as a dangerous storm system threatened as many as 10 states.
- Related: The Cost of Tornadoes
- Wall Street Ends Near Flat; Correction Worry Rises Reuters
U.S. stocks ended little changed on Monday with indexes hovering near record levels as concerns about a correction cut earlier gains that were boosted by acquisition activities.
Greg Troccoli, co-founder of ChartLabPro.com, suggests giving the market room to run but not without a backstop.