- Housing Recovery Boosts Home Depot 1Q Results AP
Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
- IRS Officials Back on Capitol Hill Hot Seat Over Targeting Reuters
A Senate panel will try on Tuesday to pry more details out of current and former officials of the Internal Revenue Service about the agency's targeting of conservative groups for extra scrutiny when they sought tax-exempt status.
- Apple Avoided Taxes on Overseas Billions, Senate Panel Finds The Wall Street Journal
Apple paid no corporate income tax to any national government on tens of billions of dollars in overseas income over the past four years, Senate investigators found, a revelation that fuels the debate over whether the U.S. tax code needs an overhaul.
Greg Troccoli, co-founder of ChartLabPro.com, suggests giving the market room to run but not without a backstop.