KATU - News - Business http://www.kpic.com/news/business RSS Feed for KPIC - News - Business en-us Tue, 21 May 2013 20:10:14 GMT Apple's CEO faces tough Senate questions on untaxed profits http://www.kpic.com/news/business/Apples-CEO-faces-tough-Senate-questions-on-untaxed-profits-208348531.html The Senate dragged massively profitable Apple Inc. into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. taxes. Average credit card debt, late payments fall in 1st quarter http://www.kpic.com/news/business/Average-credit-card-debt-late-payments-fall-in-1st-quarter-208329701.html Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt. SBA starting new lending program for veterans http://www.kpic.com/news/business/SBA-starting-new-lending-program-for-veterans-208329401.html The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans. GM to invest $44.5 million in Lansing Cadillac factory http://www.kpic.com/news/business/GM-to-invest-445-million-in-Lansing-Cadillac-factory-208328441.html General Motors says it will invest $44.5 million at a Lansing, Mich., factory, creating 200 new jobs. Senators agree to expansion of high-tech visas http://www.kpic.com/news/business/Senators-agree-to-expansion-of-high-tech-visas-208328221.html Officials say leading senators trying to resolve a key issue on immigration legislation have agreed to a compromise covering expansion of a high-tech visa program. Does France have right plan to revive its economy? http://www.kpic.com/news/business/Does-France-have-right-plan-to-revive-its-economy-208327801.html The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. Economists predict increase in consumer spending http://www.kpic.com/news/business/Economists-predict-increase-in-consumer-spending-208138751.html Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. Earnings preview: PC slump hangs over HP's 2nd quarter http://www.kpic.com/news/business/Earnings-preview-PC-slump-hangs-over-HPs-2nd-quarter-208138441.html Hewlett-Packard's latest quarterly results will show how badly the deteriorating personal computer market damaged the company while CEO Meg Whitman tries to expand into more profitable areas of technology. NBC hires news division chief from Britain http://www.kpic.com/news/business/NBC-hires-news-division-chief-from-Britain-208137711.html NBC has gone out of the company and out of the country to find a president for its news division. Ryanair keeps growing, reports record profits http://www.kpic.com/news/business/Ryanair-keeps-growing-reports-record-profits-208137111.html Ryanair reported record profits Monday as Europe's largest budget airline relentlessly expanded its route network across the continent and into North Africa.