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BusinessREUTERS

BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the estimated 1 trillion euros a year the EU loses to tax evasion or avoidance. Full Story


Toll Brothers profit rises 46 percent
(Reuters) - Toll Brothers Inc <TOL.N> posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices, indicating that the housing recovery is spreading across the industry. Full Story

The Irish loophole behind Apple's low tax bill
LONDON (Reuters) - Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Full Story

Lowe's results miss estimates, underperforming Home Depot
(Reuters) - Lowe's Cos Inc <LOW.N> reported a weaker-than-expected quarterly profit on Wednesday, hurt by colder-than-usual weather at the start of the spring selling season and strong competition from larger rival Home Depot Inc <HD.N>. Full Story

Kohl's names Starbucks' Gass chief customer officer
(Reuters) - Kohl's Corp <KSS.N> said on Wednesday that Michelle Gass, who was instrumental in Starbucks Corp's <SBUX.O> U.S. turnaround several years ago, will join the department store in the new position of chief customer officer. Full Story

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