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WASHINGTON (Reuters) - Apple Inc came under fire on Tuesday at a Senate hearing over an investigation that alleged the U.S. high technology icon has kept billions of dollars in profits in Irish subsidiaries and paid little or no taxes to any government. Full Story


Best Buy sees investments squeezing near-term profits
(Reuters) - Best Buy Co Inc reported lackluster sales in the first quarter and warned that efforts to entice shoppers could squeeze profits in the near term. Full Story

Exclusive: Intel CEO shakes up units, creates "new devices" group - source
SAN FRANCISCO (Reuters) - Intel Corp's new chief executive, Brian Krzanich, has reorganized key business groups and created a "new devices" unit, according to a source who has seen an internal email, shaking up the world's top chipmaker days after formally assuming control. Full Story

Exclusive: Glencore's top aluminum exec to leave, first exit since takeover-sources
NEW YORK (Reuters) - Glencore Xstrata's <GLEN.L> head of aluminum, Gary Fegel, is set to leave the company, three sources said, the first high-profile departure since commodity trading giant Glencore closed its purchase of miner Xstrata this month. Full Story

Embraer books 'milestone' SkyWest deal worth up to $8.3 billion
SAO PAULO (Reuters) - SkyWest Inc <SKYW.O>, the world's largest regional airline group, agreed to buy at least 40 new jets from Brazilian planemaker Embraer SA <EMBR3.SA>, in a deal that could climb to 200 aircraft and a total price tag of more than $8 billion. Full Story

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