Sen. Levin's Crackdown On Apple

May 24 (Bloomberg) -- After accusing Apple of stashing cash overseas, what will Michigan Senator Carl Levin do about it? In an interview with Peter Cook on Sunday's Bloomberg Government's "Capitol Gains", Levin calls the results of his Apple investigation "stunning". The Democrat says tax breaks allowing companies to shift profits to offshore tax havens are not "defensible", and says a bill closing those "unjustified" loopholes would win bipartisan support in the Senate. Levin also discusses the outlook for broader corporate tax reform. (Source: Bloomberg)
Rate Rise: Breaking Down the Fed Minutes
14:07 - David Bloom, global head of FX strategy at HSBC, and Bloomberg Intelligence's Jamie Murray discuss the Fed Minutes and the possibility of a rate hike. They speak to Bloomberg's Anna Edwards on "Countdown." (Source: Bloomberg)
  • Angela Merkel: Nobel Peace Prize Winner?
  • DSV Buys UTi Worldwide for $1.35B
  • Why 4Q Will Be Pivotal for American Companies