Apple Focus of Tax Probe, Facebook Tests Free Calls
Jan. 4 (Bloomberg) -- In today's "Bloomberg Equities Report," Bloomberg's Deirdre Bolton reports that Apple is the focus of a Congressional probe on accounting practices at tech companies, Facebook is set to begin testing free mobile calls in Canada and solar maker SunPower is sharply higher in the pre-market after an upgrade. She speaks on Bloomberg Television's "In The Loop."
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U.S. 1Q GDP Revised Up to 1.2% Growth
28:55 - The U.S. economy grew at a faster pace than previously thought in the first quarter as the revised data shows growth of 1.2 percent, based in large part on an increase in consumption. Bloomberg Intelligence's Ira Jersey examines the data on "Bloomberg Daybreak: Americas." (Source: Bloomberg)