Friday, January 16, 2015

Europe targets Amazon, Wet Seal goes bankrupt, Fortune 500 firms with no female directors

THE FORTUNE DAILY

Friday, January 16, 2015

E.U. makes its case against Amazon - and it ain't pretty


Tech giant's low tax liability depended on massive and 'unjustified' royalty payments to tax-exempt affiliate, according to the European Union's Commission.

Why the Swiss National Bank set a -0.75% interest rate


The Swiss National Bank put out a statement confirming it was dropping interest rates to -0.75 percent. No central bank in the world has ever set an interest rate so low.

Wet Seal files for Chapter 11 bankruptcy


Mall-based, teen-focused peers have faced challenges as mall traffic has weakened and teens turn to larger rivals such as H&M and Forever 21.

Goldman Sachs profit hit by lower trading revenue


Fixed income trading has come under pressure due to weak client trading volumes, stricter capital rules.

Why Whole Foods, Dollar General, and Panera have all been sued over a tiny hiring technicality


When it comes to background checks, the devil is in the details.

By Stephen Gandel

DuPont calls activist Nelson Peltz's attacks 'misleading'


Chemical company says hedge funder has used faulty math. By it's calculation, DuPont's stock performance is double its industry peers.

By Caroline Fairchild

This woman brought foie gras to the U.S.


And she thinks Americans are thoroughly misinformed about the duck delicacy.

By Tom Huddleston, Jr.

Movie studios are banking on an Oscar bump


Moviegoers inevitably flock to Academy Award nominated films. Here's how much in extra ticket sales the studios can expect.
Apple's Swift is on fire
Consumer prices see their biggest decline in six years
Goldman's profit drop and Amazon's European woes — 5 things to know today
The 23 Fortune 500 companies with all-male boards
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