10 minutes is all you need

NYT > Business Day

1. For U.S. Companies, Money ‘Offshore’ Means Manhattan
   In the convoluted world of corporate tax accounting, corporate money that is technically overseas is often held in American banks.

   
   
   
2. Advertising: Army Tries a Reality Style for Recruitment
   The Army is trying to produce commercials styled like a television reality series because younger people increasingly ignore traditional forms of advertising.

   
   
   
3. Xbox One Enters Changed Gaming Landscape
   Microsoft’s new game console also serves as a home entertainment hub, a response to the rising popularity of mobile devices for playing games.

   
   
   
4. Ireland Defends Tax Laws to Critics at Home and Abroad
   Other countries have long been annoyed by Irish tax laws, but the benefit to the struggling country’s economy means the rules are unlikely to change.
5. MetLife Will Repatriate an Offshore Reinsurance Unit
   The life insurance company is bringing Exeter Reassurance of Bermuda back to the United States to alleviate regulatory concerns.
6. Deal Professor: Buffett, With His Magic Touch, May Be Irreplaceable
   Warren Buffett is a skilled deal maker, but who will negotiate such favorable deals for Berkshire Hathaway after he is gone?

   
   
   
7. DealBook: Fallen Goldman Director Appeals for a New Trial
   A lawyer argued that Rajat Gupta, found guilty of leaking boardroom discussions, should be granted a new trial because a judge erroneously admitted wiretapped conversations.

   
   
   
8. High & Low Finance: One Response to Apple Tax Strategy May Be to Copy It
   An unintended consequence of a Senate hearing might be companies deciding to take advantage of the same loopholes as Apple.
9. DealBook: Strong Lobbying Helps Dimon Thwart a Shareholder Challenge
   A JPMorgan Chase shareholder resolution to split the chairman and chief executive roles became a referendum on Jamie Dimon himself. It was a test he easily passed.

   
   
   
10. In Europe, a Fed President Urges Quantitative Easing
    James Bullard, a member of the Federal Reserve’s policy committee, warned Europe of becoming trapped in the economic stasis from which Japan is only now emerging.
11. Square Feet: For Woodbury Common, an Overdue Makeover
    Woodbury Common, a labyrinthine outlet complex north of New York City that draws shoppers from all over the world, is preparing for an expansion and an extensive overhaul.
12. In Disarming Testimony, Apple Chief Eases Tax Tensions
    Tim Cook came to Capitol Hill prepared to face down senators furious over evidence that Apple had avoided paying billions in taxes, but he left having won many of them over.

    
    
    
13. Square Feet: Ambitious Paris Project Takes Shape in the Suburbs
    The 154-acre Clichy Batignolles, named for the adjoining neighborhoods in northwest Paris, will include offices, housing, a park and a court complex.
14. The 30-Minute Interview: The 30-Minute Interview: Bruce S. Fowle
    Mr. Fowle is the founding principal of FXFowle Architects, which is working on the expansion and renovation of the Jacob K. Javits Convention Center.
15. DealBook: Brokerage Firm to Pay $7.5 Million Fine to Regulators
    LPL Financial will settle accusations that it made misstatements and failed to supervise its brokers’ communications properly.