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AP Top Business News At 12:34 a.m. EDT

Apple case seen as possible spur to tax action
WASHINGTON (AP) -- Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law....

Bernanke testimony to be studied for policy clues
WASHINGTON (AP) -- When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might soon taper - or increase - its support for the economy....

Asia stocks rise as Fed official backs easy policy
BANGKOK (AP) -- Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. central bank should stick with its super-easy monetary policy....

First Look: New Xbox elegant, but much unknown
REDMOND, Wash. (AP) -- Will gamers want One?...

JPMorgan's Dimon survives shareholder referendum
TAMPA, Fla. (AP) -- Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank. But shareholders sent a message that the bank needs better oversight by giving only narrow approval to three of the bank's board members....

Senate panel approves immigration bill
WASHINGTON (AP) -- Far-reaching legislation that grants a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters somberly sidestepped a controversy over the rights of gay spouses....

Does France have right plan to revive its economy?
PARIS (AP) -- The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite....

Japan's trade deficit hits $8.6B due to weaker yen
TOKYO (AP) -- Japan's trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import costs....

Microsoft touts Xbox One as all-in-1 entertainment
REDMOND, Wash. (AP) -- Microsoft thinks it has the one....

Ex-Ford execs charged in Argentine torture cases
BUENOS AIRES, Argentina (AP) -- Three former Ford Motor Co. executives were charged Tuesday with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the country's 1976 military coup....

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Up to the Minute
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Bernanke testimony to be studied for policy clues

Japan's trade deficit hits $8.6B due to weaker yen

JPMorgan's Dimon survives shareholder referendum

Best Buy reports 1Q loss on restructuring costs

Volkswagen to put special fuel caps on diesels

Housing recovery boosts Home Depot 1Q results

Merck to repurchase $5B in common stock

JPMorgan Directors Glance: How shareholders voted

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