Business Today: Credit Suisse fined $2.5 billion after pleading guilty to U.S. tax charge

		Click to View in Browser 05/20/2014 Credit Suisse fined $2.5 billion after pleading guilty to U.S. tax charge WASHINGTON/NEW YORK/ZURICH (Reuters) - Credit Suisse has agreed to pay a $2.5 billion fine to authorities in the United States for helping Americans evade taxes after becoming the largest bank in 20 years to plead guilty to a U.S. criminal charge. Wall Street to open flat after two-day gain; Home Depot down NEW YORK (Reuters) - U.S. stocks were poised for a flat open on Tuesday, after the S&P 500 advanced for two straight days and investors assessed some of the final corporate results of earnings season. Slow start to spring selling season hurts Home Depot sales (Reuters) - Home Depot Inc reported lower-than-expected quarterly sales as its spring selling season got off to a slow start after a severe winter in many parts of the United States. EU Commission charges HSBC, JPMorgan, Credit Agricole with rigging BRUSSELS (Reuters) - European Union antitrust regulators charged Europe's biggest bank HSBC, U.S. peer JPMorgan and France's Credit Agricole on Tuesday with rigging financial benchmarks linked to the euro, exposing them to potential fines. AstraZeneca shareholder urges board back into talks with Pfizer LONDON (Reuters) - AstraZeneca's twelfth largest shareholder Schroders has joined a chorus of investor disapproval over its rejection of a takeover offer by Pfizer and urged it back into talks. Staples forecasts fall in sales, shares drop (Reuters) - Staples Inc forecast a decline in sales in the current quarter as it struggles to win back shoppers who have shifted office supply purchases to e-retailers, mass merchants and drugstores. Valeant says sweetened bid for Allergan will not be all-cash (Reuters) - Canada's Valeant Pharmaceuticals International Inc said its sweetened offer for drugmaker Allergan Inc would not be an all-cash bid as was expected. How Credit Suisse got a stiffer penalty than UBS WASHINGTON/NEW YORK (Reuters) - U.S. prosecutors first raised the specter of a criminal plea by Credit Suisse Group AG more than two years after starting an investigation into whether the Swiss bank had helped wealthy Americans evade taxes. N.Y. Times publisher denies fired female editor was paid less NEW YORK (Reuters) - Days after the sudden termination of Jill Abramson as executive editor of The New York Times, the first woman to hold that position, the newspaper's publisher denied reports that she had been paid less than her predecessor. Marks & Spencer plans to open 100 stores in India by 2016 MUMBAI (Reuters) - Britain's largest clothing retailer Marks & Spencer on Tuesday said it will open a hundred stores in India by 2016 instead of 86 as planned last year. Related Video Credit Suisse pleads guilty in tax cheating case Breakingviews: The new Vodafone needs investor patience Economic News UK inflation rises for first time in 10 months in April Fed's super-easy policies pose risks, officials say A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend