“Business and Finance” on The Daily Caller

Apple chief executive Steve Jobs was ordered by a U.S. judge to testify in an antitrust lawsuit that alleges the company prevented music files sold by competitors from playing on its iPods. (more)

U.S. military operations in Libya could wipe out a significant chunk of the budget cuts won by congressional Republicans in recent weeks, defense analysts say. (more)

WASHINGTON (AP) — The Supreme Court decided on Monday not to stop the release of Federal Reserve Board documents identifying financial companies that received Fed loans to survive the financial crisis. (more)

I’m a big fan of giving the benefit of the doubt to issues I don’t agree with. My thinking is always that if there’s a ban, a loophole or a hurdle, it was placed there not to piss anybody off, but because of some honest, albeit sometimes wrong-headed, motivation to do the right thing. When I discover, however, that the driving force is malevolent, illegal, or just plain immoral, all bets are off. (more)

The Federal Reserve kept its easy-money policies intact as markets reeled from a series of global shocks that could upset a firming U.S. recovery, which Fed officials indicated was just starting to take hold. (more)

Internet company AOL Inc. said Twitter Co-Founder Biz Stone will become a “social impact” strategic adviser for the company, as part of its broader integration with online news site the Huffington Post. (more)

It has become clear that this Congress is not going to be one that passes fundamental tax reform. Anything that would pass the Democrat Senate or be acceptable to President Obama would be a net tax increase, and that is unacceptable to the House of Representatives and their 237 Taxpayer Protection Pledge signers. Attempts thus far at tax reform — the Simpson-Bowles commission and “Gang of Six” efforts come to mind — have been tax increases disguised as rate-cutting tax reform. Nevertheless, that does not mean that a significant opportunity isn’t there on an aspect of fundamental tax reform — namely, doing another round of low-tax repatriation of foreign corporate profits. (more)

WASHINGTON (AP) — The White House called for $6.5 billion in immediate spending cuts Thursday as negotiations opened with tea party-backed Republicans in Congress seeking reductions nearly 10 times as large in their drive to reduce the size of federal government. (more)

Billionaire Warren Buffett said the U.S. economy is “coming back” and does not need more stimulus, despite an uneven recovery that mirrors the fortunes of businesses at his company, Berkshire Hathaway Inc. (more)

Federal Reserve Chairman Ben Bernanke says a plan from House Republicans to cut $61 billion in spending this year would not harm economic growth. (more)

The New York Stock Exchange’s plan to merge with Deutsche Borse, while promising more efficiency for investors in global stocks, may hurt small U.S. enterprises that are finding it increasingly difficult to tap into the stock market so they can grow and create jobs. (more)

The U.S. government is so concerned about China’s military and intelligence goals that it monitors and at times restricts Chinese investments in the U.S. down to even very small transactions. Yet nobody in Washington seems to be asking if selling our debt to China in amounts totaling hundreds of billions or even trillions of dollars poses any long-term risk to the United States. (more)

A study released Thursday said that interactions on Craigslist were linked to 330 U.S. crimes — 105 robberies and 12 resulting in deaths — over a 12-month period. (more)

House Republicans told Senate Democrats on Wednesday that they would agree to a temporary spending bill to avert a government shutdown next week only if the measure began instituting House-passed cuts on a pro-rated basis. (more)

Federal agencies are preparing to operate at reduced levels if a government shutdown occurs, but the Obama administration hopes to strike a deal with congressional Republicans to avoid one, the White House said Tuesday. (more)

The two men now running the White House for President Obama made a lot of money last year, some of it from the same industries they now sit in powerful positions to impact. (more)

Rahm Emanuel, who has over 20 years of fundraising experience, has raked in some serious dough for his own mayoral campaign. Today is his D-Day. (more)

Washington (CNN) – With funding for the federal government set to expire in less than two weeks, Senate Democrats and House Republicans are in discussions to avoid a government shutdown, a Senate Democratic leadership source told CNN. (more)

Blockbuster Inc. is preparing to put itself up for sale after creditors disagreed on plans to give the movie-rental chain more cash to help it exit bankruptcy protection, people familiar with the matter said. (more)

The White House and congressional Democrats are talking up a “green investment bank.” (more)