Apple Sets Value Record; Best Buy Bombs

May 22 (Bloomberg) -- Google has used a pair of tax shelters known by tax attorneys as the “Double Irish” and “Dutch Sandwich” that move foreign profits through Ireland and the Netherlands to Bermuda to avoid about $2 billion in income taxes a year, according to the company’s filings in the U.S. Caroline Hyde follows the money trail on Bloomberg Television's "Countdown." (Source: Bloomberg)

May 22 (Bloomberg) -- Apple CEO Tim Cook defended his company’s use of offshore tax shelters before U.S. senators who castigated the most-valuable technology company for avoiding $9 billion and more in payments. Caroline Hyde takes a look at Apple's offshore operations on Bloomberg Television's "Countdown." (Source: Bloomberg)

Retired South African archbishop Desmond Tutu wins the $1.7m Templeton Prize for his contribution to 'affirming life's spiritual dimension'. Paul Chapman reports.