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Keyword: companies

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  • Why It’s Worrying That U.S. Companies Are Getting Older

    08/04/2014 4:44:01 PM PDT · by Nachum · 32 replies
    WSJ ^ | 8/4/14 | Asma Ghribi
    <p>Not only is the American population aging, businesses in the U.S. also are growing older.</p> <p>Older firms are increasingly controlling the largest market share in different sectors of the economy, according to a paper by the Brooking Institution’s Robert E. Litan and Ennsyte Economics’s Ian Hathaway. By 2011, the portion of U.S. businesses aged at least 16 years reached 34%, compared to 23% in 1992. Moreover, those mature companies went from employing only 60% of private-sector workers in 1992 to employing nearly three quarters of the private-sector labor force in 2011.</p>
  • How to stop companies from deserting America before it’s too late

    07/25/2014 6:09:46 AM PDT · by SeekAndFind · 30 replies
    Fortune ^ | 07/24/2014 | Allan Sloan
    Sometimes even journalists get it right. My essay about companies incorporating overseas to dodge taxes, “Positively Un-American,” featured in our last issue, clearly struck a nerve. Since its publication, these corporate “inversions”—a euphemism for “desertions”—have taken on a life of their own. Barely a day seems to pass without a corporation announcing that it plans to leave the U.S. to save taxes but wants to continue having its business, its employees, its directors, and especially its top executives benefit from our rule of law, democratic system, and the other great things that make America America. It just doesn’t want to...
  • Employees Who Stay In Companies Longer Than Two Years Get Paid 50% Less

    06/23/2014 12:08:26 PM PDT · by SeekAndFind · 44 replies
    Forbes ^ | 06/23/2014 | Cameron King
    The worst kept secret is that employees are making less on average every year. There are millions of reasons for this, but we’re going to focus on one that we can control. Staying employed at the same company for over two years on average is going to make you earn less over your lifetime by about 50% or more. Keep in mind that 50% is a conservative number at the lowest end of the spectrum. This is assuming that your career is only going to last 10 years. The longer you work, the greater the difference will become over your...
  • Microsoft: NSA security fallout 'getting worse' ... 'not blowing over'(Double-digit declines)

    06/22/2014 10:23:16 AM PDT · by Dallas59 · 46 replies
    The Register ^ | 6/19/2014 | The Register
    Microsoft's top lawyer says the fallout of the NSA spying scandal is "getting worse," and carries grim implications for US tech companies. In a speech at the GigaOm Structure conference in San Francisco on Thursday, Microsoft general counsel Brad Smith warned attendees that unless the US political establishment figures out how to rein in its spy agencies, there could be heavy repercussions for tech companies "What we've seen since last June is a double-digit decline in people's trust in American tech companies in key places like Brussels and Berlin and Brasilia. This has put trust at risk," Smith said. "The...
  • American Companies Think The Unthinkable — Leaving The U.S.

    04/15/2014 5:23:36 AM PDT · by SeekAndFind · 22 replies
    IBD ^ | 04/15/2014
    Walgreen, America's venerable drug-store chain, is thinking the unthinkable: relocating to Europe. Not because it sees growth and opportunity there, but because of onerous taxes here in the U.S. It's an ominous trend. The Financial Times of London calls it "one of the largest tax inversions ever." That is, a company seeking to avoid punitive taxes in one market by moving to another. No doubt the FT is right. And after its recent $16 billion takeover of Swiss-based Alliance Boots, it would be easy for Walgreen to remake itself as a Swiss company. If it did, the Democratic Party's liberals...
  • The 15 Highest-Paying Companies in America

    03/18/2014 9:21:55 AM PDT · by SeekAndFind · 14 replies
    Wall Street 24X7 ^ | 03/18/2014 | Douglas A. McIntyre, Alexander E.M. Hess, Thomas C. Frohlich and Vince Calio
    Median income for Americans was $34,750 in 2012. At some companies, however, the median is more than five times the national number. Based on figures provided by Glassdoor, 24/7 Wall St. examined the highest-paying companies in America. The companies that pay their employees the most fall primarily into two industries: management consulting firms and tech companies. These companies employ graduates of elite schools who have skills that are in high demand and have high salary expectations to match.Click here to see the 15 Highest-Paying Companies in AmericaConsultancies can afford to pay high salaries. Generally, they are high-margin businesses, relying on...
  • More Companies Dump Employee Insurance for Obamacare

    01/23/2014 10:03:24 AM PST · by NormsRevenge · 13 replies
    Yahoo Finance ^ | 1/23/14 | Brianna Ehley - The Fiscal Times
    This week, another major U.S. retailer—Target—announced that it will be cutting health coverage for its part-time workers in response to changes stemming from the president’s health care law. The Minneapolis-based company now joins the likes of Home Depot and Trader Joes, among others, that have decided to dump part-time employee coverage to save on health care costs.
  • The 10 Most Hated Companies in America

    01/13/2014 1:50:00 PM PST · by SeekAndFind · 82 replies
    Wall Street 24X7 ^ | 01/13/2014 | By Douglas A. McIntyre
    A company can become broadly hated if it alienates a large enough group of people. It may frustrate customers with poor service, anger employees with unpleasant working conditions or low pay, and fail shareholders with poor returns. Often, these shortcomings are intertwined and it’s usually enough for a company to antagonize one of these groups for its reputation — and even its operations and finances — to suffer. Many of the most-hated companies have millions of customers and hundreds of thousands of workers. With this kind of reach, it’s important to keep employees happy in order to maintain decent customer...
  • The 25 Best Companies To Work For In 2014

    12/11/2013 7:37:46 AM PST · by SeekAndFind
    Business Insider ^ | 12/11/2013 | MAX NISEN AND VIVIAN GIANG
    Steve Ballmer has delivered his final interview as Microsoft CEO, talking to long-time Microsoft reporter Mary Jo Foley. The interview is complimentary, focusing on Ballmer's successes, and cruising past his failures like mobile and tablet computing — the words "iPhone," "iPad," "Android," and "Google" don't appear. But in celebrating Ballmer's success, we see why Microsoft is flailing today. We see why the company wants to hire Alan Mulally, a CEO that is celebrated for his turnaround expertise. It's strange to see a company expected to generate $84 billion in sales for fiscal 2014, a 7.4% annual increase, need a turnaround...
  • The 25 Happiest Companies In America

    12/10/2013 8:09:31 PM PST · by SeekAndFind · 14 replies
    Business Insider ^ | 12/10/2013 | Alison Griswold
    Employees at Pfizer really love their jobs. The pharmaceutical giant was voted the happiest company in America by its own workers for the second year running, according to an annual survey from job site CareerBliss. Health care company Kaiser Permanente took second place, followed by Texas Instruments. To come up with its ranking, CareerBliss evaluated thousands of employee-submitted reviews across hundreds of companies. Workers were asked to rate their employers on several happiness factors, including work-life balance, company culture, compensation, and growth opportunities. Each employee review was given an average score between one and five. These scores were tabulated to...
  • Nine Famous Companies That Can’t Get Bigger

    04/05/2013 2:36:26 PM PDT · by SeekAndFind · 10 replies
    Wall Street 24X7 ^ | 04/05/2013
    After years of flourishing, some of America’s largest public corporations have stopped growing. In several cases, this trend began years ago. The companies that cannot grow fall into two categories. The first are those that due primarily to mismanagement have lost sales and been battered by superior competition. The second are companies that may have good management but operate in industries saturated by competition and industries that are no longer growing rapidly — sometimes even shrinking. In both cases, many of these corporations are expected to do little better in the next year or longer, at least as far as...
  • Firearms Companies Restricting Sales To GOVERNMENT Agencies In Areas That Restrict Gun Rights

    02/22/2013 4:08:03 PM PST · by sheikdetailfeather · 39 replies
    CNS News ^ | 2/22/2013 | Gregory Gwyn-Williams, Jr.
    A growing number of firearm and firearm-related companies have stated they will no longer sell items to states, counties, cities and municipalities that restrict their citizens' rights to own them. According to The Police Loophole, 34 companies have joined in publicly stating that governments who seek to restrict 2nd Amendment rights will themselves be restricted from purchasing the items they seek to limit or ban. Extreme Firepower Inc., located in Inwood, WV has had a longstanding policy that states: "The Federal Government and several states have enacted gun control laws that restrict the public from owning and possessing certain types...
  • Look which companies dumping Boy Scouts

    02/05/2013 10:50:39 AM PST · by Maelstorm · 81 replies
    http://www.wnd.com ^ | 2-5-2013 | Art Moore
    Major corporations that have donated to the Boy Scouts of America in recent years are largely remaining quiet ahead of the highly anticipated vote Wednesday on the organization’s policy on homosexuals, but some have made it clear their money will go only to groups that don’t discriminate on the basis of sexual orientation. In 2010, the latest year for which figures are available, the top donors to the Scouts, listed in descending order according to amount, were Intel, Emerson, Verizon, 3M, Bank of America, Wells Fargo, Pfizer, Valero, UPS, U.S. Bank, Eli Lilly and Co., GE, Monsanto, Medtronic, PNC, Nationwide,...
  • Boycott Liberals

    01/01/2013 3:35:36 PM PST · by Tigercap · 36 replies
    tigercap100 ^ | 12/21/12 | Cap
    <p>I’ve seen some lists around the internet, but few gave reasons. I took several of these lists and included only those companies from which I could find justification. Drop me a note (with a source) regarding update recommendations, please. List last updated: 12/29/12.</p>
  • The 12 Companies Paying Americans the Least (But you might have to work for them in this economy)

    11/21/2012 9:10:13 AM PST · by SeekAndFind · 30 replies
    Wall Street 24X7 ^ | 11/21/2012 | Trey Thoelcke, Michael Sauter, Alexander E. M. Hess and SamuelWeigley
    The gap between rich and poor is well illustrated by the large multi-billion dollar corporations employing thousands of low-wage workers. With the Great Recession over, not only are many of these companies now hitting record profits, but their executive pay remains spectacularly high. Meanwhile, according to a report released by the National Employment Law Project, the current federal minimum wage the workers are often paid, is worth 30% less than it was in 1968 in terms of purchasing power. Two-thirds of low-wage workers — those that are paid less than $10 an hour — are employed by large corporations with...
  • The 49ers (How ObamaCare will keep unemployment high)

    11/18/2012 3:53:03 AM PST · by Libloather · 39 replies
    NY Post ^ | 11/18/12 | MICHAEL TANNER
    How ObamaCare will keep unemployment high — by forcing small companies to cut their workforce to fewer than 50 peopleBy MICHAEL TANNER Last Updated: 4:32 AM, November 18, 2012 **SNIP** Under ObamaCare, employers with 50 or more full-time workers must provide health insurance for all their workers, paying at least 65% of the cost of a family policy or 85% of the cost of an individual plan. Moreover, the insurance must meet the federal government’s requirements in terms of what benefits are included, meaning that many businesses that offer insurance to their workers today will have to change to new,...
  • Website for layoffs, company closings

    11/11/2012 12:52:35 PM PST · by KeyLargo · 25 replies
    I found this website for future reference. Are there any other sites where we can find and keep tabs on all of the coming layoffs, plant closings, and shifts to part-time employees from full time due to the Obama economic policies ? Dailyjobcuts.com http://www.dailyjobcuts.com/
  • U.N. Human Rights Council Calls for Boycott of U.S. Companies

    10/25/2012 10:23:26 AM PDT · by NormsRevenge · 11 replies
    Washington Free Beacon ^ | 10/25/12 | Free Beacon Staff
    The Washington Free Beacon has obtained a report soon to be released by the United Nations that calls for an international campaign of legal attacks and economic warfare on a group of American companies that do business in Israel, including Hewlett-Packard, Caterpillar Inc., and Motorola Solutions Inc. The Human Rights Council (HRC), a body dominated by Islamic countries and known for its hostility to, and heavy focus on, the Jewish State, issued the report. The George W. Bush administration refused to participate in the HRC, but President Barack Obama joined it soon after taking office. Members of the HRC include...
  • Companies with the Least Valuable Employees

    09/26/2012 9:14:00 AM PDT · by SeekAndFind · 8 replies
    Wall Street 24X7 ^ | 09/26/2012 | Douglas A. McIntyre and Brian Zajac
    Worker productivity is among the most critical measurements used when evaluating businesses and national economies. One way to measure productivity is sales per employee. Companies that can achieve the highest revenue with fewest employees ordinarily find it easier to also create high profit margins. However, companies with very low revenue per employee operate less efficiently and often have a greater challenge generating high margins. Apple Inc. (NASDAQ: AAPL) is an almost perfect model of a public company with a high revenue yield per employee. Although it employs a small percentage of retail workers, many of its workers are engineers who...
  • Top 25 Most Difficult Companies To Interview; Consulting Firms Lead The Way

    09/01/2012 7:39:17 AM PDT · by SeekAndFind · 14 replies
    Glassdoor ^ | 08/31/2012
    Some companies are notorious for using interview processes that bring you back to the days of your college entrance exams wrought with riddles, written tests, bizarre questions, and multiple rounds of group or in-person interviews. So which companies have the toughest interview processes out there? Glassdoor dug through more than 80,000 interview reviews shared over the past year to uncover the Top 25 Most Difficult Companies to Interview. Company Interview Difficulty Rating Interview Experience: Positive Interview Experience: Negative Company Rating Company Rating McKinsey 3.9 62% 13% 4.1 Very Satisfied Boston Consulting 3.8 70% 10% 4.1 Very Satisfied Oliver Wyman 3.7...
  • U.S. Firms Move Abroad to Cut Taxes

    08/29/2012 11:44:36 AM PDT · by SeekAndFind · 14 replies
    Wall Street Journal ^ | 08/29/2012 | JOHN D. MCKINNON And SCOTT THURM
    More big U.S. companies are reincorporating abroad despite a 2004 federal law that sought to curb the practice. One big reason: Taxes. Companies cite various reasons for moving, including expanding their operations and their geographic reach. But tax bills remain a primary concern. A few cite worries that U.S. taxes will rise in the future, especially if Washington revamps the tax code next year to shrink the federal budget deficit. "We want to be closer to where our clients are," says David Prosperi, a spokesman for risk manager Aon AON +0.03% plc, which relocated to the U.K. in April. Aon...
  • Nine Great American Companies that will never recover

    08/05/2012 2:27:21 PM PDT · by SeekAndFind · 37 replies
    Wall Street 24X7 ^ | 08/04/2012 | Douglas A. McIntyre
    Many American companies have been lauded for their rapid rise to greatness, a process that sometimes takes less than a decade. These firms become leaders in their industries, are renowned for innovation, phenomenal growth, and, in the case of public corporations, their soaring share prices. Google Inc. (NASDAQ: GOOG) usually makes the list, as does Apple Inc. (NASDAQ: AAPL). At the other end of the scale are well-known firms that are so crippled they go bankrupt or disappear entirely. Recently, these have included AMR, the parent of American Airlines, Borders, and Eastman Kodak. Somewhere in the middle — between the...
  • THC, HMA, OREX, HCA, LNCR-Unusual Volume (h'care stocks +unusual pre-decision trades)Read more:

    06/29/2012 4:31:32 PM PDT · by STARWISE · 8 replies
    The Stock Market Watch ^ | 6-28-12 | Alex Fredericks
    We have found the following stocks had unusual volume spikes on Thursday, June 28, 2012. Tenet Healthcare Corp. (NYSE:THC) had a 86.9% volume spike trading 40,717,900 shares. THC’s 30-day average volume is 5,335,410. Shares closed at $5.25 +6.71%. Tenet Healthcare Corporation is an investor-owned health care services company whose subsidiaries and affiliates mainly operate acute care hospitals, ambulatory surgery centers, diagnostic imaging centers and related health care facilities. Health Management Associates (NYSE:HMA) had a 86.1% volume spike trading 24,950,900 shares. HMA’s 30-day average volume is 3,461,860. Shares closed at $7.49 +11.79%. Health Management Associates, Inc and its subsidiariesprovide health care...
  • American Companies with the Most Customers

    04/30/2012 8:54:53 AM PDT · by SeekAndFind · 9 replies
    Wall Street 24X7 ^ | 04/30/2012 | Charles B. Stockdale
    Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics companies sell their products to a considerably larger number of customers — in the U.S. alone. 24/7 Wall St. examined the corporations operating in the largest U.S. consumer-based industries to find the largest companies based on customer count. The customer bases of many of these companies are in the tens of millions. Each company operates in an industry that provides a product or a service to an extremely wide spectrum...
  • Not Another Dime

    04/08/2012 8:43:07 PM PDT · by Tolerance Sucks Rocks · 51 replies
    Townhall.com ^ | April 8, 2012 | Derek Hunter
    I’ve sat by and watched progressives attack our liberties, our Constitution and our way of life for long enough. No more. For too long, conservatives have been content to sit on what we call the high ground while the Left racks up small victory after small victory until all we have left is the high ground under our butts. Enough. They go after Rush Limbaugh, and conservatives say, “This is an outrage,” but do nothing. The most extreme, racist left-wing groups contact advertisers and sponsors and pressure them to abandon shows and networks that made them. And too often –...
  • 17 Big Companies That Are Intensely Religious

    01/19/2012 12:39:00 PM PST · by SeekAndFind · 34 replies
    Business Insider ^ | 01/19/2012 | Kim Bhasin and Melanie Hicken
    Many big brands are intensely religious, even though consumers may not realize it. Most of the time, it comes from a devout founder passing his or her values on down the line. Some companies put their religion right out in the open, and are proud of their identities. Chick-fil-A is infamous for closing on Sundays, and In-N-Out puts Bible verses on its packaging. Interstate Batteries' mission statement states up front that it exists "to glorify God" while selling its products. Still, it's risky for brands to affiliate themselves with a religion directly. Since it's just a polarizing subject, it often...
  • Outrage! Author of 'stimulus' linked to companies it helped

    12/14/2011 6:33:08 PM PST · by Nachum · 11 replies
    wnd ^ | 12/14/11 | Aaron Klein
    An adviser to Barack Obama who played a key role in developing the energy provisions of the so-called stimulus bill has served on the boards of several companies that recently received government funds, including hundreds of millions in "stimulus" money. TJ Glauthier served on Obama's 2008 White House Transition Team. He is widely credited with helping to craft the energy provisions of the American Recovery and Reinvestment Act of 2009, also known as the "stimulus." In addition to serving on the boards of major energy companies, Glauthier previously held two presidential appointments during the Clinton administration. He was the Energy...
  • The 25 Best Companies To Work For In America (Data from Glassdoor.com)

    12/14/2011 8:52:05 AM PST · by SeekAndFind · 11 replies
    Business Insider ^ | 12/14/2011 | Abby Rogers
    Nap pods and rock-climbing walls are fun, but what really makes a great company are the simple things: good people, good opportunities, good pay. Two consulting firms, Bain & Co and McKinsey, beat out the trendy tech companies on Glassdoor's annual ranking, which is based on anonymous employee reviews. Google, Facebook and Apple also scored near the top. We've picked out the top 25 from Glassdoor's survey, with CEO satisfaction rating serving as a tiebreaker. ___________________________________________________________________________ #25 Procter & Gamble Company rating: 3.7 CEO approval: Bob McDonald, 91% 2011 ranking: #23 PRO: "You are able to make your own schedule...
  • REVEALED: The 30 American Companies That Paid Less Than $0 In Income Tax Over The Last 3 Years

    11/06/2011 11:11:45 AM PST · by SeekAndFind · 19 replies
    Business Insider ^ | 11/05/2011 | Linette Lopez
    The corporate tax rate in the U.S. is 35%, but there aren't many companies that end up paying that amount. According to a study by the Citizens for Tax Justice and the Institute on Taxation and Economic Policy, the average tax rate of 280 S&P 500 companies investigated was 18.5% between 2008 and 2010. Over 70 companies paid no taxes at all. And then there were the 30 companies that paid less than nothing — we have those for you here. But first, here's how they get away with it (from the report): * Accelerated depreciation: "The tax laws generally...
  • The 18 Most Hated Companies In America (They've all but given up on customer service)

    10/13/2011 1:50:26 PM PDT · by SeekAndFind · 108 replies
    Business Insider ^ | 10/12/2011 | Gus Lubin and Vivian Giang
    You're not the only person who hates Bank of America, American Airlines and Time Warner. We've updated our list of the worst companies on the American Customer Satisfaction Index, which gives remarkably accurate ratings based on thousands of surveys. The most-hated list hasn't changed much since June, because the companies rated since then are in the well-liked durable goods industries. "Generally speaking, manufacturing companies have a much easier time to quality control their products," ACSI's David VanAmburg told us. "In terms of purchase and consumption, you're going to get much higher ratings than an airline company where there's a greater...
  • Companies paid more for wholesale goods, though inflation pressures muted ('How Ya doin'?)

    08/17/2011 4:10:17 PM PDT · by NormsRevenge · 4 replies
    WaPo ^ | 8/17/11 | Associated Press
    WASHINGTON — A key measure of wholesale inflation rose in July by the most in six months. The measure, called core wholesale inflation, excludes volatile food and energy prices. It surged 0.4 percent last month. But most economists say they aren’t concerned about the increase. One reason is that it was driven largely by costlier tobacco products and pickup trucks, which economists say are probably one-time events. Raw material prices also fell in July. Those figures should lead to lower wholesale prices in coming months.
  • Bedbug infestations growing in certain settings, survey finds

    08/17/2011 1:00:43 PM PDT · by markomalley · 51 replies
    WaPo ^ | August 17 | Lena H. Sun
    Just as students head back to college and families finish summer vacations comes the latest bad news from pest control companies: Bedbug infestations are getting worse and becoming more common in some places, including dorms, hotels, nursing homes, hospitals, office buildings, and schools and day-care centers. According to a survey released Wednesday by the National Pest Management Association and the University of Kentucky, pest control companies say there has been double-digit growth in infestations in the past year. About 54 percent of pest companies reported treating bedbugs in college dorms, compared with 35 percent in 2010; 80 percent reported treating...
  • George Stephanopoulos Scolds Companies Who Relocate Overseas Because of High Taxes:

    08/17/2011 9:44:27 AM PDT · by Nachum · 37 replies
    Newsbusters ^ | 8/17/11 | Scott Whitlock
    According to Good Morning America's George Stephanopoulos, companies that go overseas as a result of high taxes in America are "unpatriotic." The ABC host, who has repeatedly lobbied for higher taxes throughout his journalistic career, endorsed Warren Buffett's call for the rich to pay a higher percentage in taxes. Talking to Donald Trump, Stephanopoulos cajoled, "Warren Buffett made another splash, saying it's not right, he a billionaire, pays 17 percent in taxes when his secretaries and receptionists pay more. Isn't he right about that?" (According to columnist Cal Thomas, Buffett's efforts would make little difference.) Trump insisted that he would...
  • Belgium, France, Italy, Spain Overrule European Regulator, To Impose Standalone Short-Selling Bans

    08/11/2011 4:34:00 PM PDT · by tcrlaf · 3 replies
    Zero Hedge ^ | 8-11-11 | Tyler Durden
    Stop the presses. Barely did we have time to report that European regulators failed to impose a coordinated short selling ban, that Bloomberg reports that the countries most impact by the market plunge are about to impose standalone short-selling bans. These are Belgium, Italy, Spain and France. In other words, it really is on and the 2008 Lehman PTSD flashbacks may now resume. Until we get a headline that says it isn't. The rescue of the Borsa Italian is now more schizophrenic than that of Greece. As a reminder, in the previous post the FT quoted Abraham Lioui, a professor...
  • Russia: Medvedev doubles down on "modernization"

    08/06/2011 10:29:17 PM PDT · by bruinbirdman · 9 replies
    AFPC Russia Reform Monitor ^ | 8/5/2011 | Ilan Berman and Amanda Pitrof, eds.
    The majority of Russians remain dissatisfied with the progress of democratization in Russia, a new poll has found. The Moscow Times reports that 62 percent of people recently polled in an All-Russia Public Opinion Research Centre survey answered that they are “dissatisfied with the development of democracy in Russia.” This number, however, is down marginally from the 73 percent who were dissatisfied with domestic conditions twenty years ago. Meanwhile, those who believe the country is showing progress are largely supporters of the ruling "United Russia" party, are under 45 years of age, and generally active Internet users. [Editors’ Note: Given...
  • Company Using Aborted Fetal Cells in Flavors Shields Partners

    07/15/2011 8:22:55 AM PDT · by julieee · 13 replies
    LifeNews.com ^ | July 15, 2011 | Steven Ertelt
    Company Using Aborted Fetal Cells in Flavors Shields Partners Washington, DC -- The company that was found to be testing their food additives using fetal cells from abortions is now working to hide the names of the corporations it contracts with as a pro-life boycott continues. http://www.lifenews.com/2011/07/15/company-using-aborted-fetal-cells-in-flavors-shields-partners/
  • California companies fleeing the Golden State

    <p>NEW YORK (CNNMoney) -- Buffeted by high taxes, strict regulations and uncertain state budgets, a growing number of California companies are seeking friendlier business environments outside of the Golden State. And governors around the country, smelling blood in the water, have stepped up their courtship of California companies.</p>
  • Driven off the Road by M.B.A.s

    07/10/2011 10:22:48 PM PDT · by LibWhacker · 35 replies
    Time ^ | 7/10/11 | Rana Foroohar
    Bob Lutz, the former Vice Chairman of General Motors, is the most famous also-ran in the auto business. In the course of his 47-year rampage through the industry, he's been within swiping range of the brass ring at Ford, BMW, Chrysler and, most recently, GM, but he's never landed the top gig. It's because he "made the cars too well," he says. It might also have something to do with the fact that Maximum Bob, who could double as a character on Mad Men, is less an éminence grise than a pithy self-promoter who has a tendency to go off...
  • Details of McKinsey study expose Obamacare flimflam

    06/23/2011 7:53:48 AM PDT · by markomalley · 9 replies
    Two weeks ago, the consulting firm McKinsey & Co. released a widely reported survey that said almost a third of private-sector employers reported they will drop their employee health insurance coverage when Obamacare's government-managed insurance exchanges come online in 2014. The survey results exploded two major claims repeatedly made by Obama during and since the conclusion of the health care debate: "If you like your health plan, you can keep it" and "It will not add one penny to the deficit." Obama and his allies reacted with fury to the McKinsey results. Obama's deputy chief of staff for policy, Nancy-Ann...
  • US Medicaid drug lists cost more, deliver less

    06/17/2011 11:38:21 AM PDT · by decimon · 8 replies
    The U.S. Medicaid program is likely paying far more than necessary for medications and not offering patients the most effective ones available, by ignoring international evidence-based lists of safe and effective medications, according to a new study by researchers at University of California, San Francisco. The study, which compared the Medicaid program's Preferred Drug Lists in 40 states nationwide against the World Health Organization's 2009 Essential Medicines List, found that the medications that are automatically paid for by the state-run Medicaid programs vary widely from state to state, with few consistent protocols or rationales for their selection, including cost, safety...
  • Study: U.S. Companies Pay Sixth-Highest Effective Corporate Tax Rate Worldwide; WaPo Buries Item

    04/15/2011 3:39:56 PM PDT · by Nachum · 5 replies
    Newsbusters ^ | 4/15/11 | Ken Shepherd
    Yesterday afternoon, the Bloomberg financial news service picked up on a study by PricewaterhouseCoopers showing that U.S. companies pay the sixth highest effective corporate tax rates in the world. "The tax rate for the largest U.S. companies between 2006 and 2009 was 27.7 percent, compared with a non-U.S. average of 19.5 percent, according to the study," reporter Richard Rubin noted. "Excluding the U.S., companies based in industrialized countries had an average rate of 22.6 percent." But when the Washington Post picked up the story, it condensed the 15-paragraph Bloomberg story to a two-sentence squib on the Economy & Business page...
  • Three largest online poker sites indicted and shut down by FBI

    04/15/2011 1:23:56 PM PDT · by NYRepublican72 · 63 replies · 1+ views
    The Los Angeles Times ^ | 4/15/2011 | Nathaniel Popper
    The founders of the three largest online poker sites were indicted by the FBI on Friday in what could serve as a death blow to the thriving industry. Eleven executives at PokerStars, Full Tilt Poker and Absolute Poker were charged with bank fraud and money laundering in an indictment unsealed in a Manhattan court. Two of the executives were arrested on Friday morning in Utah and Nevada. Federal agents are searching for the others. Prosecutors are seeking to immediately shut down the sites and to eventually send the executives to jail and to recover $3 billion from the companies. By...
  • Why Investors Can't Get More Cash Out of U.S. Companies

    02/19/2011 10:38:18 AM PST · by SeekAndFind · 3 replies
    Earlier this month, Microsoft borrowed $2.25 billion in unsecured debt. What in the world possesses a company with $40 billion in cash and short-term securities to go out and borrow money? Rock-bottom interest rates are one reason. But the bizarre, byzantine U.S. tax code seems to be another. Microsoft declined to comment on whether its recent borrowing was partly driven by tax considerations. But, like many purportedly cash-rich companies, Microsoft can't bring home much of its cash without writing a fat check to the Internal Revenue Service. Politicians have been carping about the more than $2 trillion in cash sitting...
  • Big U.S. companies take tax gripes to Geithner

    01/14/2011 11:55:27 AM PST · by Nachum · 12 replies
    Reuters ^ | 1/14/11 | Kim Dixon
    Chief financial officers from multinational companies meet with Treasury Secretary Timothy Geithner on Friday to air gripes about the tax code under which they pay the steepest rate in the industrialized world. Companies want the rate slashed, arguing that it handicaps them competitively against their foreign-based peers. "The current tax code with its punitive corporate rates and complex maze of deductions and credits highly distorts economic decision-making," said Dean Garfield, president of the Information Technology Industry Council, whose members Cisco Systems and Microsoft Corp will attend the meeting.
  • Chamber Explains Why Companies Aren't Hiring (due to a "regulatory tsunami" generated in DC)

    01/11/2011 10:29:48 AM PST · by NormsRevenge · 13 replies
    Yahoo ^ | 1/11/11 | The Atlantic
    Who better to explain why firms aren't hiring than the nation's largest business federation? How to create jobs was a central focus of the U.S. Chamber of Commerce's State of American Business address today, given by its President and CEO Thomas J. Donohue. It's 2011 outlook was on the optimistic end of the spectrum, asserting that the year will provide 3.2% GDP growth and 2.4 to 2.6 million net new jobs. Of course, that will only bring down the unemployment rate by about 1%. What's holding the private sector back from hiring more aggressively? The Chamber emphasized the "regulatory tsunami"...
  • Bankrupt companies have share value? How?

    12/30/2010 9:44:42 AM PST · by MeneMeneTekelUpharsin · 19 replies · 8+ views
    TEMPE, Ariz. (AP) -- US Airways Group Inc. said Tuesday that it agreed to extend by more than three years a deal to use Mesa Air Group Inc. to operate some of its regional flights while reducing payments to Mesa. Mesa, which is operating under bankruptcy protection, will fly for US Airways through September 2015 under what the companies called a nonbinding term sheet.
  • Many U.S. companies are hiring ... overseas (Rats, RINOs and Unions successfully destroying U.S.)

    12/28/2010 10:54:46 AM PST · by tobyhill · 38 replies · 4+ views
    MSNBC ^ | 12/28/2010 | PALLAVI GOGOI/AP
    Corporate profits are up. Stock prices are up. So why isn't anyone hiring? Actually, many American companies are — just maybe not in your town. They're hiring overseas, where sales are surging and the pipeline of orders is fat. More than half of the 15,000 people that Caterpillar Inc. has hired this year were outside the U.S. UPS is also hiring at a faster clip overseas. For both companies, sales in international markets are growing at least twice as fast as domestically. The trend helps explain why unemployment remains high in the United States, edging up to 9.8 percent last...
  • A total of 234 companies seized so far this year in Venezuela

    12/01/2010 4:26:36 PM PST · by Nachum · 15 replies
    El Universal [Caracas, Venezuela] ^ | 12/1/10 | Roberto Deniz
    Alarms are ringing loud in the business sector. According to the Venezuelan Confederation of Industries (Conindustria), 234 companies have been expropriated so far this year. "The private sector is seriously deteriorated, public policies implemented in the last few years have been steadily destroying jobs," said Carlos Larrazábal, president of Conindustria. The data do not include government's seizures in the agricultural sector. However, these figures confirm the intensification of the expropriation policy in the past two years.
  • Top Companies Aid Chamber of Commerce in Policy Fights

    10/21/2010 8:26:03 PM PDT · by Nachum · 6 replies · 1+ views
    New York Times ^ | 10/21/10 | Eric Lipton*
    Prudential Financial sent in a $2 million donation last year as the U.S. Chamber of Commerce kicked off a national advertising campaign to weaken the historic rewrite of the nation’s financial regulations. Dow Chemical delivered $1.7 million to the chamber last year as the group took a leading role in aggressively fighting proposed rules that would impose tighter security requirements on chemical facilities. And Goldman Sachs, Chevron Texaco, and Aegon, a multinational insurance company based in the Netherlands, donated more than $8 million in recent years to a chamber foundation that has been critical of growing federal regulation and spending....
  • The biggest lie about U.S. companies

    08/04/2010 6:07:02 AM PDT · by KeyLargo · 6 replies
    Market Watch ^ | Aug. 3, 2010 | Brett Arends
    Aug. 3, 2010, 12:01 a.m. EDT The biggest lie about U.S. companies Commentary: Healthy balance sheets? They owe $7.2 trillion, the most ever By Brett Arends BOSTON -- You may have heard recently that U.S. companies have emerged from the financial crisis in robust health, that they've paid down their debts, rebuilt their balance sheets and are sitting on growing piles of cash they are ready to invest in the economy. You could hear this great news pretty much anywhere -- maybe from Bloomberg, which this spring hailed the "surprising strength" of corporate balance sheets. Or perhaps in the Washington...