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Keyword: companies

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  • One trillion dollars have flowed into the American economy as Trump’s tax law changes allowed companies to repatriate profits without tax penalty

    12/27/2019 5:34:53 AM PST · by SeekAndFind · 7 replies
    American Thinker ^ | 12/27/2019 | Thomas Lifson
    President Trump’s tax reform has delivered more than a trillion dollars of stimulus to the American economy through corporations repatriating profits held overseas in order to avoid penalties that the tax law had imposed on bringing home the funds earned abroad. Bloomberg reports: Corporations have brought back more than $1 trillion of overseas profits to the U.S. since Congress overhauled the international tax system and prodded companies to repatriate offshore funds, a report showed Thursday. (snip) Investment banks and think tanks have estimated that American corporations held $1.5 trillion to $2.5 trillion in offshore cash at the time the law was enacted. Before the overhaul,...
  • Mapping autonomously: The cost of helping a self-driving car get around the city

    12/04/2019 1:04:56 PM PST · by Tolerance Sucks Rocks · 10 replies
    The Pittsburgh Post-Gazette ^ | December 2, 2019 | Pittsburgh Post-Gazette
    In the highly competitive race to get self-driving cars to the market, most companies hold their secrets close. But when it comes to helping those cars figure out where they are on the road, some experts are ready to open up. Argo AI, based in the Strip District, and Aptiv, based in O’Hara, publicly released some of their own data sets earlier this year in an effort to further advancement in the field. The companies shared parts of their own maps of cities where they are testing self-driving cars, including Pittsburgh. That may seem strange considering the abundance of applications...
  • Pa. DEP and major oil companies agree: Trump administration shouldn't roll back methane rules

    12/03/2019 7:49:23 AM PST · by Tolerance Sucks Rocks · 19 replies
    The Pittsburgh Post-Gazette ^ | December 2, 2019 | Pittsburgh Post-Gazette
    Several groups that often are at odds over environmental rules are on the same side when it comes to easing methane regulations at oil and gas sites. The Pennsylvania Department of Environmental Protection joined major oil and gas companies, environmental groups and lawmakers from both parties last week in urging the Trump administration not to go through with its proposal to eliminate methane control requirements from well sites and pipelines across the country. The U.S. Environmental Protection Agency is proposing to roll back rules adopted in 2016 that require companies to identify and stop methane leaks from new and modified...
  • In Florida, 99% of companies pay no corporate income tax — with lawmakers’ blessing | Special Report

    11/14/2019 6:50:15 PM PST · by Tolerance Sucks Rocks · 36 replies
    The Orlando Sentinel ^ | November 13, 2019 | Jason Garcia
    EBay Inc., the online auction company with 180 million buyers around the world, earned $34 million of profit in Florida in 2014, according to state auditors. At Florida’s official corporate income tax rate of 5.5 percent, eBay should have paid more than $1.8 million in state taxes -- enough money to hire 40 new teachers. But records show eBay actually paid $18,810 -- not even enough to hire one. It’s not an isolated example. Auditors say Sanofi Pasteur Inc., one of the world’s largest vaccine manufacturers, earned an estimated $55 million of profits in Florida between 2008 and 2013 --...
  • DeSantis approved these toll roads. So where’s the reason to build them?

    10/30/2019 3:23:27 PM PDT · by Tolerance Sucks Rocks · 16 replies
    The Tampa Bay Times ^ | October 25, 2019 | Lawrence Mower
    LECANTO — When Florida lawmakers signed off this year on a bill creating more than 300 miles of toll roads, they did so with scant evidence the project was needed. More than five months later, after Gov. Ron DeSantis signed it into law and the project has been vetted in two rounds of public hearings, local officials are growing frustrated by the persistent lack of details about what would be the largest expansion of Florida’s toll system in decades. “We’re beating a dead horse right now before it’s even born,” said Dixie County Commissioner Mark Hatch, who sits on a...
  • 14 Times American Companies Self-Censored Or Apologized To Appease Communist China: It's The Money!

    10/10/2019 8:51:18 PM PDT · by SeekAndFind · 6 replies
    The Federalist ^ | 10/10/2019 | Madeline Osburn
    The recent controversy about China’s public censure of the NBA has opened American eyes to the longtime practice of many U.S. companies bending over backwards to appease the Chinese government, lest they face the financial cost of losing business in overseas markets.When the NBA apologized on Monday for the Houston Rockets’ general manager’s pro-Hong Kong tweet, and China retaliated by prohibiting broadcasts of NBA preseason games played in the country, Americans on the left and the right were united in anger that a U.S. institution would abandon principles so quickly for the sake of their wallet. But in reality,...
  • Some Of Our Senators Have A Lot Of Money Invested In Companies They Oversee

    09/21/2019 7:20:17 PM PDT · by SeekAndFind · 15 replies
    Hotair ^ | 09/21/2019 | Jazz Shaw
    Well, it’s really not just some of our Senators. It’s more than half of them. Some fine investigative work by Sludge in partnership with the Guardian has produced a deep dive into the investment portfolios of United States Senators and their spouses, finding troubling alignments between the companies they are profiting from and the ones they are charged with overseeing. Does that sound like it should be illegal to you? Would you be terribly shocked if I told you it wasn’t? (insider.com) Fifty-one US senators and their spouses have up to $96 million invested in corporate stocks, raising conflict...
  • Here Are the 25 Highest Paying Companies in America

    09/20/2019 11:55:44 AM PDT · by SeekAndFind · 21 replies
    Fortune ^ | 09/20/2019
    Cybersecurity expertise might be the key to a generous salary, according to a new ranking of company salaries.Palo Alto Networks tops a list of the 25 highest paying companies in America from career site Glassdoor, coming in with a median salary of $170,929. That puts it ahead of Nvidia, where the average employee takes home $170,068 per year.Here's how the rest of the Top 10 shakes out, with median total salaries listed. Palo Alto Networks: $170,929Nvidia: $170,068Twitter: $162,852Gilead Sciences: $162,210Google: $161,254VMware: $158,063LinkedIn: $157,402Facebook: $152,962Salesforce: $150,379Microsoft: $148,068 (See the complete list on Glassdoor.)Tech companies dominate the list and many are based...
  • In A First, China Has More Companies On Fortune Global 500 List Than The US

    07/23/2019 11:14:41 AM PDT · by Enlightened1 · 22 replies
    South China Morning Post ^ | 07/22/19 | Zheng Yangpeng
    The number of US companies on the list has declined to 121 from 126 last year The contribution of state-owned enterprises has risen to 80.2 per cent of Chinese companies on the list from 76.3 per cent last year In a first, more Chinese companies have made it to Fortune magazine’s list of the world’s top 500 firms this year, than from the United States. A total of 129 companies, including 10 from Taiwan, were ranked among the world’s biggest firms by operating revenue, according to a list released on Monday. Their number rose from 120 last year, while the...
  • Elizabeth Warren’s bizarre anti-tech billboard

    05/30/2019 7:30:02 AM PDT · by Kaslin · 26 replies
    Hot Air.com ^ | May 30, 2019 | JAZZ SHAW
    Massachusetts Senator Elizabeth Warren was one of the earlier 2020 candidates to propose breaking up the largest tech companies and potentially having the government regulate them like utilities. It’s a mantra she’s repeated on the campaign trail on a regular basis. But now she’s doubling down on the message with a campaign tactic that may not make the most sense. Her team has put up a massive billboard on the subject, which isn’t all that unusual for a political campaign. It’s the location that makes it peculiar. She put it up right in Silicon Valley near many of the Big...
  • The most popular companies in America, ranked by partisan leaning

    03/12/2019 2:12:57 PM PDT · by Twotone · 26 replies
    Axios.com ^ | March 10, 2019 | David Nather
    The red-blue divide has a big impact on Americans' views of companies, with only two — Wegmans and Publix Supermarkets — appearing on the top 10 list of favorite companies for both Democrats and Republicans, according to an Axios-Harris Poll survey of corporate reputations. The big picture: People's political views lead them in different directions. Democrats favor the Kraft Heinz Company, while Republicans like Chick-fil-A. But they agree more on the companies they hate — because bad performance affects everyone.
  • 2 companies offer to pay for the funerals of all 23 Alabama tornado victims

    03/06/2019 10:30:52 AM PST · by LibWhacker · 30 replies
    WSMV ^ | 3/6/19 | Staff
    Two large corporations that declined to be named offered to pay for the funerals of all 23 victims who died during Sunday's tornadoes in eastern Alabama. Lee County Coroner Bill Harris confirmed the offer Tuesday, saying "it came out of the blue." "What a wonderful blessing this will be for the families who have lost loved ones!" the sheriff's office wrote on Facebook. "To these corporations we thank you! We're told these are national companies and officials are still working out the details. The names and ages of all 23 victims who died in what is said to be the...
  • Turkish vice president says gov’t took over 1,004 companies across 42 provinces

    11/01/2018 3:58:48 PM PDT · by Texas Fossil · 14 replies
    Turkish Minute ^ | November 1, 2018 | TM
    Turkey’s Vice President Fuat Oktay has said the state-run Savings Deposit Insurance Fund (TMSF) had appointed trustees to 1,004 companies across 42 provinces as of Oct. 25 over their alleged links to the Gülen movement under a crackdown that began following a coup attempt in July 2016, Turkish media reports said on Wednesday.Speaking in the Turkish Parliament about the presidency budget, Oktay said the value of assets of the seized companies as of Sept. 30 was TL 55.74 billion, while their total turnover was TL 21.95 billion, total owned resources TL 21.05 billion and period income TL 1.53 billion.The government...
  • What Employers Want From Cities; What Factors Do Companies Consider When They Relocate?

    07/10/2018 10:48:36 AM PDT · by SeekAndFind · 29 replies
    Manhattan Institute ^ | 07/10/2018 | Aaron M. Renn
    There are various dueling popular narratives about what drives economic growth in a city or region. One narrative focuses on business climate factors such as taxes and regulation. Others stress the importance of locally available talent or affordable housing and commercial property. But the reality is that economic growth is multi-factorial. There’s no single component that drives every outcome. Places have to pay attention to many things, not just one. Consider, for example, the recent announcement that the investment management firm AllianceBernstein will relocate its headquarters and more than 1,000 jobs from New York City to Nashville. If talent were...
  • DNC bans donations from fossil fuel companies (Why not ban the use of fossil fuels?)

    06/13/2018 9:38:22 AM PDT · by rktman · 48 replies
    hotair.com ^ | 6/12/2018 | John Sexton
    The DNC has voted not to accept any donations from fossil fuel companies. From HuffPost: The resolution ― proposed by Christine Pelosi, a party activist and House Minority Leader Nancy Pelosi’s daughter ― bars the organization from accepting contributions from corporate political action committees tied to the oil, gas and coal industries. The executive committee voted unanimously to approve the motion. “We talk about how climate change is real and climate change is a planetary emergency, what we need to do is stop taking money from the institutions that have created this crisis,” said RL Miller, president of the super...
  • Tax Reform Is Boosting Take-Home Pay for Millions of Americans. Here’s the Proof.

    03/30/2018 10:44:01 AM PDT · by Tolerance Sucks Rocks · 15 replies
    The Daily Signal ^ | March 22, 2018 | Mary Kate Hopkins
    For a nation accustomed to instant gratification, the Tax Cuts and Jobs Act is a winner.Before President Donald Trump even signed the bill, companies were announcing employee pay raises, bonuses, and increased investments to grow their businesses and bring operations back from overseas.Among the first out of the gate was AT&T, which said it would give $1,000 bonuses to more than 200,000 nonmanagement employees and make an additional $1 billion investment in the United States. Boeing put $100 million toward training, education, and other workforce development. Walmart expanded paid parental leave and boosted starting wages to $11 an hour.Then in...
  • The Trickle-Down Mythmaking Begins

    12/22/2017 6:53:08 PM PST · by MAGA2017 · 17 replies
    The Atlantic ^ | 12/21/2017 | Annie Lowrey
    The Trickle-Down Mythmaking Begins Several companies gave out raises after tax cuts passed Congress. But that was probably already going to happen anyway. After Congressional Republicans passed their $1.5 trillion package of tax cuts on Wednesday, a number of companies responded by announcing raises or bonuses for their workers. Comcast said it would give $1,000 bonuses to more than 100,000 workers. Fifth Third Bancorp said it would give out bonuses and boost its minimum wage, with the cut giving the bank, in its words, “the opportunity to reevaluate its compensation structure and share some of those benefits with its talented...
  • Blogger Embraces Her Natural Beauty By Not Shaving For One Year

    11/24/2017 12:39:30 PM PST · by Tolerance Sucks Rocks · 115 replies
    The Huffington Post Canada ^ | April 19, 2017 | Isabelle Khoo
    Thanks to our society’s narrow standards of beauty, women are expected to have no body hair whatsoever (except, of course, on their head). But after being fed up with how much time it took to shave, one fitness blogger decided to throw away her razor and embrace her natural beauty instead. In a YouTube video that has now been viewed more than 460,000 times, Morgan Mikenas revealed that she hasn’t shaved her legs or armpits in over a year! “The purpose of this video is not to shame people who do shave,” Mikenas wrote in the video's info section. “I...
  • Trump Says Sets Measure To Punish Companies That Outsource

    10/10/2017 6:58:50 AM PDT · by Enlightened1 · 42 replies
    CNBC ^ | 10/10/17 | Reuters
    WASHINGTON, Oct 10 (Reuters) - U.S. President Donald Trump said he has prepared an "economic-development" measure that would punish companies that globally outsource jobs. The bill would provide economic incentives for companies, Trump said in an interview published on Tuesday, and reward firms that maintain jobs in the United States, and deliver punitive measures against those that move operations offshore. "It's both a carrot and a stick," Trump said. "It is an incentive to stay. But it is perhaps even more so - if you leave, it's going to be very tough for you to think that you're going to...
  • The Donors of Anti-Trump ‘Resistance’ PAC Uncovered

    10/04/2017 9:25:25 AM PDT · by Mechanicos · 21 replies
    Brietbart ^ | Oct 4, 2017 | Warner Todd Huston
    The secret group of left-wing foundations and millionaire donors to an anti-Trump “resistance” group has been revealed to include the left-wing W.K. Kellogg Foundation, according to a report.