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Corporate Profits

President Obama Slays Business Killer Myth

Earl Ofari Hutchinson | Posted 05.15.2013 | Politics
Earl Ofari Hutchinson

This isn't enough to stop the veiled talk that he's still the sworn enemy of business. But this talk can't scrub away the fact that Obama and Democratic presidents have been far better friends of big business than GOP presidents have ever been.

Big Pharma CEOs Rake in $1.57 Billion in Pay

Ethan Rome | Posted 05.08.2013 | Business
Ethan Rome

For people who were blown away to learn recently that the 11 largest global pharmaceutical companies made an astonishing $711 billion in profits over the last decade, here's another measure of the industry's greed.

Calling Out the Corporate Charade

Sarita Gupta | Posted 04.17.2013 | Business
Sarita Gupta

Shareholder season is upon us, marking the beginning of another round of corporate America's dog-and-pony shows held to placate their cronies and pat each other on the back for another profitable year.

Big Pharma Pockets $711 Billion in Profits by Robbing Seniors, Taxpayers

Ethan Rome | Posted 04.08.2013 | Politics
Ethan Rome

Here's an outrage that must be changed: Big Pharma has been systematically price-gouging the Medicare program for seniors and people with disabilities -- and raking in billions in excessive profits.

Bait and Switch, CEO Style

Leo W. Gerard | Posted 04.08.2013 | Politics
Leo W. Gerard

The rich snicker as the vast majority of Americans are so distracted they don't focus on record corporate profits, on record low corporate tax payments or on lobbyists buying tax breaks for corporations and loopholes for offshore accounts.

Equity Bubble Based on Unsustainable Earnings

Michael Pento | Posted 05.21.2013 | Business
Michael Pento

Starting in 2008 the government began to bail out the crumbling asset bubble known as the real estate market, which also benefited the financial sector of the economy. This was accomplished by simply doubling down on the same philosophy that created the bubble in the first place.

Engaging the Pharmaceutical Industry in the Fight Against Childhood Cancer - Piece No. I

Jonathan Agin | Posted 05.19.2013 | Impact
Jonathan Agin

The fight against childhood cancer is not possible without innovative drugs that are available for delivery without significant restrictions.

CEOs Push To Limit Taxes On Record-Breaking Offshore Profits

Posted 03.19.2013 | Business

At a time when major U.S. corporations have a record amount of cash stashed abroad, a group of influential CEOs want to make it even easier for compan...

So Much Corporate Cash, So Little Use

The Huffington Post | Mark Gongloff | Posted 03.08.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Job Vacancies Taking Longer To Fill Even As Millions Are Unemployed: Study

Posted 03.06.2013 | Business

Millions of unemployed workers are struggling to find jobs and employers across the country are looking to hire -- but they’re having trouble connec...

Private Manufacturers Growing Sales, Profitability

Mary Ellen Biery | Posted 04.27.2013 | Small Business
Mary Ellen Biery

Private manufacturing companies in Sageworks' database have an average net profit margin of 6.5 percent, according to current estimates for 2012. That compares with an average net profit margin of just over 5 percent in 2011 and a recessionary low average of 2.7 percent in 2009.

Are You Working Harder, Smarter?

Mary Ellen Biery | Posted 04.27.2013 | Small Business
Mary Ellen Biery

Preliminary estimates show that private-company sales increased nearly 8 percent in 2012, and net profit margins, on average, increased to around 8 percent from around 5 percent in 2011.

Obama's Bad News For Big Business

Reuters | Posted 02.14.2013 | Business

WASHINGTON, Feb 14 (Reuters) - President Barack Obama said on Thursday that raising the minimum wage, as he has proposed, might trim corporate profits...

The Endgame of Capitalism

Carl Gibson | Posted 04.06.2013 | Business
Carl Gibson

We're witnessing the endgame of capitalism, where a few wealthy individuals and corporations have accumulated most of the wealth while the rest of us are left to fight for the scraps.

Corporate Profits More Than Double Their Peak Under Reagan

The Huffington Post | Mark Gongloff | Posted 01.17.2013 | Business

Give yourself a hand, Corporate America, history's greatest martyr-hero: You have managed to turn record profits despite the country being run by a so...

Despite Nonstop Whining, Corporate Profits Set Record

The Huffington Post | Mark Gongloff | Posted 01.17.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Mark Gongloff

Report: Corporations' Overseas Profit Stash Could Erase Fiscal Cliff

HuffingtonPost.com | Mark Gongloff | Posted 12.14.2012 | Business

While Washington freaks out about the budget deficit, a corporate money mountain matches the $1.6 trillion President Obama wants in tax hikes. Theoret...

Michigan Republicans Repeat Economy-Wrecking Doctrine

Harlan Green | Posted 02.11.2013 | Business
Harlan Green

Michigan is a textbook example of how ALEC and Americans for Prosperity, the big business lobby and the Koch Brothers have worked to bust unions.

"Work" Has a New Definition in Today's World

Gil Laroya | Posted 02.09.2013 | Business
Gil Laroya

Whether your definition of work is positive or negative, one thing is becoming clear: The definition of work has evolved. This ain't your mom's economy anymore.

Report: Corporations Thrive While Workers Struggle

The Huffington Post | Bonnie Kavoussi | Posted 11.30.2012 | Business

While finance executives urge Congress and the President to rein in spending, finance companies are raking in profits. Corporate profits reached a ...

There's A Crisis And For Once, It's Not America's Fault

The Huffington Post | Mark Gongloff | Posted 10.24.2012 | Business

Thing One: Rest Of World Gets Even With America For Financial Crisis: The global economy is a mess, and for once it's not America's fault. But Amer...

Corporations (Finally) Feel Your Pain

The Huffington Post | Mark Gongloff | Posted 09.17.2012 | Business

Thing One: Companies Feel Your Pain: Are corporations not people, too, my friend? If you prick them, do they not bleed money? The answer to the fir...

Report: Companies Abandon U.S. To Avoid Taxes

The Huffington Post | Mark Gongloff | Posted 08.29.2012 | Business

Taxes: If you only read the Wall Street Journal, you might think they are the biggest problem in America right now. The WSJ, for example, has run t...

Even A Big Pile Of Money Won't Keep You From Freaking Out

The Huffington Post | Alexander Eichler | Posted 08.01.2012 | Business

You know things are bad when even millionaires are worried about the economy. Millionaire confidence fell to a nine-month low in July, according to...

Lots Of You Make Less Than Ten Dollars Per Hour

The Huffington Post | James Sunshine | Posted 07.25.2012 | Business

Ever considered what it's like to live on anything less than a living wage? Many private-sector workers know how it feels. That's because nearly on...