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.
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.
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.
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.
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.
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.
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...
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...
Millions of unemployed workers are struggling to find jobs and employers across the country are looking to hire -- but theyāre having trouble connec...
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.
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.
WASHINGTON, Feb 14 (Reuters) - President Barack Obama said on Thursday that raising the minimum wage, as he has proposed, might trim corporate profits...
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.
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...
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...
While Washington freaks out about the budget deficit, a corporate money mountain matches the $1.6 trillion President Obama wants in tax hikes. Theoret...
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.