A divided U.S. Supreme Court struck down decades-old limits on the total amount donors can give to federal candidates and parties, dealing a fresh blow to efforts to curb the role of money in American politics.
In today’s “rigged” U.S. stock market, large investors such as Greenlight Capital Inc.’s David Einhorn are like “dumb tourists” led to a casino where the card games are fixed, according to Michael Lewis, whose book “Flash Boys” has touched off a national debate about high- frequency trading.
A Caterpillar Inc. executive defended her company’s tax maneuvers, telling a Senate panel that moving profits from its parts business to Switzerland from the U.S. was a legal and appropriate way to eliminate unnecessary expenses.
Caterpillar Inc. avoided paying $2.4 billion in U.S. taxes by shifting profits from a parts business to a subsidiary in Switzerland, according to a report released today by a Senate investigative committee.
The U.S. should consider forcing major American companies such as General Electric and Exxon Mobil to suspend business in or pull out of Russia if President Vladimir Putin attempts to take more territory from Ukraine or other neighboring nations, said Senator John McCain of Arizona.
Senator John McCain, an Arizona Republican, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that the U.S. should consider forcing U.S. companies to cut their business ties to Russia if President Vladimir Putin tries expand his country’s incursion into Ukraine.