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How U.S. Drug Companies Could Tip Europe Into Recession
Business

How U.S. Drug Companies Could Tip Europe Into Recession

Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output. Source link

Ad Holding Companies Under 'Gathering Clouds' as Some See Client Slowdown
Business

Ad Holding Companies Under 'Gathering Clouds' as Some See Client Slowdown

Interpublic Group of Cos., Publicis Groupe and Omnicom Group, three of the biggest advertising holding companies, reported second-quarter earnings this week. Source link

The Biggest Winners in America’s Climate Law: Foreign Companies
Business

The Biggest Winners in America’s Climate Law: Foreign Companies

The 2022 climate law unleashed a torrent of government subsidies to help the U.S. build clean-energy industries. The biggest beneficiaries so far are foreign companies.

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

US companies’ diversity efforts are legal, Democratic officials say By Reuters

© Reuters. FILE PHOTO: New York State Attorney General Letitia James attends a U.S. midterm election night party for New York Governor Democratic Kathy Hochul

These Energy Companies Don't Need Sky-High Oil and Gas Prices
Finances

These Energy Companies Don't Need Sky-High Oil and Gas Prices

Oil field service companies shares are beating those of their customers Source link

Internet Archive's digital book lending violates copyrights, US judge rules By Reuters
Finances

China to increase support for private companies to bolster economy By Reuters

© Reuters. FILE PHOTO: People walk in the Central Business District on a rainy day, in Beijing, China, July 12, 2023. REUTERS/Thomas Peter/File Photo BEIJING

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Japan companies less confident about business conditions

© Reuters. FILE PHOTO: Employees of Suzette Holdings Co prepare cakes at a shop in Tokyo, Japan April 27, 2023. REUTERS/Kim Kyung-Hoon/File Photo By Tetsushi

U.S. Companies Score Partial Reprieve From Global Tax Deal
Business

U.S. Companies Score Partial Reprieve From Global Tax Deal

Changes to the deal negotiated by officials including Treasury Secretary Janet Yellen will delay or reduce taxes set to be paid to foreign countries.  Source

Companies and the Terrible, Horrible, No Good, Very Bad Earnings Season
Finances

Companies and the Terrible, Horrible, No Good, Very Bad Earnings Season

What the 18th-century economist Adam Smith wrote about self-interest still applies. Source link

Australia would not allow AT1 debt security holder wipe-out -minister
Stock Market

Court blocks curbs on US government contact with social media companies for now By Reuters

© Reuters. FILE PHOTO: U.S. President Donald Trump departs the White House aboard Marine One ahead of the inauguration of President-elect Joe Biden, in Washington,