Friday, 28 April 2017

Companies are holding a $2.6 trillion pile of cash overseas that's still growing

American companies looking to avoid paying domestic tax rates are holding about $2.6 trillion in overseas earnings, a number that has been rising steadily for years, according to new research from Capital Economics.


TOP NEWS

Companies are holding a $2.6 trillion pile of cash overseas that's still growing

Trump tax plan would slash corporate deductions

Wall Street now predicts both Amazon and Alphabet will hit $1,000 in the next year


The US economy is leaving these states behind

Exxon wants to make it 'very clear' that it is still obeying the Russia sanctions

Autonomy will come 'sooner than you think' says GM CEO Barra

This might be the best economic news yet for Trump

Tesla's real competitors might be in Silicon Valley, not Detroit, says analyst

Another retailer joins Sears in flagging 'substantial doubt' it can stay in business

Soon people won't even think of Amazon as a retail company, says analyst

CNBC Pro

Buy Apple stock due to 'pent up demand' for the iPhone 8, Credit Suisse says

Full interview with Starbucks CEO Johnson on Unicorn Frappuccino's success

TOP VIDEO

Here's Mark Zuckerberg's first-ever TV interview from 13 years ago today
Thirteen years ago this week, a 19-year-old named Mark Zuckerberg appeared on CNBC's "Bullseye" to discuss his new, expanding social networking site that had 100,000 users at the time.

SPECIAL REPORTS

Jeff Bezos' wealth crosses $80 billion mark

Jeremy Siegel's bullish call: This is a 'goldilocks situation' for stocks

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