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Tag Archives: corporations

U.S. household wealth takes biggest hit since 2008

WASHINGTON — Americans’ wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds and home values lost value. At the same time, corporations increased their cash stockpiles to record levels. Household net worth ...

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Report: 25 firms paid more in CEO pay than taxes

Twenty-five of the 100 largest U.S. corporations paid their chief executives more than they paid the government in federal income taxes last year, according to a report released Wednesday. The nonprofit Institute for Policy Studies says the 25 CEOs averaged ...

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Stocks rise after $19 billion acquisition flurry

NEW YORK — Stocks have closed higher for the third straight day after a $19 billion buying spree by corporations. The Dow Jones industrial average is up 213 points, or 1.9 percent, at 11,483. It has erased all its losses ...

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I hated the bar exam

I hated the bar exam. I really hated it. Although a pacifist in faith, I must confess I had some very bad thoughts for the folks who created the bar exam and those who graded it. The months leading up to it were a miserable existence of studying various subjects, some of which had very little to no impact in my law school life. I still remember looking at my BarBri book and reviewing the subjects with pure terror.

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Caterpillar’s purchase of Bucyrus spotlights M&As

Big deals are a big deal again. From Caterpillar to Chevron to Google, some of the best-known names in corporate America are scooping up smaller companies, finally putting the piles of cash they’ve been sitting on to use and positioning ...

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