Most of Apple's $82 billion cash stockpile is 'trapped' overseas Apple may have enough cash on hand to make Scrooge McDuck's money vault look like a kiddie pool by comparison, but according to SeekingAlpha, most of that cash is effectively trapped overseas. US$54 billion of Apple's overall $82 billion in cash is in offshore accounts, and Apple cannot repatriate that money to the States unless it wants to pay a huge 35 percent corporate tax on it. If Apple attempted to bring that money into the States, right off the bat through the magic of taxes that $54 billion would transform into $35.1 billion, with the other $18.9 billion disappearing down the federal money hole. With that much cash at stake, it's no wonder that Apple hasn't been in any hurry to repatriate its huge foreign cash reserves.
Around the Government The Open Government Directive issued on December 8, 2009, called on the Chief Technology Officer and Chief Information Officer to create an Open Government Dashboard to assess the state of open government in the Executive Branch. The Dashboard tracks agency progress on the deliverables set out in the Directive, including each agency’s Open Government Plan. On April 7th, 2010, every Federal department published an Open Government Plan – a concrete and specific roadmaps for making operations and data more transparent, and expanding opportunities for citizen participation, collaboration and oversight. You can learn more about and provide feedback on each department’s Open Government Plan by clicking on the name of the agency below. To review summaries of selected open government flagship initiatives that Federal departments and agencies are undertaking to make government more transparent, participatory and collaborative, take a look at our fact sheet. Meets Expectations
List of Stock Exchanges A stock exchange is an institution, organization or association that serves as a market for trading financial instruments such as stocks , bonds and their related derivatives . Most modern stock exchanges, like NYSE Euronext , have both a trading floor and an electronic trading system. Exchanges make money in several different areas. Listings, sales, and selling market statistics are some of the various ways that they produce revenue. Electronic trading has dramatically reduced the cost of entry into this market. Several exchanges have developed in recent years such as BATS Exchange out of Kansas City. Consumer Price Index (CPI) The Consumer Price Indexes (CPI) program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services. CPI for all items falls 0.1% in December as energy and food indexes decline On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers declined 0.1 percent in December after being unchanged in November. The index for all items less food and energy rose 0.1 percent in December after increasing 0.2 percent in November. HTML | PDF | RSS | Local and Regional CPI
It's a Hoax: GE Does Not Plan to Return $3.2 Billion Tax Refund to U.S. Treasury This is a rush transcript. Copy may not be in its final form. AMY GOODMAN: Well, as we talk about the power in this country — grassroots power, corporate power — we wanted to finally turn to General Electric, which has been under criticism ever since the New York Times reported last month GE paid no federal income taxes last year despite earning $14.2 billion in worldwide profits. While some news outlets have questioned the accuracy of the Times report, GE’s tax record is now in the spotlight.
Our Government "Governments are instituted among Men, deriving their just Powers from the Consent of the Governed." — Thomas Jefferson, the Declaration of Independence Since the Second Continental Congress declared America's independence from Great Britain on July 4, 1776, the United States government has sought to realize the fundamental principle on which our nation was founded: that all people have the right to life, liberty, and the pursuit of happiness. This principle was formalized in 1788 with the ratification of the Constitution.
CNNmoney NEW YORK (CNNMoney) -- Bing, Microsoft's two-year old search engine, is losing nearly a $1 billion a quarter, with no sign of letting up. Microsoft (MSFT, Fortune 500) has lost $5.5 billion on Bing since the search service launched in June 2009, but the company's search losses actually pre-date that. In fact, the software giant has never made money in its online services division. Since Microsoft began breaking out that unit's finances in 2007, the company has lost a total of $9 billion. Top 10 US Corporate Tax Avoiders Named on Senate Floor Despite complaints about the U.S.’s burdensome 35% corporate tax rate, two-thirds of American corporations pay no taxes in a given year. In a speech last week on the Senate floor, Senator Bernie Sanders (I) of Vermont called out the top 10 corporate tax avoiders: Among those actually getting money back from the Feds:
Finding Canadian statistics Finding Canadian Statistics Introduction Facts or figures are often used in studies or reports to make a point. These values, which are often referred to as statistics, tend to be aggregate counts, totals, sums, or averages. In the print world, this type of numerical information is typically found in statistical abstracts, census monographs, and serial publications from Statistics Canada or other government agencies, such as the Bank of Canada. In the digital world this numeric information appears on CD-ROM and similar products with electronic table access, or in electronic journals.
List of stock exchanges Major stock exchanges Major stock exchanges (top 20 by market capitalization) of issued shares of domestic companies, as of 30 September 2014 (Monthly reports, World Federation of Exchanges) Note: "Δ" to UTC, as well as "Open (UTC)" and "Close (UTC)" columns contain valid data only for standard time in a given time zone. During daylight saving time period, the UTC times and Δs will be different. Commodity exchanges Pa. college leaders warn of aid cuts' impacts In his budget address last week, Corbett proposed dramatic cuts to higher education, including eliminating $625 million, or about 50 percent, of funding meant for 14 state-owned universities and four "state-related" universities - Temple, Penn State, Lincoln, and Pitt. Temple president Ann Weaver Hart said that her school had reduced its expenditures year after year, but that the level of state cuts proposed this year would force tuition increases that could put the university out of reach for many. "This would have an incredibly disproportionate impact on working and middle-class families," Hart said. When one factors in cuts proposed for Temple University Hospital, she said, "it piles on the most vulnerable people." Hart and Lincoln University president Ivory Nelson said that to hold tuition increases down, they would have to consider salary freezes, consolidation of programs, and reduced services. And that would be just the beginning.