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Depressing. How would you even know these were foreign companies?
I paid a lot extra to get Firestone tires on my tractor because I wanted USA.
This is really depressing.
Sorry, but I don't see any of these as being a reason why I should switch brands. Most of them still MAKE their products in America, and hire Americans to produce and sell them. How many American jobs would be lost if we boycotted them? How many U.S. companies send their stuff out to be made in other countries? There's no difference. We are truly a GLOBAL economy and relay on GLOBAL trade. There's no country that could be an island unto itself any more.
Of Course they do pay taxes. As the matter of fact, there are 100s of foreign corporations
like Sanofi from France, Nestle from Switzerland, BASF, BMW, Bayer, Siemans, VW, Turner Construction from Germany, this is just a small list.
Unlike General Electric, these companies pay taxes in addition to providing jobs in the US.
By the way, Merck owned by Germans, and US government cofiscated in 1917. Skype used to own by Estonian company, and bought by Microsoft a couple of years ago.
It is hard to be upset with foreign "owned" companies, when the emply US workers. Yes, they pay taxes, unlike some of our millionairs, who contribute to the Arts or someother writeoff. I'm so indifferent on this election, due to what is taking place. Neither one of these politicos, should be running the US. But, you should vote for someone....Mickey Mouse has a nice ring to it.
What about Levi's and Harley Davidson?
Both are iconic American brands that are no longer Made In America.
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Once again, market participants were focused on quarterly reports in the early going, but geopolitical worries overshadowed the impact of mostly better than expected earnings. Specifically, equities ... More
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