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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.
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.
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[BRIEFING.COM] With one hour remaining in today's session, the major averages continue hovering near their lows. Even though today's selling pressure has been persistent enough to short-circuit the S&P 500's rally off its opening levels, it has not been strong enough to cause a significant decline for the benchmark index.
The story has been a bit different for small-caps as the Russell 2000 trades lower by 0.8%. As mentioned earlier, the underperformance of the index is likely owed ... More
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