Deirdre Fulton – Report Shows US Corporate Tax Dodging Still Rampant, Still Legal

A new report released Tuesday reveals how “U.S.-based multinational corporations are allowed to play by a different set of rules than small and domestic businesses or individuals when it comes to paying taxes”—to the tune of more than $100 billion every year. The analysis from the U.S. PIRG Education Fund, Citizens for Tax Justice, and the Institute on Taxation and Economic …

Peter Lee – Making Sense of China’s Stock Market Meltdown

I suppose much of the journo commentariat was born since 2008 and therefore has no memory of TARP, Too Big To Fail, or Jamie Dimon rolling around naked inside a gigantic vat of taxpayer money, so there has been a considerable amount of handwring about how the CCP defiled the purity of the stock market by flinging a trillion or so …

Retiring Cisco CEO delivers dire prediction: 40% of companies will be dead in 10 years JULIE BORT

Cisco’s giant customer conference, Cisco Live, began Monday in San Diego and was the last time outgoing CEO John Chambers would impart his vision in a keynote speech. And was it ever a speech, filled with fire-and-brimstone predictions. The upshot: Chambers, Cisco’s CEO of 20 years, says more than one-third of businesses today will not survive the next 10 years. The only …