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...That’s an issue when you are trying to change the entire nature of the American economy....
...BHP’s offer comes up against a legacy that began in 1917, when Ernest Oppenheimer, a diamond trader born in Germany, raised £1mn to found the Anglo-American Corporation to mine gold around Johannesburg....
...The country’s Public Investment Corporation is Anglo’s biggest shareholder....
...South Africa’s Public Investment Corporation, a manager of government employee pension assets that is Anglo’s largest shareholder, said it would assess any offers presented to shareholders....
...BHP has proposed buying rival Anglo American in a £31bn deal that provoked a backlash from the South African government and leading shareholders....
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
...He already said during the SOTU that corporations needed to pay more taxes so expect to hear him aim his sights at corporations more as he hits the campaign trail....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...BHP’s largely interested in Anglo American’s prized copper mines....
...Biden has been particularly outspoken, joining picket lines as well as standing side by side with USW workers in Pittsburgh, declaring that US Steel should stay “American-owned, American-operated by American...
...But it is entertaining as well as scholarly, and it sheds interesting light on many of the personalities who have shaped or reshaped the American corporation....
...Eva Longoria’s Flamin’ Hot follows a Mexican-American janitor who invents a billion-dollar snack brand. It is framed as a parable of Latino representation in American business....
...About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
...However the new minimum corporation tax would mark an increase from the 15 per cent that was implemented in 2022 as part of the Inflation Reduction Act....
...The three other legislative bills aim to “end tax breaks for Chinese equities, restrict sanctioned Chinese companies’ access to US capital markets, increase transparency on risks to American corporations...
...Both companies hold stakes in the oil rich project off the coast of the South American nation, which has been the focal point of the deal....
...Both companies hold stakes in the oil-rich project off the coast of the South American nation, which has been the focal point of the deal....
...If they lose, it could be subsumed, effectively lost inside the private landholdings of wealthy individuals and corporations. It’s a legal grey area with sweeping consequences....
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...Having struggled to gain credit from Americans for the strong economy since he took office, Biden is expected to take aim in his speech at corporations, calling for higher taxes on big businesses and the...
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...And better destroy American families while you’re at it.”...
...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
...It was once the largest corporation in the world, and its plants lined the banks of Pennsylvania’s Monongahela River. The closure of those plants was lamented in a song by Bruce Springsteen....
...“Taxes are what you pay for a civilised society,” said American Supreme Court justice Oliver Wendall Holmes in 1927....
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