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...of Michigan Ross School of Business....
...Biden has increasingly sought to blame corporations for high prices, and made a populist crackdown on “junk fees” part of his speech to Congress on Thursday....
...Such was the rate of growth that big US corporations started muscling in on the market, leaving Skype with some stiff strategic questions. “Do we have escape velocity?...
...But there is some good news for Biden: a growing number of voters think large corporations are taking advantage of inflation to charge more, up to 63 per cent in March from 58 per cent in February and 54...
...In the latest edition of the FT-Michigan Ross poll, conducted earlier this month, 41 per cent of registered voters said they approved of Biden’s handling of the economy, up from 36 per cent in March....
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points,” said Erik Gordon, a professor at the University of Michigan’s Ross...
...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....
...of the Professional Darts Corporation’s world championships at London’s Alexandra Palace....
...In Michigan and Pennsylvania, two pivotal battleground states, Kennedy received the support of more than 15 per cent of registered voters, while Trump narrowly led Biden overall, in mid-March CNN polls....
...The next instalment of our monthly FT-Michigan Ross poll will be published this weekend. Check back here for updates....
...Here’s more of the results from the latest FT-Michigan Ross poll....
...The management of the Federal Deposit Insurance Corporation, which has come under fire in the past week following a report of widespread sexual harassment and gender discrimination at the agency, on Tuesday...
...GBA’s nearly 200 members include large companies from a range of sectors, including Nestlé USA, AstraZeneca, Diageo, Mercedes-Benz, Panasonic, Sony Corporation of America and chipmaker TSMC....
...The January edition of the FT Michigan Ross poll showed that more than half of voters believe they have become worse off under Biden....
...Credit card balances are at a record high Voters are stressed about credit card debt: 28 per cent cited it as one of their biggest sources of financial stress in a poll for the Financial Times and Michigan...
...In Michigan, and much of the industrial Midwest, automakers can upgrade existing infrastructure with less capital outlay....
...More energy industry news: Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation....
...Chart of the day Two-thirds of Republican voters say they trust Donald Trump more than any other GOP presidential candidate to manage the US economy, according to the latest FT-Michigan Ross survey....
...“The Democrats’ Inflation Reduction Act put Americans on the hook for handouts to big corporations and big banks,” said Republican congressman Jason Smith, chair of the House Ways and Means Committee in...
...Professor Tom Lyon at the University of Michigan is one academic who does so....
...The acquisitions by Troy, Michigan-based Flagstar did not include $4bn in Signature’s digital deposits....
...The preliminary November reading for the University of Michigan consumer sentiment survey was 60.4, the lowest since May and consistent with the miserable sideways trend that extends back almost two years...
...Michigan: Ross will debut its new programme, “Building board expertise on sustainability”, in September. It targets directors of US corporations, who are facing competing forces....
...Elsewhere, ON Semiconductors reports in the morning, while insurer Aflac, Stryker Corporation and NXP Semiconductors report after the closing bell....
...NYCB bought Michigan-based Flagstar in December and is in the process of converting all of its branches to the Flagstar brand....
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