The Obama administration’s pay czar will order companies with significant government ownership to cut pay:
WASHINGTON — Responding to the growing furor over the paychecks of executives at companies that received billions of dollars in federal bailouts, the Obama administration will order the companies that received the most aid to deeply slash the compensation to their [...]
BEIJING – China took steps to impose antidumping duties on certain nylon imports from the U.S., European Union, Russia and Taiwan, hitting companies in the U.S. with duties of as much as 36%.
This is why it is so dangerous for the US to start down this path with tire tariffs. The US has been the [...]
Brazil will impose a tax on foreign investment in an attempt to stem the rise of the Real (via Bloomberg):
The government announced yesterday it will impose a 2 percent tax on foreign purchases of fixed-income securities and stocks starting today. The levy is higher than a previous 1.5 percent tax scrapped a year ago amid [...]
Via James Taranto at the WSJ Best of the Web Blog here’s Robert Reich on health care reform:
I will actually give you a speech made up entirely–almost at the spur of the moment, of what a candidate for president would say if that candidate did not care about becoming president. In other words, this is [...]
