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Old 03-11-2013, 04:03 PM   #192
Rohirrim's Avatar

Join Date: Jan 2003
Location: Twixt Hell & Highwater
Posts: 55,935

Malik Jackson

All I can say is, now that America is going down the crapper, I'm relieved to discover that many of her major corporations are able to jump ship. That's the spirit!

It has become increasingly common for companies to move or keep their profits overseas. The biggest U.S. companies boosted their offshore cash hoards by 14 percent last year, according to a separate Bloomberg report. Apple, Microsoft and Google together have more than doubled their overseas holdings over the past two years. The drugmakers Merck and Johnson & Johnson each saved about $2 billion last year by shifting profits overseas, according to Bloomberg.
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