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Liberals love to portray the Republicans as the party of the rich and powerful. The GOP has tried valiantly to shed that criticism, but then why are so many in the party defending the special interest favors that go to private and corporate jet owners over the interests of all the rest of us? Do Warren Buffett and LeBron James really need a taxpayer subsidy to jet across the country? At issue here is the proposed modernization of the operations and pricing of America's air traffic control system.
During the 2016 presidential election campaign, a digital analytics firm reviewed 4.5 million tweets that expressed an opinion about Donald Trump and found that 200,000 included threats to leave the U.S. The top destination was Mexico, but 5,800 said they would move to Alaska and another 1,500 chose Hawaii. These people knew they didn't like Trump, but apparently did not know that Alaska and Hawaii are U.S. states.
Warren Buffett says the proposed $143 billion offer to acquire Unilever, a deal with links to his company, fell apart quickly because the European company wasn't interested. Buffett said Monday on CNBC that his Berkshire Hathaway and 3G Capital abandoned Kraft Heinz Foods' bid for Unilever because they were interested only in a mutually agreed upon tie-up, not a hostile takeover.
In this undated photo provided by Kranti Shalia, Srinivas Kuchibhotla, left, poses for photo with Alok Madasani and his wife Sunayana Dumala in Cedar Rapids, Iowa. In the middle of a crowded bar, a 51-year-old former air traffic... .
To continue reading up to 10 premium articles, you must register , or sign up and take advantage of this exclusive offer: WASHINGTON - President-elect Donald Trump on Wednesday chose a Wall Street attorney with experience in corporate mergers and public stock launches as his nominee to head the Securities and Exchange Commission. Trump announced his nomination of Jay Clayton, a partner in the law firm Sullivan and Cromwell, as chairman of the independent agency that oversees Wall Street and the financial markets.
Donald Trump ridiculed Wall Street on the campaign trail, and frequently criticized his political opponents for their ties to Goldman Sachs. Now, Trump is relying on a lawyer who has spent his career representing financial firms, and has his own close ties to Goldman, to lead Wall Street's top regulator.
Billionaire Warren Buffett was disappointed when Democrat Hillary Clinton lost the election last week, but he will support Republican Donald Trump as president. Buffett says he supports every president, and he hopes the country will coalesce behind Trump even if not everyone agrees with his policies.
Facing scrutiny over possibly not paying federal income tax for almost two decades, Donald Trump turned the tables on Hillary Clinton during the heated second presidential debate. The New York Times obtained a few pages of Trump's 1995 personal tax returns , revealing a $916 million loss that would have allowed him to legally avoid paying taxes for 18 years.
To debunk the implication that he avoids paying federal income taxes, Warren Buffett said that he has filed tax returns for 72 years, and that each and every one of them shows he has paid federal taxes. 5 Warren Buffett tax facts we just learned To debunk the implication that he avoids paying federal income taxes, Warren Buffett said that he has filed tax returns for 72 years, and that each and every one of them shows he has paid federal taxes.
Hillary Clinton brushed off Donald Trump's attacks and doubled down on her own at her first post-debate rally on Monday, using a "real billionaire" to counter the Republican's claims about his own taxes. Clinton told a crowd of more than 3,000 supporters in Detroit that each of them had probably paid more in federal income taxes than Trump.
The most-read Bloomberg News reports from the past week are listed below. The rankings are based on daily statistics through Aug. 6. Goldman Employees to Pull $350 Million From Och-Ziff Fund -- Goldman Sachs Group Inc.'s retirement plan is pulling cash from one of the investment bank's most famous alumni, liquidating a hedge fund run by Daniel Och's Och-Ziff Capital Management Group.
Billionaire investor Warren Buffett ripped into Republican Donald Trump Monday over his refusal to release tax returns, his business bankruptcies and his attack on a fallen soldier's family, repeating a famous phrase from the McCarthy era, "have you no sense of decency, sir." Buffett, campaigning on behalf of Democratic presidential nominee Hillary Clinton, challenged Trump to meet him "any place, any time" with a copy of his tax returns.
Billionaire investor Warren Buffett says he'll do whatever it takes to defeat Donald Trump - including escorting people to the polls himself. Campaigning with Hillary Clinton in Nebraska Monday, Buffett savaged Trump's business record, questioning his bankruptcies and asking why the Republican presidential candidate won't release his tax returns.
"I'll bring my tax return. He can bring his tax returnJust let people ask us questions about items on there," Buffett said in his introduction of Hillary Clinton at an Omaha rally.
Trump broke a major American political and societal taboo over the we... . FILE - In this Thursday, July 28, 2016 file photo, Khizr Khan, father of fallen US Army Capt.
Democrats are courting progressive-minded Americans by calling for a tax on Wall Street trades. If the party succeeds, the mom-and-pop investors they're wooing could bear the brunt.
While the biggest question of this presidential election year has yet to be answered, some stability should return to the stock market from now until November 8. "U.S. stocks swamp foreign ones in the back half of presidential election years," Forbes.com contributor Ken Fisher explains. "You should love that no one has heard thismeaning it isn't now discounted into pricing and thus remains a good bet," he said.