Word: businessese
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The business community, for example, groans under the weight of health-care costs, and so it has a vested interest in the Administration's efforts at health-care reform. The same cannot be said for Obama's plans to cap carbon emissions, which many have argued will amount to an...
Under the Administration's proposed scheme, companies that produce carbon over the cap would buy credit from facilities that have modernized. The additional costs to businesses of the program, however, are more than likely to be passed on to the consumer, amounting to what some argue would effectively be a...
In addition, victims who are part of partnerships, or small businesses, will be able to go back 5 years to recover investments and phantom monies. Previously, it appeared victims could only go back three years. With this new ruling, a theft loss deduction that creates a net operating loss for...
Furthermore, AIG's newly installed CEO, Edward M. Liddy, told Treasury last week that the AIG traders in question were still needed because only they could minimize the damage they had done. "AIGFP's books also contain a significant number of complex - so-called bespoke - transactions that are difficult to...
See which businesses are bucking the recession.