ANALYSIS

The Bain Files: Romney Document Dump Reveals Secrets To A 13% Tax Rate

Newly-released documents confirm criticisms of Republican presidential candidate Mitt Romney’s road to enduring riches. What emerges is a system that exploits several weaknesses in tax laws regarding overseas investments, as well as backdoor methods of swapping assets behind the government’s back. How politically damning any of this may be remains to be seen. But in the case of the Bain files, we know being “Romney Rich” isn’t simple. But it’s a lot more profitable than working a 9-to-5 with a...
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Dell Inc. CEO Michael Dell delivers keynote address at Oracle Open World in San Francisco

Dell 2Q Earnings Preview: Now In Third Place, Where?s New Growth?

Dell is scheduled to report second-quarter results Tuesday below last year?s. For the first time, the company founded by Chairman Michael S. Dell nearly 30 years ago in a dorm room will be ranked No. 3 in PC sales, having lost its No. 2 ranking last quarter to China?s Lenovo Group.
Google executive chairman Eric Schmidt speaks at The Sloan School of Management at Massachusetts Institute of Technology in Cambridge

Technology?s Cash Piles: Top U.S. Leaders Stash Nears $400B

Don?t say technology companies aren?t enormously profitable. An IBTimes review of the cash and investment holdings of 11 of the top technology leaders shows they are sitting atop nearly $375 billion in cash and investments ? or about 24 percent more since the last survey nine months ago.
US Stock Market

Stock Trading Suffers On Uncertain, Unpredictable Markets

Trading in U.S. stocks has been going on at a snail's pace recently, a fact market-watchers are blaming on policy uncertainty, but could also be the result of investors fed up with the fragmented, unpredictable nature of the market.
Iranian President Ahmadinejad

NAM Summit In Iran Likely To Reveal West’s True Allies And Foes

The upcoming Non-Aligned Movement (NAM) summit in Tehran, quite ironically, has become a stage to gauge the member nations' stand on certain international issues, though the world's largest single political coalition doesn't promise support to any major power bloc.
Mark Zuckerberg

Facebook’s Lockup Ends: 5 Things To Know

Thursday frees holders of as many as 271 million shares of Facebook (Nasdaq: FB), the No. 1 social networking site, to sell them for the first time since the first-day trading fiasco on May 18, when shares that had been priced at $38 first traded at $42.05, then didn’t trade for 30 minutes and closed at $38.23.
Limbaugh

Limbaugh Boycott Draws Blood: Cumulus Media Cites ‘Drag’ in 2Q Revenue

Liberal groups that have been boycotting radio broadcaster Rush Limbaugh for months have apparently drawn blood: aside from winning withdrawals of more than 100 advertisers, second-quarter revenue from 10 stations owned by Cumulus Media (Nasdaq: CMLS) declined due to the boycott, CEO Jim Dickey said.
John Chambers, CEO of Cisco Systems, speaks during a news conference at at the 2010 International Consumer Electronics Show (CES) in Las Vegas

Cisco’s 4Q Results: Major Tech Bellwether For HP, Oracle

Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, is scheduled to report fourth-quarter results Wednesday that are expected to be much better than last year’s when CEO John Chambers said the company was overmanned and was in the midst of layoffs and retrenchment.
Chris Christie

A Podium As Bait-And-Switch: Chris Christie’s Moment As GOP Convention Keynote Speaker

Chris Christie will deliver the keynote address in two weeks at the Republican National Convention. Many consider the primo speaking a launching point into national prominence. But Christie already garnered attention. So why did the Republican National Committee pick him? The answer may lie in the 2004 Democratic National Convention. And the results may not bode well for Mitt Romney.
IBTimes Logo

Taiwan And Japan: Two Nations With Long History Stuck In Limbo

Taiwan and Japan have an awkward relationship that is compromised and complicated by various intractable issues - namely, Mainland China, which claims Taiwan as its own territory and has compelled most nations of the earth to deny diplomatic recognition of the island.
Paul Ryan

Ryan Republican VP Nomination May Not Attract Jewish-American Vote

Mitt Romney's close ties with Benjamin Netanyahu and his trip to Israel were supposed to attract more Jewish-American votes this fall. But Paul Ryan's proposed budget cuts to Social Security and Medicare might push some senior citizen Jewish-American Florida residents back into the Obama column.

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