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Bloomberg News

Bloomberg News

March 24, 2011 | Daily Business Review

Banks angle for bigger share of $4 trillion retirement market

Retirement savings in the U.S. may swell to $4 trillion over the next four years and the nation?s largest banks are angling for a bigger share of that money.

By Bloomberg News

10 minute read

June 29, 2011 | Daily Business Review

Biggest tax avoiders seek $1 trillion tax break

Cisco Systems Inc. has cut its income taxes by $7 billion since 2005 by booking roughly half its worldwide profits at a subsidiary at the foot of the Swiss Alps that employs about 100 people.

By Bloomberg News

12 minute read

May 27, 2011 | Daily Business Review

Worker's climb to power shows how strong demand is for young workers

A wave of demographic change is likely to benefit younger workers. A generational replacement cycle is taking hold as companies such as GE, Norfolk Southern Corp., Boeing, American Electric Power Co. and Dominion Resources all try to hire skilled younger staff to prepare for a wave of retiring workers.

By Bloomberg News

8 minute read