U.S. multinationals increased the amount of profits they stashed overseas in low-tax locales last year by $206 billion, or 11.8%, compared with 2012, according to an analysis by Bloomberg News. These companies now have $1.95 trillion outside the U.S. The top 15 companies hold $795.2 billion offshore, up 10.6% from the previous year.
Offering an above-average starting salary can provide advantages, such as helping an employee get on board quicker with company objectives, Tess Taylor writes. "Earning buy-in from well-compensated employees is priceless to the success of your company," she writes.
This column addresses the investment ramifications of recent events in Ukraine. It discusses the history of Russia's encroachment on the former Soviet states, most recently its incursion into the Crimea, the U.S.'s restrained reaction, and the situation's impact on global markets. The writer posits that uncertainty over America's "superpower" role may change the investment environment, weakening confidence in the dollar but potentially triggering capital flight to the U.S.