Latest Corporate profits News

Markets 2021: Stocks soar, IPOs explode, crypto goes wild

Dec. 23, 2021 14:14 PM EST

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits. As of Dec. 22, the S&P 500 had risen 25%, its third-straight annual increase. Along the way, the...

Markets 2021: Stocks soar, IPOs explode, crypto goes wild

Dec. 23, 2021 14:10 PM EST

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits. As of Dec. 22, the S&P 500 had risen 25%, its third-straight annual increase. Along the way, the...

EXPLAINER: How G20-backed corporate minimum tax would work

Oct. 30, 2021 14:35 PM EDT

ROME (AP) — Leaders at the Group of 20 summit in Rome are expressing broad support for sweeping changes in how big global companies are taxed. The goal: deterring multinationals from stashing profits in countries where they pay little or no taxes — commonly known as...