ExxonMobil Announces $35 Billion in New Investments in U.S. Thanks to Tax Reform
Tax reform and deregulation have unleashed an economic tsunami whose impact is impossible to estimate, such as that happening at ExxonMobil. ...
About: Bob Adelmann
Posts by Bob Adelmann
Venezuela’s Crude Oil Exports to U.S. Declining Sharply
The flow of Venezuelan heavy crude oil to U.S. Gulf Coast refineries dropped by 60 percent in the first three weeks of January, hastening the political demise of Nicolas...
New Jersey Democrat Senator Menendez Up for Retrial on Corruption Charges
The timing of Senator Bob Menendez' retrial could be disastrous for Menendez even if he isn't convicted. ...
Tax-Reform Ripple Effect: Hundreds of Companies Recalibrating, Raising Employee Benefits, Investing in New Projects
Under Trump's new tax plan, companies across the nation, such as Home Depot, Starbucks, and Walt Disney, are increasing pay for workers or otherwise investing in company upgrades to...
High-end Gun Maker Quits California, Announces Move to Wyoming
A company move by Weatherby, a tiny but prestigious gun maker, sends a big message: People and businesses tend to move where they are treated best. ...
Venezuela Pushes Presidential Election Forward With Maduro the Only Candidate
The upcoming "election" in Venezuela is all for show: Nicolas Maduro will remain Venezuela's dictator. ...
Trump Launches First Salvo in Trade War
By putting "America First" through instigating a trade war, Trump is putting American consumers last. ...
Amazon Opens Its First “Just Walk Out” Store in Seattle
Big gates swing on little hinges. This little store in Seattle could be just such a hinge, threatening to transform shopping experiences everywhere. ...
U.S. Oil Production Will Soon Overtake Saudi Arabia’s
U.S. crude oil production will soon overtake that of Saudi Arabia, thanks to George Mitchell finding how to extract oil and gas from shale. ...
The Coming Avalanche of Repatriated Dollars
The impact of Apple’s repatriation of its overseas profit hoard of some $250 billion — which is expected to be massive — could be dwarfed if much of the...
Venezuela’s Oil Production Collapsing Along With Its Economy
When a socialist regime runs out of other people's money, Venezuela happens. ...
Economy Beats Forecasters Again: Jobless Claims at 45-year Low
Economists expected 250,000 new jobless claims to be filed during the week ending January 13, but claims fell to a 45-year low of 220,000. Any number below 300,000 in...
Apple to Repatriate Its Foreign Profits and Put Them to Work in America
With Apple planning to repatriate nearly all of its foreign cash holdings back to the United States, it will be exciting to see what impact $200 billion of newly...
New Jersey Governor Ignores Pension Crisis, Wants More Spending
Democrat Governor Phil Murphy cannot claim ignorance of the state's pension tsunami. He'd just rather spend taxpayers' monies to fund his favorite liberal projects. ...
New Jersey to Start Statewide Gun Buyback Program
The gun buyback bill headed for New Jersey Governor Phil Murphy’s desk requires “at least” three gun buybacks every year throughout the state. The bill’s sponsor wants nine. Governor...