Sep 27, 2017

09/27/2017: Major U.S. companies might stop parking their money overseas

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(Markets Edition) Republicans are scheduled to release an outline for tax reform, which would include a reduction in the corporate tax rate. Susan Schmidt from Westwood Holdings Group joined us to discuss what that could mean for U.S. companies who…

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More residents are expected to flee Puerto Rico, contributing to the brain drain

Sep 27, 2017
Hurricane Maria has devastated Puerto Rico’s already fragile economy.
People wait in line to get a flight out of the Luis Munoz Marin International Airport as they try to return home or escape the conditions after Hurricane Maria on September 26, 2017 in San Juan, Puerto Rico.
Joe Raedle/Getty Images

(Markets Edition) Republicans are scheduled to release an outline for tax reform, which would include a reduction in the corporate tax rate. Susan Schmidt from Westwood Holdings Group joined us to discuss what that could mean for U.S. companies who keep a lot of their money overseas. Afterwards, we’ll take a look at how the major market indices are doing this morning, and then discuss how the devastation left by Hurricane Maria could lead to a brain drain from Puerto Rico. And finally, we’ll talk to Kenneth Shropshire, CEO of the Global Sport Institute at Arizona State University, about the FBI’s arrest of 10 people on suspicion of bribery in college basketball.

 

The team

Stephen Ryan Producer, BBC