A Barclays report on wealthy individuals worldwide notes that 47 percent of rich Chinese intend to move abroad in the next five years
More than a third of Americans are obese, but new pharmaceutical treatments have been slow to take off. Will Contrave figure out how to sell weight-loss drugs in the U.S.?
New data from the CDC show the increase in overdose deaths among whites far outpaced those among other races
The Android One starts at about $105
Calpers thinks hedge funds are too expensive and basically more trouble than they're worth. Could this be the start of a trend?
A business card with a brain can be customized for different recipients
"It's so much more than just a soda for many of us," says Evan Carr, the 26-year-old founder of the Surge Movement
The Consumer Financial Protection Bureau is suing Corinthian, a for-profit college operator, alleging abusive debt collection and deception
A report finds high default rates on franchise loans
Revenue (Latest Year): $3.4 billion
Average Tax Rate: 2.2%
Semiconductor maker NVIDIA (NVDA) conducts research aimed at developing integrated circuits, employing thousands of engineers and racking up over $200 million in R&D costs for each new launch. Their continuous R&D is mostly done in the U.S. and qualifies for the research tax credit under U.S. tax law, says spokesman Robert Sherbin. The company, based in Santa Clara, Calif., operates in 17 countries, with much of its income coming from outside the U.S., where tax rates are significantly lower. Its stock-based compensation granted to U.S. employees also slices a chunk out of its tax obligations.