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Barack Obama

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  • DUBLIN, July 25- Ireland defended its tax regime on Friday against criticism from U.S. Singling out Ireland for criticism, Obama on Thursday hammered U.S. companies that avoid federal taxes by shifting their tax domiciles overseas and called on Congress to pass a bill to curb such deals, known as "inversions".

  • July 25- AbbVie Inc, which last week announced plans to buy Dublin- based drugmaker Shire Plc for $55 billion, reported stronger-than-expected quarterly results on surging sales of its Humira treatment for rheumatoid arthritis. Excluding special items, AbbVie earned 82 cents per share.

  • Orszag's tax reform fix     Friday, 25 Jul 2014 | 8:12 AM ET

    Peter Orszag, Citigroup vice chairman, says formulary apportionment is the best way to reform the current corporate tax code.

  • Loophole-loving lobbyists vs. tax reform     Friday, 25 Jul 2014 | 8:03 AM ET

    CNBC's Steve Liesman discusses his exclusive one-on-one interview with President Obama where they talked about closing corporate tax loopholes.

  • Sen. Rob Portman, (R-Ohio), shares his thoughts on tax inversions and reforming the corporate tax code.

  • Grover Norquist, president of Americans for Tax Reform

    Grover Norquist, Americans for Tax Reform founder, shares his thought on the failure in Washington to implement corporate tax reform.

  • Obama: Fed properly focused on unemployment     Friday, 25 Jul 2014 | 6:44 AM ET

    In an exclusive CNBC interview President Obama shares his thoughts on the economy and Fed policy.

  • Obama tax policy punishes business: Watkins     Friday, 25 Jul 2014 | 6:16 AM ET

    Joe Watkins, Republican political strategist, and Jimmy Walker, Blue Nation Review, share their reaction to President Obama's comments on tax inversions.

  • Pres. Obama speaks out on taxes     Friday, 25 Jul 2014 | 6:12 AM ET

    In an exclusive interview, CNBC's Steve Liesman sits down with President Obama to talk about tax reform and closing tax loopholes.

  • Little sunlight as Obama raises super PAC dollars Friday, 25 Jul 2014 | 4:12 AM ET

    WASHINGTON— For years President Barack Obama railed against the surge of unlimited spending flowing into American political campaigns, arguing that average voters were being shut out of a secretive system that lets special interests bankroll elections.

  • APNewsBreak: Gun law based on flawed estimate Friday, 25 Jul 2014 | 3:00 AM ET

    DENVER— A law expanding background check requirements on Colorado gun sales has been in effect for about a year, and an Associated Press analysis of state data compiled during that span shows the projected impact was vastly overstated in a key budget report.

  • Fast food workers prepare to escalate wage demands Friday, 25 Jul 2014 | 1:11 AM ET

    CHICAGO— Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years.

  • Obama stirs debate but loophole unlikely to close Thursday, 24 Jul 2014 | 6:53 PM ET

    President Barack Obama may be igniting debate by going after a tax loophole, but analysts see little chance Congress will take action soon.

  • Obama: Plane stiffens Europe's spine on sanctions Thursday, 24 Jul 2014 | 6:16 PM ET

    WASHINGTON— President Barack Obama says the downing of a passenger jet in Ukraine "may stiffen the spine of our European partners" as they consider additional sanctions against Russia. Obama welcomed Europe's earlier sanctions against Russia, but says the actions have come "not always as fast as we'd like."

  • President Barack Obama said on Thursday the Federal Reserve was "properly focused" on unemployment given the relatively tame pace of inflation in the country, offering a broad endorsement of Fed Chair Janet Yellen's policy approach.

  • Obama: FAA took 'prudent action' on Israel flights Thursday, 24 Jul 2014 | 5:49 PM ET

    He noted that the FAA ban came on the heels of last week's downing of a passenger jet by a missile in eastern Ukraine. Obama says that before lifting the ban, the FAA worked with Israel on a "checklist of concerns and mitigation measures" to ensure the safety of U.S. airlines. The FAA said the ban was imposed out of concern for the risk of planes being hit by Hamas rockets.

  • Rush to tax inversions     Thursday, 24 Jul 2014 | 5:46 PM ET

    Discussing whether there is a rush for companies to make tax inversions, with Dr. Ron Cohen, Acorda Therapeutics founder & CEO; CNBC contributor Bethany McLean; Ron Kruszewski, Stifel Financial Chairman, President & CEO; and Arthur Brooks, American Enterprise Institute.

  • Discussing tax loopholes, and the battle in Washington, with CNBC senior contributor Larry Kudlow; CNBC's Steve Liesman; and Ben White, Politico.

  • Gov. Brownback: Obama needs Congress     Thursday, 24 Jul 2014 | 5:36 PM ET

    Discussing how President Obama's shot at tax reform, and what it could look like, with Kansas Gov. Sam Brownback.

  • House votes to simplify education tax breaks Thursday, 24 Jul 2014 | 5:35 PM ET

    Diane Black, R- Tenn., who sponsored the bill. The White House says President Barack Obama supports making the tax credit permanent but that the administration opposes the bill because it would add $97 billion to the budget deficit over the next decade. The White House statement stopped short of threatening a veto.