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Will Chinese Firm Bring Home The Bacon With Smithfield Deal?

There were questions Wednesday about whether U.S. regulators will approve the takeover of Smithfield Foods Inc., the company that sells all-American hams, hot dogs and bacon, by China's Shuanghui International.<p>It's being called the biggest such takeover of an American company by a Chinese firm. …

Alberta’s deficit is being dug by spending, not oil prices

<i>Steve Lafleur and Charles Lammam are co-authors of the Fraser Institute study Alberta's Budget Deficit: Why Spending Is To Blame.</i><p>When Finance Minister Joe Ceci unveils Alberta's budget on Oct. 27, Albertans can expect a sizable deficit. In fact, the government's latest data suggest a $5.9-billion …

Wealthy benefit the most from top tax breaks, government study shows

The top ten tax deductions, credits and exclusions will keep $12 trillion out of federal government coffers over the next decade, and several of them mainly benefit the wealthiest Americans, a new study from the Congressional Budget Office shows.<p>The top 20 percent of income earners will reap more …

Income Inequality

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Associated Press News

Goldman Sachs CEO rakes in $26 million in 2012

Surprise! An analysis of bank CEO pay in 2012 reveals that executives make a lot of money — and many are overpaid<p>Goldman Sachs CEO Lloyd Blankfein was paid, including salary, stocks and bonuses, an astonishing $26 million in 2012, making him the highest paid North American CEO in finance for that …