Laura Davison and Katia Dmetrieva, Author at Providence Business News

Home Authors Posts by Laura Davison and Katia Dmetrieva

1 POSTS 0 COMMENTS

U.S. CORPORATIONS are not bringing profits back from overseas locations at the rate that designers of the 2017 tax law update had expected. So far, slightly less than $1 trillion has been moved back to the United States, compared with the $4 trillion that was predicted by President Donald Trump. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Corporate America is repatriating offshore cash at slower pace

Economic Activity 09/19/2019

WASHINGTON – Corporations brought $88.3 billion of overseas profits back to the U.S. in the second quarter, marking nearly $1 trillion that has returned since...

- Featured Event -

Latest News

Beacon Bank CEO Paul A. Perrault retires, Sean A. Gray named...

09/21/2026

Fitch affirms R.I. Infrastructure Bank’s AAA rating

09/21/2026

Citizens receives fourth consecutive ‘Outstanding’ CRA rating

09/21/2026

Eastern Bank Foundation honors former Mass. Gov. Deval Patrick

09/21/2026

Flights are disrupted across U.S. Northeast because of technical problems at...

09/21/2026

SUBSCRIBE TO

PBN's All Access Subscription

PBN subscribers get ahead with unlimited access to PBN news, information, and insights from our editorial team, research and data, webinars and much more.