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Announces they have a offer to buy a dublin-based company for more than $53 billion according to "wall street journal" this deal will allow the company to go to ireland to avoid higher tax rates here in the united states. this is a trend. bring in stuart varney, host of "varney & company" on the fox business network. stuart, we have the second highest corporate tax rates in the world, right? >> highest corporate tax rate of does realized democracy, 35%. nobody should be higher than that. martha: this company is former abbott labs and other companies are moving to ireland? >> this is running aw...

Formula that required no pain and no discipline. that complacency now has a cost. standard & poor's downgraded brazil's credit rating in march. it is not quite in junk status territory, but s&p warned that it would make further cuts if brazil did not change its policies. brazil's public spending has been downright wasteful. according to one study, corruption across the country cost $53 billion in 2013 alone. to complicate matters, brazilians will head to the polls in october. in the face of slipping approval ratings, the president has threatened to rein in spending and national reforms. it may...

Brazil did not change its policies. brazil's public spending has been downright wasteful. according to one study, corruption across the country cost $53 billion in 2013 alone. to complicate matters, brazilians will head to the polls in october. in the face of slipping approval ratings, the president has threatened to rein in spending and national reforms. it may be enough to get her reelected, but will it be enough to save the brazilian economy? coming up next, one of the world's best business minds, howard porter of harvard business school, takes me through a new look at how america compare...

The president said america has surpassed china as the number one place to invest. that's not true, when you look at foreign-direct investment. there may be a revived interest in investing in the united states, especially manufacturing but direct foreign investment in china was $253 billion in 2012. $253 billion. here in the u.s., chaos in the south. a rare and deadly winter storm paralyzes the southern united states. hundreds of students stranded in schools and on buses overnight. >> boys will be sleeping in the media center. >> drivers abandoning cars as ice shuts down major roads. minutes ...

Side of the argument. the answer to curing inflation is a balanced budget. >> how do you do that? how do you balance the budget? >> balancing the budget -- >> don't spend more than you take in. >> like protecting your virtue. you have to learn to say no. [ laughter ] >> here with reaction, the author of "america hope for change" former american governor bob erlich and juan williams. what part of that stood out in your mind? if there's one thing that really stood out to me. i wonder if you caught it. do you know what it is? >> he's a wonderful guy. a charmer. the part that stood out to me was h...