KQEH Nightly Business Report September 24, 2014
Tuesday, september 23rd. Good evening, im tyler mathisen, stocks sold off sharply again, the dow had the worst day since the backtoback triple losses since june, they finished at five week lows, one reason for the selloff was a sharp slide in health care shares. Why . Because last night the treasury announced new rules that make socalled tax in versions harder. Those are the deals some companies have used to skirt u. S. Taxes by buying a Foreign Company and then moving the newly combined headquarters offshore. Drug biotech and medical Device Companies have been the strongest users of inversion...