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Originally Posted by Heibges
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Originally Posted by The Avon Lady
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Originally Posted by Smaragdadler
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Halliburton's Dubai Move Sparks Outcry Members Of Congress Criticize Move As Insult To U.S. Soldiers And Taxpayers DUBAI, United Arab Emirates, March 12, 2007 (CBS/AP) U.S. oil services firm Halliburton Co. is shifting its corporate headquarters and chief executive from Houston to Dubai in a move that immediately sparked criticism from U.S. members of Congress. Halliburton Chief Executive Dave Lesar, speaking at an energy conference in nearby Bahrain, said he will relocate to Dubai from Texas to oversee Halliburton's intensified focus on business in the Mideast and energy-hungry Asia, home to some of the world's most important oil and gas markets. [...] http://www.cbsnews.com/stories/2007/...n2558620.shtml
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What was it, that rats had do to with ships? :hmm: |
Yeh. Who ever would have thought that Halliburton is moving its HQ to where their main business profits and lower tax rates are?! Nah!
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Most companies only feel the need to incorporate in Rhode Island. |
I don't know what "most" means but in this day and age, a US oil-industry company heavily invested in a global economy moving more-than-offshore to retain possibly billions more in earnings is common business sense.
This is what's stretching the US economy - not oil linkage to dollars or euros - and it affects every major industry.