9 years ago
Big Business Is Getting Bigger
If it seems like big business is getting bigger, it is. Over the last two decades, the largest U.S. companies have grown faster than the economy as a whole. And it’s the biggest of big businesses that are making up a larger and larger share of the growth. The news last week that Verizon intends to acquire AOL for $4.4 billion is just one example among many in this larger pattern. Take Apple’s recent single-quarter earnings of $18 billion as another.
Continue Reading
http://fivethirtyeight.com
Join the Discussion