Andrew Ross Sorkin

Microsoft will purchase Skype for 8.5 billion, making it the largest deal in Microsoft's 36-year history. Skype's popularity is due in part to it's functionality across operating systems and it's free calling services. If executed properly, this can greatly improve Microsoft's hold on internet properties as well as the gaming industry. For more on Microsoft's strategy and the impact of this deal on the global communications industry is Andrew Ross Sorkin, chief mergers and acquisitions reporter for The New York Times.

Midterm elections are now less than two months away, and this week President Obama’s agenda is all about the economy. In Milwaukee on Monday, the president said, “I am going to keep fighting, every single day, every single hour, every single minute, to turn this economy around, and put our people back to work.”

In Monday's speech, the president proposed a $50 billion plan to invest in infrastructure across the country—from roads to railways and runways—as well as an expansion of the tax credit for research and experimentation.

Today, in Cleveland, the president will give another speech on the economy, and one of the major initiatives he’s expected to propose would allow businesses to write off 100 percent of their new investments in equipment and plants all at once—rather than over a number of years, which is how businesses can currently deduct investment expenses. The idea is that this would be an incentive for businesses to start immediately investing in goods they need, and hiring more workers.

With unemployment still looming around 9.6 precent, the Obama administration is proposing to allow businesses to write off 100 precent of their new investments. Columnist for The New York Times, Andrew Ross Sorkin tells us whether he thinks the president's plan will put Americans back to work.

Andrew Ross Sorkin, columnist and financial reporter for The New York Times, discusses the Financial Crisis Inquiry Commission's focus on ratings agencies in today's hearings, featuring Warren Buffet.

 

Treasury Secretary Timothy Geithner defended his extension of TARP on Thursday, saying it will help fight foreclosures and increase lending for small businesses.  But many banks have ...

Outrage over the news that AIG employees will receive their enormous bonuses is widespread. Even President Obama suggested we simply tear up the bonus contracts and Iowa Senator Chuck...

The federal government is stepping in to bailout AIG one more time. Just as the ailing insurance giant announced a massive $62 billion loss this morning, the biggest quarterly loss in...

Wall Street executives are getting plenty of criticism for handing out $18 billion in bonuses to themselves last year. But maybe there's a way to put bonuses to good use—by paying the...

Today world leaders, policy makers and a handful of business executives gather in Switzerland for the annual World Economic Forum. As if unemployment numbers, a bankrupt Iceland and t...