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Detroit’s Big Three accelerate plans to build more small cars in Mexico

By Paul Lienert and Joseph White DETROIT (Reuters) – Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labor costs, while using higher-paid U.S. workers to build their very profitable trucks, sport utility vehicles and luxury cars. New versions of several of their popular U.S. compact cars are expected to be made in Mexico, people familiar with the companies' plans …

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Detroit’s Big Three accelerate plans to build more small cars in Mexico

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How Pfizer has shifted U.S. profits overseas for years

By Tom Bergin and Kevin Drawbaugh RINGASKIDDY, Ireland (Reuters) – Drugmaker Pfizer's plans to take over Allergan have faced a political backlash in the United States over fears a deal would lead to the company shifting its headquarters and taxable profits to Ireland. Pfizer and Allergan are in talks to create the world's biggest drug company by market value and analysts expect a deal would likely involve…

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How Pfizer has shifted U.S. profits overseas for years