Corporate America is back in the black in a big way.
Rapid growth in China and other emerging economies has pushed up earnings for companies that sell most of their wares abroad, such as locally based Exxon Mobil Corp. and Texas Instruments.
But companies built around domestic demand, such as Southwest Airlines and Dr. Pepper Snapple Group, are also doing well.
After crashing in fall 2008, corporate profits have soared to their highest levels since 2006.
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