Businesses like investment tax breaks, but will they spend?
(Reuters) – Jerry Zeitler says a sweeping Republican tax overhaul will encourage him to take a bigger bite next year out of his $3 million wish list of new equipment for the metal-stamping operation he runs outside Cleveland.
House OKs tax overhaul, but procedural snag forces new vote
WASHINGTON (Reuters) – Congressional Republicans hit a last-minute snag on Tuesday in their drive to pass the biggest U.S. tax overhaul in 30 years, requiring them to hold another vote on Wednesday and delaying what was still likely to be their first m…
U.S. bank regulators say four bank ‘living wills’ have shortcomings
WASHINGTON (Reuters) – U.S. banking regulators said Tuesday that “living wills” submitted by eight large U.S. banks are satisfactory, but half of those plans have “shortcomings” that should be addressed in the future.
Wall Street eases as investors look past tax revamp
NEW YORK (Reuters) – U.S. stocks fell on Tuesday as excitement over the likelihood of a tax code revamp was offset by concern over its effect on years of monetary policy stimulus and the future of interest rates.
House OKs tax overhaul, but stumbles on details
WASHINGTON (Reuters) – Republicans in the U.S. Congress hit a last-minute snag on Tuesday in their drive to approve the biggest tax code rewrite in 30 years, requiring another vote on Wednesday and delaying what would be their first major legislative w…
Fiat Chrysler in talks over potential diesel emissions settlement
(Reuters) – Lawyers for Fiat Chrysler Automobiles NV and owners of the automaker’s diesel-powered vehicles are in settlement talks over allegations of excess diesel emissions, a court-appointed adviser said Tuesday.
FedEx quarterly profit rises on strong package volume, global economy
(Reuters) – Package delivery company FedEx Corp on Tuesday reported a better-than-expected quarterly net profit due to strong global demand and increased volumes during the peak holiday shipping season, but said its results were hit by lingering effec…
FedEx quarterly profit rises on strong package volume
(Reuters) – Package delivery company FedEx Corp on Tuesday reported a higher quarterly net profit due to increased volume, but results were hit by lingering effects from a June cyber attack on its Dutch TNT Express unit.
House approves biggest tax overhaul in 30 years; Senate next
WASHINGTON (Reuters) – The Republican-controlled U.S. House of Representatives approved sweeping, debt-financed tax legislation on Tuesday, sending the bill to the Senate, where lawmakers were due to take up the package later in the evening.
States urge Trump administration to adopt new airline baggage fee rules
WASHINGTON (Reuters) – A group of 16 state attorneys general on Tuesday urged the Trump administration to reverse a decision to abandon a proposed regulation that would have required airlines and third party booking companies to prominently disclose ba…
