Israel may adjust corporate tax after U.S. slash – finance minister
JERUSALEM (Reuters) – Israel may have to make adjustments to its corporate tax rate, Finance Minister Moshe Kahlon said on Saturday in response to a tax slash approved by the U.S. Senate.
Fiat Chrysler CEO says in talks with Hyundai on tech partnership
ARESE, Italy (Reuters) – Fiat Chrysler Automobiles is in talks with South Korea’s Hyundai about a technical partnership, but there are no merger talks between the two, FCA Chief Executive Sergio Marchionne said on Saturday.
Italy financial police visit Gucci’s offices in tax probe: source
MILAN (Reuters) – Italian tax police have visited the offices of fashion company Gucci for fiscal checks as part of an investigation by Milan prosecutors into suspected tax evasion, a senior source with direct knowledge of the matter said on Saturday.
Fear of missing out keeps investors in stocks despite risks
NEW YORK, (Reuters) – Wall Street’s fear of missing out on a relentless rally appears to be trumping rising political risk in a high-stakes December in Washington.
American Air reaches deal with pilots over scheduling error
NEW YORK (Reuters) – American Airlines has reached an agreement with its pilots union over premium pay for some December flights, both groups said on Friday, after a scheduling snafu gave too many pilots holiday time off and sent the airline scrambling…
Tech firms tell patent court to ignore Allergan deal with tribe
(Reuters) – Over 30 technology companies including Alphabet Inc , Amazon.com Inc and Facebook Inc. on Friday urged a U.S. patent court to disregard drugmaker Allergan Plc’s contention that its transfer of some of its patents to a Native American tri…
General Electric lays off workers at power business in New York
NEW YORK (Reuters) – General Electric Co said on Friday it was laying off workers at its power division in Schenectady, New York, as it tries to reduce costs after a steep profit drop at the division.
Wall Street hiking corporate profit forecasts on tax cut expectations
NEW YORK (Reuters) – Wall Street forecasters have been hiking their outlooks for 2018 corporate profits on rising expectations that the proposed U.S. tax overhaul, championed by President Donald Trump, will pass, giving a boost to companies’ bottom lin…
Whipsawed by Washington, Wall Street ends modestly lower
NEW YORK (Reuters) – Wall Street fell on Friday, whipsawed by developments with a probe into Russia’s alleged involvement in the U.S. election as well as with progress on a tax bill in Congress.
Wall Street falls on Russia probe, but tax hopes soften blow
(Reuters) – Wall Street fell on Friday after an ABC News report that President Donald Trump’s former national security adviser was prepared to testify that before taking office Trump had directed him to make contact with Russians.
