December 4, 2017

Bank stocks favored over tech as tax bill makes headway

(Reuters) – Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have […]
December 4, 2017

Shares of big U.S. banks jump as Senate approves tax overhaul

(Reuters) – Shares of the biggest U.S. banks rose on Monday, after the Senate approved a tax overhaul bill on Saturday, raising investor hopes that their […]
December 4, 2017

Global air passenger traffic demand up 7.2 percent in October: IATA

Global demand for air travel climbed 7.2 percent in October, rebounding after September was disrupted by hurricanes, the International Air Transport Association (IATA) said on Monday. […]
December 4, 2017

Bitcoin dips below $11,000 after setting another record high

LONDON (Reuters) – Bitcoin dipped back under $11,000 on Monday, coming off a record high just shy of $11,800 it hit on Sunday after a surge […]
December 4, 2017

CVS, Aetna executives expect to save by reducing redundancy

NEW YORK (Reuters) – CVS Health Corp and Aetna Inc top executives on Monday defended their planned merger to Wall Street analysts who questioned the merits […]
December 4, 2017

Wall St. opens higher on Senate tax bill approval

(Reuters) – Wall Street’s main indexes surged at the opening on Monday after the U.S. Senate passed its version of a tax overhaul bill, bringing closer […]
December 4, 2017

Broadcom unveils 11-nominee slate for Qualcomm board

(Reuters) – Chipmaker Broadcom Ltd took its first formal step toward a hostile bid to take over Qualcomm Inc on Monday, unveiling a slate of 11 […]
December 4, 2017

U.S. corporate alternative minimum tax should be removed: House Republican

WASHINGTON (Reuters) – The alternative minimum tax on corporations, which had been included in the U.S. Senate’s tax bill, should be eliminated in the final legislation, […]
December 4, 2017

Ireland expects Apple back tax in escrow account in first quarter, 2018: minister

BRUSSELS (Reuters) – Ireland expects iPhone maker Apple to start paying up to 13 billion euros ($15.4 billion) in back taxes into an escrow account in […]
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