Wednesday, November 15, 2017

Japan Extends Growth Streak to Seven Quarters

The Japanese economy grew at an annualized pace of 1.4% in the most recent quarter, marking its longest growth streak in 16 years with help from stronger global demand.

from WSJ.com: US Business http://ift.tt/2jrb6Bz
via IFTTT

Senate GOP Adds Health-Care Twist to Tax Overhaul Plan

Senate Republicans attached a provision to their tax overhaul that would repeal the requirement that all Americans have health insurance, a new twist in the GOP lawmakers’ efforts to rewrite much of the U.S. tax code.

from WSJ.com: US Business http://ift.tt/2htvded
via IFTTT

Airbus Secures Deal for 430 Jetliners

Airbus secured a $49.5 billion deal—one of the largest aircraft deals in history—with a 430-jet agreement with Indigo Partners, a U.S. private equity group with stakes in some of the fastest-growing low-cost carriers on three continents.

from WSJ.com: US Business http://ift.tt/2mrt8ox
via IFTTT

Tuesday, November 14, 2017

Pence Presses CEOs to Help Sell Tax Overhaul

Vice President Mike Pence said he believes that Republicans will secure the votes to pass a tax overhaul that is now making its way through Congress, whatever the outcome of the volatile senate race in Alabama.

from WSJ.com: US Business http://ift.tt/2iW4dUV
via IFTTT

Hassett Says Stock Markets May Be Counting on Tax Cuts

Kevin Hassett, the chairman of the White House Council of Economic Advisers, said Tuesday that stock markets could face a pullback if the Republican tax-cut proposals aren’t passed into law.

from WSJ.com: US Business http://ift.tt/2zL5Ywa
via IFTTT

Retail Chain Forever 21 Warns of Data Breach

Forever 21 Inc. said Tuesday that unauthorized users may have gained access to its payment systems, potentially exposing the credit-card information of customers who shopped in some of the fashion retailer’s stores.

from WSJ.com: US Business http://ift.tt/2yDENSM
via IFTTT

GE Shares Have a Second Bad Day

General Electric Co. shares tumbled 5.9% on Tuesday, causing the conglomerate to lose its crown as the biggest U.S. industrial company as Wall Street digests a turnaround plan announced Monday.

from WSJ.com: US Business http://ift.tt/2hDu1sh
via IFTTT