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.
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Wednesday, November 15, 2017
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.
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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.
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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.
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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.
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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.
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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.
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