Reuters Business Today: April 26, 2017

Click to View in Browser Wednesday, April 26, 2017 Congress moves closer to deal to avert government shutdown WASHINGTON (Reuters) - The U.S. Congress was moving closer to crafting a deal to avoid shutting down at the stroke of midnight on Friday, but the details and even broad strokes of an agreement were still murky. Trump tax plan slashing business rates to test support in Congress WASHINGTON (Reuters) - U.S. President Donald Trump will release a tax plan on Wednesday proposing some deep rate cuts, mostly for businesses, including a slashed corporate income tax rate and steeply discounted tax rate for overseas corporate profits brought into the United States, officials said. Futures flat as Trump tax plan awaited (Reuters) - U.S. stock index futures were little changed on Wednesday amid a flood of corporate earnings, while investors awaited President Donald Trump's tax plan. PepsiCo profit beats on demand for healthier snacks, drinks (Reuters) - PepsiCo Inc reported higher-than-expected quarterly revenue and profit as the company benefited from demand for its healthier drinks and snacks and kept a tight leash on costs. Twitter posts strongest growth in monthly users in a year (Reuters) - Twitter Inc reported its strongest growth in monthly active users in more than a year and a much better-than-expected quarterly profit, despite stiff competition from Facebook and Snapchat, sending its shares up 11 percent. Acquisitions help Nasdaq beat profit estimates (Reuters) - Nasdaq Inc posted a better-than-expected quarterly profit as the transatlantic exchange operator benefited from its acquisitions. Exclusive: A New York hotel deal shows how some public pension funds help to enrich Trump WASHINGTON (Reuters) - Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuters review of public records. That arrangement could put Trump at risk of violating an obscure constitutional clause, some legal experts say. China's richest man deepens sports foray with global marathons deal BEIJING (Reuters) - China's Dalian Wanda Group, controlled by the country's richest man Wang Jianlin, has signed a deal to sponsor races with the world's top organizer, Abbott World Marathon Majors (WMM), the latest move by Wanda to expand its global sports business. Exclusive: Austrian prosecutors investigate Airbus CEO over suspected fraud VIENNA (Reuters) - Vienna prosecutors are investigating Airbus Chief Executive Thomas Enders for suspected fraud in connection with a $2 billion Eurofighter jet order by Austria more than a decade ago, the prosecutors' office said. Credit Suisse seeks capital security with $4 billion cash call ZURICH (Reuters) - Credit Suisse has ditched plans to raise money by listing part of its Swiss business and will instead sell new shares worth about 4 billion Swiss francs ($4 billion) to get its financial strength back on a par with rivals. Related Video Mercedes and PSA car sales race ahead Trump tax plan will sharply slash corporate tax rates Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook