Daily Investor Update: House approves biggest tax overhaul in 30 years; Senate next

Click to View in Browser Tuesday, December 19, 2017 House approves biggest tax overhaul in 30 years; Senate next WASHINGTON (Reuters) - The Republican-controlled U.S. House of Representatives approved sweeping, debt-financed tax legislation on Tuesday, sending the bill to the Senate, where lawmakers were due to take up the package later in the evening. Banks, healthcare service firms among winners from U.S. tax bill NEW YORK (Reuters) - Sweeping U.S. tax legislation appears to be on the verge of approval, lifting the prospects in particular for banks, telecoms, transports and other industries that stand to gain the most from lower corporate tax rates. States urge Trump administration to adopt new airline baggage fee rules WASHINGTON (Reuters) - A group of 16 state attorneys general on Tuesday urged the Trump administration to reverse a decision to abandon a proposed regulation that would have required airlines and third party booking companies to prominently disclose baggage and other fees. Wall Street lower as traders see past tax revamp NEW YORK (Reuters) - U.S. stocks fell on Tuesday as excitement over the likelihood of a tax code revamp was more than offset by concern over its effect on years of monetary policy stimulus and the future of interest rates. U.S. tax cut to deliver corporate earnings gift NEW YORK (Reuters) - A planned massive Republican tax overhaul has led Wall Street strategists to revise their 2018 corporate earnings forecasts sharply higher, but the jury is out on how long the accelerating effect on profits will last. Instant View: House approves biggest tax overhaul in 30 years, Senate next (Reuters) - The Republican-controlled U.S. House of Representatives approved sweeping, debt-financed tax legislation on Tuesday, sending the bill to the Senate, where lawmakers were due to take up the package later in the evening. Senate begins debate on final Republican tax bill WASHINGTON (Reuters) - The Republican-led U.S. Senate voted on Tuesday to begin debate on sweeping tax legislation, setting the stage for lawmakers to hold their final vote on the tax cut package later in the evening. Innogy's CEO leaves group days after profit warning BERLIN/FRANKFURT (Reuters) - The chief executive of Innogy , Peter Terium, has left the German energy group in an apparent clash over strategy, just days after a profit warning hit its shares and those of its majority owner RWE . Ryanair tells pilots it 'grew too fast': Irish Independent DUBLIN (Reuters) - Senior Ryanair executives told pilots in London last week that the company "grew too fast" and lost the trust of its pilots, but was working hard to restore it, the Irish Independent newspaper reported on Tuesday. UPS reserves 125 Tesla semi-trucks, largest public pre-order yet DETROIT (Reuters) - United Parcel Service Inc said on Tuesday it is buying 125 Tesla Inc all-electric semi-trucks, the largest known order for the big rig so far, as the package delivery company expands its fleet of alternative-fuel vehicles. Related Video China gives Google and Facebook an ultimatum Tax benefits are one-time boost - Fiduciary Trust's Carin Pai Related News Work hard, play hard: Life lessons from Sammy Hagar Investor equity valuation worries grow - BAML survey Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. 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