Wednesday, 20 December 2017

Why now's not the time for expensive tax cuts

President Trump and Republicans in Congress are on the verge of delivering a big tax cut for businesses. There's just one catch: Neither the economy nor corporate America needs it.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
Why now's not the time for expensive tax cuts
President Trump and Republicans in Congress are on the verge of delivering a big tax cut for businesses. There's just one catch: Neither the economy nor corporate America needs it. Read more »
 
FedEx may get $1.5 billion boost from tax cut
FedEx said that lower corporate taxes will provide a nice lift to earnings in 2018. It's the first company to tout gains from President Trump's tax bill and it probably won't be the last. Other transports, retailers and financials could benefit. Read more »
 
Puerto Rico Governor: GOP tax bill is 'serious setback' for the island
Three months after Hurricane Maria devastated the island, Puerto Rico stands to face a new tax in the Republican tax bill set to be voted on Tuesday. Its leaders are crying foul. Read more »
 
Chocolate Peanut Butter Cheerios helped General Mills end its cereal slump
Sales at General Mills rose for the first time in more than two years. Read more »
 
Trump and China: 2018 could get nasty
The United States vs. China was the 2017 trade battle that never materialized. But 2018 could be a different story. Read more »
 
BlackBerry's turnaround is complete
No more jokes about how the company missed the smartphone boat. Under CEO John Chen, the company has transformed into a software powerhouse. Read more »
 
 
 
 
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