Trump tax plan will sharply slash corporate tax rates U.S. President Donald Trump is proposing to slash the corporate income tax rate and offer multinational businesses a steep tax break on overseas profits brought into the United States, officials said late on Tuesday. With financial markets eagerly anticipating a White […]
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U.S. moves THAAD anti missile to South Korean site, sparking protests The U.S. military started moving parts of its controversial THAAD anti-missile defense system to a deployment site in South Korea on Wednesday amid high tensions over North Korea's missile and nuclear programs. The earlier-than-expected move prompted protests by hundreds […]
Trump administration to review dozens of U.S. national monuments U.S. President Donald Trump on Wednesday will order a review of national monuments created over the past 20 years with an aim toward rescinding or resizing some of them – part of a broader push to reopen areas to drilling, mining […]
Eighth time lucky NASA launches super balloon to collect near space data A stadium-sized pressure balloon launched by NASA in New Zealand began collecting data in near space on Wednesday, beginning a 100-day planned journey after several launch attempts were thwarted by storms and cyclones. The balloon, designed by the […]
Trump expected to order study of federal role in education President Trump is expected to sign an executive order Wednesday that would require Education Secretary Betsy DeVos to study how the federal government “has unlawfully overstepped state and local control,” according to a White House official. Trump has repeatedly pledged […]
For Wells Fargo directors, narrow wins may not be enough A shareholder vote scheduled for Tuesday could throw Wells Fargo & Co's (WFC.N) leadership into question if many directors, criticized for their slow response to the bank's phony-account scandal, fail to win solid majorities. A dozen of the 15 directors […]
Asia stocks near two-year high, euro steady as French vote lifts mood Asian equities hit a near two-year high on Tuesday, buoyed by a jump in risk appetite following the centrist victory in the first round of the French presidential election that also lifted the euro and pressured safe-haven assets. […]
Not an inside job: How two analysts became SEC whistleblowers Four years ago, two analysts who liked to swap notes on numbers they thought looked odd took a fateful step and tipped off U.S. regulators about a company that one of them had watched for months. Orthofix International NV (OFIX.O) […]
East Coast refiners eye Texas oil as North Dakota alternative U.S. East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota Access pipeline. […]
Ghosn wants Mitsubishi to reform, rules out Nissan merger A full merger of Japanese car makers Mitsubishi Motors Corp (MMC) (7211.T) and Nissan Motor Co Ltd (7201.T) is not on the table, Carlos Ghosn, chairman of both firms, said on Tuesday. "Full merger is not on the table. We want […]
