Asian shares up on US tax earnings hopes Mueller report hits dollar Asian shares up on US tax earnings hopes Mueller report hits dollar: Asian shares rose firmly on Friday as strong U.S. earnings and a step forward in Congress on U.S. tax reform brightened the mood, even though investors […]
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Latest estimate shows Senate tax plan would leave low-income households with higher tax bills Latest estimate shows Senate tax plan would leave low-income households with higher tax bills: The Senate’s latest tax plan would lavish billions of dollars in tax cuts on the wealthiest Americans but leave those at the […]
Bankrupt Toys R Us wants to pay $16 million in executive bonuses Bankrupt Toys R Us wants to pay $16 million in executive bonuses: Toys “R” Us has asked the bankruptcy court for permission to pay $16 million in bonuses to its top executives if the company is able to […]
Meredith Time Inc restart deal talks with Koch brothers support Meredith Time Inc restart deal talks with Koch brothers support: Time Inc is in talks with Meredith Corp again to sell itself in a potential deal backed by billionaire brothers Charles Koch and David Koch, the New York Times reported. […]
Narrow win for Fox shows restlessness with dual class shares Narrow win for Fox shows restlessness with dual class shares: A shareholder proposal calling for Twenty-First Century Fox Inc to scrap its dual-class share structure was rejected on Wednesday, although the measure received significant support among voters outside the controlling […]
Buffalo Wild Wings shares soar on report of takeover bid Buffalo Wild Wings shares soar on report of takeover bid: Buffalo Wild Wings’ shares rose nearly 26 percent in early trading on Tuesday, a day after a report said the company received a $2.3-billion takeover bid from private-equity firm Roark […]
GE tumbles for a second day after announcing major overhaul GE tumbles for a second day after announcing major overhaul: GE’s stock fell as much as 8.2 percent to $17.46. It was last down 5.3 percent in late afternoon trade, adding to its 7.2 percent drop on Monday, which set […]
Senate reaches deal to cut number of systemically important banks Senate reaches deal to cut number of systemically important banks: The bill would exempt banks with less than $250 billion in assets – including BB&T, SunTrust Banks and American Express – from heightened regulatory scrutiny, in a move that could […]
Shrinking GE rattles investors shares hit 5 year low Shrinking GE rattles investors shares hit 5-year low: General Electric Co’s (GE.N) new Chief Executive John Flannery on Monday outlined steps that will turn the biggest U.S. industrial conglomerate into a smaller, more focused company, surprising some investors who sold the […]
Asia stocks subdued as China data disappoints Asia stocks subdued as China data disappoints: Asian stocks put in a subdued performance on Tuesday as Chinese economic data disappointed and investors pondered whether a marked flattening in the U.S. yield curve might be a harbinger of a future slowdown there. China’s […]
