McDonald's to open 1,000 new restaurants in 2018, beef up tech after tax reform
McDonald’s said it plans to funnel a significant portion of its tax savings after President Trump’s sweeping tax bill into remodeling stores in the U.S. and opening an additional 1,000 stores worldwide this year.
Taxpayers' paycheck problems could lead to big bill from IRS, expert warns
As employees begin to receive their updated paychecks based on the new tax code changes, many are seeing incorrect withholding amounts, which could lead to financial trouble down the road, one financial expert warns.
Manufacturers optimistic ahead of Trump's first State of the Union
Employment posts biggest increase since 2014 as global economy strengthens, dollar weakens
Small businesses will invest more thanks to tax bill: SBA’s Linda McMahon
SBA administrator Linda McMahon discussed how President Trump’s tax reform plan and regulatory rollbacks are going to help small businesses.
Exxon says 'historic' tax reform will support $50 billion spending plan
The oil giant's CEO said Exxon Mobil may further expand along the Gulf Coast as a result of tax cuts.
Home Depot co-founder derides Dems for criticizing Trump’s tax overhaul
Home Depot this week announced that it would offer one-time, $1,000 bonuses to hourly employees, joining more than 100 companies that are offering some type of financial boost in the wake of President Trump’s business-friendly tax overhaul.
How tax reform bonus payments can save your business a ton of money
How to save you, your company and your employees a lot of money.
High-tax states forming coalition to sue government over tax bill, SALT changes
While U.S. corporations are cheering the new tax law, a handful of high-tax states are forming a coalition to sue the federal government over how SALT changes are affecting their residents.
FedEx commits to hiking worker pay, funding pension plan under Trump's new tax law
FedEx is the latest U.S. corporation to announce it will raise employee pay as a result of the GOP’s recently passed tax reform bill.
Anheuser-Busch CEO says he's committed to the U.S. after tax reform
Anheuser-Busch’s new CEO said the company’s Belgium-based parent AB InBev plans to invest about $2 billion dollars in U.S. plants following the passage of President Trump’s tax overhaul legislation.
Stocks, taxes and profits: What you need to know in 2018
The Republican Party was successful in pushing through a sweeping tax overhaul at the end of last year, which has since pushed the stock market to new record highs.
Home Depot will award up to $1,000 bonuses tied to tax reform
Home Depot announced on Thursday it will pay its U.S. hourly workers a one-time bonus of up to $1,000 tied to President Trump’s tax reform.
Bill Gates isn’t convinced that AI will replace humans
Microsoft co-founder Bill Gates suggested that despite some common concerns that artificial intelligence (AI) could upend and replace the U.S. workforce, he sees the technology as a chance for an economic revival.
Ross on media doubting tax reform: They make up fiction
The commerce secretary tells FOX Business worker bonuses will get pumped right into the U.S. economy.
Ford CFO: GOP tax plan helped earnings in 2017, not 2018
Ford Motor Company CFO Bob Shanks discussed how the company benefited from the GOP tax reform plan.
Trump's tax reform plan is enticing foreign companies to the US
President Donald Trump’s tax reform plan is making it more attractive for foreign companies to do business in the U.S., Italian businessman and author Gianluca Mech told FOX Business.
Whirlpool posts quarterly loss due to tax reform charge
Home appliances maker Whirlpool on Wednesday posted a quarterly loss, compared with a year-ago profit, hit by a charge of about $420 million related to the U.S. tax reforms.
BofA’s Moynihan says sharing tax reform cash with workers a priority
The mood in the market is ‘very, very good,’ UBS's chairman says at Davos conference.
Starbucks to increase wages, improve benefits for 150K employees
Starbucks said Wednesday it will increase wages and enact other perks for more than 150,000 U.S. employees as a direct result of recent tax reform, joining other corporations in rewarding workers.
Toys 'R' Us to close about 180 stores across America
FBN's Tracee Carrasco on Toys “R” Us' plans to close about 180 stores, Disney giving bonuses to its employees due to tax reform and the top three best-selling beers in America.