Davos kicks off with recessions at record lows
Igniting global trade could be icing on the cake for the United States economy.
Tax cuts will boost restaurants, US economy: Red Lobster CEO
As business anticipate a boost from the Republican tax reform plan, Red Lobster is setting themselves up for future growth and expects to employ new hires as a result of the bill.
Tax season: Top tips for 2018
Tax season is rapidly approaching and both taxpayers and financial advisors are still getting acquainted with all the finer details of the GOP’s new legislation.
These are the 5 biggest business stories from this week
Amazon's HQ2 search, Apple's plan for a economic boon and the possible dissolution of a 125-year-old company: These are the biggest business stories you need to know about this week.
Stock-market investors eager for more guidance on tax-cut impact
Will tax cuts percolate through to boost economy?
Tax reform is ingesting a 'sugar high' into the markets: North Island Co-Founder Glenn Hutchins
Wall Street’s recent record highs have been driven by strong economic growth both domestically and abroad, as well as optimism related to the Republican tax reform legislation passed last month.
Trump, in Pennsylvania, touts 'tremendous' tax relief for America
In a small town outside of Pittsburgh, Donald Trump extolled one of the singular achievements accomplished in the first year of his presidency: the tax system overhaul.
BNY Mellon to raise wages for 1,000 employees following tax overhaul
Bank of New York Mellon Corp. (NYSE:BK) executives said nearly all of this year's benefits from the new U.S. tax law will go to technology upgrades and its employees instead of shareholders.
Apple to add 20K jobs, pay $38B US tax bill to repatriate cash
The Cupertino, California-based tech giant said its investments will focus on job creation, spending with U.S. suppliers and an expansion of the App Store, Apple’s digital content hub.
Government funding uncertainties bad for economy, markets: Tony Sayegh
Tony Sayegh, assistant Secretary of the Treasury, on the impact of the tax reform package and concerns of a potential government shutdown.
AutoNation joins slew of companies offering tax reform-related perks to employees
AutoNation, the largest car dealer in the U.S., has announced that it will offer new financial perks to its employees, citing President Trump’s tax overhaul.
Apple to give $2,500 bonuses to employees after tax reform
Apple joins several other companies, including AT&T, Boeing and JetBlue in awarding bonuses to its employees due to tax reform.
American rifle group hands out bonuses, boosts workers' pay after Trump's tax bill
AR-15 Gun Owners of America CEO Chris Waltz tells FOX Business he is giving his employees bonuses because of the tax bill.
Tax bill's impact from a government shutdown would be negligible if not zero: Mulvaney
Office of Management and Budget Director Mick Mulvaney on the impact of a potential government shutdown on implementation of the tax reform legislation.
IRS asks for extra cash: Are Americans more at risk of being audited?
Republicans are currently weighing the best ways to devote more resources to the Internal Revenue Service (IRS) after years of budget cuts at the agency, but that doesn’t necessarily mean the number of audits are set to increase, experts say.
H&R Block, Walmart enter exclusive tax software partnership, shares rise
The partnership establishes H&R Block as the “exclusive [do-it-yourself] desktop tax software provider available at Walmart stores nationwide, and sold directly by Walmart on walmart.com,” according to a press release.
FedEx CEO on tax bill: I’m sure we will be doing a lot of things as a result
During an exclusive interview on “Varney & Co.” FedEx CEO Fred Smith said the GOP tax bill will increase capex spending.
Bob Wright on US economy: 2018 will be the most outstanding year since 1996
Former NBC Universal CEO Bob Wright on the outlook for the U.S. economy and markets.
Ford won’t be giving one-time tax related bonuses
While the automaker won’t be giving workers a one-time windfall, they will share in profit taking.
The 7 biggest business stories from this week
Walmart wowed the nation with a pay hike for one million workers -- but will eliminate thousands of jobs -- while JPMorgan CEO Jamie Dimon dialed back his bitcoin bashing.