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businessNews reuters.com

U.S. M&A lending hits early year high with jumbo loans

NEW YORK (LPC) - A flurry of huge US acquisitions is pushing high-grade M&A lending to early year highs as blue-chip firms take advantage of US tax reform and try to fight off the threat of online retail giant Amazon.

domesticNews reuters.com

Trump administration considering rise in gas tax: Mnuchin

WASHINGTON (Reuters) - The Trump administration is considering a hike in the gasoline tax, but no decision has been made, U.S. Treasury Secretary Steve Mnuchin said on Friday.

companyNews reuters.com

US M&A lending hits early year high with jumbo loans

NEW YORK, Feb 23 (LPC) - A flurry of huge US acquisitions is pushing high-grade M&A lending to early year highs as blue-chip firms take advantage of US tax reform and try to fight off the threat of online retail giant Amazon.

businessNews reuters.com

Irish taxman sees disputed Apple bill remaining around $16 billion

DUBLIN (Reuters) - Ireland expects the final disputed tax bill that the European Commission ordered it to collect from Apple to be "in the ballpark" of the 13 billion euros ($16 billion) estimated, the head of the country's tax collectors said on Thursday.

Pruitt, Scott nytimes.com

Senior Republican Calls for E.P.A. Chief’s First-Class Travel Files

Scott Pruitt’s taxpayer-funded travel at the E.P.A. has drawn criticism, resulting in a Republican committee chairman to issue a demand for documents.

companyNews reuters.com

CORRECTED-UPDATE 3-Japan's Sony to form alliance to build taxi-hailing system

TOKYO, Feb 20 (Reuters) - Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system.

technologyNews reuters.com

Japan's Sony to form alliance to build taxi-hailing system

TOKYO (Reuters) - Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system.

cnn.com

A gas tax hike will solve exactly none of our problems

cnn.com

Trump suggests 25 cent gas tax increase, senator says

President Donald Trump suggested Wednesday that a one-time, 25 cent increase in gas and diesel taxes would be needed to help pay for the administration's new infrastructure plan, according to Democratic Sen. Tom Carper.

companyNews reuters.com

Singapore poised for first sales tax hike in more than a decade

SINGAPORE, Feb 13 (Reuters) - Singapore, a city-state famed for the low-tax model that helped transform it from a gritty port town to an Asian Manhattan, is expected to put something unusual in this year's government budget announcement: a tax hike.

cnn.com

Trump touts higher paychecks, worker bonuses as tax cut success

President Donald Trump says the recently passed tax cuts are already showing up in the paychecks of millions of workers.

companyNews reuters.com

BRIEF-Israeli Tax Authority Issues Tax Ruling On Galmed Pharma's Unit

* GALMED PHARMACEUTICALS -ISRAELI TAX AUTHORITY ISSUED TAX RULING GRANTING CO'S UNIT "PREFERRED TECHNOLOGICAL ENTERPRISE" STATUS, SUBJECT TO CONDITIONS

cnn.com

Are Trump's tax cuts backfiring on Wall Street?

Stocks and Bonds nytimes.com

DealBook: Falling Markets Show Trump the Other Side of the Tax Stimulus

If stocks continue to fall, it won’t be because the president’s tax policies are failing, but because they may overheat the economy, spurring inflation.

technologyNews reuters.com

Amazon settles tax row with France, value undisclosed

PARIS (Reuters) - Amazon said on Monday it had settled a long-running dispute with French tax authorities, who have been seeking nearly 200 million euros ($249 million) from the online retail giant.

companyNews reuters.com

Goldman Sachs exec sees more M&A after Trump's tax bill - FAS

FRANKFURT, Feb 4 (Reuters) - U.S. investment bank Goldman Sachs expects a pickup in cross-border mergers and acquisitions (M&A) activity due to President Donald Trump's tax reform, high cash levels and technological progress, a senior executive told a German paper.

Nunes, Devin G nytimes.com

Editorial: We’ve Got the Memo. Now What About Trump’s Tax Returns?

Since Republicans are now on board with greater transparency, surely they’ll be eager to release more information to the public.

companyNews reuters.com

UPDATE 3-McKesson says drug prices competitive but not volatile like 2017

* Books tax benefit of $370 mln in 3rd quarter (Adds company commentary on generic drug prices, background, analyst quotes; updates stock prices)

cnn.com

Poll: Trump sees uptick in approval rating

After hitting an all-time low last month, President Donald Trump's approval rating has taken an upward swing -- as public support for his tax plan also shot up, according to a new poll.

Tax Credits, Deductions and Exemptions nytimes.com

Your Money Adviser: It’s Tax Time: What to Remember

Most provisions of the new tax law won’t affect this year’s returns, with the exception of a temporary change broadening the deduction for medical expenses.

worldNews reuters.com

Trump to pitch America First to Davos elites

DAVOS, Switzerland (Reuters) - U.S. President Donald Trump is expected to use his maiden speech to the World Economic Forum on Friday to promote his tax cuts, deregulation and trade policies to chief executives, bankers and political leaders.

businessNews reuters.com

Aramco seeks to expand in U.S., says Trump is pro-oil

DAVOS, Switzerland (Reuters) - Saudi oil giant Aramco is looking to expand in the United States where President Donald Trump's tax cuts and support for the oil industry are making business increasingly attractive, its chief executive told Reuters.

companyNews reuters.com

Despite US$33bn hit, US banks lick lips on tax reform

LONDON, Jan 24 (IFR) - Just whisper it among European bank executives, but US bank chiefs reckon changes to US taxes are going to make them stronger and able to more aggressively hire from rivals and invest in technology.

politicsNews reuters.com

U.S. business group lobbying surged as tax reform took shape

WASHINGTON (Reuters) - Lobbying by U.S. business groups including the U.S. Chamber of Commerce and the Business Roundtable surged in the last three months of 2017 as lawmakers negotiated and finalized legislation that deeply cut the taxes companies pay.

companyNews reuters.com

UPDATE 2-U.S. business group lobbying surged as tax reform took shape

WASHINGTON, Jan 23 (Reuters) - Lobbying by U.S. business groups including the U.S. Chamber of Commerce and the Business Roundtable surged in the last three months of 2017 as lawmakers negotiated and finalized legislation that deeply cut the taxes companies pay.

companyNews reuters.com

BRIEF-Owens Corning Estimates Tax Cuts Will Result In Non-Cash Charge Of About $100 Million

* OWENS CORNING SAYS ‍CURRENTLY ESTIMATES THAT TAX CUTS & JOBS​ ACT WILL RESULT IN ONE-TIME, NON-CASH CHARGE OF ABOUT $100 MILLION IN Q4 OF 2017 - SEC FILING Source text: (http://bit.ly/2rt9c7e) Further company coverage:

companyNews reuters.com

UPDATE 1-U.S. business group lobbying surged as tax reform took shape -report

WASHINGTON, Jan 22 (Reuters) - Lobbying by U.S. business groups including the U.S. Chamber of Commerce and the Business Roundtable surged in the last three months of 2017 as lawmakers negotiated and finalized legislation that deeply cut the taxes companies pay.

businessNews reuters.com

U.S. business group lobbying surged as tax reform took shape: report

WASHINGTON (Reuters) - Lobbying by U.S. business groups including the U.S. Chamber of Commerce and the Business Roundtable surged in the last three months of 2017 as lawmakers negotiated and finalized legislation that deeply cut the taxes companies pay.

companyNews reuters.com

U.S. business group lobbying surged as tax reform took shape -report

WASHINGTON, Jan 22 (Reuters) - Lobbying by U.S. business groups including the U.S. Chamber of Commerce and the Business Roundtable surged in the last three months of 2017 as lawmakers negotiated and finalized legislation that deeply cut the taxes companies pay.

cnn.com

Trump slaps tax on imported solar cells and washing machines

The announcement came Monday from U.S. Trade Representative Robert Lighthizer.

technologyNews reuters.com

India sends tax notices to cryptocurrency investors as trading hits $3.5 billion

NEW DELHI (Reuters) - India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.

companyNews reuters.com

BRIEF-Callaway Golf Sees Tax Reform To Result In Net Increase Of About $5 Mln-$10 Mln In Income Tax Expense In Q4

* CALLAWAY GOLF- SEES ENACTMENT OF TAX LEGISLATION TO RESULT IN NET INCREASE OF ABOUT $5 MILLION-$10 MILLION IN INCOME TAX EXPENSE IN Q4, FY ENDED DEC 31, 2017​ Source: (http://bit.ly/2DlD0I9) Further company coverage:

companyNews reuters.com

BRIEF-Balfour Beatty Says 2017 Profit Benefiting From Credit From Us Tax Reforms

* ‍NOTES THAT US GOVERNMENT RECENTLY PASSED TAX CUTS AND JOBS ACT WHICH CONTAINS SIGNIFICANT TAX REFORM MEASURES​

PersonalFinance reuters.com

Bank of America takes tax hit, vows longer-term boost

(Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit...

companyNews reuters.com

UPDATE 4-Bank of America takes tax hit, vows longer-term boost

Jan 17 (Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit shareholders.

Budgets and Budgeting nytimes.com

Cuomo Says Budget Will Defend New York Against Trump’s ‘Economic Missile’

Gov. Andrew Cuomo on Tuesday unveiled a $168 billion spending plan that called for a raft of ideas to counter President Trump’s tax changes.

companyNews reuters.com

BRIEF-Halma Sees positive impact to adj profit from U.S Tax Reform

* EXPECTS US TAX CUTS AND JOBS ACT TO POSITIVELY IMPACT FUTURE US AFTER TAX ADJUSTED EARNINGS

companyNews reuters.com

BRIEF-National Express Sees Small Tax Credit In 2017 from U.S. Tax Reform

* ANTICIPATED REDUCTION IN GROUP'S EFFECTIVE TAX RATE (ETR) FROM 1ST JANUARY 2018 DUE TO IMPACT OF US TAX CUTS AND JOBS ACT​

companyNews reuters.com

BRIEF-Oyu Tolgoi Receives Tax Act From Mongolian Tax Authority​

* TURQUOISE HILL RESOURCES LTD - ‍OYU TOLGOI LLC RECEIVED, IS EVALUATING, A TAX ACT FOR APPROXIMATELY US$155 MILLION FROM MONGOLIAN TAX AUTHORITY​

cnn.com

Trump owes us money

Donald Trump owes each and every American money. And I don't mean the trickle-down economics kind that supposedly accompanies tax cuts to the one percent. I'm talking a check to every man, women and child for $3,239 per week until his presidency ends.

companyNews reuters.com

UPDATE 5-Wells Fargo sees no end yet to sales scandal costs, gets tax boost

NEW YORK, Jan 12 (Reuters) - Wells Fargo & Co is not certain it has fully uncovered and fixed all problems related to a long-running sales scandal that has hurt the bank's reputation and sideswiped its efforts to cut costs, Chief Executive Tim Sloan said on Friday.

businessNews reuters.com

U.S. top court to decide if online retailers must collect state sales tax

WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies.

companyNews reuters.com

UPDATE 1-U.S. Supreme Court takes up state online sales tax dispute

WASHINGTON, Jan 12 (Reuters) - The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies.

businessNews reuters.com

Wells Fargo sees no end yet to sales scandal costs, gets tax boost

NEW YORK (Reuters) - Wells Fargo & Co is not certain it has fully uncovered and fixed all problems related to a long-running sales scandal that has hurt the bank's reputation and sideswiped its efforts to cut costs, Chief Executive Tim Sloan said on Friday.

companyNews reuters.com

UPDATE 4-JPMorgan says tax changes will spur more profits after quarterly beat

Jan 12 (Reuters) - JPMorgan Chase & Co beat Wall Street's fourth-quarter earnings expectations on Friday and said tax law changes will help future profits by not only reducing the amount it pays the federal government but also by stimulating more business.

businessNews reuters.com

JPMorgan says tax changes will spur more profits after quarterly beat

(Reuters) - JPMorgan Chase & Co beat Wall Street's fourth-quarter earnings expectations on Friday and said tax law changes will help future profits by not only reducing the amount it pays the federal government but also by stimulating more business.

companyNews reuters.com

BRIEF-Abbvie Looking To Return Additional Cash To Shareholders

* ABBVIE CEO SAYS ANTICIPATES REDUCTION IN TAX RATE AS RESULT OF US TAX REFORM

companyNews reuters.com

BRIEF-London Stock Exchange Sees No Material Impact From US Tax Reform

* ‍THERE IS EXPECTED TO BE NO MATERIAL IMPACT ON LSEG FROM US TAX REFORM

politicsNews reuters.com

Marijuana taxes and a surplus expected to boost California budget

SACRAMENTO, Calif. (Reuters) - California Governor Jerry Brown will propose his final state budget on Wednesday, setting out a spending blueprint that last year topped $125 billion and marking the first time the state's coffers will be bolstered from sales taxes on marijuana.

technologyNews reuters.com

Lenovo to make $400 million one-off charge on US tax reforms

HONG KONG (Reuters) - Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.

companyNews reuters.com

BRIEF-D.R. Horton Inc Says Tax Act Will Result In A Charge Of About $115 Mln In Q1

* D.R. HORTON INC, AMERICA’S BUILDER, UPDATES GUIDANCE FOR IMPACT OF NEW U.S. TAX LAW

businessNews reuters.com

U.S. pharma executives expect deals to pick up after tax overhaul

SAN FRANCISCO (Reuters) - The Trump administration's tax overhaul should accelerate major acquisitions by drugmakers in 2018 after a slow year for deals in 2017, according to senior executives from some of the largest pharmaceutical manufacturers.

companyNews reuters.com

BAT sees 6 pct earnings-per-share boost from U.S. tax change

LONDON, Jan 9 (Reuters) - British American Tobacco said on Tuesday that new U.S tax rules would boost its earnings per share by 6 percent in 2018, all other things being equal, supporting its commitment to high-single digit earnings growth.

politicsNews reuters.com

Democrats ask watchdog to review new IRS tax guidelines

WASHINGTON (Reuters) - Two U.S. Democratic politicians asked a government watchdog on Monday to scrutinize implementation of President Donald Trump's tax law, warning that the administration could use new tax guidelines to create the appearance of a large middle-class tax cut ahead of the 2018 mid-term elections.

Tax Shelters nytimes.com

G.O.P. Says Tax Bill Will Add Jobs in U.S. It May Yield More Hiring Abroad.

Supporters say the recently approved tax law will help American multinationals compete more aggressively overseas. Others see incentives to put factories overseas.

politicsNews reuters.com

In possible boon for White House, Fed ready to lay low as tax plan kicks in

PHILADELPHIA (Reuters) - U.S. Federal Reserve policymakers have come to view Donald Trump's tax overhaul as a short-term economic boost that will neither permanently supercharge the economy, as the president says, or cause an immediate disruption that would require a central bank response, as some analysts have warned.

companyNews reuters.com

BRIEF-Keller Says U.S. Tax Reform To Benefit Future After Tax Earnings

* ‍KELLER EXPECTS THIS TAX REFORM LEGISLATION WILL BENEFIT ITS FUTURE AFTER TAX EARNINGS

companyNews reuters.com

UPDATE 3-CVS Health expects tax overhaul to boost cash flow, shares rise

* Shares jump as much as 4.7 pct (Adds analyst comments, conference call details; updates shares)

companyNews reuters.com

UPDATE 2-CVS Health expects tax overhaul to boost cash flow, shares rise

Jan 4 (Reuters) - CVS Health Corp said it expects the recent tax overhaul to boost its cash flow by $1.2 billion, sending its shares up more than 4 percent in morning trading on Thursday.

businessNews reuters.com

BP sets $1.5 billion charge for U.S tax changes but sees long-term boost

LONDON (Reuters) - Oil giant BP will take a one-off $1.5 billion charge to adjust to new U.S. tax rules, but expects a long-term boost from the corporate-friendly tax rates, it said on Tuesday.

companyNews reuters.com

UPDATE 4-BP sets $1.5 bln charge for U.S tax changes but sees long-term boost

* Both firms see lower tax having positive impact (Adds Exxon, Chevron comment)

businessNews reuters.com

BP takes $1.5 billion hit over U.S tax changes, joining Shell

LONDON (Reuters) - Oil giant BP will take a one-off $1.5 billion charge to adjust to new U.S. tax rules, joining rival Royal Dutch Shell and other companies, but expects a long-term boost from the corporate-friendly tax rates, it said on Tuesday.

companyNews reuters.com

UPDATE 3-BP takes $1.5 bln hit over U.S tax changes, joining Shell

* Both firms see lower tax having positive impact (Recasts, adds details, shares, updated factbox)

businessNews reuters.com

BP takes $1.5 billion charge over U.S tax changes, joining Shell

LONDON (Reuters) - BP will take a one-off $1.5 billion charge in its 2017 fourth quarter earnings as a result of new U.S. corporate income tax rules, joining rival Royal Dutch Shell.

companyNews reuters.com

UPDATE 2-BP takes $1.5 bln charge over U.S tax changes, joining Shell

* Both firms see lower tax having positive impact (Recasts, adds background)

companyNews reuters.com

BRIEF-BP Plc announces estimated impact on BP results due to US tax changes

* ‍EXPECTS FUTURE US AFTER-TAX EARNINGS TO BE POSITIVELY IMPACTED BY RECENTLY-ENACTED CHANGES TO US CORPORATE TAXES

E-Commerce nytimes.com

Op-Ed Contributor: States Pay the Price When You Buy Online

The Supreme Court should move state sales taxes into the internet age.

companyNews reuters.com

Goldman says tax legislation to decrease 4th-qtr earnings by $5 bln

Dec 29 (Reuters) - Goldman Sachs Group Inc on Friday said the tax legislation will result in a decrease of about $5 billion in its fourth-quarter earnings.

companyNews reuters.com

BRIEF-Farmers Capital Bank Says Tax Cuts & Jobs Act To Cause Deferred Tax Assets To Be Revalued‍​ ‍​

* FARMERS CAPITAL BANK CORP - CONCLUDED THAT THE TAX CUTS AND JOBS ACT WILL CAUSE THE COMPANY’S DEFERRED TAX ASSETS TO BE REVALUED‍​ ‍​

College Athletics nytimes.com

News Analysis: The College Sports Tax Dodge

A loophole written when collegiate athletics were a trivial business allows billions of dollars in revenue to go untaxed.

International Trade and World Market nytimes.com

China Offers Tax Incentives to Persuade U.S. Companies to Stay

Following a tax overhaul in the United States, Beijing has announced a temporary exemption for foreign firms investing in certain sectors.

companyNews reuters.com

BRIEF-Ambac Financial Announces Purchase Of COFINA Bonds And Withdrawal Of COFINA Bondholder Objection ​

* AMBAC FINANCIAL GROUP - ‍AMBAC ASSURANCE CORPORATION ENTERED DEAL WITH BONDHOLDERS TO PURCHASE CERTAIN SALES TAX REVENUE CAPITAL APPRECIATION BONDS​

cnn.com

Apple finally got its tax break. Will billions of dollars flow back to US?

companyNews reuters.com

BRIEF-Barclays Says Expects 1 Bln Pound Charge On Pretax Profit From U.S. Tax Reform ​

* ‍NOTES TAX CUTS AND JOBS ACT ENACTED ON 22 DECEMBER 2017, REDUCING STATUTORY RATE OF US FEDERAL CORPORATE INCOME TAX TO 21%​

companyNews reuters.com

UPDATE 2-China extends tax rebate for electric cars, hybrids

BEIJING/SHANGHAI, Dec 27 (Reuters) - China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away from the traditional internal combustion engine.

technologyNews reuters.com

China extends tax rebate for electric cars, hybrids

BEIJING/SHANGHAI (Reuters) - China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away from the traditional internal combustion engine.

companyNews reuters.com

UPDATE 1-China extends tax rebate for electric cars, hybrids

BEIJING/SHANGHAI, Dec 27 (Reuters) - China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away from the traditional internal combustion engine.

companyNews reuters.com

BRIEF-Shell ‍Expects Impact Of US Tax Reform Legislation To Be Favourable To Ops​

* ‍EXPECTS POTENTIAL ECONOMIC IMPACT OF RECENTLY ENACTED US TAX REFORM LEGISLATION TO BE FAVOURABLE TO SHELL AND TO ITS US OPERATIONS​

companyNews reuters.com

BRIEF-Navitas Updates On U.S. Tax Cuts And Jobs Act Implications

* UPDATES ON US TAX CUTS AND JOBS ACT IMPLICATIONS FOR NAVITAS

cnn.com

Sanders: Middle class tax breaks a good thing

Sen. Bernie Sanders (I-VT) says the tax breaks middle class Americans will receive as a result of the GOP's new tax reform bill are "a good thing," but says they should be permanent.

politicsNews reuters.com

Trump signs tax, government spending bills into law

WASHINGTON (Reuters) - U.S. President Donald Trump signed Republicans' massive $1.5 trillion tax overhaul into law on Friday, cementing the biggest legislative victory of his first year in office, and also approved a short-term spending bill that averts a possible government shutdown.

companyNews reuters.com

BRIEF-Newmont Mining Expects Tax Reform To Result In Income Tax Expense Increase Between $200 Mln & $400 Mln

* NEWMONT MINING- IDENTIFIED THAT REDUCTION IN U.S. CORPORATE INCOME TAX RATE TO 21% WILL RESULT IN RE-VALUATION OF DEFERRED TAX ASSETS, LIABILITIES

cnn.com

Trump signs tax bill into law, heads to Florida

President Donald Trump signed the Republican tax cut bill Friday morning as he prepares to leave for his Christmas break in Florida.

companyNews reuters.com

UPDATE 3-Trump signs tax, government spending bills into law

WASHINGTON, Dec 22 (Reuters) - U.S. President Donald Trump signed Republicans' massive $1.5 trillion tax overhaul into law on Friday, cementing the biggest legislative victory of his first year in office, and also approved a short-term spending bill that averts a possible government shutdown.

businessNews reuters.com

U.S. tax break could push startups to share the wealth

SAN FRANCISCO (Reuters) - Startup companies came away with a significant victory in the U.S. tax overhaul -- a chance to defer the often-onerous tax bill that is attached to company stock options.

cnn.com

Ivanka Trump flubs tax bill pitch on Fox News

businessNews reuters.com

U.S. Chamber flags financial reporting delays due to tax overhaul

WASHINGTON (Reuters) - Some U.S. listed companies may struggle to file their annual financial reports on time because the Republican-led overhaul of the country's tax system may prompt a raft of additional disclosures, the U.S. Chamber of Commerce warned on Thursday.

businessNews reuters.com

Wall Street higher as investors assess tax bill gains

(Reuters) - Wall Street's main indexes rose on Thursday as investors were hopeful that lower corporate tax rates would allow companies to spend additional capital on dividends, new projects and wages, which could give a boost to the overall economy.

topNews reuters.com

U.S. tax curbs on debt deduction to sting buyout barons

(Reuters) - As corporate America celebrates one of the biggest-ever cuts to its tax bill, one corner of Wall Street is fretting over the impact the reforms will have on its ability to profitably invest in companies.

businessNews reuters.com

Futures make little progress even as Congress passes tax bill

(Reuters) - A long-promised bill to slash corporate taxes passed the U.S. Congress but failed to excite Wall Street on Thursday, as investors appeared to lock in gains after a record rally this year in anticipation of the bill.

companyNews reuters.com

BRIEF-Intercontinental Hotels Updates on Impact of US Tax Cuts, Jobs Act Bill​

* INITIAL ESTIMATES ARE ENACTED BILL WILL REDUCE IHG'S GROUP EFFECTIVE TAX RATE BY MID TO HIGH SINGLE DIGIT PERCENTAGE POINTS FROM 1 JANUARY 2018‍

companyNews reuters.com

GLOBAL MARKETS-Asia stocks subdued as US tax cuts slug bonds

* Treasury sell-off takes 10-year yields to highest since March

companyNews reuters.com

GLOBAL MARKETS-Asia stocks subdued as US tax cuts belt bonds

* Treasury sell-off takes 10-year yields to highest since March

companyNews reuters.com

BRIEF-Computershare Updates On U.S. Tax Reform's Impact

* US TAX CUTS AND JOBS ACT ELIMINATES/REDUCES CERTAIN TAX DEDUCTIONS CURRENTLY AVAILABLE TO CO

companyNews reuters.com

GLOBAL MARKETS-Asia stocks subdued as US tax cuts batter bonds

* Treasury sell-off takes 10-year yields to highest since March

businessNews reuters.com

Wall Street edges lower, pauses as tax bill clears Congress

NEW YORK (Reuters) - Wall Street's main indexes dipped on Wednesday, pausing after recent record highs as both houses of Congress approved a long-anticipated tax overhaul.

businessNews reuters.com

Wall Street takes a breath as tax bill clears Congress

NEW YORK (Reuters) - Wall Street's main indexes were little changed on Wednesday, taking a breather after a month-long rally as both houses of Congress approved a tax overhaul in a long-anticipated vote.

companyNews reuters.com

US STOCKS-Wall St takes a breath as tax bill clears Congress

* Philip Morris down on Reuters report of trial irregularities

businessNews reuters.com

Wall Street rally stalls as tax bill clears Congress

(Reuters) - Wall Street's main indexes were flat on Wednesday, taking a breather after a month-long rally and as U.S. Treasury yields rose as a bill to cut $1.5 trillion in taxes progressed toward the finish line.

businessNews reuters.com

Wall St. takes a breather as tax bill nears passage

(Reuters) - U.S. stocks edged lower on Wednesday as the long-awaited tax bill was all but assured of becoming law, allowing investors to take a breather after a month-long rally in anticipation of the largest overhaul of the U.S. tax code in 30 years.