Commercial real estate gets lower rates and new breaks in the Republican bills, and trusts that have been key financing sources do especially well. [Source]
As the Republican tax plan continues to advance -- and morph -- with dizzying speed, those of us in the accounting business continue to be astonished by the thickening maze of loopholes emerging from the bill.
(Updates prices) By Bruno Federowski SAO PAULO, Dec 14 (Reuters) - Brazil's real on Thursday sank to a nearly six-month low after lawmakers delayed a vote on a bill to cut social security benefits that is seen as a key measure to rein in the deficit. Mexico's peso sank nearly 0.8 percent, only briefly paring losses after the country's central bank raised interest rates, while Chile's peso gained more than 1 percent to a two-week high, helped by rising prices for copper, the country'
PARIS (Reuters) - Airbus planemaking chief Fabrice Bregier plans to leave the aerospace group after the board intervened to resolve tensions over the future succession to Chief Executive Tom Enders, sources familiar with the matter said on Thursday.
RIO DE JANEIRO, Dec 14 (Reuters) - The board of Brazilian telecommunications company Oi SA will meet on Friday, and will likely call a shareholders meeting to debate a restructuring deal struck by its executives and key creditors, two sources familiar with the board's thinking said on Thursday.
PARIS, Dec 14 (Reuters) - Airbus planemaking chief Fabrice Bregier plans to leave the aerospace group after the board intervened to resolve tensions over the future succession to Chief Executive Tom Enders, sources familiar with the matter said on Thursday.
NEW YORK, Dec 14 (Reuters) - Southwest Airlines Co would use savings from a potential cut to the U.S. corporate tax rate to buy new planes and fund share buybacks, Chief Executive Gary Kelly said on Thursday.
SAN FRANCISCO (Reuters) - Alphabet Inc's Google and NASA said on Thursday that advanced computer analysis identified two new planets around distant stars, including one that is part of the first star system with as many planets as Earth's solar system.
PARIS (Reuters) - Airbus Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board meeting on Thursday to tackle management tensions at the aerospace group, two sources familiar with the matter said.
Sen. Marco Rubio, a Republican from Florida, told congressional leadership that he will not support the latest version of the GOP tax bill if the legislation doesn't make the child tax credit more generous.
For the first time, eight planets have been found orbiting a distant star, Kepler-90, 2,545 light-years from Earth in the Draco constellation, NASA announced Thursday. It is the first star known to support as many planets as are orbiting our own sun, and researchers believe that this is the first of many to come.
PARIS, Dec 14 (Reuters) - Airbus Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board meeting on Thursday to tackle management tensions at the aerospace group, two sources familiar with the matter said.
From a scorched world with surfaces hotter than lava, to one of the best chances for life outside of our solar system, scientists have discovered a host of incredible exoplanets orbiting other stars in our night's sky.
(Reuters) - Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose software was targeted.
BUDAPEST (Reuters) - Hungary will relax rules on the construction of small solar power plants and subsidize loans to landowners as part of efforts to promote renewable energy, a government official said on Thursday.
NEW YORK/WASHINGTON (Reuters) - For Nancy Minoui of Portland, Oregon, and Crystal Lett of Dublin, Ohio, Congress' failure to fund the Children's Health Insurance Program is not some distant tale of political wrangling.
WASHINGTON (Reuters) - Since mid-2016, U.S. House Speaker Paul Ryan has carried around a "postcard" that he has said shows how easy it will be for Americans to file their taxes once Republicans are finished their tax overhaul.
TOKYO, Dec 14 (Reuters) - Japan's Nikkei share average slipped on Thursday, as banks and insurer shares weakened in line with lower interest rates while telecommunications shares withered on news that online retailer Rakuten plans to enter the mobile carrier market.
BRIEF-Hmg Courtland Properties says Jy-Tv Associates Entered Agreement With Cardone Real Estate Acquisitions
* HMG COURTLAND PROPERTIES - JY-TV ASSOCIATES ENTERED AGREEMENT WITH CARDONE REAL ESTATE ACQUISITIONS TO SELL APARTMENTS FOR ABOUT $50.3 MILLION-SEC FILING Source text: [http://bit.ly/2AAFuRH] Further company coverage:
WILMINGTON, Del. (Reuters) - A U.S. judge shot down on Wednesday a request by creditors of Westinghouse Electric Co LLC for a bigger role in the nuclear technology company's bankruptcy just days after its parent company Toshiba Corp proposed a restructuring plan.
Amazon wins the weird-TV Olympics with "Jean-Claude Van Johnson," a surreal flight of comic fancy starring Jean-Claude Van Damme, which begins with lots of manic energy and pretty quickly runs out of gas. Think of it as the scripted version of a reality-TV show about a washed-up star, albeit one who secretly gets his kicks as a super-spy.
(Reuters) - Finisar Corp is getting a $390 million investment from Apple Inc to revive a plant in Texas, which will boost production of chips that power high-profile iPhone X features including Face ID and portrait mode photos.
TOULOUSE, France Dec 13 (Reuters) - Airbus chief operating offficer Fabrice Bregier dismissed media reports about his departure from the aerospace group, saying on Wednesday he was focused on achieving company targets.
LONDON, Dec 13 (Reuters) - British Prime Minister Theresa May said that branch closures announced by the Royal Bank of Scotland were a commercial matter for the bank, after she was asked to intervene to halt the closures.
Doug Jones' victory in Alabama means that Democrats are only two seats away from the majority. While a Democratic move into the majority still looks like a long shot, it's now not out of the question. CNN's Tom Foreman explains.
SAO PAULO, Dec 12 (Reuters) - Brazilian telecommunications company Oi SA filed late on Tuesday a new restructuring plan with the Rio de Janeiro court sweetening the terms for bondholders and government credits in a push to get approval in a key creditors meeting on Dec. 19.
WASHINGTON (Reuters) - Crucial details of the Republican tax plan, including the proposed corporate rate, were in flux late on Tuesday as negotiators from the U.S. Congress rushed to finalize the plan ahead of a self-imposed Wednesday deadline.
Dec 12 (Reuters) - Helios and Matheson Analytics Inc said on Tuesday it would sell shares to raise funds to increase its stake in online ticketing service MoviePass, sending Helios' shares plunging 22 percent aftermarket.
SAO PAULO, Dec 12 (Reuters) - Shares in Brazilian homebuilder MRV Engenharia e ParticipaÃ§Ãµes SA shot up more than 5 percent on Tuesday as executives unveiled plans to start construction on 50,000 new home units in 2018, which could generate more than 7 billion reais ($2.1 billion) in sales.
OTTAWA, Dec 12 (Reuters) - Canada said on Tuesday it was scrapping the planned purchase of 18 Boeing Co Super Hornet jets and made clear the U.S. company currently has little chance of winning a larger contract for 88 fighters.
OTTAWA, Dec 12 (Reuters) - Canada on Tuesday announced it was scrapping the planned purchase of 18 Boeing Co Super Hornet jets and made clear the U.S. company currently has little chance of winning a larger contract for 88 fighters.
BERLIN (Reuters) - A German soldier was charged on Tuesday with plotting to kill senior politicians because of their support for refugees and trying to make it look like asylum seekers carried out the murders.
Dec 12 (Reuters) - Activist investor Land and Buildings on Tuesday reiterated that Canadian department store operator Hudson's Bay Co's real estate assets were worth substantially more than the company's current market valuation.
DAMMAM, Saudi Arabia, Dec 12 (Reuters) - Saudi Aramco plans to raise its spending to $414 billion over the next 10 years, including on infrastructure and drilling, as the state oil giant moves into new businesses, executives said.
INGOLSTADT, Germany (Reuters) - Germany's Audi has abandoned plans to sell its Italian motorcycle brand Ducati, its chief executive Rupert Stadler said, in a sign of confidence that the carmaker expects to be able to carry the costs of its transformation.
OSLO, Dec 12 (Reuters) - Norway's $1 trillion sovereign wealth fund, the world's largest, will probably win backing from parliament for its proposal to cut most oil and gas stocks from its portfolio, business daily Dagens Naeringsliv reported on Tuesday.
MOSCOW (Reuters) - Former militants from "bandit units" in Syria are now a real threat after the defeat of Islamic State, as many of them may be now planning to return to Russia, the RIA news agency cited the head of Russia's FSB security service as saying on Tuesday.
Dec 12 (Reuters) - Blackstone Group LP's real estate fund is taking a 10 percent stake in European warehouse firm Logicor Ltd , the Financial Times reported on Tuesday citing people briefed on the matter.
DUBAI (Reuters) - Saudi Arabia's main sovereign wealth fund said it planned to enter the cinema business with major U.S.-based movie exhibition company AMC Entertainment Holdings, as the conservative kingdom lifts a 35-year-old ban on cinemas.
In January 1973, George Lucas wrote his first treatment for "Star Wars." Words did not come easily to the director, who always considered himself more a filmmaker than a screenwriter, but the universe in his mind was already bulging at the seams.
HONG KONG/SHANGHAI, Dec 11 (Reuters) - Chinese tech giant Tencent Holdings Ltd plans to buy a 5 percent stake in Yonghui Superstores Co Ltd, the department store operator said on Monday, in the latest push by China's internet giants into offline retail.
NEW YORK (Reuters) - A Bangladeshi man with a homemade bomb strapped to his body set off an explosion at a New York commuter hub during rush hour on Monday morning, wounding himself and three others in what New York Mayor Bill de Blasio called an attempted terrorist attack.
BOSTON, Dec 11 (Reuters) - Investment firm Angelo, Gordon is promoting two senior executives to co-chief investment officers to work alongside the firm's co-founder, Michael Gordon, as the firm prepares for an eventual generational change.
WASHINGTON (Reuters) - A company promoting a plan for the United States and Russia to jointly build nuclear reactors in the Middle East denied in a letter made public on Monday that its director received an Inauguration Day text message from incoming national security adviser Michael Flynn saying the project was "good to go."
DAKAR, Dec 11 (Reuters) - Mining companies in Democratic Republic of Congo said on Monday that proposed changes to the mining code adopted by the lower house of parliament last week would do lasting damage to investment in Africa's top copper producer.
PARIS, Dec 11 (Reuters) - Airbus is exploring plans to cut A380 superjumbo production to as low as six aircraft per year as it battles to make the world's largest airliner commercially viable beyond the end of the decade, industry sources said.
* HEALTHCARE REALTY TRUST- ON DEC 11, 2017, CO EXPECTS TO COMPLETE SALE OF $300 MILLION AGGREGATE PRINCIPAL AMOUNT OF CO'S 3.625% SENIOR NOTES DUE 2028 Source text: (http://bit.ly/2jvF1sM) Further company coverage:
LONDON (Reuters) - Uber's [UBER.UL] appeal against the loss of its London license should begin on Apr. 30 for five days but might be delayed until June, a British judge said on Monday at a preliminary hearing.
LONDON, Dec 11 (Reuters) - Uber's appeal against the loss of its London licence should begin on Apr. 30 for five days but might be delayed until June, a British judge said on Monday at a preliminary hearing.
BEIJING (Reuters) - Eight northern Chinese cities failed to meet air quality targets in October and November, even as local authorities launched rigorous steps to cut emissions during the winter, the government said on Monday.
TOKYO, Dec 11 (Reuters) - Japanese stocks struggled for traction on Monday as gains in financial shares were offset by drops in real estate and construction companies, with Obayashi Corp diving more than 8 percent.
NEW YORK (Reuters) - Ascension Health and Providence St. Joseph Health are in talks about a merger between the two Catholic non-profits that would create the largest U.S. hospital chain, the Wall Street Journal reported on Sunday, citing people familiar with the discussions.
NEW YORK, Dec 10 (Reuters) - Ascension Health and Providence St. Joseph Health are in talks about a merger between the two Catholic non-profits that would create the largest U.S. hospital chain, the Wall Street Journal reported on Sunday, citing people familiar with the discussions.
NEW YORK (Reuters) - Ascension Health and Providence St. Joseph Health are in discussions about a merger that would create the largest hospital chain in the United States, the Wall Street Journal reported on Sunday, citing people familiar with the situation.
NEW YORK, Dec 10 (Reuters) - Ascension Health and Providence St. Joseph Health are in discussions about a merger that would create the largest hospital chain in the United States, the Wall Street Journal reported on Sunday, citing people familiar with the situation.
CAIRO (Reuters) - Egypt will sign contracts with Moscow during Russian President Vladimir Putin's visit to Cairo on Monday for the country's first nuclear power plant, three senior sources told Reuters on Sunday.
ZURICH, Dec 9 (Reuters) - Swiss plane maker Pilatus's development costs of "well over 500 million Swiss francs" ($504 million) far exceeded the original budget for the company's first business jet, Chairman Oscar Schwenk told the Neue Zuercher Zeitung in an article published on Saturday.
SAN ANTONIO (Reuters) - A retired Catholic priest convicted of murdering a former beauty queen who came to him for confession was sentenced to life in prison by a jury in south Texas on Friday, local media reported, ending a cold case that has troubled the community for nearly 60 years.
Republican Sen. Susan Collins of Maine says she's considering removing her support from GOP tax plans, saying in an interview she could change her vote if her proposed amendments don't make it in the final version.
Confirming the warnings and worst fears of progressives, House Speaker Paul Ryan made it plain this week: the ultimate aim of Republican lawmakers -- and their number one priority in January -- is to shrink the Medicare program that provides health insurance to the elderly and disabled.
NEW YORK (Reuters) - Investors looking for the U.S. Republican tax bill to prompt multinational companies to convert foreign profits into dollars and end the worst slide in the greenback in a decade may have to temper their hopes for a prolonged rebound.
LONDON (Reuters) - London's financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU.
LONDON (Reuters) - Lloyd's of London [SOLYD.UL] will press ahead with plans to establish a foothold in the European Union regardless of progress in EU divorce talks that industry groups said was welcome but did little to dispel uncertainty.
LONDON, Dec 8 (Reuters) - The chief executive of UK insurance market Lloyd's of London said she was pleased about the progress of talks about Britain's exit from the European Union but was nonetheless pressing ahead with plans for a subsidiary in Brussels.
JAKARTA/KUALA LUMPUR (Reuters) - Thousands of protesters in Muslim-majority Indonesia and Malaysia joined rallies on Friday to condemn Washington's decision to recognize Jerusalem as Israel's capital, as authorities tightened security outside U.S. embassies.
TOKYO (Reuters) - Japanese Industrial Standards (JIS) certification for copper and copper alloy seamless pipes produced by Kobe Steel Ltd's unit Shinko Metal Products has been suspended, the nation's trade ministry said on Friday.
TOKYO, Dec 8 (Reuters) - Japanese stocks rose on Friday on gains for most sectors after Wall Street climbed overnight, while Japan Display jumped on hopes that Apple may use liquid crystal technology on one of its new smartphones.
SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marveled at the meteoric ascent of the market's new crypto-star, bitcoin.
SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marvelled at the meteoric ascent of the market's new crypto-star, bitcoin.
TOKYO, Dec 8 (Reuters) - Japanese stocks rose on Friday morning on gains for most sectors after Wall Street climbed overnight, while Japan Display jumped on hopes that Apple may use liquid crystal technology on one of its new smartphones.
Dec 7 (Reuters) - Tyson Foods, the largest U.S. meat processor, said on Thursday it slightly raised its stake in plant-based protein maker Beyond Meat as it looks to tap growing demand for alternative sources of protein.
BRIEF-Royal Caribbean Cruises Entered Into Agreement To Amend And Restate Current $1.4 Bln Unsecured Revolving Credit Facility
* ROYAL CARIBBEAN CRUISES LTD - ON DECEMBER 4, ENTERED INTO AN AGREEMENT TO AMEND AND RESTATE CURRENT $1.4 BILLION UNSECURED REVOLVING CREDIT FACILITY Source: (http://bit.ly/2jskPEL) Further company coverage:
Midterm elections -- like the one coming up in 2018 -- are all about turning out base voters. Why? History tells us that only the most stalwart partisans turn out when the presidential race isn't on the ballot. So if your side wants to pick up House and Senate seats in a non-presidential election, you need to find ways to excite its most committed members.
CHARLESTON, S.C. (Reuters) - The white former policeman caught on video shooting an unarmed black man in the back after a 2015 traffic stop in South Carolina was sentenced on Thursday to 20 years in prison, with a federal judge ruling that the killing amounted to murder.
JERUSALEM/GAZA (Reuters) - The Islamist group Hamas urged Palestinians on Thursday to abandon peace efforts and launch a new uprising against Israel in response to U.S. President Donald Trump's recognition of Jerusalem as its capital.
WASHINGTON (Reuters) - A new chairman was sworn in on Thursday at the Federal Energy Regulatory Commission who will lead the agency as it considers a directive from the administration of U.S. President Donald Trump to subsidize ailing coal and nuclear power plants.
PRAGUE (Reuters) - Czech airline Travel Service said on Thursday it had signed an order for nine additional Boeing 737 MAX planes for its fleet in November, increasing its total order book for the model to 39 planes.
PRAGUE, Dec 7 (Reuters) - Czech airline Travel Service said on Thursday it had signed an order for nine additional Boeing 737 MAX planes for its fleet in November, increasing its total order book for the model to 39 planes.
JERUSALEM/GAZA (Reuters) - The Islamist group Hamas urged Palestinians on Thursday to abandon peace efforts and launch a new uprising against Israel in response to U.S. President Donald Trump's recognition of Jerusalem as its capital.
PARIS, Dec 7 (Reuters) - Qatar on Thursday agreed to buy 12 additional Dassault Aviation-made Rafale fighters with an option for 36 more, and said it would buy 50 Airbus a321neo planes with an option for a further 30, according to a document sent to Reuters.
LAUNCESTON, Australia, Dec 7 (Reuters) - A proposed three-way deal between the Indonesian government, Rio Tinto and Freeport-McMoRan to clean up the ownership of the giant Grasberg copper-gold mine looks like one of those rare situations where everybody wins.
TOKYO, Dec 7 (Reuters) - U.S. private equity firm Bain Capital has garnered nearly 90 percent of Japanese advertising agency Asatsu-DK Inc's (ADK) shares in a tender offer that closed on Wednesday, the Nikkei business daily reported.
DETROIT (Reuters) - A U.S.-based Volkswagen AG executive who oversaw emissions issues was sentenced to seven years in prison and fined $400,000 by a judge on Wednesday for his role in a diesel emissions scandal that has cost the German automaker as much as $30 billion.
DETROIT, Dec 6 (Reuters) - A U.S.-based Volkswagen AG executive who oversaw emissions issues was sentenced to seven years in prison and fined $400,000 by a judge on Wednesday for his role in a diesel emissions scandal that has cost the German automaker as much as $30 billion.
Dec 6 (Reuters) - U.S. defense contractor Northrop Grumman Corp said on Wednesday it received a second request from U.S. antitrust regulators for more information about its deal to buy Orbital ATK Inc.
CHIVILCOY, Argentina (Reuters) - Juan Graneros does not remember the last time he saw rain fall on the soy and corn fields he leases in Argentina's bread-basket province of Buenos Aires, and he and fellow farmers are starting to doubt they can recover investments made in this year's crops.
MEXICO CITY (Reuters) - An opposition alliance in Mexico wants to launch a universal basic wage to combat the poverty that blights the lives of almost half the population, touting an experimental reform discussed globally as a solution to job losses from automation.
Dec 6 (Reuters) - Home Depot Inc announced a $15 billion share buyback plan on Wednesday and said it would invest in improving its stores to hit a $120 billion annual sales target in the next three years.
WASHINGTON (Reuters) - Bank examiners can continue working inside the banks they supervise, U.S. Comptroller of the Currency Joseph Otting said on Wednesday, in a policy reversal for the U.S. banking regulator.
WASHINGTON (Reuters) - As President Donald Trump delivered his inaugural address on Capitol Hill in January, his incoming national security adviser Michael Flynn, sitting a few yards away, texted a former business partner that a nuclear power project that would require lifting sanctions on Russia was "good to go," a senior House Democrat said in a letter released on Wednesday.
Trump voters in Michigan and Kentucky talk to CNN's Poppy Harlow about the Republican tax plan. While some are a bit skeptical, most enthusiastically support the policy that is largely targeted at corporate cuts.
SAO PAULO, Dec 6 (Reuters) - Auto sales in Brazil are likely to beat prior forecasts and accelerate next year, national automakers association Anfavea said on Wednesday, underscoring the gathering strength of a recovery in Latin America's largest economy.
FRANKFURT, Dec 6 (Reuters) - Buyout group Ardian has received binding bids for its stake in Fives, which may value the French engineering group at about 1.5 billion euros ($1.8 billion), people close to the matter said.
For avid skiers and snowboarders, it's the most wonderful time of year -- the winter ski season has officially begun. But it's not just vacationers and action sports buffs hitting mountains across the country.
The lobbying bonanza has officially kicked into high gear. Name the industry or interest group and they've been on the Hill the last 48 hours to try and persuade, defend or outright defeat various provisions in a tax overhaul that all involved see as a train that's not only moving, but almost to its final destination.
OTTAWA, Dec 5 (Reuters) - Canada is scrapping a plan to buy 18 Boeing Co Super Hornet fighter jets amid a deepening dispute with the U.S. aerospace company, three sources familiar with the matter said on Tuesday.
SHANGHAI (Reuters) - The smog-prone northern Chinese province of Hebei has drawn up plans to launch a comprehensive environmental protection tax starting in the new year that will give more incentives for local polluters to clean up, it said on Wednesday.
WASHINGTON, Dec 5 (Reuters) - The U.S. government has filed a complaint aimed at stopping chemical maker Tronox Ltd from purchasing Cristal's titanium dioxide business, the Federal Trade Commission said.
(Reuters) - Toys 'R' Us won court approval on Tuesday for plan to pay top executives up to $21 million in bonuses by arguing that the money will incentivize them to boost the bankrupt retailer's sales during the critical year-end shopping season.