Monthly Archive: December 2017

Summary: Here’s What’s in the Final House-Senate Tax Bill

Here’s What’s in the Final House-Senate Tax Bill. By Laura Davison, Allyson Versprille and Kaustuv Basu with Sarah Babbage

United Tech to Break Itself Into Three Companies
The industrial conglomerate has decided to separate itself into three independent companies, breaking apart one of America’s last industrial conglomerates.
Trump Tells GM to Open Ohio Plant and Stop Output in China
General Motors plans to cut up to 14,800 jobs and end production at certain plants, marking the auto maker’s first significant downsizing since bankruptcy as it tries to adjust to lower demand for passenger cars. President Trump said GM should stop making cars in China and make them in the U.S. instead, in an exclusive […]
Airbnb Hires New CFO From Amazon
Airbnb has hired another executive from Amazon.com, this time naming Dave Stephenson as chief financial officer of the vacation-rental portal ahead of its potential public offering.
Second-Tier Cities Boast First-Rate Job Figures
Amazon.com Inc.’s decision to locate new headquarters in the New York and Washington regions highlighted an ongoing shift of economic might toward big coastal power cities. But second-tier cities are thriving, and by some measures they are doing even better than their bigger rivals.
GE Bonds Rebound as Bargain Hunters Swoop In
General Electric bonds rebounded sharply in recent days, easing some of the losses debt investors have taken as doubts about the conglomerate’s financial stability spread through financial markets.