Capitol Report: Here’s what’s next for the Senate’s tax bill
Senate Republicans are continuing debate on their tax bill with the next votes planned for Friday, as a number of issues remaining to be resolved on the sweeping measure.Source: http://www.marketwatch.com/news/story.asp?guid=%7BB12E6166-D62A-11E7-8D62-D390C6ECDC65%7D&siteid=rss&rss=1
The Wall Street Journal: TransCanada could lose Keystone permit over oil spill, South Dakota regulator says
A South Dakota state official said Thursday that a federal agency’s diagnosis of a recent leak in TransCanada Corp.’s Keystone pipeline could signal a systemic problem and could lead the state to revoke the permit that allows the company to operate the pipeline.Source: http://www.marketwatch.com/news/story.asp?guid=%7B188CE3BA-D62F-11E7-90F5-8C65DADEF131%7D&siteid=rss&rss=1
The Wall Street Journal: GM plans driverless taxis by 2019, sees huge profits down the road
General Motors Co. said the robotaxi service it is developing could potentially eclipse the profits it earns in the core automotive business within a decade, an ambitious target based on the company’s strategy of lowering its reliance on manufacturing by providing high-margin services.Source: http://www.marketwatch.com/news/story.asp?guid=%7B5A8E1D30-D62D-11E7-90F5-8C65DADEF131%7D&siteid=rss&rss=1
‘It made us look bad’: Pharma CEOs clash over Allergan patent move
Allergan Chief Executive Brent Saunders stood behind the company’s controversial deal with an American Indian tribe on Thursday, despite an investor backlash and a judge ruling against it last month.Source: http://www.marketwatch.com/news/story.asp?guid=%7B163B46C0-D629-11E7-90F5-8C65DADEF131%7D&siteid=rss&rss=1
In One Chart: The S&P 500 has put another chapter in its historic march higher
Who says 13 is an unlucky number?Source: http://www.marketwatch.com/news/story.asp?guid=%7B904EF8B8-D614-11E7-8D62-D390C6ECDC65%7D&siteid=rss&rss=1
The Wall Street Journal: Toys ‘R’ Us ripped by bankruptcy watchdog for executive-bonus plan
A proposal by bankrupt retailer Toys “R” Us Inc. to pay top executives at least $16 million in bonuses has drawn the ire of a Justice Department bankruptcy watchdog.Source: http://www.marketwatch.com/news/story.asp?guid=%7BA1273AF8-D626-11E7-90F5-8C65DADEF131%7D&siteid=rss&rss=1
Blue Apron installs new CEO as post-IPO doldrums continue
Struggling meal kit maker Blue Apron Holdings Inc. has installed former Chief Financial Officer Brad Dickerson as Chief Executive, pushing out co-founder and former CEO Matthew Salzberg, the company said Thursday.Source: http://www.marketwatch.com/news/story.asp?guid=%7B93F8E1E8-D61B-11E7-90F5-8C65DADEF131%7D&siteid=rss&rss=1
In One Chart: All of the important Dow milestones in one chart
Just over two months after hitting 22,000, the Dow Jones Industrial Average made history again on Wednesday closing above the psychologically significant level at 23,000. Here’s a look at the other 1,000-point milestonesSource: http://www.marketwatch.com/news/story.asp?guid=%7B81AAB310-CC6F-11E6-838A-BFE6BAB510E5%7D&siteid=rss&rss=1
The Wall Street Journal: SEC to change process for hiring in-house judges after legal challenge
A gambit by the Securities and Exchange Commission to bring more enforcement actions through its in-house courts has partly backfired.Source: http://www.marketwatch.com/news/story.asp?guid=%7BD2607EEE-D622-11E7-90F5-8C65DADEF131%7D&siteid=rss&rss=1
The Wall Street Journal: Erdogan ordered Turkish banks to launder Iranian money, witness says
A U.S. government witness in the trial of a prominent Turkish banker said Thursday that Turkish President Recep Tayyip Erdogan approved transactions aimed at helping Iran circumvent U.S. economic sanctions, testimony that could further strain U.S.-Turkish relations.Source: http://www.marketwatch.com/news/story.asp?guid=%7BDFF09C8A-D620-11E7-90F5-8C65DADEF131%7D&siteid=rss&rss=1
Source: http://www.marketwatch.com/