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President Trump signed the GOP's $1.5 trillion tax cut bill on Dec. 22. The new law lets firms bring overseas earnings back to the U.S. without a penalty once they pay a one-time levy and reduces the top tax rate to 21 percent. (Mike Theiler/Pool via Bloomberg)
Business

Cash windfall from Trump’s tax law may fuel corporate dealmaking boom

James Langford -
0
Macy's announced Thursday that it would close 11 more stores as part of a plan announced two years ago to eliminate 100 of its branches to ensure it held the most competitive mix of digital and physical stores. The retailer has yet to identify 19 of them. (AP Photo/Damian Dovarganes, file)
Business

Tax bill tantalizes store clerks after holiday hiring boom fades

James Langford -
0
Under current Supreme Court precedent, many online retailers are not required to collect sales taxes where they have no physical presence in a state. (iStock Photo)
Beltway Confidential

While Congress reformed taxes, online state sales taxes are still a huge mess

Joseph Bishop-Henchman -
0
Business

Rob Bishop invites Patagonia owner to testify before Congress on monuments rollback

Josh Siegel -
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The transaction would be valued at $66 billion.
Beltway Confidential

CVS, Aetna, and R.E.M.: It’s the end of the (healthcare) world as we know it

Kevin Campbell -
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The Wall Street Journal on Sunday described the acquisition of Aetna, one of the biggest health insurance companies in the U.S.,
Economy

CVS buys Aetna in massive $69 billion move: Report

Eddie Scarry -
0
According to a report, the CVS-Aetna deal could be announced as early as Monday, but that it also was still possible it might fall apart. (AP Photo/Gene J. Puskar)
Business

CVS closer to buying Aetna for $66 billion: Report

Kimberly Leonard -
0
As Black Friday begins on Wednesday at some stores, and spills over into Saturday, and probably Sunday and maybe Monday, it has become its own mini-season. It's the season in which you buy
Beltway Confidential

‘Black Friday’ isn’t Christmas, and that’s good

Timothy P. Carney -
0
The Riverchase Galleria near Birmingham planned to remain open until midnight ahead of the popular Black Friday shopping day. But a fight involving at least two women forced the mall to close early at 11:20 p.m. (Image courtesy screenshot)
News

Black Friday fight in Alabama causes mall to close early

Steven Nelson -
0
Staff at a department store in Cape Town appeared to unlock the doors before an impatient mass of people streamed in, breaking the glass. (Image courtesy screenshot)
News

Black Friday madness goes global when shoppers in South Africa shatter glass in department store surge

Steven Nelson -
0
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