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Tax Law Doesn’t Pay for Itself, Harvard Economists Find

Tax Law Doesn’t Pay for Itself, Harvard Economists Find

The recent changes to the U.S. tax law will increase economic growth modestly but not fast enough to pay for themselves, according to a new estimate from a pair of economists from different sides of the political spectrum.

Published 5 months ago

Health insurer Cigna to buy Express Scripts in $67bn deal

Health insurer Cigna to buy Express Scripts in $67bn deal

US health insurer Cigna has announced plans to buy pharmacy benefits manager Express Scripts in a $67bn deal, including debt, marking the latest tie-up in the sector.

Published 1 second ago

Russian Trolls Tried to Torpedo Mitt Romney’s Shot at Secretary of State

Russian Trolls Tried to Torpedo Mitt Romney’s Shot at Secretary of State

Weeks after Donald Trump was elected president, Russia-backed online “trolls” flooded social media to try to block Mitt Romney from securing a top job in the incoming administration, a Wall Street Journal analysis shows.

Published 5 months ago

Rejections Pile Up for Chinese Firms Seeking Listings at Home

Rejections Pile Up for Chinese Firms Seeking Listings at Home

Chinese companies trying to list shares on China’s stock exchanges are hitting a roadblock, as regulators tighten approvals, rejecting applications in droves.

Published 5 months ago

The Fight to Overhaul JFK Airport

The Fight to Overhaul JFK Airport

A fierce competition between airlines, private equity, developers and terminal operators is nearing its climax as the Port Authority of New York and New Jersey advances a $10 billion plan to overhaul John F. Kennedy International Airport.

Published 5 months ago

Free Credit Freezes Coming for All U.S. Consumers

Free Credit Freezes Coming for All U.S. Consumers

Consumers are on track to get one thing from Congress in response to last year’s massive Equifax hack: free freezes of their data held by the credit-reporting companies.

Published 5 months ago

Turkey Flexes Muscles as Soft Power Melts Away

Turkey Flexes Muscles as Soft Power Melts Away

The Turkish army’s gains in Syria and the cancellation of Turkish TV drama broadcasts across the Arab world highlight Turkey’s transformation at a key moment in President Recep Tayyip Erdogan’s 15-year rule.

Published 5 months ago

Trade Pact Sets Sail Without Its Biggest Pacific Power

Trade Pact Sets Sail Without Its Biggest Pacific Power

Japan, Canada, Mexico and eight other Pacific nations are set to sign a new version of the Trans-Pacific Partnership that aims to put pressure on China’s economy and leave the door open for the U.S. to eventually rejoin.

Published 5 months ago

Hundreds of European stocks barred from dark pools

Hundreds of European stocks barred from dark pools

Temporary ban on companies expected to hit London the hardest amid new Mifid rules

Published 1 second ago

Italy’s inconclusive election puts president centre stage

Italy’s inconclusive election puts president centre stage

Sergio Mattarella lets result ‘decant’ before talks with parties on who best can form a government

Published 1 second ago

Millennial women in finance still face harassment

Millennial women in finance still face harassment

Workers reveal being discriminated against and demeaned, though misconduct is less overt

Published 1 second ago

Gretchen Carlson is on a mission to end culture of secret deals

Gretchen Carlson is on a mission to end culture of secret deals

Fox News whistleblower wants to limit closed arbitration that stops women speaking out on sexual harassment

Published 1 second ago