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Tax Overhaul Faces Major Hurdles

Tax Overhaul Faces Major Hurdles

A House committee began considering a bill Monday that would reduce taxes by $1.4 trillion over 10 years, but disagreements over key pieces of the measure could force the GOP to make changes and slow down plans to pass it by year’s end.

Published 7 months ago

U.S. Military Failed to Send Texas Gunman’s Conviction Record to FBI

U.S. Military Failed to Send Texas Gunman’s Conviction Record to FBI

The U.S. military failed to submit the conviction record of Texas church gunman Devin Patrick Kelley to the Federal Bureau of Investigation following a 2013 court-martial conviction, a lapse that could explain why Kelley was allowed to purchase guns in more recent years.

Published 7 months ago

For Investors, Saudi Crackdown Sparks Hope, Risks Uncertainty

For Investors, Saudi Crackdown Sparks Hope, Risks Uncertainty

A far-reaching crackdown that extends into Saudi Arabia’s business elite has abruptly raised the stakes for global investors just as the kingdom embarks on a campaign to lure foreign capital to help overhaul its oil-dependent economy.

Published 7 months ago

Saudi Arabia Blames Iran for Missile Attack

Saudi Arabia Blames Iran for Missile Attack

Yemeni rebels’ missile attack on the Saudi capital could be considered an Iranian act of war, Saudi Arabia said, saying the missile was made in Iran—which denied involvement.

Published 7 months ago

Disney Held Talks to Acquire Assets of 21st Century Fox

Disney Held Talks to Acquire Assets of 21st Century Fox

Walt Disney recently held talks to buy 21st Century Fox’s cable-television networks, international distribution operations and movie and television studio, according to people close to the talks.

Published 7 months ago

In Saudi Purge, Echoes of Putin and Xi

In Saudi Purge, Echoes of Putin and Xi

By having much of Saudi Arabia’s ancien regime detained on Saturday, Crown Prince Mohammed bin Salman seems to be turning to the same playbook that the leaders of Russia and China have used, writes Yaroslav Trofimov.

Published 7 months ago

Tax Q&A: Mortgage Interest Deduction And Other Matters

Tax Q&A: Mortgage Interest Deduction And Other Matters

Readers ask questions about the House tax proposal, regarding the mortgage interest deduction, capital-gains taxes, like-kind exchanges and more.

Published 7 months ago

Coming Soon to Campus: The $100,000 Hotel Room

Coming Soon to Campus: The $100,000 Hotel Room

Texas A&M is charging alums six figures for the right to book a hotel room next to the football stadium, as universities look for extra perks to market for wealthy donors.

Published 7 months ago

Rand Paul Faces Prolonged Absence From the Senate

Rand Paul Faces Prolonged Absence From the Senate

Sen. Rand Paul faces the possibility of an extended absence from the Senate as he recovers from serious injuries that he suffered on Friday after police said he was attacked by a neighbor at his Kentucky home.

Published 7 months ago

Gunman Sent Threatening Texts to Mother-in-Law

Gunman Sent Threatening Texts to Mother-in-Law

The gunman who killed and wounded dozens of churchgoers in Texas Sunday morning had sent threatening text messages to his mother-in-law, who attended the church, law-enforcement officials said.

Published 7 months ago

Fed’s Dudley Warns Against Overly Aggressive Regulation Rollback

Fed’s Dudley Warns Against Overly Aggressive Regulation Rollback

Federal Reserve Bank of New York President William Dudley cautioned elected leaders not to go too far in rolling back of financial sector regulations that were put in place to shore up the banking sector after the financial crisis.

Published 7 months ago

Roy Price’s Alleged Trail of Drinking and Sexual Harassment Challenges Amazon’s Culture

Roy Price’s Alleged Trail of Drinking and Sexual Harassment Challenges Amazon’s Culture

Claims that go beyond previous reports simmered inside the e-commerce giant’s Hollywood unit. Some executives say the company’s policy of giving its business operations autonomy may have given Mr. Price extra leeway.

Published 7 months ago

Assignment for Trump, Xi and Putin: Stop North Korea

Assignment for Trump, Xi and Putin: Stop North Korea

President Trump will meet this week with the two other most powerful men in the world, the leaders of China and Russia. There will be much to discuss, but far and away the most important item is what to do about North Korea, writes Gerald F. Seib.

Published 7 months ago

Today in Taxes: Changes to Bill in Advance of Vote

Today in Taxes: Changes to Bill in Advance of Vote

Every day, we’ll help you keep track of what just happened and what’s next in the tax debate. Follow along by selecting “Today in Taxes.” **What Happened*

Published 7 months ago

Church Shooter Strikes at Texas Town’s Social, Spiritual Hub

Church Shooter Strikes at Texas Town’s Social, Spiritual Hub

The Texas church where Sunday’s mass shooting left at least 26 people dead and 20 others injured is the social and spiritual hub of the town of Sutherland Springs.

Published 7 months ago