Stocks

The corporate tax cuts included in the Republican tax bill — including a statutory corporate tax rate reduction to 21 percent from 35 percent, lower rates for pass-through businesses, elimination of the corporate alternative minimum tax and a tax holiday for repatriated profits — would deliver a windfall to many American companies. Those that are publicly […]

There’s competition for shoppers who want a greater variety of cheaply priced goods.

Fast-casual restaurant chain Chipotle, set up in 1993, has struggled after a number of food safety scandals. An E. coli scandal at one of its stores a couple of years ago also hit its shares. As company founder and CEO Steve Ells moves into the role of executive chairman, Chipotle is looking to shift its […]

Walmart is expected to release third quarter earnings today. Its stock has been trading lately at an all-time high. The retail giant’s biggest challenge is taking on the online retail space … and, at the same time, sustaining profits.  Click the audio player above to hear the full story. 

Chinese messaging giant Tencent has bought up about 12 percent of Snap, parent company of the disappearing messaging app Snapchat. Snap has struggled since its big IPO in March, and its shares have lost half their value, leading to the inevitable speculation that it might be ripe for an acquisition. But what is it about […]

Exxon and Chevron report earnings today. Yesterday ConocoPhillips reported income that beat analysts’ estimates. Earlier in the week oil services firm Halliburton delivered strong earnings, with revenue up 10 percent. The earnings indicate the energy industry is in a minor rebound — after years of slump. Click the audio player above to hear the full […]

One of the big names in corporate earnings news today was SoftBank, which reported that its quarterly profit rose 50 percent from a year ago. If you’ve never heard of the Japanese conglomerate, you probably have heard of Sprint. SoftBank bought a majority stake in the U.S. wireless carrier four years ago for 22 billion […]