Democratic contenders for the presidency are taking aim at the 20% qualified business income deduction — a tax break for "pass-through" entities, including S-corporations and sole proprietorships. Here's what that might mean for small-business owners.
U.S. stocks gained for a fourth straight session on Thursday and Wall Street's main indexes hit record highs amid growing confidence in China's efforts to contain the economic fallout from the coronavirus outbreak.
SpaceX is considering spinning off its Starlink satellite business in the next several years, creating a separate company through an initial public stock offering.
BlackRock Inc has cited both the value and costs of shareholder proposals in a long-awaited letter to regulators weighing reforms to the proxy process, effectively looking for a middle ground in a hotly contested area of U.S. rulemaking.
Tesla's stock broke records this week and is up around 82% since the beginning of the year, but investors should be cautious about putting too many eggs in one basket.
U.S. Attorney General William Barr said on Thursday the United States and its allies should consider the highly unusual step of taking a "controlling stake" in Finland's Nokia and Sweden's Ericsson to counter China-based Huawei's dominance in next-generation 5G wireless technology.
Elon Musk's SpaceX plans to list its space internet venture, Starlink, but not for several years, a company official told Reuters on Thursday.
Airbus posted its biggest January order haul in at least 15 years on Thursday as it booked a major leasing order that has been in the pipeline for several months, and carried out 31 aircraft deliveries.
Activist investor Elliott Management Corp has amassed a stake in SoftBank Group and is discussing ways it could boost the value of the Japanese conglomerate, people familiar with the matter told Reuters.
Johnson & Johnson was ordered on Thursday by a jury in a New Jersey court to pay punitive damages of $750 million to four plaintiffs who allege that the company's Baby Powder caused their cancer, according to a lawyer for the plaintiffs.
The threat from the coronavirus crisis closed in on the global auto industry on Thursday, as Fiat Chrysler Automobiles NV warned that a European plant could shut down within two to four weeks if Chinese parts suppliers cannot get back to work.
U.S. stocks gained for a fourth straight session on Thursday and Wall Street's main indexes hit record highs as concerns eased over the economic fallout from the coronavirus outbreak in China.
T-Mobile US Inc beat analysts' estimates for quarterly revenue and profit on Thursday, as the wireless carrier added more mobile phone subscribers to its monthly plans, some of which come bundled with a Netflix Inc service.
Uber Technologies Inc drew more customers to its ride-hailing and food delivery business in a boost to its fourth-quarter revenue, but high costs at Uber Eats meant Uber continues to lose money as it tries to outspend competitors.
Juul Labs Inc has raised more than $700 million in convertible debt from investors to fund its operations, a source familiar with the matter told Reuters, as the e-cigarette maker battles growing regulatory scrutiny on vaping.