Money

Benefit of Trump tax cuts overshadowed by technology and misplaced policies: Milken conference speakers

LOS ANGELES (Reuters) – The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back “animal spirits” that encourage risk-taking throughout corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday.  Michael Corbat, CEO of Citigroup, speaks…

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News

Exclusive: U.S. Treasury meets business groups on Chinese investment bill – sources

WASHINGTON (Reuters) – U.S. Treasury officials are meeting with about 10 industry groups on Monday to discuss the latest draft of legislation that would tighten scrutiny of foreign investment in order to limit Chinese efforts to acquire sophisticated U.S. technology, three sources familiar with the meeting said. FILE PHOTO: U.S. Treasury Secretary…

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