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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

GOP tax reform: Top year-end tips for taxpayers

Mon, Dec 18, 2017

While the GOP works on passing a finalized tax reform bill, uncertainties about the future of legislation have raised concerns among taxpayers who are trying to plan ahead for 2018....

Oil rises on North Sea pipeline outage, lower U.S. rig count

Mon, Dec 18, 2017

Oil prices rose on Monday amid an ongoing North Sea pipeline outage and signs that booming U.S. crude output growth may be slowing....

Snowfall forces Frankfurt airport to cancel 170 flights

Mon, Dec 18, 2017

Germany's biggest airport is canceling 170 flights because of snowfall, though forecasters predict the weather will improve over the course of the day....

Nestle sells off tea brands in North America

Mon, Dec 18, 2017

Nestle has sold its sold two of its tea brands in North America as the world's biggest food maker presses ahead with reshaping its business to focus on new consumer trends and healthcare....

U.S. taxpayers rush to claim deductions under threat from tax bill

Mon, Dec 18, 2017

Financial advisers and accountants are working overtime as many U.S. taxpayers scramble to pay the rest of their 2017 taxes before Jan. 1 when the proposed Republican tax overhaul would sharply cut the amount they can deduct on federal tax bills....

Asian markets mostly higher on upbeat Japan trade data

Mon, Dec 18, 2017

Share prices were mostly higher in Asia on Monday, lifted by robust trade data from Japan that suggest a sustained recovery in demand in China and other major markets....

Oracle to buy Australia's Aconex for $1.19 billion

Mon, Dec 18, 2017

Australia's Aconex said on Monday it had received a A$1.56 billion ($1.2 billion), or A$7.80 in cash-per-share, buyout offer from software major Oracle....

Toyota to make over 10 battery EV models globally in early 2020s

Mon, Dec 18, 2017

Toyota Motor will make more than 10 battery electric car models globally in the early 2020s, with sales starting in China, the company said on Monday....

Bitcoin hits bigger stage as exchange giant CME launches futures

Mon, Dec 18, 2017

Bitcoin futures received a lukewarm reception at its launch on the CME Group Inc on Sunday, although market experts believe a recent rally in the cryptocurrency has further to go....

Officials say electricity has been restored to the atrium and several concourses at Atlanta's international airport

Mon, Dec 18, 2017

Officials say electricity has been restored to the atrium and several concourses at Atlanta's international airport....