Tag: James Langford

Lululemon will post a "significant" charge for the three months through December because of the Republican plan's "deemed repatriation" provision, according to a statement. (AP Photo/Steven Senne)

Lululemon predicts short-term pain, long-term gains from tax bill

James Langford · January 8, 2018 8:12 pm

President Trump signed the GOP's $1.5 trillion tax cut bill on Dec. 22. The new law lets firms bring overseas earnings back to the U.S. without a penalty once they pay a one-time levy and reduces the top tax rate to 21 percent. (Mike Theiler/Pool via Bloomberg)

Cash windfall from Trump’s tax law may fuel corporate dealmaking boom

James Langford · January 7, 2018 5:08 am

Macy's announced Thursday that it would close 11 more stores as part of a plan announced two years ago to eliminate 100 of its branches to ensure it held the most competitive mix of digital and physical stores. The retailer has yet to identify 19 of them. (AP Photo/Damian Dovarganes, file)

Tax bill tantalizes store clerks after holiday hiring boom fades

James Langford · January 5, 2018 7:03 pm

The Dow Jones industrial average past 25,000 on Thursday. The biggest gainer was corporate technology provider IBM, which rose 2.2 percent to $161.93. (AP Photo/Mark Lennihan)

Dow Jones index tops record 25,000 with a push from lenders, tech firms

James Langford · January 4, 2018 7:00 pm

The Federal Reserve's monetary policy committee approved a 25 basis-point interest rate hike in December. In the midst of this, the KBW Bank Index rose 0.5 percent in New York trading on Wednesday, the largest gain since passage of Republican tax reform. (AP Photo/Pablo Martinez Monsivais, File)

US bank stocks rise as Fed reinforces rate-hike projections

James Langford · January 3, 2018 10:57 pm