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Jumat, 15 Desember 2017

FINANCE INSIDER: Tax cuts, net neutrality and Tesla

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December 15, 2017

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.

Republicans are expected to release the final version of their massive tax bill on Friday, setting up a frantic stretch to pass the plan through Congress next week.

The bill will be a compromise between the House and Senate versions of the Tax Cuts and Jobs Act, assembled by Republican members mostly from both chambers' tax-writing committees. The text of the legislation will be released around 5:30 p.m. ET, House Ways and Means Committee Chair Kevin Brady said. Here's what to expect

In related news, JPMorgan's quant guru says traders are waiting for tax cuts to unleash more stock market gains.

The repercussions of Disney's industry changing deal to buy $66 billion worth of 21st Century Fox's assets are still emerging. Here's our latest:

Elsewhere in deal news, a photo from the CEO of Goldman Sachs is fueling Twitter takeover chatter.

Tech executives from Sheryl Sandberg to Microsoft's Brad Smith spoke out Thursday to decry the Federal Communications Commission's vote to kill net neutralityThe move by the FCC eliminates rules designed to stop broadband providers like Comcast and Verizon from charging customers more for access to certain sites, blocking or slowing down competitors' content, and charging for internet "fast lanes."

Here's how some of the top tech companies and industry executives reacted to Thursday's vote.

Lastly, Tesla is opening a new showroom in one of NYC's trendiest neighborhoods — take a look inside.

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