Shares in Deutsche Bank fell more than 1 percent in early trading on reports that the U.S. Federal Reserve is investigating the German lender's role in a money laundering scheme.
Comcast continues to lose its U.S. cable customers, but it racked up more internet subscribers and got a revenue boost from Sky, its big bet on European TV.
Tesla is reducing production of Model S sedans and Model X crossovers, adding to concerns about demand for the electric-car maker’s higher-priced and more profitable vehicles. The shares dropped on the news.
Increasing the top tax rate should be done in tandem with closing loopholes to include more income in the definition of taxable income, writes William G. Gale, a senior fellow at the Brookings Institution.
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