A lot of U.S. companies may find themselves with new suitors if Congress gets its way. In recent years, many U.S. corporations have tried to slash their tax bill by shedding their American citizenship and acquiring foreign companies. But tax reform now being debated in D.C. may create an opposite situation, giving foreign companies incentive to buy up U.S. firms, according to tax experts and mergers and acquisitions advisors. Much of the debate over the House tax plan has focused on the border a

MississippiAverage in-state tuition and fees: $7,410Five-year change: 23 percentAverage out-of-state tuition and fees: $20,2609. AlaskaAverage in-state tuition and fees: $7,130Five-year change: 23 percentAverage out-of-state tuition and fees: $21,8007. IdahoAverage in-state tuition and fees: $7,010Five-year change: 16 percentAverage out-of-state tuition and fees: $21,2506. FloridaAverage in-state tuition and fees: $6,360Five-year change: 6 percentAverage out-of-state tuition and fees: $21,5701.

Tesla is the most valuable US automaker 21 Hours Ago | 00:41Tesla’s market capitalization is now bigger than General Motors’, making it the largest U.S. based automaker by that metric. General Motors sold about 10 million cars in 2016 compared with Tesla’s roughly 76,000. Even before Monday’s surge, when Tesla overtook Ford in market cap on April 3, some were saying Tesla was overvalued. These include a car-sharing business with a value Jonas estimates at around $10 trillion, a $1 trillion logis

The Taiwan Plastics index, comprised of 23 plastics manufacturer stocks, is tightly correlated to the Philadelphia Semiconductor Sector index, or the SOX; both indexes’ components are heavily related to semiconductor manufacturing. Three stocks in particular weigh heavily on the Taiwanese index — Formosa Plastics, Nan Ya Plastics and Formosa Chemicals & Fibre. For example, early last year, the plastics index began rallying while the semiconductor stocks declined. The plastics index has begun to

If the capital markets had to be characterized by one quality this year, it would be the low level of volatility. “There’s no one resounding answer to [why we’ve seen] this low volatility,” Repetto, who covers the brokers and exchanges, said Tuesday on CNBC”s “Trading Nation.” “My explanation is that [high-frequency trading] and the growth of ETF assets are reducing volatility,” Repetto wrote in a recent research note. “To a large extent, I disagree that low volatility is being caused by ETFs,”

Cramer Remix: This utility should swallow its pride before it gets pounded 12 Hours Ago | 01:15NextEra Energy Partners’ deal to buy Oncor for $18 billion has hit a roadblock, and Jim Cramer is offering a solution: bow to the deal-blockers, also known as the Texas Industrial Energy Consumers. The group, composed of businesses that make up the largest consumers of electricity in Texas, has been holding the deal hostage to squeeze additional money out of Oncor’s acquirer. “If NextEra wants to maint

Jim Cramer rang the lightning round bell, which means he gave his take on caller favorite stocks at rapid speed:Alibaba Group Holding: “I think it goes higher. Esperion Therapeutics Inc.: “Well, that’s what people are thinking, that it is going to be a takeover. I do find it somewhat unlikely, but I do know that periodically, AstraZeneca, Novo Nordisk, Novartis, Sanofi, they all need pipelines. Peabody Energy Corporation: “This company has come out of bankruptcy, and it’s come out of bankruptcy

“Put it all together and the numbers don’t paint a very flattering picture,” Cramer said. Next Cramer looked into The Boston Beer Company, known for its Sam Adams beer brand. “The issue here is whether Boston Beer has finally bottomed,” Cramer said. “Constellation Brands has become the undisputed king of the beer space, with incredible growth that its competitors would kill for. Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram – VineQuestions, comments, suggestions for the “Mad Mone

Kohl’s has also been keeping its inventories lean, and is beginning to see its multi-billion-dollar digital technology investments pay off. Cramer lauded its move to start selling Under Armour products, saying that adding more popular brands to the racks could boost business further. “Now, it would be a lengthy, multi-year journey, but I have to tell you, with Wal-Mart, you’ve had a bit of a sell-off. I think you’ve got to do some buying.” Mad Money Twitter – Jim Cramer Twitter – Facebook – Inst

“When you consider that there’s a big federal investigation of CAT’s tax payments, it’s really been a remarkable run for the big Peoria manufacturer,” Cramer said. “You don’t find tech companies doing that anymore,” Cramer said. In Cramer’s view, it is worth turning to the less dramatic names for steady gains before the next shake-up. Call Cramer: 1-800-743-CNBCWant to take a deep dive into Cramer’s world? Mad Money Twitter – Jim Cramer Twitter – Facebook – Instagram – VineQuestions, comments, s

When a United passenger was dragged from his seat aboard a flight Sunday evening because the Kentucky-bound trip was overbooked, a video shot by a fellow passenger quickly went viral. United Continental Chief Executive Oscar Munoz issued a statement Monday afternoon, saying: “This is an upsetting event to all of us here at United. And for many individuals, the word “re-accommodate” in Munoz’s apology stuck out more than the rest. “Munoz has shown himself to be a smart, dedicated, and excellent l

Wells Fargo board takes further action against Stumpf and Tolstedt Monday, 10 Apr 2017 | 7:32 AM ET | 02:34A high-level investigation into the fake accounts scandal at Wells Fargo blamed a “sales-oriented culture or a decentralized corporate structure” that “unfortunately coalesced and failed dramatically,” resulting in one of the worst banking controversies in years. To assist the special committee, the group retained law firm Shearman & Sterling. “It was convenient instead to blame the problem

Wells Fargo CEO: This chapter is not over for us 14 Hours Ago | 03:47The board report and executive compensation clawbacks aren’t the end of the story on the accounting scandal for Wells Fargo, its CEO told CNBC on Monday. Wells Fargo announced Monday it was taking back $75 million from former CEO John Stumpf and ex-community bank unit head Carrie Tolstedt because of the bank’s cross-selling practices that resulted in 2 million fake accounts being created. “We have much more work to do in terms

Robert Bentley resigned Monday and pleaded guilty to two misdemeanor charges. Jail records show Bentley has been booked on two misdemeanor charges and was processed on two campaign and ethics charges Monday afternoon. Alabama’s Ethics Commission last week found probable cause that Bentley violated state ethics laws with his handling of an alleged affair and referred the case to prosecutors. The investigative report contained text messages that the governor sent to Mason. The Alabama Ethics Commi

A video posted to Facebook Sunday evening showed what is becoming another public relations nightmare for United Airlines, which is owned by United Continental Holdings. One unnamed passenger boarded a United flight at Chicago’s O’Hare International Airport, headed to Louisville, not knowing he was about to be forced to leave a plane that was overbooked. After the man refuses, he was eventually dragged by his arms and screaming toward the front of the plane. A witness to the debacle said passenge

Hip-hop is more than just a music genre. For some it’s a way of life, and for others it’s a source of business acumen — something which many of the world’s leading entrepreneurs, including Dr. Dre, Jay Z and Nas, can testify. For Singapore’s godfather of hip-hop Sheikh Haikel, the world of rap has also taught him a few basic principles for career success. The 41-year old calls himself one of Asia’s first rappers after co-founding the group Construction Sight in the early 90s, which helped push h

The stock market has gotten expensive and investors need to be careful, experts told CNBC on Monday. Stocks ran up after President Donald Trump’s victory in November, but have been trading in a narrow range recently. Trader Kenny Polcari, director at O’Neil Securities, said stocks have been resilient lately but may be headed for a correction. If you look back the last four or five years, after tax day the market kind of pulls itself back, corrects a little bit, churns before it starts to move ag

ET release of the Job Openings and Labor Turnover survey, which looks at hires, job openings and quit rates. “I think the household survey in Friday’s jobs report gave you all you need to know on the labor market now. Markets were extremely quiet Monday, with the lowest stock market volume of the year and exceptionally light trading in bonds. Bonds were also higher with stocks Monday, and Treasury yields, which move opposite prices, were slightly lower. Last week, the Fed revealed that it could

The Federal Reserve’s plans to raise U.S. interest rates gradually are aimed at sustaining full employment and near-2-percent inflation without letting the economy overheat, Fed Chair Janet Yellen said on Monday. “I think we have a healthy economy now,” Yellen said at an event at the University of Michigan’s Ford School of Public Policy in Ann Arbor. Unemployment, at 4.5 percent, is now a little bit below the jobless rate that most Fed officials think signals full employment, and inflation is “r

Morgan Stanley says a 30% surge in stocks could be ahead 18 Hours Ago | 00:48Morgan Stanley has a new chief U.S. equity strategist in town, and he’s uber-bullish on stocks in 2017. “The end of the cycle is often the best,” he added. In a low-return world, investors cannot afford to miss it.” Wilson has laid out a “bull case” for stocks that calls for the S&P 500 index to reach 3,000 points within 12 months, representing a gain of almost 30 percent. His “base case” scenario calls for gains of nea