| | | Trump sets U.S. tax reform announcement, orders tax rule review | | | WASHINGTON (Reuters) - President Donald Trump on Friday promised a big announcement about tax reform next week and ordered an administration review of Obama-era tax rules written to discourage U.S. companies from relocating overseas to cut their tax bills. |
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| | | Honeywell profit beats; shares hit record high | | | (Reuters) - Honeywell International Inc said on Friday its commercial aviation after-sales business was benefiting from robust air travel, while its energy division was getting a lift from stable oil prices, sending shares to a record high. |
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| | | Oil dives, U.S. crude below $50 for first time in two weeks | | | NEW YORK (Reuters) - Oil prices tumbled more than 2 percent on Friday, on track for the biggest weekly drop in a month, on renewed concerns that increasing U.S. production and high inventories will thwart OPEC's attempts to reduce the global crude glut. |
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| | | Struggling apparel retailer Bebe to shut all stores | | | (Reuters) - Struggling apparel retailer Bebe Stores Inc said on Friday it would close all its stores by the end of May, barely a month after announcing it was exploring strategic alternatives following four years of losses. |
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