Corporate tax cuts spark real bonuses or just PR moves
After the tax cuts, AT&T Comcast and others pledged one time $1000 bonuses for 300000+ workers, with Wells Fargo and Fifth Third raising pay to $15 an hour and boosting philanthropy. Experts differ, noting possible PR benefits and limited immediate economic impact unless broad adoption occurs. Moody’s and others say investment and consumer optimism may rise, but only if many firms follow suit.
MENTIONED IN THIS ARTICLE
U.S
Congress
Trump
At&t
Comcast
Wells Fargo
Fifth Third Bancorp
Fifth Third
Boeing
Katie Barbaro
PayScale
Time Warner
Justice Department
NBC Universal
Bank of America-Merrill Lynch
Cisco
Coca
George W. Bush
Moody’s Analytics
Moody’s
Dan White
Joseph LaVergna
Americas
Natixis
Sears
Eddie Lampert
Lauren Beitelspacher
Babson College
Lampert
Stephen Opper
Reorg Research
Walmart
Greg Luken
Franklin, Tenn
Luken Investment Analytics
Target
Amazon
Sears and Toys R Us chart diverging 2017 survival paths
Sears Holdings opts for asset sales closures and debt maneuvers while Toys R Us files for Chapter 11. Analysts see Sears shrinking with Ford balance sheet strain and Lampert driven rescue versus Toys R Us restructuring to shed debt, close unprofitable stores, and rebuild supplier trust.
MENTIONED IN THIS ARTICLE
Sears Holdings
Toys R Us
Sears
Melissa Jacoby
University of North Carolina
Kmart
Stanley Black & Decker
Perry Mandarino
B. Riley Financial
Also Mentioned on This Page
America
Alan Diaz
Kirk Ludtke
Cowen and Co
UBS
Wayne
N.J
Mandarino
Spencer Platt
Getty Images
Gene J. Puskar
USA
Staples Holiday Office
Jae Yang
Janet Loehrke
USA Today