Donald Trump’s tax plan, if adopted, has been seen as an unmitigated windfall for corporate America. Cutting the corporate tax rate to 15 percent from its current effective rate of around 28 percent could generate nearly $2 trillion in additional income for the companies in the S&P 500 index alone over a decade. But a surprising number of companies …

  Germany’s No. 1 lender is leaner, more profitable and more financially robust than a year ago. That’s good news for shareholders who have suffered through two years of losses, and taxpayers nervous about the health of the country’s banking system. The bad news is that revenue is still underwhelming. Despite a blowout quarter for most of Wall Street’s debt-trading …

  In a series of identical and unsurprising letters, the U.S. Justice Department has told local officials to be sure to cooperate with federal authorities on immigration issues. The federal government should expect nothing less. What accompanied the letters, however, was more disturbing. The letters, signed by acting assistant attorney general Alan Hanson, were sent last week to “alert” various …