Bloomberg Senate Republicans passed the most extensive rewrite of the US tax code in more than 30 years, a bill that delivers a deep, permanent tax cut for corporations and shorter-term relief for individuals. The chamber’s 51-48 party line vote on Wednesday in Washington brought President Donald Trump to the brink of his first major legislative victory. The bill—which has ...

Bloomberg A 300-year-old argument between the UK and Spain over a small piece of land is threatening to derail Theresa May’s plans to help businesses navigate Brexit. UK officials fear Spain will threaten to veto a Brexit transition phase if the British PM refuses to negotiate a separate deal with the government in Madrid that covers the disputed territory of ...

Bloomberg PM Theresa May is sticking to her guns and pushing for a made-to-order trade deal with the EU—despite the bloc’s insistence such a scenario is out of the question. May presided over a discussion with her Cabinet to flesh out her vision of an end state, aiming for a “significantly more ambitious deal” than that between the EU and ...