For every Tesla or Uber, there's a Valeant Pharmaceuticals or Theranos - two story stocks that seduced an astounding array of prominent investors and supporters based on stories that did turn out to be too good to be true. — James B. Stewart Copy Share Image
Divestitures have long been the preferred remedy for horizontal mergers, where there's an overlap between the two companies. Airlines, for example, may have to sell routes or airport gates where the two airlines compete; cable operators may have to sell… — James B. Stewart Copy Share Image
Amazon and Snap both have stories that are compelling for many investors: Amazon has transformed retailing and is destined to dominate it. Snap is… — James B. Stewart Copy Share Image
The A.M.T. is much reviled by tax experts across the political spectrum for its unintended consequences and fiendish complexity. — James B. Stewart Copy Share Image
Almost everyone agrees that corporate tax rates need to be cut because of global competition. Companies should not be able to stash earnings overseas… — James B. Stewart Copy Share Image
Under Armour's success depends in part on endorsements from celebrity athletes, many of whom - like Stephen Curry, the basketball star - are African-American. — James B. Stewart Copy Share Image
The appreciation of capital assets is already taxed at an extremely favorable rate compared to labor. That's why the rich pay such a low… — James B. Stewart Copy Share Image
Advocates of a tax overhaul often point to the 1986 act as a model for a comprehensive approach that ushered in a long period… — James B. Stewart Copy Share Image
As in many cities, Uber has disrupted powerful interests in London, starting with the drivers of black cabs, who trace their lineage to 1634,… — James B. Stewart Copy Share Image
Republicans seem to be gambling that most Americans won't care about a few rich private equity managers if their own taxes go down, their… — James B. Stewart Copy Share Image
The idea that content is king has long rested on the notion that distribution - in whatever form it takes - is a low-margin… — James B. Stewart Copy Share Image
Like or loathe Donald J. Trump, you have to give him this: He's done more to shine a spotlight on the loopholes and fundamental… — James B. Stewart Copy Share Image
Losses from partnerships and limited-liability companies, the entities through which the Trumps report much of their income, do not have to be added back… — James B. Stewart Copy Share Image
