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Industry, Materials & Utilities Headlines

Odebrecht says dealings with Peru president were legitimate

Brazilian builder Odebrecht said Saturday that its recently-disclosed business ties to embattled Peruvian President Pedro Pablo Kuczynski were not part of the corrupt deals it struck with politicians that it has acknowledged to prosecutors.

Republican U.S. tax bill retains some municipal exemptions

The U.S. House Republican final tax bill released on Friday keeps a tax break for municipal bonds used to finance hospitals, affordable housing and other projects, but eliminates a way issuers can take advantage of low interest rates.

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Republicans confident tax bill will become law this week

WASHINGTON Top U.S. Republicans said they expected Congress to pass a tax code overhaul this week, with a Senate vote as early as Tuesday and President Donald Trump aiming to sign the bill by week's end. | Video