U.S. President Donald Trump sent a Twitter message bragging about corporate America's high profits under his presidency on Tuesday, prompting critics to say he was undercutting Republican arguments in favor of a tax cut for corporations.
The largest U.S. public companies have seen profits accelerate in 2017, with quarterly earnings rising at a double-digit pace compared with a year ago, according to Thomson Reuters data. Full-year earnings are expected to be up 11.5 percent, which would be the strongest growth since 2011.
Reference: Reuters
Read More: http://www.reuters.com/
Thai
Eng