Hector Andres Pacheco discusses the tax overhaul that caused some corporations to pay steep one-time charges. We discuss the overall benefit tax reform will have on the long-term and how businesses are using it to grow.
Pacheco also discusses Apple's positive earnings report and its upcoming initiatives, including construction of another campus somewhere in the U.S. We talk about Alphabet's underwhelming earnings report and its continued investment in machine learning.
Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits.
