Senate Majority Leader Mitch McConnell after rounding up the votes to pass the tax-reform bill.

AS THIS ISSUE WAS GOING TO PRESS, the U.S. Senate passed a tax-cut bill that, should it become law, will almost certainly energize the animal spirits of American corporations. Republicans in the Senate and the House still have a bit of cloakroom legerdemain

You're reading a preview, sign up to read more.

More from Fortune

Fortune13 min read
Your Drugstore Will See You Now
With last year’s acquisition of Aetna, CVS Health became the biggest publicly traded health care company in the world. But the costly acquisition hasn’t paid off yet—leaving consumers and investors wondering: Is getting health care from your pharmacy
Fortune16 min read
Business Bets On A Quantum Leap
Quantum computing could help companies address challenges ranging from supply chains to climate change. And it’s finally moving from theory to practice.
Fortune3 min read
In The Land Of Giants
America’s corporate colossi are using their positional advantage to get even larger. Why competitors, workers, and consumers should be worried.