Business Highlights

Business Highlights

___Senate Republicans barrel toward sweeping tax overhaulWASHINGTON (AP) — The Senate is barreling toward the most sweeping rewrite of the tax code in more than three decades. The Senate voted 51-47 to formally begin negotiations with the House in an effort to reconcile their two tax bills. In a concession to lawmakers from high-tax states, the top Senate Republican says he favors expanding a deduction for state and local taxes to enable Americans to deduct local income taxes as well as prope...