DealBook Briefing: Peltz Gets His Seat on Procter & Gamble’s Board
Procter & Gamble waited to make Mr. Peltz a director while it looked into the election results from the independent election inspector IVS Associates.
Corker and Rubio are yeas. Markets cheer.
Republican lawmakers seem to have secured enough votes to pass their tax overhaul.
Senator Marco Rubio of Florida said Friday he would vote yes after winning a more generous child tax credit in the final bill and Senator Bob Corker of Tennessee, who voted against the initial Senate bill over deficit concerns, said he would support the legislation despite the cost of the tax cuts.
The markets, which have risen and fallen with the fate of the tax bill in recent weeks, rose Friday as passage looked more certain.
• The Standard & Poor’s 500 index, Dow Jones industrial average and Nasdaq closed at records.
• The Russell 2000 jumped 1.6 percent, its best day since Nov. 16, according to Bloomberg.
• The dollar rose for the ninth time in 10 sessions.
Help Wanted: Crisis PR firm for Kushner.
Jared Kushner’s legal team is looking for a crisis public relations firm.
The Washington Post reports that Abbe Lowell, Mr. Kushner’s lawyer, has in the past two weeks called at least two crisis public relations firm.
In a statement to the Post, Mr. Lowell “confirmed he was looking for a firm that would handle media for all high-profile clients that receive attention from the press.”
“My law firm and I are considering hiring an outside consultant to handle the time-consuming incoming inquiries on the cases in which I am working that receive media attention. This inquiry from you about whether I am doing this is a good example of why we need one.”