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Comcast, Caterpillar, Merck and more

Check out the companies making headlines before the bell:Comcast (CMCSA) – The parent of NBCUniversal and CNBC reported adjusted quarterly earnings of 87 cents per share, 12 cents above estimates. Revenue also beat forecasts as cable and…

Is the Billionaire Tax Legal?

Rethinking a tax on billionairesNo one is better equipped to mount a constitutional challenge to a proposed tax on the unrealized capital gains of the ultrawealthy than, well, the 700 or so billionaires who may face the tax. And rumblings…