Task force report finds special interests shaped tax credits
A state task force found private stakeholders, particularly those linked to an influential Democratic fundraiser and business executive in southern New Jersey, helped craft tax credits to benefit their business interests.
Enbridge pipeline project hits another Minnesota obstacle
Enbridge Energy's plan to replace an aging crude oil pipeline that runs through northern Minnesota hit another obstacle Tuesday when two state agencies said they would hold up approval of the project's permits until problems with its environmental review are resolved.
Facebook plans its own currency for 2 billion-plus users
Facebook is launching a new digital currency to make e-commerce accessible to more people around the world.
Business Highlights
___ Facebook plans its own currency for 2 billion-plus users SAN FRANCISCO (AP) — Facebook has unveiled an ambitious plan to create a new digital currency for global use similar to Bitcoin.
The Latest: Norcross says tax credit report is inaccurate
The Latest on New Jersey Gov. Phil Murphy's tax credit task force (all times local): 3:20 p.m. New Jersey Gov. Phil Murphy says a state task force's report on business tax incentives shows the system is "rigged."
How major US stock indexes fared Tuesday
Technology companies powered stocks solidly higher on Wall Street Tuesday as traders hoped that a meeting next week between President Donald Trump and President Xi Jinping of China will ease trade tensions between the two economic powers.
Charitable giving in America drops in 2018 after tax policy changes: report
Charitable giving by individual Americans in 2018 suffered its biggest drop since the Great Recession of 2008-09, in part because of Republican-backed changes in tax policy, according to the latest comprehensive report on Americans' giving patterns.
AP Explains: Behind Libra, Facebook's new digital currency
Facebook is unveiling a digital currency called Libra as the company seeks to make its ads more valuable by enabling smoother transactions and payments online, particularly among those without credit cards or bank accounts.
Markets Right Now: Trade deal hopes send US stocks higher
The latest on developments in financial markets (all times local): 9:35 a.m.
Redskins deny owner Dan Snyder sailed $180M yacht to Cannes to find new stadium sponsor
The longtime Redskins owner reportedly hosted a dinner on the yacht on Monday for a list of attendees that included NFL marketing executive Julie Haddon and Outfront Media executive Andy Sriubas.
EU ministers urge action over Turkey's drilling off Cyprus
Cyprus' president says he believes the European Union will take a tougher line against Turkey over its bid to drill for gas in waters where the east Mediterranean island nation has exclusive economic rights.
These colleges have the highest employment rate after graduating
A new survey by Zippia found the best colleges for employment and discovered Connecticut’s Quinnipiac University took the top spot.
Boeing signs first deal for 737 Max jet since deadly crashes
Boeing is selling its 737 Max planes again.
Tesla under pressure as rivals prepare to launch new electric models
BMW, Mercedes-Benz, Audi and others are all beefing up their electric offerings in a new challenge to Tesla.
World’s population expected to swell to 10.9B by 2100, but then grind to halt: report
The world’s population is expected to reach about 10.9 billion by the end of the century before it grinds to a halt due to falling birth rates, a report revealed Monday.
San Francisco may become first major US city to ban all e-cigarette sales
San Francisco supervisors will vote to decide whether to move the city toward becoming the first in the United States to ban all sales of electronic cigarettes as part of an effort to crack down on youth vaping.
Germany's Siemens announces 2,700 job cuts
German industrial equipment maker Siemens says it is cutting 2,700 jobs globally at its power and gas company as it seeks to make cost savings.
Serpentine art CEO quits amid criticism of spyware firm link
The CEO of London's Serpentine Galleries has quit amid what she calls "toxic personal attacks" over her husband's involvement in an Israeli spyware firm.
WEDC determines Exact Sciences doesn't owe anything
Wisconsin's economic development agency has determined that Madison-based medical diagnostics firm Exact Sciences Corporation doesn't have to repay any tax credits, after the company pledged to return $61,000 for jobs created outside the state.
European Central Bank hints at stimulus _ drawing Trump ire
European Central Bank President Mario Draghi says that the eurozone's monetary authority stands ready to cut interest rates and could re-start its bond purchase stimulus program if the economy needs it.











