Taxes

California governor seeks explanation for high gas prices

California's governor wants to know why gas prices are higher than in the rest of the country, blaming potential "inappropriate industry practices" Tuesday rather than the state's higher taxes and tougher environmental regulations.

Evers: Foxconn proposed renegotiating Wisconsin deal

Wisconsin Gov. Tony Evers said in a letter his office released Tuesday that Foxconn Technology Group approached the state last month about wanting to renegotiate its contract for a project that could yield the global electronics giant more than $4 billion in state and local tax credits.

Semiconductor firm to buy, expand upstate NY chip plant

An Arizona-based semiconductor supplier will purchase GlobalFoundries' computer chip manufacturing plant in the Hudson Valley, adding 150 new jobs and preserving hundreds of others as part of a $720 million expansion plan, Gov. Andrew Cuomo announced Monday.

Commerce official wants businesses to get Trump tax break

Rhode Island's commerce secretary said Thursday he's analyzing new regulations issued by the Trump administration about a program for giving tax breaks for investing in low-income areas to ensure concerns by state economic development officials were considered.

Elizabeth Warren's green mistake

A step back toward the anti-drilling Obama era may cause the energy industry to cut jobs, lower investment in energy and reduce our GDP.