Taxes

Utah biodiesel execs linked to polygamous group stay jailed

Two executives of a Salt Lake City biodiesel company linked to a polygamous group could flee to Turkey if they are released ahead of trial on charges in a $500 million tax credit scheme, federal prosecutors said in court documents unsealed ahead of a Wednesday court hearing.

The Latest: Execs linked to polygamous group to stay in jail

The Latest on two biodiesel executives charged in an alleged $500 million tax credit scheme (all times local): 2:15 p.m. Two Salt Lake City biodiesel executives linked to a polygamous group will stay in jail on federal charges in an alleged $500 million tax credit scheme.

The Latest: Houston area backs $2.5B flood-control bond

The Latest on Houston area election for issuance of flood-control bonds (all times local): 10:40 p.m. Houston-area voters have marked the anniversary of Hurricane Harvey coming ashore by approving the issuance of $2.5 billion in bonds that will fund critical flood-control projects.

Houston-area voters overwhelmingly back flood-control bond

Voters in Houston and its surrounding county will mark Saturday's anniversary of Hurricane Harvey coming ashore by deciding whether to approve the issuance of $2.5 billion in bonds to fund flood-control projects that might mitigate the damage caused by future storms.

Business Highlights

___ S&P 500, Nasdaq and Russell 2000 close at record highs NEW YORK (AP) — Wall Street ended a week of milestones with a few more Friday.

Tobacco-funded group starts Montana anti-initiative ad blitz

A group funded by the tobacco industry has launched a massive ad blitz against a ballot initiative to fund Montana's Medicaid expansion program and other health programs by raising the cigarette tax by $2 per pack and taxing vaping products for the first time.

The Latest: High-tax states decry new tax rules

The Latest on the Trump administration laying down rules aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions.