Business Highlights
___ Ford names Lincoln chief to replace ousted N. American head DETROIT (AP) — A veteran Ford Motor Co. executive who was leading the Lincoln luxury brand has been picked to lead North American operations, replacing an executive who was ousted this week over allegations of inappropriate behavior.
Mississippi gives tax break to hotel tied to Trump company
Mississippi has granted a tax break worth just over $6 million to a hotel developer affiliated with the Trump Organization.
State tax data breach twice as large as originally thought
Officials with Massachusetts' tax collection agency say a data breach that exposed private information from about 39,000 business taxpayers was twice as large as originally thought.
Book Trump? Interest groups press case at his properties
Special interests are holding meetings at properties owned by President Donald Trump, putting money in his pockets as they seek to influence his administration.
5 ways Americans cheat on their taxes
While there are plenty who deceive their significant others, a vast majority of Americans “value honesty” when filing their income taxes.
White House says US could reach 3 percent growth rate
The White House top economist says the U.S. could achieve annual growth rates of 3 percent through the next decade if President Donald Trump's policies on regulations and infrastructure are enacted.
Move over gas tax, here’s the new fee that could hit drivers
The White House hinted on Wednesday that it may favor a new tax on mileage rather than raising the federal fuel tax as means to help fund its massive $1.5 trillion infrastructure plan.
Correction: Tax Overhaul-Company Spending story
It's just what the GOP said we'd hear from a CEO after being handed a big tax break.
New rebellion against wind energy stalls or stops projects
Opponents of wind power are stalling or shooting down wind-farm projects across the country, especially in the Midwest, which is home to the nation's greatest concentration of wind turbines.
Gasoline tax hike: These states would be hardest hit
Mississippi and Wyoming households would face the highest annual fuel tax consumption costs under a 25-cent increase that President Trump is said to support.
Bill Gates: ‘Put up or shut up’ about higher taxes, Grover Norquist says
Americans for Tax Reform President Grover Norquist criticized Microsoft co-founder Bill Gates for saying the government should increase taxes on the ultra-wealthy.
Liberty Tax fires second chief executive in 6 months
Liberty Tax has fired its chief executive officer and replaced him with a board member handpicked by the company's founder, who was also fired less than six months ago.
Tax help: Where should you turn if you have a question?
Getting someone on the phone might be a challenge during Presidents Day weekend -- here are other ways to get tax help.
Where to turn for tax help
Tax returns surge over Presidents Day weekend, with the IRS saying it receives more phone calls on the day after Presidents Day than on any other day of the year.
IRS says thieves are stealing refunds from taxpayers
The Internal Revenue Service (IRS) issued a warning to taxpayers this week to beware of “erroneous refunds.”
Sears: 4Q sales drop but it expects a profit
Sears Holdings Corp. says sales dropped during the critical fourth quarter, but the ailing retailer expects to earn a profit, helped by a windfall from U.S. tax reform.
Fannie Mae to seek $3.7B cash infusion from US taxpayers
Jeb Hensarling (R-Texas) of the House Financial Services Committee referred to Fannie Mae’s proposed taxpayer infusion as a “bailout request.”
Trump shows willingness to raise fuel taxes
President Donald Trump is signaling his openness to a 25-cent fuel tax increase to help pay for his infrastructure proposal in a meeting with members of Congress.
Trump's reciprocal tax: What it is and how it could affect you
As President Donald Trump advances his agenda to level the playing field for U.S. companies, he floated the possibility of enacting a “reciprocal tax” on other nations, including allies.
Fannie Mae loses $6.5B in fourth quarter on tax change
Sweeping changes to U.S. tax law led to a $6.53 billion loss at Fannie Mae last quarter, putting the government-controlled mortgage company in the position of seeking cash assistance from taxpayers for the first time since it emerged from the housing crisis six years ago.









