Sales tax breaks to lure data centers booming in Virginia
Tax breaks to attract some of the world's richest companies to Virginia have exploded as the state has become a top global market for data centers.
Credit Suisse trims loss, cites upside of US tax reform
Credit Suisse says it narrowed its fourth-quarter loss as pre-tax income swung into the black, while the Swiss bank predicted a positive impact from the U.S. tax reform in the future.
Melinda Gates embraces public role, calls out Trump
Bill and Melinda Gates say they're concerned about some of President Donald Trump's policies and statements.
Trump triggers IRS cut of 298 tax regulations
The move follows a pair of executive orders issued by the president last year. Some of the regulations have been outdated for decades.
Senate GOP: Cuomo tax changes unlikely by budget deadline
Republicans who control the New York state Senate threw a major roadblock in front of Gov. Andrew Cuomo's tax code restructuring proposals Tuesday, announcing their opposition to the Democrat's plan and essentially guaranteeing it won't make it into the state budget by its April 1 deadline.
PepsiCo posts flat sales; cuts jobs and issues bonuses
PepsiCo is reporting better-than-expected revenue and profits for the fourth quarter as CEO Indra Nooyi attempts to shift the company's focus back to its best-known products.
The Latest: Trump budget would usher in new deficit era
The Latest on President Donald Trump's proposed 2019 budget (all times local): 11:30 a.m.
Money spent on lobbying skyrocketed during tax overhaul
Money spent on lobbying by corporations, trade associations and special interest groups spiked during the final three months of 2017 as they battled for the biggest breaks possible in the most dramatic tax overhaul in more than 30 years.
Trump budget plan already outdated after budget deal
President Donald Trump's budget director says the budget that the administration sends to Congress on Monday will seek to move some of the billions of dollars in extra spending that Congress approved last week to areas that will reflect the president's priorities.
Oklahoma pulling up red carpet offered to wind industry
As Oklahoma sought to diversify its oil-and-gas powered economy in the early 2000s, policymakers rolled out the red carpet for the burgeoning wind industry, offering generous state tax incentives and access to windy, inexpensive tracts of land.
Lobbying expenses spiked as Congress shaped tax overhaul
Money spent on lobbying by corporations, trade associations and special interest groups spiked during the final three months of 2017 as they battled for the biggest breaks possible in the most dramatic tax overhaul in more than 30 years.
First hotel in new Trump chain seeks Mississippi tax breaks
A Trump hotel under development in Mississippi has applied for millions of dollars of state tax breaks.
Tax refunds: Most Americans expect a solid return this year, survey finds
The TD Ameritrade survey's results also revealed some skepticism among American investors regarding the impact of the recently-passed tax reform package.
Property tax plan gains support, but skepticism lingers
New Jersey Gov. Phil Murphy's proposal to relieve the potential pain from the new federal tax law on those who pay the state's sky-high property taxes is getting positive reviews, but it's also being met with skeptics who wonder if it could succeed.
Congress stumbles into gov't shutdown, budget deal stalled
Senate leaders brokered a long-sought budget agreement Wednesday that would shower the Pentagon and domestic programs with an extra $300 billion over the next two years.
What's a tax break for car racing doing in the budget deal?
Congress passed a $1.5 trillion tax cut package just two months ago.
Cuomo plans NY tax change to avoid $1.5B hit on taxpayers
Gov. Andrew Cuomo wants to separate the state's tax rates from the federal rates to keep New Yorkers from a $1.5 billion income tax increase, the Democrat's top budget official testified Thursday during a budget hearing.
Murphy seeks bill to blunt impact of federal tax law
Gov. Phil Murphy on Thursday called on lawmakers to send him legislation ensuring state residents can pay property taxes as charitable contributions to skirt the federal tax overhaul.
Man United reports losses of $40M due to Trump tax overhaul
Manchester United says a half-year loss of $18 million is the result of U.S. President Donald Trump's tax overhaul.
Retail group: Annual retail sales to rise 3.8 to 4.4 percent
The nation's largest retail trade group says retail sales will increase 3.8 percent to 4.4 percent this year compared with last year.













