3 Northeast states to sue feds over GOP's tax overhaul plan
New York, New Jersey and Connecticut say they plan to join together to sue the federal government over the Republican-led federal tax overhaul.
Trump heads to Swiss forum to push economic policies
President Donald Trump is in salesman mode as he heads to a global summit in the Swiss Alps.
Starbucks gives workers raises, stock grants due to tax law
Starbucks is giving its U.S. workers pay raises and stock grants this year, citing recent changes to the tax law.
Johnson & Johnson loses $10.7B after sweeping US tax changes
Johnson & Johnson is reporting a fourth-quarter loss of $10.71 billion, after reporting a profit a year earlier.
Tax season: Top tips for 2018
Tax season is rapidly approaching and both taxpayers and financial advisors are still getting acquainted with all the finer details of the GOP’s new legislation.
New York Gov. Cuomo proposes tax hikes
Cuomo proposes tax hikes
Cuomo 'revenue raisers' (also known as taxes) raise GOP ire
Gov. Andrew Cuomo calls them "revenue actions" and "revenue raisers."
Business Highlights
___ Amazon narrows list to 20 for its second headquarters NEW YORK (AP) — Amazon has narrowed its search for a second headquarters city to 20 locations, concentrated mostly in the East and the Midwest.
Amazon sweepstakes is narrowed down to 20 competitors
Amazon narrowed the list of locations under consideration for its second headquarters to 20, with the largest concentration in the Northeast.
Apple to add 20K jobs, pay $38B US tax bill to repatriate cash
The Cupertino, California-based tech giant said its investments will focus on job creation, spending with U.S. suppliers and an expansion of the App Store, Apple’s digital content hub.
EU urged to publish commitments from suspected tax havens
The European Union's top tax official is urging member states to make public any commitments given by non-EU countries wanting to get off the bloc's blacklist of suspected tax havens.
Once pot friendly Northern California county bans marijuana
A previously pot friendly rural Northern California county has reversed course and banned commercial marijuana farms, paving the way for lawsuits from growers who previously received permits and paid taxes.
IRS asks for extra cash: Are Americans more at risk of being audited?
Republicans are currently weighing the best ways to devote more resources to the Internal Revenue Service (IRS) after years of budget cuts at the agency, but that doesn’t necessarily mean the number of audits are set to increase, experts say.
H&R Block, Walmart enter exclusive tax software partnership, shares rise
The partnership establishes H&R Block as the “exclusive [do-it-yourself] desktop tax software provider available at Walmart stores nationwide, and sold directly by Walmart on walmart.com,” according to a press release.
Business Highlights
___ Bank execs sing praises of new tax law as windfall looms NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — are indicating they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business.
Documents: Former billionaire reaches deal with creditors
Former billionaire real estate developer Tim Blixseth has reached a $3 million settlement to resolve claims he illegally pocketed hundreds of millions of dollars from a Montana resort for the superrich.
Some utility rates could go down after US corporate tax cuts
Public utility regulators from Oklahoma to Massachusetts are considering lowering the rates that homeowners and businesses pay for electricity and natural gas after a federal tax overhaul signed into law by President Donald Trump reduced the corporate income tax rate by 14 percent.
The Latest: Alabama incentives for factory top $700 million
The Latest on the Toyota-Mazda factory coming to Alabama (all times local): 8:15 p.m. Alabama's total incentive package to land Toyota and Mazda's new U.S. factory will top at least $700 million after local incentives are added.
Walmart boosts starting pay, closing dozens of Sam's Clubs
Walmart is boosting its starting salary for U.S. workers to $11 an hour, giving a one-time $1,000 cash bonus to eligible employees and expanding its maternity and parental leave benefits.
FCA to invest $1B in Michigan plant, pay out bonuses
Fiat Chrysler is moving production of heavy-duty trucks from Mexico to Michigan and paying bonuses to U.S. workers in response to the passage of U.S. tax reform late last year.












