Business

GOP says it's got a deal on taxes; cuts coming for next year

APTOPIX Congress Taxes-3

Confident congressional Republicans forged an agreement Wednesday on a major overhaul of the...

Business

Drillers flock to Rockies as sleepiest shale corner awakens

(c) 2017, Bloomberg. It’s not exactly the Pike’s Peak gold rush of 160 years but with crude prices on the rise, explorers are returning to the oil-rich rock of Colorado as a way to expand beyond the shale plays of Texas and New Mexico. During the three-year crude-market collapse, as prices fell...


Business

GOP betting that its fix for US economy will defy warnings

Congress Taxes

WASHINGTON (AP) — The tax overhaul of 2017 amounts to a high-stakes gamble by Republicans in Congress: That slashing taxes for corporations and wealthy individuals will accelerate growth and assure greater prosperity for Americans for years to come. The risks are considerable. A wide range of...


Business

Why GOP tax plan could mean cuts in state and local services

Congress Taxes

WASHINGTON (AP) — It’s a tax provision that could prove costly for schools, police forces, drug treatment centers and other state and local public services. The sweeping tax overhaul embraced by President Donald Trump and Republican lawmakers would impose a $10,000 limit on the combined sum of...


Business

Lockheed Martin, Aerion Corp. team up to build supersonic business jet

(c) 2017, The Washington Post. WASHINGTON - For 27 years, until its retirement in 2003, the Concorde was a flying symbol of glamour and speed, a sleek embodiment of technological prowess and supersonic power that ferried the wealthy from New York to London in 3 1/2 hours while dining on veal...


Business

For witnesses, calling out sexual harassment is complicated

Sexual Misconduct Bystanders Dilemma

NEW YORK (AP) — Life was going well for Christopher Partee when the woman approached him in tears. The forklift operator had recently been made a permanent employee at a Memphis warehouse newly opened by a supply-chain logistics company. His new supervisor was friendly to him, giving him special...


Business

AP FACT CHECK: Trump and the mirage of overseas profits

Trump

WASHINGTON (AP) — President Donald Trump speaks often of a pile of money sitting overseas that will come rushing back into the U.S. because of his tax plan. An AP Fact Check finds that’s something of a mirage. Some U.S. companies park profits overseas because of the high corporate tax rate at home....


Business

AP FACT CHECK: Trump and the mirage of overseas profits

Trump

WASHINGTON (AP) — President Donald Trump speaks often of a pile of money sitting overseas that will come rushing back into the U.S. because of his tax plan. An AP Fact Check finds that’s something of a mirage. Some U.S. companies park profits overseas because of the high corporate tax rate at home....


Business

AP FACT CHECK: Trump and the mirage of overseas profits

Trump

WASHINGTON (AP) — President Donald Trump speaks often of a pile of money sitting overseas that will come rushing back into the U.S. because of his tax plan. An AP Fact Check finds that’s something of a mirage. Some U.S. companies park profits overseas because of the high corporate tax rate at home....


Business

AP FACT CHECK: Trump and the mirage of overseas profits

Trump

WASHINGTON (AP) — President Donald Trump speaks often of a pile of money sitting overseas that will come rushing back into the U.S. once his tax plan is in place. That’s something of a mirage. Here’s what he told reporters Saturday in the roar of Marine One waiting to take him to Camp David,...


Business

How individual taxpayers can exploit the new tax bill right now

(c) 2017, Bloomberg. At the end of every year, millions of Americans can make strategic moves to shave a few bucks off their April tax bill. Right now, millions more should be able to get into the act, with Congressional Republicans poised to pass a 503-page law that fundamentally restructures the...


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