Tweeting, Facebooking, Skyping smartphone users are costing U.S. states and cities revenue as taxes rooted in old-fashioned telephone service fail to keep up with the Internet era.
New Jersey Governor Chris Christie said he doesn’t mind breaking promises to pensioners to close a $10.5 billion budget deficit -- even if they sue.
Expedia Inc., Priceline.com Inc. and online travel companies may face a growing chorus of states raising tax rates on their transactions.
California’s minimum wage would increase to $13 a hour, the highest in the nation, under a bill approved by the state Senate and sent to the Assembly.
Unions and other advocates of higher minimum wages saw advances in California and Seattle as President Barack Obama’s call to raise the federal minimum languishes in Congress.