Governors of more than a dozen states are rushing to offer incentives such as subsidized training and infrastructure to convince Boeing Co. to move production of its new 777X jetliner out of Washington, where union members rejected a labor contract that froze pensions.
The U.S. Internal Revenue Service needs to make changes to prevent fraud and improve security in systems it is building to deliver health insurance subsidies, according to an audit by the tax agency’s inspector general.
Mild temperatures along the U.S. East Coast and Canadian Maritimes will reduce energy demand this week in some of the region’s largest cities, said Matt Rogers, president of the Commodity Weather Group LLC.
Opponents of President Barack Obama’s proposed cap on charitable deductions say they have gotten a boost from a bipartisan letter by two Senate Finance Committee members that urges maintaining the tax break.
Formosa Plastics Group, Asia’s largest chemical producer, is seeking U.S. permits for a $2 billion expansion of its Texas operations as cheaper natural gas prices make U.S. production more competitive.
A group of Virginia Republicans, stung by the loss of the governorship after voters this month rejected Attorney General and Tea Party leader Ken Cuccinelli, are readying what would be one of the toughest intra-party revolts yet against the anti-tax movement.