business finance

Amazon exploring ways to deliver inside your car’s trunk, front door: Report

Amazon exploring ways to deliver inside your car’s trunk, front door: Report

Delivering to your front door is so 2016. Amazon is now looking into ways to deliver securely inside your home or at least to your car’s trunk....
Deloitte hack compromised server used by Pentagon, DHS, State and Energy departments: Report

Deloitte hack compromised server used by Pentagon, DHS, State and Energy departments: Report

A computer server containing the emails of several U.S. government agencies was compromised by a recently disclosed data breach targeting Deloitte, one of the world’s biggest...
County officials to vote on repealing Chicago-area soda tax

County officials to vote on repealing Chicago-area soda tax

Cook County officials are expected to take a major step toward repealing a Chicago-area tax on sweetened beverages....
Pentagon budget divides Republican defense, deficit hawks

Pentagon budget divides Republican defense, deficit hawks

With the House and Senate on track to finalize a budget later this month, Republicans are facing another round in the long-running fight between defense hawks, who say the Pentagon...
Stock market ignores Donald Trump distractions, rallies on strong economy

Stock market ignores Donald Trump distractions, rallies on strong economy

The stock market has rallied and roared since Americans for the first time sent a billionaire businessman to the White House, with the Dow Jones industrial average setting 62...
Federal student loan program spending is out of control

Federal student loan program spending is out of control

Lady Margaret Thatcher once said that “the problem with socialism is that eventually you run out of other peoples’ money.”...
AOL discontinuing pioneering Instant Messenger

AOL discontinuing pioneering Instant Messenger

AOL has announced that it is discontinuing its pioneering Instant Messenger chat platform after 20 years of service....
House passes 2018 budget; Senate committee clears different plan

House passes 2018 budget; Senate committee clears different plan

Republicans powered their 2018 budget through the House on Thursday, overcoming months of disagreements and taking the first concrete step in their quest to pass a massive tax...
Dunkin’ Donuts pares down doughnut menu to just 18 varieties: Report

Dunkin’ Donuts pares down doughnut menu to just 18 varieties: Report

Dunkin’ Donuts is slimming down its menu boards, from 30 varieties of doughnuts to just 18....
The Latest: White House requests $29B disaster aid package

The Latest: White House requests $29B disaster aid package

The Latest on disaster aid funding (all times EDT):...
Trump to withdraw proposed Obama rules on estate taxes

Trump to withdraw proposed Obama rules on estate taxes

The Treasury Department announced Wednesday it will withdraw estate-tax rules proposed by the Obama administration that were opposed by Republican lawmakers and business groups,...
Senators grill Equifax officials over data breach, new IRS contract

Senators grill Equifax officials over data breach, new IRS contract

Senators gobsmacked by Equifax’s response to a massive data breach affecting more than 145 million people pointedly questioned the credit reporting company Wednesday over a...
Russian Facebook ads: 70 million people may have seen them

Russian Facebook ads: 70 million people may have seen them

Facebook estimates 10 million Americans saw the advertisements Russian groups purchased to try to influence last year’s election, but analysts said that undersells the reach of the...
Congressional Democrats slam Republican budget plan

Congressional Democrats slam Republican budget plan

Congressional Democrats said Wednesday there’s no room for compromise on the GOP’s current budget framework, saying the 2018 fiscal blueprint appears geared toward rewarding the...
Kevin Brady: Senate Republicans need to back tax plan

Kevin Brady: Senate Republicans need to back tax plan

House Ways and Means Chairman Kevin Brady said Wednesday that Republican senators need to support the tax reform legislation to prevent another legislative disaster....
Yahoo: Data breach affected all 3 billion of its accounts

Yahoo: Data breach affected all 3 billion of its accounts

Yahoo has tripled down on what was already the largest data breach in history, saying it affected all 3 billion of its users, not the 1 billion it revealed late last year....
EPA, ethanol industry clash over potential changes to Renewable Fuel Standard program

EPA, ethanol industry clash over potential changes to Renewable Fuel Standard program

The ethanol industry Tuesday launched a highly coordinated effort to drive a wedge between President Trump and Environmental Protection Agency Administrator Scott Pruitt charging...
The Latest: New Equifax CEO could get $3 million payday

The Latest: New Equifax CEO could get $3 million payday

The Latest on the testimony of the former Equifax chairman and CEO as he testifies before Congress on the massive data breach affecting an estimated 145 million Americans (all...
Lawmakers grill former Equifax chairman over data breach

Lawmakers grill former Equifax chairman over data breach

House Republicans and Democrats on Tuesday grilled Equifax’s former chief executive over the massive data hack of the personal information of 145 million Americans, calling the...
Care for a corporate tax cut? Pushing the cause at doorsteps

Care for a corporate tax cut? Pushing the cause at doorsteps

The idea of cutting taxes for corporations is something Americans have long felt was a bad idea....
House GOP bill includes $1B boost for Puerto Rico’s Medicaid program

House GOP bill includes $1B boost for Puerto Rico’s Medicaid program

Storm-battered Puerto Rico would receive an extra $1 billion for its Medicaid program under a House GOP bill to renew a critical insurance program for children....
Google drops ‘first click free,’ loathed by many publishers

Google drops ‘first click free,’ loathed by many publishers

Google will try to help newspapers and other publishers boost subscriptions by ending a decade-old policy that required them to provide a limited amount of free content before...
Republican reform tax plan would expand amount of Americans who don’t owe income tax

Republican reform tax plan would expand amount of Americans who don’t owe income tax

Republicans say their new tax plan would greatly expand the “zero tax” bracket of those who owe no federal income tax — bucking a longtime goal of fiscal conservatives who want to...
Steven Mnuchin, Treasury secretary, calls Trump tax plan a ‘jobs bill,’ defends estate tax cut

Steven Mnuchin, Treasury secretary, calls Trump tax plan a ‘jobs bill,’ defends estate tax cut

Treasury Secretary Steven Mnuchin said the president’s tax plan revealed last week is a “jobs bill” and doesn’t benefit the rich, fighting back against criticism from Democrats who...
Trump will announce new steps to cut red tape in Monday speech

Trump will announce new steps to cut red tape in Monday speech

President Trump will kick off the new fiscal year Monday by redoubling his administration’s efforts to cut red tape, a move he views as a key driver of economic resurgence. The...
Strait, Brooks among stars to play hurricane relief concert

Strait, Brooks among stars to play hurricane relief concert

An all-star lineup of country stars including George Strait, Garth Brooks, Carrie Underwood, Reba McEntire and more will play a benefit concert in Nashville to raise money for...
Marijuana sales in Nevada crack $27 million in first month

Marijuana sales in Nevada crack $27 million in first month

Nevada’s newly legalized recreational marijuana dispensaries sold more than $27 million worth of weed during the first month of retail sales and earned the state over $3.6 million...
GOP tax framework would give outsized benefit to top 1 percent: Report

GOP tax framework would give outsized benefit to top 1 percent: Report

The Republican tax framework unveiled this week would create an immediate tax cut for all income levels, but the top 1 percent would receive 50 percent of the total tax benefits in...
Senate Republicans roll out 2018 budget blueprint with language for tax reform

Senate Republicans roll out 2018 budget blueprint with language for tax reform

Senate Republicans on Friday unveiled their 2018 budget resolution, setting the stage for a committee mark-up next week and laying the groundwork for Republicans to pass their...
Donald Trump calls tax-reform plan ‘rocket fuel’ for U.S. economy

Donald Trump calls tax-reform plan ‘rocket fuel’ for U.S. economy

President Trump called his tax-reform plan “rocket fuel for our economy” Friday as he promoted the proposal to U.S. manufacturers and predicted it will lead to a rebirth of...
Gary Cohn, White House economic adviser: State and local tax deduction ‘not a red line’

Gary Cohn, White House economic adviser: State and local tax deduction ‘not a red line’

White House National Economic Council Director Gary Cohn on Friday said there could be some flexibility in how lawmakers treat the deduction people can take on state and local...
Manufacturers enthusiastic about Trump’s tax-reform plan: Survey

Manufacturers enthusiastic about Trump’s tax-reform plan: Survey

About two-thirds of U.S. manufacturers say they are more likely to expand their businesses if Congress approves President Trump’s tax-reform plan, according to a new survey...
Taylor Swift’s old Manhattan apartment drops in price down to $20M

Taylor Swift’s old Manhattan apartment drops in price down to $20M

A West Village apartment formerly leased by pop star Taylor Swift has reportedly seen its asking price go down roughly $4 million after five months on the market with no takers....
TV-gadget maker Roku’s stock soars after IPO raises $219M

TV-gadget maker Roku’s stock soars after IPO raises $219M

Shares of Roku, an early player in streaming-video gadgets, soared Thursday after its initial public offering of stock raised $219 million....
Kevin McCarthy: Addressing the budget is the first step in tax reform

Kevin McCarthy: Addressing the budget is the first step in tax reform

House Majority Leader Kevin McCarthy said Thursday that the first phase of the tax plan will be addressing the budget....
Mark Meadows calls Roy Moore’s victory a result of frustration with Washington

Mark Meadows calls Roy Moore’s victory a result of frustration with Washington

Rep. Mark Meadows said Thursday that former Alabama Chief Justice Roy Moore’s victory in the Republican U.S. Senate primary is part of the frustration with lawmakers’ inability to...
Tax reform under Trump will increase U.S. deficit: Analysts

Tax reform under Trump will increase U.S. deficit: Analysts

Fiscal watchdogs said Wednesday that President Trump’s tax reform plan is likely to add trillions in deficits and relies on overly rosy projections of economic growth to minimize...
Budget solutions to federal debt clear to analysts, not politicians

Budget solutions to federal debt clear to analysts, not politicians

The Washington Times spoke with budget analysts across the political spectrum, who say the solutions to soaring debt are fairly clear, even if the political will to follow through...
White House says Puerto Rico getting full support from Donald Trump

White House says Puerto Rico getting full support from Donald Trump

The White House said Thursday that President Trump is giving his full support to hurricane-ravaged Puerto Rico, despite criticism that the federal relief effort is slow and...
Steve Mnuchin says tax reform will be done by December

Steve Mnuchin says tax reform will be done by December

Treasury Secretary Steve Mnuchin said Thursday that the timeline on taxes is going to be fast....
The Latest: GOP tax plan nearly doubles standard deduction

The Latest: GOP tax plan nearly doubles standard deduction

The Latest on the Republican plan to overhaul the tax code (all times local):...
Malaysia Airlines to buy 35 wide-bodied planes

Malaysia Airlines to buy 35 wide-bodied planes

Malaysia Airlines plans to buy 35 wide-bodied planes over the next year as part of a fleet restructuring to rebuild its premium business as it seeks to return to profitability by...
Ryanair cancels more flights, affecting 400,000 customers

Ryanair cancels more flights, affecting 400,000 customers

Budget airline Ryanair cancelled another 18,000 flights on Wednesday, deepening its woes over its mismanagement of pilots’ holiday schedules....
Richard Smith, Equifax CEO, dumped in wake of damaging data breach

Richard Smith, Equifax CEO, dumped in wake of damaging data breach

Credit reporting agency Equifax is ousting CEO Richard Smith in an effort to clean up the mess left by a damaging data breach that exposed highly sensitive information about 143...
Dyson, U.K.-based vacuum designer, to debut electric-car model in 2020: Report

Dyson, U.K.-based vacuum designer, to debut electric-car model in 2020: Report

Sir James Dyson is renowned for his eponymous vacuum cleaners, but the British inventor hopes to clean up in the auto showroom come 2020, with the debut of an electric car....
Donald Trump’s bipartisan tax-cut pitch: ‘Do what is right for the American people’

Donald Trump’s bipartisan tax-cut pitch: ‘Do what is right for the American people’

President Trump called on lawmakers of both political parties Tuesday to pass his tax reform plan, saying it would create a jobs boom in America and put more money in the pockets...
Donald Trump: Tax plan ready to go, to be unveiled this week

Donald Trump: Tax plan ready to go, to be unveiled this week

President Trump said Sunday night that his tax-cut plan is completed and will result in “the largest tax cut in the history of our country.”...
Republican tax reform plan heartens small business owners

Republican tax reform plan heartens small business owners

Small business owners are increasingly hopeful they won’t get left out in the cold in tax reform, and say they feel encouraged by lawmakers’ prioritizing relief both for larger...
Rand Paul, Kentucky senator: I’m not for block-granting Obamacare Medicaid money to states

Rand Paul, Kentucky senator: I’m not for block-granting Obamacare Medicaid money to states

Sen. Rand Paul said he would support a health care bill that slows spending growth and gives more flexibility to states, but he cannot support block-granting Medicaid expansion...
Prison phone call costs, contract questioned

Prison phone call costs, contract questioned

With her fiance serving nine months in York County Prison, Keena Minifield faced tough financial choices....