- Congress gives final OK to banning local Internet taxes Updated: Feb-11-16 5:52 pm
WASHINGTON - Congress voted Thursday to permanently bar state and local governments from taxing access to the Internet, as lawmakers leapt at an election-year chance to demonstrate their opposition to imposing levies on online service.
- NRF forecasts retail sales growth of 3.1 percent in 2016 Updated: Feb-10-16 12:27 pm
NEW YORK - The National Retail Federation is forecasting retail spending growth of 3.1 percent in 2016, a slowdown from the group's annual estimate a year ago.
- After challenging holiday, Sears to speed up store closings Updated: Feb-09-16 10:36 am
HOFFMAN ESTATES, Illinois - Sears keeps pruning its business in a years-long makeover, a bid to transform itself from a 123-year-old retail store into a nimble, 21st century operator.
- Research firm: Illinois marijuana market forecast is gloomy Updated: Feb-01-16 2:10 pm
CHICAGO - A market research company is growing pessimistic about Illinois medical marijuana, telling investors that retail sales could reach just $15.6 million in 2016 due at least in part to moves by Gov. Bruce Rauner's administration to limit the program's expansion.
- National conservative groups oppose Utah's online tax bill Updated: Jan-28-16 4:33 pm
SALT LAKE CITY - A coalition of national conservative groups is opposing Utah lawmakers' efforts to collect sales tax for online purchases.
- High court upholds government's energy conservation program Updated: Jan-25-16 4:11 pm
WASHINGTON - In a win for the Obama administration and environmental groups, the Supreme Court on Monday upheld a 5-year-old federal program that pays large electric customers to save energy during times of peak demand.
- Russian economy has worst year since global financial crisis Updated: Jan-25-16 5:51 am
MOSCOW - Russia's economy shrank 3.7 percent in 2015, the worst drop since the depths of the global financial crisis, as the country struggled with a drop in the price of its oil exports and international sanctions, the state statistics service said Monday.
- NY Gov. Cuomo: Extend tax credits to wineries, cider makers Updated: Jan-18-16 7:02 am
ALBANY, New York - New York Gov. Andrew Cuomo wants to extend a tax credit to small wineries, distilleries and alcoholic cider makers to encourage an industry that he says helps promote the entire state.
- Holiday sales report shows challenge for 2016 Updated: Jan-15-16 3:37 pm
NEW YORK - Holiday shoppers flocked online during the critical holiday shopping season, but overall sales in November and December were disappointing.
- US retail sales dipped in Dec.; low gas prices a key factor Updated: Jan-15-16 9:12 am
WASHINGTON - Americans tapered off from shopping toward the end of the holiday season, while lower gasoline prices cut into overall retail sales in December.