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Washington governor pushes capital gains tax in face of budget gap

Washington state Governor Jay Inslee on Thursday proposed a new tax on capital gains to try to close a projected budget shortfall of more than $2 billion, rolling back on a no-new-taxes campaign pledge.


Creditor to oppose San Bernardino bankruptcy plan favoring Calpers - source

A major capital markets creditor of bankrupt San Bernardino, California, will oppose any exit plan that is more favorable to Calpers, California's public pension fund, a source familiar with the creditor's strategy said on Thursday.

NBA Trade Rumors: Boston Celtics willing to send Jeff Green to the New Orleans Pelicans for a first round pick

NBA trade rumors surrounding the Boston Celtics who are willing to part ways with versatile forward Jeff Green and trade him to the young, rising New Orleans Pelicans team in exchange for a first round pick.

NBA Rumors: The Boston Celtics will send Rajon Rondo to the Dallas Mavericks for Brandan Wright, Jae Crowder, Jamar Nelson, 2015 first-round and future second

NBA rumors surrounding the Boston Celtics who will send Rajon Rondo to the Dallas Mavericks for Brandan Wright, Jae Crowder, Jamar Nelson, 2015 first-round and future second in a trade deal.


Latest News

Two of Europe's top three remaining telecommunications equipment companies, Nokia Networks (NOK1V.HE) and Alcatel-Lucent (ALUA.PA), have revived talks on a possible merger, Germany's Manager Magazin reported on Thursday, citing company sources.
Canada's Alimentation Couche-Tard Inc (ATDb.TO) will buy smaller U.S. rival Pantry Inc (PTRY.O) for about $861 million, a deal that positions it as one of the top convenience store operators in North America.
European Union leaders endorsed a new investment programme intended to kick-start economic growth in the bloc at a summit in Brussels, which its chairman said would end late on Thursday, half a day earlier than planned.
Thai Union Frozen Products PCL (TUF.BK), the world's largest canned tuna producer, said on Friday it has signed an agreement to acquire 100 percent of North American tuna company Bumble Bee Foods for $1.51 billion from a private equity firm.
Ford Motor Co on Thursday expanded the recall of older-model Mustang cars that have driver-side Takata air bags with inflators, to include about 502,500 vehicles.
The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc (ALLY.N) acquired under the government's bailout of the auto lender, Ally said on Thursday.
Clothing manufacturer American Apparel Inc (APP.A) has been approached by private equity firm Irving Place Capital for a possible takeover, The Wall Street Journal reported, citing sources.
U.S. banks will be able to do more business in Cuba after the United States and the island nation agreed to restore diplomatic ties, but trade groups said their members will be slow to ramp up operations, fearing big penalties for mistakes.
Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast.
Despite a disappointing Thanksgiving weekend, U.S. holiday sales may squeak by expectations if steeper and longer-running discounts lure enough shoppers.