Latest Corporate taxes News

US budget deficit for 11 months up $169 billion over 2018

Sep. 12, 2019 3:49 PM EDT

WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18.8% over...

Mayor charged with taking bribes to help pot businesses

Sep. 6, 2019 6:43 PM EDT

BOSTON (AP) — A young Massachusetts mayor's tortuous tenure took another strange turn Friday when he was arrested on charges that he conspired to extort hundreds of thousands of dollars from companies seeking to operate marijuana businesses. Fall River Mayor Jasiel Correia, who became the old mill city's...

The Latest: Mayor defiant after extortion, bribery arrest

Sep. 6, 2019 4:36 PM EDT

BOSTON (AP) — The Latest on the arrest of a Massachusetts mayor (all times local): 4:30 p.m. A Massachusetts mayor already accused of stealing investor funds to bankroll a lavish lifestyle is defending himself from new charges that he extorted hundreds of thousands of dollars from marijuana companies. Fall...

Ex-contract chief pleads guilty in Atlanta corruption case

Sep. 4, 2019 7:21 PM EDT

ATLANTA (AP) — A man who helped control contracting for the city of Atlanta pleaded guilty Wednesday to federal crimes in connection with his efforts to hide his consulting activities with businesses seeking contracts from the city. Larry Scott, who resigned last week from his post as director of the...

Ex-owner of plant raided by ICE gets 18 months in prison

Jul. 31, 2019 6:51 PM EDT

GREENEVILLE, Tenn. (AP) — The former owner of a Tennessee meatpacking plant where a federal immigration raid took nearly 100 people into custody has been sentenced to 18 months in prison. News outlets report 62-year-old James Brantley, who had owned the slaughterhouse in Bean Station, also was sentenced...