WASHINGTON (AP) — The Supreme Court ruled Wednesday that Alabama should have the chance to justify a fuel sales tax that it assesses on railroads but not on competitors in the trucking and barge industries. The justices ruled 7-2 against CSX Transportation Inc., which had challenged the state’s assessment of a 4 percent sales tax … Continue reading
Author Archives: ddchoice
Winter weather wrath? Pooches’ paws feel the pain, too
LOS ANGELES (AP) — People aren’t the only ones suffering from a seemingly endless winter of bone-rattling cold, record-busting snow and ice-slick sidewalks. Pooches’ paws feel the pain, too. While millions of residents from the Rocky Mountains to the East Coast shovel snow deep into the season and hunker down awaiting relief, their dogs are … Continue reading
US stock indexes sink as market heads for a second loss
NEW YORK (AP) — U.S. stocks sank Wednesday, pulling indexes further below record highs. The drop was modest but broad: nine of the 10 sectors in the Standard & Poor’s 500 lost ground. KEEPING SCORE: As of 11:28 a.m. Eastern time, the Standard & Poor’s 500 index was down 12 points, or 0.6 percent, to … Continue reading
Lumber Liquidators executives skip Florida Appearance
TOANO, Va. (AP) — Executives with Lumber Liquidators backed out of an investor conference in Florida where they were expected to appear Wednesday. The company is fending off claims that laminate flooring produced for the company in China contained elevated levels of formaldehyde, which is a carcinogen. Shares have tumbled almost 22 percent since the … Continue reading
World market momentum over Chinese rate cut fades
LONDON (AP) — World stock markets edged lower in European trading on Monday as investor optimism faded over a weekend interest rate cut by the Chinese central bank. KEEPING SCORE: Britain’s FTSE 100 shed 0.1 percent to 6,937.56 and Germany’s DAX was roughly flat at 11,391.15. France’s CAC 40 fell 0.8 percent to 4,914.14. Wall … Continue reading
Spartan Echo 