State regulators have linked earthquake activity in Ohio to fracking, confirming the suspicions of activists pushing for a ban.» Read More
With the deadline for filing hours away, tax professionals across the country said some clients have been surprised to learn the Internal Revenue Service was taking a larger bite.
COLUMBUS, Ohio— Gas prices in Ohio are up again. The cost for a gallon of regular gas in Ohio was averaging $3.68 in Monday's survey from auto club AAA, the Oil Price Information Service and WEX Inc. That's up about 8 cents from a week ago. Monday's Ohio price is identical to the price a month ago, 29 cents higher than last year at this time.
Party operatives are pushing a constitutional amendment that would make Florida the first state in the South to legalize some pot use. The political world likely will be focused on Florida in November for clues about the turnout potential among young voters of pot on the ballot.
Intel, Oracle, Microsoft and Cisco, known as the four horsemen during the late 1990 s technology boom due to their strong performance and leading market share, have all rallied since the beginning of March even as stocks of many other tech companies have been crushed.
Intel, Oracle, Microsoft and Cisco, known as the four horsemen during the late 1990 s technology boom due to their strong performance and leading market share, have all rallied since the beginning of March even as many other tech companies' stocks have been crushed.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by 13 this week to 1,831.. Of the major oil- and gas-producing states, Louisiana gained nine rigs, Texas increased by seven, California gained three and New Mexico increased by one.
COLUMBUS, Ohio— Geologists in Ohio have for the first time linked earthquakes in a geologic formation deep under the Appalachians to hydraulic fracturing, leading the state to issue new permit conditions Friday in certain areas that are among the nation's strictest.
TOLEDO, Ohio— Laura Hankins knew something was wrong when she filed her daughter's tax return and it was rejected hours later: An identity thief already had sent in a return using the 19- year-old's personal information.
A government report released in November said the IRS issued nearly $4 billion in fraudulent tax refunds over the previous year to thieves who were using other people's personal information. Two men pleaded guilty in Georgia last year to trying to get a tax refund by using his name, Social Security number and date of birth on tax forms.
FRANKFORT, Ky.— A Kentucky panel has approved more than $8.5 million in state tax incentives for a Newport hotel and a Frankfort distillery. The Kentucky Tourism Development Authority approved $8 million in incentives for a planned $33 million, 150- room hotel in Newport.
COLUMBUS, Ohio— L Brands Inc. said Thursday that a key sales figure fell in March compared with a year ago, but was still better than what analysts expected. L Brands said the later Easter, which falls on April 20 this year compared to March 31 a year ago, hurt its key sales figure by 2 to 3 percentage points.
CINCINNATI— The General Electric Co. plans to build a new U.S. global operations center in the Cincinnati area, bringing an expected 1,400 jobs to southwest Ohio. The Cincinnati area center will be one of five such centers around the world that will combine functions such as finance and information technology in the same place, GE said.
WASHINGTON— Weekly applications for U.S. unemployment benefits dropped 32,000 last week to a seasonally adjusted 300,000. Claims fell to their lowest point since May 2007 _several months before the Great Recession started later that year. Pennsylvania: Down 2,007, due to fewer layoffs in food service and construction.
WASHINGTON— A House Committee voted Thursday to hold a former Internal Revenue Service official in contempt of Congress for refusing to answer questions at a pair of hearings. The official, Lois Lerner, previously headed the IRS division that processes applications for tax-exempt status.
Bob Goodlatte, who chairs the House Judiciary Committee, was speaking as a member of the House Committee on Agriculture, which adopted a bill to rewrite the rules governing the Commodity Futures Trading Commission.
WASHINGTON— A group of senators seeking to protect jobs is calling on President Barack Obama's administration to fully enforce trade laws in deciding whether imported steel reinforcing bar from Turkey and Mexico unfairly undercuts U.S. prices.
April 9- Procter& Gamble Co is selling the bulk of its pet food business to Mars Inc for $2.9 billion to focus more on its personal care and cleaning brands, the companies said on Wednesday. Its pet care brands already include Pedigree, Whiska, and Royal Canin, and this deal will boost its market share as it vies with Nestle SA in the pet food market.
MCLEAN, Virginia— Procter& Gamble is crying uncle on the edible business so it can focus on its core brands like Tide detergent and Pampers diapers. Brands included in the deal include Iams, Eukanuba and Natura in North America, Latin America and certain other countries. The only business not included is in European Union countries.
WASHINGTON, April 8- U.S. lawmakers said on Tuesday they would include a ban on military contact with Russia and other measures to punish Moscow's aggression against Ukraine in the annual defense authorization bill, bringing their push for a more assertive U.S. reaction to a new front.
The Procter& Gamble Co. has updated its policy on palm oil following high-profile protests by Greenpeace at its Cincinnati headquarters. The moves came after weeks of pressure from Greenpeace, which unfurled huge banners from the company's corporate offices last month.