BRUNSWICK, Maine, April 21- Maine Governor Paul LePage on Tuesday proposed amending the state's constitution to eliminate the income tax, telling lawmakers the strategy was the best way to make the tax cut he desires permanent. The proposal, opposed by Democrats who control the state House of Representatives, would insert language in the state's 195- year old...» Read More
Pimco rose 1.35 percent in January after posting its worst annual loss since 1994 last year, preliminary data from Morningstar showed on Monday.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
A Canadian National Railway train carrying fuel oil and other hazardous materials derailed and was leaking in southeast Mississippi on Friday, forcing the evacuation of nearby residents, officials said.
Tyson Foods said it expects pork supplies to drop 2-4 percent this fiscal year, raising wholesale prices, as a pig virus spreads.
A New York state judge approved most of Bank of America Corp's $8.5 billion settlement with investors in mortgage securities.
Samsung is fighting Apple's bid for a permanent sales ban on some Samsung smartphones, which Apple claims infringe on its patents.
While more than a quarter of US states owed more in pensions than revenues in 2012, but things are improving, Moody's reports.
The House of Representatives passed an controversial farm bill Wednesday that cuts spending by about $23 billion.
Long-term foreign investors say they are sticking with Thailand despite its political woes but the threat of worsening chaos may scare away new money.
"Ride Along," a buddy cop comedy starring Kevin Hart and Ice Cube, raced to the top of the weekend box office charts for the second week in a row, collecting $21.2 million in ticket sales.
Karl Slym, managing director of India's Tata Motors, died on Sunday after falling from a high floor of a hotel in Bangkok, the company said.
Michaels, the biggest U.S. arts and crafts retailer, said on Saturday it is working with federal law enforcement officials to investigate a possible data breach on its systems that process payment cards.
The DoJ and the CFTC have both held investigations into whether BofA engaged in improper trading by doing its own futures trades ahead of executing large orders for clients.
Samsung Electronics Co posted its first decline in quarterly profit in two years, hit by a one-off special bonus as well as slowing smartphone sales.
EBay reported a higher profit for the holiday quarter as more transactions were paid with its PayPal service.
The Mortgage Bankers Association said its index of mortgage application activity rose in the latest week.
A U.S. cybersecurity firm says it has gathered evidence that the Russian government spied on hundreds of American, European and Asian companies.
A local currency hit by months of political unrest, and skittish consumers spending less are keeping the pressure on Thai billionaire Dhanin Chearavanont.
Discount airline Norwegian Air Shuttle ASA said on Tuesday that a fuel leak on a Boeing Co 787 Dreamliner caused a flight to be delayed by 19 hours.
"Results are running light, and negative announcements have been off the hook," one analyst said amid a spate of disappointing reports.