Posts Tagged Government business and finance

Business raids cost Kansas City millions in taxes

In this April 24, 2012, photo Cliff Illig, left, co-founder of Cerner Corp., and Kansas Gov. Sam Brownback, 2nd from left, participate with other officials for the groundbreaking for Cerner's new office complex in Kansas City, Kan., after the state lured the franchise away from Missouri by topping its best offer. The states of Missouri and Kansas are divided here only by the yellow stripe of State Line Road. It may be a single metropolitan community, but one in which the two states have burned through hundreds of millions of dollars in the past five years to lure businesses from one side of that stripe to the other in the pursuit of jobs.  (AP Photo/John Hanna)
In this April 24, 2012, photo Cliff Illig, left, co-founder of Cerner Corp., and Kansas Gov. Sam Brownback, 2nd from left, participate with other officials for the groundbreaking for Cerner's new office complex in Kansas City, Kan., after the state lured the franchise away from Missouri by topping its best offer. The states of Missouri and Kansas are divided here only by the yellow stripe of State Line Road. It may be a single metropolitan community, but one in which the two states have burned through hundreds of millions of dollars in the past five years to lure businesses from one side of that stripe to the other in the pursuit of jobs.  (AP Photo/John Hanna)

KANSAS CITY, Kan. (AP) — The states of Missouri and Kansas are divided here only by the yellow stripe of State Line Road. It’s a single community, but the division is sharp when it comes to the cutthroat business of economic development.

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NM pays $22M in credits to ‘Avengers’

ALBUQUERQUE, N.M. (AP) — New Mexico shelled out millions in movie tax credits to have a co-starring role in “The Avengers.”

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Colo. man charged with taking Navajo Nation funds

ALBUQUERQUE, N.M. (AP) — Federal authorities say a man who allegedly spent millions of Navajo Nation funds for personal use has been indicted on federal tax evasion charges.

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Tuesday, May 15, 2012

AP IMPACT: New US plans delay some evacuations, cut practice for major nuclear plant accidents

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Dimon survives votes on pay, chairmanship

Protestors hold signs outside the gate of JP Morgan Chase annual stockholders meeting held Tuesday, May 15, 2012, in Tampa, Fla. JPMorgan Chase CEO Jamie Dimon, facing shareholders five days after the bank disclosed a $2 billion trading loss, said Tuesday that the company's mistakes were "self-inflicted." (AP Photo/Scott Iskowitz)

TAMPA, Fla. (AP) — The CEO of JPMorgan Chase offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that “should never have happened” and survived a push to strip him of the title of chairman of the board.

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