WASHINGTON - Traditional retailers and cash-strapped states face a tough sell in the House as they lobby Congress to limit tax-free shopping on the Internet.
The Senate voted 69 to 27 Monday to pass a bill that empowers states to collect sales taxes from Internet purchases.
Under the... more »
GULFPORT, Miss. - A federal judge has sentenced a 26-year-old New Orleans man to three years in prison for identity theft involving $10,000 in purchases. U.S. District Judge Walter J. Gex III sentenced Matthew Hawthorne on Wednesday and ordered him to make restitution and serve three years of post-release supervision.... more »
WASHINGTON- The Federal Reserve will spend $45 billion a month to sustain an aggressive drive to keep long-term interest rates low. And it set a goal of keeping a key short-term rate near zero until unemployment drops below 6.5 percent. The policies are intended to help an economy that the... more »
BATON ROUGE- The Louisiana High School Athletic Association is suing the state, after allegations of misspending by former LHSAA Commissioner Tommy Henry.
A state audit indicates there is a lack of records for more than 2,300 purchases totaling nearly $400,000. There is also an ongoing investigation by the IRS.... more »
The Louisiana High School Athletic Association doesn't know if it will make former Commissioner Tommy Henry pay back the $131,000 state auditors said he spent.
State auditors said Henry admits many of the 2,000 purchases he made from 2005 to 2007 were personal.
They said he spent $50,000... more »