Supreme Court upholds tax break for DaimlerChrysler Jeep plant
The Supreme Court ruled 9-0 that Toledo taxpayers lack standing to challenge nearly 300 million in tax incentives for DaimlerChrysler AG's Jeep plant. Chief Justice Roberts said the claimed injury was speculative and not directly traceable to the tax decision. The ruling limits taxpayer challenges to government spending.
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Supreme Court
Toledo
DaimlerChrysler AG
Jeep
John Roberts
DaimlerChrysler
America
Congress
W. Frank Fountain
Herman Blankenship
Ohio
U.S
6Th
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Enron chiefs accused of hocus-pocus in collapse case
Prosecutor Kathryn Ruemmler told jurors Kenneth Lay and Jeffrey Skilling engaged in accounting tricks and lies to run Enron as the company collapsed in a historic scandal. She cited Lay’s remark that rules should not enslave them and presented a culture of deception.
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Enron Corp
Kenneth Lay
Jeffrey Skilling
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Skilling
Kathryn Ruemmler
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Ruemmler
Enron
IRS cracks down on credit counselors
IRS audits of 41 agencies led to revocation or termination of tax-exempt status for some of the nation’s largest credit counseling services. IRS Commissioner Mark Everson said the two year probe found the groups mainly preyed on debt ridden customers. the IRS did not identify the organizations.
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Washington
Internal Revenue Service
IRS
Mark Everson
Midway Mall under new owner eyes local store mix
Centro Properties spokesman Mitchell Brown outlines plans to restore Midway Mall to its original name and asks for community input on missing stores. The acquisition, valued at 98.5 million dollars, will include renovations and a push to attract tenants while balancing investment goals with local demand.
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Midway Mall
Mitchell Brown
Centre Properties
Elyria Mall
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Centro
Malachy Kavanagh
International Council of Shopping Centers
Kavanagh
Barnes & Noble
Colorado
Macerich Co
Westcor Partners
U. S
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