After the CEO of Georgia-based Delta Airlines caved to pressure from left wing activist groups and criticized a bill signed into law requiring voter identification for absentee ballots, Georgia’s House Republicans responded by voting to strip Delta of a major tax credit.
Delta has long-enjoyed a $35 million tax credit on jet fuel in the Peach State, but Thursday night, that tax credit was jeopardized, as House Republicans voted along party lines to end it, according to The Atlanta Journal-Constitution. Read More
by Todd DeFeo Ohio is giving tax credits that could reach an estimated $23.4 million to 10 companies planning to expand their businesses in the state. The companies plan to create a total of 1,559 new jobs and retain 1,788 jobs statewide, according to development officials. The projects are… Read More
Wisconsin Gov. Tony Evers and Foxconn Technology Group officials are talking about making changes to the contract signed in 2017 that was based on constructing a larger display screen manufacturing facility than is now proposed. But neither side is giving details. So how might the deal be changed? And… Read More
by Chris White General Motor’s decision to restructure and layoff thousands of employees Monday includes eliminating a hybrid vehicle former President Barack Obama once called the car of the future for the Detroit company. GM said Monday that it will cut roughly 14,000 people in North America and will idle factories… Read More
Less than two weeks before Governor Haslam introduced his IMPROVE Act centered on a gas tax increase for road funding, Pure Foods, Inc., a recipient of $1.2 million in state economic development funds, filed for bankruptcy. The $1. 2 million from the state’s FastTrack Economic Development (ED) Fund did… Read More