New York Governor Kathy Hochul is considering increasing corporate taxes to close a potential budget shortfall amid federal cuts, but that no decision has been made, a source familiar with the matter said on Friday.
The British Basketball Federation (BBF) has announced it will cease trading and begin liquidation proceedings due to a substantial and unexpected financial shortfall.
The U.S. Postal Service said on Friday it was seeking new administrative and legislative reforms as it reported a $9 billion yearly loss, down slightly from the prior fiscal year results.