Texas Sends Amazon a $269 Million Sales Tax Bill

As states grapple with increasingly squeezed budgets, the battle to collect sales taxes from retailing behemoth Amazon has heated up considerably over the past year. Now, Texas has raised the ante by hitting Amazon for four ye…

Jack in the Box Closing 40 Restaurants

Jack in the Box

Jack in the Box Inc. (JACK) will close 40 under-performing restaurants, mainly in Texas and the south-east.

The fast food company will close the restaurants by the end of the fiscal year on Oct. 3, Jack in the Box said in a statement. Jack in the Box has a total of more than 2,200 restaurants.

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“These restaurant closures are expected to have a positive impact on our future earnings,…

Continue reading Jack in the Box Closing 40 Restaurants

Jack in the Box Closing 40 Restaurants originally appeared on DailyFinance on Thu, 30 Sep 2010 07:39:00.

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Chicago’s Next Mayor Could Find City Coffers Almost Empty

Chicago’s next mayor may find the city’s coffers almost empty after Richard M. Daley dipped into reserves to balance this year’s budget.

The city expects a $654.7 million deficit for 2011, Bloomberg News reported. Daley balanced this year’s budget pa…