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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Taxpayer Advocate Service Feed

Nike misses North America revenue estimates, shares drop

Thu, Mar 21, 2019

This is the first time in six quarters that Nike has failed to beat total revenue estimates....

Disney-Fox merger could cause thousands of layoffs

Thu, Mar 21, 2019

In a note to employees on Wednesday, Disney CEO Bob Iger wrote that after executives at both companies spent the year studying how to integrate the companies, there are still “challenges” ahead in doing so....

Stocks close up on technology, consumer goods strength

Thu, Mar 21, 2019

Investors will now keep a close watch on trade talks between the United States and China as top U.S. officials travel to Beijing to resume negotiations....

Levi Strauss shares surge 31 percent in return to stock market

Thu, Mar 21, 2019

The denim company sold shares at $17 apiece....

NCAA March Madness to cost employers $13.3B in lost productivity, firm says

Thu, Mar 21, 2019

The rise of streaming services has made it easier than ever for workers to sneak a peek at the NCAA tournament during office hours....

Bring on the mead: NY state now licensing farm meaderies

Thu, Mar 21, 2019

New York state is offering new licenses to operate farms for the production of mead, an alcoholic beverage made by fermenting honey with water....

Levi Strauss readies for prime time in the public markets

Thu, Mar 21, 2019

Levi Strauss & Co., which gave America its first pair of blue jeans, is going public for the second time....

European, Canadian regulators to do own review of Boeing jet

Thu, Mar 21, 2019

Boeing's grounded airliners are likely to be parked longer now that European and Canadian regulators plan to conduct their own reviews of changes the company is making after two of the jets crashed....

New Fed forecast for 2019: Slower growth and zero rate hikes

Thu, Mar 21, 2019

The Federal Reserve sent a stark message Wednesday: The economy is slowing....

AP PHOTOS: Remembering the Exxon Valdez oil spill

Thu, Mar 21, 2019

It was just after midnight on March 24, 1989, when an Exxon Shipping Co. tanker ran aground outside the town of Valdez, Alaska, spewing millions of gallons of thick, toxic crude oil into the pristine Prince William Sound....