Sport Chalet will close all stores and stop online sales and other top stories.

• Sport Chalet will close all stores and stop online sales

  Sporting goods retailer Sport Chalet is closing all its stores and has cut off online sales, its owner said Saturday.The regional chain, which was founded in La Cañada Flintridge more than 50 years ago, will remain open for several weeks while merchandise is cleared out, said owner Vestis Retail Group, a Connecticut company that bought Sport Chalet in 2014. “Thank you for your loyalty over the years. We hope to see you at our store closing sales,” Sport Chalet and Vestis said in an online state..

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• Fiery GOP rhetoric about impeaching IRS chief rings hollow after decades of inaction on tax code reform

  

  The speaker of the House flashed frustration as he addressed the National Retail Federation. “I am astonished when I go around the country at the intensity of anger at the IRS,” said the speaker. “People are determined to get the IRS out of their life. They are furious at the IRS.” “We say a tax code should go away,” suggested the House Majority Leader during an appearance before the Senate Finance Committee. “We must tear the income tax code out of by its roots so it can never come back again,..

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• ITC to resume cigarette production soon

  

  Top cigarette manufacturer ITC said it will soon resume production, after two weeks suspension due to government's strict packaging norms requiring heavy health warning. "Consequent upon a high court order passed in favour of the company (ITC), the company will soon resume manufacture of cigarettes in its factories," it said in a regulatory filing. Citing lack of clarity in the government directive mandating tobacco products packaging to be labelled with 85 percent pictorial warnings on the co..

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• ICYMI: Publix Named America's 2nd Favorite Grocery Chain

  

  LAKELAND, FL — Publix Super Markets has been named America’s second favorite grocery store for the fourth year running. The chain that beat it out for the No. 1 spot is one that didn’t even make the list in last year’s survey conducted by Market Force.“After not earning enough votes to make the list in 2015, Wegmans garnered double the votes in 2016, resulting in a score of 76 percent, enough to secure the top spot,” Market Force Information wrote in announcing the findings of its 2016 survey. P..

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• Solar Impulse 2: Sun-powered plane to resume around-the-world flight

  

  Solar Impulse 2, the solar-powered plane seeking to circle the globe, is expected to take to the skies again this coming week, having been grounded for nine months.The aircraft shattered the record for a non-stop solo flight, with pilot André Borschberg staying aloft for five days and five nights as he traversed the Pacific Ocean between Japan and Hawaii, but in the process about half the battery cells overheated.The forced interruption proved invaluable, both for the aircraft, which received s..

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• US Treasury readies new tax rules as G20 vows to fight evasion

  

  WASHINGTON The U.S. Treasury Department is finalizing new tax rules aimed at combating the use of shell companies to evade taxes, U.S. Treasury Secretary Jack Lew said on Saturday amid increased pledges by global finance leaders to cooperate on tax issues.In a statement to the International Monetary Fund's steering committee, Lew said the Treasury was finalizing a rule that would require banks to identify the beneficial owners of new customers that are companies. "In addition, we are about to ..

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