David Samson, chairman of the Port Authority of New York and New Jersey, speaks to workers from Newark International Airport on Feb. 19, 2014 in New York City.
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Business Latest: Bridgegate resignation

 

BRIDGEGATE: Gov. Chris Christie says the chairman of the Port Authority has resigned amid continuing questions about politically inspired lane closures near the George Washington Bridge. Read more

IS CUBA SAFE FOR INVESTORS?: The Cuban government says it will halve the profit tax it charges to foreign enterprises on the island, and NBC reports that it will allow foreign-owned enterprises as well. But some firms trying to do business on the island indicate that Cuba may still be a dangerous bet for foreign investors. Read more

HOW RISING PRICES WILL CHANGE OUR EATING HABITS THIS YEAR: Expect more Americans to be serving hamburgers instead of steak for dinner in the coming months. After a couple of years in which food prices stayed relatively stable, prices of certain foods – including, most notably, beef – are on the rise again. Economists say that will likely mean some Americans, and especially low-income shoppers, trade out the pricier foods in their grocery cart for more reasonably priced ones. Read more 

STOCK GAINS MOSTLY EVAPORATE AS INVESTORS POSITION FOR QUARTER’S END: Read more

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Business Latest: Bridgegate resignation