The explosions and fire, which critically injured three people, occurred across the Mobile River from where the Carnival Triumph is being repaired.
One of the Federal Reserve's most hawkish officials confronted one of the institution's most dovish policymakers on Tuesday in a rare joint public debate over the risks posed to inflation by the U.S. central bank's bold steps to spur growth.
Mike Khouw of CRT Capital, offers insight on how options traders are playing Carnival Corp. after its cruise nightmare.
Carnival Triumph passengers disembarked from 10:15pm ET to 1am ET. NBC's Chris Pollone reports the latest.
NBC's Jay Gray reports passengers aboard Carnival Triumph say conditions are getting worse; and Debra Borchardt of TheStreet says her sister-in-law and niece are aboard the cruise right now, and offers insight on what they're saying.
The Carnival Triumph is being towed to a port in Mobile, Alabama, after an engine fire left it adrift in the Gulf of Mexico. NBC's Janet Shamlian is awaiting the ship's arrival.
A U.S. judge accepted an agreement by BP to plead guilty for its role in the Deepwater Horizon disaster and pay a record $4 billion in criminal penalties for the worst offshore oil spill in U.S. history.
Just two weeks before his second inauguration, President Obama is acting as if he believes he has a big mandate for his next term. The latest sign: his decision to defy a concerted campaign against his choice for defense secretary.
Eugene Lee, president of ETL Associates, tells CNBC that the game between Alabama and Notre Dame will lead to huge revenues across the board.
The latest symbol of the college football arms race is not the coaches’ salaries themselves but rather the money that university officials are spending to buy out those huge contracts when a coach falters.
DECATUR, Ala.-- An Alabama utility crew heading to New Jersey has returned home, claiming it had to affiliate with a union to help with the recovery effort after Superstorm Sandy. But union officials, a New Jersey utility company and the governor say they were are mistaken.
NEW YORK, Oct 28- Earnings season may be only half over, but the focus on profits should subside this week as investors turn their attention to the coming election and Friday's jobs data- the last major economic indicator before the Nov. 6 contest.
*BP, Justice Department seek to settle civil, criminal charges.
NEW YORK, Oct 26- Earnings season may be only half over, but the focus on profits should subside next week as investors turn their attention to the coming election and Friday's jobs report, the last major data release before the Nov. 6 contest.
DEFIANCE, Ohio-- Mitt Romney is trying to close the deal with voters by focusing on their economic concerns, an area where polling shows the Republican nominee has an edge heading into the final days of the campaign.
GREENVILLE, S.C.-- John McCain's presidential bid won South Carolina by 9 percentage points four years ago. Yet, this year's GOP vice presidential nominee, Paul Ryan, is campaigning in these reliably Republican states _ to pick up cash more than extra votes.
BIRMINGHAM, Ala.-- Hospital operator HealthSouth Corp. reported a smaller third-quarter profit Thursday as expenses increased, though company results still beat Wall Street expectations. HealthSouth said revenue increased 7.9 percent to $537 million as the company treated 4.2 percent more patients in the quarter.
ST. PAUL, Minn.-- An election-eve terrorist strike. Democratic President Barack Obama and Republican rival Mitt Romney are on guard for anything that could push the presidential race from its taut course. They've got a plan and they are now going to execute it, "said Carter Eskew, a top strategist for Democrat Al Gore during a 2000 campaign that came up just short."
The suit, filed Wednesday by the top federal prosecutor in Manhattan, also underscored how Bank of America's purchase of Countrywide in July 2008, just before the financial crisis, backfired severely. He also charged that Bank of America has resisted buying back soured mortgages from Fannie Mae and Freddie Mac, which bought loans from Countrywide.
BATESVILLE, Ark.-- Peco Foods says it will add 300 jobs in eastern Arkansas by expanding a feed mill in Newark and a processing plant in Batesville. Peco Foods announced the expansion Wednesday alongside local leaders and Gov. Peco Foods is the eighth-largest poultry processor in the United States.