CNBC's Eamon Javers reports two American aid workers infected with Ebola are being treated at Emory Hospital in Atlanta today and the U.S. Centers for Disease Control and Prevention is sending 50 additional experts to Africa.» Read More
NEW YORK— American cities looking to be more innovative in how they address local issues can now get a helping hand from former New York City Mayor Michael Bloomberg's charitable foundation. "We're asking cities to do so much more," said James Anderson, who leads the government innovation programs at the foundation.
WASHINGTON, Aug 20- Mike Yack has left the workforce twice in the last eight years and calls himself retired, yet at age 62 the former General Motors employee does not consider his working life over. Yack, who says he can get by on Social Security and his GM pension, is among millions of Americans who could re-enter the U.S. labor force if the economy improves.
It all makes Sonia Rao, a stay-at-home mother of a 1- year-old in Mountain View, California, "a little uncomfortable." WASHINGTON— U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines.
ATLANTA— Home Depot's fiscal second-quarter net income surged 14 percent thanks to a rebound in its spring selling season. "These results support the view of a continued recovery in the U.S. home-improvement market," Frank Blake, Home Depot's CEO, told investors during its earnings call. Home Depot also has been helped of late by an improving U.S. housing market.
The latest announcement came this week from executives at SCANA Corp., which has been warned by its builders the startup of the first of two new reactors in South Carolina could be delayed two years or more.
ATLANTA— Coca-Cola Co. will acquire a 16.7 percent stake in Monster Beverage Corp. for $2.15 billion as part of an effort to boost growth. Coca-Cola will also place two directors on the Corona, California- based energy drink company's board.
The SEC said Toth called his financial advisor and arranged to buy 5,000 shares of O'Charley's after his client revealed the impending acquisition during a tax-planning meeting. Nash bought 10,000 shares, while Schlossberg tipped his business partner, Moshe Manoah, and the two of them jointly bought stock using an account held by Manoah's wife, the SEC said.
JACKSON, Miss.— Mississippi Power Co. says a key part of its $5.5 billion Kemper County power plant is operational. It comes even as Mississippi Power completes the permanent fuel source, a part of the plant that will turn lignite coal into synthetic gas.
NEW YORK— You can have Bill Cosby in the palm of your hand. Netflix is announcing performances by both comics and three more, set to roll out this fall. Taped at Boston's Wilbur Theatre, it finds Jefferies weighing in on diverse topics such as politics, new fatherhood, orgies and Neil Diamond.
ATLANTA— State labor officials say Georgia's unemployment rate has risen to 7.8 percent. The Georgia Department of Labor on Thursday announced the new jobless figure, which is up from 7.4 percent in June. State Labor Commissioner Mark Butler said the increase is mostly due to temporary, seasonal layoffs in local government and manufacturing.
VAISHALI, India— The executives mingled over tea and sugar cookies, and the chatter was upbeat. "We're here not only to run our businesses, but to also serve the nation," said Abhaya Shankar, a director of India's Asbestos Cement Products Manufacturers Association.
MONROVIA, Liberia— Liberia announced Monday that it would soon receive doses of an experimental Ebola drug and give it to two sick doctors, making them the first Africans to receive some of the scarce treatment in a spiraling outbreak.
NEW YORK— A Georgia judge has denied a motion by General Motors to dismiss a wrongful death case against the automaker and set a trial date for April 2016.
Spokesman Michael Thomas said Friday that Delta eliminated the program after the airline and vendor DFASS Group were unable to agree on terms. DFASS handles sales on airlines including Air Canada and Hong Kong Airlines and operates stores at more than 25 airports in North America, Latin America and the Caribbean, according to its website.
LONDON— The World Health Organization urged nations worldwide to donate money and resources to stop the spread of Ebola as it declared the outbreak in West Africa to be an international public health emergency. It emerged in Guinea in March and has since spread to Sierra Leone, Liberia and Nigeria.
WASHINGTON/ CHICAGO, Aug 7- The director of the U.S. Centers for Disease Control and Prevention told lawmakers on Thursday he has activated the agency's emergency operation center at the highest response level to fight the worst Ebola outbreak in history.
ATLANTA— A report shows Georgia's revenues totaled nearly $1.49 billion in July, an increase of 5.5 percent over the same month a year ago. Nathan Deal said Thursday that both individual and corporate income tax collections were up, along with gross sales tax collections.
Aug 7- Intercontinental Exchange Inc on Thursday reported higher second-quarter earnings as the exchange and clearing house operator worked to integrate its $11 billion purchase of the New York Stock Exchange's parent company.
ATLANTA— IntercontinentalExchange Group's second-quarter profit climbed 47 percent and topped Wall Street expectations as it sold off assets that had belonged to the NYSE. Revenue more than doubled to $750 million from $372 million, though Wall Street was looking for something closer to $794.8 million, according to Zacks.
*Operation "White Shield" begins in north Liberia. MONROVIA/ DAKAR, Aug 6- Health workers in West Africa appealed on Wednesday for urgent help in controlling the world's worst Ebola outbreak as the death toll climbed to 932 and Liberia shut a hospital where several staff were infected, including a Spanish priest.