The league will make a final vote on the future of the King's relocation issue, reports CNBC's Jane Wells.» Read More
WASHINGTON, May 16- President Barack Obama's energy and environment team took two steps forward on Thursday after the Senate confirmed Ernest Moniz as energy secretary and the Senate environment panel cleared Gina McCarthy to get a full Senate vote to lead the Environmental Protection Agency. "Glad to see the Senate work and Dr.
NEW YORK-- Shares of Amyris Inc. fell Thursday after a law firm said it has filed a federal securities class action lawsuit against the company, saying Amyris misled investors about its production capabilities. THE SPARK: Milberg LLP said its lawsuit will include investors who bought Amyris securities between April 29, 2011 and Feb. 8, 2012.
NetApp Inc.' s shares rose Thursday on a report that hedge fund Elliott Management is pushing for major changes at the data storage company. THE SPARK: A report by Bloomberg, citing an unidentified person familiar with the situation, said Elliott has proposed new directors for NetApp's board and has asked the company to return cash to shareholders.
SAN JOSE, Calif., May 16- One of the most urgent questions in economics today is the connection between inequality and growth. That is because one of the big economic facts of our time is the surge in income disparity, particularly between those at the very top and everyone else.
HOUSTON, May 16- Independent western U.S. refiner Tesoro Corp may take ownership of BP Plc's 240,000 barrel per day Carson, California, refinery, 800- station retail network and distribution and storage assets as early as June 1, said sources familiar with the transaction on Thursday.
SAN FRANCISCO, May 16- Intel Corp's new CEO Brian Krzanich said on Thursday that under his leadership the top chipmaker will be more responsive to customers in an intensified focus on the fast-growing smartphone and tablet market where it lags its rivals.
WASHINGTON, May 16- A Democratic-controlled Senate committee backed President Barack Obama's choice to lead the Environmental Protection Agency on Thursday, sending the nomination to the full U.S. Senate for a confirmation vote. The full Senate is expected to vote later on Thursday on whether to confirm nuclear physicist Ernest Moniz as U.S.
Shares of Jack in the Box Inc. fell Thursday after the fast-food operator reported disappointing fiscal second-quarter revenue and was downgraded by at least one analyst. Jack in the Box also said it expects earnings from continuing operations of $1.55 and $1.65 per share for the full year. It also franchises Qdoba Mexican Grill sites across North America.
By Huw Jones and Dena Aubin. LONDON/ NEW YORK, May 16- Company balance sheets could swell by trillions of dollars under an international plan issued on Thursday by two accounting bodies to show more clearly the cost of leasing everything from photocopiers to property.
BUENOS AIRES, May 16- Argentina has the world's second largest reservoir of unconventional oil after the United States, concentrated in the Vaca Muerta megafield, said Ali Moshiri, president of Latin American and African operations for U.S. oil giant Chevron.
SAN DIEGO-- California home prices neared a five-year high in April as sales picked up for mid- to high-end properties, a research firm said Wednesday. The median price for new and existing houses and condominiums hit $324,000, up 22.7 percent from $264,000 a year earlier, DataQuick said.
CANNES, France-- The Cannes Film Festival got off to a blockbuster, if stormy start, as Baz Luhrmann's "The Great Gatsby" opened on a soggy French Riviera. Amid heavy rain, dancing flappers flocked down the Cannes red carpet Wednesday night, bringing a touch of the Jazz Age to the Croisette. "
SPRINGFIELD, Ill.-- Politics has long been a family business in Illinois, a place where who you know _ and who you're related to _ matters more than most. Though the election is a year away, the possible candidates include both a Daley and a Madigan _ two surnames that represent the royal families of Illinois politics, the local equivalent of the Kennedys or Bushes.
WASHINGTON-- Congressional Republicans and Democrats on Wednesday challenged Attorney General Eric Holder over the Justice Department's handling of the investigation of national security leaks and its failure to talk to The Associated Press before issuing subpoenas for the news service's telephone records.
Shares of Tesla Motors Inc. shot higher in premarket trading on Thursday after it said it would offer stock and notes in an $830 million deal that will allow it to pay down its debt to the U.S. government. Palo Alto, Calif.- based Tesla said it will offer 2.7 million shares of its common stock and $450 million in convertible senior notes.
NEW YORK-- Cisco shares soared before Thursday's opening bell after the networking equipment company posted better-than-expected results for its most recent quarter. In premarket trading, Cisco shares jumped $2.20, or 10.4 percent, to $23.41. Citi analyst Kevin Dennean backed his "Buy" rating for Cisco shares and boosted his price target by $2 to $26.
*Neighborbood of 110 homes in Granbury bears brunt of damage. DALLAS, May 15- At least six people were killed and scores more injured when tornadoes ripped through a stretch of Texas near Dallas-Fort Worth after dark on Wednesday, destroying homes and uprooting trees, authorities said.
DALLAS, May 15- At least six people were killed and scores injured when tornadoes ripped through a stretch of Texas near the Dallas-Fort Worth area after dark on Wednesday, destroying homes and uprooting trees, authorities said.
WELLINGTON, May 16- Megaupload founder Kim Dotcom has won the right to demand the United States hand over all the evidence in its online piracy case against the internet entrepreneur, New Zealand's Supreme Court ruled on Thursday.
With top intelligence officials warning that cyber attacks have replaced terrorism as the leading threat against the United States, the White House and lawmakers have spent months discussing how to improve the flow of information between the government and the private sector.