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CNBC's Jane Wells explains how Charles Ramsey came to the rescue at McDonald's. » Read More |
Three missing women in Cleveland, Ohio, were discovered by a neighbor Charles Ramsey. CNBC's Brian Shactman has the details. » Read More |
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CLEVELAND-- KeyCorp said Thursday that its board approved a 10 percent increase to the bank's dividend, raising it to 5.5 cents. The parent of KeyBank, which is based in Cleveland, last raised its dividend a year ago. The dividend will be paid on June 14 to shareholders as of May 28.
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May 13- Michigan's biggest city is "clearly insolvent" and needs to restructure its debt and renegotiate its labor contracts to address its problems, Detroit's emergency financial manager said on Monday.
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NEW YORK/ WASHINGTON, May 12- When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether he would be able to sell his home quickly. It took just three days.
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DETROIT, May 12- Six weeks into his work as Detroit's emergency manager, former bankruptcy lawyer Kevyn Orr has found the city's finances in worse shape than expected, with long-term debt at $15 billion, $2 billion worse than figures disclosed before he took the job.
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CHICAGO-- Fitch Ratings on Friday cut Sherwin-Williams Co.' s ratings to "A-" from "A," citing the additional debt and risk related to its pending acquisition of a Mexican paint company. Fitch originally placed Sherwin-Williams' ratings under review in November after it announced plans to buy Consorcio Comex SA de CV in a deal worth about $2.34 billion, including debt.
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He zeroed in on the local impact from $85 billion in across-the-board federal government spending cuts, known as sequestration, that went into effect at the beginning of March because Congress could not agree on an alternative.
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He zeroed in on the local impact from $85 billion in across-the-board federal government spending cuts, known as sequestration, that went into effect at the beginning of March because Congress could not agree on an alternative.
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WASHINGTON, May 7- Dysfunction in Washington is one of the biggest drags on the U.S. economy, undermining confidence and crimping growth, Treasury Secretary Jack Lew said on Tuesday.
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WASHINGTON, May 7- Dysfunction in Washington is one of the biggest drags on the U.S. economy, undermining confidence and crimping growth, Treasury Secretary Jack Lew said on Tuesday.
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CNBC's Jane Wells explains how Charles Ramsey came to the rescue at McDonald's.
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Three missing women in Cleveland, Ohio, were discovered by a neighbor Charles Ramsey. CNBC's Brian Shactman has the details.
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ANCHORAGE, Alaska, May 4- A remote but long-restless Alaska volcano rumbled to life on Saturday with three explosions and started emitting a continuous plume of ash, steam and gas in an area important to air traffic, scientists said.
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April 30- Standard& Poor's on Tuesday released its Standard& Poor's/Case-Shiller home price index for February.
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*Adjusted earnings $0.60/ share vs $0.85/ share a year earlier. *Revenue slips 6 percent to $1.14 billion* Talks with government on Black Thor chromite still on hold.
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*Boeing at more than 5- yr high after earnings. NEW YORK, April 24- The S&P 500 and Nasdaq ended flat on Wednesday with Boeing's five-year high among the day's highlights, but weakness in Procter& Gamble and AT&T kept the Dow in negative territory.
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NEW YORK, April 5- Major stock markets tumbled, the dollar fell, while Treasury prices rallied on Friday after a much weaker-than-expected U.S. jobs report added to fears the U.S. economic recovery was losing steam.
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*F5 Networks plunges after weak outlook, weighs on peers. NEW YORK, April 5- U.S. stocks dropped more than 1 percent on Friday in the wake of payrolls data that was much weaker than expected, the latest in a series of reports to indicate economic growth may be losing momentum.
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*F5 Networks plunges in premarket after weak outlook. NEW YORK, April 5- U.S. stock index futures pointed to a drop of more than 1 percent at the open on Friday, following a payroll report that was much weaker than expected, the latest in a series of reports to indicate that economic growth may be losing momentum.
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*S&P 500 up 10 percent for quarter, best in a year. NEW YORK, March 28- The S&P 500 set a record closing high on Thursday, finishing a fifth consecutive month of gains to extend a four-year rally.
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CHICAGO/ CLEVELAND, March 27- Three Federal Reserve doves on Wednesday stoutly defended the central bank's bond buying to spur U.S. growth, but one official normally viewed as a centrist suggested it would not take much more improvement in job creation to warrant scaling it back.