Here's a list of the most expensive states to live in, as ranked by CNBC, based on metrics such as average home, food and energy prices.» Read More
NEW YORK, July 8- U.S. prosecutors may still be building a case against imprisoned swindler Bernard Madoff's only surviving son, who according to sources was one of the "co-conspirators" mentioned in a plea deal by a Madoff associate last month. Mark Madoff committed suicide in December 2010 at the age of 46 on the second anniversary of Bernard Madoff's arrest.
*Libya lifts force majeure on oil exports from two ports. NEW YORK, July 7- Brent and U.S. crude oil futures fell on Monday to the lowest levels in a month as Libya prepared to resume oil exports from two ports closed nearly a year, and as supply from Iraq remained unaffected by violence sweeping the OPEC country.
HARTFORD, Conn.— Connecticut Democrats are pushing back against tea party Republicans, demanding Monday that the GOP-led House of Representatives back a little-known and embattled banking agency that helps finance U.S. exports.
NORTH KINGSTOWN, R.I.— Submarine maker Electric Boat plans to double its workforce in Rhode Island to build a new class of submarines under a $95 billion Navy program, welcome news in the state with the nation's highest unemployment rate.
This week the Supreme Court allowed some employers with religious scruples to opt out, but most companies appear to be going in the opposite direction. The institute is the research arm of IMS Health, a Connecticut- based technology company that uses pharmacy records to track prescription drug sales.
WASHINGTON— U.S. employers accelerated their hiring last month, adding a robust 288,000 jobs and helping drive the unemployment rate to 6.1 percent, the lowest since September 2008.
In a decision late Wednesday, Chief Judge Janet Hall of the U.S. District Court in New Haven, Connecticut, ruled prosecutors sufficiently proved that Jesse Litvak, 39, had lied to customers about the prices of residential mortgage-backed securities, in an effort to make more money for Jefferies and for himself.
*Payrolls much higher than forecast, unemployment rate matches lowest since Sept 2008. NEW YORK, July 3- U.S. stocks were set to rise at the open on Thursday after the unemployment rate fell to its lowest in almost six years and the American economy created many more jobs than forecast.
DETROIT— Subaru is recalling more than 660,000 cars and SUVs because the brake lines can rust and leak fluid, and that can mean it will take longer to stop the vehicles.
WASHINGTON— The United States in May finally recovered all the jobs lost to the Great Recession. But 32 states still don't have as many jobs as they did when the recession officially began in December 2007. The rankings from best to worst:.
The allegations are contained in a wrongful termination lawsuit filed June 20 in U.S. District Court by the driver, Peter Malaszuk, against the 57- year-old Rajaratnam. The lawsuit also names as defendants Rajaratnam's wife, Asha Pabla, and the Synamon Management Group, a South Carolina- based company she owns, which employed Malaszuk.
This is Brynwood Partners' third acquisition from Nestle USA in the past 14 months, with others including Joseph's Gourmet Pasta Co. Pearson Candy Co., a portfolio company of Brynwood Partners VI, bought the Bit-O-Honey brand from Nestle USA last year.
NEW YORK— Coverage of a devastating Oklahoma tornado won an award for deadline reporting and a story on the aftermath of the Connecticut school shootings won one for feature writing from the Associated Press Media Editors for journalism excellence by AP staffers.
Data provider CoreLogic said Tuesday that prices increased 8.8 percent in May compared with 12 months earlier. The pace of gains has slowed as more homes have come onto the market, according to CoreLogic. But CoreLogic's monthly figures aren't adjusted for seasonal patterns, such as warmer weather, which can affect sales.
June 30- U.S. prosecutors have recommended that Jesse Litvak, the former Jefferies Group Inc trader convicted of defrauding investors in mortgage bond trades after the financial crisis, be sentenced to nine years in prison and a $5 million fine.
The Supreme Court dealt a blow to public sector unions Monday, ruling that thousands of home health care workers in Illinois cannot be required to pay fees that help cover a union's costs of collective bargaining.
NEW YORK, June 27- Mathew Martoma, a former SAC Capital Advisors portfolio manager convicted of insider trading, should be sentenced to a "substantial" term of prison beyond the eight years recommended by probation officers, U.S. prosecutors argued Friday. In court papers filed in New York federal court, prosecutors urged U.S.
*Iraq's southern oilfields remain safe- U.N. envoy. NEW YORK, June 26- Crude oil on both sides of the Atlantic fell on Thursday as fears eased over export disruptions from war-ravaged Iraq, allowing market participants to take some profit off the table. Iraq is OPEC's second-largest producer.
NEW YORK, June 26- Fund managers are making a big bet on Snoopy, Lucy and Charlie Brown.
*Iraq's southern oilfields remained safe- U.N. envoy. NEW YORK, June 26- U.S. crude lost over a dollar and Brent slipped on Thursday as fears eased over export disruptions from war-ravaged Iraq, OPEC's second-largest producer.