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
SACRAMENTO, Calif.— A bill that generated spirited debate over the leverage corporations such as McDonald's and Subway can hold over their franchise owners narrowly passed the Assembly on Thursday. Hannah-Beth Jackson, D- Santa Barbara, was inspired by stories of small-business owners who say they had their livelihoods taken away.
NEW YORK, Aug 14- Crude oil prices fell more than $2 a barrel on both sides of the Atlantic on Thursday, sunk by weak economic data hinting at softening oil demand and by ample supplies. The U.S. crude contract retreated more than 50 cents in a minute as shares of the exchange-traded U.S. Oil Fund saw high-volume trading.
NEW YORK— General Electric confirmed that it is considering the sale of its historic appliance division, part of its effort to focus on selling more complex and profitable industrial equipment.
NEW YORK, Aug 14- A federal judge rejected billionaire investor Steven A. Cohen's bid to dismiss lawsuits by Elan Corp and Wyeth shareholders who claimed they lost money because his firm SAC Capital Advisors LP conducted insider trading in the drugmakers' stocks.
And the Justice Department, though not advocating wholesale changes, has said it welcomes a review.
*Panamax freight rates from U.S. to Asia rise. NEW YORK/ SINGAPORE, Aug 13- Asian buyers of ultra light oil from the United States are struggling to find small-sized ships willing to undertake the month-long voyage at affordable rates as U.S.- Asia oil trade flows grow. "Why would you want to send a Panamax to Asia?
At the same time the major brokerages-- Bank of America's Merrill Lynch, Morgan Stanley, Wells Fargo and UBS-- are fighting to keep their money-making assets from walking out the door.
WATERFORD, Conn.— Federal inspectors cited the state's nuclear plant on Tuesday for three minor safety violations, including a worker who inhaled radioactive material. The Nuclear Regulatory Commission said it found three violations of "very low safety significance" in a quarterly inspection of the Millstone Power Plant on June 30.
NEW YORK— Marvel Entertainment, which muscled into pop culture with comic books, TV cartoons and movies, is gambling on attracting new fans as it tackles 3- D— but forget the silly glasses. "We pushed ourselves so much on this project to do things that have never been done before," said producer Juliette Feld, who is a Feld Entertainment executive vice president. "
NEW YORK— Amphenol, a company that makes fiber optic cables and related devices, plans to conduct a two-for-one stock split in October. Owners of Amphenol stock on Oct. 2 will get one additional share for each share they own. Shares of Amphenol Corp. have gained 28 percent over the last year.
NEW YORK— Lauren Davies had a desperate thought while stuck in traffic as she frantically drove upstate to reach her 19- year-old. Davies, from Garden City, had another thought about scooping up her young adult: "In my mind I just wanted her home.
Aug 11- Biodel Inc said its experimental insulin formulation was found more effective than current therapies in controlling glucose after two meals, in a mid-stage trial. Type 2 diabetes patients are usually given both basal and prandial insulin in a single injection such as Humalog Mix 75/ 25, Biodel said.
NEW YORK— Companies that run New York City's growing armada of double-decker sightseeing buses, like the ones involved in last week's Times Square crash, have no legal obligation to report accidents to the city agency that licenses them.
NEW YORK, Aug 7- Crude oil prices rebounded on Thursday after reports the United States was considering airstrikes on advancing Islamic militants in Iraq revived concerns about supply disruptions from OPEC's No. 2 oil producer. Brent crude gained 85 cents to settle at $105.44 a barrel, and rose more than $1 in post-settlement trading.
NEW YORK, Aug 7- Crude oil climbed on Thursday, rebounding from the lowest prices in months as the security situation in northern Iraq deteriorated, reviving concerns about supply disruptions. White House spokesman Josh Earnest would not confirm that airstrikes were being considered, saying: "There are no American military solutions to the problems in Iraq."
*Markets jittery about possible U.S. airstrikes in Iraq. NEW YORK, Aug 7- Crude oil climbed on Thursday, rebounding from the lowest prices in months as the security situation in northern Iraq deteriorated, raising concerns of supply disruptions. He said ample global supplies were still pressuring oil prices, and noted there were no disruptions in Iraq yet.
WASHINGTON, Aug 7- The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a further strengthening of labor market conditions. Initial claims for state unemployment benefits decreased by 14,000 to a seasonally adjusted 289,000 for the week ended Aug. 2, the Labor Department said on Thursday.
NEW YORK/ LONDON Aug 7- Investors fretting about the possibility of a big reversal in global stock markets may just want to borrow a slogan from the British- and just keep calm and carry on.
NEW YORK, Aug 6- Brent crude oil edged up from a nine-month low on Wednesday amid concerns over the conflict in Ukraine, while ample supply in the United States pressured prices there.
NEW YORK, Aug 5- The U.S. dollar extended a broad-based rally on Tuesday after stronger-than-expected economic data, including an 8-1/ 2- year high in the pace of services sector growth and a bigger-than-expected increase in factory orders.