New housing data show the consumer environment is still healthy, investment pros tell CNBC.» Read More
NEW YORK-- United Parcel Service Inc. is expected to offer a subdued view of the global economy when it reports its third-quarter results before the market opens Tuesday. Smaller rival FedEx Corp. said the same in September. Last month FedEx unveiled a plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused assets.
DETROIT-- The National Highway Traffic Safety Administration is investigating complaints that children have been trapped in Graco car seats because the buckles won't unlatch.
The hard-rocking country music star made a whirlwind run around the eastern U.S. on Thursday, announcing shows at Boston's Fenway Park, Chicago's Wrigley Field and on the University of Georgia campus in the space of 12 hours. Aldean will make the first appearance by a country music performer at Fenway Park, home of the Boston Red Sox.
LOUISVILLE, Ky.-- General Motors plans to idle Corvette production in Kentucky for six months to prepare for the next generation of the iconic sports car. The automaker laid out its schedule Thursday for revamping its assembly plant in Bowling Green for the all-new 2014 model.
ATLANTA-- Georgia labor officials say the state's seasonally adjusted unemployment rate dropped to 9 percent in September, which is down from 9.2 percent in August. The Georgia Department of Labor announced the figures early Thursday morning.
BRUNSWICK, Ga.-- Business jet manufacturer Gulfstream Aerospace Corp. says it plans to add about 35 employees to its operations in Brunswick, Ga. to keep up with an expanding workload finishing aircraft. Mark Burns, president of Gulfstream Product Support, says the move will increase the company's workforce in Brunswick by about 20 percent.
JACKSON, Miss.-- A line of severe storms packing strong winds and possible tornadoes swept across the Southeast overnight, injuring four people in Mississippi, downing power lines and trees and damaging homes around the region, authorities said early Thursday. At least six northern counties in Mississippi reported damage, Rent said.
JACKSON, Miss.-- Mississippi has long been one of the sickest and poorest states in America, with some of the highest rates of obesity, diabetes and heart disease and more than 1 in 7 residents without insurance. And so you might think Mississippi would jump at the prospect of billions of federal dollars to expand Medicaid.
Fifth Third's net income available to common shareholders fell to $354 million, or 38 cents per share, from $373 million, or 40 cents per share, a year earlier.
Southwest Airlines eked out a small third-quarter profit in spite of a September slowdown, the company said on Thursday. Southwest has been using a mix of fare increases and sales to try to get its prices to a level that travelers will pay.
BOSTON-- Jason Aldean will be making history at one of baseball's most historic sites. Aldean will be the first country music star to play a concert at Fenway Park, the iconic home of the Boston Red Sox.
At the University of Cincinnati, 200 students were expected to turn out to watch the second debate between Barack Obama and Mitt Romney. "It goes without saying that the knives were out," said Karim Aladmi, a 21- year-old international affairs major from Dayton, Ohio, who wore a suit and tie for the occasion.
Read ahead to see what they are, and find out what employment data, industries and companies are located there to make them top destination states.
TUPELO, Miss.-- Regional bank Renasant Corp. said profit in 2012' s third quarter rose 8 percent from the same three months of 2011, as the bank set aside less to cover bad loans and made lower interest payments to savers.
ST. PAUL, Minn.-- Ecolab is selling its vehicle care operations to Zep Inc. for about $120 million in cash as part of its strategy to shed non-core businesses. Zep, based in Atlanta, makes cleaning and maintenance products and services for commercial, industrial, institutional and consumer markets.
NEW YORK-- PepsiCo Inc.' s net income dipped 5 percent in the third quarter as the snack food and beverage maker poured more money into bolstering its flagship brands and developing new products that position it for the future.
DRINK UP: The Coca-Cola Co. and drug maker Sanofi are partnering to launch a line of "beauty drinks" in France. SMALL TEST: Coca-Cola declined to give details but said in a statement that the drinks will be sold in a "small scale pilot" limited to a number of pharmacies in the country.
NEW YORK-- In picking Michael Corbat to take over as CEO of Citigroup, the board of directors chose a low-profile veteran of the bank _ a sharp contrast to Vikram Pandit, his suddenly departed predecessor. Corbat, 52, has spent his entire career at Citigroup and its affiliated businesses.
NEW YORK-- The Coca-Cola Co. and Sanofi are partnering to launch a line of "beauty drinks" in France. The Coca-Cola business unit in France said in a statement that the drinks will be sold in a "small scale pilot" limited to a number of pharmacies in the country.
NEW YORK-- The Coca-Cola Co. has a formula for growth in the volatile economic climate: sell more of its drinks in emerging markets and evolve its stable of products at home, where concerns over sugary drinks are intensifying.