"Beer has to have water," says the manager of one brewery, who noted that a typical can of beer is 92 percent water.» Read More
The National Weather Service has issued winter storm warnings and watches for a wide swath of the northern U.S. from northern Idaho to northern Michigan with predictions of more than a foot of snow in many areas and temperatures dipping 20 to 30 degrees below normal. A cold front associated with the storm will dump rain on the lower Great Lakes, Ohio Valley and as...
Oct 30- Everyone wants to be an eagle in investing and most fail, but the important thing to remember is: everyone can be a cockroach. This is best exemplified, among large long-term investors, by the widespread adaption of the Endowment Model, sometimes called the Yale Model because it was pioneered there with great success by David Swensen. This approach, in...
The decision, from the 9th U.S. Circuit Court of Appeals in San Francisco, came one day after the U.S. Supreme Court let stand similar rulings from appeals courts in other parts of the country.
Oct 6- Wealthy Americans contributed less of their incomes to charity while low and middle-income residents gave more in the years surrounding the Great Recession, according to a newly released report by The Chronicle of Philanthropy. Idaho, Georgia, Connecticut and Florida also ranked high on the list of increased givers. Utah residents gave the biggest...
Softbank's investment in a Hollywood movie studio represents the coming out party for two new players in the US entertainment industry.
Oct 2- Softbank Corp's investment in a Hollywood movie studio represents the coming out party for two new players in the U.S. entertainment industry-- the Japanese telecommunications company and Nikesh Arora, the former Google Inc executive running a new media and internet company. Two months after unexpectedly decamping from Google for SoftBank, Arora...
WASHINGTON, Oct 2- The U.S. Supreme Court is set to decide in a case coming from Idaho whether private medical providers can sue a state in order to raise Medicaid reimbursement rates to deal with rising medical costs. Medicaid is a federal health insurance program for lower-income people that is administered by the states. Idaho's lawyers say that in order to...
SINGAPORE, Sept 28- When popular Chinese handset maker Xiaomi Inc admitted that its devices were sending users' personal information back to a server in China, it prompted howls of protest and an investigation by Taiwan's government. The affair has also drawn attention to just how little we know about what happens between our smartphone and the outside world.
The company raised about $161.4 million after its offering was priced at $12 per share, the low end of its expected price range of $12- $14. Smart and Final, backed by private equity firm Ares Management LP, is selling all the 13.45 million shares in the offering. Ares Management bought Smart and Final from Apollo Global Management LLC in 2012 for $975 million.
WASHINGTON, Aug 20- Mike Yack has left the workforce twice in the last eight years and calls himself retired, yet at age 62 the former General Motors employee does not consider his working life over. Yack, who says he can get by on Social Security and his GM pension, is among millions of Americans who could re-enter the U.S. labor force if the economy improves.
SEOUL/ SAN FRANCISCO, Aug 6- Samsung Electronics Co Ltd and Apple Inc said they had agreed to drop all patent litigation outside the United States, scaling down a protracted legal battle between the smartphone rivals.
Micron reported higher profit in the first quarter, helped by strong sales at its Elpida business and a recovery in chip prices.
Idaho's governor says the corrections department will take over operation of the largest privately run prison in the state.
Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.
Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.
The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.
Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?
Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.