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Rivers including the Mississippi and Illinois are expected to remain in "major flood stage" through this weekend, as more rain and snow fell on much of the Midwest. NBC News reports.
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NEW YORK-- Shares of Shoe Carnival Inc. rose to an all-time high Friday after the footwear retailer managed to beat Wall Street predictions for fiscal first-quarter earnings, despite a 14 percent drop year over year.
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Helio Castroneves and Dario Franchitti will be trying to become four-time Indianapolis 500 champions, four women will roll off the starting grid, a local boy is on the pole and a group of dynamic rookies that includes A.J. Allmendinger is there to add intrigue.
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DETROIT, May 23- Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in technology startups. The fund, IncWell LP, will provide initial investments ranging from $50,000 and $250,000.
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PINE MOUNTAIN, Ga.-- The head of Southern Co. called the decision to write off $540 million in extra costs on a Mississippi power plant "a bitter pill for us to swallow," but he defended the project Wednesday as a long-term investment for the large utility.
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LOS ANGELES-- The incoming mayor of Los Angeles was able to defeat a fellow Democrat by depicting her as a pawn of utility union bosses in a city long friendly to labor, an outcome expected to echo beyond California as unions nationwide face threats to their clout.
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DETROIT, May 22- Ford Motor Co is adding a week of production at most of its North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share. Ford's U.S. rivals, General Motors Co and Chrysler Group LLC, are also limiting downtime this year.
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The department made the acknowledgement in a response to a class action lawsuit that alleges Indiana collected up to $30 million more than it should have by charging drivers more for licenses than allowed by law.
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TRENTON, N.J.-- Drugmaker Pfizer Inc. plans to try to sell its controlling stake in its former animal health business, Zoetis Inc., through a voluntary stock exchange with Pfizer shareholders.
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Helio Castroneves and Dario Franchitti will be trying to become four-time Indianapolis 500 champions, four women will roll off the starting grid, a local boy is on the pole and a group of dynamic rookies that includes A.J. Allmendinger is there to add intrigue.
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CNBC has been ranking all 50 states for competitiveness since 2007. This year's report comes as states continue to get back in fighting shape—fighting for jobs, that is.
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We score all the states on 55 measures of competitiveness and 10 categories, from the cost of doing business to technology and innovation.
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NEW YORK-- Hhgregg Inc.' s shares tumbled Tuesday after the electronics and appliance retailer reported a slightly better-than-expected fiscal fourth-quarter profit, but its revenue fell well short of Wall Street predictions. THE SPARK: Hhgregg said late Monday that it earned $9.9 million, or 31 cents per share.
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The insurer's work with government-sponsored programs like Medicaid and Medicare will fall under a Government Business Division. Much of that growth will start next year, when people will be able to buy health insurance with income-based tax credits and the state-federal Medicaid program for the poor and disabled people will expand in many states.
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Three farms in Iowa and one Indiana operation have confirmed cases of the virus, said Dr Lisa Becton, director of swine health information and research for the National Pork Board. The cases in Iowa were located on farms "all across the state, not in one specific area," Becton said.
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May 20- Monsanto Co is hosting a "Bee Summit." Bayer AG is breaking ground on a " Bee Care Center." Monsanto, Syngenta, Bayer and other agrichemical companies say other factors such as mites are killing the bees.
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CHICAGO-- United States Cellular Corp., the sixth-largest cellphone carrier in the country, on Friday closed on the sale of some of its Midwestern markets to No. 3 Sprint Nextel Corp. and announced that it's handing over the proceeds to shareholders through a special dividend.
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WASHINGTON, May 17- Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday. A handful of states, including Illinois, Delaware, Indiana, Wisconsin, Mississippi and New Hampshire saw their jobless rates rise over the year.
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LAS VEGAS-- Nevada regulators have approved Pinnacle Entertainment Inc.' s buyout of rival Ameristar Casinos Inc.. Pinnacle Entertainment Inc. has said the acquisition would save it at least $40 million a year and boost earnings. Ameristar's holdings include casinos in Missouri, Iowa, Colorado, Mississippi, Indiana and Nevada.
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"Signs of moderation in farmland value gains emerged," the bank said of its district, which includes most of Iowa, Wisconsin, Michigan and northern Illinois and Indiana. " The land price trends mirror what was reported on Wednesday by the Kansas City and St Louis Federal reserve banks for the first quarter.
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Wheat fell on technical selling and seasonal pressure as the U.S. harvest neared, with the Chicago Board of Trade July contract hitting a six-week low.