The Supreme Court ruled that the victims of former Texas tycoon R. Allen Stanford's massive Ponzi scheme can go forward with class-action lawsuits.» Read More
NEWARK, N.J.-- Authorities say an executive with the NBA's New Orleans Hornets has been charged with criminal possession of a weapon after a handgun was found in his checked baggage at New Jersey's Newark Liberty International Airport.
The decision conflicts with rulings by several other federal circuits, possibly setting the stage for a Supreme Court challenge.
WASHINGTON, Oct 2- Last year's sale from U.S. emergency crude oil reserves has helped battle shrinking capacity or "creep" at the 62 salt caverns in Texas and Louisiana that form the Strategic Petroleum Reserve, the Energy Department's inspector general said on Tuesday.
HOUSTON, Oct 1- Entergy Corp and ITC Holdings Corp took another step to advance Entergy's $1.78 billion plan to spin off its electric transmission business, late last week.
DENVER-- CenturyLink Inc. workers in 13 western states have voted to authorize a strike if union leaders can't reach a new contract with the communications company. The union and Monroe, La.- based CenturyLink are trying to reach a new contract for 13,000 employees, who formerly worked for Qwest Communications, before the current contract expires Saturday night.
MONTGOMERY, Ala.-- Alabama Power's agreements to purchase wind-generated power put it among the leading investor-owned utilities in the Southeast to pursue the renewable source, a national organization said.
Oct 1- Standard& Poor's Ratings Services said today that it assigned its' BB' issue-level rating and' 4' recovery rating to Monroe, La.- based incumbent telephone company CenturyLink Inc.' s.
John Ketterer complained that white co-workers at the Yellow Transportation Inc terminal in Dallas subjected him to harassment including obscene slurs, circling him in a threatening way and throwing a lit firecracker at him for his support of black and Hispanic co-workers.
*Front month at highest mark since December 2011. NEW YORK, Oct 1- U.S. natural gas futures rose more than 3 percent early on Monday, lifted to their highest mark this year amid forecasts for cooler weather in the coming days and strong nuclear power plant outages. As of 9: 4 6 a.m. EDT, front-month November natural gas futures on the New York Mercantile Exchange.
About two-thirds of the auctioned items were from Clyde Barrow and Bonnie Parker, but items also came from other notorious criminals, including Al Capone, Pretty Boy Floyd and John Dillinger.
*Hearings to start Oct. 15, extend into December* Entergy wants plant to run for another 20 years* New York Governor Cuomo opposes license renewal By Scott DiSavino.
HOUSTON-- Boardwalk Pipeline Partners LP said Monday that Boardwalk Acquisition Co., a joint venture with an affiliate of its general partner, completed its acquisition of PL Midstream LLC from PL Logistics LLC for about $625 million.
*Entergy wants plant to run for another 20 years. Oct 1- A three-judge panel of the U.S. Nuclear Regulatory Commission will start hearings Oct. 15 on challenges to the license renewal application for Entergy Corp's Indian Point nuclear power plant north of New York City.
Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.
CNBC's Scott Cohn reports the latest details of severe flooding in Louisiana.
Reports indicate many oil production facilities were spared from damage from Hurricane Isaac, but John Hofmeister, Citizens for Affordable Energy founder & CEO, explains why Port Fourchon is still very vulnerable.
Donald Allee, Mississippi State Port Authority executive director & CEO, explains how the impact of Hurricane Isaac is disrupting trade in the Gulf.
CNBC's Scott Cohn and Brian Shactman, along with meteorologist Todd Gross, track Hurricane Isaac as it makes its initial landfall and produces a dangerous storm surge.
Reports say that water has flowed over the top of a flood defense in South East Louisiana today where Hurricane Isaac has caused huge rains. CNBC's Brian Shactman reports from the middle of the storm in New Orleans.
NBC's Jay Gray is in New Orleans with the progress of the storm from Hurricane Isaac.