CNBC's Scott Cohn reports from the Patapsco Wastewater Treatment Plant in Baltimore, Maryland, where the city has budgeted $3 billion over the next several years to fix the system.» Read More
Jos. A. Bank Clothiers Inc. disclosed Thursday that Ohio's attorney general is looking into some of its advertising and marketing practices. Kate Hanson, a representative for Ohio Attorney General Mike DeWine, said the office could not comment under state law.
*Third-quarter adj earnings/share $0.51 vs est $0.49. Dec 5- Men's suit retailer Jos. A. Bank Clothiers Inc said comparable-store sales rose in November, suggesting its new strategy of offering more straight discounts rather than buy-one-get-more offers was paying off.
Dec 5- Suit and tuxedo retailer Jos. A. Bank Clothiers Inc, the target of a takeover offer from bigger rival Men's Wearhouse Inc, reported a 2 percent rise in quarterly profit as new promotions boosted total sales. Men's Wearhouse last month bid $1.5 billion for the company after Jos. A. Bank withdrew an offer to buy Men's Wearhouse.
WASHINGTON-- The D.C. Council voted unanimously Tuesday to increase the District of Columbia's minimum wage to $11.50 an hour, one of the nation's highest. Last month, suburban Montgomery and Prince George's counties in Maryland also approved raising their minimum wages to $11.50.
BOSTON/ WASHINGTON Dec 3- Are proxy advisory firms giving mutual funds too much help with their homework? That question is due for airing at a event in Washington on Thursday focused on the role of proxy advisers like Institutional Shareholder Services and Glass, Lewis& Co. that help funds decide how to vote at corporate annual meetings.
Dec 3- Patients who are being treated for a leading cause of blindness among the elderly might be able to scale back on eye injections if trials confirm the potential of an eye drop being developed by a small New York- based company.
Shares of Osiris Therapeutics Inc. slipped in premarket trading Tuesday, a day after the stem cell therapy developer announced that President and CEO C. Randal Mills will leave for personal reasons.
CONCORD, N.H.-- Linda Ficken isn't nervous about confronting the former traveling hospital technician who infected her with hepatitis C. But she is a bit worried about losing her temper.
Geostellar, a startup backed by power producer NRG Energy Inc, is seeking to become the Expedia or Orbitz of the solar industry-- a one-stop shop where consumers can not only compare the benefits of leasing solar panels versus buying them outright, but ultimately sign up to install a system.
*Tech adviser cites dramatic improvement since Oct. 1. Dec 1- Two months after the disastrous launch of a website that is a key component of President Barack Obama's healthcare law, administration officials said on Sunday they had met their goal of getting the HealthCare.gov site running smoothly but warned that it needs more fixes.
NEW YORK-- Osiris Therapeutics said Friday that Medicare reimbursement rates for outpatient use of its wound care product Grafix should stay the same for about two more years. Shares of Osiris Therapeutics Inc. rose 64 cents, or 3.8 percent, to $17.59.
OLYMPIA, Wash., Nov 26- A voter initiative to enact a $15 minimum wage for thousands of workers in a Seattle suburb that houses the region's main international airport won a narrow victory on Tuesday that proponents hailed as a signal moment in the nationwide fight for livable wages.
MUMBAI, Nov 25- Lupin Ltd, India's No. 4 drug maker by revenue, may come from the land of cheap generics but it is betting on high-margin branded drugs in the United States to drive growth.
WASHINGTON, Nov 24- Despite humiliation, solitary confinement and having a gun held to his head during the U.S. Embassy crisis in Iran three decades ago, former hostage Bruce Laingen still favors diplomacy with Tehran.
Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.
WASHINGTON, Nov 21- Republicans in the U.S. House of Representatives will pursue a stopgap government funding bill that keeps "sequester" automatic spending cuts in place if congressional negotiators fail to reach a budget deal, U.S. House Speaker John Boehner said on Thursday.
NEW YORK, Nov 21- A federal judge on Thursday denied a petition to release alleged Silk Road founder Ross Ulbricht from jail before his trial, concluding that the bail proposal his defense team presented was not strong enough to dispel worries that the 29- year-old would try to flee or take violent action.
Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.
*Dominated by big groups such as Goldman Sachs, Glencore. LONDON/ NEW YORK, Nov 21- Sweeping warehouse rule changes proposed by the London Metal Exchange will spur a resurgence of independent storage firms after several years of dominance by big groups such as Goldman Sachs and Glencore Xstrata.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.