Veteran U.S. Senator Thad Cochran of Mississippi narrowly defeated challenger Chris McDaniel in a runoff election.» Read More
New Mexico, Nevada, Louisiana and Arizona round out the bottom five states. Tennessee was one of five states that showed the biggest improvements in the last year, moving from 39th to 36th. In education, a focus of major reform in Tennessee the last few years, the state improved from 42nd to 37th.
NEW YORK— Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Steel Dynamics Inc. said Monday that it will pay about $1.63 billion for Severstal Columbus, which is located in northeast Mississippi.
WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.
TUPELO, Miss.— Renasant Corp. has announced second-quarter earnings of $14.85 million, a record amount for the 110- year-old financial holding company. Renasant's net income of 47 cents per share was 3 cents higher than consensus estimates, and was 85 percent higher than the $8.1 million, or 32 cents a share, recorded during last year's second quarter.
The Democratic Congressional Campaign Committee raised $10.9 million from donors in June and has $50.9 million in its bank accounts, officials said. At the same time, the National Republican Congressional Committee said donors gave another $9.6 million to the committee tasked with keeping House Republicans in the majority.
But with a steady supply of locally grown food from the Common Market food hub, Jefferson now serves vegetables like bok choy and asparagus, creamy yogurts from Amish country and omelets with locally sourced cage-free eggs and spinach.
SPOKANE, Washington— The solar panels that Idaho inventor Scott Brusaw has built aren't meant for rooftops. "We need to rebuild our infrastructure," said Brusaw, the head of Solar Roadways, based in Sandpoint, Idaho, about 90 miles northeast of Spokane, Washington.
ATLANTA— The two Republicans vying for Georgia's open Senate seat have spent a combined $11 million so far on the race, with just over a week to go before the July 22 runoff. The race is among a dozen being watched nationally as Republicans seek control of the Senate. Sam Nunn, will be able to claim the Georgia seat and help them keep a majority in the Senate.
LONDON, July 10- Fossil fuels will remain an indispensable part of the global energy supply for at least the next 50 years, so a means must be found to burn them without pumping carbon dioxide into the atmosphere.
July 9- State Street Corp has reached $70 million in settlements to end three lawsuits claiming it inflated its share price by overcharging clients on foreign exchange services and falsely representing that its investments in mortgage-backed securities were safe.
WASHINGTON— In an increasingly global economy, just 1 in 10 teenagers around the world is able to make some key— but complex— financial decisions, including choosing among various loans or analyzing invoices and pay slips.
*California is one of the biggest markets in U.S. for Honda. *Move comes after Honda learned of air bag incident in California. "While this case does not match the areas that NHTSA has determined, Honda is adding California into the areas in which it is conducting a regional recall in order to investigate the cause," the Honda spokeswoman said.
July 1- Lockheed Martin Corp, Pentagon's biggest defense supplier, said it will move existing employees to a defined-contribution retirement plan by Jan.1, 2020, becoming the latest company to freeze its expensive defined-benefit pension plan.
A three-judge panel of the 6th U.S. Circuit Court of Appeals in Cincinnati rejected claims in 67 of the cases. Among the defendants in the various cases were Eli Lilly& Co, which won regulatory approval for Darvon in 1957 and Darvocet in 1972, and generic drug makers such as Mylan Inc and Teva Pharmaceutical Industries Ltd..
*Takata CEO says still examining recall costs- shareholder. TOKYO, June 26- Japanese auto parts maker Takata Corp could face a $500 million charge and a net loss this year- its second in three years- as a widening recall of air bag inflators begins to kindle worries despite its deep pockets.
These states have made the biggest gains since the Great Recession by reforming regulations and offering incentives to attract investment.
Mississippi offers low business costs, including the lowest wages. But a plaintiff-friendly legal system has kept businesses away.
The Mississippi Senate runoff between Thad Cochran and Chris McDaniel has turned into a proxy war for feuding Republican factions.
The Mississippi runoff election between Sen. Thad Cochran and challenger Chris McDaniel holds big implications for the future of the GOP, reports CNBC's John Harwood.
*Honda, Nissan, Mazda recall vehicles for potential Takata air bag issue. TOKYO/ DETROIT, June 23- Honda Motor Co and other Japanese automakers on Monday recalled almost 3 million cars with potentially explosive air bags supplied by Takata Corp, bringing the total recall so far to about 10.5 million vehicles over the past five years.