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.
But the Mountain States of Arizona, Colorado, Idaho, Nevada and Utah saw rates fall by 30 percent or more. In 22 states, teen Hispanic birth rates plunged at least 40 percent, which was described as "just amazing," by the report's lead author, Brady Hamilton of the Centers for Disease Control and Prevention.
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.
We score all the states on 55 measures of competitiveness and 10 categories, from the cost of doing business to technology and innovation.
May 18- Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. Texas joins four other states that have sued BP and other companies in connection to the spill: Florida and Mississippi filed complaints last month, while Alabama and Louisiana did in 2010..
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.
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.
In the 11 weeks following the storm, Nassau County Executive Ed Mangano reaped at least $144,000 in donations from companies his administration hired to cut trees, repair infrastructure and haul debris, according to an Associated Press analysis of campaign finance and county records.
LONDON, May 16- Enhanced oil recovery techniques could boost U.S. domestic oil production by 4 million barrels per day for 50 years, while storing all the emissions from 93 large coal-fired power plants, at a price of just $85 per barrel, according to an estimate published by the U.S. Department of Energy.
Plains states rose 20 percent in the first quarter from a year earlier, with acreage commanding record prices because of red-hot demand for cropland in the world's biggest food-exporting nation, the Federal Reserve Bank of Kansas City said on Wednesday.
A New York Federal Reserve report suggests that college grads swamped by debt may be victims of forces greater than their willingness to pay.
Plains states rose 20 percent in the first quarter from a year earlier, with acreage commanding record prices because of red-hot demand for cropland in the world's biggest food exporting nation, the Federal Reserve Bank of Kansas City said on Wednesday.
JACKSON, Miss.-- Democrats in the Mississippi Legislature say they're working on proposals to keep Medicaid alive and funded in the budget year that starts July 1.
In impassioned speeches during a public roundtable Tuesday at the U.S. Securities and Exchange Commission, Minnesota Democrat Al Franken and Mississippi Republican Roger Wicker accused the big three rating agencies of issuing shoddy ratings, and blamed the problems on the "issuer-pay" model in which the firms are paid by the companies they rate.
The American Homebrewers Association estimates there are 1 million home brewers nationwide, with about 5,000 of them in Alabama. Alabama and Mississippi had been the last states to ban home brewing, but Mississippi passed a law in March.
But the case for reform is weak and there is little chance of a significant change owing to TVA's powerful political connections.
In Denver, Colorado, for instance, treatment for heart failure ranges from $21,000 to $46,000, according to the data on services used in the 100 common hospital stays covered by the Medicare program for the elderly and disabled. In Jackson, Mississippi, fees for the same treatment range from $9,000 to $51,000.
May 7- Southern Natural Gas Co said in a website posting that expansion-related work at the Enterprise natural gas compressor station in Mississippi was completed and the station returned to service on Monday.
NEW YORK, May 6- The CME Group intends to launch at least two new U.S. crude oil futures contracts before the end of this year, as the rapid growth in U.S. oil production and infrastructure boosts liquidity in Gulf Coast spot markets.
May 3- PepsiCo Inc severed ties with rapper Lil Wayne on Friday over a graphic reference to slain U.S. civil rights figure Emmett Till in a song. Lil Wayne, 30, had been the face of the PepsiCo drink Mountain Dew's "Deweezy" campaign, a play on the rapper's "Weezy" nickname.