Veteran U.S. Senator Thad Cochran of Mississippi narrowly defeated challenger Chris McDaniel in a runoff election.» Read More
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.
New York Governor Andrew Cuomo, a Democrat, has backed the proposed increase to $8.50 from the current $7.25 an hour, but the bill has met heavy resistance in the state senate, where Republicans have a power sharing agreement with a breakaway group of Democrats.
A study of the U.S. burger business has shown which state holds the biggest portion of the segment. The Christian Science Monitor reports.
WASHINGTON, June 16- For 15 years, Massachusetts has been the most economically evolved U.S. state, according to an index released on Monday by the Information Technology and Innovation Foundation. California, Washington, Maryland, Colorado, Virginia, Connecticut, Utah and New Jersey rounded out the top 10 states.
NEW YORK, June 11- House Majority Leader Eric Cantor's shocking defeat isn't likely to have much effect on U.S. financial markets-- unless his departure emboldens Tea Party Republicans to again threaten a government shut-down over the debt ceiling next year, investment strategists said.
DETROIT, June 5- The United Auto Workers union said on Thursday it will announce as soon as next week a plan to organize workers at the Daimler AG Mercedes-Benz plant in Alabama. Casteel did not offer details of the UAW's plan in Alabama.
Do Republicans support Thad Cochran in a runoff and risk damaging tea partyer Chris McDaniel, who could wind up their nominee? Politico's Ben White reports.
CNBC's John Harwood reports the latest results in the GOP's primary for Senate. It was a good night for the tea party, says Harwood.
Decatur, Illinois, rolled its spot bid to 95 cents over August futures on Tuesday. *Old-crop FOB Gulf soybean basis offers fell 5 cents, with June at 90 cents over and July at 85 cents over July futures. *CBOT July soybeans ended 19-1/ 4 cents lower at $14.81-1/ 4 a bushel while November soy closed 8 down at $12.21-3/ 4.
CNBC's John Harwood reports on political spending associated with the primary in Mississippi.
NEW YORK, June 3- Standard& Poor's suffered a defeat Tuesday in litigation accusing it of inflating credit ratings prior to the 2008 financial crisis, as a federal judge ruled that lawsuits by 16 U.S. states and Washington, D.C. belong in state courts, not federal court.
The Mississippi primary Tuesday represents the most surprising wild card in the partisan fight for control of the Senate.
CHICAGO, May 23- The U.S. Agriculture Department is known for its army of statisticians packing yardsticks and calculators to measure wheat and count soybeans. "We're going to get them, oh yes we are," said Jason Wilking with USDA's Animal and Plant Health Inspection Service, which has put out bids for 11 scopes since April 7.
Odds are you guessed Florida, or maybe Arizona- two sunny states that have long been popular with the senior set. Lois O'Grady lives in Vermillion, South Dakota. But the region has another thing going for it: South Dakota was recently named the best state to retire in the nation, handily defeating retiree hot spots like Florida.
WASHINGTON, May 20- Lockheed Martin Corp said on Tuesday that more than 100 union members who had been on strike at a Mississippi space center since late last week voted to accept the company's contract offer and would return to work on Wednesday.
Corn Belt and Delta region of the Midwest eased in the first quarter of 2014 compared with the previous quarter as bidding for grain acreage and rents tracked lower grain prices over the winter and expectations for this year, the Federal Reserve Bank of St. Louis said on Thursday.
MOSCOW, May 12- Russian steelmaker Severstal has received bids from potential buyers for its North American operations, a Russian source familiar with the matter said on Monday. Severstal's operations in the United States consist of steel plants in Dearborn, Michigan and Columbus, Mississippi.