The rise and fall of states on CNBC's Top States for Business ranking is a reflection of economic trends. The biggest Cinderella story: Nevada.» Read More
Ambassador to China Max Baucus said on Wednesday in the first major public address of his tenure, warning that Washington would continue to pressure Beijing. In May, Washington indicted five Chinese military officers for hacking U.S. companies, prompting Beijing to suspend a Sino-U.S. working group on cyber issues.
June 24- Coal miners and power companies are both suffering as railroads struggle to clear a backlog of coal stuck in the Powder River Basin in Wyoming and Montana after the harshest winter in over a decade.
LONDON, June 23- The United States may refuse to apply new global capital rules in the world's biggest insurance market because of the "breakneck speed" they are being pushed through, American regulators said on Monday.
June 10- PPL Corp said it would combine part of its U.S. power generation business with that of private equity firm Riverstone Holdings LLC to form a listed company, as it tries to shield itself from the volatile power market.
May 14- Hyundai Motor America said on Wednesday it would appeal a $248 million verdict awarded to the families of two boys killed in 2011 in a crash involving a Hyundai car they claimed was defective. The jurors then ordered Hyundai and its U.S. unit to pay an additional $240 million in punitive damages, Williams said.
NEW YORK, May 3- When American investor Warren Buffett addresses Berkshire Hathaway's shareholders at the conglomerate's annual meeting on Saturday, he is sure to laud the impressive growth of BNSF Railroad, his company's largest-ever acquisition.
Eleven Democratic senators urged Obama to make a final decision on whether to approve TransCanada Corp's Keystone.
Democratic senators on Thursday urged President Barack Obama to make a final decision on whether to approve TransCanada Corp's Keystone XL crude oil pipeline from Canada to the U.S. Gulf Coast no later than May 31.
There's nothing like a polar vortex to drive down inventories and boost demand for coal, still a key generator of electricity. But how long will King Coal's run last?
The U.S. average price of gasoline rose by 5 cents during the past two weeks, caused by the jump in the price of ethanol used to make gasoline.
Bitcoin exchange customers may have little chance of recovering their funds if they prove to be missing, according to legal and regulatory experts.
As many as 11 other states and Washington, D.C., are expected to consider increases in 2014. USA Today reports.
The $100 million sale seems to have become an annual rite of passage for the luxury real estate market following the financial crisis.
Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.
Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.
The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.
Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?
Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.