Breaking down the latest examples of the government involving itself in everything, with Bill Burton, former deputy White House press secretary, and Hadley Heath, Independent Women's Forum. Bitcoins, North Carolina's new voter ID fight, JPMorgan's "whale" of a problem, and BP fighting the EPA.» Read More
They want the EPA to force nine states- Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, Tennessee, Virginia and West Virginia- to regulate the emissions that cross into their borders through prevailing winds and contribute to higher ozone levels to the north and east of the upwind states.
NEW YORK, Dec 9- Wall Street was set for a slightly higher open on Monday, supported by inflation data from China but gains were likely to be capped with a number of top Federal Reserve officials lined up to speak throughout the day.
They want the EPA to force nine "upwind" states- Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, Tennessee, Virginia and West Virginia- to regulate the emissions that cross into their borders through prevailing winds and contribute raising ozone levels to the north and east of them.
NEW YORK, Dec 9- U.S. stocks were little changed on Monday as investors waited for a number of top Federal Reserve officials to speak throughout the day for hints on the future of the central bank's stimulus plans. *Richmond Fed President Jeffrey Lacker will speak at an economic outlook conference in Charlotte, North Carolina at 12:30 a.m. ET.
The storm was moving up the East Coast, with snow, sleet, and freezing rain expected from Baltimore, Maryland, to north of Boston, according to the National Weather Service. The system was expected to reach Philadelphia and New York City by Sunday afternoon and linger over the area through Monday morning's rush hour commute.
Dec 6- A federal judge has granted final approval to Bank of America Corp's record $500 million settlement with investors who claimed they were misled by the bank's Countrywide unit into buying risky mortgage debt. Countrywide had been the largest U.S. mortgage lender before Bank of America bought it in July 2008.
Shares of Family Dollar Stores Inc. fell in midday trading Friday after an analyst lowered his rating, price target and earnings estimates for the discount retailer. THE BIG PICTURE: Family Dollar runs more than 8,000 stores in 46 states.
TORONTO, Dec 5- Royal Bank of Canada Chief Executive Gordon Nixon will step down next summer after 13 years at the helm of Canada's largest bank, handing the reins to the RBC's retail banking head, Dave McKay, the bank said on Thursday. Nixon is the longest-serving of Canada's current crop of bank CEOs, but at 56, by no means the oldest.
DURHAM, N.C.-- North Carolina is poised for an economic boost thanks to laws authorizing fracking and by opening the door wider to more alternative energy production, Gov. Pat McCrory predicted Wednesday before state business leaders.
WASHINGTON, Dec 5- The U.S. economy grew faster than initially estimated in the third quarter as businesses aggressively accumulated stock, but underlying domestic demand remained sluggish and buoyed the case for the Federal Reserve to keep up its stimulus for now.
Dec 4- SPX Corp said it would sell its 44.5 percent stake in EGS Electric Group LLC to partner Emerson Electric Co for $571 million to focus on its main business of making pumps, valves and mixers to process and transport fluids.
RALEIGH, N.C.-- A long-anticipated $200 million ethanol plant that will turn grasses grown on North Carolina hog farms into motor fuel will go ahead, Gov. The plant operated by Biochemtex, a partnership headed by Italy- based Gruppo Mossi& Ghisolfi, plans to employ 65 people in three years near Clinton in Sampson County.
The shares fell 83 cents, or 3.3 percent, to close at $24.55, then tumbled another $3.33, or 14 percent, to $21.22 in after-hours trading. Krispy Kreme Doughnuts Inc. said Monday that it earned $6.8 million, or 9 cents per share, in the quarter ended Nov. 3. That compared with year-ago profit of about $5 million, or 7 cents per share.
Dec 2- A surge of visitors clogged the U.S. government's revamped healthcare insurance shopping website on Monday, signaling that President Barack Obama's administration has a way to go in fixing the portal that showcases his signature domestic policy.
The Nasdaq got a boost from the technology sector, with Apple up 1.9 percent at $556.07, Microsoft Corp up 1.4 percent at $38.13 and Amazon Inc up 1.8 percent at $393.62. We wouldn't be shocked at all to see the small and mid-cap names lag a little bit, "said Ryan Detrick, senior technical strategist with Schaeffer's Investment Research, in Cincinnati.
Nov 27- Researchers have found a higher rate of dangerous blood clots in patients who received Thoratec Corp's HeartMate II heart pump than had been seen in clinical trials or prior experience, according to a study published on Wednesday. The findings were reported in the New England Journal of Medicine.
Nov 27- Researchers have found a higher rate of dangerous blood clots forming in patients who received Thoratec Corp's HeartMate II heart pump than had been seen in clinical trials or prior experience, according to a study published on Wednesday.
Nov 27- A wintry blast of heavy rain, wind and snow across the eastern United States disrupted Thanksgiving travel plans on Wednesday for some of the millions of Americans hitting the roads and taking to the skies on the busiest holiday travel day of the year.
WASHINGTON-- A federal jury Tuesday found a Somali man who acted as a negotiator for pirates aboard a hijacked ship not guilty of piracy, but had not yet reached a verdict on two lesser charges. Ali Mohamed Ali, 51, who would have faced a mandatory life sentence if convicted of piracy, smiled and embraced one of his lawyers after the verdict was announced.
WASHINGTON, Nov 26- The maximum size of U.S. home loans that taxpayer-owned Fannie Mae and Freddie Mac can buy will hold steady next year, their regulator said on Tuesday, deferring a decision on when to pull back government support for the housing market.