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  • NY indictment: Madoff fraud stretched to the 1970s Monday, 1 Oct 2012 | 7:38 PM ET

    NEW YORK-- New York prosecutors say the multibillion-dollar fraud carried out by Wall Street swindler Bernard Madoff began as far back as the early 1970 s. The revelation comes in a rewritten indictment boosting charges against four long-time employees of the investment firm Madoff ran from his Manhattan offices.

  • Oct 1- U.S. prosecutors on Monday announced expanded charges against five former employees of Bernard Madoff's firm, in an indictment that dates the conspiracy to defraud clients to roughly two decades earlier than previously alleged.

  • Cotton ends higher after testing 70 cents Monday, 1 Oct 2012 | 5:21 PM ET

    NEW YORK, Oct 1- Cotton prices ended higher on Monday on technical buying after testing the 70- cent mark, with traders expecting renewed pressure ahead of the U.S. harvest. It found support at 70 cents, "said John Flanagan, an analyst at Flanagan Trading Corp in North Carolina. New York cotton for December delivery.

  • HOUSTON, Oct 1- Returning the damaged Crystal River nuclear unit in Florida to service could cost $3 billion and take eight years, according to an independent review of repair options commissioned by Duke Energy.

  • Justices open big term with new human rights case Monday, 1 Oct 2012 | 3:44 PM ET

    WASHINGTON-- The Supreme Court plunged into its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities. Cases involving some of the most emotional issues in American life are likely to be decided after voters choose a president and new Congress next month.

  • Estimated Progress Fla. nuke plant repair costs up Monday, 1 Oct 2012 | 2:57 PM ET

    TALLAHASSEE, Fla.-- A new report says it would cost nearly $1.5 billion to repair Progress Energy's damaged nuclear reactor at Crystal River. That's up from the St. Petersburg- based utility's prior estimate of $900 million to $1.3 billion.

  • Red Lobster _ for the non-seafood lover in you Monday, 1 Oct 2012 | 10:39 AM ET

    NEW YORK-- Red Lobster isn't just for the seafood lover in you. Red Lobster also is increasing the number of dishes that cost less than $15 to attract customers who have cut back on spending. The chain, which is owned by Darden Restaurants Inc., says a quarter of the items on its menu will be non-seafood dishes, up from 8 percent.

  • High court begins new term with human rights case Monday, 1 Oct 2012 | 12:09 AM ET

    WASHINGTON-- The Supreme Court opened its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities.

  • Utility’s Role in Convention Tests Obama Wednesday, 15 Aug 2012 | 8:58 AM ET
    President Barack Obama (L), James E. Rogers (R)

    The intersection of Duke Energy’s interests and its support for the Democratic National Convention in Charlotte is testing President Obama’s pledge to free the party’s gathering from business and lobbyist support, The New York Times reports.

  • President Barack Obama is reflected on a glass table as he appears on television screens at an electronics shop in 2008 during a segment of a 30-minute prime-time infomercial.

    If television ad spending is any guide, the White House race will come down to nine states that have absorbed an eye-popping $350 million in commercials so far.

  • Where the Wall Street Companies Are Moving Friday, 3 Aug 2012 | 11:48 AM ET
    On July 1,  published an  called “Financial Giants Are Moving Jobs Off Wall Street.” It detailed an emerging trend in which major Wall Street companies are taking swaths of on-site mid-level jobs and relocating them to less expensive locations in the U.S. This phenomenon is known as “near-shoring.”It’s easy to understand the rationale. The terrorist attacks of Sept. 11, 2001, the financial crisis of 2008 and the Dodd–Frank Act of 2010 had a cumulative effect on many of these companies’ bottom li

    Which locations have Wall Street companies chosen for their mid-level operations? Read ahead to find out.

  • Texas Is America's Top State for Business Tuesday, 10 Jul 2012 | 4:30 PM ET
    Dallas, Texas

    The Lone Star State is tops again, displacing Virginia, which didn't even finish second this year. And who's last? Rhode Island.

  • Maryland routinely ranks behind Virginia and North Carolina in CNBC's "Top States for Business" study because of a poor showing in these two areas, says Larry Hogan, chairman of Change Maryland.

  • $8.25 Million Glass House Tuesday, 3 Jul 2012 | 2:37 PM ET
    Behold the Taghkanic House, presiding over a gentleman’s farm in upstate New York’s Hudson Valley, a two-hour drive from New York City.  The most visible part of this largely invisible contemporary home consists of an 1,800-square-foot glass pavilion. Glass houses always raise questions of privacy. However, in this case such practical concerns are addressed so that the majority of the home's living space consists of hidden subterranean chambers.

    Behold the Taghkanic House, presiding over a gentleman’s farm in upstate New York’s Hudson Valley, a two-hour drive from New York City.

  • Salvaged Sanctuaries: Homes Made from Junk Friday, 15 Jun 2012 | 4:53 PM ET
    Location: Berkeley, Calif.This small and very green two-bedroom home designed by  incorporates more than 100 salvaged car roofs on its second-story walls. The roofs were harvested from gray cars that were left for scrap at junkyards. The awnings were formed from Dodge Caravan side windows. (The firm’s website points out that what was once America’s bestselling minivan is now one of junkyards’ most commonly found minivans.) The first floor exterior walls are lined with poplar bark, a waste produc

    As the world gets more crowded and landfills fill up more of the land, people are looking for ways to build homes using fewer raw materials and more repurposed old materials.

  • Campaigns Blitz 9 Swing States in a Battle of Ads Friday, 8 Jun 2012 | 11:19 AM ET
    Mitt Romney and Barack Obama

    The presidential campaigns and their allies are zeroing in mainly on nine swing states, bombarding them with commercials in the earliest concentration of advertising in modern politics, The New York Times reports.

  • Indiana's Lugar in Fight as Voters Decide 4 Primaries Tuesday, 8 May 2012 | 11:08 AM ET
    Senator Richard Lugar

    With Mitt Romney expected to coast to victory in three GOP presidential primaries, Indiana Senator Richard Lugar's re-election fight is the highest-profile contest in four states.

  • 'Hunger Games' Mill Town for Sale Tuesday, 3 Apr 2012 | 4:55 PM ET
    Henry River Mills Hunger Games Movie North Carolina

    Until recently, Henry River Mill Village in Hildebran, N.C., was deserted and mostly forgotten. That all changed when The Hunger Games cast and crew descended upon North Carolina last summer to shoot the movie.

  • Scarcity Solutions: Apple's Solar Solution     Friday, 30 Mar 2012 | 2:25 PM ET

    CNBC's Jane Wells reports Apple's plan to "green" its image by building a powerful data center that could potentially draw 10-15 percent of its power from solar energy.

  • Rock Star Homes Wednesday, 28 Mar 2012 | 1:32 PM ET
    Musicians often have humble beginnings to their careers, sometimes playing on a subway platform or performing on the street for spare change. For the lucky ones who attain musical super stardom, they can afford previously unheard-of luxuries. And some of them buy star-worthy homes.This collection features the habitations of performers from rock to pop and beyond. We’ve got two glamorous homes associated with American Idol, and two not-to-be-believed properties in New York City. Let’s begin this

    This collection features the habitations of performers from rock to pop and beyond. We’ve got two glamorous homes associated with 'American Idol,' and two not-to-be-believed properties in New York.