Life insurers are avoiding taxes without leaving the country, saving as much as $100 billion in federal taxes, the NYT reports.» Read More
Oct 4- Boeing Co said on Thursday it doubled deliveries of its fuel-efficient 787 jets in the third quarter to 12, compared with six in the second quarter. Boeing is years behind its initial delivery schedule on the new light-weight, carbon-composite 787 aircraft after extensive development delays.
Claire McCaskill touted a $5.8 million fundraising haul for her re-election campaign Wednesday as Republican challenger Todd Akin sought to raise cash amid new attention to his remarks about abortion.
CHARLESTON, S.C.-- A new study concludes that a wind farm off the South Carolina coast could mean billions of dollars in wages and thousands of jobs. The study released Wednesday was compiled by Clemson's Restoration Institute and its Strom Thurmond Institute of Government and Public Affairs for the state Energy Office.
CHARLESTON, S.C.-- A federal judge has transferred a court challenge to South Carolina's planned $35 million cruise terminal to Charleston from Washington, D.C., ruling the controversy is largely a local issue.
Both Stanley and Crawford joined the firm as senior vice presidents of wealth management, leading the Palmetto Advisory Group, which also includes advisers Linda Fraser, Geoffery Forsyth and Carolee McKeown and private client assistant Henry Batts.
COLUMBIA, S.C.-- An automotive company that specializes in plastic parts says it will build a plant in South Carolina's Greenville County that employs nearly 120 workers. The state Commerce Department said Wednesday that South Carolina Plastics LLC will spend $12 million to build a plant in Fountain Inn.
Oct 2- General Electric Co is calling for a new round of inspections by airlines on its new GEnx engine on Boeing Co aircraft, with a focus on the section of the engine that failed on a 747-8 freighter in Shanghai last month.
Qatar has placed orders for 60 Dreamliners- 30 firm and an option for 30 more- and selected General Electric Co's new-generation GEnx engine for the aircraft. "We have informed Boeing that we will not take delivery until the 787 s have the new modified shaft," said Baker, who has often been outspoken about planemakers Airbus and Boeing and other industry issues.
DOHA/ LONDON, Oct 2- Qatar Airways will not take delivery of Boeing's 787 Dreamliner until an engine defect is modified, its chief executive said on Tuesday. Qatar has placed orders for 60 Dreamliners- 30 firm and an option for 30 more- and selected General Electric Co.' s new-generation GEnx engine for the aircraft.
NEW YORK, Oct 2- The town of Serenity, South Carolina, the imaginary setting for author Sherryl Woods's "Sweet Magnolias" novels, now has real food in it. Dana Sue's Killer Guacamole, Helen's Lethal Margaritas and Sullivan's Crab Cakes are among the fictional staples made real by chef Teddi Wohlford, who takes a gourmet approach to Southern classics.
CHARLESTON, S.C., Oct 1- Boeing Co. Chief Executive Officer Jim McNerney said on Monday he expects contract talks with the company's 23,000 unionized engineers to result in a "successful resolution over the next few weeks."
CHARLESTON, South Carolina, Oct 1- Boeing Co. Chief Executive Officer Jim McNerney said on Monday he expects contract talks with the company's 23,000 unionized engineers to result in a "successful resolution over the next few weeks."
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.
Barrett, president and CEO of Community Newspaper Holdings Inc., in Montgomery, Ala., was elected during the group's meeting in Naples on Monday. The new treasurer is Gregg K. Jones, president and CEO of Jones Media in Greeneville, Tenn. He's co-publisher of The Greenville Sun.
Todd Akin has backed almost $100 million for pet projects in recent years, including money for home-state military programs and local highway work. During his Republican Senate primary this summer, Akin even aired a television ad proudly defending his effort to bring home federal dollars for production of military armor in his district.
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.
Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.
Mitt Romney said "There are 47 percent of the people who pay no income tax." Who are these people, and why are they exempt? Click to see which states have the highest number of people who pay no federal income tax.