Boeing will cut hundreds of jobs at a South Carolina plant that makes 787 Dreamliners, but the move has nothing to do with the recent grounding of the troubled jetliner.» Read More
MIAMI, June 6- Tropical Storm Andrea pelted Florida's northern Gulf Coast on Thursday and was forecast to drench much of the U.S. Southeast as it cuts across Georgia and up the Atlantic coast, the National Hurricane Center said.
WASHINGTON, June 5- A bipartisan group of senators on Wednesday introduced legislation to give the United States new tools to fight currency manipulation, an effort aimed mainly at China, just days before President Barack Obama and Chinese President Xi Jinping will meet for an informal retreat.
WASHINGTON, June 4- U.S. Health and Human Services Secretary Kathleen Sebelius said on Tuesday that she talked to three healthcare companies about a private nonprofit group helping to implement healthcare reform, but she denied asking for donations.
WASHINGTON, June 4- Tea Party and other conservative groups on Tuesday accused the U.S. Internal Revenue Service of trampling on their rights, telling lawmakers in an often emotional hearing that they faced a barrage of paperwork and intrusive questions when they sought tax-exempt status.
June 4- Berkshire Hathaway Inc's MidAmerican Energy Co has decided against building any new nuclear reactors in Iowa in the near future because of regulatory hurdles. A few companies however have forged ahead with construction of five new reactors- Southern Co in Georgia, Scana Corp in South Carolina and the Tennessee Valley Authority in Tennessee.
WASHINGTON, June 3- Fourteen Republican-led states that oppose expanding Medicaid under President Barack Obama's health reform will leave 3.6 million of their poorest adult residents uninsured, at a cost of $9.4 billion per year by 2017, researchers said on Monday.
*As storm season starts, Florida worries about insurance. *Florida has not been hit by a major hurricane since 2005. "It's very fortunate for Florida that is has been able to build up its reserves, but the fact of the matter is that Florida is living on borrowed time," said Robert Hartwig, president of the Insurance Information Institute.
May 30- Thirty-three states have enlisted the federal government to run their health insurance exchanges under President Barack Obama's healthcare reform law. Blue Cross Blue Shield of Arizona, Aetna Inc, Cigna Corp and Humana Inc filed documents for exchange products with the state department of insurance.
WASHINGTON, May 30- The White House, seeking to show early success for President Barack Obama's health reforms, said more than 120 insurers have applied to sell plans on federally-run online marketplaces that begin offering subsidized coverage in just over four months.
WASHINGTON, May 29- The U.S. Commerce Department on Wednesday set preliminary duties of up to nearly 63 percent on shrimp from Malaysia to offset government subsidies, but much lower duties on shrimp from China, India, Thailand, Vietnam, Indonesia and Ecuador.
South Carolina and Mississippi are among 13 states that have sued various manufacturers, including AU Optronics Corp, LG Display Co Ltd and LG Electronics Inc. Some of the cases are in federal court, but South Carolina and Mississippi were among five states that sued in state courts, which are generally seen as friendlier to plaintiffs.
South Carolina and Mississippi are among 13 states that have sued various manufacturers, including AU Optronics Corp and LG Electronics Inc, seeking restitution over an alleged conspiracy among the companies to fix prices, which has been the subject of a criminal probe and multiple lawsuits.
NEW YORK, May 27- Think of college savings, and most investors think automatically of a 529 plan.
The FDA said full clinical information about the patients is still being gathered, but it suggested some of the problems were infections and that "at least one of these infections appears to be fungal in nature." The FDA has since stepped up its oversight of pharmacies that compound drugs tailored to specific patient needs.
NEW YORK, May 23- Belgian grocer Delhaize is looking to sell two of its U.S. businesses as it continues to cut costs in the region, according to two sources familiar with the matter. The Food Lion parent has hired Lazard Ltd to sell its Harveys and Sweetbay supermarket businesses, the sources said.
WASHINGTON, May 22- Three congressional hearings during the past week have allowed lawmakers to vent their anger at the U.S. tax agency for its targeting of conservative groups for extra scrutiny, but the sessions have yielded few answers about who was responsible.
By Kim Dixon and Patrick Temple-West. WASHINGTON, May 22- The Internal Revenue Service official at the center of a scandal about extra tax scrutiny of conservative groups told Congress on Wednesday she had done nothing wrong but invoked her constitutional right not to answer questions.
CNBC has been ranking all 50 states for competitiveness since 2007. This year's report comes as states continue to get back in fighting shape—fighting for jobs, that is.
We score all the states on 55 measures of competitiveness and 10 categories, from the cost of doing business to technology and innovation.
Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards.