South Carolina


  • BMW's $1 billion plant surfs Mexican investment wave Thursday, 3 Jul 2014 | 1:30 PM ET

    MEXICO CITY, July 3- Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest in a line of major automakers to take advantage of the country's growing industrial base and tariff-free access to the U.S. market.

  • Square One: How trailblazing women got their start Thursday, 3 Jul 2014 | 11:49 AM ET

    NEW YORK, July 3- Since last fall, Reuters has asked prominent achievers about the first job they ever had. From Mia Hamm to Margaret Atwood, Bob Schieffer to Tavis Smiley, they have shared their memories about the humble beginnings of their careers. Professor, Colorado State University; autism activist and subject of HBO movie " Temple Grandin".

  • June 30- A South Carolina jury on Monday awarded $8.1 million to a former adviser who sold his wealth management business to BB&T Corp and later alleged that the company mismanaged his retirement nest egg with a risky strategy, according to a person familiar with the matter. A spokeswoman for BB&T Corp and a lawyer for the plaintiff declined to comment.

  • June 30- A jury in a South Carolina state court on Monday awarded $8.1 million to a former adviser who sold his wealth management business to BB&T Corp and later alleged that the bank mismanaged his retirement nest egg with a risky strategy, according to a person familiar with the matter.

  • *BMW to make announcement in Mexico on July 3. MEXICO CITY/ MUNICH, June 30- Germany's BMW AG will unveil this week plans to build a new factory in Mexico, a government official said, as the company seeks to meet growing demand for premium cars.

  • *Takata CEO says still examining recall costs- shareholder. TOKYO, June 26- Japanese auto parts maker Takata Corp could face a $500 million charge and a net loss this year- its second in three years- as a widening recall of air bag inflators begins to kindle worries despite its deep pockets.

  • NEW YORK, June 25- A former driver for Raj Rajaratnam has sued the one-time billionaire, claiming he was fired for complaining about secret wire transfers the founder of the Galleon Group hedge fund made to fellow prisoners following his conviction for insider trading.

  • *Honda, Nissan, Mazda recall vehicles for potential Takata air bag issue. TOKYO/ DETROIT, June 23- Honda Motor Co and other Japanese automakers on Monday recalled almost 3 million cars with potentially explosive air bags supplied by Takata Corp, bringing the total recall so far to about 10.5 million vehicles over the past five years.

  • NEW YORK, June 20- A former Raymond James broker accused of stealing $3 million from his clients by creating a fictitious investment fund to channel their money into his own personal bank account has been barred by Wall Street's self-watchdog.

  • New York Governor Andrew Cuomo, a Democrat, has backed the proposed increase to $8.50 from the current $7.25 an hour, but the bill has met heavy resistance in the state senate, where Republicans have a power sharing agreement with a breakaway group of Democrats.

  • WASHINGTON, June 18- House of Representatives Republican lawmakers pressured candidates for party leadership jobs on Wednesday to put a higher priority on conservative principles in setting the legislative agenda for the chamber.

  • These 3 states house the 'ugliest' S&P stocks Monday, 9 Jun 2014 | 1:58 PM ET
    A trader holds his head in his hand on the floor of the New York Stock Exchange (NYSE) in New York.

    Shares of companies in South Carolina, Arizona and Louisiana posted average gains of less than 10% over the past year. USA Today reports.

  • SCE&G hiring for nuclear reactor site     Friday, 6 Jun 2014 | 2:27 PM ET

    CNBC's Mary Thompson reports from South Carolina Electric and Gas Company's massive construction site where the company is building two nuclear reactors and looking to hire new staff.

  • Hiring at new US nuclear reactor site     Friday, 6 Jun 2014 | 1:48 PM ET

    CNBC's Mary Thompson reports South Carolina Electric and Gas Company is looking to hire new people for the two nuclear reactors they're building.

  • The Foothill Ranch, California- based company began selling products made in Asia to Walmart in the 1990 s and is now supplying it with some U.S.-made products. Trying to rebuild that manufacturing capability, while making products that meet Walmart's standards, can require companies to "start from scratch," Kelley says.

  • June 3- General Motors on Tuesday apologized to families of accident victims who have been notified to bring in cars for replacement of defective ignition switches. "We are deeply sorry to those families who received a recall notice," said GM spokesman Greg Martin in response to questions from Reuters.

  • NEW YORK, June 3- Standard& Poor's suffered a defeat Tuesday in litigation accusing it of inflating credit ratings prior to the 2008 financial crisis, as a federal judge ruled that lawsuits by 16 U.S. states and Washington, D.C. belong in state courts, not federal court.

  • BURGHAUSEN, Germany/ GEISMAR, Louisiana, June 2- Nestled in the green hills of southern Germany, chemical giant Wacker Chemie churns out a wide range of products, from an ingredient for chewing gum to the polysilicon crystals in solar cells.

  • King, 67, said the UAW remains actively involved in talks with Volkswagen AG about representing workers at a Chattanooga, Tennessee, plant, where the union lost a close vote in February despite having tacit support from VW.

  • NEW YORK, May 28- For some people, the magic of compound interest alone is enough to sell them on a 529 college savings plan, but others seem to need more incentive. Enter 529 Day, appropriately designated for May 29, aimed at raising awareness about the importance of saving for university and the advantages of a 529 plan.