GO
Loading...

Washington DC

More

  • CHICAGO, April 23- Detroit's future once it exits the biggest municipal bankruptcy in U.S. history will depend on oversight, the city's chief financial officer said on Wednesday.

  • NEW YORK/ WASHINGTON, April 23- A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve, according to sources familiar with the efforts.

  • NTSB head: Action needed now on oil train safety Wednesday, 23 Apr 2014 | 5:33 PM ET

    WASHINGTON— The Obama administration needs to take steps immediately to protect the public from potentially catastrophic oil train accidents even if it means using emergency authority, National Transportation Safety Board Chairman Deborah Hersman said Wednesday.

  • Business Highlights Wednesday, 23 Apr 2014 | 5:17 PM ET

    Apple increases stock buyback, raises dividend. CUPERTINO, Calif.— Apple Inc. plans to buy back an additional $30 billion of its stock and raise its quarterly dividend by 8 percent amid a slowdown in revenue growth.

  • NEW YORK/ WASHINGTON, April 23- A former accounting manager for Nvidia Corp has settled with the U.S. Securities and Exchange Commission over allegations he leaked non-public information about the chipmaker that allowed a group of Wall Street analysts to make millions through illegal trades, the SEC announced on Wednesday.

  • TOKYO, April 24- For Japanese billionaire Masayoshi Son, who wants to build the world's largest mobile Internet company, criticism of his operations from regulators in his home market could not come at a worse time.

  • OTTAWA, April 23- Canada will require that older rail cars used for carrying crude oil be phased out by May 2017, the government said on Wednesday, moving ahead of the United States to ban the controversial cars in light of burgeoning oil-by-rail traffic and a deadly accident last year.

  • Initiative seeks to legalize pot in Nevada Wednesday, 23 Apr 2014 | 4:46 PM ET

    CARSON CITY, Nev.— A pro-marijuana group hoping to ride a wave of mounting acceptance for cannabis filed an initiative petition Wednesday seeking to legalize recreational pot use in Nevada. Giving or selling marijuana to minors, driving under the influence or using pot in public would remain illegal under the Nevada measure.

  • Figures on government spending and debt Wednesday, 23 Apr 2014 | 4:33 PM ET

    WASHINGTON— Figures on government spending and debt.

  • U..S consumer bureau to test electronic mortgage closings Wednesday, 23 Apr 2014 | 4:22 PM ET

    WASHINGTON, April 23- Borrowers seeking to buy a new home say they often do not have time to read final mortgage documents and sometimes find mistakes in their paperwork, the U.S. consumer watchdog said in a report on Wednesday.

  • SAO PAULO, April 23- Brazil's President Dilma Rousseff praised the United States on Wednesday for its decision to ease control over the Internet and called for a more democratic, transparent network following the U.S. National Security Agency spying scandal.

  • Batteries in baby video monitors recalled Wednesday, 23 Apr 2014 | 4:02 PM ET

    WASHINGTON— Summer Infant is recalling about 800,000 rechargeable batteries used in baby video monitors because of a burn hazard. The hand-held, color video monitors were sold with a matching camera and A/C adaptors at Babies "R'' Us, online and other retailers from about February 2010 through 2012 for $150 to $350.

  • Feds: Amedisys paying $150 million settlement Wednesday, 23 Apr 2014 | 3:22 PM ET

    NEW ORLEANS— Amedisys Inc., a Baton Rouge- based home health company, will pay $150 million to resolve allegations that it inflated Medicare billings and had improper financial relationships with referring physicians, the U.S. Department of Justice said Wednesday.

  • Study: Gene therapy may boost cochlear implants Wednesday, 23 Apr 2014 | 3:20 PM ET

    WASHINGTON— Australian researchers are trying a novel way to boost the power of cochlear implants: They used the technology to beam gene therapy into the ears of deaf animals and found the combination improved hearing.

  • Rail safety effort marred by squabbling Wednesday, 23 Apr 2014 | 2:28 PM ET

    The Transportation Department, worried about the potential for catastrophic accidents involving oil and ethanol trains that are sometimes as many as 100 cars long, is drafting new tank-car regulations aimed at making the cars less likely to spill their contents in the event of a crash.

  • Business events scheduled for Thursday Wednesday, 23 Apr 2014 | 2:09 PM ET

    WASHINGTON— Commerce Department releases durable goods for March, 8:30 a.m. Eastern time. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..

  • New social networks connect cooks and diners Wednesday, 23 Apr 2014 | 1:33 PM ET

    BUENOS AIRES, Argentina— If the latest development in culinary social media catches on, the trendiest restaurants may no longer be restaurants. Cookapp, which recently moved its headquarters from Buenos Aires to New York City, works like a matchmaker, arranging intimate gourmet dinners between strangers.

  • Spy plane outlasts Cold War, but not defense cuts Wednesday, 23 Apr 2014 | 1:21 PM ET

    The Air Force wants to gradually retire the fleet of 32 "Dragon Lady" planes, which can soar to an altitude of 70,000 feet, collect intelligence on North Korea and Russia and rapidly send the data to U.S. commanders.

  • OTTAWA, April 23- Canada will require that the use of older rail cars for carrying crude oil be phased out within three years, even though the United States has yet to make such a rule change, according to documents seen by Reuters on Wednesday.

  • Kiev and Washington twisting peace accord: Moscow. KIEV, April 23- Russian Foreign Minister Sergei Lavrov accused the United States of being behind the political upheaval in Ukraine and said Moscow would respond if its interests came under attack.

Most Popular Video

Wednesday, 23 Apr 2014 | 3:23 PM ET

CNBC's Becky Quick discusses Warren Buffett's feelings about the market.

Wednesday, 23 Apr 2014 | 12:00 AM ET

Most people probably don't want their six-figure sports cars all marked up, unless it's been marked up by the world's best basketball players. This one-of-a-kind 2002 Aston Martin Vanquish is the only car on the planet to have 50 signatures on it from 50 basketball Hall of Famers, increasing its value over 500 percent.

Wednesday, 23 Apr 2014 | 1:00 PM ET

CNBC's Kelli Grant talks about the types of protection available to credit and debit card holders in the transition to a cashless society.