BATON ROUGE, La.— Lawmakers agreed Thursday to continue Louisiana's multimillion-dollar Medicaid claims processing contract for another year, an extension needed after Gov. Jindal cancelled the state's $200 million contract with Maryland- based Client Network Services Inc., known as CNSI, in 2013 because of concerns the firm was given favorable treatment...» Read More
MOSCOW, July 28- The Hague's arbitration court has ruled in favour of a group of shareholders in defunct oil giant Yukos against Russia, awarding compensation of around $50 billion, a source close to the ruling said on Monday.
MOSCOW, July 28- The Permanent Court of Arbitration in the Hague will announce on Monday that Russia must pay $50 billion to former shareholders of the defunct oil company Yukos, Russian business daily Kommersant reported on its website, citing unnamed sources. The newspaper said Russia was expected to appeal against the ruling.
July 28- The Permanent Court of Arbitration in The Hague will on Monday announce that Russia must pay $50 billion to former shareholders of the defunct oil company Yukos, Russian business daily Kommersant reported on its website, citing unnamed sources. The newspaper said Russia was expected to appeal against the ruling.
LONDON, July 22- ARM Holdings, the British company whose processor designs power Apple's and Samsung's smartphones, posted a 9 percent rise in second-quarter profit, helped by strong demand to license its technology.
PARIS, July 3- French utility GDF Suez said it signed a 25- year water and power contract with the Abu Dhabi Water and Electricity Company as it seeks to capitalise on growing demand in the region.
JAKARTA, July 2- Freeport-McMoRan Copper& Gold Inc is still in talks with Indonesia over a six-month dispute that has halted copper exports, and has no plan yet to follow Newmont Mining Corp in seeking international arbitration. Global copper prices, currently not far off four-month highs, have been underpinned by the disruption to supplies from Indonesia.
*Economy shrinks at a 2.9 percent pace in first quarter. WASHINGTON, June 25- The U.S. economy contracted at a much steeper pace than previously estimated in the first quarter to record its worst performance in five years, but there are indications that growth has since rebounded strongly.
June 24- American Apparel Inc founder Dov Charney's lawyer has filed a petition for arbitration to counter plans to strip Charney of his roles as president and chief executive of the company, The Wall Street Journal reported in Tuesday's paper. Charney owns a 27.2 percent stake in American Apparel. A spokesman for American Apparel declined to comment.
Miami Heat's LeBron James has reportedly opted out of the final two years of his contract with the team, with CNBC's Dominic Chu.
Boeing Co. machinists soundly rejected a new labor contract on Wednesday that would have let them build the company's newest jetliner in Washington.
Few things strike a nerve with fans and the media as player salaries do. Who are this year's highest-paid players in each US team sport? Click ahead to find out.
Zinio's magazine reading app has been around for a dozen years. But a new version, exclusively for Nokia's Lumia Windows Phone 8, makes the most of the phone's capabilities.
The man at the center of a new financial scandal that could involve some NFL and NBA players came out swinging against a complaint from regulators.
Over the past week, risk appetite has soured following a political stalemate in Rome and anxiety over the upcoming U.S. "sequester" spending cuts, but strategists told CNBC that there is a way to trade this panic.
India's industrial output shrank in November after a spurt the previous month, denting hopes of a recovery in economic growth and strengthening the case for an interest rate cut later this month.
Neil Atkinson, director of energy research and analysis at Datamonitor, tells CNBC he is not surprised that the U.S. federal government has banned BP from winning new federal contracts.
The average U.S. home value is $147,300, but a professional athlete's home is anything but average. Read ahead to see 10 of the coolest athlete homes on the market.
Liberty Media's John Malone is making an effort to take control of Sirius XM Radio, and the company's boss Mel Karmazin is trying to prevent it. CNBC's David Faber reports on the details.
For some, feuds are as integral to spectator sports as the game itself. Read ahead to see which recent sports feuds have been exciting, thrilling and explosive.
Discussing whether Apple could break new highs in 2012, even as it hit $403/share today, with Jeff Fidarco, Susquehanna Financial.