BISMARCK, N.D.— A subsidiary of Exxon Mobil Corp. is asking state regulators to grant an exception to the amount of natural gas companies are permitted to burn off at 140 of its oil wells in Dunn and McKenzie counties. OneOK said the pipeline would have moved 40 million cubic feet per day to their Garden Creek gas plant in McKenzie County. The request will now be...» Read More
Don't be angry if gasoline hits $4 per gallon -- high prices at the pump might be just what America needs, say two "Morning Call" guests. The question, though, is what the short-term impact will be to the U.S. economy. Chris Varvares, president of Macroeconomic Advisers, and David Lazarus, business columnist at the San Francisco Chronicle, joined CNBC's Michelle Caruso-Cabrera to share their insights.
Shares in coal producer Massey Energy tumbled more than 14% after news that the U.S. government sued the coal producer for thousands of violations of the Clean Water Act.
In a Rose Garden announcement, Bush said he wanted to move ahead, pending any separate legislative approaches. The new rules will "cut gasoline consumption and greenhouse gas emissions from motor vehicles," he said.
What happens when the class bully resurfaces at the office? Morale and productivity take the punch, according to a study. Nearly 45% of U.S. workers have toiled for an office bully, according to an Employment Law Alliance survey -- and 12 states are weighing legislation to keep the statistic in check. ... But Stephen Hirschfeld, the CEO of Employment Law Alliance, said on "Morning Call" that legislation isn’t needed.
The Motion Picture Association of America announced Thursday that movies that “glamorize” smoking could soon be slapped with an “R” rating. Is the MPAA caving in to special-interest pressure -- and will the push for a Hollywood smoke-out curb smoking? Marc Dann, Ohio state attorney general, and Gary Nolan, spokesman for The Smokers Club, debated the issue on “Morning Call.”
In an exclusive interview with CNBC's Maria Bartiromo, Treasury Secretary Henry Paulson said the U.S. needs to remain open to foreign investment to preserve its competitive edge.
With the student loan industry coming under harsh criticism, the House easily passed a bill aimed at curbing conflicts of interest and corrupt practices in college lending.
A Senate panel met Tuesday as lawmakers weigh whether the U.S. government should raise fuel efficiency standards. Automakers argue it would be too expensive. Sam Kazman, general counsel with the Competitive Enterprise Institute, and Philip Clapp, president of the National Environmental Trust, debated the issue on “Morning Call.”
Top government and private sector leaders discuss regulation and competitiveness in the post Sarbanes-Oxley era
In an exclusive interview at a major conference on the capital markets in Washington D.C. , the Berkshire Hathaway chairman also shares his views on hedge funds, executive compensation and his company’s succession plan.
Bill Griffeth and Sue Herera sits down with big name investors, executives to talk about private equity, hedge funds, the stock market and keeping America great.
CNBC's Mary Thompson talks to the new House Financial Services Chairman about executive pay, the subprime lending mess, reforming Sarbanes-Oxley and why he understands capitalism "better than some of the conservatives."
Should the government be allowed to negotiate Medicare drug prices? Two health-policy experts joined "Power Lunch" to debate whether Federal influence will damage the free market -- or if the current ban on government negotiations hurts the consumer more.
Some pro sports leagues have enacted pay caps to ease fans' concerns. So if a chief executive's compensation strikes investors as too far out of whack, should the corporate world consider the same measure? Charles Elson, director of the Weinberg Center for Corporate Governance at the University of Delaware, votes yea. Contradicting him is Alan Murray, assistant managing editor at The Wall Street Journal. The two stated their cases to CNBC's Erin Burnett.
The court, in a 5-4 ruling in its first case on climate change, declared that carbon dioxide and other greenhouse gases are air pollutants under the Clean Air Act.
Vodafone Group on Wednesday brushed off an Indian newspaper report that government regulators might delay its $11.1 billion planned acquisition of India's fourth-largest mobile phone operator, Hutchison Essar.
Britain's telecommunications watchdog ordered mobile phone companies to cut their connection fees to rival services, a long-expected move leading to lower bills for landline users. Hardest hit will be Hutchison Whampoa's British 3G operator 3, which will have to reduce its tariffs by 45%.
One share, one vote? Not exactly: the fate of millions of shares and the rights of shareholders may be up for grabs, as the U.S. House Financial Services Committee is considering a bill that would give investors final say over CEO compensation. Two experts debated the wisdom of such a bill, on "Morning Call."
Want a recipe for deeper subprime trouble? Add governmental interference, says Michael Darda. The chief economist at MKM Partners joined "Squawk on the Street" to address Thursday's Senate Banking Committee hearings on mortgage lending.
Virgin America, the low-cost start-up airline with ties to British entrepreneur Richard Branson, will have to ditch its chief executive and restructure its ownership to win final approval to operate, U.S. officials said Tuesday.