SHANGHAI, July 23- Food safety violations at Shanghai Husi Food Co Ltd, a supplier to global brands including McDonald's Corp and Yum Brands Inc, were company-led and not the acts of individuals, the official Xinhua news agency said, citing the Shanghai food and drug watchdog.» Read More
In calculating this year’s weightings, we found some significant changes in how states pitch themselves as an attractive prospective home to business, which probably reflects stark changes, so we've adjusted our ranking formula, as well.
In our third annual look at the states that put it all together for business, Virginia is back in the No.1 spot, while last year's winner Texas falls to second.
We'll be revealing those at the top of the rankings, culminating with the 2009 winner. Tune in to find out which state is No. 1 at around 2:30 p.m. ET on "Street Signs ."
Federal regulators on Wednesday proposed new rules to restrain investment firms from making political donations to state or local government officials with an eye toward winning pension plan or other public business.
Don't be so sure that the next bull market has found its footing. According to Richard Bernstein the bulls have missed something critical.
In 2003, researchers at a federal agency proposed a long-term study of 10,000 drivers to assess the safety risk posed by cellphone use behind the wheel. But such an ambitious study never happened.
The Obama administration on Tuesday sent Congress legislation seeking to tighten government oversight of Wall Street's credit rating agencies and stem potential conflicts of interest in their business practices to protect investors.
In ranking the states, we scored all 50 on more than 40 measures of competitiveness, which were then separated into ten broad categories, such as cost of doing business, workforce and quality of life.
From unemployment to taxes, economic conditions will play a big role in the rankings of CNBC’s third annual America’s Top States For Business study due out Thursday, July 23.
Fraud continues to be unearthed in the financial sector with police recently detecting one of the UK's biggest Ponzi schemes, according to several media reports.
Though Sonia Sotomayor is widely expected to win confirmation to the US Supreme Court, the business community is still wondering just what kind of justice she'll be
The largest public pension fund in the US has filed suit in connection with in losses that it says were caused by “wildly inaccurate” credit ratings, the New York Times reports.
The Federal Reserve should have focused on getting the securitization market working again, as it promised last autumn, to avoid situations like that in which lender CIT Group is now, Steve Forbes, CEO of Forbes, told CNBC Tuesday.
Placing regulatory limits on oil trading is a terrible idea. This is the latest example of the government sticking its nose where it doesn’t belong. We ought to allow oil markets to trade unencumbered, without government meddling, or limits, or controls on both large and small investors. This creates the broadest possible base and the largest possible volume. This approach — unsurprisingly — creates an efficient market.
Day two at the G8 and all's not going swimmingly. No, I'm not still going on about the logistics (I mean what's three hours to get to the venue between friends). No, I'm talking about the fact that with the major developing nations, the so-called G5 turning up, things are just not so cozy and glossy for Silvio and all.
Financial regulation needs to be agreed at a global level to be effective, and political wrangling in the UK to reorder the regulatory bodies is like rearranging deckchairs on the Titanic, Sir Howard Davies, a former chairman of the Financial Services Authority, told CNBC.
Consumers may be cutting back on clothes, electronics and fancy dinners this recession, but pyrophiles across America aren't skimping on Fourth of July fireworks.
Thank you Silvio Berlusconi. No, really, thank you.
As the Obama administration completes its examinations of the nation’s largest banks, industry executives are bracing for fights with the government over repayment of bailout money and forced sales of bad mortgages.
They have been reviled as the bad hats of Wall Street, nefarious traders who cashed in on the market collapse and, some insist, helped precipitate it. Now short-sellers are coming under even more unwanted scrutiny, this time from federal regulators.