NEW YORK— When Superstorm Sandy hit the East Coast, flood insurance companies working for the Federal Emergency Management Agency dispatched an army of structural engineers to do some detective work. But the issue got the attention of a federal judge in New York after a Long Island family uncovered evidence that an engineer who examined their property had...» Read More
Brian Nagel, Oppenheimer retail analyst, breaks down the home improvement retailer's quarterly results and provides an outlook on the stock over the next several quarters. Better home sales data could be an extra boost for Home Depot, says Nagel.
Nov 13- A U.S. judge weighing how much BP Plc should be punished for the 2010 Gulf of Mexico oil spill on Thursday refused to overturn his own finding that the oil company's conduct was "grossly negligent." District Judge Carl Barbier in New Orleans means BP could still face close to $18 billion of penalties for violating the federal Clean Water Act.
The rebuilt World Trade Center is opening, and Conde Nast is beginning to move in, reports CNBC's Tyler Mathisen.
The euro is currently plunging in value versus the U.S. dollar. CNBC's Steve Liesman discusses how this may influence Europe's view of QE.
The 14- story Antares rocket, built and launched by Orbital Sciences Corp, blasted off from the Wallops Flight Facility at 6:22 p.m. on Tuesday but burst into flames moments later, the first disaster since NASA turned to private operators to run cargo to the space station. Orbital Sciences stock fell 15.9 percent to $25.54 on Wednesday. The loss of the supply...
Oct 28- U.S. nuclear regulators are investigating a leak of uranium hexafluoride that occurred on Sunday at an Illinois plant operated by Honeywell International Inc where union workers have been locked out. Honeywell confirmed the Sunday evening leak at its Metropolis, Illinois plant, saying it was due to an equipment failure. There were no injuries and no...
TOKYO, Oct 28- A town in southwest Japan became the first to approve the restart of a nuclear power station on Tuesday, a step forward in Japan's fraught process of reviving an industry left idled by the Fukushima catastrophe in 2011.. Satsumasendai, a town of 100,000 that hosts the two-reactor Kyushu Electric Power Co plant, is 1,000 km southwest of Tokyo and has...
TOKYO, Oct 28- A town in southwest Japan on Tuesday approved the restart of a nuclear power station, another step forward in Japan's fraught process of reviving an industry left idled by the Fukushima catastrophe in 2011.. Satsumasendai, a town of 100,000 that hosts the two-reactor Kyushu Electric Power Co plant, is 1,000 km southwest of Tokyo and has long relied...
CNBC's Dominic Chu reports the 5-year old boy in New York City has tested negative for Ebola.
CNBC's Tyler Mathisen reports a former CNBC colleague Terry Keenan has died. Keenan worked for CNBC between 1995 and 1998 as a reporter and anchor.
Oct 23- Hurricane Gonzalo caused between $200 million and $400 million in insured losses over the weekend on Bermuda, according to an estimate by AIR Worldwide, a Boston- based catastrophe modeling company. EQECAT, another modeling firm, estimated the insured losses at $300 million, according to a report on Monday by Insurance Journal, a trade publication.
TOKYO, Oct 22- After the Fukushima disaster crippled Japan's nuclear energy sector three years ago, the government pledged the biggest shake up in the history of the fragmented electricity industry to boost competition and contain a surge in power prices. But plans to give the nationwide grid management body more control over the system of distribution and...
David Tepper is recommending investors short the euro, reports CNBC's Kate Kelly.
Shares of Twitter are higher after the company introduced Audio Card, reports CNBC's Julia Boorstin.
HAMILTON, Bermuda, Oct 18- Bermuda suffered extensive power outages on Saturday after Hurricane Gonzalo pummeled the tiny island chain with rain and howling winds, but the tourist destination dodged catastrophic damage and death despite the direct hit. Only minor injuries were reported, Bermuda officials said. By mid Saturday, weather on the island had...
Entrepreneurs raising money through crowdfunding deliver their 30-second pitch to the ultimate panel of investors, & thousands of accredited investors registered with crowdfunding platforms.
CNBC.com Managing Editor Allen Wastler reports the markets and Apple were among this week's hottest topics on CNBC.com.
Chimerix says it has FDA approval to test its experimental anti-viral drug on Ebola patients, reports CNBC's Dominic Chu.
CNBC's Rick Santelli reports the preliminary read on October consumer is 86.4.
Birds are taking back the sky, says CNBC's Andrew Ross Sorkin. A look at video of a hawk attacking a drone.