CNBC's Jane Wells reports a drought emergency has been declared in California which allows the state to hire more fire fighters. Wells also comments on earthquake insurance policies, 90 percent of California homes do not have quake insurance protection.» Read More
NBC's Aymen Mohyeldin reports that thousands of homes are under threat from wildfires in California.
NBC News' Miguel Almaguer reports on wildfire problems in Northern California, and CNBC's Jane Wells says the state has consistently underestimated how much money it will need to fight wildfires.
From highways in Texas to nuclear power plants in Illinois, the concrete, steel and sophisticated engineering that undergird the nation’s infrastructure are being taxed to worrisome degrees by heat, drought and vicious storms, the New York Times reports.
The Colorado Springs fire is 25 percent contained, and Peter Madoff pleaded guilty to crimes that allowed his brother Bernie to run his ponzi scheme, reports CNBC's Brian Shactman. The Weather Channel's Chris Warren also reports on historic heat across the United States.
Miguel Almaguer, NBC News, reports the latest detail from the fire zone in Colorado.
Colorado Springs officials say hundreds of homes have been destroyed by a raging wildfire that has encroached on the state's second-largest city and threatened the U.S. Air Force Academy.
The "Squawk Box" news team weighs in with their perspective on the markets ahead of the opening bell, including a look at the severe drought situation in Colorado and the possible impact on commodity prices.
Airbus plans to build its first U.S. assembly line in Alabama, Arena Pharmaceutical's new anti-obesity drug is set to hit the market early 2013, and Peter Madoff will tentatively plead guilty, reports, CNBC's Brian Shactman and Seema Mody.
CNBC's Brad Goode has the details on Nike making a play for competitor, Under Armour.
To what degree a catastrophic event might be caused by climate change is impossible to measure at this stage, so global warming isn’t being directly priced into insurance premiums.
With the ever-growing encroachment of people into formerly rural, wildfire-prone areas you have the recipe for disaster — and a potential opportunity for businesses with products designed to help homeowners cope with the fires.
What's driving market optimism despite a global wall of worry? Matthew Cheslock, Cohen Capital Group; Michael Sansoterra, RidgeWorth Large Cap Growth Fund; and CNBC's Rick Santelli, discuss.
NBC's Miguel Almaguer reports on massive wildfires in Arizona that have scorched more than 782 square miles.
NBC's Miguel Almaguer has the details on the large scale fires burning out west.
NBC's George Lewis has the update on the concerns the fire may reach power lines and a nearby nuclear power plant.
NBC's George Lewis and The Weather Channel's Nick Walker have the latest on the raging forest fire in eastern Arizona, now impacting hundreds of thousands of people.
New video of the wildfires tearing their way through Arizona, and which are now posing a threat to parts of New Mexico.
A look at blazing hot temps across the country, and massive wild fires in Arizona, with NBC's George Lewis, and The Weather Channel's Heather Tesch.
Some entire towns in Alberta have been burned to the ground, reports Ted Henley, Alberta's 660News.