Securities and Exchange Commission Chair Mary Jo White on Monday defied requests by Senate Republicans to delay adopting new rules on everything from derivatives to mutual funds until after President-elect Donald Trump takes office. In a letter to the Senate Banking Committee's top two Republicans, Chairman Richard Shelby and Mike Crapo of Idaho, White...
In the letter to the Senate Banking Committee's top two Republicans, Chairman Richard Shelby and Mike Crapo of Idaho, White stressed it was "incumbent" on the independent regulator's canons of ethics to proceed finalizing rules. Those canons direct the SEC to "exhibit a spirit of firm independence" in performing its regulatory duties "without fear or favor."
Toll Brothers said the average price of homes sold increased to $834,300 in the quarter from $789,700 a year earlier, while the number of homes sold rose to 2,224 from 1,820.. The company, which has been building luxury homes for nearly half a century, said it expects to deliver between 1,000 and 1,250 home at an average price of between $750,000 and $780,000 in the...
Dec 2- Aixtron SE's takeover by China's Fujian Grand Chip Investment Fund may soon be on the list of deals called off due to increased U.S. regulatory scrutiny. --China's Unisplendour Corp Ltd scrapped a $3.8 billion investment in Western Digital Corp after CFIUS said it would investigate the transaction. --China's Tsinghua Unigroup Ltd abandoned its offer to buy...
NEW YORK, Nov 7- Facebook said on Monday it would partner with 50 broadcast stations, print and online publications for an Election Day live video blitz, as the social media company aims to build on the momentum of its popular Facebook Live video streaming service. While Facebook is not selling ads on the Election Day livestreams, it could generate more visits to...
LOS ANGELES/ NEW YORK, Sept 29- Eleven years ago, media mogul Sumner Redstone declared "the age of the conglomerate is over" as he prepared to split old-school broadcaster CBS from the fast-growing Viacom Inc cable networks and the Paramount film studio. Now, the Redstone family's National Amusements, the controlling shareholder of Viacom and CBS Corp, wants the...
Sept 21- ExxonMobil Corp. has agreed to pay $12 million to Montana and the U.S. government to restore natural resources damaged or destroyed by a pipeline rupture in 2011 that spilled oil into the Yellowstone River, according to a settlement proposed on Wednesday. ExxonMobil Pipeline Company's Silvertip pipeline burst July 1, 2011 at a crossing beneath the...
Driverless car technology will also be a disaster for the millions of Americans who work as long-haul truckers, bus drivers or cab drivers.
Wonder which states created the most employment over the past 10 years? CNBC has graded all 50 states to come up with the list.
Idaho is experiencing a jobs boom, leading the US in payroll growth in the past year, and it's just getting started, says Gov. Butch Otter.
You'll be surprised at the most affordable places to live in the U.S., thanks to low food prices, great home values and low utility costs.
Low costs and friendly regulation make the Gem State sparkle. But the education system badly needs polish.
CNBC's Julia Boorstin on the latest from the annual Sun Valley conference.
CNBC's Julia Boorstin reports from the annual Sun Valley conference with the latest buzz, including chatter on the sexual harassment case against Roger Ailes and the Viacom saga.
Hillary Clinton and Donald Trump continue to face stiff challenges on the road to their parties' conventions.
Demand from craft beer brewers led to an 11 percent increase in U.S. hop production in 2015 compared to the previous year.
Winter storm warnings were already in place on Monday in Montana, northern Idaho and eastern Washington.
An Idaho ranch owned by former Lehman CEO Dick Fuld sold for more than $20 million, becoming the most expensive property ever sold at auction.
Farmers from drought-parched California are finding greener pastures in the Pacific Northwest. And so are buyers from China.
People looking to fly into the Sun Valley might face crowded airport tarmacs, packed with billionaires' private jets.