A federal judge in Kansas City, Kansas, ordered Dow Chemical Co on Wednesday to pay $1.2 billion in a price-fixing case involving chemicals used to make foam products in cars.
Rivers including the Mississippi and Illinois are expected to remain in "major flood stage" through this weekend, as more rain and snow fell on much of the Midwest. NBC News reports.
There was little sign of spring across a large swath of the U.S. Midwest on Sunday as a powerful storm dumped heavy snow across a widespread area.
Baseball-sized hail was reported in northern Florida, along with possible tornadoes, while heavy snow in Colorado and Kansas delayed flights and shut down part of Interstate-70. A crash involving up to 50 vehicles closed part of Interstate-25 near Loveland, Colorado, north of Denver.
As U.S. authorities grapple with how to regulate the use of unarmed drones in U.S. skies, a small network of police, first responders and experts is already flying unmanned aircraft.
The storm that blanketed the Midwest earlier this week, dumping more than a foot of snow in Kansas and forcing hundreds of flights to be canceled, is now headed for New England. For Boston, it's the third straight weekend of major snow.
Farmland values in the U.S. Plains states jumped more than 20 percent in the fourth quarter from a year earlier.
The Federal Reserve could disrupt markets if it sells lots of mortgage-backed securities when it's time to tighten monetary policy, a Fed president said Tuesday.
Republican governors are moving to cut income taxes, including proposals that would increase reliance on state sales taxes, setting up ambitious experiments in tax reform that could shape what is possible on a national level.
Hopes for overhauling the federal tax system are fading in Washington, but in some state capitals, tax reform experiments- some far-reaching- are fast taking shape.
See who has been turned away from some of the region's most upscale digs.
At 10:05 a.m. CST, Chicago Board of Trade December wheat futures were up 6-1/ 2 cents at $8.71 a bushel. CBOT January soybeans were 11-1/ 2 cents lower at $15.15- 1/ 4 a bushel. CBOT December corn was up 3/ 4 cent at $7.40- 1/ 4 a bushel.
*Nebraska, Colorado among states with badly depleted soil moisture. *Driest summer on record for Nebraska, preliminary data says. Indeed, Nebraska recorded the driest June, July and August on record and the third-driest September ever, according to preliminary data from the National Climatic Data Center.
Nov 2- Chesapeake Energy Corp's target to pare debt to $9.5 billion or less by the end of the year may be pushed into 2013, along with some deal closings, the company's chief financial officer told analysts on Friday.
Nov 1- Chesapeake Energy Corp reported a net loss on Thursday compared with a year-ago profit, as low natural gas prices caused the U.S. oil and gas company to write down the value of some assets.
Nov 1- Chesapeake Energy Corp reported a net loss on Thursday compared with a year-ago profit, as low natural gas prices prompted the U.S. oil and gas company to write down the value of some assets.
*Quebec- based plant makes parts for rail cars. *Customers include New Jersey, Chicago transit groups. Nov 1- Some 330 workers at a Quebec- based rail-car factory belonging to Bombardier Inc, the world's biggest train-maker, went on strike on Thursday over outsourcing and pension fund issues, the company and union said.
Nov 1- Snow and rain and cooler temperatures helped ease suffering in drought-stricken areas of the United States over the last week, though some areas saw conditions grow worse, according to a climatology report issued Thursday.
HOUSTON, Oct 31- Phillips 66' s increased access to cheaper crude oil from the United States and Canada boosted its quarterly profits above analyst expectations after the U.S. refining company spun off from ConocoPhillips earlier this year, the company reported on Wednesday.
HOUSTON, Oct 31- Increased access to cheaper crude oil from the United States and Canada boosted Phillips 66' s quarterly profits above analyst expectations after the U.S. refining company spun off from ConocoPhillips earlier this year, the company reported on Wednesday.