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Top News & Analysis South Carolina


  • Oct 11- The average price of gasoline in the United States fell half a cent in the past two weeks as crude oil prices rose, allowing refiners and retailers to stop cutting prices, according to a Lundberg survey released on Sunday. Regular grade gasoline fell to $2.34 per gallon in the Oct. 9 survey from the upwardly rounded $2.35 on Sept. 25, when the previous survey was...

  • CAMARILLO, Calif.— A four-month slide in the price of gasoline may be ending. In the lower 48 states, the highest average price of regular gasoline was $2.96 per gallon in Los Angeles. The lowest was $1.92 in Charleston, South Carolina.

  • However, Boeing's order tally, released Thursday, remained far below that of arch rival Airbus Group. Boeing has booked 507 orders this year, compared with 875 for Airbus. After cancellations, Boeing had 447 net orders for the first nine months, compared with 815 for Airbus.

  • COLUMBIA, S.C.— Long before the historic floods of the past week, crumbling roads, bridges and dams and aging drinking water systems plagued South Carolina— a poor state that didn't spend much on them in the first place and has been loath to raise taxes for upkeep. "You're not going to have people down there tomorrow giving out money," said Gerry Galloway, a civil...

  • Hackers breach LoopPay, a Samsung Pay contributor Wednesday, 7 Oct 2015 | 11:38 AM ET
    Injong Rhee, head of Samsung Pay, speaks at the Samsung Unpacked Phone Launch last August in New York City.

    As early as March, hackers breached the computer network of LoopPay, a start-up that was acquired by Samsung in February, NYT reports.

  • Endangered Species Act list won't add American eels Wednesday, 7 Oct 2015 | 10:03 AM ET

    PORTLAND, Maine— American eels will not be listed under the Endangered Species Act, the U.S. Fish and Wildlife Service said Wednesday, a victory for fishermen of the increasingly valuable species. The wildlife service rejected a petition from the California- based Center for Environmental Science, Accuracy& Reliability to list the eels— which are prized in Asian...

  • CNBC Explains: Why Americans lack flood insurance Tuesday, 6 Oct 2015 | 12:15 PM ET
    A vehicle and a home are swamped with floodwater from nearby Black Creek in Florence, South Carolina, Monday, Oct. 5, 2015.

    CNBC explains why there is a large gap between the number of households and amount of flood insurance policies in high-risk areas.

  • NEW YORK— Twitter on Tuesday launched a new feature called "Moments" that helps highlight the top stories being tweeted. For example, two "Moments" on Tuesday included tweets about the South Carolina floods breaking dams and a pygmy hedgehog called Marutaro. The news comes a day after Twitter co-founder Jack Dorsey returned officially to the San Francisco...

  • Historic flooding hits South Carolina Tuesday, 6 Oct 2015 | 10:00 AM ET
    Historic flooding hits South Carolina

    South Carolina's economic losses from the historic and deadly flooding will easily top $1 billion, experts say, but the looming issue for the state and federal government is that most of it will be uninsured.

  • Dangerous flooding threatens S.C. Tuesday, 6 Oct 2015 | 8:19 AM ET
    Dangerous flooding threatens S.C.

    NBC's Dave Wagner reports days of torrential rainfall has prompted mandatory evacuations in some parts of South Carolina as fears rise the disaster is not over yet.

  • S. Carolina flood losses: Who's going to pay? Tuesday, 6 Oct 2015 | 6:56 AM ET
    Flooding in the Shadowmoss Plantation, located in the Charleston subdivision of West Ashley, South Carolina, October 4, 2015.

    South Carolina's losses from the floods will easily top $1 billion, but the issue for the government is that most of it will be uninsured.

  • Sun's out but South Carolina's ordeal far from over Tuesday, 6 Oct 2015 | 6:21 AM ET
    Clare Reigard of Georgetown, South Carolina, abandons her car after it stalled on Duke Street due to heavy rains in Georgetown, South Carolina October 4, 2015.

    South Carolina was expecting sunshine after days of inundation, but it will take weeks for the state to return to normal after historic rainstorm.

  • S. Carolina floods: 4.4 TRILLION gallons of water Monday, 5 Oct 2015 | 11:38 AM ET
    Flooding in the Shadowmoss Plantation, located in the Charleston subdivision of West Ashley, South Carolina, October 4, 2015.

    Dubbed a "1,000 year rain event" by meteorologists, the flooding has been blamed for at least seven deaths throughout South Carolina.

  • South Carolina hit by '1,000-year' floods Monday, 5 Oct 2015 | 7:02 AM ET
    South Carolina hit by '1,000-year' floods

    CNBC's Becky Quick reports on the historic storm to hit South Carolina over the weekend.

  • Joaquin fizzles, but SC reels under heavy flooding Sunday, 4 Oct 2015 | 4:51 PM ET
    Alexandria, Virginia public works employees load sandbags for local citizens on October 2, 2015.

    In scores of swift-water rescues, emergency agencies scrambled in the rain to reach South Carolina residents trapped by floods, The NYT reports.

  • The message, posted on unitednegotiations.com, said the company offered significant pay increases, but a deal that the Teamsters reached Wednesday with American Airlines Group Inc "reset the market." It will reconvene talks with the Teamsters in two weeks. "Delta and American are setting the pace, and United is dragging its feet," Teamsters negotiator Clacy...

  • WASHINGTON— Congress approved bipartisan legislation Thursday aimed at preventing premium increases that some smaller businesses were expecting next year under President Barack Obama's health care law. When Democrats pushed the health care overhaul through Congress in 2010, they believed that increasing the number of companies classified as small...

  • SPARTANBURG, S.C.— 1 person dies in flooding in South Carolina as the East Coast braces for heavy rainstorms.

  • SAN BERNARDINO, Calif.— Regional Mexican music singer and television star Larry Hernandez will be extradited to South Carolina where he has been accused of kidnapping and assault during a business dispute, a judge ruled Wednesday. Hernandez, 38, consented to extradition during a court hearing in San Bernardino, California, and will remain jailed without bail...

  • The law offers up to 30 years of tax breaks for data centers investing $400 million and creating at least 20 jobs with an average annual compensation of $40,000. Google is projected to get $81 million of incentives from the state, plus additional local incentives, for a $600 million facility at the site of a former coal-fired power plant. We just don't want to spend...