Top News & Analysis South Carolina


  • South Carolina rain: 1.2 million gallons per person Thursday, 8 Oct 2015 | 12:06 PM ET
    Hunter Baker surveys flood damage to his neighborhood near the flooded Black Creek following heavy rains in Florence, S.C., Oct. 5, 2015.

    Here is a cluster of facts and figures about the historical rain that fell across South and North Carolina.

  • Gusty wind may add to risks along soggy East Coast Wednesday, 7 Oct 2015 | 7:34 AM ET
    A vehicle is stuck in high water on Bay Road in Myrtle Beach, South Carolina October 5, 2015.

    Forecasters are warning wind gusts topping 35 mph could down trees and power lines across the Carolinas and Virginia.

  • 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.

  • 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.

  • The message, posted on, 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, Sept 28- Republican presidential candidate Jeb Bush has reserved $7.8 million in air time in January and February for TV ads in the key states of New Hampshire, Iowa and South Carolina, the Bush campaign said on Monday. The Bush campaign reserved $1 million in air time in Iowa, which on Feb. 1 holds the first nominating contest on the road to the November...

  • The verdict marked a victory for the SEC, which has recently suffered a series of trial losses in insider trading cases, most notably the 2013 verdict clearing billionaire Mark Cuban. Earlier this month, the SEC lost its only other insider trading trial in 2015, with an administrative law judge clearing former Wells Fargo& Co trader Joseph Ruggieri.

  • NORTH CHARLESTON, S.C., Sept 23- Republican presidential front-runner Donald Trump bashed Boeing Co. on Wednesday over its plans to open a new facility in China that the company's largest union says could hurt American workers. Boeing announced on Wednesday a deal to sell China 300 new aircraft. "Boeing is going to sell 300 jets to China, but as part of the deal,...

  • Sept 22- SAN FRANCISCO- When Ohio's Supreme Court last October backed the death penalty for Ashford Thompson, the ruling was close. Ohio is one of the states where high court judges are directly elected- and that, a Reuters analysis found, makes a big difference in death penalty appeals. Justices who are initially appointed but then must appear on the ballot in "...

  • WASHINGTON/ NEW YORK, Sept 15- General Electric Co said on Tuesday it will move as many as 500 U.S. power turbine manufacturing jobs to Europe and China because it can no longer access U.S. Export-Import Bank financing, reigniting a congressional battle over the suspended institution's future. The largest U.S. industrial conglomerate said France's COFACE...

  • General Electric shipping 500 jobs overseas Tuesday, 15 Sep 2015 | 1:03 PM ET
    General Electric

    General Electric is planning to move 500 jobs overseas, citing the Export-Import Bank expiration.

  • WASHINGTON, Sept 15- General Electric Co said on Tuesday that it will move 500 U.S. power turbine manufacturing jobs to Europe and China because it can no longer access U.S. Export-Import Bank financing after Congress allowed the agency's charter to lapse in June. GE said that France's COFACE export agency has agreed to support some of the industrial giant's...

  • Sept 13- The average price of a gallon of gasoline in the United States fell 27 cents in the past three weeks as refiners and retailers gave up some of their profits margins to sell more fuel, according to the Lundberg survey released on Sunday. Regular grade gasoline fell to $2.44 per gallon in the Sept. 11 survey from $2.71 on Aug. 21, when the previous survey was taken...

  • The machinists' low-key presence highlighted the new Airbus factory's significance to a commercial aircraft industry that's in transition from a unionized, centralized past to a future where rivals Boeing Co and Airbus build planes around the world, in factories that may no longer be union shops. The IAM, which represents about 35,000 Boeing employees, said...

  • Sept 9- One day after ousting its chief executive, United Continental Holdings Inc and its new boss, Oscar Munoz, moved to reassure shareholders and employees that the company is stable. The airline also got a boost on Wednesday after acting Chief Financial Officer Gerry Laderman said at an investor conference that United is on track to save $1 billion in annual...