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Top News & Analysis United States

  • CHARLESTON, W.Va.-- West Virginia's monthly tax collections have exceeded their estimate for the first time since the budget year began in July. September's general revenues topped $400 million, or nearly $12 million more than expected. West Virginia expected $993 million in general revenue by this point in the budget year.

  • NEW YORK, Oct 1- Investor Whitney Tilson has changed his mind and touted video rental company Netflix. After double digit losses in 2011 caused in part by being wrong-footed on Netflix, Tilson's T2 had a strong first quarter. Now Netflix has grabbed his attention largely for what he said should be strong global growth. "

  • *Entergy wants plant to run for another 20 years. Oct 1- A three-judge panel of the U.S. Nuclear Regulatory Commission will start hearings Oct. 15 on challenges to the license renewal application for Entergy Corp's Indian Point nuclear power plant north of New York City.

  • NEW YORK-- German business software maker SAP AG said Monday that it has closed its $4.51 billion acquisition of Ariba Inc., a maker of Web-based software that connects suppliers and buyers online.

  • *China's factory activity shrinks for 2nd month in Sept. NEW YORK, Oct 1- Brent crude fell slightly on Monday in choppy trading as oil markets balanced better-than-expected U.S. manufacturing data against signs of economic weakness in Asia and evidence of a new recession in the debt-saddled euro zone.

  • --We expect U.S. analog semiconductor manufacturer Intersil's revenues to be flat to modestly lower, on a sequential basis, over the next two quarters, as a result of continued difficult global macroeconomic environment in the second half of 2012..

  • WASHINGTON-- The U.S. Federal Aviation Administration is fining British Airways up to $250,000 for advertising fares that didn't fully disclose taxes and fees that passengers must pay.

  • Oct 1- Medical device maker Stryker Corp on Monday named Kevin Lobo, head of its orthopedics unit, as president and chief executive following an eight-month search.

  • Jerry Brown on Sunday announced that he had vetoed legislation that would have provided overtime pay, meal breaks and other labor protections to an estimated 200,000 caregivers, nannies and house cleaners in California.

  • WASHINGTON-- The Supreme Court opened its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities.

  • NEW YORK, Oct 1- General Electric on Monday launched a $7 billion sale of three-year, 10- year and 30- year notes, according to a term sheet. The deal is being brought by Barclays, Citigroup, Deutsche Bank, Goldman Sachs, JP Morgan and Morgan Stanley as joint bookrunners.

  • --The upgrade reflects a marginal increase in the balance of the total collateral backing the rated notes, as well as improved credit quality of the underlying collateral since our January 2011 rating actions.

  • WASHINGTON, Oct 1- The Supreme Court on Monday rejected an appeal by the former chief executive of a kosher meat packing plant in Iowa who was sentenced to 27 years in prison on charges of financial fraud.

  • *India, Middle East, Africa to lead high-tech product demand. have more disposable income and a heavy appetite for technology products like cell phones, tablets and laptops, " Ken Rankin, high-tech marketing director at UPS in Atlanta, said in a Friday interview with Reuters.

  • Oct 1- Standard& Poor's Ratings Services said today that it assigned its' AA+' rating to General Electric Co.' s. proposed senior unsecured debt offering of upwards of $5 billion. We believe the company will use most of the proceeds to meet its $5 billion February 2013 maturity.

  • Who will win the election — Obama? Romney? Wait, is that...Batman?!

    Who's going to win the 2012 presidential election — Obama or Romney? We check in wit the Halloween mask indicator, which has been eerily accurate, to find out!

  • Stephanie Boyse

    We  have confidence in Mexico’s ability to perform to our financial and social expectations, creating high quality products, delivering value, and operating as a true extension of our North American business.

  • Federal spending per capita: $30,318Total federal spending: $577.80 billionNumber of state residents: 19.1 millionThe state of Florida was the recipient of the most federal spending in the nation, both in total and on a per capita basis. It’s similar to second-place Louisiana in that one of the 10 prime awards it received went to the Department of Health and Human Services, and all the others went to the Department of Homeland Security.Other than the Harris Corporation, a telecommunications comp

    Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.

  • Benjamin Netanyahu, Prime Minister of Israel, points to a red line he drew on a graphic of a bomb while addressing the United Nations General Assembly on September 27, 2012 in New York City.

    The day after Benjamin Netanyahu's cartoon representation of an Iranian nuclear bomb went viral on the Internet, opinion was divided on whether the Israeli prime minister's headline-grabbing prop was a stroke of presentational genius or a cheap gimmick.

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    The Federal Reserve’s latest round of monetary stimulus could be disastrous to the US economy, claimed Albert Edwards, strategist at Societe General, who also sees future US economic difficulties taking their toll on global equity markets.