Top News & Analysis Alabama

  • "For the next few hours, we still expect the river to rise," said St. Joseph police Sergeant Casey Guyer, adding that some roadways were underwater. Officials said they expect levees to contain debris-laden river water as floodwaters head toward Kansas City, Missouri, about 55 miles south of St. Joseph, then other population centers in Kansas and Missouri downstream.

  • KANSAS CITY, Mo., March 21- Floodwaters that devastated swaths of Nebraska and Iowa rolled downstream along America's longest river on Thursday, swamping more Midwestern farmland as waterfront communities in Missouri and Kansas hurried to shore up strained levees. Flooding of the Missouri River triggered by last week's so-called "bomb cyclone" storm has...

  • KANSAS CITY, Mo., March 21- Missouri's governor declared a state of emergency on Thursday as floodwaters that left a swath of destruction across Nebraska and Iowa surged downstream, swamping small towns, roads and farmland in the U.S Midwest. Flooding triggered by last week's so-called "bomb cyclone" storm has already inflicted damage estimated at nearly $1.5...

  • VALLEY, Neb., March 21- As icy floodwaters fed by rains and melting snow receded in Nebraska and Iowa, leaving destroyed homes, drowned cattle and swamped farmland, Midwestern states downstream on Thursday braced for a relentless surge along the Missouri River, with more rain expected. Flooding from last week's storm has already caused nearly $1.5 billion in...

  • VALLEY, Neb., March 21- As icy floodwaters fed by rains and melting snow receded in Nebraska and Iowa, leaving destroyed homes, drowned cattle and swamped farmland, Midwestern states downstream on Thursday braced for a relentless surge along the Missouri River, with more rain expected. Flooding from last week's storm has already caused nearly $1.5 billion in...

  • NEW YORK, March 19- The benchmark S&P 500 index ended little changed on Tuesday as investor optimism regarding the Federal Reserve's expected affirmation of its dovish policy stance was offset by reports of fault lines emerging in ongoing U.S.- China trade negotiations. Financial stocks weighed on all three major U.S. stock indexes, which gave up early gains...

  • WASHINGTON, March 15- A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of "professional negligence," after saying the auditor should have identified problems leading to the 2009 collapse of Alabama- based Colonial Bank. The FDIC had sued the company in its role as receiver for Colonial Bank, which once...

  • But revenues have fallen short of forecasts by half, leaving Louisiana with a gap in financing for a $50 billion plan for projects to raise levees, build flood gates, widen evacuation routes and protect its eroding coastline. The stakes are particularly high for Louisiana, which has lost about 2,000 square miles of land over the last century because of...

  • President Donald Trump has prodded Japanese automakers to add more jobs in the United States as the White House has threatened to impose tariffs of up to 25 percent on imported vehicles, on the grounds of national security. Toyota said it will invest $288 million in Alabama to increase annual engine capacity from 670,000 to 900,000 by the end of 2021 and will add...

  • A timely renewal of the program is a top priority for the American Property Casualty Insurance Association, the trade group's chief executive officer, David Sampson, said in a recent interview. Sampson also wants Congress to make the program permanent and provide more clarity about coverage for cyber terrorism. "I'm not surprised that the industry is already...

  • Emergency personnel work the staging area at Sanford Middle School in Beauregard, Ala., Sunday, March 3, 2019, after tornados ravaged the area, causing multiple fatalities.

    Rescuers sifted through rubble looking for more dead and wounded after two back-to-back tornadoes touched down in Alabama, killing at least 23 people.

  • Feb 25- A joint venture of U.S. aerospace and defense companies General Dynamics Corp and Raytheon Co has won a $502 million contract to operate the U.S. Army's Ronald Reagan ballistic missile defense test site in the Pacific Ocean, the firms said on Monday. Under the 10- year contract, the joint venture, RGNext, will oversee the launches of space vehicles and...

  • Feb 21- Jeffrey Skilling, the onetime chief of Enron Corp who was sentenced to 24 years in prison for his conviction on charges stemming from the companys spectacular collapse, has been released from federal custody, the Houston Chronicle reported on Thursday. Skilling, 65, was moved in August 2018 from an Alabama prison camp to a residential re-entry facility...

  • NEW YORK, Feb 21- A U.S. judge has rejected Credit Suisse Group AG's bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on souring debt. District Judge Lorna Schofield in Manhattan was made public on Wednesday. The lead plaintiffs are four pension and...

  • NEW YORK, Feb 20- A U.S. judge has rejected Credit Suisse Group AG's bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on souring debt. District Judge Lorna Schofield in Manhattan was made public on Wednesday. The lead plaintiffs are four pension and...

  • THURSDAY, FEBRUARY 14 LONDON- Bank of England policymaker Jan Vlieghe delivers a speech on the outlook for the economy in Britain and globally, a week after the BoE slashed its forecasts for UK growth because of Brexit and the global slowdown- 0930 GMT. NEWARK, Del.- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on "Approaches to Leadership"...

  • Feb 13- "Apex Legends," the latest hit title by gaming company Electronic Arts Inc, is shaking up the online battle arena, but questions are lurking about how much fire power it has in the long-run and whether it can dislodge popular "Fortnite." After thrilling investors with its meteoric launch, "Apex Legends" fell briefly to the second spot Wednesday on streaming game...

  • PHILADELPHIA, Pa.- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the Jewish Business Network Power Lunch- 1700 GMT. DUBLIN- Federal Reserve Bank of Atlanta President Raphael Bostic participates in moderated discussion on the economic outlook and monetary policy before the European Financial Forum-...

  • **LONDON- Bank of England Governor Mark Carney speaks at an FT event as Brexit nears and the world economy slows- 1215 GMT. CINCINNATI, United States- Federal Reserve Bank of Cleveland President Loretta Mester speaks on the economic outlook and monetary policy before the Xavier University and Financial Executives International-- Cincinnati Chapter meeting, in...

  • NEW YORK, Feb 11- Wall Street languished near the starting gate in mid-afternoon trading on Monday as investor hopes over U.S.- China trade talks were muted by concerns about possible congressional gridlock and a diminished 2019 earnings outlook. Both Beijing and Washington expressed optimism about trade negotiations between the world's two largest...