Scott Cohn

The economic power of the LGBT rights movement is about to be put to the test in the standoff over a so-called ‘bathroom bill’ in North Carolina.

Lumber Liquidators ordered its stores to stop selling all Chinese-made laminate flooring effective immediately.

Former Kleiner Perkins Caufield & Byers junior partner Ellen Pao is seeking tens of millions of dollars in damages from her former employer.

Tuition increases are slowing, but average student loan debt has topped $30,000 per grad in several states for the first time.

Madoff suffered heart attack in prison last month

Michigan governor proposes Detroit aid plan

JPMorgan Chase is expected to pay about $2 billion to settle an investigation into its dealings with convicted fraudster Bernard Madoff, though no individuals at the bank will be implicated, sources familiar with the agreement told CNBC. The deal, which Manhattan U.S. Attorney Preet Bharara could an…

JPMorgan Chase “failed miserably” as an institution, a U.S. attorney said Tuesday in announcing a record settlement over the company’s role as Bernard Madoff’s bank. It will cost JPMorgan Chase nearly $2.6 billion total to settle allegations that it turned a blind eye to Madoff’s epic Ponzi scheme.…

Executives spared in JPMorgan's $2 billion Madoff deal: sources

U.S. authorities are investigating whether JPMorgan Chase tried to impede their investigation of the Bernard Madoff Ponzi scheme, CNBC has learned. The bank is in the final stages of negotiating a $2 billion settlement involving a variety of allegations of misconduct in its role as Madoff’s primary…

In a new email from federal prison, convicted con artist Bernard Madoff claims federal regulators “eagerly accepted” information he offered about JPMorgan Chase, which is in talks with U.S. authorities about a potential $2 billion settlement over its alleged role in the Madoff fraud. “I am not looki…

Madoff says he provided 'key information' to authorities

There is no mistaking the medium-security unit of the Butner Federal Correctional Complex, in Butner, N.C., for anything other than a prison. But Bernard Madoff could have done much worse. The grounds are carefully maintained, and some parts of the facility feel more like a college than a correctional institution. That’s where, on a crisp January morning this year, I spent two hours with Butner’s most infamous inmate. Madoff — who pleaded guilty in March 2009 to running a fraud of up to $65 bill…

There is no mistaking the medium-security unit of the Butner Federal Correctional Complex, in Butner, N.C., for anything other than a prison. But Bernard Madoff could have done much worse. The grounds are carefully maintained, and some parts of the facility feel more like a college than a correction…

And the top state for business is ... South Dakota

And the top state for business is ... South Dakota

Set it in stone! South Dakota, the home of Mount Rushmore, where the greatest presidents are carved into rock, is this year’s top state for doing business in America, according to CNBC. It finished ahead of Texas, last year’s winner, and neighboring North Dakota, which came third in the annual poll.…

One of the world’s most infamous and longest-running white collar crime cases could come to a dramatic end Friday, when Jeffrey Skilling and federal prosecutors go before a judge in Houston to ask that the former Enron CEO be released early from prison. The hearing before U.S. District Judge Sim Lake—Skilling’s first public appearance in more than six years—is the result of a proposed sentencing agreement first reported by CNBC on April 4. Skilling, now 59, developed Enron’s business model as…

One of the world’s most infamous and longest-running white collar crime cases could come to a dramatic end Friday, when Jeffrey Skilling and federal prosecutors go before a judge in Houston to ask that the former Enron CEO be released early from prison. The hearing before U.S. District Judge Sim La…

At a distance from a helicopter hovering over the Gulf of Mexico, Chevron’s South Timbalier 52 production platform seems like a speck, and it is easy to see how vulnerable it would be to a ferocious hurricane. Then you land and step out into a giant facility buzzing with activity from dozens of workers, That’s when you begin to get a sense of what is at stake. With the start of the 2013 Atlantic hurricane season kicking off officially on Saturday, Chevron and all the other companies operating in…