Scott Cohn, NBR, CNBC.com’s Posts

When electric-car maker Tesla touched off a multistate bidding war for its Gigafactory battery plant last year, most of the attention focused on the tax breaks and other incentives states were offering. Nevada won the competition, but it turns out it wasn’t the state’s $1.25 billion in subsidies that sealed the deal. It was the …

The nationwide measles outbreak that started at Disneyland in Southern California is now hitting home in the tech community in Northern California, with word this week that a LinkedIn employee in the San Francisco office may have exposed hundreds of Bay Area commuters to the disease. Meantime, at least one operator of day care centers …

Oil is the lifeblood of Alaska’s economy. Nearly 90 percent of the state’s revenue comes from the oil industry. So when the price of oil plunges to less than half what state budget planners were forecasting just a few months ago, the impact is huge. Indeed, every state is feeling some effects from the collapse …

Even proud locals in this city of rolling hills on the Mahoning River have to admit that Youngstown has seen better days. But it has also seen worse. In fact, for the first time in years, this symbol of the Rust Belt is seeing some shiny glimmers of hope. The better days in Youngstown were …

I WENT BACK TO OHIO BUT MY CITY WAS GONE THERE WAS NO TRAIN STATION THERE WAS NO DOWNTOWN —The Pretenders, “My City was Gone” In her classic 1982 song about her hometown, singer-songwriter Chrissie Hynde of The Pretenders mourns the changes in Akron, Ohio—once a gritty but picturesque manufacturing town, sliced up in the …

The court-appointed trustee rounding up funds for victims of the epic Madoff Ponzi scheme says the total recovered now tops $10 billion, an amount virtually no one thought possible when the scam collapsed nearly six years ago. Trustee Irving Picard filed the latest proposed settlement Monday in U.S. Bankruptcy Court in Manhattan. The deal would …

Georgia’s first-place finish in our 2014 America’s Top States for Business rankings set off the central debate in all 50 states in this midterm election: which party is best for business—and for job creation? Groups on both sides have unleashed a deluge of campaign funds to settle the question, in this most expensive midterm election …

On a busy stretch of U.S. Highway 441 in central Florida, about a mile from a Walgreen’s pharmacy and a mile and a half from the nearest CVS, sits a small storefront in a strip mall offering an alternative. “Canadian Discount,” says the bright red and yellow sign on the window. Inside, a woman wearing …

The smallest state once again has the smallest score. Rhode Island, the Ocean State, hits the bottom of CNBC’s America’s Top States for Business rankings for the third time in four years. The poor showing comes despite a sweeping package of reforms approved last year, including more than two dozen pieces of legislation aimed directly at Rhode …

One sign the national recovery may finally be taking hold is what is happening in states hit hard by the Great Recession. Take Georgia, for example. Unemployment is still above the national average, coming in at 7.2 percent in May. But the state is adding jobs faster than most of the country, helping Georgia to …

The historic Detroit bankruptcy case moves into a crucial and contentious phase with the expected filing this week of the city’s so-called plan of adjustment. That is the city’s plan to settle with its creditors and emerge from America’s largest-ever municipal bankruptcy. The plan has implications not only for Detroit, which is struggling under some …

In a news conference on the JPMorgan settlement of the Madoff Case, U.S. Attorney for the Southern District of New York Preet Bharara said the bank as an institution, failed and failed miserably. It will cost JPMorgan Chase nearly $2.6 billion total to settle allegations that it turned a blind eye to Bernard Madoff’s epic Ponzi scheme. …

The budget compromise heading to President Obama’s desk for his signature includes a provision to limit access to one of the most common vehicles for identity theft: the Social Security Administration’s “Master Death File.” The online index, which includes records of the more than 85 million deaths reported to the agency since 1936, was designed …

“You only find out who is swimming naked when the tide goes out,” wrote Warren Buffett. He was talking about the recession in 2002, but it also describes the lives of prosecutors and regulators following the financial meltdown in 2008. Now that markets and the economy are rebounding and the tide is rising, will the …

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. The campus-like prison is where, …