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So Punxsutawney Phil says there will be six more weeks of winter. Who cares? This weather has really messed up businesses all around the country

So Punxsutawney Phil says there will be six more weeks of winter. Who cares? This weather has really messed up businesses all around the country

You're far from VCs and surrounded by people who don't like risks. Then again, the potential to be a big fish in a small pond is huge. Launching a tech start-up outside the VC-obsessed Silicon Valley and New York City comes with a catch-22.

By Scott DiSavino (Reuters) - Proposed federal environmental regulations could shut about 13,000 megawatts of coal fired generation, boost power prices, threaten electric reliability and cost billions to retrofit or replace most of the region's existing coal fleet, according to U.S. power grid operator Midwest Independent System Operator (MISO). [More]

New study reveals that more people are starting businesses as a source of higher income than out of opportunity. Necessity, not opportunity, is driving entrepreneurship, says a new report. The Global Entrepreneurship Monitor, a nonprofit research consortium, Monday released its latest National Entrepreneurial Assessment for the United States.

Australia's James Nitties won the Midwest Classic on Saturday for his first Nationwide Tour title, shooting with a 6-under 65 for a five-stroke victory.

By Colleen Jenkins ST. PETERSBURG, Fla (Reuters) - More extreme weather was expected across the country on Sunday, as parts of the Midwest and Northeast faced possible flooding from slow-moving storms while blistering triple-digit temperatures were expected in coastal Southeastern states.

By Michael Hirtzer CHICAGO (Reuters) - Drought worsened in the Midwest during the last week as record-high temperatures stressed the developing corn and soybean crops, while cotton and pastures eroded amid a historic drought in the southern Plains.

Whether or not the increased number of natural disasters is real or imagined, one thing is clear: We're paying more and more money to deal with their aftermath. Major weather disasters appear to be occurring so frequently that they are now often referred to as the new normal . But are there actually more disasters, or are we just more attuned to their presence

By Lauren Keiper BOSTON (Reuters) - Rising sea waters may threaten U.S. coastal cities later this century, while the Midwest and East Coast are at high risk for intense storms, and the West could see compromised water supplies

By Julie Ingwersen CHICAGO (Reuters) - A historic drought in the southern Plains intensified in the last week and contributed to dry conditions emerging in the heart of the Midwest crop belt, a weekly climatologists' report said Thursday. [More]

When it gets hot, power companies can be pushed to the brink, but knowing when everyone is going to blast their AC at the same time can help them plan for all eventualities. There's no getting around it; the number of extreme weather events has significantly increased over the past few years. Heat waves--along with their accompanying droughts and strains on the electrical grid--are some of the most common extreme weather phenomena.

Severe thunderstorms, some producing tornadoes, are beginning to develop across the Midwest this afternoon. A potent storm tracking through this region is tapping into a warm, moist air mass, setting the stage for widespread showers and strong thunderstorms

While there is still so much money in natural gas, those turbines will have to wait.

The Mississippi River has leveled off, but flooded communities throughout the Midwest remain in crisis. Mark Strassmann reports on the challenges ahead for victims of the flood.