CNBC's Scott Cohn reports from the Patapsco Wastewater Treatment Plant in Baltimore, Maryland, where the city has budgeted $3 billion over the next several years to fix the system.» Read More
As much as 5 inches of snow were forecast for Monday night into Tuesday for an area stretching from Virginia into New York, the National Weather Service said. "I don't think things are going to warm up anytime soon," said Bruce Sullivan, National Weather Service meteorologist.
SILVER SPRING, Md.-- Specialty drugmaker United Therapeutics Corp. said Monday that it received a subpoena from federal regulators looking into the company's marketing of three drugs used to treat a form of hypertension. United Therapeutics said it intends to cooperate with the investigation. United Therapeutics shares fell 31 cents to $90.66 in trading.
Northern Maryland received 7 to 10 inches of snow over the weekend, while central and eastern Pennsylvania got 4 to 10 inches, and parts of New York received up to 10 inches through Monday morning, according to the weather service.
They want the EPA to force nine states- Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, Tennessee, Virginia and West Virginia- to regulate the emissions that cross into their borders through prevailing winds and contribute to higher ozone levels to the north and east of the upwind states.
Dec 9- A massive winter storm that drove parts of the southern United States into a deep freeze over the weekend kept a tight grip on the region on Monday while bitter temperatures, snow and ice spread through the East Coast.
They want the EPA to force nine "upwind" states- Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, Tennessee, Virginia and West Virginia- to regulate the emissions that cross into their borders through prevailing winds and contribute raising ozone levels to the north and east of them.
Marching north, it was expected to pummel the East Coast with snow, sleet, and freezing rain from Baltimore to north of Portland, Maine, according to the National Weather Service. The Delaware Memorial Bridge, which links Delaware with New Jersey, was closed briefly "due to ice and multiple accidents," according to the bridge's official Twitter account.
The storm was moving up the East Coast, with snow, sleet, and freezing rain expected from Baltimore, Maryland, to north of Boston, according to the National Weather Service. The system was expected to reach Philadelphia and New York City by Sunday afternoon and linger over the area through Monday morning's rush hour commute.
NEW YORK, Dec 6- General Electric Co has agreed to pay as much as $18.25 million to settle a class action lawsuit accusing it of rigging bids for municipal securities, court papers filed on Friday show.
Jos. A. Bank Clothiers Inc. disclosed Thursday that Ohio's attorney general is looking into some of its advertising and marketing practices. Kate Hanson, a representative for Ohio Attorney General Mike DeWine, said the office could not comment under state law.
*Third-quarter adj earnings/share $0.51 vs est $0.49. Dec 5- Men's suit retailer Jos. A. Bank Clothiers Inc said comparable-store sales rose in November, suggesting its new strategy of offering more straight discounts rather than buy-one-get-more offers was paying off.
Dec 5- Suit and tuxedo retailer Jos. A. Bank Clothiers Inc, the target of a takeover offer from bigger rival Men's Wearhouse Inc, reported a 2 percent rise in quarterly profit as new promotions boosted total sales. Men's Wearhouse last month bid $1.5 billion for the company after Jos. A. Bank withdrew an offer to buy Men's Wearhouse.
WASHINGTON-- The D.C. Council voted unanimously Tuesday to increase the District of Columbia's minimum wage to $11.50 an hour, one of the nation's highest. Last month, suburban Montgomery and Prince George's counties in Maryland also approved raising their minimum wages to $11.50.
BOSTON/ WASHINGTON Dec 3- Are proxy advisory firms giving mutual funds too much help with their homework? That question is due for airing at a event in Washington on Thursday focused on the role of proxy advisers like Institutional Shareholder Services and Glass, Lewis& Co. that help funds decide how to vote at corporate annual meetings.
Dec 3- Patients who are being treated for a leading cause of blindness among the elderly might be able to scale back on eye injections if trials confirm the potential of an eye drop being developed by a small New York- based company.
Shares of Osiris Therapeutics Inc. slipped in premarket trading Tuesday, a day after the stem cell therapy developer announced that President and CEO C. Randal Mills will leave for personal reasons.
CONCORD, N.H.-- Linda Ficken isn't nervous about confronting the former traveling hospital technician who infected her with hepatitis C. But she is a bit worried about losing her temper.
Geostellar, a startup backed by power producer NRG Energy Inc, is seeking to become the Expedia or Orbitz of the solar industry-- a one-stop shop where consumers can not only compare the benefits of leasing solar panels versus buying them outright, but ultimately sign up to install a system.
*Tech adviser cites dramatic improvement since Oct. 1. Dec 1- Two months after the disastrous launch of a website that is a key component of President Barack Obama's healthcare law, administration officials said on Sunday they had met their goal of getting the HealthCare.gov site running smoothly but warned that it needs more fixes.
NEW YORK-- Osiris Therapeutics said Friday that Medicare reimbursement rates for outpatient use of its wound care product Grafix should stay the same for about two more years. Shares of Osiris Therapeutics Inc. rose 64 cents, or 3.8 percent, to $17.59.