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Top News & Analysis Maine

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  • MADRID, July 1- Power group UIL Holdings said on Wednesday it would quickly address regulators' concerns after its $3 billion takeover by Spain's Iberdrola was rejected by a U.S. antitrust watchdog in a preliminary decision. Iberdrola agreed in February to buy UIL, a company with presence in Connecticut, Massachusetts, Maine and New York, to expand in the United...

  • America's top states to live in 2015 Wednesday, 24 Jun 2015 | 4:44 PM ET
    Top States 2015 Quality of Life

    Locales that have the lowest crime rates, good health systems and an inclusive society ranked highest in CNBC's annual survey.

  • The 10 worst states for business in America in '15 Wednesday, 24 Jun 2015 | 4:30 PM ET
    n abandoned, graffiti-covered home stands adjacent to occupied properties in the Bywater neighborhood of New Orleans, Louisiana.

    From states with sluggish economies to the worst education systems, find out what set these locales back to make them the bottom 10.

  • 44. Maine Wednesday, 24 Jun 2015 | 4:20 PM ET
    Top States 2015: Maine

    The Pine Tree State offers serene quality of life, but workers aren’t staying to enjoy it. Productivity is worst in the nation.

  • Tornadoes pummel Midwest; storms threaten 70M Tuesday, 23 Jun 2015 | 7:37 PM ET

    A storm is moving towards the Northeast, with destructive wind gusts stretching a threat from New England to Ohio, NBC News reports.

  • OTTAWA/ MONTREAL, June 22- The Canadian government on Monday charged the Montreal Maine& Atlantic Canada Railway Ltd, its affiliate and eight people with violating federal railway safety and environmental laws in connection with a 2013 oil train crash that killed 47 people and flattened the heart of the Quebec village of Lac-Megantic. Canada's transport...

  • NEW YORK/ WASHINGTON, June 22- U.S. health insurer Anthem Inc on Monday dismissed concerns that buying smaller competitor Cigna Corp would be considered anti-competitive, even as antitrust experts said the combination would earn regulatory scrutiny. Anthem, which runs Blue Cross Blue Shield plans in 14 states, disclosed on Saturday that it had offered to buy...

  • OTTAWA, June 22- Charges were brought on Monday in connection with the 2013 oil train crash that killed 47 people and flattened the heart of the Quebec village of Lac-Megantic, the Canadian government said. The disaster occurred in July 2013 after a single engineer parked his train for the night on a main line uphill from the small town of Lac-Megantic.

  • SHERBROOKE, Quebec, June 17- A Quebec judge reserved his decision on Wednesday on whether to grant a motion that would clear the way for a settlement between victims of the 2013 Lac-Megantic oil train disaster and dozens of companies and individuals linked to the crash that killed 47 people. Patrice Benoit, the lawyer representing the defunct railway at the...

  • U.S. senators say OPM data breach appears state-sponsored Wednesday, 10 Jun 2015 | 11:37 AM ET

    WASHINGTON, June 10- Members of the U.S. Senate Intelligence Committee said on Wednesday that a massive theft of data last week from U.S. government computers appears to have been state-sponsored, although they stopped short of pointing the finger at China. The breach of Office of Personnel Management computers was disclosed on Thursday by the Obama...

  • June 8- World Fuel Services Corp has agreed to contribute $110 million to a compensation fund for victims of the Lac-Megantic rail disaster as part of a settlement with the Montreal, Maine and Atlantic Railway and its bankruptcy trustees. A subsidiary of World Fuel Services sold the light crude oil that was on the runaway train when it crashed in the center of the...

  • Surveillance powers lapse with no deal in Senate Monday, 1 Jun 2015 | 12:56 AM ET
    Construction trailers sit in front of the new National Security Agency (NSA) data center June 10, 2013 in Bluffdale, Utah.

    The NSA lost its authority at midnight to collect Americans' phone records in bulk, after Senator Rand Paul stood in the way of the program.

  • A US workplace civil war that's at a tipping point Friday, 29 May 2015 | 10:00 AM ET
    Protesters march around the Capitol after participating in a rally against a "right-to-work" proposal, on Saturday, Feb. 28, 2015, in Madison, Wis.

    The US is split over right to work laws—literally. Exactly half of the 50 states are right-to-work states—the next will tip the balance.

  • Only high-income households have managed to build significant savings, and the Center for Retirement Research at Boston College says 52 percent of today's working-age households face the shock of declining living standards in retirement. "If you have a dollar to spend on retirement security, it's much better to spend it on Social Security than by spreading...

  • TORONTO, May 28- Toronto Dominion Bank posted a quarterly profit that beat market expectations on Thursday, driven by strong growth in its Canadian retail and wholesale businesses. The results follow bullish quarterly numbers from Royal Bank of Canada, Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Canada, which reported...

  • LOS ANGELES, May 26- Judging by the latest performance rankings, two 529 college savings plans in particular look enticing. SavingForCollege.com, a plan comparison website that publishes rankings each quarter, said the District of Columbia's direct-sold DC 529 College Savings Program topped the lists for one-, three- and five-year performance as of March 31.

  • TORONTO, May 26- Toronto Dominion Bank said on Tuesday it will acquire Nordstrom's U.S. consumer credit card portfolio as the Canadian bank looks to use its strong balance sheet to expand its lending business in the United States. But under the terms, Nordstrom will receive a large slice of net revenue generated by the credit card accounts. Nordstrom's U.S. credit...

  • NEW YORK, May 14- After 20 years in the oil business, Craig Reed, 62, is thinking about winding down his career just as a second downturn in six years rocks the industry. For him, it is maybe two more projects and then retirement beckons, with a holiday home in Maine that needs work. Industry data show energy firms have cut at least 125,000 jobs worldwide since crude...

  • WASHINGTON, May 8- Americans with health insurance under Obamacare, including Republicans, are generally satisfied with it, a Reuters/ Ipsos opinion poll found, posing a quandary for Republican politicians who have long vowed to repeal it. One of the most divisive U.S. laws in decades, Obamacare helped launch the conservative Tea Party movement that has reshaped...

  • BOSTON, May 6- Puerto Rico's troubled electric utility on Wednesday asked a U.S. appeals court for an alternative to restructure some $9 billion in debt, saying it would otherwise be at the mercy of U.S. bond funds. The legal battle moved on Wednesday to Boston where lawyers for both sides argued for more than an hour before the U.S. Court of Appeals for the First...