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  • WASHINGTON, Dec 17- Companies would have to disclose publicly whether they have anyone on their board who is a "cyber security expert" under legislation introduced in the U.S. Senate on Thursday. The outlook for approval of this proposal was unclear, but it comes at a time of growing concern in Congress about damaging computer hacks that have hit companies such as...

  • CEO Ignacio Galan declined comment on Avangrid's likely valuation on the New York Stock Exchange, but a market source estimated it at between $10 billion and $12 billion. The new company, the result of Iberdrola's $3 billion takeover of U.S. gas and power utility UIL Holdings Corp and subsequent merger with Iberdrola's U.S. activities, will be one of the three...

  • WASHINGTON/ NEW YORK, Dec 9- A pediatric doctor in Alabama had to scramble to find a less expensive supply of a lifesaving drug to treat an infant who was suffering from a parasitic infection. These are two of the stories a U.S. Senate panel heard on Wednesday at a hearing to explore why certain off-patent prescription medicines sold by companies like Valeant...

  • INSIGHT-U.S. debt limit threat defanged on Wall Street Wednesday, 2 Dec 2015 | 1:00 AM ET

    WASHINGTON, Dec 2- Wall Street trembled when Republicans first began threatening to force the United States into default by not raising the federal debt limit, but after four years of fiscal standoffs, the threat looks increasingly like a bluff and the markets are calling it. "The near-death experience we had in 2011 has given us the sense that we're not going to do...

  • Nov 17- USPlabs, which sold the best-selling workout supplement Jack3d, and six of its executives face criminal charges for the unlawful sale of nutritional supplements, the U.S. Justice Department said Tuesday in announcing a larger probe by federal agencies aimed at stemming the sale of unproven products. The indictment says that USPlabs LLC used a...

  • BOSTON, Nov 13- Maine Governor Paul LePage on Friday said building high-voltage transmission lines from eastern Canada will be key to helping New England cut its soaring electricity costs, which he said had driven out businesses and cost the region jobs. "There's a better future for New England if we open the door to Quebec," he said at the New England-Canada...

  • BOSTON, Oct 27- After shelling out about $1,000 a month to heat his 190- year-old Massachusetts bed and breakfast during a harsh winter last year, Brian Weinrich is hoping for some relief this season. The U.S. Energy Information Administration predicted this month that households using natural gas as a heating fuel are likely to spend an average 10 percent less...

  • TORONTO, Oct 9- A U.S. bankruptcy judge on Friday approved a settlement that clears the way for payments to victims of Canada's Lac-Megantic crude-by-rail derailment, according to the trustee for the insolvent railway at the heart of the disaster. Forty-seven people were killed on July 6, 2013, when a Montreal, Maine& Atlantic railway train carrying Bakken oil...

  • WASHINGTON, Oct 7- Crystal tumblers of Kentucky bourbon and Tennessee whiskey, on the rocks. These American-as-apple-pie images from a report released on Wednesday are ones the White House wants to spring to mind when Americans think about the Trans-Pacific Partnership, a sprawling 12- nation Pacific Rim trade deal that President Barack Obama has to sell to...

  • WASHINGTON, Sept 25- President Barack Obama announced on Friday that he had reached a "common understanding" with Chinese President Xi Jinping on curbing economic cyber espionage, but threatened to impose U.S. sanctions on Chinese hackers who persist with cyber crimes. Speaking after White House talks during Xi's first U.S. state visit, Obama quickly homed in on...

  • Speaking after White House talks during Xi's first U.S. state visit, Obama quickly homed in on the thorniest dispute between the world's two biggest economies- growing U.S. complaints about Chinese hacking of government and corporate databases. The White House said the two leaders agreed to create a senior expert group to further discuss cyber issues, and a...

  • Obama greeted Xi on arrival at the White House for an elaborate ceremony on the South Lawn, including a military honor guard and 21- gun salute. The measures included an announcement by Xi that China will launch a national carbon cap-and-trade system in 2017 to help contain the country's emissions, which will build on seven regional pilot markets already...

  • NEW YORK, Sept 24- At least 27 U.S. state attorneys general on Thursday initiated a multi-state investigation of Volkswagen over its representations to consumers of its diesel vehicles, according to a spokeswoman for Illinois Attorney General Lisa Madigan. The crisis deepened on Thursday, when Germany's transport minister said Volkswagen had manipulated...

  • WASHINGTON/ NEW YORK, Sept 15- General Electric Co said on Tuesday it will move as many as 500 U.S. power turbine manufacturing jobs to Europe and China because it can no longer access U.S. Export-Import Bank financing, reigniting a congressional battle over the suspended institution's future. The largest U.S. industrial conglomerate said France's COFACE...

  • WASHINGTON, Sept 15- General Electric Co said on Tuesday that it will move 500 U.S. power turbine manufacturing jobs to Europe and China because it can no longer access U.S. Export-Import Bank financing after Congress allowed the agency's charter to lapse in June. GE said that France's COFACE export agency has agreed to support some of the industrial giant's...

  • PORTLAND, Maine, Sept 3- Leon Gorman, former president and chairman of family-owned L.L. Bean Inc, Maine's trademark outdoor gear and clothing company, has died of cancer, the company said on Thursday. Gorman, known among employees for his soft-spoken manner and for often bringing his hunting dogs into the office, helped to take the family business from a folksy $4.8...

  • Congress may block states from GMO food labeling Wednesday, 22 Jul 2015 | 12:31 PM ET
    Customers shop the produce aisle at a Kroger grocery store in Louisville, Kentucky.

    A food fight is under way in Congress that could decide whether genetically engineered food products are labeled using a new national standard.

  • Lobster prices are getting wicked high... again Friday, 17 Jul 2015 | 5:58 PM ET
    lobster

    Blame a brutally cold winter in the Northeast for the reason why lobster prices are creeping about $1 to $2 higher than last year.

  • Lobtser pops this summer Friday, 17 Jul 2015 | 2:51 PM ET

    Find out how severe the price hike on lobster is this summer in Scarborough, Maine, with Gary Violet and Vinnie Clough from Bayley's Lobster Pound.

  • 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.