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Top News & Analysis Maine

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  • "Walmart and others were a fundamental force in getting many companies to go the way of the dodo," he said. Avgoustis was among some 2,000 executives from U.S. manufacturing companies who journeyed to Wal-Mart Stores Inc headquarters here on July 7 to huddle in tiny conference rooms with Walmart buyers and present products made in the U.S. They would also get...

  • Leaders with the AFL-CIO, an umbrella group for 56 member unions representing more than 12.5 million workers, will press her on issues such as trade, infrastructure and the types of officials she would name to the Federal Reserve's Board of Governors. During its gathering in Silver Spring, Maryland, on July 29-30, the AFL-CIO's executive council will also have...

  • WASHINGTON/ NEW YORK, July 9- A Super PAC backing Republican presidential candidate Jeb Bush has raked in a record $103 million, the group, Right to Rise, said in a statement today, dispelling rumors that the outside spending group would fall short of expectations. Bush's presidential campaign also announced Thursday that it had raised $11.4 million in the two...

  • WASHINGTON/ NEW YORK, July 9- A Super PAC backing Republican presidential candidate Jeb Bush has met its fundraising goal of raking in at least $100 million by the end of June, two sources familiar with the matter said on Thursday. A second contributor said Right to Rise had raised more than $100 million and that the PAC would make an announcement soon.

  • 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 to gain presence in Connecticut, Massachusetts, Maine and New York as part of an expansion plan in...

  • 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...