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Top News & Analysis Maine

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  • 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...

  • WASHINGTON, April 24- Aiming to acquire more budget powers and take a swipe at Obamacare, Republicans will likely scrap a proposal that stirred controversy and helped launch Wisconsin congressman Paul Ryan on the national stage: privatizing the Medicare health program. Ryan's bold Medicare "premium support" plan would be sacrificed to ensure passage of...

  • BRUNSWICK, Maine, April 21- Maine Governor Paul LePage on Tuesday proposed amending the state's constitution to eliminate the income tax, telling lawmakers the strategy was the best way to make the tax cut he desires permanent. The proposal, opposed by Democrats who control the state House of Representatives, would insert language in the state's 195- year old...

  • WASHINGTON, March 19- Democrats' support is softening for Hillary Clinton, their party's presumed 2016 presidential front-runner, with many favoring an independent review of her personal email use when she was secretary of state. Support for Clinton's candidacy has dropped about 15 percentage points since mid-February among Democrats, with as few as 45...

  • Support for Clinton's candidacy has dropped about 15 percentage points since mid February among Democrats, with as few as 45 percent saying they would support her in the last week, according to a Reuters/ Ipsos tracking poll. Clinton, who ran for the White House in 2008 and lost to Obama, is expected to announce as early as April that she plans to seek the White House...

  • LOS ANGELES, March 9- President Obama' s aborted attempt to tax 529 plans may end up being a boon to the state-run college savings plans. Assets in 529 plans have grown steadily since the IRS formulated rules for them in 1996, and got a big boost five years later when Congress made distributions from the plans tax-free if used for qualified higher education...

  • NEW YORK, March 6- U.S. consumers battered by the wretched winter weather still afflicting much of the eastern half of the country have responded by ordering in rather than eating out, flying more frequently to Florida and cutting out trips to the mall, according to a Reuters review of company data. While the relentless weather has dented traffic and sales for...

  • Feb 26- Bank of America Corp said on Thursday that two members of its board of directors and its chief accounting officer will be leaving the company in coming weeks. Directors Charles "Chad" Holliday, who chaired the bank's board until chief executive Brian Moynihan took on that role in October, and Clayton Rose will not stand for re-election at the company's...

  • Forestry company J.D. Irving filed a notice with Canadian regulators this week, saying it was "vitally concerned" about how TransCanada Corp's proposed Alberta- to- New Brunswick pipeline would affect its operations. In a filing with the National Energy Board on Monday, J.D. Irving said about 170 km of the proposed pipeline route would cross its forest holdings in...

  • Forestry company J.D. Irving filed a notice with Canadian regulators this week, saying it was "vitally concerned" about how TransCanada Corp's proposed Alberta- to- New Brunswick pipeline would affect its operations. In a filing with the National Energy Board on Monday, J.D. Irving said about 170 km of the proposed pipeline route would cross its forest holdings in...

  • Feb 22- Union members ratified an agreement on Sunday that ends a four-month-long strike by some 1,800 workers at FairPoint Communications, a major land-line telecommunications provider in northern New England, union officials announced. Union and FairPoint negotiators reached a tentative agreement on Feb. 19, followed by three days of union member voting...

  • WASHINGTON, Feb 17- Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to pay much more for coverage or lose their health insurance. In response to Reuters' queries, spokespeople for the...