BOSTON, Sept 18- A resident of a Massachusetts city rocked by last week's deadly gas blasts that damaged dozens of homes sued utility operator NiSource Inc on Tuesday, accusing it of inadequately maintaining its distribution system. The proposed class action lawsuit targets NiSource and its subsidiary Columbia Gas of Massachusetts, which services Andover,...
A class action lawsuit has been filed against Columbia Gas and its parent company on behalf of residents impacted by natural gas explosions and fires in Massachusetts. Frank Petosa, one of the attorneys who filed the lawsuit, said they are seeking to provide the families justice and hold Columbia Gas accountable. Moody's Investor's Service says the gas...
The lawsuit is the first of what's likely to be several filed against Columbia Gas and its parent company over Thursday's explosions, which killed one person and injured more than two dozen in Lawrence, Andover and North Andover. Columbia Gas officials didn't immediately respond to an email on Tuesday. A letter sent by the state's U.S. senators to executives at...
Do Democrats have enough political momentum to seize control of the House and the Senate from Republicans in November? Three major factors will shape the outcome.
NEW YORK, Sept 17- Gary Cohn, the former economic adviser to U.S. President Donald Trump, gave a ringing endorsement of Wall Street bankers on Monday, arguing that borrowers were just as responsible for the 2007-2009 financial crisis as lenders and ridiculing rules intended to make the system stronger in its aftermath. In a wide-ranging conversation at an event...
BOSTON, Sept 14- Thousands of miles of natural gas pipelines in Massachusetts are leak-prone and need repair, utilities have told state regulators, highlighting aging energy infrastructure risks after explosions ripped through three towns outside of Boston this week. Columbia Gas, a unit of NiSource Inc, owns and operates nearly 5,000 miles of gas pipeline...
Asked Thursday evening if she agreed with Tom Steyer's effort to impeach Trump, Warren answered, "Nope."
CNBC's Andrew Ross Sorkin reports on his conversation with Sen. Elizabeth Warren (D-Mass.)
Warren said she worries about the financial security of working and middle class Americans, who she says have not enjoyed the spoils of a stronger economy.
Warren has championed tougher financial regulation since she joined the Senate in 2013.
Jamie Dimon has led the biggest winner of the post-crisis decade, but is there a convincing succession plan at the US bank? The Financial Times reports.
Ten years after Lehman Brothers filed for bankruptcy and helped trigger a global financial crisis, Democrats appear to be more staunch defenders of government regulation.
A new report by congressional investigators details how hackers broke into Equifax last year in a breach that exposed the financial information of more than 145 million Americans. Shares of Equifax plunged by about one-third last year after news broke about the massive breach. The Government Accountability Office, the investigative arm of Congress,...
WASHINGTON, Sept 4- U.S. regulators said on Tuesday they will giving the public an extra 30 days to comment on a proposed rewrite of the "Volcker Rule" banning proprietary trading by banks. The five regulators charged with enforcing the rule will now accept comments until Oct. 17. The Federal Reserve, Federal Deposit Insurance Corporation, Securities and Exchange...
In theory, Trump's agreement with Mexico creates a better trade deal than NAFTA, if you're a pro-labor liberal, that is, and not an executive, investor or consumer.
People close to the Democratic megadonor and former hedge-fund manager say he will likely run for the White House if Democrats retake control of Congress.
WASHINGTON, Aug 23- The U.S. Senate Banking Committee voted on Thursday to advance President Donald Trump's pick to head the federal consumer watchdog despite criticism from Democratic senators. Kathy Kraninger, a senior official in the Office of Management and Budget, was approved on a 13-12 party-line vote to run the Consumer Financial Protection Bureau.
Sen. Elizabeth Warren proposes a new bill that would ban members of Congress and the White House staff from owning individual stocks.
The bill, which comes amid speculation that Warren could run for president in 2020, would also create "conflict-free investment opportunities for federal officials with new investment accounts."
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