| Oct 31, 2014
| 7:18 AM
NEW YORK (Reuters) - During Morgan Stanley's public earnings call earlier this month, Chief Executive James Gorman made a remark that hit his commodities staff like a bombshell: the bank plans to further "optimize" its business of owning and trading stuff...
| Oct 30, 2014
| 4:54 PM
HARTFORD — When his collegiate season ended in March, Ryan Haggerty embarked on a professional hockey career.
But rather than stepping off the RPI campus and onto the AHL ice, Haggerty reported for duty with the New York Rangers. He was just 21...
| Oct 30, 2014
Chicago-based Exelon's profit rose 26 percent in the third quarter on higher revenue at its regulated utilities.
The country's largest owner of nuclear power plants, Exelon reported net income of $993 million, or $1.15 per share, versus $738 million, or...
| Oct 28, 2014
| 1:57 AM
SEOUL (Reuters) - Samsung Group heir apparent Jay Y. Lee is moving to acquire small stakes in two of the group's financial firms, which analysts say will help the scion solidify control of South Korea's largest conglomerate as a succession looms.
| Oct 27, 2014
| 8:04 PM
The state's top consumer advocate is accusing Connecticut Light & Power of submitting manipulated evidence and dishonest testimony to utility regulators regarding its controversial $221 million rate case.
Seeking sanctions against the state's largest...
| Oct 28, 2014
| 1:28 PM
The Calvert Cliffs nuclear power plant will face increased regulatory oversight after an August finding that a miscalculation on the operators' part could have led to an unnecessary emergency response to an insignificant radiation leak.
| Oct 24, 2014
| 12:11 PM
KIGALI (Reuters) - Rwanda has suspended the BBC's local radio service after the broadcaster aired a documentary that questioned official accounts of the 1994 genocide, the Rwanda Utilities Regulatory Authority said on Friday.
"Rwanda: The Untold Story,"...
| Oct 23, 2014
| 5:18 PM
Federal regulators announced Thursday that the Calvert Cliffs nuclear power plant may continue to keep its spent fuel at the southern Maryland plant for another 40 years.
The Nuclear Regulatory Commission renewed permission for the plant's owner, Exelon...
| Oct 22, 2014
| 2:30 AM
Like many people over 50, I regularly receive invitations to seminars held at pricey local restaurants. Typically, these invitations offer a free lunch or dinner along with a presentation on how to make the most of retirement income and assets. I've often...
| Oct 20, 2014
| 7:18 PM
Ruling that transmission rates in New England are too high, federal energy regulators have ordered Northeast Utilities, United Illuminating and other electric companies to issue an estimated $70 million in refunds to ratepayers.
Of that, as much as $30...
| Oct 13, 2014
| 7:00 AM
On Feb. 9, 2011, natural gas from a cracked cast-iron pipe fueled a massive explosion that lit up the sky in Allentown, killing five people and destroying eight row homes at 13th and Allen streets.
The explosion echoed another — just six months...