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Oct 16, 2013

GM to sell car next year powered by gasoline or natural gas

WASHINGTON (Reuters) – General Motors Co will begin selling a mid-sized sedan next summer that can be powered by either gasoline or compressed natural gas, the U.S. automaker’s chief executive said on Wednesday.

The 2015 Chevrolet Impala, GM’s first car powered by natural gas, will feature a powertrain that switches from compressed natural gas to gasoline seamlessly and has a total driving range of up to 500 miles, Dan Akerson said in a speech to be delivered at an energy summit in Washington.

Oct 7, 2013

Hundreds sickened in U.S. from salmonella outbreak linked to raw chicken

WASHINGTON (Reuters) – Hundreds of people in 18 states have become sick from a salmonella outbreak linked to raw chicken products made at three California plants owned by Foster Farms, the U.S. Department of Agriculture said on Monday.

“The outbreak is continuing,” USDA’s Food Safety and Inspection Service said in a statement.

Sep 27, 2013

U.S. removes roadblock to Actavis-Warner Chilcott deal

WASHINGTON (Reuters) – Federal regulators on Friday removed a roadblock to drugmaker Actavis Inc’s purchase of Warner Chilcott Plc after Actavis agreed to sell all rights and assets related to three oral contraceptives and an osteoporosis treatment.

The Federal Trade Commission said it settled charges that the $8.5 billion deal would be anticompetitive because of the companies’ stranglehold on certain drugs.

Sep 27, 2013

U.S. agency moves toward major study of ‘patent trolls’

WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Friday took another step toward a comprehensive study of “patent trolls” – companies in the business of buying and asserting patents – to see if they are hurting competition with abusive litigation.

FTC commissioners voted 4-0 to seek public comments on a proposal to collect information from about 25 “patent assertion entities.”

Sep 24, 2013

Miss Piggy, other Muppets, join Kermit the Frog at Smithsonian

WASHINGTON (Reuters) – Miss Piggy is finally getting the attention and recognition she desperately sought.

On Tuesday, the glamorous, fame-seeking pig secured her place in history when she and some of puppeteer Jim Henson’s other creations were donated to the Smithsonian Institution.

Sep 19, 2013

Prospects dimming for Obama’s energy regulator nominee

WASHINGTON, Sept 19 (Reuters) – The prospects of Ron Binz
taking the reins at the Federal Energy Regulatory Commission
dimmed on Thursday when Senate Republican Leader Mitch McConnell
said he would “work to defeat” the former Colorado regulator.

“Binz has a proven track record of hostility toward coal and
other traditional fossil fuels,” McConnell, from the
coal-producing state of Kentucky, said in a statement.

Sep 19, 2013

Senate approves measure to avoid ‘helium cliff’

WASHINGTON (Reuters) – The Senate on Thursday easily passed a measure that would prevent a shutdown of the U.S. helium reserve program in early October.

Helium – best known as the gas used to fill party balloons – is a critical product in the aerospace and defense industries and also used in the manufacture of smart phones and medical equipment, among other things.

Sep 17, 2013

Energy regulator nominee criticized for non mainstream view

WASHINGTON (Reuters) – Republicans and some Democrats criticized Ron Binz in a hearing on Tuesday on his nomination to lead a key U.S. energy regulatory agency as being non mainstream because his views on the nation’s energy future support renewable sources like wind over coal and natural gas.

Chairman of the Colorado Public Utilities Commission from 2007 to 2011 and currently a regulatory consultant, Binz was nominated by President Barack Obama in July to lead the Federal Energy Regulatory Commission.

Sep 17, 2013

U.S. energy regulator nominee criticized for non mainstream view

WASHINGTON, Sept 17 (Reuters) – Republicans and some
Democrats criticized Ron Binz in a hearing on Tuesday on his
nomination to lead a key U.S. energy regulatory agency as being
non mainstream because his views on the nation’s energy future
support renewable sources like wind over coal and natural gas.

Chairman of the Colorado Public Utilities Commission from
2007 to 2011 and currently a regulatory consultant, Binz was
nominated by President Barack Obama in July to lead the Federal
Energy Regulatory Commission.

Sep 13, 2013

U.S. puts conditions on Honeywell’s Intermec purchase

WASHINGTON (Reuters) – U.S. authorities on Friday cleared Honeywell International’s proposed purchase of mobile computing device maker Intermec on the condition that Honeywell license to a competitor certain key patents used in barcode scanners.

“Although divestiture of assets is the preferred remedy in merger cases, licensing requirements can preserve competition in markets where access to needed technology is the main barrier to entry,” said Deborah Feinstein, director of the Federal Trade Commission’s Bureau of Competition, said in a statement.

    • About Ros

      "Ros Krasny is Boston Bureau Chief, leading coverage of the New England scene. She was previously a regional Federal Reserve correspondent based in Chicago, and spent many years writing about agricultural commodity markets with Bridge News and Knight-Ridder Financial news."
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