industry

Ryan Caron King / WNPR

As Schuyler Thomson lead a group of paddlers down the Housatonic River in northwest Connecticut, he squinted through the morning sunlight on the water. 

Patrick Skahill / WNPR

From floods to fires --  burst pipes to a man overboard, when something goes wrong on a commercial fishing vessel -- crew members at sea need to act fast. But how do they prepare? 

Just a few months ago, the price of a barrel of crude oil reached a 30-year low. That price has inched up since then, but still, it remains 60 percent lower than it was in the summer of 2014.

Pratt & Whitney

Pratt and Whitney’s original engine has been designated as a national engineering landmark. The honor for the Wasp comes around the 90th anniversary of its first flight. 

Harriet Jones / WNPR

The U.S. Navy recently picked Groton's Electric Boat shipyard to build 12 new submarines in what could be a $100 billion contract. 

David Ohmer / Creative Commons

For the United States, the 20th century marked a period of vast and unparalleled prosperity thanks -- in large part -- to an economic model known as the “mixed economy.” Under that model, the nation's government and markets operated in tandem, creating a robust coalition from which health, wealth, and well-being not only grew, but flourished. 

Connecticut’s fuel cell companies are hoping to make a splash this week at one of the world’s biggest industrial innovation trade shows. 

A buyback of emissions-cheating cars was one solution Volkswagen offered in federal court Thursday, outlining an agreement between the carmaker and the Justice Department over hundreds of thousands of diesel vehicles that were sold in the U.S. despite not meeting pollution standards.

Car owners would be able to choose between having their vehicle fixed or accepting a buyback; financial details weren't revealed about the plan, which both the government and VW are calling an "agreement in principle."

Yahoo goes on sale Monday. At least some of you reading this are thinking, "Yahoo? Are they still around?"

Yes, this company founded in 1994, is ancient by Internet standards, but, according to the measurement company comScore, Yahoo sites are the third-most trafficked on the Internet. Among its properties are Yahoo Finance, News, Search, Mail, Tumblr and Flickr.

A coal-mining giant has filed for Chapter 11 bankruptcy protection amid an industrywide slump.

Peabody Energy — which is the biggest coal miner in the U.S. and says it is the largest private-sector coal company in the world — is looking to restructure its heavy debt load and gain relief from its creditors. It hopes to continue operations unimpeded.

Nearly 40,000 workers at Verizon have gone on strike, objecting to, among other things, outsourcing and temporary location transfers.

The two unions representing Verizon workers say their employees have been without a contract since August. They call the walkout, which began at 6 a.m. ET Wednesday, "by far the largest work stoppage in the country in recent years."

NPR's Joel Rose tells our Newscast unit:

"The striking employees mostly work in Verizon's wireline business — landline phone, video and Internet — on the East Coast.

General Electric plans to donate $50 million over the next five years to Boston and the surrounding area.

Nancy Eve Cohen / NEPR

The CEO of General Electric has broken his silence over the company’s dispute with the Federal Environmental Protection Agency. 

Pfizer and Allergan won't be merging after all, the companies announced Wednesday.

U.S. drugmaker Pfizer and Irish competitor Allergan were planning to combine into the largest pharmaceutical giant in the world.

U.S. companies will find it much harder to reduce their taxes by merging with foreign firms under new rules introduced by the Obama administration, and that's already throwing the fate of one big deal in doubt.

Shares of Allergan were down sharply Tuesday, as investors questioned whether its $150 billion merger with pharmaceutical giant Pfizer will still take place.

General Electric has committed to donating $50 million to Massachusetts philanthropy as the company prepares to move its corporate headquarters to Boston. 

The Boston Public Schools will be the biggest beneficiary, in line to receive $25 million for computer science courses and other career preparedness. Another $15 million will go to community health centers around greater Boston.  GE will reserve $10 million for workforce training programs in cities and towns outside the Boston metro area.  

The parent company of Alaska Airlines has struck a deal to buy Virgin America, creating a West Coast-focused airline. If approved by regulators and Virgin America's shareholders, the combined airline will be the fifth-largest U.S. carrier, according to Alaska Air Group.

"By bringing them together, we're creating the premier airline for people who live anywhere on the West Coast," Alaska Air Group CEO Brad Tilden said in a statement.

A Beijing-based banking and insurance company has lost the fight for Starwood Hotels, leaving Marriott as the prospective new owner of the company that operates the Sheraton and Westin hotel chains.

Announcing its exit from takeover talks Thursday, the Anbang Insurance Group cited "various market considerations." The withdrawal came days after Starwood said there was a good chance the Chinese firm would make a "superior proposal" to Marriott's.

Tesla, the maker of electric vehicles, Thursday night unveiled its mass-market Model 3. The car is expected to have a range of 215 miles at a base price of $35,000 ($27,500 after federal tax credits).

Tesla CEO Elon Musk told a crowd of loyal fans in Hawthorne, Calif., he is "fairly confident" the vehicle will go on sale in 2017. That the assembled crowd laughed at the statement is a sign of the near-cult following Tesla (and Musk) enjoy.

By 10 p.m. PDT, the company had received 140,000 advance orders, according to Musk, for a car almost no one had seen.

General Electric wants to be removed from the federal government's list of too-big-to-fail financial institutions, arguing that it's no longer a major player in the financial services industry.

Simon Cunningham / Creative Commons

This campaign season has seen the attack on the concept of government in full swing, with Republican candidates pledging to cut taxes and downsize federal agencies.

Harriet Jones / WNPR

Fairfield University said it will partner to redevelop the headquarters campus that General Electric is leaving in the town.

David Ohmer / Creative Commons

For the United States, the 20th century marked a period of vast and unparalleled prosperity thanks -- in large part -- to an economic model known as the “mixed economy.” Under that model, the nation's government and markets operated in tandem, creating a robust coalition from which health, wealth, and well-being not only grew, but flourished. 

DC Central Kitchen / Creative Commons

They say it's important to eat breakfast every day. But what if you eat two breakfasts?

According to a new study, students who eat two breakfasts -- one at home and one at school -- are less likely to experience unhealthy weight gain than students who skip the meal altogether

General Electric wants to be one of the first American companies to capitalize on the thaw in U.S.-Cuba relations. The Fairfield-based conglomerate expressed its interest in providing power, aviation and medical equipment to the Cuban government in an agreement signed Monday. 

The FBI may have found a new way to crack into the locked iPhone of one of the San Bernardino shooters — a method that doesn't require Apple's help.

This is a major new development in the increasingly heated debate between the tech giant and the government, which has argued that Apple should be compelled to write new special software that would override some security features. That was the only way, investigators previously had said, that they could crack the phone's passcode without jeopardizing its contents.

The Supreme Court agreed Monday to hear Samsung's appeal of a Federal Circuit Court ruling in the company's patent infringement dispute with Apple.

At issue in the case: What portion of the profits is a design-patent infringer liable to pay?

Apple accuses the South Korean tech giant of copying patented aspects of the iPhone's design, such as the round-cornered front face and the colorful icon grid.

Starwood

The drama involving Stamford’s Starwood Hotels and Resorts continues. It now looks as if the company will go with its original merger partner after all. 

Daniel Orth / Creative Commons

Some residents say a Bloomfield attorney should have recused himself from offering the town legal advice on a tax abatement for a water bottling plant because he works for the water authority.

Doctors have long disputed the accusation that the payments they receive from pharmaceutical companies have any relationship to how they prescribe drugs.

There's been little evidence to settle the matter, until now.

A ProPublica analysis has found that doctors who receive payments from the medical industry do indeed prescribe drugs differently on average than their colleagues who don't. And the more money they receive, the more brand-name medications they tend to prescribe.

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