Latest New products and services News

At $2M, priciest ever medicine treats fatal genetic disease

May. 24, 2019 5:52 PM EDT

U.S. regulators have approved the most expensive medicine ever, for a rare disorder that destroys a baby's muscle control and kills nearly all of those with the most common type of the disease within a couple of years. The treatment is priced at $2.125 million. Out-of-pocket costs for patients will vary based on...

Female CEOs are competitively paid, but greatly outnumbered

May. 24, 2019 4:15 PM EDT

The few women who are CEOs of the largest U.S. companies typically make more money than their male counterparts but aren't close to the top of the leaderboard for pay packages. The median pay package for female CEOs in the 2018 fiscal year was $12.7 million, compared with $11.2 million for men, according to data...

Editorials from around New England

May. 24, 2019 3:31 PM EDT

Editorials from around New England: ___ CONNECTICUT Where's the talk about cutting spending? The Hartford Courant, May 24 For all the talk about where and how to raise taxes, legislators have actively avoided any talk about cutting spending in state government. That conversation needs to start. Some claim there's...

NASA's first-of-kind tests look to manage drones in cities

May. 24, 2019 12:22 AM EDT

RENO, Nev. (AP) — NASA has launched the final stage of a four-year effort to develop a national traffic management system for drones, testing them in cities for the first time beyond the operator's line of sight as businesses look in the future to unleash the unmanned devices in droves above busy streets...

Asia shares retreat on fears China-US trade row might spread

May. 24, 2019 12:15 AM EDT

TOKYO (AP) — Asian shares were mostly lower on Friday as worries that the standoff between the U.S. and China over trade might expand put investors in a selling mood. Japan's benchmark Nikkei 225 fell 0.5% to 21,053.95. Australia's S&P/ASX 200 lost 0.7% at 6,445.40. South Korea's Kospi dropped 0.9% to...

Trade impasse: Trump pledges $16B to farmers; markets slump

May. 23, 2019 8:09 PM EDT

WASHINGTON (AP) — President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute. U.S. Agriculture Secretary Sonny Perdue...

Home solar advocates push against proposed charge in Montana

May. 23, 2019 4:13 PM EDT

BILLINGS, Mont. (AP) — Renewable energy activists urged Montana regulators on Thursday to reject a utility's request to add a charge for homeowners who generate surplus electricity from their own solar panels. Over the past two decades, about 2,300 NorthWestern Energy customers in Montana installed their...

Montana organization awarded $500K for tiny home village

May. 23, 2019 3:16 PM EDT

BOZEMAN, Mont. (AP) — A Montana organization has been awarded a $500,000 contract to develop a village of 200-square-foot (18.5-sqare-meter) homes for people who are homeless. The Bozeman Daily Chronicle reports mortgage company Fannie Mae announced Wednesday that Bozeman-based Human Resource Development...

Plastics maker investing $9.5M in Mississippi, hiring 50

May. 23, 2019 5:28 AM EDT

SARDIS, Miss. (AP) — A plastics maker is expanding in north Mississippi, investing $9.5 million and hiring 50 workers over four years. United Solutions of Leominster, Massachusetts, announced Tuesday that it will increase production at its Sardis plant, where it makes buckets and other items. The company...

Brazil's Natura announces purchase of Avon Products

May. 22, 2019 6:38 PM EDT

RIO DE JANEIRO (AP) — The Brazilian cosmetics maker Natura announced Wednesday that it is buying Avon Products in an all-stock deal that it valued at $3.7 billion, in move that would create the world's fourth-largest group of beauty products. Shareholders of both companies would have to approve the deal....