And whether it's worth paying to avoid all blackouts is a theme that has been on the mind of Steven Weissman, he's a professor of Electricity Law at the University of California, Berkeley. We reached him on this blackout anniversary to learn about how the nation's energy system is structured. Weissman says the grid is really made up of several complex networks.
Two years after cantaloupe were linked to one of the worst foodborne outbreaks in U.S. history, lawyers have filed a fresh round of lawsuits. Meanwhile, farmers are trying to win back customers after their signature crop was tarred by a broad brush.
Steinway & Sons, the 160-year-old musical instrument maker, is set to change hands.
Last month, a private equity firm emerged as the company's likely buyer. But a mystery bidder — rumored to be hedge fund manager John Paulson — has swooped in at the last minute, and now looks likely to take control of one of the oldest manufacturers in the United States. Paulson made billions betting against the housing market at a time when many thought housing prices could only go up. His reported offer for the company is $458 million.
Ten years ago, a sagging power line hit a tree near Cleveland, tripping some circuit breakers. To compensate, power was rerouted to a nearby line, which began to overheat and sink down into another tree, tripping another circuit. The resulting cascade created a massive blackout in the Northeast U.S., affecting power in eight states and part of Canada.
What's the busiest U.S. Consulate in the world? If you guessed in Mexico or China, you'd be wrong.
It's actually in Brazil, Sao Paulo to be exact. The consulate there is giving a record number of visas to Brazilians who want to visit the U.S. And that is giving a boost to the economies of cities like Miami.
On a recent day, Tiago Dalcien and his girlfriend stand outside the U.S. Consulate in Sao Paulo clutching their passports and other documents. He is a 30-year-old banker; his girlfriend is a doctor.