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  • TORONTO, Aug 28- The chief executive of infidelity website Ashley Madison's parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault. Avid Life said on Friday the departure of Noel Biderman was by "mutual agreement" and its existing senior management team would take over until a new...

  • TORONTO, Aug 28- Noel Biderman, the chief executive of infidelity website Ashley Madison's parent company Avid Life, has left the company, weeks after hackers launched a cyber assault that leaked sensitive data about millions of clients. The Canadian company was rocked by the release of Ashley Madison customer data on Aug. 18 by hackers who claimed to be unhappy...

  • Wynn earns key state approval for Boston-area casino Friday, 28 Aug 2015 | 10:59 AM ET

    BOSTON— Wynn Resorts won a key state approval for its Boston- area casino late Friday, bringing the $1.7 billion project billed as the state's largest single private development another step closer to finally breaking ground. The finding, he said, sets in motion more detailed permitting, review and approval processes at the local, state and federal levels for the...

  • PROVIDENCE, R.I.— The state agency that owns the waterfront land where the Pawtucket Red Sox want to build a stadium racked up nearly $150,000 by mid-July in legal and consulting fees to review the proposal, according to documents obtained by The Associated Press through a records request. As of July 15, the I-195 Redevelopment District Commission had been...

  • LAS VEGAS— Las Vegas plans to double the number of international gates at McCarran International Airport with the expectation that foreign travel to the destination will climb as officials seek out prized direct flights, particularly with Asia. McCarran International Airport director Rosemary Vassiliadis said Thursday that construction to convert...

  • WASHINGTON— Famous people don't often get involved with Medicare payment policy, but a Boston Marathon bombing survivor and a former U.S. senator who lost a leg in wartime service have joined an industry campaign to block new requirements for artificial legs and feet. A Medicare spokesman refused to answer questions about the proposed changes, issuing a...

  • BNY Mellon said an accounting system it relies on to calculate the prices of clients' mutual funds and exchange traded funds broke down over the weekend just as investors headed into a global market meltdown sparked by fears over the Chinese economy. The system, run by financial software provider SunGard, resumed with limited capacity on Tuesday but was still...

  • UPDATE 1-BNY Mellon says fund pricing system collapsed Wednesday, 26 Aug 2015 | 2:54 PM ET

    BNY Mellon blamed the pricing glitch on a system used by financial software provider SunGard. BNY Mellon spokesman Kevin Heine said he did not know how many funds had been affected. BNY Mellon was able to construct Monday net asset values for all affected funds.

  • BNY Mellon experiences problems with NAV calculations Wednesday, 26 Aug 2015 | 2:09 PM ET

    BNY Mellon was not available for comment. First Trust, which manages several exchange-traded funds, said on Wednesday in a statement that the net asset value of some of its funds contained errors greater than 1 percent. "The errors resulted from a technical malfunction at our third party administrator, the Bank of New York Mellon," First Trust said.

  • Airfare deals pop up as airlines wage limited fare wars Wednesday, 26 Aug 2015 | 12:46 PM ET

    Don't expect widespread sales or cheap flights home for Thanksgiving. Fliers have been able to fly Chicago to Boston for $80 roundtrip, San Francisco to Las Vegas for $67 roundtrip and New York to Los Angeles, with a connection, for $150 roundtrip. "This is the big break consumers have been waiting for in response to lower fuel prices," says Seth Kaplan, managing...

  • NEW YORK, Aug 26- Most U.S. Treasuries prices rose on Wednesday after a top Federal Reserve official scaled back his view of a rate increase in September in the wake of market turbulence stemming from worries about China's economy. The Fed is no hurry to raise rates even though it wants to get off to zero-bound rates, "said Brian Brennan, portfolio manager at T. Rowe...

  • Growing US economy causing traffic woes Wednesday, 26 Aug 2015 | 12:01 PM ET

    Los Angeles, San Francisco and New York come next on the list of urban areas with the longest delays. Overall, American motorists are stuck in traffic about 5 percent more than they were in 2007, the pre-recession peak, says the report from the Texas A&M Transportation Institute and INRIX Inc., which analyzes traffic data. Rounding out the Top 10 worst commuting...

  • WASHINGTON— Many Americans have just absorbed a financial beating— at least as measured by their stock holdings. It's the kind of blow that can feed a sense of helplessness about retirement, college savings and higher-than-expected bills. But take a look at other gauges of Americans' financial health, and a more nuanced picture emerges:.

  • WASHINGTON— Many Americans have just absorbed a financial beating— at least as measured by their stock holdings. It's the kind of blow that can feed a sense of helplessness about retirement, college savings and higher-than-expected bills. But take a look at other gauges of Americans' financial health, and a more nuanced picture emerges:.

  • Massachusetts single-family home sales soar in July Tuesday, 25 Aug 2015 | 11:10 AM ET

    BOSTON— More single-family homes were sold in Massachusetts last month than in any month in more than a decade, The Warren Group reported Tuesday. "July's numbers are the result of a very strong spring season and are an improvement over the sluggish start to the year," said Cassidy Murphy, editorial director of The Warren Group. Both groups reported an increase of...

  • *U.S. to hold $26 billion two-year note auction. "If the stock market does stabilize here, it's going to be a close call for a September rate hike," said Richard Schlanger, portfolio manager at Pioneer Investments USA in Boston. While they considered the likelihood of a Fed rate increase given the risk from a slowing Chinese economy, investors made room in their...

  • US home rents rose in July as ownership market cooled Tuesday, 25 Aug 2015 | 8:30 AM ET

    On a month-to-month basis, rents increased in Baltimore, Boston, Minneapolis, Phoenix and Washington, D.C. By contrast, home values in those markets declined. The trend is most pronounced around Washington, where home values slipped on an annual as well as on a monthly basis. Over the past 12 months, the median home price in Washington fell 0.7 percent to $356,500.

  • WASHINGTON— Even as anxious investors send stock prices plunging, many Americans are sounding a rather different note:. For now, the panic on Wall Street does not appear to have spread very far. "I'm certainly not panicking or looking for tall buildings," said Vincent Signorotti, 62, a San Diego- based executive for a company that builds geothermal plants in Southern...

  • Micron Products Inc., a wholly-owned subsidiary of Arrhythmia Research Technology based in Fitchburg, makes the new ammunition, which are much larger than rubber bullets and have silicone heads that expand and flatten on impact, enhancing the pain and incapacitating a suspect. 'I had to shake it off, "said Allen Ezer, executive vice president of Security Devices...

  • BOSTON— Massachusetts' top transportation official says Wynn has adequately addressed traffic and transit issues surrounding its planned $1.7 billion casino project for the Everett waterfront. She said Wynn's plan for transit-related improvements in the area, including a commitment to invest over $7 million into subway operations, will address...