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Top News & Analysis Boston

  • BOSTON— The owner of a Boston company facing manslaughter charges stemming from the deaths of two employees in a trench collapse has been released on personal recognizance. Kevin Otto and an attorney for the company, Atlantic Drain Services Inc., both entered not guilty pleas at Thursday's arraignment. Authorities say 47- year-old Robert Higgins and 53-...

  • BOSTON _ Houghton Mifflin Harcourt Co. on Thursday reported a loss of $181 million in its fourth quarter. On a per-share basis, the Boston- based company said it had a loss of $1.48. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 71 cents per share.

  • The Boston- based real estate investment trust said it had funds from operations of $131.2 million, or 50 cents per share, in the period. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 45 cents per share. Five analysts surveyed by Zacks expected $938.3 million.

  • BOSTON _ Wayfair Inc. on Thursday reported a loss of $44 million in its fourth quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 50 cents per share. Wayfair shares have climbed 18 percent since the beginning of the year.

  • WARWICK, R.I.— Low-cost carrier Norwegian Air Shuttle is promising to boost traffic at smaller airports on both sides of the Atlantic Ocean when it starts service to Europe this summer from Rhode Island, Connecticut and New York. Norwegian Air announced Thursday that it's opening new flight crew bases and plans to hire pilots and flight attendants at Rhode...

  • PEORIA, Ill.— Peoria Mayor Jim Ardis planned to open this year's State of the City speech by thanking Caterpillar Inc. for its longtime commitment to the central Illinois town, declaring "We wouldn't be Peoria without Caterpillar." It's been that way for decades in Peoria and in other company towns across the United States. Caterpillar's recent decision to move...

  • BOSTON _ Boston Beer Co. on Wednesday reported fourth-quarter net income of $22.2 million. On a per-share basis, the Boston- based company said it had profit of $1.75. For the year, the company reported profit of $87.3 million, or $6.79 per share.

  • BOSTON _ Safety Insurance Group Inc. on Wednesday reported fourth-quarter net income of $12 million. Safety Insurance shares have dropped slightly since the beginning of the year. Keywords: Safety Insurance, Earnings Report.

  • The incident Monday at New York's Kennedy Airport is being investigated by the Transportation Security Administration, the agency that was created to protect the nation's airports after the 2001 attacks. "Mistakes happen, but they're supposed to be there to protect our lives," said Kylie Welsh, who returned to Boston from a trip to Pittsburgh on Wednesday.

  • BOSTON _ Eaton Vance Corp. on Wednesday reported fiscal first-quarter earnings of $60.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. Eaton Vance shares have climbed 6 percent since the beginning of the year.

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • Tuesday's decision was a setback for hedge fund Perry Capital and other investors that sought to challenge the lower court's dismissal of lawsuits arguing the government's confiscation of profits was illegal. Major owners of the companies' preferred stock include Bruce Berkowitz's Fairholme Funds Inc, while William Ackman's Pershing Square Capital...

  • San Francisco, California

    Buyers with lower household incomes can expect heavy competition for the listings they can afford, NBC News reports.

  • SUPREME COURT REJECTS BOSTON SCIENTIFIC CORP APPEAL OF $308 MILLION JURY VERDICT IN PATENT LICENSING DISPUTE.

  • A tiger jumps through a ring of fire during a show at the Atayde Hermanos Circus in Mexico City August 8, 2014.

    The circus, which raises money for charity, lost money for the first time in its 63-year history in 2016 after it scrapped animal acts.

  • BOSTON— A circus is being lionized for bringing back animal acts a year after earning praise from animal rights groups for dropping them to keep up with changing public attitudes. The Melha Shrine Circus, which has seven performances over four days scheduled for May in western Massachusetts, brought back performing elephants, tigers and dogs because that's...

  • CEO and co-founder of Snapchat Evan Spiegel

    Snap, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday.