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Top News & Analysis Boston

  • Richard Anderson, who spearheaded Delta's growth into the world's largest airline by market value when he retired as chief executive in May 2016, will become president and co-CEO on July 12, two days after Amtrak launches the rebuilding program at New York City's Pennsylvania Station. The repairs, estimated to cost $30 million to $40 million over several years,...

  • WASHINGTON— A decade after setting Delta Air Lines on a post-bankruptcy resurgence, the airline's former chairman and chief executive officer is taking on another transportation challenge: Amtrak. When Anderson left Delta in 2016, the airline posted an 18 percent operating-profit margin, better than rivals American Airlines and United Airlines.

  • The co-founder of a Massachusetts pharmacy sentenced to nine years in prison for a nationwide meningitis outbreak that killed 76 people and sickened hundreds more must report to prison by early August. Barry Cadden was acquitted of second-degree murder charges under federal racketeering law but was convicted of conspiracy and fraud charges.

  • BOSTON— Danielle Ramos' student-debt nightmare was supposed to be over. Like thousands of others who studied at failed for-profit colleges, she was promised by the U.S. Education Department under President Barack Obama that her federal loans would be forgiven by now. Education Department officials dispute those claims, saying they're working quickly to...

  • BOSTON/ NEW YORK, June 26- Investors betting trillions on ethically-appealing stocks may not be getting all they expect. However, some investors and funds may rely too much on the scores of one rating firm, said Dan Hanson, a portfolio manager at Jarislowsky Fraser Global Investment Management. "We don't have a common vernacular," said Asha Mehta, director of...

  • Boston Mayor: GOP health-care bill 'bad for America'

    Boston Mayor Martin Walsh, (D), talks about some of the key issues that are being addressed at the U.S. Conference of Mayors' annual meeting, including immigration, health-care, tax reform and infrastructure spending.

  • BOSTON/ NEW YORK, June 26- Investors betting trillions on ethically-appealing stocks may not be getting all they expect. However, some investors and funds may rely too much on the scores of one rating firm, said Dan Hanson, a portfolio manager at Jarislowsky Fraser Global Investment Management. "We don't have a common vernacular," said Asha Mehta, director of...

  • BOSTON— The co-owner of a pharmacy responsible for the deaths of 76 people was sentenced Monday to nine years in prison after he tearfully apologized to victims who described watching their loved ones die or enduring excruciating physical pain from a 2012 nationwide fungal meningitis outbreak caused by contaminated steroids. "I am so sorry for your...

  • WORCESTER, Mass.— A man accused of killing a Google employee who went out for a run near her mother's Massachusetts home last summer has been indicted. Worcester County District Attorney Joseph Early Jr. says a grand jury handed down the indictment Friday against Angelo Colon-Ortiz. The Worcester resident was arrested in connection with the death of 27-...

  • *Energy, housing stocks help lift Wall Street. NEW YORK, June 23- World stocks advanced on Friday to end the week with a slight gain as a drop in the dollar helped boost slumping oil prices. "Overall, the market is saying it would be nice to have a little more strength in the energy sector but the economy is doing OK without it," said David Joy, chief market strategist at...

  • NEW YORK, June 23- Heading into second-quarter earnings season, investors are looking for a continuation of strong U.S. company results to justify high stock valuations, now trading near their loftiest levels since 2004.. "A lot of the expectation for a recovery in earnings is predicated on oil prices being around $47- $50 a barrel," said Hugh Johnson, chief...

  • June 23- A U.S. jury on Friday ordered Syngenta AG to pay $217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it. The verdict by a federal jury in Kansas City, Kansas, was announced by lawyers for the farmers, who blamed the Swiss company for causing catastrophic...

  • Ford factory in Michigan

    Ford announced it would move some production of its Focus small car to China instead of Mexico.

  • June 23- A federal jury on Friday ordered Syngenta AG to pay $217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it. The verdict by a federal jury in Kansas City, Kansas was announced by the farmers' lawyers. It came in a lawsuit blaming the Swiss company for...

  • BOSTON— Prosecutors say the co-founder of a Massachusetts pharmacy linked to a deadly nationwide meningitis outbreak should be sent to prison for 35 years for showing "an unconscionable disregard for the lives of the patients." The Centers for Disease Control and Prevention traced the illnesses and deaths from the outbreak to medical steroids made by the...

  • COLUMBUS, Ohio— Governors in several states that opted to expand Medicaid under former President Barack Obama's health care law are wary of the Senate Republican plan to end the added federal funding for it within seven years. The proposal released Thursday calls for a slower phase-out of the Medicaid expansion than a bill adopted earlier by the House.

  • June 22- The S&P healthcare index rose 1 percent on Thursday, hitting its fifth consecutive record close following the release of Senate Republicans' bill to replace Obamacare, while financial and consumer staple shares ended lower. The legislation aims at curbing Medicaid funding and reshaping subsidies to low-income people for private insurance.

  • *European shares flat, Wall Street modestly higher. Oil edged up from November lows hit in the prior session, when U.S. crude hit its lowest intraday level since August 2016, sentiment remained negative from a supply glut that has persisted despite OPEC- led efforts to balance the market. Those declines weighed on European shares but the picture was reversed on...

  • TOKYO, June 22- The Nissan Motor Co Ltd and Renault SA alliance plan to launch driverless ride-hailing and ride-sharing services in coming years, as the automakers look beyond making and selling cars to survive an industry being quickly transformed by new services. Automakers are leveraging expertise in automated driving functions for mass-market cars to...

  • TOKYO, June 22- Nissan Motor Co Ltd on Thursday said it plans to launch driverless ride-hailing and ride-sharing services in coming years, as the automaker looks beyond making and selling cars to survive an industry being quickly transformed by new services. Automakers are leveraging expertise in automated driving functions for mass-market cars to develop...