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Top News & Analysis Boston

  • Avaneesh Krishnamoorthy, an Indian citizen living in West New York, New Jersey, made about $48,000 trading Neustar stock and options in a brokerage account held by him and his wife, after learning that Golden Gate Capital was in talks to buy the company, court papers show. Shares of Neustar rose 21 percent last Dec. 14 after Golden Gate's takeover of the Sterling,...

  • NEW YORK, April 24- The nearly eight-year legal odyssey of former Goldman Sachs Group Inc programmer Sergey Aleynikov is not over, after New York State's highest court agreed to review his reinstated conviction for stealing high-frequency trading code. Aleynikov may appeal the conviction won by the office of Manhattan District Attorney Cyrus Vance because "...

  • NEW YORK, April 24- The nearly eight-year legal odyssey of former Goldman Sachs Group Inc programmer Sergey Aleynikov is not over, after New York State's highest court agreed to review his reinstated conviction for stealing high-frequency trading code. the Court of Appeals said in an order dated April 20. The order came nearly three months after an...

  • April 24- France's Sanofi SA on Monday sued Mylan NV, accusing the pharmaceutical company of engaging in illegal conduct to squelch competition to its EpiPen allergy treatment, which has been at the center of a public debate over drug prices. In particular, Sanofi said Mylan offered rebates to insurers, pharmaceutical benefit managers and state Medicaid...

  • WASHINGTON/ SAN FRANCISCO, April 22- Tens of thousands of people turned out in cities across the United States and beyond on Saturday for Earth Day events billed as a "celebration of science" to counter what organizers say is a growing disregard for evidence-based knowledge in Washington. Festivities at one of the largest events on Washington's National Mall...

  • WASHINGTON/ SAN FRANCISCO, April 22- Thousands of people turned out in cities across the United States and beyond on Saturday for Earth Day events billed as a "celebration of science" to counter what organizers say is a growing disregard for evidence-based knowledge in Washington. The "March for Science" festivities included scientific "teach-ins," speeches by...

  • SALINAS, Calif., April 21- Record rains are a double-edged sword for California's Salinas Valley: While the recent deluge virtually ended the state's historic drought, it also created muddy, unworkable fields- sending prices for everything from kale to cauliflower soaring. "Most fields under normal conditions would be planted at this point," Jerrett Stoffel, vice...

  • NEW YORK— Democratic former Vice President Joe Biden took a jab at Republican New Jersey Gov. A Christie spokesman reiterated comments the governor made Thursday that the tunnel wouldn't have been near completion anyway and that it was a bad deal for New Jersey because New York wasn't contributing funding to it. The existing 110- year-old tunnel connecting...

  • BOSTON— General Electric Co. topped analyst expectations in the first quarter and reaffirmed its forecast for 2017.. Analysts expected, on average, earnings of 17 cents per share on $26.36 billion in revenue, according to Zacks Investment Research. Boston- based General Electric has sold a number of businesses since 2004 as part of a focus shift toward...

  • BOSTON, April 21- A high-stakes shareholder vote at Wells Fargo& Co next week will determine whether the bank has done enough to retain investor confidence after its phony-account scandal, and whether a leading proxy adviser wields enough clout to help oust most of its board. In one of its toughest shareholder notes, Institutional Shareholder Services...

  • BOSTON— People looking for the perfect family pet tend to choose a dog based on appearance or breed— but that's barking up the wrong tree. That's why Andersen, along with MaryAnn Zeman and Sharon Mosse, founded the new online business How I Met My Dog. Placing a pet in the wrong home is one of the biggest concerns at the Massachusetts Society for the Prevention of...

  • FRANKFURT, April 20- A Bavarian start-up is developing a five-seat "flying taxi" after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday. Munich- based Lilium, backed by investors who include Skype co-founder Niklas Zennstrom, said the planned five-seater jet, which will be capable of vertical take-off and...

  • FRANKFURT, April 20- A Bavarian start-up is developing a five-seat "flying taxi" after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday. Munich- based Lilium, backed by investors who include Skype co-founder Niklas Zennstrom, said the planned five-seater jet, which will be capable of vertical take-off and...

  • A selfie reveals more than whether it's a good hair day. Facial lines and contours, droops and dark spots could indicate how well you're aging, and, when paired with other data, could someday help determine whether you qualify for life insurance. "Your face is something you wear all your life, and it tells a very unique story about you," says Karl Ricanek Jr., co-founder...

  • In his first interview since announcing the cutbacks, Tim Clark told The Associated Press that the Mideast's biggest carrier has no intention of pulling out of the 12 U.S. cities to which it currently flies. Emirates said Wednesday it was cutting 25 of the 126 weekly flights it operates into the U.S. from Dubai starting next month. Emirates' base at Dubai...

  • BOSTON, April 19- Pfizer Inc has received grand jury subpoenas from the U.S. Justice Department in connection with an antitrust investigation focusing on drugmakers that market intravenous saline solutions. The U.S. Food and Drug Administration in January 2014 added the solutions to its drug shortage list, saying the shortage was triggered by factors...

  • BOSTON, April 19- Pfizer Inc has received grand jury subpoenas from the U.S. Justice Department in connection with an antitrust investigation focusing on drugmakers that market intravenous saline solutions. The U.S. Food and Drug Administration in January 2014 added the solutions to its drug shortage list, at the time saying the shortage was triggered by...

  • NEWARK, N.J.— Recent train disruptions in New York that caused cascading delays between Boston and Washington, D.C., have refocused attention on a multibillion-dollar tunnel project that could have ameliorated future problems if it hadn't been canceled by Republican New Jersey Gov. The ARC tunnel would be nearing completion if Christie hadn't pulled the plug...

  • Eric S. Rosengren, Federal Reserve Bank of Boston

    The Fed should begin shedding its bond holdings soon, Rosengren said

  • BOSTON, April 19- Pfizer Inc has received grand jury subpoenas from the U.S. Justice Department in connection with an antitrust investigation focusing on drugmakers that market intravenous saline solutions. The U.S. Food and Drug Administration in January 2014 added the solutions to its drug shortage list, at the time saying the shortage had been triggered by...