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Top News & Analysis Boston

  • BOSTON _ Boston Properties Inc. on Tuesday reported a key measure of profitability in its first quarter. The average estimate of 12 analysts surveyed by Zacks Investment Research was for funds from operations of $1.50 per share. Boston Properties expects full-year funds from operations to be $6.15 to $6.23 per share.

  • BOSTON/ PONTE VEDRA BEACH, Fla., April 25- Wells Fargo& Co's directors face an unusual and difficult task after shareholders rebuffed most of them: reformulating the board in a way that satisfies investors without causing more chaos. Chairman Stephen Sanger said no directors will step down immediately, even after a dozen fell short of a traditional threshold of...

  • Jonathan Ly, 28, was sentenced by U.S. District Judge John Coughenour in Seattle after pleading guilty in December to a securities fraud charge for having engaged in an insider trading scheme that prosecutors said netted him $331,000. He previously reached a $375,907 settlement with the U.S. Securities and Exchange Commission.

  • PONTE VEDRA BEACH, Fla./ BOSTON, April 25- Wells Fargo& Co shareholders showed displeasure with the scandal-hit bank's board on Tuesday, offering scant support for a dozen directors, including Chairman Stephen Sanger, in a vote capping a contentious annual meeting. "Wells Fargo stockholders today have sent the entire Board a clear message of dissatisfaction,"...

  • SAO PAULO, April 25- Embraer SA has signed a partnership with Uber Technologies Inc to develop and implement small electric vehicles with vertical takeoff and landing capabilities, the Brazilian planemaker said on Tuesday. The partnership stems from Embraer's newly-established innovation center based in Melbourne, Florida, according to a securities...

  • Jonathan Ly, 28, was sentenced by U.S. District Judge John Coughenour in Seattle after pleading guilty in December to a securities fraud charge for having engaged in an insider trading scheme that prosecutors said netted him $331,000. He previously reached a $375,907 settlement with the U.S. Securities and Exchange Commission.

  • PONTE VEDRA BEACH, Fla./ BOSTON, April 25- Wells Fargo& Co shareholders showed displeasure with the scandal-hit bank's board on Tuesday, offering scant support for several directors, including Chairman Stephen Sanger, in a vote capping a contentious annual meeting. "Wells Fargo stockholders today have sent the entire Board a clear message of dissatisfaction,"...

  • DUBAI, April 25- Emirates signaled on Tuesday that its U.S. expansion plans were on hold until demand recovers from a slowdown that the airline has blamed on President Donald Trump's travel restrictions. The Dubai- based carrier announced last week it would reduce flights to five U.S. cities from May following a "significant deterioration" in demand.

  • PONTE VEDRA BEACH, Fla., April 25- Wells Fargo& Co's annual meeting was repeatedly interrupted on Tuesday by angry shareholders seeking answers about the bank's sales practices scandal ahead of a vote that could oust the majority of its board. said the first shareholder, Bruce Marks, chief executive of Neighborhood Assistance Corporation of America, before...

  • PONTE VEDRA BEACH, Fla., April 25- Wells Fargo& Co's annual meeting was repeatedly interrupted on Tuesday by angry shareholders seeking answers about the bank's sales practices scandal ahead of a vote that could oust the majority of its board. The meeting went into a brief recess after a shareholder made what Chairman Stephen Sanger called a "physical approach"...

  • Beyonce is marking the anniversary of her album "Lemonade" by announcing scholarships for women to attend selected colleges. The singer announced that her Formation Scholars Award will go to one female student at each of four schools. The schools are Boston's Berklee College of Music, New York's Parsons School of Design and two historically black colleges,...

  • PONTE VEDRA BEACH, Fla., April 25- Wells Fargo& Co's annual meeting turned raucous when it was repeatedly interrupted by angry shareholders on Tuesday as the bank's chairman and chief executive tried to calm nerves ahead of a vote that could oust the majority of its board. At least one shareholder was removed and the meeting went into recess after he made what...

  • A Waymo self-driving car.

    Waymo, Google's self-driving car project will allow hundreds of people in Phoenix to take rides in the vehicles to get feedback on the experience.

  • It will allow hundreds of people in the Phoenix area to take rides in the vehicles so it can get feedback on the experience. The vehicles will also pick up riders in Chandler, Tempe, Mesa and Gilbert, Waymo said. The companies have been testing the vehicles in Arizona, California and Michigan.

  • A dozen of the 15 directors on the ballot face negative recommendations from influential proxy adviser Institutional Shareholder Services, which argued the group, including Chairman Stephen Sanger, failed in their oversight duties. But in practice, directors who win with less than 80 percent support should consider exiting the board, said Charles Elson, a...

  • 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...