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  • Armstrong out as Livestrong head, loses sponsors Wednesday, 17 Oct 2012 | 6:17 PM ET

    Armstrong was dumped by Nike, Anheuser-Busch and other sponsors, and he gave up the top spot at Livestrong, his beloved cancer-fighting charity, a week after an anti-doping agency released evidence of drug use by the seven-time Tour de France winner.

  • Surge in US home construction could lift economy Wednesday, 17 Oct 2012 | 5:33 PM ET

    U.S. home construction is making a comeback that could invigorate the economy's still-weak recovery. Builders last month started construction on single-family houses and apartments at the fastest rate in more than four years, the Commerce Department said Wednesday.

  • Satcon files for Chapter 11 bankruptcy protection Wednesday, 17 Oct 2012 | 1:19 PM ET

    BOSTON-- Satcon Technology Corp. on Wednesday filed for Chapter 11 bankruptcy protection following years of financial struggles and a severe downturn in the solar power industry.

  • Study: Multivitamins may lower cancer risk in men Wednesday, 17 Oct 2012 | 10:33 AM ET

    Ernest Hawk, vice president of cancer prevention at the University of Texas MD Anderson Cancer Center and formerly of the National Cancer Institute. Hawk reviewed the study for the American Association for Cancer Research, which is meeting in Anaheim, Calif., where the study was to be presented on Wednesday.

  • FBI: Man tried to open plane's door after landing Wednesday, 17 Oct 2012 | 10:00 AM ET

    SALT LAKE CITY-- The FBI has arrested a man accused of disrupting a Delta Air Lines Inc. flight and damaging the airplane by running up the aisle shortly after landing and attempting to open an emergency exit.

  • Application process for Mass. casinos to begin Wednesday, 17 Oct 2012 | 9:53 AM ET

    BOSTON-- Another step on the long road to casino gambling in Massachusetts is being taken as a 90- day window opens for developers to submit preliminary applications to the state. The Massachusetts Gaming Commission plans to make applications available on Wednesday to companies interested in bidding for the sole license to operate a slot parlor.

  • Lawmakers seek Mass. pharmacy Justice Dept. probe Tuesday, 16 Oct 2012 | 10:44 PM ET

    BOSTON-- Two members of Congress have asked the U.S. Department of Justice to investigate whether a specialty pharmacy linked to a nationwide meningitis outbreak violated any federal laws or regulations. FDA spokesman Steven Immergut said the investigators were there as part of a broad investigation by several state and federal agencies into the outbreak.

  • Lawmakers seeking Justice Dept. probe of pharmacy Tuesday, 16 Oct 2012 | 6:54 PM ET

    BOSTON-- Two members of Congress have asked the U.S. Department of Justice to investigate whether a specialty pharmacy linked to a nationwide meningitis outbreak violated any federal laws or regulations. Criminal investigators from the Food and Drug Administration were at the Framingham company Tuesday, company spokesman Andrew Paven said.

  • Citi's long run of stumbles, successes, near-death Tuesday, 16 Oct 2012 | 5:41 PM ET

    In between its founding and its near-death, the company now called Citigroup has played a central role in U.S. financial history. On Tuesday, Corbat was named Citi's new CEO after the abrupt departure of Vikram Pandit, who had led the company through the financial crisis and its aftermath.

  • Interest concerns weigh on PNC shares after 3Q Tuesday, 16 Oct 2012 | 3:31 PM ET

    BOSTON-- Investors, concerned about PNC Financial Services Group Inc.' s ability to grow profit amid record-low interest rates and increasing expenses, drove down the bank's shares Tuesday after its third-quarter results.

  • Red Sox keep ticket prices unchanged for 2013 Tuesday, 16 Oct 2012 | 11:15 AM ET

    BOSTON-- The Boston Red Sox are keeping ticket prices unchanged for 2013 after their worst season in nearly 50 years. Individual prices range from $12 for the upper bleachers to $165 for a seat above the Green Monster in left field. The Red Sox went 69-93, missing the playoffs for the third straight year.

  • State Street 3rd-qtr profit rises, revenue slips Tuesday, 16 Oct 2012 | 9:45 AM ET

    BOSTON-- State Street Corp., one of the largest custody banks in the U.S., reported higher net income but a slight revenue decline on Tuesday, saying that while equity markets have improved, its clients are still conservative in their investments.

  • Mass. tightens spending after revenue misses mark Tuesday, 16 Oct 2012 | 9:33 AM ET

    Deval Patrick's administration on Monday ordered tighter controls on state spending and hiring but opted not to revise its revenue estimate for the current fiscal year in the face of lagging tax collections.

  • WD-40 shares drop after quarterly sales disappoint Tuesday, 16 Oct 2012 | 12:51 AM ET

    BOSTON-- Shares of WD-40 Co. tumbled on Tuesday after the maker of spray lubricant and cleaning products reported disappointing quarterly results and a sharp decline in sales to European customers.

  • State Street shares up on 3Q report, expense cuts Tuesday, 16 Oct 2012 | 12:14 AM ET

    BOSTON-- State Street Corp. shares rose on Tuesday after the custody bank's third-quarter earnings topped Wall Street expectations due to expense cutting and growth in investment management revenue. THE SPARK: The Boston- based company reported adjusted earnings of $473 million, or 99 cents per share, on revenue of $2.36 billion.

  • ETF price war expands to BlackRock's iShares ETFs Monday, 15 Oct 2012 | 5:29 PM ET

    BOSTON-- BlackRock Inc.' s iShares unit is reducing the investment fees charged at six of its largest exchange-traded funds as the biggest ETF provider expands a fee-cutting war that's benefiting cost-conscious investors.

  • Mass. tightens spending after taxes misses mark Monday, 15 Oct 2012 | 3:36 PM ET

    Deval Patrick's administration has ordered tighter controls on state spending, while opting not to revise its estimate of tax revenues for the current fiscal year. Secretary of Administration and Finance Jay Gonzalez said Monday he believes Massachusetts will have enough revenue to meet its budget obligations.

  • Gas prices fall 5 cents in Massachusetts Monday, 15 Oct 2012 | 11:47 AM ET

    BOSTON-- Gas prices have dropped five cents per gallon in Massachusetts in the past week. AAA Southern New England reported Monday that a gallon of self-serve, regular is selling for an average of $3.83. The prices in the latest survey ranged from a low of $3.66 to a high of $3.99.

  • Liverpool plans to stay at Anfield, expand stadium Monday, 15 Oct 2012 | 9:08 AM ET

    LIVERPOOL, England-- Liverpool announced plans Monday to expand the capacity of Anfield, the club's home for 120 years, rather than building a new stadium. The 18- time English champions started working on a new $800- million venue in nearby Stanley Park before owner John Henry's takeover two years ago, but it was abandoned due to financial problems.

  • 2 Americans win Nobel econ prize for match-making Monday, 15 Oct 2012 | 8:32 AM ET

    Lloyd Shapley of UCLA and Alvin Roth, a Harvard University professor currently visiting at Stanford University, found ways to make markets work when traditional economic tools fail. Unlike some recent Nobel prizes _ such as the Peace Prize that went to the embattled European Union last week _ this year's economics award did not seem to send a political message.