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  • Massachusetts investigates Santander Bank Friday, 26 Dec 2014 | 8:32 AM ET

    Attorney General Martha Coakley subpoenaed Santander's U.S. auto finance company to produce documents related to borrowers' credit histories, the interest rates they were charged, and how the loan risks were described to investors, Coakley spokesman said Brad Puffer told The Boston Globe. Santander became a dominant player in the subprime market in 2006,...

  • SAN FRANCISCO, Dec 24- Google Inc's decision to screen Sony Pictures' film "The Interview" may help legitimize its YouTube platform as a serious rival to paid video streaming services, Netflix and Amazon.com Inc. Sony Pictures made the controversial film available online on Wednesday, expanding distribution of a comedy that triggered a destructive...

  • The film was available for rental on Google Inc's YouTube site as of early Wednesday afternoon. Microsoft Corp and Sony itself are also showing the comedy, a day before the hastily scheduled premiere at some 320 independent theaters. He added that Sony had first reached out to Google, Microsoft "and other partners" on Dec. 17, the day the studio said it had no future...

  • DIARY -Emerging Markets Economic Events to Jan 8 Wednesday, 24 Dec 2014 | 7:02 PM ET

    JERUSALEM- Bank of Israel announces interest rate decision- 1400 GMT. PRAGUE- Czech National Bank to release the minutes of December policy meeting- 0800 GMT. PUNE, India- Indian Prime Minister Narendra Modi and Finance Minister Arun Jaitley will meet chiefs of the nation's banks.

  • Microsoft Corp and Sony itself are also showing the comedy, a day before its scheduled premiere at some 320 independent theaters. He added that Sony had first reached out to Google, Microsoft "and other partners" on Dec. 17, the day the studio said it was canceling the movie's Christmas Day release. The showing is a chance for Google and Microsoft, which have been bit...

  • ( (Adds comment from Google and White House). Microsoft Corp and Sony itself are also showing the comedy, the studio said, a day after agreeing to release it at some 200 independent theaters. The showing is a chance for Google and Microsoft, which have been bit players in a VOD market dominated by Apple Inc, Amazon.com Inc and cable and satellite operators, to raise their...

  • *Brent oil drops back near $60 a barrel. NEW YORK, Dec 24- U.S. shares extended a five-day winning streak on Wednesday after the latest data showed strength in the world's largest economy, while a mixed economic picture in Europe kept the region's stocks largely in check. U.S. equity markets will operate on a shortened trading schedule Wednesday, closing at 1 p.m....

  • More 'Help Wanted' signs up at small businesses Wednesday, 24 Dec 2014 | 11:18 AM ET

    NEW YORK— If you're looking for signs that the U.S. economy is growing and that the job market is improving, just talk to small business owners. Revenue is up 40 percent this year at the New York- based company with more customers paying $60 to $85— three or four times what a supermarket cake costs— for confections made of paper-thin pastry dough and flavored with...

  • No bail for Uber driver accused of sex assault Wednesday, 24 Dec 2014 | 3:01 AM ET

    Alejandro Done, 46, of Boston, waived his right to a dangerousness hearing in Cambridge District Court and will be held until his next scheduled court hearing Jan. 26. Prosecutors say Done picked up the woman from a Boston residence Dec. 6. The woman had been out with friends and had summoned an Uber driver to take her to her Cambridge home.

  • Hospital to close Friday, keep emergency services Tuesday, 23 Dec 2014 | 5:04 PM ET

    BOSTON— Massachusetts public health officials have approved plans by Steward Health Care to close Quincy Medical Center. The company says it has agreed to keep the satellite emergency facility open in Quincy at least until Dec. 31, 2015. Attorney General Martha Coakley's office, which had raised concerns about the closing, called the agreement to maintain...

  • Gov.-elect Baker names education secretary Tuesday, 23 Dec 2014 | 1:27 PM ET

    BOSTON— Republican Gov.-elect Charlie Baker on Tuesday named charter school advocate and former chairman of the state Board of Education James Peyser to serve as his secretary of education and also appointed commissioners of public health and agriculture as he continued to build his new administration. William Weld and Paul Cellucci, and later as an...

  • Mashpee tribe hoping for reservation to build casino Tuesday, 23 Dec 2014 | 1:01 PM ET

    It has submitted an application to the federal Bureau of Indian Affairs to designate about 150 acres in Taunton and about 170 acres in the Cape Cod town of Mashpee as its tribal reservation. Alan Meister, an economist and author of the annual Indian Gaming Industry Report, said he's unsure of the Mashpee tribe's prospects, but notes that the Obama administration...

  • DIARY- Top Economic Events to Jan 4 Monday, 22 Dec 2014 | 7:01 PM ET

    TOKYO- Bank of Japan to release the minutes of November policy-setting meeting- 2350 GMT. TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the meeting of Councillors of Japan Business Federation. BOSTON- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks on "Rules vs.

  • Dec 22- The largest U.S. pharmacy benefit manager said on Monday it has lined up a cheaper price for AbbVie Inc's newly approved hepatitis C treatment and, in most cases, will no longer cover Gilead Sciences Inc's treatments after trying for nearly a year to win a deeper discount. Express Scripts' move reignited investor concerns that pharmaceutical companies...

  • The SEC said those claims were false, as the algorithm behind the AlphaSector product did not even exist during that seven-year period. The data instead came from applying the algorithm to historical market data, resulting in a hypothetical performance, the SEC said. The SEC separately sued Present in Boston federal court, saying he made false and misleading...

  • Dec 22- The nation's largest pharmacy benefit manager has lined up a cheaper price from AbbVie Inc on its newly approved hepatitis C treatment and, in most cases, will no longer cover Gilead Sciences Inc treatments, Express Scripts said on Monday. Express Scripts has opposed the $84,000 pricetag of Gilead Sciences' Sovaldi treatment since it was approved a year...

  • Big changes coming to Cuba tourism with US opening Monday, 22 Dec 2014 | 12:06 AM ET

    American citizens have been allowed to visit Cuba on such "people to people" trips since 2011, one of President Barack Obama's first moves toward detente with the communist-run island— provided their scheduled activities are sufficiently educational, and down time is kept to a minimum. President Barack Obama has said the U.S. is easing the rules on visiting...

  • MBTA driver suspended after fight with passenger Sunday, 21 Dec 2014 | 3:40 PM ET

    The Boston Globe reports that MBTA Transit Police are investigating an allegation that a female driver knocked down a male passenger with an unidentified object after an argument on a bus Saturday afternoon. He said the incident occurred around Massachusetts Avenue and Washington Street on the Route 1 bus. Information from: The Boston Globe,...

  • Iron Mountain reaches $44.5M settlement with US Friday, 19 Dec 2014 | 10:15 PM ET

    Attorney Benjamin B. Wagner said the settlement involves services the Boston- based company provided to government entities from 2001 to 2014 through contracts with the General Services Administration, or GSA. Prosecutors say the settlement resolves allegations that Iron Mountain Inc. failed to provide GSA with accurate information about its...

  • Children's Hospital settles over data breach Friday, 19 Dec 2014 | 11:53 AM ET

    BOSTON— Boston Children's Hospital has agreed to pay $40,000 and bolster its patient data security following a data breach that compromised the personal information of more than 2,100 patients, the state attorney general's office announced Friday. The judgment, entered in Suffolk Superior Court, alleges the hospital failed to protect the health...