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  • BOSTON— An Uxbridge man who told investors he ran a divinely-inspired investment program has been charged by the Massachusetts secretary of state's office with running a Ponzi scheme. Secretary of State William Galvin said in a complaint filed Tuesday that Charles Erickson defrauded at least 25 investors out of about $3.5 million. Authorities say about a...

  • WASHINGTON— Federal safety regulators and Amtrak officials face questions at a congressional hearing Tuesday on why technology to slow trains that are going too fast wasn't in place before last month's deadly derailment in Philadelphia. Other accidents include three collisions at rail-highway grade crossings that killed seven people and injured...

  • WASHINGTON— The FBI is operating a small air force with scores of low-flying planes across the country carrying video and, at times, cellphone surveillance technology— all hidden behind fictitious companies that are fronts for the government, The Associated Press has learned. The planes' surveillance equipment is generally used without a judge's approval,...

  • Outsized investment returns and strong inflows have seen Wellington's assets under management grow to $939 billion at the end of March from $834 billion at the end of 2013, putting it on track to join the exclusive club of money managers running more than $1 trillion by as early as this year. While smart stock picking has helped, the company's growth has also...

  • At noon on a recent Wednesday in May, San Francisco's Lazy Bear restaurant began taking reservations for June. Just 45 minutes later, nearly every seat for the entire month was sold out. "The main issue is trying to manage risk, trying to incentivize patrons to keep their reservations," says Northwestern University microeconomic theorist Jeffrey Ely, noting that...

  • CONCORD, N.H.— Supporters of a plan to bring commuter rail from Boston to New Hampshire said the Senate's decision not to fund the next stage of the process is a bump in the road rather than an end to their efforts. Democrats say extending rail into New Hampshire is necessary for economic development and attracting young people; Republicans question the economic...

  • New tech is changing the restaurant reservations game Thursday, 28 May 2015 | 3:02 PM ET

    At noon on a recent Wednesday in May, San Francisco's Lazy Bear restaurant began taking reservations for June. Just 45 minutes later, nearly every seat for the entire month was sold out. "The main issue is trying to manage risk, trying to incentivize patrons to keep their reservations," says Northwestern University microeconomic theorist Jeffrey Ely, noting that...

  • BOSTON MARATHON BOMBER DZHOKHAR TSARNAEV TO FACE FORMAL SENTENCING JUNE 24.

  • May 28- Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99, plus 99 cents per unit.

  • Businessman donates $20K to replace 'Scary Lucy' statue Thursday, 28 May 2015 | 7:52 AM ET

    CELORON, N.Y.— A Massachusetts businessman has donated $20,000 to replace an infamous statue of comedian Lucille Ball that's located in her western New York hometown. The Post-Journal of Jamestown reports officials in the village of Celoron announced this week that Ernie Boch Jr. of Norwood, near Boston, had donated the funds to purchase a new statue.

  • May 28- Amazon.com Inc said on Thursday it will expand same-day delivery to San Diego and the Tampa Bay Area under its Prime shipping service, which has been an engine of revenue growth for the online seller. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99 plus 99 cents per unit. The same-day delivery service is...

  • From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University's Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research. The study analyzed U.S. Census Bureau data from...

  • The first report from a big public-private project to improve genetic testing reveals it is not as rock solid as many people believe, with flaws that result in some people wrongly advised to worry about a disease risk and others wrongly told they can relax. "We have very clear documentation that there are differences in what patients are getting" in terms of how...

  • SALEM, Ore.— Oregon lawmakers on Tuesday advanced a proposal aimed at closing a loophole in state privacy laws that recently let a man go unpunished after he took photographs up a teenager's skirt. The state Senate unanimously passed the bill, which would make it a misdemeanor to surreptitiously take photos up women's dresses without their consent.

  • US STOCKS-Wall St drops as rate concerns rise Tuesday, 26 May 2015 | 3:30 PM ET

    May 26- The S&P 500 was on track for its biggest percentage drop since March on Tuesday as some upbeat economic data fueled expectations that a Federal Reserve rate hike could come sooner rather than later. Transportation stocks also dropped, with the Dow Jones transportation average falling 1.6 percent to 8346.82 and hitting its lowest level since Oct. 23.

  • May 26- Delta Air Lines Inc on Tuesday announced new flights from Seattle to five destinations in its latest move to strip market share from Alaska Air Group Inc, which is based in that city. Investors worry that overlaps with the airport's larger operator Alaska Airlines could lead to lower ticket prices and revenue from Seattle. Delta said it would begin...

  • BOSTON, May 26- Fidelity's Joel Tillinghast, one of the mutual fund industry's best stockpickers over the past 20 years, said financial markets are "colossally artificial" and cited ride-sharing upstart Uber and negative yielding government bonds as examples. "I think it's colossally artificial, but I don't see it ending," said Tillinghast, who runs the $46...

  • May 26- A Connecticut venture capital executive accused of insider trading and of cheating his clients out of tens of millions of dollars has fled the country, the U.S. Securities and Exchange Commission said. Iftikar Ahmed, a former general partner at Oak Investment Partners, left the United States some time before May 18 in violation of a judge's order in the...

  • Amtrak to install long-sought cameras in locomotives Tuesday, 26 May 2015 | 11:07 AM ET

    The Amtrak engineer, Brendan Bostian, suffered a head injury in the accident in Philadelphia and has told investigators he can't remember what happened. Northeast Regional train 188 accelerated to a speed of 106 miles per hour in the last minute before entering a curve where it derailed. The National Transportation Safety Board has been recommending that the...

  • WASHINGTON— Sticky plaque gets the most attention, but now healthy seniors at risk of Alzheimer's are letting scientists peek into their brains to see if another culprit is lurking. Reisa Sperling of Boston's Brigham and Women's Hospital and Harvard Medical School, who is leading the so-called A4 study. The A4 study— it stands for Anti-Amyloid Treatment in...