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  • NYC mayor: Storm could be biggest ever to hit city Sunday, 25 Jan 2015 | 1:19 AM ET

    NEW YORK— A winter that has largely spared the Northeast thus far is about to arrive with gusto: a storm the National Weather Service called "potentially historic" could dump 2 feet or more of snow between New York and Boston. New York City, Boston and Connecticut should expect whopping snow totals of up to 2 feet, he said. "Looks like our luck is about to run out," said John...

  • Treasurer says lottery sales up, but challenges loom Saturday, 24 Jan 2015 | 11:52 AM ET

    BOSTON— The Massachusetts Lottery has enjoyed its most successful holiday sales period ever. That's according to new state Treasurer Deb Goldberg, who told lawmakers the Lottery took in $972 million during the ten weeks from early November through early January. Goldberg, who took office last Wednesday, said the Lottery faces more challenges ahead, including...

  • NEW YORK, Jan 23- European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank's plan for massive regional economic stimuli that also knocked the euro to 11- year lows. The currency has lost more than 7 percent since the start of the year and is on track for its biggest monthly fall since the depths of the financial crisis...

  • BOSTON— More than 82,000 people have picked and paid for insurance plans through the state's Health Connector website since the start of the latest open enrollment period in mid-November. An additional 195,000 have been enrolled in MassHealth, the state's Medicaid program, during the same period. Charlie Baker announced he was extending through Jan. 28 the...

  • NEW YORK, Jan 23- European stocks hit seven-year highs on Friday, continuing a rally ignited by the European Central Bank's plan for massive regional economic stimuli that also knocked the euro to fresh 11- year lows. Wall Street fell on soft corporate earnings news after the S&P 500 had rallied 1.5 percent on Thursday's $1 trillion bond-buying announcement...

  • Ante up: This year's weirdest Super Bowl bets Friday, 23 Jan 2015 | 1:47 PM ET

    Bettors will be trying to cash in on hundreds of weird bets tied to the Super Bowl. Did someone mention a Punxsutawney Phil?

  • Gov. Baker reassures municipal leaders on budget Friday, 23 Jan 2015 | 11:49 AM ET

    Charlie Baker promised a gathering of hundreds of local officials on Friday that he would be a strong advocate for Massachusetts' 351 cities and towns, while offering reassurances that they will not have to shoulder the burden of state budget cuts. Baker told the Massachusetts Municipal Association that he had signed an executive order— his first since taking...

  • Children's TV activist Peggy Charren dies at 86 Friday, 23 Jan 2015 | 10:53 AM ET

    BOSTON— Peggy Charren, the founder of Action for Children's Television who waged a decades-long fight to improve the quality of children's programming has died. Charren, who had vascular dementia, died Thursday in Massachusetts, Sugarman-Sinai Memorial Chapel in Providence, Rhode Island, said in an obituary posted on its website. But the grassroots...

  • *UPS shares fall after outlook, Starbucks up on results. NEW YORK, Jan 23- U.S. stocks fell modestly on Friday, pressured by some disappointing results from major multinational companies which offset optimism triggered by the European Central Bank's recent decision to buy bonds and boost euro zone growth. United Parcel Service Inc gave a fourth-quarter...

  • *Uber applies for radio taxi license in New Delhi. NEW DELHI, Jan 23- Uber, the U.S.-based online taxi-hailing company, has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. Uber's app showed taxis available for booking in New Delhi on Friday.

  • National Grid proposes transmission line project Friday, 23 Jan 2015 | 6:48 AM ET

    PELHAM, N.H.— National Grid has presented a $520 million transmission line project to officials in Pelham, New Hampshire, saying it would be necessary to meet long-term energy needs in the southern part of the state and in the Greater Boston area. The Eagle Tribune reports National Grid says the proposal would extend from Tewskbury, Massachusetts, to Londonderry,...

  • Berkshire Partners, New Balance buying Rockport Friday, 23 Jan 2015 | 6:45 AM ET

    BOSTON— Private equity firm Berkshire Partners and athletic shoe maker New Balance are buying The Rockport Co. from the Adidas Group. As part of the deal, New Balance affiliate Drydock Footwear LLC will join with The Rockport Co. to create The Rockport Group. Drydock founder and President Bob Infantino will serve as CEO of The Rockport Group once the...

  • State Street tops 4Q profit forecasts Friday, 23 Jan 2015 | 6:45 AM ET

    BOSTON _ State Street Corp. on Friday reported fourth-quarter net income of $544 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share. Analysts expected $2.67 billion, according to Zacks.

  • *Application follows tie-up in Korea, CEO job-creation promise. NEW DELHI, Jan 23- U.S. taxi-hailing app maker Uber Technologies Inc has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. The service restoration comes as Uber works to counter...

  • BOSTON, Jan 22- Boston's ageing pipeline network leaks about $90 million worth of natural gas each year, marking a sizeable financial loss and a threat to the environment, according to a study released on Thursday by Harvard researchers. "Some 2.7 percent of the gas that is brought to the Boston region never makes it to customers, it escapes into the atmosphere,"...

  • BOSTON— A Revere man who bought two lottery tickets at a Boston grocery shop to break a $100 bill so he could buy lunch ended up winning $10 million. Lottery officials announced Thursday that Richard Noll and his wife claimed the prize at lottery headquarters in Braintree earlier this week. Noll says he needed to break a $100 bill to get lunch at a sandwich shop and...

  • SAO PAULO/ BRASILIA, Jan 22- Brazilian President Dilma Rousseff's crusade to win back investor confidence has entrusted policymakers with the tough mission of hiking interest rates while major central banks cut them, raising the prospect of another recession in Latin America's biggest economy. The move left the Brazilian central bank at odds with the...

  • US Sen. Warren to file bill targeting top drug companies Thursday, 22 Jan 2015 | 12:24 PM ET

    Elizabeth Warren is shifting her focus from Wall Street to the nation's top pharmaceutical companies. Warren's bill would require that whenever drug companies enter into a settlement with the government over alleged wrongdoing, they must pay a portion of their annual profits over five years to support research at the National Institutes of Health and the...

  • BOSTON, Jan 22- Warning to mutual fund investors: the tax man is coming. U.S. investors in stock funds will take a big tax hit this year on capital gains that could top $300 billion after portfolio managers exhausted most of their loss reserves to offset several years of stock market advances. It's what you keep, " Boston- based Eaton Vance, which has nearly $300 billion...

  • Massachusetts gains jobs, unemployment rate falls Thursday, 22 Jan 2015 | 10:58 AM ET

    BOSTON— Massachusetts gained nearly 11,000 jobs and its unemployment rate dropped three-tenths of a percentage point to 5.5 percent in December, the final month of former Gov. Deval Patrick's administration, the state office of Labor and Workforce Development said Thursday. Preliminary estimates from the federal Bureau of Labor Statistics show...