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  • NEW DELHI, Jan 29- New Delhi's transport department has written to U.S. taxi hailing company Uber Technologies Inc detailing problems with its application for a license in the city, further complicating the firm's ability to operate in India's capital. Uber's services have been banned since December in New Delhi, when one of its drivers was accused of raping a...

  • Cabot beats 1Q profit forecasts Wednesday, 28 Jan 2015 | 7:10 PM ET

    BOSTON _ Cabot Corp. on Wednesday reported fiscal first-quarter earnings of $45 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Vertex 4Q loss is deeper than expected Wednesday, 28 Jan 2015 | 4:13 PM ET

    BOSTON— Vertex Pharmaceuticals Inc. on Wednesday reported a wider-than-expected fourth-quarter loss but its revenue topped Wall Street's forecasts. The Boston- based company said it had a loss of $176.7 million, or 74 cents per share, in the quarter that ended Dec. 31. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 61...

  • TREASURIES-Prices jump on dovish view of Fed statement Wednesday, 28 Jan 2015 | 4:11 PM ET

    *Inflation linked bond yields fall. NEW YORK, Jan 28- U.S. Thirty-year bonds were last up 2-18/ 32 in price to yield 2.29 percent after touching a new low of 2.273 percent, according to Thomson Reuters data.

  • FOREX-Dollar holds gains, Fed remains patient on policy Wednesday, 28 Jan 2015 | 3:59 PM ET

    *Fed holds rates unchanged, repeats it is patient on policy. *New Zealand dollar drops to near four-year low. NEW YORK, Jan 28- The U.S. dollar strengthened on Wednesday in a broad advance that included gains against the euro and the Swiss franc, taking in stride the Federal Reserve's repeated message it remains "patient" in deciding when to raise interest rates.

  • MARSHFIELD, Mass., Jan 28- Ocean Street in the waterfront Massachusetts town of Marshfield was littered with lobster traps, downed wires and chunks of houses on Wednesday, after a massive blizzard hammered New England. Notably absent was much of the 2 feet of snow that blanketed much of the Boston area, since for much of the storm, Ocean Street was under water because...

  • MARSHFIELD, Mass., Jan 28- Ocean Street in the waterfront Massachusetts town of Marshfield was littered with lobster traps, downed wires and chunks of houses on Wednesday, the day after a massive blizzard hammered New England. Notably absent was much of the 2 feet of snow that blanketed much of the Boston area, since for much of the storm, Ocean Street was under water...

  • New England digs out from massive blizzard Wednesday, 28 Jan 2015 | 9:32 AM ET

    In Massachusetts, which was hit particularly hard, a record-breaking 34.5 inches of snow fell in Worcester, and the 24.4 inches at Boston's Logan International Airport approached record proportions, NWS officials said. Boston- area trains, buses and subways were set to resume normal service, although delays were predicted for the morning commute.

  • BOSTON/ NEW YORK, Jan 27- A powerful blizzard struck Boston and surrounding New England on Tuesday, leaving some 4.5 million people grappling with as much as three feet of snow and coastal flooding but sparing New York City residents who had braced for a significant blast. Snow was forecast to keep falling into early Wednesday in eastern New England, possibly...

  • BOSTON/ NEW YORK, Jan 27- A powerful blizzard struck Boston and surrounding New England on Tuesday, leaving some 4.5 million people grappling with as much as three feet of snow and coastal flooding, but sparing New York City residents who had braced for a significant blast. Snow was forecast to keep falling into early Wednesday in eastern New England, possibly...

  • New York was spared the worst of the blizzard, but Boston was hit with more than two feet of snow. United Airlines canceled all flights through Wednesday in Boston and other New England airports, said spokeswoman Mary Ryan. JetBlue Airways had already canceled 190 flights for Wednesday, mostly in Boston and elsewhere in New England.

  • NEW YORK— New York City lost about $200 million in economic activity in the fizzled snow storm and decision to shut down the transit system, but it wasn't a crippling loss, according to a preliminary estimate from Moody's Analytics. Evan Gold, senior vice president for Planalytics, a firm that advises companies on weather issues, estimated the economic losses for...

  • BOSTON/ NEW YORK, Jan 27- A U.S. blizzard swept past New York City and struck hardest at some 4.5 million people around Boston, dropping nearly three feet of snow in areas and triggering high tides that breached a seawall and forced residents to flee their coastal homes. The snow was forecast to continue into early Wednesday morning in eastern New England, which...

  • The FAA said that United twice improperly accepted hazardous material for air shipments. The FAA said the violations were found during 2013 inspections in Boston, San Francisco, Denver and Chicago. He said United was reviewing a letter from the FAA and would cooperate with the agency.

  • BOSTON/ NEW YORK, Jan 27- A blizzard swept across the northeastern United States on Tuesday, closing schools, cancelling thousands of flights and leaving residents in the hardest-hit parts of Massachusetts and Connecticut digging out as much as 2 feet of snow, though New York City was spared the storm's brunt. The governors of New York and New Jersey lifted travel...

  • BOSTON/ NEW YORK, Jan 27- A blizzard swept across the northeastern United States on Tuesday, dropping as much as 2 feet of snow across Massachusetts and Connecticut even as its impact on New York City fell short of dire predictions. The governors of New York and New Jersey lifted travel bans they had imposed a day earlier and New York City's subway system restarted...

  • Jan 27- After a blizzard that blanketed the northeastern United States but proved less powerful in New York City than predicted, airlines, commuter rail, bus lines and subways resumed limited operations on Tuesday. LIRR service remains suspended on the Montauk Branch east of Babylon, Greenport to Ronkonkoma, Port Jefferson Branch east of Huntington and the...

  • BOSTON/ NEW YORK, Jan 27- A blizzard swept across the northeastern United States on Tuesday, dropping more than a foot of snow across Massachusetts and Connecticut even as its impact on New York City fell short of dire predictions. The governors of New York and New Jersey lifted travel bans they had imposed a day earlier and New York City's subway system was set to...

  • BOSTON/ NEW YORK, Jan 27- A blizzard swept across the northeastern United States, dropping more than a foot of snow but falling short of more dire predictions that sent workers and students home, halted thousands of flights and prompted New York officials to ban cars from roads and shut down subway trains. As day broke on Tuesday, the leaders of New York City, New York...

  • The heaviest snowfall was recorded in parts of Connecticut and Massachusetts, while New York City's Central Park saw just 6 inches, less than a quarter of the "historic" snowfall that some meteorologists had predicted. Travel was still snarled, with more than 4,500 flights canceled at U.S. airports, according to FlightAware.com, and no trains or buses in New York,...