Checking up on the status of the downtown Boston real estate market, with P.T. Vineburgh, Charlesgate Realty Group. The power house listing of the week is priced at $2.85 million brownstone with 1,906 square feet and about $30,000 in taxes.» Read More
BOSTON, May 24- College graduates are carrying more than just their diplomas this spring as they enter the real world: student loan debt- a lot of it. Seventy percent of the Class of 2013 is graduating indebted, with an average balance of $35,200, says a recent Fidelity Investments survey.
At a conference in Dublin on Friday the head of Ireland's largest bank gave small business leaders the "15- second elevator pitch" he gives to U.S. executives when he is in New York or Boston.
BOSTON-- The Massachusetts Senate has given final approval to its version of the state budget, setting the stage for negotiations with the House over the $34 billion spending plan for the fiscal year that starts July 1. Senators passed the budget on a 36-3 vote just before midnight Thursday after adding more than $68 million in spending over two days of debate.
OGIDI, Nigeria-- Writer Chinua Achebe shunned Nigeria's corrupt politicians and twice turned down national honors, never fearing to criticize those he felt ruined his country. Hundreds attended Achebe's funeral among the rolling hills of his eastern Nigeria home, a service that saw President Goodluck Jonathan literally hold up the writer's books.
*China second to U.S. in 2012 luxury retail growth. *Top brands expanding across the United States. Ephraim is the kind of man who gives luxury goods makers high hopes that the U.S. market can fuel future growth, as China runs out of steam and demand in Europe sags.
LONDON, May 24- Police investigating the murder of a soldier hacked to death on a busy London street were looking on Friday into whether the two suspected killers, British men of Nigerian descent, were part of a wider conspiracy.
NEW YORK, May 23- For the past few months, the U.S. The Fed's evolving stance was made apparent by Federal Reserve chairman Ben Bernanke's remarks to Congress Wednesday, where he laid out the conditions that might cause the Fed to reduce its $85 billion a month buying of Treasuries and mortgage-backed bonds.
CHICAGO, May 23- U.S. scientists say a dramatic result last year suggesting that a cancer drug already approved by U.S. regulators could quickly clear out Alzheimer's plaques in mice was too good to be true.
Checking up on the status of the downtown Boston real estate market, with P.T. Vineburgh, Charlesgate Realty Group. The power house listing of the week is priced at $2.85 million brownstone with 1,906 square feet and about $30,000 in taxes.
LONDON, May 23- In the lurid scene of the red-handed knifeman describing his motives for hacking to death a British soldier in broad daylight, perhaps the most chilling aspect for Londoners was the man's unmistakably familiar accent.
LONDON, May 23- Strapping his baby into a car seat, Abu Khaled said it was unfortunate that a British soldier was hacked to death in an apparent Islamist attack a day earlier in London, but it was not the only misfortune on his mind. "Eleven children died in Afghanistan in a U.S. drone attack about the time of the Boston bombings.
New census estimates show that most of the nation's largest cities further enhanced their allure last year, posting strong population growth for a second straight year.
WARSAW, Poland-- A 33- year-old Polish man received a face transplant just three weeks after being disfigured in a workplace accident, in what his doctors said Wednesday is the fastest time frame to date for such an operation. It was Poland's first face transplant.
BOSTON, May 23- The average 401 retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based on a survey of its accounts.
BOSTON-- Eaton Vance Corp. said Wednesday its fiscal second-quarter net income jumped 20 percent, as an increase in its assets under management boosted investment and advisory fees. For the quarter ended April 30, the investment manager earned $63.7 million, or 50 cents per share, up from $52.9 million, or 44 cents per share, in the same quarter the year before.
WASHINGTON/ BOSTON May 21- Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic lawmakers found echoing warnings from the Obama administration that foreign hackers were trying to bring down the U.S. power grid.
WASHINGTON-- Brokerage firm LPL Financial will pay a $7.5 million fine to the Financial Industry Regulatory Authority and set aside $1.5 million to compensate clients for email system problems that kept it from retaining and retrieving millions of emails as required by law.
*Bernanke to testify before Congress on Wednesday. The euro rose 0.2 percent to $1.2906, having reached a session peak of $1.2933 and moving away from a six-week low of $1.2795 touched on Friday, according to Reuters data. Focus now shifts to Fed Chairman Ben Bernanke's testimony to Congress at 10 a.m. 1400 GMT) on Wednesday.
BOSTON, May 21- Several U.S. power utilities say they face constant cyber attacks on critical systems, according to a report by two Democratic lawmakers amid warnings from the Obama administration that foreign hackers are seeking to attack the electric grid.
WESTPORT, Conn., May 20- Connecticut rail commuters endured crowded and rerouted rides in to work on Monday, as Metro-North worked to repair the busiest U.S. rail line after a two-train collision and derailment injured more than 70 people late last week.