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  • CRA posts 3Q profit Thursday, 23 Oct 2014 | 8:30 AM ET

    BOSTON _ CRA International Inc. on Thursday reported profit of $3.2 million in its third quarter. On a per-share basis, the Boston- based company said it had profit of 33 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON, Oct 22- AT&T Inc on Wednesday reported a rise in quarterly revenue, but the increase was less than Wall Street expected as a wave of subscribers plugged into the network using pre-purchased devices. "People look at this and say,' Oh, I can do with my phone a little bit longer," said Roger Entner, analyst at Recon Analytics in Boston. Earlier on Wednesday, the U.S....

  • DETROIT, Oct 22- Detroit's relatively fast move through municipal bankruptcy has resulted in costly creditor settlements and too little emphasis on fixing the city's broken operations, a restructuring expert testified in U.S. Bankruptcy Court on Wednesday. Still, Martha Kopacz, who was appointed by Judge Steven Rhodes to assess the viability of Detroit's...

  • The top 20 US cities for tech startup funding Wednesday, 22 Oct 2014 | 1:44 PM ET

    About half of that funding went to San Francisco and Silicon Valley, according to the National Venture Capital Association. 1. San Francisco, $9.32 billion, 506 deals. 2. San Jose, California, $3.78 billion, 237 deals.

  • 'Silicon Beach' brings tech boom to Los Angeles Wednesday, 22 Oct 2014 | 1:41 PM ET

    LOS ANGELES— So long Silicon Valley. In the past few years Google, Microsoft, Facebook, and YouTube have opened offices on the west side of Los Angeles from Santa Monica south to Venice and Playa del Rey. "Historically, Silicon Valley has been the center of gravity for tech and startups but I think more and more, these types of companies can be built anywhere," says Erik...

  • Survey: Harassment a common part of online life Wednesday, 22 Oct 2014 | 10:01 AM ET

    NEW YORK— A new study confirms what many Internet users know all too well: Harassment is a common part of online life. The first-of-its-kind report by the Pew Research Center found that nearly three-quarters of American adults who use the Internet have witnessed online harassment. Forty percent have experienced it themselves. It can be difficult for police to...

  • Expert says Detroit bankruptcy plan feasible Wednesday, 22 Oct 2014 | 9:18 AM ET

    DETROIT— Detroit's plan to get out of bankruptcy is feasible, a court-appointed expert testified Wednesday as the last witness in a historic trial to determine whether the largest city in U.S. history to file for Chapter 9 can get back on its feet. Martha Kopacz, a Boston- based expert who has participated in hundreds of restructurings, expressed confidence that...

  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET Wednesday, 22 Oct 2014 | 9:05 AM ET

    LONDON- European shares slip and the euro hit a one-week low as reports that at least 11 banks could fail a region-wide financial health check this weekend offset hopes of corporate bond buying by the ECB. MADRID/ VIENNA- The European Central Bank cautions against speculation over the outcome of its stress tests after a media report says at least 11 banks have...

  • Website asks high court to throw out lawsuit Wednesday, 22 Oct 2014 | 2:14 AM ET

    SEATTLE— A lawyer told the Washington Supreme Court on Tuesday that a lawsuit filed by three young girls who were sold as prostitutes on a website should be thrown out because the website didn't write the ads, so it's not liable. "No one has the right to sell a kid for sex," said Jo Lembo, with Shared Hope International. " A similar case was filed last week in federal court in...

  • State awards subway car contract to Chinese firm Wednesday, 22 Oct 2014 | 2:11 AM ET

    BOSTON— A Chinese government-owned rail company was awarded a $566.6 million Massachusetts state contract on Wednesday to build subway trains for the "T," the nation's oldest subway system, despite concerns from local activists about China's human rights record as well as complaints from competitors that the company's winning bid was unrealistically low.

  • Study finds drugs still in recalled supplements Tuesday, 21 Oct 2014 | 4:27 PM ET

    Pieter Cohen, an internist and researcher at Cambridge Health Alliance, a Boston- area health care system. The tested supplements were recalled by manufacturers after FDA raised concerns about drugs in their products. "There should be significant legal and financial consequences for manufacturers who the FDA finds to be continuing to sell these spiked...

  • BOSTON/ BEIJING, Oct 21- Apple Inc's iCloud storage service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the Beijing government is behind the campaign. An Apple representative declined comment on the allegations that Beijing was trying to spy on Apple customers, but noted that the...

  • Casino firms spend heavily to fight repeal of law Tuesday, 21 Oct 2014 | 4:35 AM ET

    BOSTON— Casino companies that have been awarded licenses in Massachusetts donated $4.5 million this month to a group fighting repeal of the state's casino gambling law, according to campaign finance records. Wynn Resorts plans a $1.6 billion resort casino in Everett, and the company, led by Las Vegas gambling mogul Steve Wynn, was awarded the coveted eastern...

  • Lawsuit claims website aids child sex trafficking Tuesday, 21 Oct 2014 | 2:55 AM ET

    SEATTLE— The Washington Supreme Court is set to hear arguments in a case filed by three sex trafficking victims who say the website Backpage.com helps promote the exploitation of children. A federal case was filed in Boston last week. Backpage.com asked a Supreme Court judge to dismiss the case.

  • BOSTON/ BEIJING, Oct 20- Apple Inc's iCloud storage and backup service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the country's government is behind the campaign. The attack comes several weeks after Apple said it would begin storing iCloud data for Chinese users on China...

  • *Euro rises vs dollar, yen despite weak German data. NEW YORK, Oct 20- Major currencies traded in tight ranges on Monday with investors facing a dearth of new data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen. Treasury market and dollar, "said Paresh Upadhyaya,...

  • NEW YORK, Oct 20- Dan Fuss, vice chairman and senior portfolio manager at Loomis Sayles, said he purchased some below investment-grade credits during last week's sell-off at "reasonably priced levels," bringing his portfolio cash levels down to 22 percent from 26 percent. "We bought some at reasonably priced levels but not fantastically cheap," said Fuss, who helps...

  • NEW YORK, Oct 20- Major currencies traded in tight ranges on Monday with investors facing a vacuum of data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen. Treasury market and dollar, "said Paresh Upadhyaya, portfolio manager, director of currency strategy at...

  • Detroit bankruptcy decision set for early November Monday, 20 Oct 2014 | 9:54 AM ET

    DETROIT— A judge pledged Monday to make a swift decision on Detroit's plan to get out of bankruptcy, signaling that the largest U.S. case of an insolvent local government could close in just a few more weeks. Judge Steven Rhodes said he'll start hearing final arguments on Oct. 27 and announce whether Detroit's plan is fair and feasible no later than Nov. 7.

  • Urgent-care clinics ill-equipped to treat Ebola Monday, 20 Oct 2014 | 1:10 AM ET

    When a Dallas County sheriff's deputy who had entered the apartment of the first patient to die from Ebola in the U.S. started feeling ill himself, he didn't rush to the nearest hospital. So did a man who recently traveled to West Africa and was complaining of flu-like symptoms, prompting the suburban Boston urgent-care practice where he went to briefly shut down...