Boston
featured
Fidelity Investments received permission from U.S. regulators to open its own actively managed exchange-traded funds.
» Read More
More
-
BOSTON, Jan 12- Oracle Corp said it is preparing an update to address a flaw in its widely used Java software after the U.S. Department of Homeland Security urged computer users to disable the program in web browsers because criminal hackers are exploiting a security bug to attack PCs.
-
BOSTON, Jan 11- Fidelity Investments, Federated Investors Inc and Charles Schwab Corp on Friday joined a growing list of top U.S. money market fund managers in agreeing to post daily fund asset values, as the industry comes under growing pressure from regulators for more transparency.
-
NEW YORK, Jan 11- The euro rose to its highest level since April against the dollar on Friday in the wake of encouraging remarks from the head of the European Central Bank, while an improving economic outlook held world stock prices near a 20- month high.
-
BOSTON, Jan 11- Two more money market mutual fund managers, Fidelity Investments and Federated Investors Inc, said on Friday they will begin to post daily fund asset values, as the popular savings sector feels increasing pressure from regulators to be more transparent and less susceptible to mass redemptions.
-
*Wells Fargo net interest margin drops, profit jumps. NEW YORK, Jan 11- U.S. stocks edged lower on Friday after Wells Fargo& Co, the first major bank to kick off fourth-quarter earnings season for the financial sector, reported a decline in net interest margin despite a record profit in the latest quarter.
-
*More incidents in Japan test confidence in new plane. NEW YORK, Jan 11- Boeing Co's sophisticated new aircraft, the 787 Dreamliner, will undergo a review of its critical systems by regulators, the U.S. Department of Transportation said on Friday after a series of problems in recent weeks.
-
*Flight from Tokyo landed safely after cockpit window crack. TOKYO/ WASHINGTON, Jan 11- Boeing Co's 787 Dreamliner jet suffered a cracked cockpit window and an oil leak on separate flights in Japan on Friday- the latest in a series of incidents to test confidence in the sophisticated new aircraft.
-
WASHINGTON, Jan 11- U.S. transportation officials will hold a press conference on Friday to discuss issues related to recent electrical problems on Boeing Co's new 787 Dreamliner, according to a person familiar with the matter.
-
CAMBRIDGE, Mass., Jan 11- Massachusetts has pulled violent arcade games from its highway service plazas after a family raised concerns they might offend residents of neighboring Connecticut, which last month witnessed the second-deadliest school shooting in U.S. history.
-
*Wells Fargo net interest margin drops, profit jumps. NEW YORK, Jan 11- U.S. stocks dipped on Friday, weighed by losses in the banking sector, after Wells Fargo& Co reported a decline in net interest margin despite a record profit in the latest quarter.
-
TOKYO, Jan 10- A valve-related problem caused a fuel leak on a Boeing 787 Dreamliner at Boston airport earlier this week, operator Japan Airlines Co. Ltd said on Thursday.
-
*FDA panel votes 10-5 in favor of canagliflozin approval. Jan 10- A panel of advisers to the U.S. Food and Drug Administration recommended the agency approve an experimental new treatment for diabetes developed by Johnson& Johnson, potentially making it the first drug of its type to be approved in the United States.
-
Jan 10- Herbalife Ltd executives defended the business as a "legitimate company" that has customers other than people who sign up to sell its nutrition products, stepping up its defense against pyramid scheme accusations by short seller Bill Ackman.
-
*Legg Mason board declines to explore idea-sources. NEW YORK, Jan 10- Legg Mason Inc has been approached in recent months by some of its senior managers and private equity firms with plans to take the struggling asset manager private, but the board has decided against exploring that option at least until the company has a new chief executive, three sources said.
-
Jan 10- A former portfolio manager at Tudor Investment Corp who oversaw energy investing from Singapore for the giant hedge fund is setting up his own business with a handful of former colleagues, according to several people familiar with the matter. With Asia remaining a key focus for investors, Tudor has no plans to leave Singapore, however.
-
TOKYO, Jan 10- A faulty valve caused a fuel leak on a Boeing 787 Dreamliner at Boston airport earlier this week, operator Japan Airlines Co. Ltd said on Thursday. In one of several problems relating to Boeing's newest model in recent weeks, about 40 gallons of fuel spewed onto the taxiway in Boston, compelling the plane to cancel take-off and to return to the gate.
-
WASHINGTON- President Barack Obama will nominate White House Chief of Staff Jack Lew to be his next Treasury secretary, choosing a budget expert and close confidant to spearhead tough fiscal fights with Congress over the U.S. deficit.
-
*Legg Mason board declines to explore idea-sources. NEW YORK, Jan 10- Legg Mason Inc has been approached in recent months by some of its senior managers and private equity firms with plans to take the struggling asset manager private, but the board has decided against exploring that option at least until the company has a new chief executive, three sources said.
-
*Legg Mason board declines to explore idea-sources. NEW YORK, Jan 10- Legg Mason Inc has been approached in recent months by some of its senior managers and private equity firms with plans to take the struggling asset manager private, but the board has decided against exploring that option at least until the company has a new chief executive, three sources said.
-
*Boeing says overcharging can lead to battery fire. *Boeing designed 787 to prevent overcharging, contain fires. DETROIT/ NEW YORK, Jan 9- An electrical fire on Boeing's new 787 Dreamliner is drawing renewed scrutiny for lithium-ion batteries, an increasingly important component in planes and hybrid cars.