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Massachusetts

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  • NEW YORK, June 30- New Jersey Governor Chris Christie's second-in-command gave her pitch to a small crowd at a Philadelphia biotechnology convention in June with her signature move: giving out her cell phone number. "Now, no one from New Jersey! I want the guys that aren't already here in New Jersey. "

  • LONDON, June 30- In a rare defeat for the U.S. Environmental Protection Agency, the U.S. Supreme Court ordered it on Monday to reconsider whether the EPA's regulations on mercury and other toxic emissions from power plants are appropriate and necessary. While the EPA considered the costs and benefits of various regulatory options later in the rule-writing...

  • WASHINGTON— U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco. Prices in the Denver metro areas climbed 10.3 percent, while home values in San Francisco rose 10 percent. Values increased more than 7.5 percent in Dallas, Miami, Seattle and Tampa.

  • PITTSBURGH— An American Airlines operations manager who was among the few people to learn of the first 9/ 11 hijacking before the jet struck the World Trade Center has been arrested near Pittsburgh in an online child-sex sting. He was arrested Friday in Moon Township, about 13 miles northwest of downtown Pittsburgh, and charged with criminal attempt to commit...

  • AMAG buying Cord Blood Registries for $700 million Monday, 29 Jun 2015 | 10:25 AM ET

    NEW YORK— AMAG Pharmaceuticals Inc. is buying the stem-cell storage company Cord Blood Registry for $700 million from private equity firm GTCR. Waltham, Massachusetts- based AMAG focuses on specialty drugs for maternal health and anemia. Cord Blood Registry had revenue of about $126 million in 2014, the company said.

  • June 29- Amag Pharmaceuticals Inc said it would buy the largest newborn stem cell bank in the world for $700 million in cash and stock to strengthen is maternal health business, in its biggest deal ever. The acquisition of CBR is Amag's first in the maternity-related business since it bought Lumara Health Inc for $675 million in September. Deutsche Bank and...

  • SACRAMENTO, Calif.— Travelers easily whiz from city to city on high-speed trains in many parts of South America, Asia and Europe. Since the first high-speed lines began operating more than 50 years ago in Japan, they have become an essential part of transportation worldwide. "The challenge in America is the scale of America," said Robert Eckels, chief executive of the...

  • SAN FRANCISCO, June 26- Anxiety about Greece and uncertainty about the timing of higher U.S. interest rates may keep Wall Street on edge early next week, but one ray of hope for investors could be an unusually long streak of ambivalence on Main Street. "The market climbs a wall of worry and if there's some bearishness out there it means there's potential buying power...

  • Census data show commuters in the Providence- Warwick area who took public transportation in 2013 spent an average of 59.5 minutes commuting to work, compared to 57.7 minutes in the Las Vegas area, for instance, and 36 minutes in Rochester, New York. Public transit commutes in the Providence- Warwick area also were higher than the national average of 48.7 minutes,...

  • At 4:35 a.m. each weekday, Stan Paul drives out of his Southern California suburb with 10 passengers in a van, headed to his job as an undergraduate counselor at the University of California, Los Angeles. On the return trip, Los Angeles' infamously snarled traffic often stretches their afternoon commute to three hours. "If we don't change, in 2045, the...

  • Total debt: Fiscal year 2015 debt service is $56 million, representing 6.6 percent of BART's operating budget. Funding sources: Fares, a 75 percent share of a half-cent sales tax in San Francisco, Alameda and Contra Costa counties, and a dedicated property tax assessment in those counties. Age of system: The Chicago Transit Authority began full operations on Oct. 1,...

  • SACRAMENTO, Calif.— Travelers easily whiz from city to city on high-speed trains in many parts of South America, Asia and Europe. Since the first high-speed lines began operating more than 50 years ago in Japan, they have become an essential part of transportation worldwide. "The challenge in America is the scale of America," said Robert Eckels, chief executive of the...

  • BOSTON— Urban planners have long considered public transportation the best remedy for traffic congestion, but many of the nation's largest mass-transit systems simply aren't up to the task. Consider Boston, where the oldest American subway system began operating in 1897. During a winter of record-setting snow, the Massachusetts Bay Transportation...

  • The problem is clear: Traffic congestion will become significantly worse and more widespread without big changes in how people and products get around. The possible solutions are many, but none is easy or cheap. The nation's driving capital, Los Angeles, is making a multibillion-dollar investment in building or extending five rail lines.

  • A spokesman for the private Boston 2024 group confirmed Friday that the much-anticipated rollout of "version 2.0" of the plan, which was first unveiled in January, will come during a 10 a.m. event at the Boston Convention and Exhibition Center. The release comes a day before a June 30 meeting of the U.S. Olympic Committee's board of directors in San Francisco, where...

  • NEW YORK— At least seven companies debuted on Wall Street Thursday, including credit reporting agency TransUnion. The Chicago company raised $664.8 million after selling about 29.5 million shares for $22.50 a share. TransUnion's shares, which are trading under the symbol "TRU" on the New York Stock Exchange, rose $2.83, or 12.6 percent, to $25.33 in afternoon...

  • Hedge funds say au revoir to glitzy Monaco bash Thursday, 25 Jun 2015 | 1:32 PM ET

    *Top industry conference heads to Amsterdam. MONACO, June 25- Ferraris, super-yachts and free-flowing champagne- for a decade, Monaco and hedge funds have gone hand-in-hand. As the warm Mediterranean sun set over Le Méridien Beach Plaza hotel in the small principality, attendees could look forward to next year's event in Amsterdam.

  • MGM asks to delay opening Massachusetts casino by a year Thursday, 25 Jun 2015 | 12:19 PM ET

    BOSTON— MGM wants to delay the opening of its planned resort casino in western Massachusetts by a year because of a major highway project taking place nearby. The Las Vegas casino giant Thursday submitted a revised project schedule Thursday to the state Gaming Commission that calls for construction to be completed in August 2018 and the casino to officially...

  • Thermo Fisher buying research chemicals maker for $403M Thursday, 25 Jun 2015 | 11:40 AM ET

    NEW YORK— Scientific instruments maker Thermo Fisher will spend $403 million to acquire a Massachusetts research chemicals producer. Alfa Aesar, which is located about 30 miles north of Boston, is a unit of Johnson Matthey, a British company that makes specialty chemicals. Thermo Fisher, based in Waltham, Massachusetts, recorded $16.89 billion in revenue last...

  • Bristol-Myers to stop new antiviral drug research Thursday, 25 Jun 2015 | 11:08 AM ET

    June 25- Bristol-Myers Squibb said on Thursday that it would stop efforts to find new antiviral drugs and cut 100 related jobs. The company said a research facility is expected to open in Cambridge, Massachusetts in 2018 and that the expansion of an R&D site in San Francisco Bay Area is likely to be completed by 2016.. Bristol-Myers' stock was up marginally at...