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Massachusetts

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  • Pro-casino group ramping up campaign spending Monday, 22 Sep 2014 | 12:36 PM ET

    The Coalition to Protect Massachusetts Jobs spent $702,000 from Sept. 1-15, according to the group's most recent campaign finance filing. The political advocacy group is financed largely by Penn National Gaming, which won the state's lone slot parlor license and is building a $225 million development at the harness racing track in Plainville.

  • 15 vehicles destroyed at Sudbury auto dealership Monday, 22 Sep 2014 | 7:32 AM ET

    SUDBURY, Mass.— Fifteen luxury vehicles were destroyed and five others were damaged in a massive fire Monday at a Sudbury auto dealership. There were no reports of injuries. The fire at a lot at Herb Chambers Land Rover and Jaguar on Route 20 was reported by a passer-by just after 1 a.m., Fire Chief William Miles said.

  • German Merck to buy St. Louis-based Sigma-Aldrich Monday, 22 Sep 2014 | 6:49 AM ET

    FRANKFURT, Germany— German drug company Merck says it has agreed to buy St. Louis- based chemical firm Sigma-Aldrich Corp. for $17 billion in a deal Merck says will strengthen its business in chemicals and laboratory equipment.

  • EXCLUSIVE-LAW FIRMS BINGHAM, MORGAN LEWIS, AGREE TO MERGE. Sept 20- Leaders of two of the United States' largest law firms, Boston- based Bingham McCutchen and Philadelphia's Morgan Lewis& Bockius, have agreed to merge, according to three people familiar with the matter.

  • 2016 may loom, but Jeb Bush is focused on business Saturday, 20 Sep 2014 | 9:53 AM ET

    While other Republicans are thinking about 2016, former Florida Gov. Jeb Bush is busy tending to a personal business empire.

  • 2016 may loom, but Jeb Bush is focused on business Saturday, 20 Sep 2014 | 8:26 AM ET

    CORAL GABLES, Fla.— While other Republicans considering the 2016 presidential race are openly laying the foundations of potential campaigns, former Florida Gov.

  • Ex-employees say Home Depot left data vulnerable Saturday, 20 Sep 2014 | 12:00 AM ET
    Home Depot cashier at a Miami store.

    The risks were clear to computer experts inside Home Depot: The chain, they warned for years, might be easy prey for hackers. NYT reports.

  • NEW YORK, Sept 19- The asset with the greatest prowess of late has been the U.S. dollar, and if its rally continues, it threatens to eat into the earnings of multinational companies. We are now seeing a new uptrend develop, "said Adam Sarhan, founder and CEO of Sarhan Capital in New York.

  • Sept 19- Online home-furnishings retailer Wayfair Inc's initial public offering is expected to be priced at $25- $28 per share, valuing the company at $2.32 billion at the top end of the range. It counts funds affiliated with Great Hill Partners, Battery Ventures and HarbourVest Partners among its stockholders.

  • Family of CIA contractor slain in Benghazi may sue Friday, 19 Sep 2014 | 11:49 AM ET

    BOSTON— The family of a CIA contractor killed in Benghazi, Libya, has filed claims seeking $2 million in damages from the CIA and State Department, alleging there was inadequate security at the U.S. diplomatic post and CIA compound when it came under attack by militants in 2012..

  • Welding company in fatal Boston fire faces fines Friday, 19 Sep 2014 | 11:31 AM ET

    BOSTON— The owners of a welding company blamed for a fire in Boston that killed two firefighters are facing fines of up to $58,000 after federal workplace safety regulars found the company failed to follow proper precautions.

  • BOSTON/ CHICAGO, Sept 18- Home Depot Inc Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year's unprecedented breach at Target Corp..

  • JetBlue's CEO will step down early next year Thursday, 18 Sep 2014 | 5:08 PM ET

    JetBlue Airways Corp. CEO Dave Barger will step down in February and be replaced by the company's president, ending months of speculation about leadership at the airline, which is profitable but has lagged its rivals.

  • NEW YORK, Sept 18- U.S. fund managers are finding a lot to like about finger-painting and naptime. Fund ownership of Bright Horizons Family Solutions Inc, the only publicly traded daycare company in the United States, swelled 21 percent in the most recently reported quarter according to fund tracker Morningstar.

  • SEATTLE, Sept 18- Microsoft Corp will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO's goal of cutting 18,000 staff, or about 14 percent of its workforce.

  • Calgary- based TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38 billion pipeline operator as a break-up candidate, people close to the matter said.

  • The largest percentage gainer on the New York Stock Exchange was Penn West Petroleum, up 11.54 percent, while the largest decliner was Pier 1 Imports, down 17.57 percent a day after it slashed its full-year earnings forecast.

  • Supermarket feud tied to monthly job figures Thursday, 18 Sep 2014 | 9:56 AM ET

    BOSTON— The worker revolt at the Market Basket supermarket chain appears to have caused a ripple effect in the Massachusetts economy, with the state reporting Thursday that several thousand jobs were lost in August, largely because of "temporary employment disruptions" in the retail sector.

  • *Futures up: Dow 44 pts, S&P 6 pts, Nasdaq 13 pts. NEW YORK, Sept 18- U.S. stocks were set to rise at the open on Thursday, with the S&P 500 on track to test resistance at its record high a day after the U.S.

  • Census: NY poverty, income levels steady in 2013 Thursday, 18 Sep 2014 | 3:02 AM ET

    And the Census Bureau says Thursday median household income in the state also remained flat at about $57,000. The national median income was about $52,000 last year. Among New York's neighbors, it was $68,000 in Connecticut; $66,000 in Massachusetts; $70,000 in New Jersey; $52,000 in Pennsylvania and $53,000 in Vermont.