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  • Staples, the nation's largest big box office supply chain, announced last month that it would spend about $6 billion to buy rival Office Depot Inc. It closed 169 stores in North America last year and plans to close a total of 225 locations by the end of 2015 as it ties up with Office Depot. Staples said Friday that the current quarter included $410 million in...

  • NEW YORK, March 6- U.S. consumers battered by the wretched winter weather still afflicting much of the eastern half of the country have responded by ordering in rather than eating out, flying more frequently to Florida and cutting out trips to the mall, according to a Reuters review of company data. While the relentless weather has dented traffic and sales for...

  • WASHINGTON— U.S. employers are expected to follow the best three-month burst of hiring in 17 years with another solid round of job gains in February. The February jobs report will be released at 8:30 a.m. Eastern time. "People are pretty optimistic about the U.S. economy, and they're hiring," said Frank Friedman, interim CEO of Deloitte, the consulting firm that...

  • Tetraphase reports 4Q loss Thursday, 5 Mar 2015 | 5:13 PM ET

    WATERTOWN, Mass. _ Tetraphase Pharmaceuticals Inc. on Thursday reported a loss of $20.6 million in its fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share. Four analysts surveyed by Zacks expected $2.7 million.

  • A robust US job market is expected to keep delivering Thursday, 5 Mar 2015 | 3:47 PM ET

    WASHINGTON— Even after the most vigorous three-month hiring spree in 17 years, U.S. employers are showing few signs of letting up. Job growth for February, to be reported Friday, might not match the furious pace of November through January, when 1 million positions were added. "People are pretty optimistic about the U.S. economy, and they're hiring," said Frank...

  • UNCASVILLE, Conn.— The two tribes that own Connecticut's casino resorts have been holding discussions with state lawmakers about opening new, smaller casinos near state boundaries with Massachusetts and New York to keep up with competition in the neighboring states, officials said Thursday. Steve Dargan, the co-chairman of the General Assembly's Public...

  • CENTENNIAL, Colo.— With jury selection moving faster than expected, a judge on Thursday set two possible dates in April for opening statements in the Colorado theater shooting case. The trial had been expected to open in May or early June, but Judge Carlos A. Samour Jr. tentatively scheduled the start of the death penalty case for April 21 or April 27.

  • CONCORD, N.H.— The Texas- based energy company that wants to build a natural gas pipeline through southern New Hampshire into Massachusetts announced Thursday that it has lined up utilities and other entities to transport the gas. Kinder Morgan said its subsidiary, Tennessee Gas Pipeline Company, now has commitments from National Grid, Liberty Utilities,...

  • BOSTON— MGM outlined its construction schedule for an $800 million resort casino in Springfield on Thursday, starting with a March 24 groundbreaking. At a rare Springfield meeting for the state Gaming Commission, officials for the Las Vegas- based casino company said they expect basic site preparation activities will follow soon after the formal...

  • WELLESLEY, Mass.— Wellesley College is joining a growing list of women's colleges that accept transgender students. President H. Kim Bottomly and trustees' chairwoman Laura Daignault Gates said in a letter Wednesday that " Wellesley will consider for admission any applicant who lives as a woman and consistently identifies as a woman." Mount Holyoke and Simmons...

  • WASHINGTON, March 5- The number of Americans filing new claims for unemployment aid last week rose to its highest level since May, but economists dismissed the increase as weather-related and said the jobs market remained solid. "The underlying fundamentals of the economy remain solid and there is no reason we won't continue to see the type of economic growth...

  • FALL RIVER, Mass.— Tracking data shown to the jury Thursday in the murder trial of former New England Patriots tight end Aaron Hernandez indicates the victim's cellphone pinged along the same route that prosecutors say Hernandez took that night. A T- Mobile employee testified about cell sites that pinged Lloyd's phone starting at 2:32 a.m., when prosecutors...

  • Insurer teams up with hospitals to create new company Thursday, 5 Mar 2015 | 9:32 AM ET

    CONCORD, N.H.— One of the largest insurers in Massachusetts is starting a health insurance company with five hospitals in New Hampshire. The network includes Catholic Medical Center, Concord Hospital, Lakes Region General Hospital, Southern New Hampshire Medical Center, Wentworth-Douglass Hospital and their affiliates. Harvard Pilgrim last year created a...

  • WASHINGTON— The number of people seeking unemployment benefits rose last week to the highest level since May, though the pace of applications remains at a level consistent with steady hiring. Weekly applications rose 7,000 to a seasonally adjusted 320,000, the Labor Department said Thursday. Kentucky said applications for unemployment benefits in that...

  • Ameresco posts 4Q profit Thursday, 5 Mar 2015 | 6:21 AM ET

    FRAMINGHAM, Mass. _ Ameresco on Thursday reported fourth-quarter earnings of $8.7 million. Ameresco expects full-year earnings to be 16 cents to 24 cents per share, with revenue in the range of $610 million to $640 million. Ameresco shares have decreased slightly more than 8 percent since the beginning of the year.

  • WILSON, N.C.— Details emerging from the theft of nearly $5 million in gold bars on an interstate highway indicate the heist was carefully planned and raise questions about who was involved other than the three armed robbers. The robbers pulled up almost immediately after the drivers made an unscheduled stop on a dark stretch of highway in North Carolina,...

  • Late winter snowstorm blankets South, Northeast Thursday, 5 Mar 2015 | 4:31 AM ET

    Meanwhile, areas farther north, such as Maryland and New Jersey, were already seeing snow early Thursday and federal workers in the Washington area were told to stay home. The federal government says its offices in the Washington area will be closed Thursday because of a new round of winter weather expected in the region. The Office of Personnel Management says...

  • SAN FRANCISCO— A sex discrimination trial against one of Silicon Valley's most prestigious venture capital firms is providing a rare peek into the elite investment companies vying to fund the next Google and Amazon. Their partnership rosters are stacked with some of the nation's most accomplished graduates— multiple-degree holders from schools such as...

  • The $62B secret of Warren Buffett's success Thursday, 5 Mar 2015 | 2:31 AM ET
    Warren Buffett speaks at the “Detroit Homecoming” event, Sept. 18, 2014.

    Buffett's Berkshire Hathaway has been able to defer $61.9 billion of corporate taxes, the Financial Times reports.

  • NEW YORK— Upscale hotel chain Mandarin Oriental says it is investigating a potential credit card breach at its hotels. Mandarin Oriental said it is coordinating with credit card agencies and forensic specialists. Mandarin Oriental operates hotels across the world including Paris, Shanghai, Hong Kong, London, New York, Miami, San Francisco, Prague, Boston, Las...