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Massachusetts

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  • *Oil prices weaken for third straight day. *Charter to buy Bright House for about $10 bln. NEW YORK, March 31- U.S. stocks fell on Tuesday as energy and healthcare shares retreated, but the S&P 500 and Nasdaq registered their ninth straight quarterly advance.

  • *Oil down on worries that Iran could add to supply. NEW YORK, March 31- The euro closed out the worst quarter in its 15- year history on Tuesday, slammed by monetary policy changes and worries about Greece, while U.S. stocks retreated a day after posting big gains. Federal Reserve will raise interest rates this year, while the European Central Bank's...

  • *Charter to buy Bright House for about $10 bln. NEW YORK, March 31- U.S. stocks ended down on Tuesday in a retreat from the previous session's sharp rally as energy shares declined and the dollar edged up, but the S&P 500 and Nasdaq registered their ninth straight quarterly rise. The S&P Energy index declined 0.9 percent, while shares of Exxon Mobil Corp fell 0.7...

  • Judge approves RadioShack sale to Standard General Tuesday, 31 Mar 2015 | 3:51 PM ET

    DOVER, Del.— A bankruptcy judge has approved the sale of more than 1,740 RadioShack stores to hedge fund Standard General, preserving some 7,500 jobs. RadioShack's bankruptcy plan calls for Sprint, the No. 3 U.S. wireless carrier, to operate dedicated "store within a store" shops in most of the locations acquired by acquired by General Wireless, a newly formed...

  • Charlie Baker's proposal to do away with the decade-old tax break for movie and TV production in Massachusetts. Citing a recent report from the state Department of Revenue, Secretary of Economic Affairs Jay Ash said for each dollar in tax incentives for the film industry from 2006 to 2012, the state received 13 cents in offsetting revenue.

  • WASHINGTON, March 31- U.S. consumer confidence rebounded strongly in March amid optimism over the labor market while house prices increased in January, hopeful signs that a recent sharp slowdown in economic activity was probably a blip. A combination of harsh winter weather, a now-settled labor dispute at the country's busy West Coast ports, softer global...

  • Paul LePage said Tuesday that the "gloves are off" as he digs in for another fight with Democrats this year over his plan to increase the number of drug enforcement officials in Maine. The Maine people demand that we keep our children alive. " LePage says Maine needs additional resources to stem the tide of the growing public safety threat, noting the sharp rise in the...

  • March 31- Private equity firm TowerBrook Capital Partners LP said it would acquire women's apparel and accessories retailer J. Jill, adding to its portfolio of retail firms, which includes denim company True Religion Apparel Inc.. TowerBrook will acquire J. Jill from private equity firm Golden Gate Capital and global investment firm Arcapita.

  • A look at top car, truck speed limits across the US Tuesday, 31 Mar 2015 | 10:59 AM ET

    Nearly all truck tires have been built for a maximum sustained speed of 75 mph since the middle of last decade, when drivers across the vast majority of the U.S. were allowed to go no faster than 65 or 70 mph. But 14 states, mainly west of the Mississippi River, now have speed limits of 75, 80, even 85 mph in part of Texas. Here is a look at the top speed limits for cars in...

  • TowerBrook to buy women's clothing brand J.Jill Tuesday, 31 Mar 2015 | 9:18 AM ET

    It is being acquired by TowerBrook Capital Partners L.P. which is buying it from the investment firm Arcapita and private equity firm Golden Gate Capital. TowerBrook, which has offices in New York and London, has diverse investments, including the St. Louise Blues ice hockey team and aircraft interior designer AIM Aviation.

  • Boston University alumnus gives $50M gift to school Tuesday, 31 Mar 2015 | 8:21 AM ET

    BOSTON— Boston University has renamed its business school after an alumnus who made his fortune in the retail industry and donated $50 million, the largest gift in university history. The university's school of management on Monday was renamed the Questrom School of Business after 1964 graduate Allen Questrom and his wife, Kelli, who made the gift through...

  • BOSTON— Massachusetts should be a national leader in narrowing the wage gap between men and women in the workforce, state Treasurer Deb Goldberg said Tuesday in announcing the creation of a new statewide advisory committee to devise strategies for improving wage equality. According to Goldberg, women in Massachusetts earn just 82 cents on the dollar...

  • NYC blast probe highlights problem of stealing gas Tuesday, 31 Mar 2015 | 12:54 AM ET

    NEW YORK— It was a run-of-the-mill complaint— a smell of gas— with a troubling explanation: Someone had improperly tapped into a Manhattan building's gas line, and it was leaking. While officials caution that they aren't certain of the cause of last week's blast in New York's East Village, it is highlighting a long-known problem with potentially deadly...

  • CANTON, Mass.— Dunkin' Donuts is looking to transition to all cage-free eggs worldwide. Dunkin' Donuts said Monday that 10 percent of eggs sourced for breakfast sandwiches in the U.S. will be cage-free by 2016' s end. Dunkin' Donuts and Baskin-Robbins are part of Dunkin' Brands Group Inc., which is based in Canton, Massachusetts.

  • *Novartis commits $225 mln upfront to private biotech firm. *Novartis also picks top scientist to lead immuno-oncology. March 30- Swiss drugmaker Novartis is digging deeper into cancer immunotherapy, one of the hottest areas of drug research, through a tie-up with Aduro Biotech worth up to $750 million.

  • NEW YORK, March 30- U.S. coding site GitHub said it was deflecting most of the traffic from a days-long cyberattack that had caused intermittent outages for the social coding site, with the Wall Street Journal citing China as the source of the attack. They pushed massive amounts of traffic to GitHub by redirecting overseas users of the popular Chinese search...

  • JetBlue computer outage causes delays for passengers Monday, 30 Mar 2015 | 7:37 AM ET

    NEW YORK— A computer outage that caused delays for thousands of JetBlue Airways passengers early Monday morning has been resolved, the company said. JetBlue Airways said it had fixed a systemwide computer problem by 6:15 a.m. Eastern that has caused delays because the airline had to manually check in passengers. A list of flights on the website of New York's...

  • NEW YORK, March 30- Fidelity Investments, a major investor in DuPont, has put pressure on activist fund Trian Fund Management LP and the chemical conglomerate to reach a settlement in what it sees as a detrimental proxy fight, according to people close to the matter. Fidelity, whose 2.5 percent stake makes it DuPont's sixth largest shareholder, has not publicly...

  • At the end of last year, a Massachusetts route selected by Texas- based Kinder Morgan generated so much venom that the company nudged it north into New Hampshire— where the venom is also flowing freely. There's another reason the loudest protests are all coming from the region: They're where the gas is, waiting just east of the gas-rich Marcellus Shale region.

  • SAN FRANCISCO— A long legal battle over accusations that a prominent Silicon Valley venture capital firm demeaned women and held them to a different standard than their male colleagues became a flashpoint in the ongoing discussion about gender inequity at elite technology and venture capital firms. Though Ellen Pao lost her lawsuit against Kleiner...