GO
Loading...

Massachusetts

More

  • Michigan vote tests pothole angst vs. will to raise taxes Saturday, 25 Apr 2015 | 12:24 PM ET

    Mary Jo Walentovic was driving on a Detroit- area interstate in February when a car kicked up a large chunk of road that smashed through her van's windshield, destroying the rearview mirror and an armrest. Fed up, she plans to vote for a 1- cent sales tax increase on Michigan's May 5 ballot that would put an additional $1.2 billion a year into fixing deteriorating...

  • With legalization, lawyers turn to business of pot Saturday, 25 Apr 2015 | 10:42 AM ET

    "It's definitely something that established firms are dipping a toe into, though they are being very cautious, and rightly so," said Sam Kamin, a professor at the University of Denver Sturm College of Law who teaches a class about representing the marijuana industry. California and more than 20 other states have legalized the drug for medical use, and the pot...

  • Chicopee Bancorp posts 1Q profit Friday, 24 Apr 2015 | 3:09 PM ET

    CHICOPEE, Mass. _ Chicopee Bancorp Inc. on Friday reported first-quarter net income of $313,000, after reporting a loss in the same period a year earlier. Chicopee Bancorp shares have increased slightly since the beginning of the year. Keywords: Chicopee Bancorp, Earnings Report.

  • WASHINGTON— Japanese Prime Minister Shinzo Abe's visit to Washington next week comes amid heightened attention in Congress to an Asia-Pacific trade deal that has created a deep rift between President Barack Obama and members of his Democratic Party and whose central feature is liberalized commerce between the U.S. and Japan. Abe's official visit to...

  • Recalls this week: vacuum cleaners, bicycles Friday, 24 Apr 2015 | 1:55 PM ET

    Vacuum cleaners that pose an electric shock risk to users are among this week's recalled consumer products. Others include Trek bicycles with a defect that has caused several injuries. They were sold at Bed Bath& Beyond, Best Buy, Kohl's, Lowes, Target and other stores nationwide, online at www.sharkclean.com and through television infomercials from August...

  • BOSTON— A backpack strap used by an Apollo 14 astronaut as he moved around the surface of the moon in 1971 has sold at auction for nearly $42,000. Massachusetts- based RR Auction says the strap that Edgar Mitchell brought back as a souvenir of the mission fetched $41,806 this week. The suit he wore is on display at the National Air and Space Museum in Washington.

  • BOSTON— Drivers for ride-hailing services such as Uber or Lyft would be required to undergo state criminal background checks, and the companies would be required to carry at least $1 million in liability insurance for each ride, under legislation filed Friday by Gov. Under the measure, which needs approval from the House and Senate, all drivers for ride-hailing...

  • April 24- Slowing sales of Biogen Inc's key oral multiple sclerosis drug Tecfidera and a delay in a data readout for its keenly watched Alzheimer's drug sent the company's stock down as much as 8 percent on Friday. If Tecfidera's U.S. trajectory does not improve, Biogen's revenue growth may come in at the lower end of its previously issued forecast, Chief...

  • Clarification: New England Energy story Friday, 24 Apr 2015 | 11:20 AM ET

    HARTFORD, Conn.— In a story April 23 about energy policy, The Associated Press reported that five of New England' s six governors said they would work across the region while each state pursues individual projects. New England governors discuss ways to chop energy prices. HARTFORD, Conn.— New England' s governors agreed Thursday to a mix of regional and state actions...

  • April 24- Sales of Biogen Inc's key oral multiple sclerosis drug Tecfidera fell on a sequential basis in the first quarter for the first time since its launch in 2013, sending the company's stock down as much as 8 percent on Friday. If Tecfidera's U.S. trajectory does not improve, Biogen's revenue growth may come in at the lower end of its previously issued...

  • Tecfidera raked in sales of $824.9 million in the first quarter ended March 31, compared with $506 million a year earlier, but missed consensus projections of about $931 million, according to Deutsche Bank. We saw moderating patient growth of Tecfidera in the United States and Germany, Chief Executive George Scangos said in a statement. Net income attributable...

  • Biogen results rise, but miss 1Q forecasts Friday, 24 Apr 2015 | 7:21 AM ET

    But that missed Wall Street expectations, with the average estimate of 18 analysts surveyed by Zacks Investment Research expecting $3.92 per share. Nineteen analysts surveyed by Zacks expected $2.66 billion. The disappointing results sent Biogen Idec shares down $19.53, or 4.5 percent, to $410.75 in premarket trading shortly before the market open.

  • NEW YORK— Scholastic will sell its educational technology and services unit to Houghton Mifflin Harcourt for $575 million in cash. It brought in $249 million in revenue in fiscal 2014, which ends May 31 for New York- based Scholastic. Houghton Mifflin Harcourt Co., based in Boston, expects the acquisition to strengthen its offerings in growth areas, including...

  • State Street tops 1Q profit forecasts Friday, 24 Apr 2015 | 6:54 AM ET

    BOSTON _ State Street Corp. on Friday reported first-quarter profit of $409 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share. Fifteen analysts surveyed by Zacks expected $2.67 billion.

  • ImmunoGen reports 3Q loss Friday, 24 Apr 2015 | 6:45 AM ET

    WALTHAM, Mass. _ ImmunoGen Inc. on Friday reported a loss of $21.6 million in its fiscal third quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was also for a loss of 25 cents per share. Eight analysts surveyed by Zacks expected $25.7 million.

  • The Massachusetts Bay Transportation Authority offered the free rides on all modes of transportation, including trolleys, buses and commuter rail trains. Patricia Varon, of Somerville, said she appreciated the free ride but felt the T needed to be better managed. I don't really particularly think so, "said Varon, outside the Park Street station in downtown...

  • PORTLAND, Maine— Federal fishery regulators say they will keep much-debated protections for Cashes Ledge in the Gulf of Maine in place as part of a broad effort to alter the scope of New England' s fishing grounds. The decision to preserve Cashes Ledge came as the New England Fishery Management Council debated changes to habitat protections in the Gulf of Maine,...

  • NEW YORK, April 23- Verizon Communications Inc said on Thursday that Walt Disney Co and Twenty-First Century Fox are not running ads promoting the wireless carrier's recently launched FiOS Custom TV service on its channels in the New York market. Since Verizon unveiled its cheaper, slimmer pay-TV plan on Sunday, Disney, Comcast Corp's NBCUniversal and 21st...

  • BSB Bancorp posts 1Q profit Thursday, 23 Apr 2015 | 6:27 PM ET

    BELMONT, Mass. _ BSB Bancorp Inc. on Thursday reported net income of $1.4 million in its first quarter. BSB Bancorp shares have increased 9 percent since the beginning of the year. Keywords: BSB Bancorp, Earnings Report.

  • NEW YORK, April 23- Verizon Communications Inc said on Thursday that Walt Disney Co is not running ads promoting the wireless carrier's recently launched FiOS Custom TV service on its channels in the New York market. Since Verizon unveiled its cheaper, slimmer pay-TV plan on Sunday, Disney, Comcast Corp's NBCUniversal and 21st Century Fox have pushed back and...