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  • BEDFORD, Mass. _ Progress Software Corp. on Wednesday reported fiscal second-quarter profit of $5.8 million. For the current quarter ending in August, Progress Software expects its per-share earnings to range from 35 cents to 38 cents. Progress Software expects full-year earnings in the range of $1.45 to $1.52 per share, with revenue ranging from $380 million...

  • Supreme Court ruling against a federal regulation aimed at cutting air pollution from power plants will limit growth for Cabot Corp and Calgon Carbon Corp, which make activated carbon used to curb mercury emissions. The tiny $80 million market for activated carbon could have shot up to $300 million- $350 million by 2017, analysts had said.

  • *WTI discount vs Brent hits $5 a barrel, biggest in 2 weeks. *Slide came on U.S. stockpile build, Greece and Iran fears. NEW YORK, July 1- U.S. crude prices fell 4 percent on Wednesday, posting their biggest daily drop since April after oil stockpiles in the United States rose for the first time in more than two months.

  • BOSTON— One of the most remarkable work stoppages in U.S. labor history will soon be the subject of a documentary film. "Food Fight: Inside the Battle for Market Basket" is being edited and is scheduled to be released in the fall, said director Jay Childs, a New Hampshire- based film maker who's been working on the project for two years. The documentary is about the...

  • MADRID, July 1- Power group UIL Holdings said on Wednesday it would quickly address regulators' concerns after its $3 billion takeover by Spain's Iberdrola was rejected by a U.S. antitrust watchdog in a preliminary decision. Iberdrola agreed in February to buy UIL to gain presence in Connecticut, Massachusetts, Maine and New York as part of an expansion plan in...

  • MADRID, July 1- Power group UIL Holdings said on Wednesday it would quickly address regulators' concerns after its $3 billion takeover by Spain's Iberdrola was rejected by a U.S. antitrust watchdog in a preliminary decision. Iberdrola agreed in February to buy UIL, a company with presence in Connecticut, Massachusetts, Maine and New York, to expand in the United...

  • NEW YORK, July 1- With four kids between the ages of 1 and 12, Loralee Leavitt is a cost-savings ninja when she hits the road. Leavitt, who hails from Kirkland, Washington, estimates that she has gone on more than 30 road trips with her growing family, logging over 60,000 miles, to places like Utah, Colorado, Arizona and California. Their piece de resistance: A trip to...

  • WILMINGTON, Mass. _ UniFirst Corp. on Wednesday reported fiscal third-quarter profit of $25.8 million. UniFirst expects full-year earnings to be $5.90 to $6 per share, with revenue in the range of $1.45 billion to $1.46 billion. UniFirst shares have fallen roughly 8 percent since the beginning of the year.

  • ATLANTA— Just days after a historic U.S. Supreme Court decision on same-sex marriage, Indiana's religious freedom law took effect Wednesday amid an ongoing national debate over gay rights and religious objections. Indiana's Religious Freedom Restoration Act, which sparked protests and boycott threats earlier this year before being quickly revised, is...

  • PLYMOUTH, Mass.— Firefighters say a bulldozer has been buried by an "avalanche" of sand at a Massachusetts gravel site, killing a worker. Plymouth District Attorney Timothy Cruz identifies the construction company worker killed Tuesday as 65- year-old Whitman resident Charles Pace. Plymouth fire Chief Edward Bradley says about 12 feet of sand fell on Pace and...

  • The state Public Utilities Regulatory Authority issued a draft decision saying that Spain's Iberdrola has not provided "any measurable or quantifiable commitments" that assure regulators that ratepayers will not be harmed by its plan to buy UIL Holdings Corp.. The agency said it cannot conclude that Iberdrola and UIL Holdings "will continue to possess the...

  • National Transportation Safety Board investigator Doug Brazy said Tuesday that investigators found a hole in the engine's crankcase but don't know the cause. Joseph Richard Kalister, of Knoxville, Tennessee; his wife, Betty Kalister; and their teenage daughter, Nicole Kalister. The daughter had been scheduled to attend a new-student orientation at...

  • BOSTON— When a paid sick time requirement takes effect Wednesday, state officials say the focus will be on educating employers about the new law, not punishing any for noncompliance. Regulations drafted by Attorney General Maura Healey's office do not spell out penalties for employers who skirt the law. Civil enforcement would be possible through the state's...

  • As Christie eyes White House, New Jersey wants jobs Tuesday, 30 Jun 2015 | 11:32 AM ET

    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...

  • US home prices climbing steadily Tuesday, 30 Jun 2015 | 9:00 AM ET

    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...