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Massachusetts

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  • Parks Service bans drones over Appalachian Trail Wednesday, 20 Aug 2014 | 6:55 PM ET

    PITTSBURGH— The National Park Service has banned drones from flying over the Appalachian Trail. The Park Service said Wednesday the interim rule prohibits launching, landing or operating unmanned aircraft from or on Appalachian National Scenic Trail lands.

  • *Eyes on Jackson Hole summit starting Thursday. NEW YORK, Aug 20- The U.S. dollar hit fresh multi-month highs against a basket of major currencies on Wednesday after minutes from the Federal Reserve's July policy meeting signaled the potential for an earlier-than-expected hike in interest rates.

  • Governor: Grocery chain fight at 'critical point' Wednesday, 20 Aug 2014 | 3:00 PM ET

    Deval Patrick said Wednesday he was hopeful that a family fight over the Market Basket grocery store chain that has sparked an employee walkout and a customer boycott can be resolved soon.

  • Lamson said it plans to sell its main factory, enabling it to repay a $1.07 million loan to the U.S. Small Business Administration, which holds a first mortgage on the property. The privately held company was founded in 1837, the same year President Andrew Jackson left the White House and Queen Victoria began her 63- year reign in the UK.

  • Staples meets Street 2Q forecasts Wednesday, 20 Aug 2014 | 10:41 AM ET

    FRAMINGHAM, Mass.— Staples Inc. on Wednesday reported fiscal second-quarter net income of $81.9 million. For the current quarter ending in October, Staples expects its per-share earnings to range from 34 cents to 39 cents. Staples shares fell 38 cents, or 3.8 percent, to $11.24 in morning trading.

  • Massachusetts cutlery maker files for bankruptcy Wednesday, 20 Aug 2014 | 8:25 AM ET

    BUCKLAND, Mass.— The nation's oldest cutlery manufacturer has filed for bankruptcy after 177 years of making knives and other kitchen tools.

  • EDGARTOWN, Mass.— Obama says US will continue to confront Islamic State extremists despite threats to Americans.

  • Aug 20- Hackers who stole the personal data of about 4.5 million patients of hospital group Community Health Systems Inc broke into the company's computer system by exploiting the "Heartbleed" internet bug, making it the first known large-scale cyber attack using the flaw, according to a security expert.

  • FDA approves new drug for rare genetic disease Tuesday, 19 Aug 2014 | 6:00 PM ET

    Cerdelga is from Genzyme, the specialty drugmaker that introduced the first drug for Gaucher's disease 20 years ago. The oral treatment could serve as an alternative to Genzyme's best-selling drug Cerezyme, which is given intravenously. Genzyme says it will soon release pricing for its new drug.

  • SAN FRANCISCO, Aug 19- Uber has enlisted David Plouffe, President Barack Obama's 2008 campaign manager, to devise and run its global political and branding strategy, as the fast-expanding car rides-on-demand startup runs into stiff resistance in some cities.

  • SAN FRANCISCO, Aug 19- Uber has enlisted David Plouffe, President Barack Obama's 2008 campaign advisor, to devise and run its global political and branding strategy, as the fast-growing car rides-on-demand firm runs into stiff resistance from taxi companies in some cities.

  • Chemical firm pleads guilty to clean air violation Tuesday, 19 Aug 2014 | 10:23 AM ET

    PROVIDENCE, R.I.— A Massachusetts- based chemical company has pleaded guilty to violating the Clean Air Act at a facility it owned in Rhode Island. Roberts Chemical Co., now based in Attleboro, Massachusetts, pleaded guilty Monday in U.S. District Court in Providence as part of a plea deal with prosecutors.

  • TJX 2Q profit rises, boosts full-year outlook Tuesday, 19 Aug 2014 | 9:41 AM ET

    Maxx, Marshalls and other stores topped Wall Street's view. TJX earned $517.6 million, or 73 cents per share, for the period ended Aug. 2. Revenue for the Framingham, Massachusetts company increased 7 percent to $6.92 billion from $6.44 billion, beating Wall Street's estimate of $6.88 billion.

  • DIARY - Top Economic Events to Sep 2 Monday, 18 Aug 2014 | 8:01 PM ET

    SYDNEY- Reserve Bank of Australia will release the minutes of its August policy board meeting- 2340 GMT. SALZBURG, Germany- Federal Reserve Bank of New York Deputy General Counsel and Senior Vice President Joyce Hansen, Austrian National Bank Deputy Governor Andreas Ittner and Bundesbank Board member Andreas Dombret speak at Salzburg Global Seminar.

  • The 2010 Dodd-Frank law, enacted by Congress to crack down on Wall Street excesses, curtailed those powers. Fifteen lawmakers from both political parties and both houses of Congress said on Monday that the Fed has not done enough on its own to adequately limit its crisis lending powers.

  • U.S. lawmakers slam Fed's crisis lending proposal Monday, 18 Aug 2014 | 5:08 PM ET

    The 2010 Dodd-Frank law, enacted by Congress to crack down on Wall Street excesses, curtailed those powers. Fifteen lawmakers from both political parties and both houses of Congress said on Monday that the Fed has not done enough on its own to adequately limit its crisis lending powers.

  • Both sides of casino debate ready campaign moves Monday, 18 Aug 2014 | 12:41 PM ET

    The recently-formed political group is funded by gambling giants MGM Resorts International, Mohegan Sun and Penn National Gaming. Campaign spokesman Stephen Eisele said two dozen volunteers canvassed in the communities of Winthrop, Bourne, Lexington, East Longmeadow and Ludlow.

  • Cianci sauce made no money for charity in 4 years Monday, 18 Aug 2014 | 11:07 AM ET

    PROVIDENCE, R.I.— Former Mayor Buddy Cianci's face beams from the label of his Mayor's Own Marinara Sauce, which also promises that sales are "Benefiting Providence School Children" and have helped hundreds of students attend college.

  • Governors step into New England supermarket feud Monday, 18 Aug 2014 | 6:54 AM ET

    BOSTON— As an employee revolt at a New England grocery store chain headed into its fifth week, the governors of Massachusetts and New Hampshire took the unusual step of personally stepping in to negotiations aimed at ending a standoff threatening the future of the popular low-priced supermarkets. Deval Patrick and New Hampshire Gov.

  • Top bid for tallest New England lighthouse is $78K Sunday, 17 Aug 2014 | 3:26 PM ET

    PORTLAND, Maine— The tallest lighthouse in New England will likely soon have a new owner. The federal government on Sunday closed out an auction for Boon Island Light Station, with the top bidder offering $78,000 for the lighthouse built in 1855 on a tiny rocky island 6 miles off Maine's coast.