Massachusetts is expected to add almost 400 jobs in biotech manufacturing by 2016. CNBC's Mary Thompson reports Quincy College aims to fill some of those jobs with a new program.» Read More
*Wall Street lags central bank's rate-rise expectations. SAN FRANCISCO/ NEW YORK, July 17- Investors may be ignoring subtle warnings from the Federal Reserve that a rate rise may come sooner than they think, setting the stage for another painful market contraction much like last year's "taper tantrum."
July 16- Love Culture Inc on Wednesday filed for Chapter 11 bankruptcy, becoming the latest women's apparel retailer to seek protection from creditors, and said it may be sold after having received interest from possible buyers.
WASHINGTON— Cities such as Indianapolis that regularly replace old natural gas lines have significantly fewer leaks than older urban areas where they don't, like Boston and New York City's Staten Island, according to a new study by Google and an environmental group. Boston and Staten Island averaged one leak per each mile mapped.
July 16- Love Culture Inc on Wednesday filed for Chapter 11 bankruptcy and said it is up for sale, becoming the latest women's apparel retailer to seek protection from creditors.
NEW YORK, July 16- Google Inc's Street View cars have captured the world's roads, highways and back alleys for years. Google cars fit with air monitors have taken millions of readings along the streets of Boston, New York and Indianapolis over the past two years as part of a program run by the non-profit Environmental Defense Fund to help reduce methane emissions.
All 12 of the Fed's regions reported growth with five— New York, Chicago, Minneapolis, Dallas and San Francisco— characterizing growth as "moderate" while the others reported "modest" growth. Boston and Richmond reported that growth came in at a slightly slower pace than the previous reporting period.
ALBANY, N.Y.— As many as 44 trains a week, each loaded with at least a million gallons of volatile crude oil from North Dakota's Bakken region, move through upstate New York, according to documents released Tuesday by the state.
Officials at the company, UIL Holdings Corp., "have decided to continue our efforts to pursue this acquisition and become a new business partner in the city of Philadelphia," James Torgerson, president and CEO of New Haven, Connecticut- based UIL, said in a statement.
BOSTON— Anti-casino activists on Wednesday set their sights on Springfield, which would be home to Massachusetts' first licensed casino, as they attempt to win voter support for a November ballot question to repeal the state's casino law. They said Springfield represents a key battleground since it would be home to a proposed $800 million MGM resort.
LONDON/ MADRID, July 16- Discount fashion chain Primark has made its mark in Europe by offering fast-changing fashion at rock-bottom prices.
WASHINGTON— The Senate approved two nominees for the Federal Energy Regulatory Commission on Tuesday under an unusual political deal in which a FERC staff member will eventually be promoted to lead the commission.
WASHINGTON, July 15- Federal Reserve Chair Janet Yellen said U.S. labor markets are far from healthy and signaled the Fed will keep monetary policy loose until hiring and wage data show the effects of the financial crisis are "completely gone."
BOSTON— State gambling regulators are weighing how to respond to Boston Mayor Marty Walsh's refusal to participate in arbitration with Wynn Resorts for a financial compensation deal. The Las Vegas- based casino giant proposes a $1.6 billion resort in neighboring Everett as it competes with Mohegan Sun for the sole state gambling license for the Boston area.
Mohegan Sun said total slot machine bets in June totaled $574.9 million, down 10 percent from June 2013. Mohegan Sun said the share of wagers known as revenue was $45.3 million, down 10 percent from June 2013. Foxwoods and Mohegan Sun are looking to expand into Massachusetts to drive up revenue.
LAFAYETTE, La.— Lafayette- based home nursing firm LHC Group will buy 14 home health agencies from a Tennessee company for $10 million in cash. Life Care Home Health Inc.' s agencies are spread across seven states. The Life Care agencies are in Arizona, Colorado, Massachusetts, Rhode Island, Tennessee, Utah and Washington.
The rate of Alzheimer's disease and other dementias is falling in the United States and some other rich countries— good news about an epidemic that is still growing simply because more people are living to an old age, new studies show. Dementia rates also are down in Germany, a study there found.
July 14- Staples Inc said the company and the U.S. Postal Service will end a pilot program to set up mini-post offices in the company's retail outlets, after several protests outside the retailer's stores.
NEW YORK, July 14- Former Goldman Sachs Group Inc director Rajat Gupta, serving a two-year prison term, has failed to persuade a federal appeals court to overturn his insider trading conviction.
The lawsuit charged the cooperative, its marketing arm, Dairy Marketing Services, and Dallas- based Dean Foods with working together to monopolize the market for raw milk in the Northeast, driving down prices paid to dairy farmers. Dairy processor Dean Foods Co. agreed to a settlement of $30 million in 2011. Dean Foods also did not admit any wrongdoing.
SAN FRANCISCO, July 14- Charles River Ventures, the venture firm known for backing Twitter from its earliest days, said it has raised $393 million for its latest fund. The new fund is Charles River's first raised with the bulk of its investing team based in California's Menlo Park rather than Boston, where the firm was founded, partner Jon Auerbach said in a blog post.