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Massachusetts

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  • Prepaid debit cards: a weak link in bank security Friday, 10 May 2013 | 7:35 PM ET

    May 10- A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards.

  • RICHMOND, Va., May 10- Boston Marathon bombing suspect Tamerlan Tsarnaev has been buried in a Muslim cemetery in Virginia, after authorities spent a week searching for a final resting place for the ethnic Chechen's remains.

  • Boston Marathon bomb suspect buried in Virginia Friday, 10 May 2013 | 1:16 PM ET

    RICHMOND, Va., May 10- Boston Marathon bombing suspect Tamerlan Tsarnaev has been buried in a Muslim cemetery in Virginia, the head of an Islamic center said on Friday.

  • WASHINGTON, May 10- The U.S. Securities and Exchange Commission's top trial lawyer, who is slated to try one of the agency's highest-profile cases stemming from the financial crisis, is testing the waters for prospective employment at leading law firms, three people familiar with the matter said.

  • In 2004, the average adjusted income in these sparsely populated rural communities was just under $41,000- putting them behind the rest of the state and well behind Texas and California. By 2009, however, averaged adjusted income in the four-county area had leapt to $66,000, far ahead of the rest of North Dakota, Texas and California.

  • 'American Idol' down to final 2 singers Friday, 10 May 2013 | 9:56 AM ET

    LOS ANGELES-- "American Idol" finalist Angie Miller won't be tickling the ivories on this season's final showdown.

  • NEW YORK, May 10- As a successful Wall Street investment banker, Kathryn Swintek is skilled in the art of doing deals.

  • UPDATE 5-Huge cyber bank theft spans 27 countries Thursday, 9 May 2013 | 7:22 PM ET

    NEW YORK/ BOSTON, May 9- In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries, U.S. prosecutors said on Thursday.

  • WASHINGTON, May 9- U.S. senators appeared close to finalizing a bill that would require pharmacies that compound and sell sterile drugs across state lines to submit to greater federal regulation.

  • *House, Senate panels plan to draft farm bill next week. WASHINGTON, May 9- Lawmakers are preparing for a second run at writing the new U.S. farm law that ended in a stalemate in 2012, and the biggest obstacle is not likely to be soil conservation or crop subsidies, but the billions spent mostly in cities and towns.

  • NEW YORK, May 9- The dollar catapulted to its highest level against the yen in over four years on Thursday as an upbeat U.S. jobless claims report suggested a stabilizing labor market in the world's largest economy.

  • WASHINGTON, May 9- Republican lawmakers on Thursday boycotted a confirmation vote on President Barack Obama's pick to lead the Environmental Protection Agency, saying they were "completely unsatisfied" with answers provided by Gina McCarthy on several topics.

  • Alere turns 1Q profit, faces shareholder challenge Thursday, 9 May 2013 | 10:27 AM ET

    WALTHAM, Mass.-- Alere Inc. turned a first-quarter profit as acquisitions helped revenue, and the medical diagnostics company recorded a larger benefit for income taxes compared to the previous year's quarter.

  • TJX April key revenue figure tops Street's view Thursday, 9 May 2013 | 10:14 AM ET

    FRAMINGHAM, Mass.-- TJX Cos., parent company of TJ Maxx and Marshalls stores, said Thursday that revenue at stores open at least a year climbed 8 percent in April on strong customer traffic. TJX narrowed its first-quarter earnings guidance to a range of 61 cents to 62 cents per share.

  • Study: Fish oil doesn't help prevent heart attacks Thursday, 9 May 2013 | 9:33 AM ET

    Eating fish is good for your heart but taking fish oil capsules does not help people at high risk of heart problems who are already taking medicines to prevent them, a large study in Italy found. Donna Arnett of the University of Alabama at Birmingham. It tested 1 gram a day of fish oil versus dummy capsules in 12,513 people throughout Italy.

  • WASHINGTON, May 9- Republican senators boycotted a confirmation vote on President Barack Obama's pick to lead the U.S. Environmental Protection Agency on Thursday, saying they were "completely unsatisfied" with answers provided by Gina McCarthy on several topics.

  • NEW YORK, May 9- The dollar rallied across the board on Thursday, bolstered by an upbeat U.S. jobless claims report that suggested a stabilizing labor market in the world's largest economy.

  • A New York- based group hacked into credit card processors' computers to steal Mastercard Inc debit card data, which they used to make approximately 36,000 transactions over a total of 10 hours in 24 countries, the Justice Department said.

  • TORONTO, May 8- Tim Hortons Inc named a long-time Nestle executive as its new chief on Wednesday, a job that will be no easy task given drooping demand at the Canadian coffee and doughnut chain and a push by a U.S. hedge fund for better returns.

  • *Whole Foods raises outlook, stock up 10 percent. *Level 3, TW Telecom rise after comments at Sohn event. Among the S&P 500' s biggest percentage gainers was Whole Foods Market Inc, whose shares jumped 10.1 percent to $102.19 a day after it reported a rebound in same-store sales and raised its full-year profit view.