A Massachusetts mayor wants to save Berkshire's old HQ, but Warren Buffett isn't interested.» Read More
Deval Patrick has filed a lawsuit aimed at blocking the Martha's Vineyard- based Aquinnah Wampanoag tribe from opening a small casino on the island. Patrick on Monday filed a lawsuit with the state Supreme Judicial Court arguing that the Aquinnah ceded gambling rights in a 1983 settlement that secured tribal lands on the island.
The CVS Caremark Corp. unit allegedly denied Medicaid claims for reimbursement of prescription drug costs. Five states _ Arkansas, California, Delaware, Louisiana and Massachusetts _ will share $1.94 million.
NEW YORK, Dec 2- U.S. Stronger-than-expected manufacturing in the United States and abroad spurred selling in U.S. government debt as some traders reconsidered how soon the U.S. central bank might dial back its bond purchases, currently at $85 billion a month, if the economy grows further, albeit at a sub-par pace.
*Blackstone not selling shares; to retain 76.2 pct stake. Dec 2- Hilton Worldwide Inc said its initial public offering would raise up to $2.37 billion in the biggest-ever hotel IPO, more than doubling Blackstone Group's investment. Blackstone has invested about $6.8 billion in Hilton and its 76.2 percent stake after the IPO will be worth up to $15.7 billion.
CAMBRIDGE, Mass.-- Biogen Idec said Monday the Food and Drug Administration extended its review of Alprolix, a drug designed to treat hemophilia B. Biogen Idec said the FDA extended its review by three months. Biogen Idec Inc. shares closed at $290.97 on Friday, and they rose 13 cents to $291.10 in premarket trading.
CAMBRIDGE, Mass.-- Akamai Technologies Inc. is buying cloud-based security services provider Prolexic Technologies Inc. for about $370 million. Cambridge, Mass.- based Akamai helps websites deliver video and other content such as software downloads to users.
Geostellar, a startup backed by power producer NRG Energy Inc, is seeking to become the Expedia or Orbitz of the solar industry-- a one-stop shop where consumers can not only compare the benefits of leasing solar panels versus buying them outright, but ultimately sign up to install a system.
NEW YORK, Nov 29- A week packed with data awaits investors eager for fresh clues on when the Federal Reserve will start to trim its stimulus program, as traditionally bullish December kicks off with the S&P 500 poised to mark its best year since 1998..
NEW ORLEANS-- Louisiana's Department of Insurance has joined a lawsuit filed by Mississippi against the federal government to try to block rates from increasing Oct. 1 in the National Flood Insurance Program. Commissioner Jim Donelon said Wednesday that the department had filed an "amicus curiae, or friend of the court" brief in Mississippi's lawsuit.
NEW YORK, Nov 28- Americans gathered on Thursday to celebrate Thanksgiving, stuffing turkeys for family feasts, braving high winds and the bitter cold along parade routes and starting their holiday shopping one day earlier this year.
Nov 27- President Barack Obama signed a bill into law on Wednesday that gives U.S. health regulators greater oversight of bulk pharmaceutical compounding and strengthens their ability to track drugs through the distribution pipeline.
Nov 27- A wintry blast of heavy rain, wind and snow across the eastern United States disrupted Thanksgiving travel plans on Wednesday for some of the millions of Americans hitting the roads and taking to the skies on the busiest holiday travel day of the year.
The use of eminent domain to halt foreclosures is still only a threat, and rather than helping the housing market, it may cause damage.
WASHINGTON, Nov 26- Permits for future U.S. home construction hit a near 5-1/ 2 year-high in October and prices for single-family homes notched big gains in September, suggesting a run-up in mortgage interest rates has not derailed the housing recovery.
YAVNE, Israel, Nov 26- German healthcare group Merck KGaA is looking for acquisitions and collaborations with start-ups to grow its drugs business in the United States, a senior Merck official said.
NEW YORK, Nov 25- Debate over when the Federal Reserve could trim its bond purchases monopolized market talk this year, but as a new Fed chief takes charge, more participants believe the key theme to emphasize for 2014 is low rates for longer.
Although Jos. A. Bank Clothiers Inc walked away from a deal earlier this month after Men's Wearhouse board rebuffed its $48- a-share offer, and prevented it from conducting due diligence, the suitor's language that it still felt a deal was in the best interest of shareholders for both companies has resonated with investors.
Nov 25- Cubist Pharmaceuticals Inc said its experimental treatment for a type of urinary tract infection showed it was as effective as an approved antibiotic, sending its shares up 8 percent to a 13- year high.
WASHINGTON, Nov 25- Democratic Commissioner Cheryl LaFleur has been named acting chairwoman of the U.S. Federal Energy Regulatory Commission, the agency said on Monday. In recent years it has instigated high-profile investigations against major banks, including JP Morgan Chase& Co and Barclays PLC for energy market manipulation and false reporting.
Nov 25- When Aimee Brittain's team hits the stores in a commando-like fashion on Thanksgiving night in search of Black Friday deals, they'll stand out from the crowd in their matching bright blue shirts.