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Massachusetts

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  • BOSTON, May 19- The now-defunct Massachusetts pharmacy behind a deadly 2012 meningitis outbreak that killed at least 64 people will pay out $200 million to its victims and creditors under a bankruptcy reorganization plan approved on Tuesday. The bankruptcy reorganization plan was approved by U.S. Bankruptcy Court Judge Henry Boroff. Deaths of patients...

  • It was the third time in as many years that U.S. authorities have made accusations of economic espionage conducted on behalf of China, a sign that the United States is increasingly focused on what it has termed a top national security concern. One of the suspects, Professor Hao Zhang, 36, was arrested on Saturday in Los Angeles after he arrived on a flight from China,...

  • Six Flags theme parks in New England and Southern California have transformed classic wooden coasters at each park by adding steel track that allows them to twist and flip upside down like never before. Cedar Point amusement park along Lake Erie in Ohio freshened up its 20- year-old stand-up, steel coaster by switching to floorless-style trains.

  • Federal prosecutors say Hao Zhang, Wei Pang and Huisui Zhang met at the university and conspired to steal technology from Skyworks Solutions Inc. and Avago Technologies soon after graduating in 2006. Both companies are publicly traded chip suppliers for Apple's iPhones and manufacture other communications-related products. A 32- page indictment...

  • DETROIT, May 19- The compensation of JPMorgan Chase& Co CEO Jamie Dimon and other top bank executives for last year won support from only 61 percent of shareholder votes cast at the company's annual meeting on Tuesday, according to a preliminary tally. Lead independent director Lee Raymond said at the meeting that the board's method of setting pay properly...

  • CEDAR FALLS, Iowa— Hillary Rodham Clinton sharply criticized Republican efforts to revamp a 2010 financial regulation law as "cynical attempt to game the system for those at the top." But she continued to avoid taking a position on an Asia-Pacific trade pact that has divided fellow Democrats. Financial disclosures released by the campaign last week showed that...

  • The three professors from Tianjin University were charged with stealing source code and other proprietary information from Avago Technologies Ltd. and Skyworks Solutions Inc. Prosecutors identified the other five are Wei Pang, 35, a former Avago employee and a professor; Jinping Chen, 41, a professor and a member of the board of directors for ROFS...

  • TJX tops Street 1Q forecasts Tuesday, 19 May 2015 | 8:45 AM ET

    FRAMINGHAM, Mass.— The TJX Cos. on Tuesday reported fiscal first-quarter net income of $474.6 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share. Twelve analysts surveyed by Zacks expected $6.81 billion.

  • May 19- Recording Amanda Bortzfield's wedding last summer at the Breakers resort in Palm Beach, Florida, was no simple- or cheap- task. Still photography and video added up to more than $23,000, not far off the average total cost for a wedding in the United States. Her photography package included a two-and-a-half hour feature film and an elaborate collection of...

  • May 19- Home Depot Inc, the world's largest home improvement chain by sales, reported better-than-expected quarterly profit and sales as customers in North America spent more on home repairs after a harsh winter. Several northeastern parts of the United States experienced heavy snowfall this winter, with cities including New York, Chicago and Boston hit with...

  • As a part-time customer service representative at a Wal-Mart in Sacramento, California, Henderson is one of an estimated 40 million American workers for who calling in sick is a luxury. "I'm super afraid of getting sick," said Henderson, 29, who slathers on hand sanitizer at work in hopes of fending off illness. And since San Francisco started requiring that in...

  • WASHINGTON— The Senate rejected a liberal-led move Monday to increase aid for workers who lose their jobs to imports, pushing for passage by week's end of major trade legislation sought by President Barack Obama. In remarks on the Senate floor, Majority Leader Mitch McConnell said the trade legislation and two other bills— one to renew the Patriot Act, the other...

  • NEW YORK— Whirlpool will buy the coin-operated laundry equipment maker American Dryer Corp. for an undisclosed sum, the company said Monday. American Dryer is based in Fall River, Massachusetts, and it has about 230 employees. Whirlpool Corp. expects to complete the acquisition in early July.

  • May 18- Shares of Eleven Biotherapeutics Inc slumped more than 75 percent on Monday after the company said it would not develop its lead drug to treat dry eye disease following a failed late-stage study. The eye drug developer's stock opened at $10.35 in its market debut in February 2014. About 19 million people in the United States suffer from dry eye disease,...

  • The state drug lab scandal erupted when chemist Annie Dookhan admitted tampering with evidence at the William A. Hinton State Laboratory Institute in Boston, forcing the lab to close in 2012. Dookhan was sentenced in 2013 to at least three years in prison. Matt Segal, legal director for the American Civil Liberties Union of Massachusetts, who argued the case...

  • Eleven Bio shares fall on failed study of eye drug Monday, 18 May 2015 | 9:22 AM ET

    NEW YORK— Shares of Eleven Biotherapeutics Inc. plunged Monday after the clinical-stage biopharmaceutical company said its key drug candidate failed to meet its goals in a late-stage study. The stock fell $8.63, or 72 percent, to $3.33 in premarket trading. Eleven Biotherapeutics said it currently has about $59 million in cash and cash equivalents, which it...

  • LOS ANGELES, May 18- Nearly six million people with disabilities may benefit from new tax-free savings plans approved by Congress last year, but the accounts may not be as helpful or available as quickly as originally promised. After a decade of lobbying by disability advocates, Congress passed The Achieving a Better Life Experience Act in the final hour before...

  • Federal investigators say they aren't sure anything struck the windshield of an Amtrak train involved in last week's deadly derailment in Philadelphia. Federal investigators say they're months away from determining the probable cause of a deadly Amtrak train derailment last week in Philadelphia. Amtrak resumed service Monday between Philadelphia and...

  • PHILADELPHIA— Amtrak trains began rolling on the busy Northeast Corridor early Monday, the first time in almost a week following a deadly crash in Philadelphia, and officials vowed to have safer trains and tracks while investigators worked to determine the cause of the derailment. The first northbound train, scheduled to leave Philadelphia at 5:53 a.m., was...

  • She's drawn over 44,000 followers with her playful updates and witty replies as the real life shark cruises up and down the East Coast. "I would settle for an ice bag to put on my aching Twitter fin.-:" Mary Lee replied. But OCEARCH expedition leader Chris Fischer, who named Mary Lee after his mother, says the organization appreciates the attention the maritime...