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Top News & Analysis Massachusetts

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  • —In 2014, 1.6 percent of the electricity purchased in the U.S. came from Canada, and 60 percent of that went to New England and New York, according to the U.S. Energy Information Administration. Canadian imports made up 12 to 16 percent of retail electricity sales in New England and New York. —In 2014, Hydro- Quebec, the biggest Canadian player in New England, exported...

  • CONCORD, N.H.— Plenty of raw electricity sloshes around in Quebec's rivers and reservoirs, promising relief for U.S. northeasterners, who pay the nation's highest power costs. But getting those electrons to smartphones and air conditioners in Boston, Hartford and New York City is another matter entirely. The six New England governors say reining in the costs is a...

  • NEW YORK— Verizon and unions representing workers in nine states said employees will work without a contract as more negotiations are scheduled. Marc Reed, Verizon's chief administrative officer, said the company is "disappointed" it was unable to reach an agreement with the unions despite "six weeks of good faith bargaining and a very strong effort by the...

  • The Canadian researchers who created hitchBOT as a social experiment told The Associated Press that someone in Philadelphia damaged the robot beyond repair early Saturday, ending its first American tour after about two weeks. The kid-size robot set out to travel cross-country after successfully hitchhiking across Canada in 26 days last year and parts of...

  • WASHINGTON, Aug 1- Vice President Joe Biden, inspired in part by his late son, has been holding meetings at his Washington home to discuss challenging Hillary Clinton for the Democratic presidential nomination, the New York Times reported on Saturday. Times columnist Maureen Dowd also said Biden, 72, has been "having meetings at his Washington residence to...

  • PHILADELPHIA— The manufacturer of the jet that crashed on takeoff in Massachusetts last year, killing the co-owner of The Philadelphia Inquirer and six other people, has reported a problem with a fail-safe system that can allow the planes to reach high speeds on the runway even if they are prevented from taking off. Gulfstream Aerospace Corp. said in a document...

  • Vice President Joe Biden (D-DE) (R) with his son Beau Biden in 2008.

    Vice President Joe Biden has begun to actively explore a presidential campaign, say several people who have spoken to Mr. Biden or his advisers.

  • Verizon strike possible as contract deadline looms Friday, 31 Jul 2015 | 5:56 PM ET

    WASHINGTON— Verizon workers in nine states could walk off the job as soon as early Sunday if union negotiators don't reach an agreement over benefits with the wireless carrier. Last week the Communication Workers of America announced that 86 percent of Verizon workers covered by the contract voted to strike in a recent poll, if a new agreement isn't reached.

  • BOSTON, July 31- The U.S. Food and Drug Administration on Friday advised hospitals not to use Hospira Inc's Symbiq infusion system, saying a security vulnerability could allow cyber attackers to take remote control of the system. Both the FDA and DHS said they know of no cases where such an attack has been launched, but the FDA said in its advisory that it strongly...

  • WASHINGTON, July 31- The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on Friday. Mark Rosekind, who heads the National Highway Traffic Safety Administration, said his watchdog agency is trying to...

  • DETAILS: Quartet Magnetic and Dry Erase Boards sold between January 2005 and December 2013. The boards were sold in eight sizes, including 5 ½ x 14, 8 ½ x 11, 11 ½ x 11 ½, 11 x 17, 12 x 12, 14 x14, 17 x 17 and 17 x 23. They were sold at Ace Hardware, Fred Meyer, Menards, Office Depot and other stores nationwide. FOR MORE: Call ACCO Brands at 800-611-6654 from 8 a.m. to 5 p.m. CT...

  • The Consumer Financial Protection Bureau was born out of the Dodd-Frank financial overhaul law that passed in 2010 and started a year later. Richard Cordray was not the White House's first choice to lead the agency. Elizabeth Warren, now a senator from Massachusetts, was put forth for the job but her nomination was blocked.

  • AUBURN, Mass.— State police say a Massachusetts Turnpike toll collector has been struck and killed by a vehicle at the Auburn toll plaza. The 61- year-old worker from Holden was struck just after midnight Friday by a 31- year-old Charlton man driving a pickup truck. The toll taker was taken to UMass Medical Center in Worcester where he was pronounced dead.

  • ImmunoGen reports 4Q loss Friday, 31 Jul 2015 | 6:46 AM ET

    WALTHAM, Mass. _ ImmunoGen Inc. on Friday reported a loss of $30.5 million in its fiscal fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share. Five analysts surveyed by Zacks expected $16.5 million.

  • Boston Beer posts 2Q profit Thursday, 30 Jul 2015 | 7:51 PM ET

    BOSTON _ Boston Beer Co. on Thursday reported second-quarter profit of $29.9 million. Boston Beer expects full-year earnings in the range of $7.10 to $7.50 per share. Boston Beer shares have dropped 23 percent since the beginning of the year.

  • Lawsuit accuses CVS of overcharging for generic drugs Thursday, 30 Jul 2015 | 7:41 PM ET

    SAN FRANCISCO— CVS Health Corp. deliberately overcharged some pharmacy customers for generic drugs by submitting claims to their insurance companies at inflated prices, according to a lawsuit filed Thursday in federal court in San Francisco. "We've seen people who pay $20 for a 30- day supply as their copayments on a drug that was $11.99 for a 90- day supply had...

  • July 30- Scientific instruments maker PerkinElmer Inc posted a surprise rise in second-quarter revenue as it benefited from demand for its new products. Revenue from PerkinElmer's environmental health business, which sells environmental and food safety testing products, increased about 4 percent to $222.4 million in the quarter ended June 28.

  • Brightcove reports 2Q loss Thursday, 30 Jul 2015 | 6:57 PM ET

    BOSTON _ Brightcove Inc. on Thursday reported a loss of $3.6 million in its second quarter. For the current quarter ending in September, Brightcove expects its results to range from a loss of 3 cents per share to a loss of 1 cent per share. Brightcove expects full-year results to range from a loss of 9 cents per share to a loss of 6 cents per share, with revenue ranging...

  • BOSTON/ DETROIT, July 30- A researcher is advising drivers not to use a mobile app for General Motors Co's OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to unlock cars and start engines remotely. Kamkar released the video a week after Fiat Chrysler Automobiles recalled some 1.4 million vehicles after hacking...

  • July 30- Cybersecurity company FireEye Inc reported its slowest quarterly revenue growth since going public in 2013, and said Chief Financial Officer Michael Sheridan will step down. Sheridan, CFO since June 2011, will join a private technology company, FireEye said. FireEye, which has yet to post a profit since its IPO, uses cloud-based technologies to help...