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Top News & Analysis Massachusetts

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  • 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.

  • 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...

  • Eversource beats 2Q profit forecasts Thursday, 30 Jul 2015 | 4:37 PM ET

    SPRINGFIELD, Mass. _ Eversource Energy on Thursday reported second-quarter net income of $207.5 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • PerkinElmer beats Street 2Q forecasts Thursday, 30 Jul 2015 | 4:36 PM ET

    WALTHAM, Mass. _ PerkinElmer Inc. on Thursday reported second-quarter net income of $49 million. PerkinElmer expects full-year earnings in the range of $2.55 to $2.60 per share. PerkinElmer shares have climbed 18 percent since the beginning of the year, while the Standard& Poor's 500 index has risen slightly more than 2 percent.

  • BOSTON/ DETROIT, July 30- A researcher is advising drivers to halt the use of a mobile app for General Motors Co's OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to remotely unlock cars and start engines. "White-hat" hacker Samy Kamkar posted a video on Thursday saying he had figured out a way to "locate, unlock and...

  • Prosecutors ask justices to review insider trading case Thursday, 30 Jul 2015 | 12:15 PM ET

    WASHINGTON— The Obama administration asked the Supreme Court Thursday to reinstate securities fraud convictions against two hedge fund portfolio managers, saying a federal appeals court ruling in the financiers' favor makes it harder to prosecute insider trading. The justices should reverse the December ruling by the 2nd U.S. Circuit Court of Appeals in...

  • WASHINGTON, July 30- The final version of the U.S. Environmental Protection Agency's Clean Power Plan, a major air pollution regulation aimed at curbing carbon emissions from power plants, is scheduled for release on Monday. However, in December 2011, the court did block an EPA air regulation to limit pollution crossing state lines. David Doniger, a lawyer with the...

  • Maine House speaker sues governor over loss of school job Thursday, 30 Jul 2015 | 10:06 AM ET

    PORTLAND, Maine— Democratic House Speaker Mark Eves on Thursday filed a civil rights lawsuit against Republican Gov. Paul LePage for threatening to withhold funds from a school for at-risk youth to get Eves removed from a job, saying it was time for someone to stand up to governor's abuse of power. Motivated by "personal rage, vindictiveness and partisan malice,"...

  • CRA posts 2Q profit Thursday, 30 Jul 2015 | 9:57 AM ET

    BOSTON _ CRA International Inc. on Thursday reported second-quarter net income of $3.3 million. The Boston- based company said it had net income of 36 cents per share. Keywords: CRA International, Earnings Report.