Top News & Analysis Massachusetts

  • NEW YORK, Dec 8- Bond yields rose and the euro dipped on Thursday after the European Central Bank said it would slow its stimulus program from April, while Wall Street extended the previous session's gains. However, initial market reaction was tempered after ECB President Mario Draghi said it was not an outright winding-down of quantitative easing, as...

  • CAMBRIDGE, Mass.— Harvard University says it has achieved a 2008 goal to reduce campus greenhouse gas emissions by 30 percent. Harvard's goal was to reduce its emissions by 30 percent from 2006 levels, and the school says it has reduced levels by 40 percent. Almost all of Harvard's emissions stem from heating and cooling systems.

  • Dec 8- A month-long rally on Wall Street, sparked by Donald Trump's election as U.S. president, extended on Thursday, driving major Wall Street indexes to record highs. The small cap Russell 2000 and the Dow Transport indexes also hit record highs. "The market is projecting a lot more confidence in future growth, and I don't expect any big pullback to derail the rally...

  • Dec 8- A month-long rally on Wall Street, sparked by Donald Trump's election as U.S. president, roared ahead on Thursday, driving major Wall Street indexes to record highs. "The market is projecting a lot more confidence in future growth, and I don't expect any big pullback to derail the rally until the end of the year," said Chris Story, senior trader at Manulife Asset...

  • MINEOLA, N.Y.— Commercial fishing companies, trade groups and three fishing-based municipalities are seeking to delay the lease sale of an Atlantic Ocean site between New York and New Jersey that federal officials envision as the home of a massive offshore wind energy project. The Associated Press obtained a copy of a 45- page motion ahead of its filing...

  • DETROIT— Hyundai is recalling more than 41,000 older minivans because the hoods can fly open while they're being driven. Hyundai says a secondary hood latch can rust and remain in the unlatched position. The cold-weather states include Alaska, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota,...

  • WALTHAM, Mass. _ ModusLink Global Solutions Inc. on Wednesday reported a loss of $8.5 million in its fiscal first quarter. The Waltham, Massachusetts- based company said it had a loss of 16 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK, Dec 7- U.S. Treasury yields fell on Wednesday, with the 30- year yield on track for its biggest drop in more than three months, as disappointing overseas economic data reduced optimism about global growth ahead of a European Central Bank meeting. "The market does not have a lot of clarity on what the ECB would do tomorrow," said Jeffery Elswick, director of...

  • NEW YORK— Abbott is seeking to terminate its buyout of troubled medical diagnostics maker Alere as that company deals with the fallout of a key device recall and government investigations. Abbott Laboratories agreed to buy Alere Inc. in February for $56 per share, or $5.8 billion, in a move to expand its medical device offerings. Since then, Alere, based in Waltham,...

  • PETERSHAM, Mass.— In a towering forest of centuries-old eastern hemlocks, it's easy to miss one of the tree's nemeses. The bug is one in an expanding army of insects draining the life out of forests from New England to the West Coast. "They are one of the few things that can actually eliminate a forest tree species in pretty short order— within years," said Harvard...

  • NEW YORK— A woman has agreed to settle her lawsuit against JetBlue Airways after it mixed up her 5- year-old son with another boy and flew him to the wrong city, her lawyer said Tuesday. New York- based JetBlue Airways Corp. declined to comment. According to the court papers, JetBlue staffers at Logan escorted Andy to a woman he had never seen before and told him he was...

  • NEW YORK— Donald Trump's new luxury hotel in Washington D.C. has been attracting foreign envoys, special interest groups— and a bit of controversy. One of the latest groups to book the hotel is the Heritage Foundation, a conservative think tank whose big donors will gather there Tuesday night for a speech from Vice President-elect Mike Pence.

  • Charlie Baker ordered spending cuts Tuesday to close a nagging shortfall in the state's nearly $40 billion budget. The administration blames the budget shortfall on a combination of lower than expected revenues from taxes and fees, unforeseen spending obligations for Medicaid and other non-discretionary accounts, and the Legislature's decision this...

  • ACTON, Mass. _ SeaChange International Inc. on Tuesday reported a loss of $8.1 million in its fiscal third quarter. For the current quarter ending in January, SeaChange expects its per-share earnings to range from 5 cents to 10 cents. SeaChange expects full-year earnings in the range of 60 cents to 65 cents per share, with revenue ranging from $82 million to $84...

  • PEABODY, Mass. _ Analogic Corp. on Tuesday reported fiscal first-quarter earnings of $2.5 million. On a per-share basis, the Peabody, Massachusetts- based company said it had net income of 20 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • BOSTON, Dec 6- Massachusetts, already a large investor in some of the world's biggest hedge funds, wants to hire an adviser to help find smaller managers that could improve the $63.2 billion state pension fund's risk and return profile. The Pension Reserves Investment Management Board on Tuesday voted to issue a request for proposals for advisers to assist in...

  • NEW YORK— Vice President-elect Mike Pence will deliver a speech on Tuesday night to a conservative group at Donald Trump's new Washington D.C. hotel, raising anew conflict of interest questions surrounding the venue. The Heritage Foundation said Pence will talk about areas of focus for the Trump administration in the first 200 days. The Heritage Foundation...

  • HARTFORD, Conn.— While last year's lower fuel prices helped to reduce the gap between what struggling Connecticut families can afford to pay for energy and what they actually paid, there are concerns fuel prices may be higher this winter as more people need emergency assistance. This year's report shows the total gap between what low-income Connecticut...

  • It will pit one group of researchers associated with the Broad Institute, affiliated with the Massachusetts Institute of Technology and Harvard University, against another group linked to the University of California at Berkeley and the University of Vienna in Austria. The latter team, led by Berkeley's Jennifer Doudna and Vienna's Emmanuelle...

  • It will pit one group of researchers associated with the Broad Institute, affiliated with the Massachusetts Institute of Technology and Harvard University, against another group linked to the University of California at Berkeley and the University of Vienna in Austria. The latter team, led by Berkeley's Jennifer Doudna and Vienna's Emmanuelle...