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Top News & Analysis Massachusetts

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  • Exa reports 2Q loss 10 Hours Ago

    BURLINGTON, Mass. _ Exa Corp. on Tuesday reported a loss of $1.2 million in its fiscal second quarter. On a per-share basis, the Burlington, Massachusetts- based company said it had a loss of 8 cents. For the current quarter ending in November, Exa said it expects revenue in the range of $16.4 million to $17.2 million.

  • PROVIDENCE, R.I.— The state has hired an economic forecasting firm to figure out how implementing Gov. Gina Raimondo's proposal to toll large commercial trucks in a variety of ways could affect the economy. The state finalized a contract with the Massachusetts- based Regional Economic Models Inc. on Monday for $50,000.

  • Customers in Chicago, Los Angeles and parts of New York can order other items from the convenience store chain, including chicken wings, cold medicine and paper towels. Stores in Washington D.C. and Boston will offer delivery in the coming months, the companies said, and more cities are planned. McDonald's, Chipotle and Starbucks are working with delivery company...

  • NEW YORK— Comcast, which became a TV powerhouse by signing up Generation Xers, baby boomers and their parents, now is fighting for millennial eyeballs. The TV giant is investing in online media outlets like BuzzFeed and Vox that attract young viewers. It's setting up a streaming TV service for millennials who don't watch a boob tube.

  • NEW YORK, Sept 1- By all accounts, Iceland is one of the most magical places on Earth: A landscape of soaring glaciers, lava fields, steaming hot springs and black-sand beaches. And Mina Black could not focus on any of it. Even when it makes no logical sense- Mina Black fully deserved her vacation time- we are still haunted by the idea that we should be doing something else.

  • The 72nd Venice Film Festival opens Wednesday, followed later in September by movie extravaganzas in Toronto, Telluride and New York. Venice, the oldest and stateliest of the bunch, brings 11 days of red carpets, flashbulbs, parties and premieres to the canal-crossed Italian city. This year's festival opens with Baltasar Kormakur's thriller "Everest," which...

  • BOSTON— The newest classroom at Harvard's business school has no desks or chairs. Here, Harvard sought to create a live, online replica of its campus classrooms. At a recent test of the technology, alumni connected to the room from Thailand, New Zealand and the Philippines.

  • WASHINGTON— Aides to Hillary Rodham Clinton at the State Department complained about the limitations of using email to discuss sensitive diplomatic information, according to the latest batch of emails released by the agency from Clinton's tenure as secretary of state. The email appears to focus on civil unrest in Iran during the period preceding the Green...

  • Boston mayor, city councilors seek hefty pay raises Monday, 31 Aug 2015 | 2:22 PM ET

    BOSTON— Boston's mayor and City Council are again looking for pay raises that could make them among the best compensated of comparable cities across the country. Mayor Marty Walsh filed a proposal Monday giving his office a $24,000 raise to $199,000 a year. Not to be outdone, City Council President Bill Linehan proposed to boost pay on the 13- member panel by...

  • BOSTON/ NEW YORK, Aug 31- U.S. fund managers want less involvement from officials in China in the country's volatile stock markets, even if it means their portfolios take hits in the short run. The head of hedge fund manager Man Group Plc's China business has been taken into custody to help authorities in a probe into recent market volatility, Bloomberg reported on...

  • Clinton, in an op-ed published by the Huffington Post, was critical of the "so-called revolving door" between government and Wall Street firms in particular, saying it erodes public trust "if a public servant's past and future are tied to the financial industry." "That's when people start worrying that the foxes are guarding the hen house," Clinton, the front-runner...

  • The deal gives Bristol-Myers access to Promedior Inc's lead experimental drug, PRM-151, which is being tested to treat two types of fibrosis. The only drug approved by the U.S. Food and Drug Administration to treat myelofibrosis is Incyte Corp's Jakafi, which raked in about $258 million in sales for the six months ended June 30. Lexington, Massachusetts- based...

  • NEW YORK— The Titanic's last lunch menu— saved by a passenger who climbed aboard the so-called "Money Boat" before the ocean liner went down— is going to auction, where it's estimated it will bring $50,000 to $70,000. The online New York auctioneer Lion Heart Autographs is offering the menu and two other previously unknown artifacts from Lifeboat 1 on Sept. 30.

  • On Thursday the National Labor Relations Board ruled the owner of a California recycling plant was a "joint employer" with the contractor that hired workers at the plant, essentially forcing both to bargain with the union together or risk violating U.S. labor law. Unions see the decision as a breakthrough not just in efforts to help employees organizes at...

  • On Thursday the National Labor Relations Board ruled the owner of a California recycling plant was a "joint employer" with the contractor that hired workers at the plant, essentially forcing both to bargain with the union together. Unions see the decision as a breakthrough not just in efforts to help employees organizes at franchisees of McDonald's Corp and...

  • NEW YORK, Aug 28- After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings. Car sales, construction spending, the Federal Reserve's "beige book" and jobs...

  • TORONTO, Aug 28- The chief executive of infidelity website Ashley Madison's parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault. Avid Life said on Friday the departure of Noel Biderman was by "mutual agreement" and its existing senior management team would take over until a new...

  • TORONTO, Aug 28- Noel Biderman, the chief executive of infidelity website Ashley Madison's parent company Avid Life, has left the company, weeks after hackers launched a cyber assault that leaked sensitive data about millions of clients. The Canadian company was rocked by the release of Ashley Madison customer data on Aug. 18 by hackers who claimed to be unhappy...

  • Wynn earns key state approval for Boston-area casino Friday, 28 Aug 2015 | 10:59 AM ET

    BOSTON— Wynn Resorts won a key state approval for its Boston- area casino late Friday, bringing the $1.7 billion project billed as the state's largest single private development another step closer to finally breaking ground. The finding, he said, sets in motion more detailed permitting, review and approval processes at the local, state and federal levels for the...

  • PROVIDENCE, R.I.— The state agency that owns the waterfront land where the Pawtucket Red Sox want to build a stadium racked up nearly $150,000 by mid-July in legal and consulting fees to review the proposal, according to documents obtained by The Associated Press through a records request. As of July 15, the I-195 Redevelopment District Commission had been...