Top News & Analysis Massachusetts

  • 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...

  • WASHINGTON— Lawmakers are tacking on money for security around Trump Tower in New York and funds for health care for retired coal miners to a stopgap spending bill that would avoid a government shutdown at week's end. The temporary budget bill, scheduled to be unveiled Tuesday, would keep federal agencies functioning into next spring, giving the new Congress...

  • 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...

  • The Army issued the decision to not approve the easement at this time. The company building the $3.8 billion Dakota Access oil pipeline is slamming the Obama administration after the U.S. Army's decision not to grant an easement for the project. The company building the $3.8 billion Dakota Access oil pipeline is slamming the Obama administration after the U.S....

  • MONTPELIER, Vt.— A power line planned to run under Lake Champlain and link suppliers in Canada with consumers in southern New England has won a key federal permit, clearing its last big regulatory hurdle. "This interconnection is a vital link that will unleash low-carbon, cost-effective electricity from Canada for the benefit of New England, replacing...

  • NEW YORK— In bid to fight art fraud, Sotheby's announced Monday that it had purchased a forensics firm whose founder once helped the auction house belatedly identify a $10 million painting as a fake. Sotheby's said that Orion Analytical, based in Williamstown, Massachusetts, will be folded into the company and its founder, the artist, conservator and forensic...

  • BOSTON— Uncertainty over the direction of the incoming Donald Trump administration was one of the factors cited by experts Monday in urging renewed fiscal discipline by Massachusetts budget writers. The Massachusetts Taxpayers Foundation "advises extreme caution over the next 18 months and urges lawmakers to exercise great restraint in building the...

  • NEW YORK— Amazon is testing a grocery store model in Seattle that works without checkout lines. It has opened three bookstores in California, Oregon and Washington with traditional check outs. Cowen& Co. analyst John Blackledge says the new grocery store is just one way that Amazon has been setting its sights on the food and beverage category, a lucrative $795...

  • President-elect Donald Trump said on Monday he would nominate retired neurosurgeon Ben Carson, a presidential rival-turned-supporter to serve as Department of Housing and Urban Development secretary. *Jon Huntsman, former Republican Utah governor and ambassador to China under President Barack Obama, ran for 2012 Republican presidential nomination in...

  • *Foreign investors bought 1.2 trln yen of Japan stocks in 3 weeks. "The biggest beneficiary of this election is the Japanese market," said Jonathan Steinberg, chief executive officer of U.S. asset manager WisdomTree, which manages $38 billion, of which $8 billion is invested in Japan. "The world outside of Japan is understanding that they need to buy Japan, with the...

  • CANNON BALL, N.D.— In a story Dec. 4 about an easement for the Dakota Access oil pipeline, The Associated Press reported erroneously that the U.S. Army Corps of Engineers said it would not grant the easement. The U.S. Army says it won't grant an easement for the Dakota Access oil pipeline under a Missouri River reservoir in North Dakota. CANNON BALL, N.D.— The U.S. Army said...

  • *Foreign investors bought 1.2 trln yen of Japan stocks in 3 weeks. "The biggest beneficiary of this election is the Japanese market," said Jonathan Steinberg, chief executive officer of U.S. asset manager WisdomTree, which manages $38 billion, of which $8 billion is invested in Japan. "The world outside of Japan is understanding that they need to buy Japan, with the...

  • Topping the list was Jack Varsalona, president of the 15,000- student Wilmington University, in Delaware, whose salary and benefits totaled $5.4 million. He was followed by Chancellor Mark Wrighton, of Washington University in St. Louis, who was paid $4.2 million, and President R. Gerald Turner, of Southern Methodist University in Texas, who was paid $3.3 million.

  • The company building the $3.8 billion Dakota Access oil pipeline is slamming the Obama administration after the U.S. Army Corps of Engineers' decision not to grant an easement for the project. The Army Corps announced Sunday that it will not allow the four-state, $3.8 billion pipeline to be built under Lake Oahe in North Dakota— a Missouri River reservoir where...

  • CANNON BALL, N.D.— The U.S. Army Corps of Engineers said Sunday that it won't grant an easement for the Dakota Access oil pipeline in southern North Dakota, handing a victory to the Standing Rock Sioux tribe and its supporters, who argued the project would threaten the tribe's water source and cultural sites. The four-state, $3.8 billion project is largely complete...