Top News & Analysis Boston

  • Aug 14- Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the United States and China, regulatory filings showed Tuesday. Third Point added new positions in payment companies PayPal Holdings Inc and Visa Inc, both of which...

  • BOSTON, Aug 13- Elon Musk wants to take Tesla Inc private, but some of his big investors may not be able to follow. One pool that would likely not be Musk's allies in the effort are big passive vehicles like the Vanguard Total Stock Market Index Fund. The fund held about 2 percent of Tesla's shares at June 30.

  • *Euro struggles to hold above $1.14 after hitting 13- month low. NEW YORK, Aug 13- The fallout from the Turkish lira's plunge sent the euro to a new 13- month low and hammered emerging market currencies as investors worried about contagion scrambled for the safety of the yen and the Swiss franc. Turkey's lira clawed back some losses on Monday from a record low 7.24...

  • *Euro rebounds above $1.14 after hitting 13- month low. NEW YORK, Aug 13- The fallout from the Turkish lira's plunge sent the euro to a new 13- month low and hammered emerging market currencies as investors worried about contagion scrambled for the safety of the yen and the Swiss franc. Turkey's lira clawed back some losses on Monday from a record low 7.24 lira per...

  • BOSTON— A Boston newspaper is proposing a coordinated editorial response from publications across the U.S. to President Donald Trump's frequent attacks on the news media. "We are not the enemy of the people," said Marjorie Pritchard, a deputy managing editor of The Boston Globe, referring to a characterization of journalists that Trump has used in the past.

  • NEW YORK, Aug 9- New U.S. sanctions drove down Russia's ruble, while worries that Turkey was sliding into a full-blown economic crisis battered the lira on Thursday, while global equity markets largely shrugged off these events to edge higher. The Russian ruble slid 1 percent after Washington said it would impose fresh sanctions because it had determined that...

  • BOSTON _ Juniper Pharmaceuticals Inc. on Thursday reported a second-quarter loss of $1.5 million, after reporting a profit in the same period a year earlier. The Boston- based company said it had a loss of 14 cents per share. Juniper Pharmaceuticals shares have more than doubled since the beginning of the year.

  • BOSTON _ Pieris Pharmaceuticals Inc. on Thursday reported a loss of $203,000 in its second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share. Four analysts surveyed by Zacks expected $13.5 million.

  • Great Wall of China

    Chinese regulators objected to Airbnb's promotion offering sleepovers on the Great Wall of China.

  • BEIJING, Aug 9- U.S. short-term rental service Airbnb Inc has hit a wall with its newest marketing scheme in China, after regulators objected to a promotion offering sleepovers on the Great Wall of China. The San Francisco- based company last week asked users in China to compete for four slots to stay at a "Great Wall Wonder house", sleeping overnight in one of the...

  • BOSTON _ THL Credit Inc. on Wednesday reported second-quarter net income of $1.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share. THL Credit shares have decreased 13 percent since the beginning of the year.

  • BOSTON _ Ziopharm Oncology Inc. on Wednesday reported a loss of $12 million in its second quarter. The Boston- based company said it had a loss of 12 cents per share. The average estimate of five analysts surveyed by Zacks Investment Research was also for a loss of 12 cents per share.

  • Aug 8- U.S. regulators are asking Tesla Inc why Chief Executive Elon Musk announced his plan to take the electric carmaker private on Twitter and whether his statement was truthful, the Wall Street Journal reported on Wednesday. Musk announced his plan on his personal Twitter account on Tuesday, and the U.S. Securities and Exchange Commission has asked Tesla...

  • Aug 8- U.S. regulators are examining how Tesla Inc Chief Executive Elon Musk announced his plan to take the electric carmaker private and whether his statement was truthful, the Wall Street Journal reported on Wednesday. Musk announced his plan on Tuesday on Twitter, an unusual move that has drawn scrutiny from the U.S. Securities and Exchange Commission, the...

  • Aug 8- Tesla Inc's board said it was evaluating taking the company private, a day after Chief Executive Elon Musk surprised shareholders with the idea of launching the biggest leveraged buyout of all time. Musk said on Twitter on Tuesday that he was considering taking the loss-making electric carmaker private at $420 a share, which would value a deal at more than...

  • Aug 8- Tesla Inc's board said it was evaluating taking the company private, a day after Chief Executive Elon Musk surprised shareholders with the idea of launching the biggest leveraged buyout of all time. Musk said on Twitter on Tuesday that he was considering taking the loss-making electric carmaker private at $420 a share, which would value a deal at more than...

  • Aug 8- Insys Therapeutics said on Wednesday it had reached a deal to pay at least $150 million to resolve a U.S. Justice Department investigation into claims that the drugmaker paid doctors kickbacks to prescribe a powerful opioid medication. Insys announced the tentative deal shortly before a former district sales manager pleaded guilty in a federal court...

  • BOSTON— Personal home robots that can socialize with people are starting to roll out of the laboratory and into our living rooms and kitchens. But are humans ready to invite them into their lives? It's taken decades of research to build robots even a fraction as sophisticated as those featured in popular science fiction.

  • Aug 8- Insys Therapeutics said on Wednesday it had reached a deal to pay at least $150 million to resolve a U.S. Justice Department investigation into claims that the drugmaker paid doctors kickbacks to prescribe a powerful opioid medication. The tentative deal announced by the Arizona- based drugmaker marked a major step in Insys' efforts to resolve an...

  • CHICAGO— Children's advocates want the American Psychological Association to condemn the tech industry's practice of using persuasive psychological techniques to keep kids glued to their screens. The group seeking intervention includes 60 U.S. psychologists, researchers, children's advocates and the Children's Screen Time Action Network, a project of...