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Top News & Analysis Boston

  • A California judge on Friday threw out a $417 million verdict against Johnson & Johnson.

  • Oct 20- A California judge on Friday threw out a $417 million verdict against Johnson& Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson's Baby Powder for feminine hygiene. The ruling by Los Angeles Superior Court Judge Maren Nelson marked the latest setback facing women and family...

  • up to 50,000 high-paying jobs and $5 billion- plus worth of investment. --New Jersey is offering a potential $7 billion in local and state tax credits if the company picks Newark and meets hiring commitments.-- Chicago assembled a committee of political and business leaders to work on its pitch and on Friday released several potential sites including a massive, but...

  • Jurors will begin deliberating Monday in the case of a Massachusetts pharmacist charged with murder in a meningitis outbreak that killed 76 people. Pharmacist Glenn Chin is charged with second-degree murder under federal racketeering law and other crimes. A federal prosecutor says a Massachusetts pharmacist charged in a meningitis outbreak that killed...

  • A complaint seeking a temporary restraining order filed in Berkshire Superior Court alleges the board of trustees at the Berkshire Museum in Pittsfield contracted with Sotheby's for a public auction of the works before it announced its plans publicly, acted in breach of its fiduciary duties and trust and acted without legal authority to sell the art.

  • BRUSSELS, Oct 20- Uber said on Friday it would open up its trove of travel data in Paris to the public to help city officials and urban planners better understand transportation needs, as the company seeks to woo national authorities. The U.S. ride-hailing app collects huge amounts of data from the billions of trips taken by customers which it uses to improve its...

  • NEW YORK— General Electric's new CEO is starting to lay out bold plans to return the conglomerate to its industrial roots by slashing costs and streamlining its operations. John Flannery said Friday that the company will shed business units worth more than $20 billion over the next year or two. They ended regular trading up 25 cents at $23.83.

  • Glenn Chin, the supervisory pharmacist at the now-closed New England Compounding Center in Framingham, ignored warning signs that his production methods were unsafe and decided instead to gamble with patients' lives, Assistant U.S. "This was a crisis of epic proportions, and it was looming... and Glenn Chin just didn't care," Strachan said. He is charged in the deaths...

  • "There is no better place to do business than Canada," Prime Minister Justin Trudeau said in an Oct. 13 letter to Amazon's Chief Executive Jeff Bezos, seen by Reuters. New Jersey proposed $7 billion in potential credits against state and city taxes if Amazon locates in Newark and sticks to hiring commitments, according to a news release from the governor's office...

  • --Connecticut glossed over its deepening financial problems and Hartford's potential municipal bankruptcy to push the Stamford and Hartford areas as ideal sites. --The Canadian cities of Toronto, Edmonton and Ottawa, as well as Hamilton, Halifax, Montreal, Sault Ste. Marie, Vancouver, and Windsor submitted bids, according to Reuters' reporting and local media...

  • Oct 19- A public contest ending Thursday to bid over housing Amazon.com Inc's second headquarters has drawn pitches from governors and a prime minister, marketing campaigns and offers of tax credits worth at least as much as $7 billion. "There is no better place to do business than Canada," Prime Minister Justin Trudeau said in an Oct. 13 letter to Amazon's Chief...

  • BOSTON— A Brazilian man whose arrest resulted in the discovery of $20 million in cash hidden inside a box spring in Massachusetts has pleaded guilty to money laundering charges. The U.S. attorney's office for Massachusetts says Cleber Rene Rizerio Rocha pleaded guilty in Boston's federal courthouse Thursday. Prosecutors say Rocha was part of a scheme to...

  • BOSTON— Insurance rates for some individuals purchasing plans through the state's Health Connector could jump by as much as 26 percent for 2018 if insurers no longer receive the federal subsidies that President Donald Trump has blocked. Massachusetts health officials estimate the federal government would have paid $146 million in cost-sharing expenses...

  • BOSTON, Oct 19- A Brazilian whose arrest led U.S. authorities to discover $17 million hidden under a mattress pleaded guilty on Thursday to charges that he tried to launder funds tied to one of the largest pyramid schemes ever. Cleber Rene Rizerio Rocha, who prosecutors said tried to help get money out of the United States that a co-founder of TelexFree Inc left...

  • BOSTON— Mayors from Toledo to Tulsa are so eager to woo Amazon's much-vaunted second headquarters that they've been brandishing bourbon, selling the sun, whispering sweet nothings to the company and even pushing its buttons. The Associated Press talked to the leaders of more than 50 cities or metropolitan regions about the different ways they're showcasing...

  • WASHINGTON— Dozens of cities are working frantically to land Amazon's second headquarters, raising a weighty question with no easy answer:. Amazon is promising $5 billion of investment and 50,000 jobs over the next decade and a half. For the right city, winning Amazon's second headquarters could help it attain the rarefied status of "tech hub," with the prospect of...

  • BOSTON, Oct 18- Billionaire investor Seth Klarman on Wednesday resisted calls for Puerto Rico's debt to be wiped out and said the island's residents will be better off in the long run if obligations are honored. Calls to forgive Puerto Rico's more than $70 billion in outstanding obligations have mounted in recent weeks, as much of the island still has no...

  • BOSTON, Oct 18- A U.S. judge on Wednesday said he may reject a plea agreement that was part of Aegerion Pharmaceuticals Inc's recent $36 million settlement with the U.S. Justice Department, saying he was not happy with its sentencing terms. The judge's comments marked an unexpected complication for Aegerion to finalize a settlement with the Justice Department...

  • BOSTON _ Boston Private Financial Holdings Inc. on Wednesday reported third-quarter net income of $18.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share. Boston Private Financial shares have decreased slightly since the beginning of the year.

  • BOSTON _ Brookline Bancorp Inc. on Wednesday reported third-quarter earnings of $15.4 million. On a per-share basis, the Boston- based company said it had net income of 20 cents. This story was generated by Automated Insights using data from Zacks Investment Research.