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Top News & Analysis Boston

  • BOSTON, Sept 22- Aegerion Pharmaceuticals Inc will plead guilty to two misdemeanors and pay $40.1 million to resolve investigations into its marketing and sales of an expensive cholesterol drug, U.S. authorities said on Friday. The settlements will resolve long-running investigations into Aegerion, a subsidiary of Canada's Novelion Therapeutics Inc, by...

  • **FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...

  • **FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...

  • BOSTON, Sept 22- Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc, is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people- retail investors. Now, his campaign to get himself and two other nominees...

  • BOSTON— A Boston police detective is pleading guilty to lying to federal officials so he could fly armed on personal trips and allow a friend to avoid going through airport security. The U.S. Attorney's Office in Boston on Friday said Sgt. Prosecutors allege Smith flew armed on about 28 trips from Logan International Airport in Boston.

  • BOSTON— A Massachusetts drug company has agreed to pay more than $35 million to resolve criminal and civil charges that it falsely marketed a cholesterol medication. The U.S. Attorney's Office in Boston said Friday that Aegerion Pharmaceuticals has agreed to plead guilty to two misdemeanor counts of violating federal law when it sold and promoted the drug...

  • BOSTON, Sept 22- A former Akebia Therapeutics Inc employee accused of insider trading was re-arrested on Friday after violating a bail condition as a prosecutor who once called him "increasingly unhinged" said he would seek the man's detention pending trial. Schultz Chan, the former director of biostatistics at the Cambridge, Massachusetts- based...

  • BOSTON, Sept 22- Aegerion Pharmaceuticals Inc will plead guilty to two misdemeanors and pay $40.1 million to resolve investigations into its marketing and sales of an expensive cholesterol drug, U.S. authorities said on Friday. The settlements will resolve long-running investigations into Aegerion, a subsidiary of Canada's Novelion Therapeutics Inc, by...

  • *North Korea rhetoric drives demand for safe-haven gold. Sept 22- U.S. stocks were down slightly in late afternoon trading on Friday as Apple weighed and investors eyed the progress of a healthcare bill in Washington on top of concerns about North Korea and the upcoming corporate earnings season. Since technology stocks have been responsible for much of the...

  • WASHINGTON, Sept 22- Aegerion Pharmaceuticals, a subsidiary of Novelion Therapeutics, will pay $4.1 million to settle charges it misled investors about how many patients purchased Juxtapid, a drug used to treat a genetic condition that leads to high cholesterol, the top U.S. securities regulator said on Friday. Aegerion allegedly said that a vast number of...

  • DUBLIN- ECB President Mario Draghi gives Keynote speech at Henry Grattan Lecture Invitation organized by Trinity College in Dublin- 0830 GMT. FRANKFURT- ECB Vice President Vitor Constancio gives closing remarks at the ECB conference "Low inflation: Lessons from the past! FRANKFURT- ECB Vice President Vitor Constancio chairing panel "Macroprudential policy...

  • DUBLIN- ECB President Mario Draghi gives Keynote speech at Henry Grattan Lecture Invitation organized by Trinity College in Dublin- 0830 GMT. FRANKFURT- ECB Vice President Vitor Constancio gives closing remarks at the ECB conference "Low inflation: Lessons from the past! FRANKFURT- ECB Vice President Vitor Constancio chairing panel "Macroprudential policy...

  • *Norway's central bank signals quicker path to rate hike. It is just telling in terms of where the sentiment is for the U.S. dollar, "said Erik Nelson, currency strategist at Wells Fargo Securities in New York. "Yes, the Fed has just told us they are going to continue tightening policy, but the likes of the European Central Bank, the Bank of Canada and even the Bank of...

  • *Norway's central bank signals quicker path to rate hike. NEW YORK, Sept 21- The dollar weakened against a basket of currencies on Thursday, retreating from a more than two-week peak as bets stoked by the Federal Reserve signalling it may raise interest rates in December abated. "People were surprised that Yellen stuck with the script that weak inflation is...

  • Sept 21- Toys "R" Us Inc, the U.S. toy retailer that filed for bankruptcy protection this week, said on Thursday it is hiring part-time seasonal workers to staff its stores for the holidays, including for a new position of toy demonstrator. Toys "R" Us has the largest need to hire in the New York City area, followed by Los Angeles and then Groveport, Ohio, at a DHL warehouse it...

  • BOSTON— Aaron Hernandez's lawyer says test shows former Patriots tight end had' severe' case of degenerative brain disease CTE.

  • FRANKFURT- ECB President Mario Draghi gives welcome remarks at the 2nd ESRB annual conference in Frankfurt- 1315 GMT. STOCKHOLM- Swedish Central Bank minutes from monetary policy will be published- 0730 GMT. OSLO- Norway Central Bank holds a press conference after the announcing its interest rate decision and issuing its monetary policy report 0830 GMT.

  • FRANKFURT- ECB President Mario Draghi gives welcome remarks at the 2nd ESRB annual conference in Frankfurt- 1315 GMT. STOCKHOLM- Swedish Central Bank minutes from monetary policy will be published- 0730 GMT. OSLO- Norway Central Bank holds a press conference after the announcing its interest rate decision and issuing its monetary policy report 0830 GMT.

  • BOSTON, Sept 20- Billionaire hedge fund manager William Ackman, whose firm owns an 8.3 percent stake in Automatic Data Processing Inc, is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people- retail investors. Now, his campaign to get himself and two other nominees...

  • NEW YORK, Sept 20- U.S. In its statement that followed a two-day meeting, the Fed, as expected, left rates unchanged and said it would begin in October to reduce its approximately $4.2 trillion in holdings of U.S. Fed Chair Janet Yellen said in a press conference after the meeting that a fall in inflation this year remained a mystery and said the U.S. central bank was...