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Top News & Analysis Massachusetts

  • *Railroad CSX drops after CEO Hunter Harrison dies. Republicans Senators on Sunday said they expected Congress to pass the tax bill this week, with a Senate vote set for Tuesday and President Donald Trump expected to sign the bill into law by the end of the week. "The market is going to continue its rally based on the belief that we're going to see the Congress pass tax...

  • Dec 18- Total System Services Inc on Monday said it would buy payment technology firm Cayan for $1.05 billion in cash to expand its offerings to small and mid-sized U.S. businesses. BofA Merrill Lynch and Greenhill& Co LLC are acting as financial advisers to TSYS, while Financial Technology Partners LP is the financial adviser to Cayan. TSYS in January 2016...

  • Dec 18- Wall Street's main indexes were set to scale new highs on Monday as the long-awaited tax overhaul plan looked set for legislation and buoyed by a flurry of year-end corporate dealmaking that has topped $11 billion so far. Republicans Senators on Sunday threw their weight behind the tax bill they expect Congress to pass this week. A Senate vote is set for...

  • Dec 18- U.S. stock index futures were higher on Monday, set to push Wall Street to new records, buoyed as the long-awaited tax overhaul plan looked set for legislation and by a flurry of year-end dealmaking topping $10 billion so far. Republicans said on Sunday they expected Congress to pass the tax bill this week, with a Senate vote set for as early as Tuesday and...

  • PORTLAND, Maine— A trade deal between Canada and the European Union could amount to a lump of coal for the U.S. at Christmastime. But Canada and the EU brokered a deal this year that gets rid of tariffs on Canadian lobster exports to the 28- nation bloc. Canada, the world's other major lobstering nation, is now at an economic advantage over the U.S.

  • A big risk stems from voters giving majorities to Democrats in the U.S. Senate and House of Representatives, in a rejection of President Donald Trump's Republican party. If we woke up tomorrow and it was a given fact were going to take over the House and the Senate, healthcare would be one of the worst-performing sectors of the market, said Walter Todd, chief...

  • The NLRB in a 3-2 decision on Friday said a unionized unit of about 100 welders and "rework specialists" at a manufacturing company in Oregon was improper, and should include all 2,500 employees at the company's facility. The board said on Friday that its 2011 decision involving nursing agency Specialty Healthcare gave too much power to unions to decide which...

  • Dec 15- Hedge fund Elliott Management disclosed a 6.5 percent stake in Akamai Technologies on Friday, and said the company's $9.7 billion market value did not reflect the uses of its platform, which speeds up content delivery over the internet. Shares of Akamai were up 13.8 percent at $65.75 in after-market trading in New York on Friday as a result of Elliott's...

  • NEW YORK, Dec 15- Shares gained worldwide on Friday and Wall Street notched closing record highs on U.S. tax legislation optimism, while the U.S. yield curve turned its flattest in a decade after the Federal Reserve hiked interest rates this week. The European Central Bank and the Bank of England held off on hikes. Wall Street equities closed sharply higher as...

  • *Technology, healthcare lead the advance. NEW YORK, Dec 15- Wall Street's three major indexes climbed to record closing highs on Friday with broad-based gains as a long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass. Republican Senator Bob Corker joined Senator Marco Rubio in signaling support in the late...

  • Daniel Perez, who authorities said lived next door to a former Celator accountant in Yardley, Pennsylvania, entered his plea to one count of securities fraud in federal court in Trenton, New Jersey, prosecutors said. Prosecutors at that time announced that three other people, including Evan Kita, the former employee at the New Jersey drug company, had pleaded...

  • NEW YORK, Dec 15- Wall Street's three major indexes scaled new heights on Friday, with all major sectors pushing higher as a long-awaited tax bill that would cut corporate tax rates looked like it would win support among lawmakers. Republicans were expected to release final details of their plan on Friday, with decisive votes in the House of Representatives and...

  • Most of the gains came after Hunter Harrison, 73, who led turnarounds of two Canadian railroads, was hired as CEO in March in a push by activist investor Paul Hilal. Acting CEO Jim Foote, who worked with Harrison at Canadian National Railway, insisted he will carry on the CEO's plans, but offered no details on his health or when he might return to the helm of the...

  • LAKE BUENA VISTA, Florida, Dec 15- Just outside the operating theater, the organizers of a medical conference wore Minnie Mouse ears. They were part of a so-called cadaver lab and the setting was a Florida resort. In this case, doctors practiced nerve root blocks and other procedures on cadavers in one of the Grand Harbor ballrooms salons at Disneys Yacht& Beach Club...

  • LAKE BUENA VISTA, Florida, Dec 15- LAKE BUENA VISTA, Florida Just outside the operating theater, the organizers of a medical conference wore Minnie Mouse ears. They were part of a so-called cadaver lab and the setting was a Florida resort. In this case, doctors practiced nerve root blocks and other procedures on cadavers in one of the Grand Harbor ballrooms salons at...

  • A big risk stems from voters giving majorities to Democrats in the U.S. Senate and House of Representatives, in a rejection of President Donald Trump's Republican party. If we woke up tomorrow and it was a given fact were going to take over the House and the Senate, healthcare would be one of the worst-performing sectors of the market, said Walter Todd, chief...

  • Now that the federal government has rolled back the internet protections it put in place two years ago, the big question is: What does the repeal of "net neutrality' rules mean to you? All of which would be perfectly legal under the new deregulatory regime approved Thursday by the Federal Communications Commission, so long as the companies post their policies...

  • *Chinese cars getting closer to U.S, Europe entry. Improvements in car design, technology and marketing at firms including Geely, GAC Motor and Great Wall Motor have brought them a bigger share in their home market, the world's largest, and give them a better chance of survival in competitive markets in Europe and the United States. "China is passing you at a speed...

  • The settlement announced on Thursday will resolve an investigation by the Justice Department into DaVita Rx LLC, a national pharmacy that specializes in serving kidney disease patients. The deal resolved claims that DaVita Rx billed government healthcare programs like Medicare and Medicaid for medications that were never shipped, that were later...

  • SACRAMENTO, Calif.— The federal Department of Education is refusing to process debt relief claims from tens of thousands of students who had federal loans to attend Corinthian Colleges, California's attorney general claimed Thursday in the latest lawsuit against the Trump administration. Attorneys general in Illinois, Massachusetts and New York are...