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Top News & Analysis Massachusetts

  • After the outbreak, Congress in 2013 passed the Drug Quality and Security Act, which aimed to bring more compounding pharmacies, which make custom medications, under the authority of the FDA rather than state pharmacy boards. The law created a category of "outsourcing facilities" that could register with the FDA, allowing them to sell products in bulk to...

  • WASHINGTON, Sept 15- U.S. retail sales unexpectedly fell in August and industrial output recorded its biggest drop since 2009 as Hurricane Harvey disrupted activity, suggesting the storm could dent economic growth in the third quarter. "The early returns from Harvey are trickling in and the news is not good," said Joel Naroff, chief economist at Naroff Economic...

  • When Uber began operating in Portland in December 2014, it did not have any permits, so it used a software tool it had created called Greyball to block regulators from booking rides. Uber stopped using the software after it received approval to operate its service in Portland in April 2015. Portland launched its investigation after the New York Times reported in...

  • HELSINKI- European Central Bank Executive Board Member Daniele Nouy gives Marjolin Lecture at 33rd SUERF Colloquium& Bank of Finland Conference "Shadow Banking: Financial Intermediation beyond Banks" in Helsinki 0600 GMT. TALLINN- European Central Bank President Mario Draghi and ECB board member Benoit Coeure participate in a Eurogroup meeting in Tallinn.

  • HELSINKI- European Central Bank Executive Board Member Daniele Nouy gives Marjolin Lecture at 33rd SUERF Colloquium& Bank of Finland Conference "Shadow Banking: Financial Intermediation beyond Banks" in Helsinki 0600 GMT. TALLINN- European Central Bank President Mario Draghi and ECB board member Benoit Coeure participate in a Eurogroup meeting in Tallinn.

  • Senator Amy Klobuchar, the top Democrat on the Senate Judiciary Committee's antitrust panel, introduced a bill on Thursday that would make it easier for the government to stop mergers and another that would raise fees that companies pay for merger reviews. One bill would lessen the burden on the Justice Department and Federal Trade Commission, which review...

  • WASHINGTON, Sept 14- The U.S. Federal Trade Commission said on Thursday it was investigating Equifax Inc's massive data breach, and a top Democrat suggested the credit-monitoring company's corporate leaders might need to resign. Senate Democratic leader Chuck Schumer compared Equifax to Enron, the U.S. energy company that filed for bankruptcy in 2001 after...

  • WASHINGTON, Sept 14- The U.S. Federal Trade Commission said on Thursday it was investigating Equifax Inc's massive data breach, and a top Democrat suggested the credit-monitoring company's corporate leaders might need to resign. Senate Democratic leader Chuck Schumer compared Equifax to Enron, the U.S. energy company that filed for bankruptcy in 2001 after...

  • NEW YORK, Sept 14- Maurice "Hank" Greenberg, former chief executive of American International Group Inc, may pursue large parts of his defamation lawsuit against former New York Attorney General Eliot Spitzer, a New York state appeals court ruled. Wednesday's decision by the Appellate Division in Brooklyn, New York came seven months after Greenberg, 92, reached a...

  • BOSTON, Sept 14- U.S. prosecutors have identified Insys Therapeutics Inc's billionaire founder as an unindicted co-conspirator in a case accusing six former executives and managers of participating in a scheme that involved bribing doctors to prescribe a fentanyl-based drug, according to a court document. John Kapoor, who stepped down as chief executive of...

  • WASHINGTON, Sept 14- The U.S. Federal Trade Commission said on Thursday it was investigating Equifax Inc's massive data breach, a rare public confirmation, as a top Democrat suggested the credit-monitoring company's corporate leaders might need to resign. Senate Democratic Leader Chuck Schumer also compared Equifax to Enron, a U.S. energy company that filed...

  • NEW YORK, Sept 14- Maurice "Hank" Greenberg, former chief executive of American International Group Inc, may pursue large parts of his defamation lawsuit against former New York Attorney General Eliot Spitzer, a New York state appeals court ruled. Wednesday's decision by the Appellate Division in Brooklyn, New York came seven months after Greenberg, 92, reached a...

  • PROVIDENCE, R.I.— Rhode Island's unemployment rate has kept steady at 4.3 percent. Rhode Island's rate was down one percentage point from a year ago. Alexion Pharmaceuticals Inc. announced Tuesday that it's relocating its headquarters from New Haven, Connecticut, to Boston and cutting 20 percent of its global workforce.

  • KINGSTON, N.Y.— Kevin Corrado, publisher of the New Haven Register in Connecticut for the past three years, has been named publisher of the Daily Freeman in Kingston. The Hudson Valley newspaper reports that Corrado also will oversee operations at the Denver- based Digital First Media's other New York properties, including the Oneida Daily Dispatch; The...

  • NEW YORK— Worries rippled through the consumer market for antivirus software after the U.S. government banned federal agencies from using Kaspersky Lab software on Wednesday. Best Buy and Office Depot said they will no longer sell software made by the Russian company, although one security researcher said most consumers don't need to be alarmed.

  • Anyone who suffered damage from hurricanes Harvey or Irma will be thankful if they have homeowners or windstorm coverage and flood insurance. But much work lies ahead. "We provide a service so you can get back to your kids and your jobs," says Diane Swerling, vice president of Swerling Milton Winnick Public Insurance Adjusters Inc. in Wellesley Hills,...

  • CHICAGO, Sept 14- Germany's Bayer AG, one of the world's biggest agricultural chemical companies, is joining a $100 million bet that the next big breakthrough in crop fertilizers will be found inside a biological Petri dish. The venture will be backed via a Series A investment from the two companies and hedge fund Viking Global Investors LP.

  • FRANKFURT- German Central Bank head Jens Weidmann will deliver a lecture entitled "Monetary policy after the crisis" in Frankfurt- 1530 GMT. TALLINN- European Central Bank Executive Board Member Yves Mersch will participate in closing session "Economic and Financial Priorities for relaunching the Eurozone and the EU" at Eurofi Financial Forum 2017 "What way...

  • FRANKFURT- German Central Bank head Jens Weidmann will deliver a lecture entitled "Monetary policy after the crisis" in Frankfurt- 1530 GMT. TALLINN- European Central Bank Executive Board Member Yves Mersch will participate in closing session "Economic and Financial Priorities for relaunching the Eurozone and the EU" at Eurofi Financial Forum 2017 "What way...

  • NEW YORK— Texas and Florida are usually the biggest markets for ReelSonar's fishing devices and apps. Though ReelSonar is based in Seattle, thousands of miles from the damage, it's feeling an impact from the storms. His products are also sold in hundreds of sporting goods and camping stores in Texas and Florida.