Mass. nixes hike in worker's compensation rates

BOSTON — The state insurance commissioner has approved a settlement eliminating a proposed increase in workers' compensation insurance rates. Attorney General Martha Coakley's argued against the planning increase, which would have hiked rates by an...

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Southboro’s Globoforce cancels IPO

A Southboro tech company canceled its initial public offering hours before markets opened yesterday, a move experts said was a sign of low demand for shares of Globoforce, not a trend that will drag down other tech companies looking to go public soon....

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'20s charm abounds in Belmont home

This classic colonial in Belmont has been updated but retains much of its woodwork and charming details, such as arched doorways. Built in 1928, the five-bedroom home at 22 Adams St. lies in the town's high-end Presidential Estates subdivision. The...

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Obama: Women still face outdated policies at work

WASHINGTON — President Barack Obama says the economy hasn't caught up to the new reality that women now make up about half of the workforce. Obama says in his weekly radio and Internet address that women earn about 77 cents for every dollar men earn....

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Are tougher penalties against Russia to come?

WASHINGTON — U.S. penalties against a Russian bank and the Kremlin's inner circle have pinched Moscow, but their effectiveness is in doubt if the goal is to get President Vladimir Putin to roll back his forces from Crimea or prevent more land grabs....

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Obama enlists DeGeneres, other celebrities in final health care push

WASHINGTON— President Barack Obama teased Ellen DeGeneres about the selfie she took at the Oscars and confessed to leaving his socks and shoes lying around while the first lady is out of town, but before the end of his Thursday appearance on the talk...

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Howard Johnson Inn to get ‘edgy’ redo

An "edgy" and "irreverent" 94-room boutique hotel paying homage to the Fenway's musical and artistic history will replace the shuttered and past-its-prime Howard Johnson Inn. Samuels & Associates plans to open The Verb this summer after an 
$18.8...

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Expert: $90M in Connector penalties just the begining

The state could lose up to $90 million in federal funds because lingering problems with its disastrous Obama­care website have kept tens of thousands of people on health plans that were supposed to expire in January — forcing it to burn up cigarette...

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Putnam CEO picked to also run parent co.

Putnam Investments President and CEO Robert L. Reynolds has been tapped to also head the Boston firm's parent company as it combines its retirement businesses to serve the U.S. marketplace with greater breadth. In a conference call with reporters yesterday,...

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Sanctions not seen as damaging to U.S.

Economic sanctions President Obama ordered yesterday against some of Russian President Vladimir Putin's closest associates will have little impact on the U.S. or global economies, unless they are expanded to restrict Russia's energy exports to Europe,...

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Acetylon expands with cancer drug

Mayor Martin J. Walsh and MassBio President and CEO Robert K. Coughlin today will mark the expansion of Acetylon Pharmaceuticals, which is developing a blood-cancer drug, in Boston's Innovation District. The company, which moved to a 10,000-square-foot...

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Jury finds against Herald in libel suit

A Suffolk Superior Court jury yesterday found the Boston Herald responsible for defamation in a case arising from a May 28, 2009 article regarding a prison visit involving Joanna Marinova at Old Colony Prison in Bridgewater earlier that month. The newspaper...

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Fed may end stimulus this fall

The Federal Reserve could end its bond-buying stimulus this fall, and interest rates could start to rise six months later, Fed Chair Janet Yellen said yesterday after leading the Federal Open Market Committee meeting for the first time. U.S. stocks...

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The Ticker

Toyota to pay $1.2B to settle criminal probe Toyota agreed to pay $1.2 billion to settle an investigation by the U.S. government, admitting that it hid information about defects that caused Toyota and Lexus vehicles to accelerate unexpectedly and resulted...

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Partners delays acquisition of South Shore Hospital as AG investigates

Partners HealthCare is holding off on its proposed acquisition of South Shore Hospital in Weymouth as the attorney general's office continues to investigate the deal.The delay also applies to the doctors group Harbor Medical Associates. In a joint statement,...

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FedEx profit up, but misses expectations

DALLAS — FedEx Corp. says its latest quarterly profit rose 5 percent from a year ago despite storms that raised the company's costs, but the results were below analysts' expectations. The company's ground-shipping segment is doing better, but the express-delivery...

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Rough winter hurts General Mills 3Q sales

MINNEAPOLIS — Rough winter weather took a bite out of General Mills' fiscal third-quarter sales, and the cereal maker's results missed Wall Street expectations. The maker of Cheerios, Yoplait and Betty Crocker products said Wednesday that its fiscal...

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IBM's Watson to help sequence cancer DNA

NEW YORK — IBM and its Watson cloud computing system are partnering with the New York Genome Center to help it sequence DNA for the treatment of brain cancer. New York Genome will use IBM's "Jeopardy!" champion system to sequence the DNA of cancer tumors...

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French court upholds prison for rogue trader

PARIS — France's highest court upheld Wednesday a prison sentence for one-time rogue trader Jerome Kerviel but threw out the 4.9 billion euros ($7 billion) in civil damages he'd been ordered to pay back. Kerviel was convicted in 2010 of carrying out...

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Stocks barely higher ahead of Fed decision

NEW YORK — Stocks inched higher early Wednesday as investors awaited the results of the Federal Reserve's first policy meeting under its new chair, Janet Yellen. Technology stocks struggled after Oracle reported earnings and revenue that fell short of...

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Wal-Mart to accept video game trade-ins in stores

NEW YORK — Wal-Mart plans to expand its video game trade-in program to its stores, offering store credit for thousands of video games. The world's largest retailer plans to let video game owners trade in used video games online and in Wal-Mart stores...

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Irish company to build sandwich factory at Quonset

PROVIDENCE, R.I. — An Irish company says it plans to hire 370 people and build a new sandwich-making factory at Rhode Island's Quonset Business Park. Greencore Group said Tuesday that it will close facilities in Newbury and Brockton, Mass., and move...

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Cambridge start-up Zulip aquired by Dropbox

Who needs name recognition when you've got Dropbox? Zulip, a stealthy enterprise messaging company that is still in private beta, has been acquired by the cloud giant, according to TechCrunch. Zulip, which makes a suite of messaging apps, was founded...

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Kanye West pleads no contest in battery case

LOS ANGELES — Kanye West pleaded no contest to misdemeanor battery against a photographer at Los Angeles International Airport in a special plea in which he maintains his innocence. West entered the plea Monday through his attorney and did not attend...

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Stocks gain after reports on economy, Ukraine

NEW YORK — The stock market rose Tuesday after some encouraging news on the economy and signs that Russia is seeking to ease tensions with the West on Ukraine. KEEPING SCORE: The Standard & Poor's 500 index rose nine points, or 0.5 percent, to 1,867...

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Online food service Just Eat to float in London

LONDON — Just Eat, an online food ordering service, has announced plans to float its shares on the London Stock Exchange. The company, which lets customers order takeout food from local restaurants, plans to raise 100 million pounds ($166 million) in...

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Unemployment rates drop in 43 US states in January

WASHINGTON — Unemployment rates fell in 43 U.S. states in January as more Americans began looking for work and most quickly found jobs. The Labor Department says the unemployment rate rose in just one state — Iowa — where the rate increased to 4.3 percent...

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US homebuilder confidence edges higher in March

U.S. homebuilders' confidence in the housing market edged higher this month, reflecting improved demand for new homes as the traditional spring home-selling season ramps up. But the outlook for sales of single-family homes over the next six months dimmed...

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Microsoft releases OneNote for Macs, makes it free

LOS ANGELES — Microsoft Corp. on Monday released a version of its OneNote note-taking software for Macs and added new features and a free tier for all of the software's users in moves clearly targeted at up-and-coming productivity software rival Evernote....

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Obama announces sanctions on Russian officials

WASHINGTON — In the most comprehensive sanctions against Russia since the end of the Cold War, President Barack Obama on Monday froze the U.S. assets of seven Russian officials, including top advisers to President Vladimir Putin, for their support of...

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