Obama's boldest move on carbon comes with perils

WASHINGTON — The new pollution rule the Obama administration announces Monday will be a cornerstone of President Barack Obama's environmental legacy and arguably the most significant U.S. environmental regulation in decades. But it's not one the White...

22.27 | 0 komentar | Read More

Mass. Gov. Patrick heading to United Arab Emirates

BOSTON — Massachusetts Gov. Deval is setting off on the second leg of his latest trade mission, heading from Israel to the United Arab Emirates. On Monday, Patrick is scheduled to meet with the Mubadala Development Company, an investment and development...

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New drugs may make a dent in lung, ovarian cancer

CHICAGO — For the first time in a decade, an experimental drug has extended the life of patients with advanced lung cancer who relapsed after standard chemotherapy. But the benefit in the study was so small — six extra weeks, on average — that it is...

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US law prods states to revisit health care rules

CONCORD, N.H. — Prompted by the health care overhaul law, several states are updating their rules for insurance networks to better reflect who is covered and how people shop for and use their benefits. Washington state just implemented new regulations,...

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How Obama's power plant emission rules will work

WASHINGTON — The Obama administration on Monday plans to make public the first rules limiting carbon emissions from the thousands of power plants. The pollution controls form the cornerstone of President Barack Obama's campaign to combat climate change...

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Radian tries to make its mark in luxury market

Designed to resemble a boutique hotel and with condo-level finishes, the just-opened 240-unit Radian luxury complex is hoping to draw the city's well-heeled renters. The 26-story, $130 million project developed by Forest City Enterprises and the Swampscott-based...

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The Ticker

Romney, Peter Lynch sell local properties Mitt and Ann Romney are pulling up roots in Belmont — and apparently turning a profit. Massachusetts' former first couple sold their South Cottage Road condo earlier this month for $1.2 million, according to...

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Panel sees nothing odd on casino vote

The state Gaming Commission yesterday brushed off concerns that Chairman Stephen P. Crosby's decision to recuse himself from discussions over the Boston area's sole casino license could result in a tie vote. "We're not the first board to have an even...

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Gap filled in downtown

Gap Inc. is seeking workers for a new Gap Outlet that will open in Downtown Crossing — the latest evidence of a looming revival for the Boston shopping district. The Gap is in talks to open the outlet on Washington Street, across from the Millennium...

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How Google got states to legalize driverless cars

MOUNTAIN VIEW, Calif. — About four years ago, the Google team trying to develop cars driven by computers — not people — became convinced that sooner than later, the technology would be ready for the masses. There was one big problem: Driverless cars...

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5 things to know about Apple's duet with Beats

CUPERTINO, Calif. — Apple CEO Tim Cook looked like he wanted to dance Wednesday as he discussed his company's $3 billion acquisition of Beats Electronics. The deal, by far the most expensive in Apple's 38-year history, will give the iPhone and iPod maker...

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8 vehicles earn top rating for collision warning

DETROIT — The 2014 Chevrolet Impala was the only non-luxury car to earn the highest safety rating in new tests of high-tech crash prevention systems. The Insurance Institute for Highway Safety tested cars equipped with collision warning and automatic...

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Dish to become largest company to accept bitcoin

LOS ANGELES — Dish Network Corp. says it will become the largest company yet to accept payment in bitcoin. The satellite TV company says it will begin accepting the digital coins through payment processor Coinbase by September. Coinbase will instantly...

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Applications for US jobless aid near 7-year low

WASHINGTON — The number of Americans seeking unemployment benefits fell last week to nearly the lowest level in seven years, a sign hiring may be picking up. Weekly applications for unemployment aid dropped 27,000 to a seasonally adjusted 300,000, the...

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Fox News hires 'Clueless' star Stacey Dash as commentator

NEW YORK — Fox News Channel has gone Hollywood for its latest hire. The news network is bringing on actress Stacey Dash as a paid contributor. Dash is known for her roles in the "Clueless" movie and television series. The black actress landed on the...

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US bank earnings decline 7.7 percent in 1Q

WASHINGTON — U.S. banks' earnings declined 7.7 percent in the January-March quarter from a year earlier, as higher interest rates dampened demand for mortgage refinancing and reduced banks' revenue from the mortgage business. The data issued Wednesday...

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Stocks mostly lower after latest record high

NEW YORK — Stocks are mostly lower in early trading after setting a record high the day before. Botox maker Allergan fell 3 percent after Valeant Pharmaceuticals made a new unsolicited offer for the company. Toll Brothers rose 4 percent after reporting...

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Google: We're building car with no steering wheel

LOS ANGELES — Google will build a car without a steering wheel. It doesn't need one because it drives itself. The two-seater won't be sold publicly, but Google said Tuesday it hopes by this time next year, 100 prototypes will be on public roads. Though...

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Thai Facebook users get censorship scare

BANGKOK — Thailand's new military rulers said that a sudden interruption of access to Facebook on Wednesday was not part of a censorship policy, but due instead to a technical hitch. The afternoon blockage did not affect all users but drew a flurry...

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Stocks fall back from record highs

NEW YORK — Stocks were mostly lower Wednesday, pushing the market back below record levels. Investors were unimpressed with a second bid by Valeant Pharmaceuticals for Botox maker Allergan. KEEPING SCORE: The Standard & Poor's 500 index fell three...

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US stocks open higher after holiday weekend

NEW YORK — The U.S. stock market is opening higher as traders return from a long holiday weekend. Investors were encouraged by a report that orders for big-ticket items unexpectedly rose last month. The Standard & Poor's 500 index rose eight points,...

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US home prices rise at slower rate in March

WASHINGTON — U.S. home prices rose in March, but the gains are decelerating as fewer Americans can afford to buy. The Standard & Poor's/Case-Shiller 20-city home price index rose 12.4 percent in March compared with 12 months earlier. While healthy,...

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Median CEO pay crosses $10 million in 2013

NEW YORK — They're the $10 million men and women. Propelled by a soaring stock market, the median pay package for a CEO rose above eight figures for the first time last year. The head of a typical large public company earned a record $10.5 million,...

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US consumer confidence moved up in May

WASHINGTON — U.S. consumers were slightly more confident in the economy in May than in April, partly because they are more optimistic about future hiring and income gains. The Conference Board says that its confidence index rose to 83 from 81.7 in April,...

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Philadelphia Inquirer, Daily News up for auction

PHILADELPHIA — Businessman Lewis Katz and philanthropist H.G. "Gerry" Lenfest are taking over Philadelphia's two largest newspapers with an $88 million auction bid. Katz and another businessman, George Norcross, had bought The Philadelphia Inquirer,...

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Startup lets clean water flow

When you are tackling one of the biggest problems on the planet, you need as many people on your side as possible. That is the strategy Drinkwell, a Cambridge-based startup, is using to help provide clean water to the Third World. "You really want...

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Starting 2012 Chrysler van gives driver a jolting jump

Recently I purchased a 2012 Chrysler Town & Country SXT V6 van with 39,000 miles. It is a one-owner vehicle with no Carfax issues. When starting out anytime, the accelerator pedal moves about an inch down before the vehicle responds from idle. When...

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Chips still on web gambling

Online gaming proponents are vowing to push ahead despite a leading casino industry lobbying group's withdrawal of support for expanded Internet gambling, which has proved to be a divisive issue among Las Vegas gaming titans. State Treasurer and gubernatorial...

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New FHA rules making condos no-lending zones

WASHINGTON — For young first-time buyers, people with modest down payment cash, or seniors who want to tap their equity using a reverse mortgage, it's a growing problem: They cannot use Federal Housing Administration financing in condominiums. It's...

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Private hospitals could take some pressure off VA

WASHINGTON — The Obama administration's decision to allow more veterans to get care at private hospitals could take some pressure off backlogged Veterans Affairs facilities struggling to cope with new patients from the wars on terrorism as well as old...

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