Local News
2058 results total, viewing 1861 - 1870
LIN Media LLC directors structured Media General Inc.’s $1.6 billion buyout of the local TV-station operator in a way that unfairly benefits private-equity firm HM Capital Partners LLC over other shareholders, a pension fund claimed in a lawsuit. more
Bank of America Corp.’s gaffe on U.S. stress tests has meant “tough consequences” for investors, CEO Brian T. Moynihan said Wednesday as his staff and directors regrouped to figure out what went wrong. more
GTECH S.p.A. saw its total revenue decline 2 percent to €781.3 million ($1.08 billion based on the exchange rate of $1.38 per euro on March 31) during the first quarter of 2014, compared with €797.5 million ($1.1 billion) for the same period a year earlier. more
In 2013, Rhode Island fully met standards for quality in its state-supported early-learning program, according to “The State of Preschool 2013,” a report from the National Institute of Early Education Research. more
General Electric Co.’s $17 billion bid for Alstom SA’s energy business is in jeopardy after France gave itself the power to block foreign takeovers in industries it deems strategic. more
Red Sox owner John W. Henry, who purchased The Boston Globe and the Worcester Telegram & Gazette from The New York Times Co. for $70 million last year, has sold the Telegram & Gazette to Halifax Media Group of Dayton Beach, Fla., the paper reported Wednesday. more
Sales of previously owned U.S. homes rose in April for the first time this year as the weather warmed, price increases slowed and more properties were put on the market. more
United Natural Foods Inc. announced Thursday it will acquire Tony’s Fine Foods, a perishable foods distributor specializing in cheeses and deli products and based in West Sacramento, Calif., for approximately $195.3 million. more
In a national health study of America’s seniors, Rhode Island moved up four places to No. 26 from No. 30 last year, but ranked the lowest of any New England state, the United Health Foundation announced Wednesday. more
The University of Massachusetts Dartmouth has raised $5.2 million, exceeding its $5 million goal for the year in the third quarter, ahead of schedule. more
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