Updated May 4 at 11:04am
Local News
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After sitting out for most of the biotech acquisition frenzy of 2015, Amgen Inc. is ready to do a deal. more
Benrus will be throwing its hat into the ring during the holiday shopping season with the opening of a retail store on Nov. 19 at 10 a.m. at 39 Pike St. more
Michael Lewis may have spelled out the supposed menace of high-frequency trading in his bestseller “Flash Boys.” What he didn’t do is provide a basis for investors to sue stock exchanges or banks. more
Something to watch for this earnings season: The number of companies that eschew the use of generally accepted accounting principles, commonly called GAAP. more
America’s trade deficit widened in February to a six-month high as an increase in imports exceeded a more modest pickup in shipments overseas. more
Eight University of Massachusetts technology projects will each receive $25,000 in Tech Development Fund Awards, University of Massachusetts President Martin T. Meehan said Thursday. more
There hasn’t been much good news in U.S. corporate profits since they began sliding a year ago -- until now. more
The U.S. economy expanded in the first quarter at the slowest pace in two years as American consumers reined in spending and companies tightened their belts in response to weak global financial conditions and a plunge in oil prices. more
Purchases of new homes in the U.S. unexpectedly declined in March for a third month, reflecting the weakest pace of demand in the West since July 2014. more
Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, according to Bloomberg Intelligence. more
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