Massachusetts News
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Updated 12 minutes ago
U.S. real estate investment trusts fell the most in 19 months as the Federal Reserve said it could scale back bond purchases this year, fueling concern that rising interest rates will increase acquisition and refinancing costs.
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Updated 26 minutes ago
The risk of investing in Peruvian debt is rising as investors weigh the possibility that Finance Minister Miguel Castilla will resign from office, Barclays Plc said.
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Updated 45 minutes ago
Dunkin’ Donuts is poised to beat McDonald’s Corp. and Starbucks Corp. in introducing the fast- food industry’s first gluten-free pastries nationwide.
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Updated 1 hour, 2 minutes ago
Corvex Management LP and Related Cos., the investors who want to replace CommonWealth REIT’s board, pledged to buy a majority of the debt in the company’s credit agreements to prevent acceleration of the loans’ maturity should they be successful in ousting the trustees.
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Updated 28 minutes ago
The largest U.S. mortgage servicers, including Citigroup Inc. and Bank of America Corp., haven’t done enough to upgrade their treatment of customers in danger of foreclosure, according to a court-appointed monitor.
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Updated 1 hour, 7 minutes ago
Holographic televisions could be in living rooms in the next 10 years at the price of today’s two- dimensional sets because of technology being developed by Massachusetts Institute of Technology’s Media Lab, said Michael Bove, head of the lab’s Object-Based Media Group.
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John Martorano, a government witness in the murder trial of reputed crime boss James “Whitey” Bulger, told a jury that he took part in 10 murders with Bulger in an altruistic bid to help friends.
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Wholesale electricity prices dropped for a second day at eastern U.S. hubs as mild weather curtailed air-conditioning needs.
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Updated 46 minutes ago
Sony Corp. goes into its annual meeting with shareholders today riding a winning streak.
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Raytheon Co., the world’s largest missile maker, is challenging a Pentagon plan to use a Lockheed Martin Corp. anti-ship weapon and is asking for a chance to offer an alternative.
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