The Ticker

Cape Wind foes file federal appeal in suit

A Cape Cod town and other local opponents of the Cape Wind energy project are seeking another chance to block the long-planned $2.6 billion offshore facility.

The town of Barnstable, the Alliance to Protect Nantucket Sound, local businesses and residents filed a legal brief with the U.S. Court of Appeals in Boston this week seeking to overturn a lower court decision dismissing their lawsuit, which alleged that the state illegally coerced utility Nstar to purchase power from the Cape Wind project.

The plaintiffs argue that U.S. District Court Judge Richard Stearns' ruling in May was "gravely flawed" because it concluded that their lawsuit was barred by the U.S. Constitution's 11th Amendment, which largely shields states from lawsuits in federal court made without their consent.

FBI probes hacking of JPMorgan Chase

The FBI is investigating a hacking attack on
JPMorgan Chase and at least one other bank, according to reports citing unnamed sources familiar with the matter.

A report on Bloomberg.com says the FBI is investigating an incident in which Russian hackers may have retaliated against U.S. government-sponsored sanctions against the country. The attack, Bloomberg says, led to the loss of sensitive data. Bloomberg cited security experts saying that the attack appeared "far beyond the capability of ordinary criminal hackers."

In a statement, JPMorgan spokeswoman Trish Wexler said companies "of our size unfortunately experience cyber attacks nearly every day. We have multiple, layers of defense to counteract any threats and constantly monitor fraud levels." Wexler did not confirm the reports.

The FBI did not immediately respond to messages for comment.

Today

 Labor Department releases weekly jobless claims.

 Commerce Department releases second-quarter gross domestic product.

 Freddie Mac, the mortgage company, releases weekly mortgage rates.

 National Association of Realtors releases pending home sales index for July.

TOMORROW

 Commerce Department releases personal income and spending for July.

THE SHUFFLE

Cambridge-based Tokai Pharmaceuticals Inc., a biopharmaceutical company focused on developing novel therapies for prostate cancer and other hormonally-driven diseases, has announced the appointment of Daniel T. Dransfield, Ph.D., as vice president and head of translational medicine. Dransfield, formerly vice president of discovery research and translational medicine at ArQule Inc., brings more than 20 years of drug development and research experience to Tokai.

Do you have a new hire or promotion to announce? Send items with photos for The Shuffle to bizsmart@bostonherald.com.

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