Hotel builder changing up plans again

The company behind a proposed hotel in Boston's Theatre District has again switched its development strategy, this time reverting to plans for a microhotel, with increases in the number of rooms and the building's height. Amherst Media Investors now...

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Biogen drug boosts stock

An experimental Azheimer's drug from Biogen Idec dramatically slowed the disease's progression in a small study — a stunning finding that analysts and doctors say could save millions of lives and lead to a financial boon for the Cambridge biotech firm....

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Marty Walsh, mayors to focus on finance

Mayor Martin J. Walsh will join mayors from around the country tomorrow to discuss wage inequality and financial literacy as City Hall says nearly half of Bostonians would struggle to live above the poverty line for three months after a job loss or significant...

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Icy return of boats not all its quacked up to be

The launch of the duck boats is a rite of spring, but this year even the amphibious vehicles have fallen victim to the unseasonably cold and snowy winter. Boston Duck Tours will begin its 21st season today, but with some special measures to avoid frozen...

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Hot Property: Southie church split up into 20 luxury condos

Luxury condos in the former St. Augustine's Church in South Boston have hit the market, offering buyers an opportunity to live in new, modern units amid high Victorian Gothic architecture, with soaring ceilings and arched windows. Twenty two- and three-bedroom...

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The Ticker

New Bedford inks 
casino, developer dealer reach casino deal The developer of a proposed casino in southeastern Massachusetts has reached an agreement with New Bedford as the company competes for the state's final resort casino license. New York City-based...

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Target breach settlement on track for $10M

A Boston lawyer, whose suit against Target Corp. over its staggering 2013 data breach was consolidated into a national class-
action complaint, endorsed a 
$10 million settlement that yesterday won preliminary approval. Preston W. Leonard said the settlement...

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BRA chief touts disclosure rule

If Massport adopted the same policy as the BRA on requiring developers to divulge names of equity partners, it would shed light on the silent investors on bids to build an $800 million mega hotel in the Seaport District, the head of the city authority...

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GOP defense hawks, fiscal conservatives battle over budget

WASHINGTON — A battle between GOP defense hawks and fiscal conservatives prompted the GOP chairman of the House Budget Committee late Wednesday to delay a vote on his party's budget blueprint. Rep. Tom Price, R-Ga., called off a vote on a move by GOP...

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USA Today offering buyouts to 90 veteran staffers age 55 and older

USA Today will offer buyout packages to about 90 employees who are 55 and older with more than 15 years of experience across all units, its parent company Gannett announced Wednesday. The company said the buyouts are part of a cost-cutting measure in...

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Fed redefines the unemployment range it considers acceptable

WASHINGTON — The Federal Reserve was in a tough spot: The February U.S. unemployment rate of 5.5 percent is right where the Fed had been saying inflation would likely start to accelerate. Yet inflation remains even lower than the Fed wants it to be....

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Yahoo to close China operations

Yahoo is to close its last operations in China and to shed up to 300 jobs in the country, according to reports. The company said on Wednesday that it would close its research center in Beijing and shift some of those functions into its offices in the...

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Attorney General Maura Healey, lawmakers file e-cig regulations

Attorney General Maura Healey yesterday took the first step toward regulating e-cigarettes to keep them out of the hands of children as other lawmakers vowed to push ahead with more rules for the nicotine delivery devices. "It's very important that...

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China announces audit of state company assets abroad

BEIJING — The Cabinet agency that oversees China's biggest banks, oil producers and other government companies has announced plans to have outside auditors examine their foreign assets in a new move to tighten control over state industry. The announcement...

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Massport boss: No hotel bid info for now

The head of Massport told the Herald yesterday he has no intention of publicly releasing the six bids to build an $800 million "headquarters hotel" on 
authority-owned land as part of the $1 billion Boston Convention & Exhibition Center expansion...

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First direct flights between New York and Cuba taking off

NEW YORK — The first direct charter flights between New York City and Cuba are now taking off. Cuba Travel Services has started offering a weekly Tuesday charter between John F. Kennedy International Airport and Havana. The flights are operated by Sun...

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Report: Apple set to launch 25-channel online TV service

Apple is set to launch a 25-channel TV service this fall from broadcasters including ABC, CBS and Fox. The slimmed-down bundle will stream channels live to Apple TV, iPhones, iPads and devices using Apple's iOS, according to the Wall Street...

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Business Protocol: Make ‘Madness’ work at work

The phenomenon known as "March Madness" has officially launched, and it's predicted that more than 60 million Americans will participate in some way. The question is: Will any work get done? Employees across the nation are sure to take time out of...

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Anti-graft probe targets PetroChina vice chairman

BEIJING — The vice chairman of China's biggest state-owned energy company has become the latest prominent executive targeted by Communist Party investigators in a spreading anti-corruption campaign. Liao Yongyuan, vice chairman of PetroChina Ltd., is...

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Asia stocks jump, Europe muted ahead of Fed policy meeting

SEOUL, South Korea — Asian stocks markets jumped Tuesday while Europe got off to a lackluster start as investors cheered the prospect of stimulus in China and second guessed what signals the Federal Reserve will give on interest rates at its policy meeting...

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Booting Up: Chang’s embrace of technology intrigues

Tommy Chang, Boston's incoming superintendent of schools, wants to talk about something called the three-screen day — where students are focused on learning content, producing content and sharing content on a computer, tablet and smartphone — nearly...

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Fish fraud program unveiled

In an effort to eradicate illegal fishing and seafood fraud, the Obama Administration is launching a fish tracking system that would eventually tell consumers where their fish was caught, processed and stored. U.S. Deputy Secretary of Commerce Bruce...

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Analysts fret over cuts to hep C budget

Gov. Charlie Baker's attempt to trim spending with cuts to hepatitis C prevention could be penny-wise and pound-foolish, boosting the demand for costly treatment, forcing the state to shoulder perhaps a larger financial burden, health care watchers say....

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China stocks jump on stimulus hope, other markets await Fed

HONG KONG — Chinese stocks surged Monday to their highest in half a decade on hopes of new government stimulus. Other world markets awaited a Federal Reserve meeting this week that may set the stage for the first U.S. interest rate hike since the global...

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Officials: Listeriosis not cause of 3 deaths, may be factor

KANSAS CITY, Mo. — A foodborne illness linked to some Blue Bell ice cream products might have been a contributing factor in the deaths of three hospital patients in Kansas, health officials said Saturday. But listeriosis didn't cause the deaths, according...

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Gigaom writer says tech blog's abrupt shutdown was about debt and hubris

The abrupt shuttering of Om Malik's leading technology blog, GigaOm, on Monday caught many by surprise — even its own media writer didn't see it coming. "Like many of my former colleagues, I am still trying to process all of the feelings and thoughts...

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Juries in the drivers' seats

Two federal lawsuits brought by a Boston labor attorney are going to trial thanks to rulings by federal judges in California last week — with vast implications for Uber and Lyft. "The judges soundly rejected the companies' arguments that they are not...

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BCEC expansion weighed against other needs

Boston officials yesterday weighed in on the debate over spending $1 billion to expand the Boston Convention & Exhibition Center amid a deep budget deficit and a crumbling public transit system. "In difficult economic times we have to look at every...

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