Job news boosts markets

A largely positive U.S. jobs report sent the stock market soaring as the Dow Jones industrial average traded above 15,000 for the first time before closing just below the mark and the broader Standard & Poor's 500 index closed at a record 1,614....

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Luxury rises to top 
at penthouse condo

Plagued by slow sales upon its completion in 2009, 45 Province St. is benefiting from the hot real estate market and is now building out some spectacular penthouse condos with fantastic views of downtown, the harbor, Back Bay and Cambridge. While it...

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States fear loss of health care aid

WASHINGTON — Thousands of people with serious medical problems are in danger of losing coverage under President Barack Obama's health care overhaul because of cost overruns, state officials say. At risk is the Pre-Existing Condition Insurance Plan,...

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Obama wraps up Latin trip with an eye back home

SAN JOSE, Costa Rica — President Barack Obama, concluding a three-day visit to Mexico and Costa Rica, is cheering Mexican economic advances and pressing other Central American leaders to deal with poverty and security while reaching out to a politically...

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CNN: Media critic Kurtz to address his own issues

NEW YORK — CNN says Howard Kurtz will address his mistaken story on gay basketball player Jason Collins on "Reliable Sources," the weekly media criticism show he hosts on the news network. Kurtz also worked for website The Daily Beast, which retracted...

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B&N to add Google Play app store to its Nook HD

NEW YORK — Barnes & Noble is teaming up with Google to vastly increase the number of apps available on its Nook HD tablets. The bookstore chain says it will add Google's Play app store to its 7-inch Nook HD and 9-inch HD+ products in the U.S. and...

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Casinos brace for impact of Internet gambling

ATLANTIC CITY, N.J. — With legal gambling now moving beyond the casinos and onto the Internet, the industry is bracing for the most far-reaching changes in its history. A Las Vegas firm, Ultimate Gaming, on Tuesday became the first in the U.S. to offer...

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Outgoing Alibaba CEO Ma says he's 'old' for Web

SANTA MONICA, Calif. — Alibaba founder Jack Ma, the billionaire who has run the Chinese e-commerce giant since 1999, says he's getting "a bit old" for the Internet. That's what the outgoing chief executive told a charitable event in Santa Monica Thursday...

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Nation adds 165,000 jobs in April; unemployment rate 7.5 percent

Total nonfarm payroll employment rose by 165,000 in April, and the unemployment rate was little changed at 7.5 percent, the U.S. Bureau of Labor Statistics reported today.Over the prior year, employment growth has averaged 169,000 per month. Employment...

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Warren Buffett says economy still improving slowly

OMAHA, Neb. — Investor Warren Buffett says the economy and U.S. job market continue to improve, but slowly. In an interview that aired Friday, Buffett said that business has been picking up at his Berkshire Hathaway conglomerate, but it hasn't been...

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Hospital system sues over failed bid for Landmark

PROVIDENCE, R.I. — A Massachusetts hospital chain has filed an anti-trust lawsuit alleging that insurer Blue Cross & Blue Shield of Rhode Island improperly blocked its bid to acquire the Landmark Medical Center in Woonsocket. Steward Health Care...

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Conde Nast launches Vogue, Wired video programming

NEW YORK — Conde Nast is launching a slate of Web series inspired by its the fashion magazine Vogue and the technology monthly Wired. The media company announced the new digital programming in a presentation to advertisers on Wednesday. The Vogue- and...

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Pickups spur increase in April auto sales

DETROIT — Detroit was king in April, with demand for its big pickups helping to boost U.S. auto sales and offset a soft month for Toyota. Ford, GM and Chrysler sold a total of 144,042 full-size pickups, up 29 percent from last April, driven by strength...

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Electric car maker CODA files for Chapter 11

LOS ANGELES — Electric car maker CODA Holdings Inc. filed for bankruptcy protection Wednesday after selling just 100 cars and said it plans to quit the auto business altogether. The Los Angeles-based parent of CODA Automotive filed for Chapter 11 bankruptcy...

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US jobless claims fall to 5-year low of 324K

WASHINGTON — The number of Americans seeking unemployment aid fell last week to seasonally adjusted 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring. The Labor Department said Thursday that weekly applications...

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Circulation numbers for the 10 largest newspapers

The top 10 U.S. newspapers by average weekday circulation October through March. The figures include digital editions such as those on tablet computers or restricted websites as well as branded editions, which include regional editions or those tailored...

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Digital fees pay off for 2 top-selling newspapers

NEW YORK — The Wall Street Journal remains the top-selling U.S. daily newspaper, but The New York Times has surpassed USA Today for second, thanks to an expansion into digital subscriptions, according to a report released Tuesday by an industry group....

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Boston business leaders praise Menino

Outgoing longtime Mayor Thomas M. Menino is scheduled to take a curtain call before city business leaders today when he addresses the Chief Executives Club of Boston. Menino's decison not to run for another term has sparked a rush of candidates to take...

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T-Mobile USA completes MetroPCS acquisition

NEW YORK — T-Mobile USA, the country's fourth-largest cellphone carrier, has completed its acquisition of smaller rival MetroPCS. T-Mobile is adding 9 million MetroPCS customers to its own 34 million. The combined company will still lag No. 3 Sprint...

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Chrysler US sales up 11 percent in April

DETROIT — Strong demand for the Ram pickup truck helped drive Chrysler's sales up 11 percent last month as the company posted its best April in six years. The increase is another sign that Americans continue to buy cars and trucks despite high unemployment...

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Dozens of air shows cancel without military jets

MILWAUKEE — Dozens of air shows that draw tens of thousands of people and generate millions of dollars for local economies have been cancelled this year after the military grounded its jet and demonstration teams because of automatic federal budget cuts....

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Owner is at nexus of Bangladesh politics, business

SAVAR, Bangladesh — When the cracks in the building appeared early Tuesday afternoon, a stocky man in his early 30s, a feared political operative who a neighbor says dropped out of school in seventh grade, quickly arrived at the scene in this crowded...

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Samsung Galaxy’s mostly a star

Remember when there were rumors swirling that Samsung's next Galaxy smartphone would include eye tracking? And then Samsung held a big event and announced the new Galaxy S4 would identify facial expressions and scroll down automatically — and pause videos...

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The Ticker

Smartphone sales over 50% of market With worldwide shipments of 216.2 million units during the first quarter, smartphones grabbed 
51.6 percent of the total mobile phone market, according to InformationWeek. This is the first time that hardware makers...

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IT startup Acorio beefing up work force

A Hub-based IT startup said it will use a recent seven-figure investment to increase its sales and delivery teams while also creating tools designed to "augment" the capabilities of ServiceNow's software-as-a-service platform. Acorio, which launched...

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