Beacon pays steep markup to buy back Channel buildings

Beacon Capital Partners is back in the game at the Channel Center in South Boston's humming Fort Point Neighborhood. The Hub real estate investment firm purchased the properties at 7-9 Channel Center for $7.8 million and 10-20 Channel Center for $62...

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Owners make hay with Topsfield home

If you ask David Conley if he thinks he lives in a barn, he'll tell you that yes, in fact, he and his wife do call one home — a former cow barn on the old Eastgate dairy farm in Topsfield. Conley, a custom woodworker, started converting the 1880s structure...

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Lexus revamp is remarkable

What's better than hopping out of your car after a five-hour drive and not having to stretch for a minute to get the blood flowing? That's how good you feel after a cruise in the 2013 Lexus LS 460. Luxury performance and craftsmanship are Lexus hallmarks,...

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Obama says not threatened by China focus on Africa

PRETORIA, South Africa — President Barack Obama says he doesn't feel threatened by the fact that other countries, led by China, are investing in Africa. In fact, Obama says the more countries that come to Africa, the merrier. Obama says he's touring...

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Obama: Make climate change a must for your vote

WASHINGTON — President Barack Obama is urging Americans to make climate change a political litmus test, asking them to declare they won't vote for any politicians who don't protect future generations from environmental devastation. Obama says Americans...

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NASA launches sun-watching satellite from Calif.

VANDENBERG AIR FORCE BASE, Calif. — NASA launched a satellite late Thursday on a mission to explore a little-studied region of the sun and to better forecast space weather that can disrupt communications systems on Earth. Unlike a traditional liftoff,...

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Jeep owners worry about safety after recall deal

DETROIT — A deal between the government and Chrysler over Jeeps linked to deadly fires isn't sitting well with many Jeep owners and auto safety advocates. In early June, after a nearly three-year investigation, the National Highway Traffic and Safety...

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Microsoft wants to disclose data on FISA orders

WASHINGTON — Microsoft is asking a court to let it disclose data on national security orders the company has received under the Foreign Intelligence Surveillance Act. Microsoft made the request in a motion with the secretive Foreign Intelligence Surveillance...

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Online pharmacy crackdown shutters 1,677 websites

U.S. and international regulators have seized more than $41 million in illegal medicines worldwide and shut down 1,677 websites as part of their ongoing fight against counterfeit drugs sold over the Internet. The U.S. Food and Drug Administration said...

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Former New York, LA top cop Bill Bratton to NBC

NEW YORK — NBC News has hired former New York police commissioner and Los Angeles top cop Bill Bratton as a news analyst. Bratton, who also ran Boston's police department in a busy law enforcement career, will specialize in criminal justice policy,...

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Salem State University to purchase historic diner

SALEM — A diner that's listed on the National Register of Historic Places and was a former haunt of Red Sox legend Johnny Pesky will soon be owned by Salem State University. The school announced on Wednesday that it's reached an agreement to purchase...

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Feds tout Innovation District

Boston's growing Innovation District is an example for other cities that want to develop a cutting-edge startup culture, a federal official said yesterday. Winslow Sargeant, chief counsel for the Small Business Administration's office of advocacy, said...

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‘One Greenway’ to break ground

A pair of apartment and condo buildings on the border between Chinatown and the Rose Kennedy Greenway — a project expected to break ground next month — will be called "One Greenway," developers said yesterday. The 362-unit residential project at Kneeland...

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PayPal looks to conquer space (payments)

NEW YORK — PayPal wants to explore space — or at least begin to figure out how payments and commerce will work beyond Earth's realm once space travel and tourism take off. PayPal, which is eBay Inc.'s payments business, says it is launching an initiative...

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US unemployment benefit applications fall to 346K

WASHINGTON — The number of Americans seeking unemployment benefits fell 9,000 to a seasonally adjusted 346,000 last week, evidence that the job market is still improving modestly, despite signs of slower growth. The four-week average, a less volatile...

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Microsoft to unveil latest Windows adjustments

SAN FRANCISCO — Microsoft is giving people a peek into Windows 8.1, a free update that promises to address some of the gripes people have with the latest version of the company's flagship operating system. Although the preview version of Windows 8.1...

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Review: Ouya brings indie games to your TV

The ongoing explosion in independently developed, low-budget video games has been a boon for players who travel. Whether I'm on the road with an iPad, an Android smartphone or a laptop, I know there's a huge library of games to play. When I get home,...

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Pardoned financier Marc Rich dies in Switzerland

GENEVA — He was a wheeler-dealer pardoned by another consummate dealmaker, a working-class Jewish boy who left Belgium to escape the Nazis and rose to become the billionaire "King of Commodities." Marc Rich's connections to the rich and powerful not...

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San Francisco paper sues rival over low ad rates

SAN FRANCISCO — The San Francisco Examiner filed a lawsuit Tuesday alleging that the city's dominant daily newspaper, the San Francisco Chronicle, has slashed advertising prices to stifle competition. The suit claims Chronicle owner The Hearst Corp....

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US economy grows at slower 1.8 pct. rate in Q1

WASHINGTON — The U.S. economy grew at an annual rate of 1.8 percent in the first three months of the year, significantly slower than first thought. The steep revision was mostly because consumers spent less than previously estimated, a sign that higher...

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Downtown may bag grocer

Roche Bros. is in lease negotiations to open its first Boston grocery store in Downtown Crossing, sources told the Herald. The Wellesley-based, family-owned chain of suburban supermarkets is hammering out plans for its first urban market at Millennium...

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athenahealth Inc. gets tax break for 1,900 jobs

BOSTON — A company that's leading efforts to computerize health care records nationwide is promising to add 1,900 jobs in Massachusetts in an exchange for a state tax break. The Boston Globe reports that the agreement with athenahealth Inc. is the biggest...

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Asian markets still shaky on China credit concern

LONDON — Asia's main stock markets continued to fall Tuesday on concerns that trouble in China's credit system could hurt growth in the world's second-largest economy. Markets stabilized elsewhere, however, with European indexes rebounding. Chinese...

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Walgreen 3Q profit jumps but misses estimates

Walgreen Co.'s fiscal third quarter earnings jumped 16 percent compared to last year but the performance still missed Wall Street expectations. Shares of the nation's largest drugstore chain sank Tuesday almost 6 percent in premarket trading. The Deerfield,...

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US futures up; businesses ramp up orders for goods

NEW YORK — Volatile trading on Wall Street continued Tuesday as stock futures recovered from a big sell-off at the start of the week. Dow Jones industrial futures rose 79 points to 14,667. The broader S&P futures added 10.6 points to 1,576.80. Nasdaq...

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US to Hong Kong: Don't delay Snowden extradition

WASHINGTON — The Obama administration on Saturday sharply warned Hong Kong against slow-walking the extradition of Edward Snowden, reflecting concerns over a prolonged legal battle before the government contractor ever appears in a U.S. courtroom to...

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Voters in Mass. city approve Wynn casino deal

EVERETT, Mass. — Voters in Everett overwhelmingly approved an agreement between city officials and Las Vegas casino mogul Steve Wynn, who wants to build a $1.2 billion resort casino at the site of a former chemical plant on the Mystic River. Saturday's...

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Crowdfunders push SEC for investor OK

The startup community is anxiously awaiting SEC regulations that would allow crowdfunders to invest in a company instead of receiving a reward like a sticker, but some, including one state official, want to make sure the rules are clear and prevent fraud....

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Upstarts raise money for startups

Some recent graduates — hoping to escape from student debt, start a business or learn new skills — are using an innovative crowdfunding site to promise a percentage of their future earnings in exchange for cash in the short term. Rachel Honeth Kim,...

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Lenders are watching buyers’ credit up to the closings

WASHINGTON — You can call it Big Brother. You can call it high-tech snooping. But be aware: If you are applying for a mortgage in the coming weeks, you can be sure that your credit will be checked and re-checked — possibly monitored daily — to make certain...

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