Boston Herald - Boston Herald

Boston Herald - Boston HeraldUK charges 4 in cyber theft from Barclays BankBay State defense firms get work despite cutsCambridge penthouse could be your castleMIT study: U.S. needs to step up manufacturingColonial Drug departs from Harvard SquareMagnificent...

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Boston Herald - Boston Herald

Boston Herald - Boston HeraldMuch-needed Hub condos on the wayPrice-y offices rise in Seaport3 mayoral candidates who understand innovationMIT prez: Fed budget cuts killing growthThe TickerCalifornia adopts ride-hailing service regulationsSenate passes...

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Deval Patrick: Surplus no substitute for tech tax

Gov. Deval Patrick chided lawmakers yesterday for their plan to replace the revenue of the soon-to-be-repealed tech tax with surplus funds, slamming it as an irresponsible "roll (of) the dice" amid the state's still-stretched budget. "I feel that the...

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Mass. computer contact had many problems

BOSTON — A state contract for a computer system to process unemployment claims provided few protections for taxpayers and little oversight of consultants, resulting in a system that arrived years late, millions of dollars over budget, and riddled with...

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Fed's stimulating words

The Federal Reserve's surprise move yesterday to postpone reducing its economic stimulus program sent stocks soaring and could help the housing market, but it also signals the economy has not rebounded as the Fed hoped, experts said. "(Outgoing Fed...

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Honda recalls Odyssey, Acura MDX for airbag defect

TOKYO — Honda Motor Co. said Thursday it is recalling 318,000 Odyssey minivans in the U.S. and 63,400 Acura MDX sport-utility vehicles in several nations for an airbag defect. The Japanese automaker said there have been no crashes related to the problem....

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Console stars of Tokyo Game Show not on sale yet

CHIBA, Japan — The Tokyo Game Show this year has two big stars, Sony's PlayStation 4 and the Microsoft Xbox One, the first new home consoles to go on sale in seven years. But neither console will be on sale in Japan until next year, far behind November...

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A guide to understanding Fed's actions Wednesday

WASHINGTON — When the Federal Reserve ends a policy meeting Wednesday, many investors expect it to announce a shift in course. What they don't want are any surprises. Pretty much everyone expects the Fed to take its first step toward slowing the economic...

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Markets subdued ahead of expected Fed tapering

LONDON — The mood in financial markets Wednesday was subdued ahead of a crucial policy statement from the U.S. Federal Reserve. The Fed is widely expected to begin reducing its monetary stimulus when it concludes its two-day policy meeting later. Since...

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Futures rising ahead of Fed's economic update

NEW YORK — Stock futures rose for the fourth consecutive day ahead of the latest economic outlook from the Fed. Dow Jones industrial futures rose 7 points to 15,472. S&P futures gained 1.5 points to 1,699.80. Nasdaq futures added 8.50 points to...

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Manchester United's full year revenues hit record

LONDON — English soccer champion Manchester United PLC projected Wednesday that it will generate revenues over $650 million in the current financial year as it posted record full-year revenues. United pointed to the enduring success of its commercial...

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Court decides if gay juror can be taken off case

SAN FRANCISCO — A multibillion dollar case between two giant pharmaceutical companies grappling over arcane antitrust issues has unexpectedly turned into a gay rights legal imbroglio that raises questions over whether lawyers can bounce potential jurors...

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Peabody man charged with defrauding seniors

PEABODY, Mass. — The secretary of state's office has charged a Peabody man with defrauding four elderly clients out of about $500,000. Secretary of the Commonwealth William Galvin says in an administrative complaint Monday that John Michael Babiarz...

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Futures edge higher as Fed kicks off 2-day meeting

NEW YORK — Stock futures edged higher in very light trading Tuesday as Federal Reserve policymakers gathered for a two-day meeting. Most expect some drawdown of a monthly $85 billion bond-buying program that has kept interest rates low, despite sketchy...

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Oil slips to near $106 ahead of Fed policy meeting

The price of oil slipped to near $106 a barrel Tuesday as investors got ready for an expected reduction in the U.S. Federal Reserve's monetary stimulus. By early afternoon in Europe, benchmark oil for October delivery was down 51 cents to $106.08 a...

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US consumer prices rise just 0.1 pct. in August

WASHINGTON — U.S consumer prices barely rose last month, the latest sign that slow economic growth is keeping inflation tame. The consumer price index increased just 0.1 percent in August, the Labor Department said Tuesday, after a 0.2 percent increase...

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Advocacy group cites Turkey press freedom crisis

ISTANBUL — A prominent press freedom advocacy group is asking Turkish Prime Minister Recep Tayyip Erdogan to take steps to end what it calls a crisis for journalists in Turkey. In a letter to Erdogan dated Sept. 16, the New York-based Committee to Protect...

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