Government fine hardly the end of GM recall saga

DETROIT — General Motors' agreement to pay a $35 million federal fine for concealing defects in small-car ignition switches and to give the government greater oversight of its safety procedures closes one chapter of the automaker's recall saga. But it's...

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Turkish miner who survived says company to blame

SAVASTEPE, Turkey — Miner Erdal Bicak believes he knows why so many of his colleagues died in Turkey's worst mining disaster: company negligence. And he knows one other thing — he's never going back down any mine again. Bicak, 24, had just ended his...

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Hub co. raises $12M for diet pill

A Boston biotech company working on a new kind of weight-loss pill to reduce obesity has received a 
$12 million boost from investors that it will use to continue clinical trials and development. "It will help you to lose weight ... by making you feel...

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Casino co. drops suit over tribal preference

A company that wants to build a resort casino in New Bedford has ended its legal battle with the state over a section of the gaming law that gives initial preference to a federally recognized Indian tribe in the southeastern part of the state. In court...

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Obama to trumpet tourism at Baseball Hall of Fame

WASHINGTON — President Barack Obama says he's heading to the Baseball Hall of Fame to stress how tourism can lead to good-paying jobs. In his weekly radio and Internet address, Obama says he'll be in Cooperstown, New York, on Thursday. Obama also is...

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Riots in Vietnam leave 1 Chinese dead, 90 injured

HANOI, Vietnam — A 1,000-strong mob stormed a Taiwanese steel mill in Vietnam overnight, killing at least one Chinese worker and injuring 90, Taiwan's ambassador said Thursday, the first deadly incident in a wave of anti-China protests prompted by Beijing's...

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Abramson replaced as NYT executive editor

NEW YORK — The New York Times on Wednesday announced that executive editor Jill Abramson is being replaced by managing editor Dean Baquet after two and a half years on the job. The company didn't give a reason for the change. Abramson and Baquet had...

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Markets muted after soft European growth figures

LONDON — A disappointing batch of economic growth figures out of Europe kept global stock markets in check Thursday as well as weighing on the euro. Eurostat, the EU's statistics office, said the economy of the 18 countries that share the euro saw economic...

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Bayer sells division to Boston Scientific

BERLIN — Germany's Bayer AG says it's selling its interventional division to the Boston Scientific Corporation for $415 million so that it can focus on growth in other areas. The Leverkusen-based company said Thursday the sale includes its AngioJet...

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Report: Mass. hospital profitability up last year

BOSTON — A new report says the overall profitability of Massachusetts hospitals improved last year, but 11 of the 64 still lost money. The 2013 fiscal year report released Wednesday by the Center for Health Information and Analysis said the total margin...

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The Ticker

Loretta's Last Call opens in June on Lansdowne St. The Lyons Group has a name for its new country, bluegrass and roots live music venue set to open on Lansdowne Street in June — Loretta's Last Call. The name comes from a guitar that the owners picked...

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Bowman: Handshake grip reveals a lot about your personality

There's nothing more common than the handshake. It's the universal greeting and a great way to make a strong first impression. But not too strong. As for its origin, think kings and castles. Whenever two knights would approach each other on horseback,...

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World stocks rise after new Wall Street highs

MANILA, Philippines — World stock markets rose Tuesday after Wall Street indexes hit record highs, with Japan's Nikkei 225 leading gains as the yen weakened. The Nikkei rose 2 percent, closing at 14,425.44 after a smaller-than-expected current account...

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Oil little changed as China data, Ukraine weighed

The price of oil was little changed Tuesday as signs of slower growth in China were tempered by ongoing tensions over Ukraine. Benchmark U.S. crude for June delivery was down 1 cent at $100.58 a barrel at 0910 GMT in electronic trading on the New York...

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European court: Google must yield on personal info

AMSTERDAM — People should have some say over the results that pop up when they conduct a search of their own name online, Europe's highest court said Tuesday. In a landmark decision, The Court of Justice of the European Union said Google must listen...

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Chinese stocks outperform world markets

LONDON — Stocks in China and Hong Kong outperformed Monday after authorities promised financial reforms. Markets elsewhere were solid after the Dow closed at a record high but kept in check by ongoing concerns over Ukraine. China's Shanghai Composite...

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Hillshire Brands buying Pinnacle Foods for $4.23B

CHICAGO — Hillshire Brands is buying Pinnacle Foods, whose brands include Duncan Hines, Bird's Eye, Hungry Man and Aunt Jemima, in a cash-and-stock deal valued at approximately $4.23 billion. The deal would expand Hillshire Brands' portfolio which includes...

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Allergan board turns down Valeant takeover offer

IRVINE, Calif. — Botox maker Allergan spurned a takeover bid from Valeant Pharmaceuticals, saying that the unsolicited offer worth nearly $46 billion undervalues the company and carries significant risk. Shortly after Canada's Valeant and activist investor...

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Cambodia's Caltex gas station workers on strike

PHNOM PENH, Cambodia — Workers at U.S.-owned Caltex gas stations in Cambodia went on strike Monday to demand higher wages and better working conditions. A strike leader, Sar Mora, said at least 250 Cambodian employees halted work, forcing at least 17...

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President tells China to get used to slower growth

BEIJING — China's president has told the country to get used to slower growth, damping expectations of a new stimulus. President Xi Jinping's weekend comments come amid weakening trade and manufacturing. Economic growth slowed in the latest quarter...

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Foreign buyers snap up homes

Home buyers in the Greater Boston area increasingly are finding themselves competing with foreigners willing to pay top dollar in today's tight real estate market. Michael DiMella, managing partner at Charlesgate Realty Group in Boston, said his firm...

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Startup something of a Mystery

A Boston startup is trying to bring a little mystery to people's lives, one package at a time. "We're thinking about how can we shake up consumers' lives in a fun way that they're actually looking forward to" said Joe Breed, co-founder, president and...

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Ford Focus’ interior acts like it’s a haunted house

I have a 2004 Ford Focus. When my car sits in the garage for a couple of days some of the dash lights and dome lights will stay on and there's a beep, even with no key in the ignition. I start the car, the beep stops and the dome light goes out but the...

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Lure of London makes Britain a billionaire haven

LONDON — A new study of the super-rich finds that London has become the capital of the world's wealthiest, with more billionaires than any other city. The Sunday Times, which published the list, says London has 72 residents whose fortunes exceed 1 billion...

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Rep. Rogers hopes for 'smart debate' on radio show

WASHINGTON — Come January, you'll find Mike Rogers on the radio dial rather than on Capitol Hill. The House Intelligence Committee chairman and ex-FBI agent is quitting Congress to host a daily radio show. The Michigan Republican says he'll work on...

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