Alibaba stock soars in jubilant trading debut

NEW YORK — Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO that offered eager investors seemingly unlimited growth potential and a way to tap into the burgeoning Chinese middle class. The sharp...

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BRA backs housing on Mission Hill

City officials this week endorsed a proposed 
$138 million project that stands to transform the lower end of Mission Hill with the redevelopment of two long-vacant lots into 305,750 square feet of apartments and commercial space. Mission Hill Neighborhood...

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iPhone 6 buyers pack Back Bay Apple store

Apple devotees are trying out their new supersized cellphones after they lined up outside the Apple store on Boylston Street early yesterday to be the first to get their hands on the new iPhone 6 and iPhone 6 Plus. Many of them woke up at the crack...

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Chamber eyes innovator

Expect big changes, including strengthening the connection with innovation businesses, once the Greater Boston Chamber of Commerce finds a new leader, said the head of the search committee looking for a replacement for retiring President Paul Guzzi....

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Astronauts getting 3-D printer at space station

CAPE CANAVERAL, Fla. — The 3-D printing boom is about to invade space. NASA is sending a 3-D printer to the International Space Station in hopes that astronauts will be able to one day fix their spacecraft by cranking out spare parts on the spot. The...

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Review: Larger iPhones eliminate reason to switch

NEW YORK — It's easy to dismiss Apple's new iPhones as merely catching up to Android. After all, phones running Google's Android system long have had larger screens. In addition, many Android phones already have the wireless chips that iPhones are getting...

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Yahoo rakes in another jackpot from Alibaba's IPO

SAN FRANCISCO — Yahoo is making amends for years of blundering with one smart move: an early investment in China's Alibaba Group that has turned into a multibillion-dollar boon. The latest windfall will be delivered with Alibaba's record-setting IPO...

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Prostate cancer death rate in Boston puzzles researchers

Despite its status as a health care mecca, the Boston area has some of the highest numbers of prostate cancer-related deaths in the state, according to a local nonprofit health group. "If you look at prostate cancer mortality rates, you will see that...

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Hot Property: Competition for condos in Boston hits fever pitch

Shawn Tobin and his girlfriend spent six months looking for a condo in South Boston, trudging out to hundreds of places. "You'd see the same faces at open houses every Saturday and Sunday, like a comical death march," said Tobin, a 28-year-old who works...

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Tia Carrere lists mountain top estate in Topanga

A little birdie landed in our digital mailbox this morning to let us know that two-time Grammy winning actress/singer Tia Carrere put her multi-acre estate in Topanga, CA, up for grabs at $2,595,000. Property records show the season 5 "Celebrity Apprentice"...

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Eddie Andelman 
honored as Media Legacy

Herald Radio sports talker Eddie Andelman said it was "thrilling" and "overwhelming" to receive the Media Legacy Award commemorating his more than 42 years on the radio at last night's The Tradition celebration of Boston sports at the TD Garden. "The...

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Fed keeps rates low, but brace for the inevitable

WASHINGTON — Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday. Enjoy the easy money while it lasts. By mid-2015, economists expect the Fed to abandon a nearly 6-year-old policy of keeping...

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The Ticker

Dow closes at record as Fed keeps rates intact The Dow Jones industrial average closed at a record high yesterday after the Federal Reserve maintained its stance on record-low interest rates. The Dow rose 24 points, or 0.2 percent, to close at 17,156,...

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FutureM speaker predicts world of smart products

The not-too-distant future will be full of Internet­connected devices, from watches to cars to suit­cases, according to Massachusetts Institute of Technology professor David Rose, and they will transform our every­day lives. "It will shock all of us,...

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Review: Devices, apps act like one under iOS 8

NEW YORK — The scores of new features in Apple's software update for mobile devices can be boiled down to one word: unity. Many iPhone owners also have iPads and Mac computers, and family members are likely to have Apple devices, too. With the new iOS...

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FedEx tops Street 1Q forecasts

MEMPHIS, Tenn. — FedEx says it plans to hire more than 50,000 extra workers to handle another record year for holiday-season package deliveries. That's up from last year, when FedEx announced it would hire 20,000 seasonal workers. FedEx announced its...

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CBS permanently drops Rihanna tune from 'Thursday Night Football' opening

CBS said it would permanently drop use of Rihanna's "Run This Town" from the opening of its "Thursday Night Football" after the singer expressed dissatisfaction on Twiter with the network's deletion of the song from last week's broadcast. Apparently,...

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US consumer prices fall 0.2 percent in August

WASHINGTON — U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control. Consumer prices edged...

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Cuts to food stamps will only hit 4 states

WASHINGTON — Cuts to the nation's food stamp program enacted this year are only affecting four states, far from the sweeping overhaul that Republicans had pushed, an Associated Press review has found. As a result, it's unclear whether the law will realize...

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US current account deficit dips to $98.5 billion

WASHINGTON — The U.S. current account trade deficit narrowed slightly in the April-June quarter, reflecting gains in exports of oil and civilian aircraft and a bigger surplus in Americans' overseas investment earnings. The deficit in the current account...

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Dish adds Food Network, HGTV and other Scripps networks to Internet TV lineup

Dish Network is another step closer to launching a cheaper over-the-top TV service, obtaining rights to deliver live and on-demand content from Scripps Networks Interactive's suite of cablers including Food Network, HGTV and DIY Network. The No. 2 satcaster...

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US producer prices unchanged in August

WASHINGTON — A measure of prices that producers receive for their goods and services was unchanged in August, the latest sign that inflation is in check. Wholesale gas prices fell 1.4 percent last month and food costs dropped 0.5 percent, the Labor...

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Kent State scolds Urban Outfitters’ red-splattered sweatshirt

Kent State University and many on the Internet criticized Urban Outfitters Inc. on Monday for selling a sweatshirt with its college logo and what appears to be splattered blood, saying it evoked memories of the 1970 shooting where four students died....

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Another Atlantic City bust: Trump Plaza closes

ATLANTIC CITY, N.J. — Trump Plaza Hotel & Casino closed its doors early Tuesday, the fourth Atlantic City casino to go belly-up so far this year. When it opened on May 14, 1984, Donald Trump called it the finest building in Atlantic City, and possibly...

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US to assign 3,000 from US military to fight Ebola

WASHINGTON — The Obama administration is ramping up its response to West Africa's Ebola crisis, preparing to assign 3,000 U.S. military personnel to the afflicted region to supply medical and logistical support to overwhelmed local health care systems...

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US wealth gap putting the squeeze on state revenue

WASHINGTON — Income inequality is taking a toll on state governments. The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according to a report being released Monday by Standard &...

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New study on 'income inequality' looks at Mass.

BOSTON — Advocates for changing Massachusetts' personal income tax may have new fuel for their campaign, as a new national study suggests a more progressive income tax that requires wealthier individuals to pay higher tax rates could help states deal...

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Building a better lightbulb

Philips Hue Lux Lightbulb ($29.95 and up each or $100 for a two-bulb starter kit with the Philips Bridge, various retailers)The rumors are true: Lightbulbs are now smart. And the Philips Hue Lux line of smart home lighting aims to be the smartest of...

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Booting Up: GM rolling out Wi-Fi across product line

The nightmare of a long drive jammed in a car with all your nearest and dearest could soon be over. In just a few years, family road trips may seem vastly different: Passengers will be able to have their own devices to play a game, stream a movie, or...

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Safety agency investigates Ford Fiesta latches

DETROIT — U.S. safety regulators are investigating complaints that the doors won't latch properly on some Ford Fiesta subcompact cars. The probe announced Monday covers about 205,000 Fiestas from the 2011 through 2013 model years. The National Highway...

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Sun-exposure tracking device to help users see the light

A MassChallenge finalist says it's developed the first solar-powered, wearable sun-exposure tracker to improve energy, mood and focus, regulate sleep cycle, and monitor ultraviolet light exposure. Founded by two Harvard Medical School psychiatry professors,...

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MassChallenge’s global scale

MassChallenge, already the world's largest startup accelerator and competition — with programs in Boston, Israel and, in the coming months, the U.K. — continues to push the envelope of international expansion, exploring the possibility of similar programs...

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Bottle bill foes pour cash into campaign

Well-funded opponents of a ballot question to expand Massachusetts' bottle bill to include 5-cent deposits on bottled water, juice and sports drinks will begin a TV advertising campaign tomorrow to push their cause before the November election. But...

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Samsung accuses LG execs of damaging its products

SEOUL, South Korea — Samsung Electronics Co. has accused senior executives of domestic rival LG Electronics Inc. of intentionally vandalizing its washing machines at retail stores in Germany and has asked for an official investigation. In a statement...

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