Ariad shares dive as drug sale halted

Ariad Pharmaceuticals' stock plunged yesterday on news that the Cambridge company was suspending sales of its leukemia drug Iclusig because of concerns that patients taking it could suffer life-threatening blood clots. Shares dropped more than 44 percent...

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Here’s why homes don’t sell

If your house isn't selling, don't despair — try jazzing it up online. Inventory in the Metro Boston region is down 
62 percent from a year ago while prices are up 9 percent, so there's hope. But buyers are first turning to real estate websites before...

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Asia stocks muted on prospect Fed to trim stimulus

MUMBAI, India — Asian stocks markets were muted Friday as investors continued to fret that the U.S. Federal Reserve bank will begin cutting its stimulus as soon as January. Japan's Nikkei 225, the regional heavyweight, fell 1.2 percent to 14,155.81,...

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Glassy Fan Pier condo complex breaks ground

The Fallon Co.'s groundbreaking yesterday for a 118-unit, luxury condominium tower on the South Boston waterfront — the premiere product of its $3 billion Fan Pier development — is a clear signal that the already-robust market for the Seaport District...

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The Ticker

U.S. adds only 130,000 jobs in October The 16-day government shutdown hurt job growth in the private sector this month with only 130,000 jobs added, a drop of 15,000 from September, according to ADP's National Employment Report. Service industries...

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Fed fear factor sinks world stock markets

KUALA LUMPUR, Malaysia — Global stock markets were mostly lower Thursday, spooked by concerns that the Federal Reserve may start withdrawing its economic stimulus from January. In its latest policy statement, the U.S. central bank said Wednesday it...

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Asia stocks rise on hopes Fed to maintain stimulus

MANILA, Philippines — Asian stocks rose Wednesday after the Dow Jones industrial average hit an all-time high on expectations the Federal Reserve will keep its economic stimulus fully in place until next year. Japan's Nikkei 225 was up 1.1 percent at...

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Communist Cuba's new private industry: 3D theaters

HAVANA — The streets of central Havana were dark and almost silent as a young married couple climbed a chipped marble staircase to the top of an aging building. Dubied Arce and Dayelin Perez opened a narrow door to a flood of cold air, colored light...

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Mass. now manages 200K acres in conservation land

WEST STOCKBRIDGE — State officials are marking a milestone in land conservation after another 3,525 acres was protected during the 2013 fiscal year, bringing the statewide total to more than 200,000 acres. The Department of Fish and Game announced Tuesday...

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Developer drills one in Fenway

The Boston-based Abbey Group broke ground on the $200 million Viridian mixed-use project on Boylston Street yesterday, just blocks from Fenway Park, with a projected completion date of spring 2015. "It will enhance our economic strength, create jobs...

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New Microsoft center to be window on Mass. innovation

Microsoft New England is launching a technology policy center in Cambridge to increase the computing giant's involvement with industry and government in Massachusetts, the company said. The Microsoft Innovation & Policy Center in Kendall Square...

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Liz channels Ted on NIH $$

U.S. Sen. Elizabeth Warren took a step into the late U.S. Sen. Edward M. Kennedy's shoes yesterday, calling for a "nonpartisan" effort to double the funding of the National Institute of Health that could pay huge dividends for Massachusetts. "I'm calling...

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Hub FEMA maps may unleash flood of anger

Property owners in Suffolk County, including Boston's booming Seaport District, are bracing for the release of FEMA's new flood zone maps, which could force hundreds of owners to get costly insurance for the first time and jack up rates for those who...

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Apple sweetens suite of apps

Apple's newly upgraded suite of productivity and lifestyle apps makes the iPad feel much more like a full-fledged computer. Many consumers can now grab one of those keyboard accessories for the iPad and forget about their laptop. Simply put: It's a...

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Niki Tsongas to address Merrimack Valley businesswomen

HAVERHILL  — U.S. Rep. Niki Tsongas is scheduled to be the keynote speaker at the Merrimack Valley Chamber of Commerce Women in Business Conference. The conference is scheduled for Monday the Phoenician Restaurant in Haverhill. The Democrat is...

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Accelerating growth

MassChallenge, the Bay State's groundbreaking global startup accelerator and competition, is planning an extensive expansion that will include manufacturing facilities and outposts in Israel as well as potentially Europe, Asia and South America, according...

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Aereo’s CEO signals more hiring in Hub

Internet TV company Aereo continues to expand and is looking to Boston to beef up its engineering staff even as it faces lawsuits across the country from broadcast industry giants. "Our expectation was there would be a lot of controversy around this,...

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GOP hopes 'Obamacare' woes have staying power

WASHINGTON — For nearly five years, Republicans have struggled to make a scandal stick to President Barack Obama's White House. One by one, the controversies — with shorthand names such as Solyndra, Benghazi, and Fast and Furious — hit a fever pitch,...

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