The Ticker

787 ready for takeoff

Boeing said it sees commercial flights of its grounded 787 jets resuming "within weeks" even though it has not pinpointed the cause of battery overheating.

A Boeing exec said a new design for the lithium-ion battery system has safeguards to prevent overheating and measures to contain malfunctions. The 787 fleet was grounded worldwide after a battery fire in a Dreamliner parked at Boston's Logan International Airport and an overheated battery that led to an emergency landing of another 787 in Japan.

Hedge fund to pay $600M settlement

Hedge fund CR Intrinsic Investors will pay more than $600 million in what federal regulators are calling the largest insider trading settlement ever.

The Securities and Exchange Commission charged the firm with insider trading in 2012, alleging that one of its portfolio managers illegally obtained confidential details about an Alzheimer's drug trial from a doctor before the final results went public and traded on that information.

Fenway residential project passes

The Abbey Group expects to start construction of its residential complex at 1282 Boylston St. within months, after a revised plan won approval from the Boston Redevelopment Authority.

The $305 million development, located on the site of a former McDonald's fast-food restaurant, has been increased to nearly 350 apartments and condos, including 38 affordable units.

Unitarian Universalists moving HQ

The Unitarian Universalist Association will sell its longtime Beacon Hill headquarters and move to Boston's Fort Point neighborhood.

Facing costly renovations, the religious group will sell 25 Beacon St. and three nearby properties. It will move into three floors at 24 Farnsworth St. under a lease with an option to buy the six-story brick-and-beam building from owner Davis Cos.

Patriots to expand their Place

The Kraft Group, owner of the New England Patriots, floated plans to expand the shopping center next to Gillette Stadium in Foxboro.

Patriot Place would gain a 125- to 150-room hotel, a 14,500-square-foot retail store and a 4,500-square-foot "quick serve" restaurant.

• Zipcar CEO Scott Griffith announced he's leaving the Cambridge car-sharing company, hours after it was acquired by Avis Budget Group for nearly $500 million. Griffth joined Zipcar in 2003.
• Bullhorn founder and CEO Art Papas has been named to the board of directors of Career Collaborative, a nonprofit organization that helps low-income adults find and keep jobs with career potential.

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