SEC rejects $18M deal with Falcone, hedge fund

WASHINGTON — The Securities and Exchange Commission has rejected an $18 million settlement that would have banned billionaire hedge-fund manager Philip Falcone from the securities industry for two years. Falcone and Harbinger Capital Partners were told...

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FAA wants Dreamliner transmitters inspected

WASHINGTON — Airlines should inspect the emergency locator transmitters of all Boeing 787 "Dreamliners," the Federal Aviation Administration urged Friday following a fire earlier in the week aboard one of the airliners while parked at London's Heathrow...

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Squantum home’s a day at the beach

If you want to feel like you're on vacation year round, this waterfront house for sale in the Squantum neighborhood of Quincy comes complete with deeded access to a private beach. Built in 2008 by Realtor/owner Theresa Repoff, the three-bedroom single...

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Wall Street shrinking tech giants’ share prices

The tech sector is fizzling as big-name companies continue to struggle on Wall Street as earnings reports come in lower than expected. Microsoft fell the most in more than four years after the company wrote off nearly $1 billion on its new tablet computer...

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Arthur DeMoulas fits Market Basket to a T

Market Basket shoppers, workers and shareholders dodged a bullet Thursday when the grocery chain's board backed away from a proposal to fire CEO Arthur T. Demoulas, according to a former independent board member. "There's no question in my mind that...

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Crushing on my Candy addiction

The formula for consistent social media profits has been cracked, or perhaps more accurately, crushed. Unfortunately, the solution is eating my soul. Let me back up. "Candy Crush Saga" is the most popular social media game ever, and the most addictive....

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The Ticker

Demolition to make way for Millennium Tower This weekend Suffolk Constructon will demolish the remainder of a 1905 building at the corner of Franklin and Hawley streets that housed part of Filene's. This will allow developer Millennium Partners to begin...

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Value shoppers turn to used cars

With used-car prices falling and the quality of late-model cars improving, buyers are now getting a lot more bang for their buck. Recent redesigns, especially in the midsize- and compact-sedan segments, have left the used-car market full of vehicles...

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Obama commends work of consumer protection agency

WASHINGTON — President Barack Obama is commending the work of a consumer protection agency created after the economic crisis. The Consumer Financial Protection Bureau got its first permanent director this week after the Senate voted to install Richard...

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Italy: 5 convicted for Costa Concordia shipwreck

GROSSETO, Italy — Five employees of an Italian cruise company were convicted Saturday of manslaughter in the Costa Concordia shipwreck that killed 32 people, receiving sentences of less than three years that lawyers for victims and survivors criticized...

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