British judge clears Madoff sons of wrongdoing

LONDON — A British judge has cleared Bernard Madoff's sons of wrongdoing in a case brought against them by the liquidator of his estate in Britain, saying in a written ruling that the pair's honesty was not in doubt. Judge Andrew Popplewell said Friday...

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Globe holds off closer

The John Henry era will soon begin at The Boston Globe — though not as early as originally hoped — as the broadsheet prepares to end two decades under the control of its out-of-town overlords. A source close to the deal told the Herald yesterday that...

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ABC and Univision's love child bursts to life

MIAMI — The long-awaited DNA exchange between ABC and Univision emerges from the test tube this month, aiming to stretch the limits of traditional network programming. The English-language television network, called Fusion, will target millennial Hispanics...

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The Ticker

JP Morgan reaches $4B deal with feds JPMorgan Chase & Co. has reached a tentative $4 billion deal with the U.S. Federal Housing Finance Agency to settle claims that the bank misled government-sponsored mortgage agencies about the quality of...

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Midtown luxury units sport perks

The developers of Millennium Place, a 15-story luxury complex in midtown, aren't just selling condos, but creating an upscale urban lifestyle. The three-bedroom condo we looked at had all the high-end amenities and views you'd expect with a price point...

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Stock market shakes off shutdown

Investors put the government shutdown and default threat behind them and got back to work yesterday, pushing the Standard and Poor's 500 index to a record close for the second straight day. "We've already seen a shift in the discussion from how to deal...

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Mass. panel to study black market tobacco trade

BOSTON — A special commission charged with studying the economic fallout of the illegal cigarette and tobacco trade in Massachusetts is preparing to hold its first meeting. The commission was created by state lawmakers to determine the magnitude of...

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RI sales tax panel to hear from Boston researcher

PROVIDENCE, R.I. — A special task force examining ways to change Rhode Island's sales tax is set to hear from a Boston-based researcher who studies how sales taxes affect the economy. The sales tax commission is scheduled to meet Monday at the Statehouse...

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Growing Cape OysterFest charges fee for first time

WELLFLEET, Mass — The Wellfleet OysterFest has a new feature this year that might be unwelcome: People have to pay to get in. The Cape Cod Times reports (http://bit.ly/1atTl36) that for the first time ever people will be charged to get into the festival...

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Calif. finds more instances of offshore fracking

LONG BEACH, Calif. — The oil production technique known as fracking has been occurring on offshore platforms and man-made islands off some of Southern California's most populous coastal communities. Interviews and drilling records obtained by The Associated...

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