Care.com shares skyrocket to $24.30

Shares of Waltham-based Care.com shot up yesterday, marking a successful first day of trading for the Boston area's first tech IPO in a year and a half. Care.com shares closed at $24.30, up nearly 43 percent from the IPO price of $17 per share. Coming...

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A call for oversight of Mass. for-profit colleges

BOSTON — Two top Massachusetts elected officials are trying to tighten regulations on for-profit colleges, arguing some of the schools are leaving students with high debt and without the skills needed to land a good job — all while reaping the benefit...

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US citizen and local filmmaker detained in Egypt

CAIRO — An American translator and an Egyptian filmmaker were detained in Cairo and have been held for three days in an undisclosed location, their lawyer said Saturday. Ahmed Hassan, a lawyer with the Hisham Mubarak Law Center, told The Associated...

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Gillette’s sales clipped by furry fashion

Boston Red Sox left fielder Jonny Gomes' remarks this week that his straggly beard will be gone before the start of spring training likely was welcome news across town at Gillette's World Shaving Headquarters. The beard fashion trend — championed by...

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Markets dive, but no panic

The stock markets tumbled yesterday, capping the worst week on Wall Street in nearly two years, but experts say the sell-off is simply an adjustment, not a long overdue correction after recent strong growth. Both the Dow Jones industrial average and...

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Commission to rule on surrounding communities

The state Gaming Commission will hear Tuesday from nine cities and towns whose petitions for surrounding community status have yet to be accepted by the three casino operators vying for two gaming licenses. Mohegan Sun, which wants to build at Suffolk...

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Global markets hit by fears of growth slowdown

Fear is back in the market. Investors are worried about slower economic growth in China, a gloomier outlook for U.S. corporate profits and an end to easy-money policies in the United States and Europe. They're also fretting over country-specific troubles...

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Coke: Stolen laptops had info of 74,000 people

Coca-Cola said Friday that laptop computers stolen from its Atlanta headquarters held the personal information of up to 74,000 people. The company has recovered the laptops and spokeswoman Ann Moore said Coca-Cola has no indication that the information...

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Wal-Mart's Sam's Club to cut 2,300 workers

NEW YORK — Wal-Mart Stores Inc. said it's eliminating 2,300 workers at its Sam's Club division as it reduces the ranks of middle managers in a bid to be more nimble. The layoffs, which cut 2 percent of the membership club's U.S. employee count of about...

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Foes of Obama trade pacts mostly fellow Democrats

WASHINGTON — Debates on lowering trade barriers can turn Congress upside down for Democratic presidents promoting such legislation. Business-minded Republicans suddenly turn into allies and Democrats aligned with organized labor can become outspoken...

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