Former IOC executive Gunnar Ericsson dies at 94

LAUSSANE, Switzerland — Gunnar Ericsson, a long-time International Olympic Committee executive and former member of the executive committee, has died. He was 94. The IOC says on its website that the former Swedish parliamentarian died Tuesday but did...

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Ala company providing charity tracking software

BIRMINGHAM, Ala. — Charities in northwest Alabama had a problem after Hurricane Katrina blasted the northern Gulf Coast in 2005: They didn't know how to keep track of thousands of people who were suddenly on the move and seeking help far from their homes...

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Avoiding health insurance gaps takes persistence

CHICAGO — The deadline has passed, and so too the surprise grace period, for signing up for health insurance as part of the nation's health care law. Now what? For those who were able to navigate the glitch-prone and often overwhelmed HealthCare.gov...

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Health care site put to the test as deadline nears

CHICAGO — The government's retooled health care website was put to its biggest test yet as record numbers of Americans rushed to beat Tuesday's extended deadline for signing up for insurance. After a disastrous, glitch-filled rollout in October, HealthCare.gov,...

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Astronauts complete rare Christmas Eve spacewalk

CAPE CANAVERAL, Fla. — Space station astronauts repaired a crippled cooling system during a rare Christmas Eve spacewalk Tuesday, braving a "mini blizzard" of noxious ammonia as they popped in a new pump. It was the second spacewalk in four days for...

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Post Office stuffs stockings with 3-cent stamp hike

The U.S. Postal Service delivered a surprise on Christmas Eve that may land them on some naughty lists as it announced a temporary 3-cent price increase on first-class stamps. The hike, approved by an independent Postal Regulatory Commission, will raise...

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Retailers tighten holiday policies to thwart fraud

If you didn't like your gift today, take note. Some retailers have tightened their return policies in a continuing attempt to curb fraud that will cost the industry an estimated $3.4 billion during this year's holiday period. Return deadlines at Best...

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Phishing scammers go after Target data breach victims

Target Corp. is warning of "phishing" scam emails aimed at customers whose card information was compromised under the breach of its point-of-sales system. "We are aware of limited incidents of phishing or scam communications," spokeswoman Molly Snyder...

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Health insurance guide: 3 next steps for enrollees

The Christmas Eve deadline to enroll via HeatlhCare.gov for health care insurance that starts Jan. 1 has passed. The federal website received 2 million visits on Monday, and heavy — but not as heavy — traffic on Tuesday. A White House spokeswoman said...

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Activists: Over 400 killed in Aleppo bombings

BEIRUT — A Syrian human rights group says more than 400 people have been killed during a government bombardment of rebel-held areas of the northern city of Aleppo, and more than one-quarter of the victims are children. Rami Abdurrahman of the British-based...

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Ex-BP engineer convicted on 1 obstruction charge

NEW ORLEANS — A former BP drilling engineer was convicted Wednesday of deleting text messages from his cellphone to obstruct a federal investigation of the company's massive 2010 oil spill in the Gulf of Mexico. He was found guilty on one charge and...

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Janet Rowley, cancer genetics pioneer, dies at 88

CHICAGO — Dr. Janet Rowley, a pioneer in cancer genetics research, has died at age 88. The University of Chicago, where Rowley obtained her medical degree and spent most of her career, says in a statement she died Tuesday of ovarian cancer complications...

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JPMorgan Chase sues FDIC for more than $1B

JPMorgan is suing the Federal Deposit Insurance Corp. to recover more than $1 billion tied to its purchase of Washington Mutual when that bank failed in 2008. In a federal court complaint, the biggest U.S. bank said that the FDIC failed to honor obligations...

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Delta: No voice calls on our planes

MINNEAPOLIS — Delta Air Lines won't allow passengers to make voice calls from its planes. Right now, federal rules prohibit voice calls on planes. But the government is indicating that it might loosen those rules. If that happens, it could be up to...

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Calif. wine collector convicted of fraud in NY

NEW YORK — A California wine collector has been convicted of fraud at a trial in New York. Rudy Kurniawan was expressionless as the verdict was rendered Wednesday. Prosecutors say Kurniawan put on a "magic show" to fool aficionados into thinking he...

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SABMiller announces death of its chairman

LONDON — Graham Mackay, the SABMiller PLC chairman who helped guide the company from a South African industrial conglomerate into one of the world's biggest brewers, died Wednesday after suffering from a brain tumor. He was 64. Mackay helped lead the...

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Ford shares drop 7 percent on profit outlook

DETROIT — Shares of Ford Motor Co. fell more than 7 percent Wednesday after the company warned that profits next year would soften from near-record levels in 2013, and its targets for profit margins in the middle of the decade could be at risk. Ford...

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Report: $4.5 million seized from bank chief's home

ANKARA, Turkey — Istanbul police, who are leading a major corruption and bribery investigation targeting allies of Prime Minister Recep Tayyip Erdogan, have seized shoeboxes stashed with $4.5 million in cash at the home of a state-owned bank's chief...

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Global stocks rise on bet Fed won't taper yet

PARIS — Global stocks mainly rose Wednesday as investors appeared increasingly confident that the U.S. Federal Reserve won't announce a reduction in its economic stimulus later. The Fed's $85 billion of monthly bond purchases have kept U.S. interest...

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Investors wait for final Fed decision of 2013

NEW YORK — Stocks were flat on Wall Street on Wednesday as investors wait for the Federal Reserve to end its last two-day policy meeting of 2013. Homebuilder stocks rose sharply after the government reported that construction of new homes surged in...

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Markets sluggish despite seeming US budget deal

LONDON — Financial markets were sluggish Wednesday as an apparent budget deal in the U.S. Congress failed to divert attention from investors' primary focus — whether the Federal Reserve will reduce its stimulus next week. As the Fed's policy meeting...

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State’s Obamacare website down for ‘scheduled maintenance’

The state health insurance website will be down for "scheduled maintenance" for 15 hours beginning today at 2 p.m. — just two weeks before many policyholders must choose new health plans. The site, mahealthconnector.org, will be unavailable until tomorrow...

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Delta CEO: Fliers will pay for higher security fee

MINNEAPOLIS — The CEO of Delta Air Lines says a bigger security fee being considered in Congress will be paid by travelers, not by the airlines themselves. CEO Richard Anderson calls the fee a tax, and says it means fares are going up. He says the increase...

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Autohome ADRs surge in trading debut

Shares of Chinese automotive information provider Autohome are surging in their trading debut. The American depositary shares are up $11.60, or 68 percent, to $28.60 in morning trading after climbing as high as $31.37 shortly after they hit the market....

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Health care signups pick up pace in November

WASHINGTON — Playing catch-up with a long way to go, President Barack Obama's new health insurance markets last month picked up the dismal pace of signups, the administration reported Wednesday. Enrollment statistics from the Health and Human Services...

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House Republicans signal support for budget deal

WASHINGTON — House Republicans signaled support Wednesday for a budget deal worked out a day earlier, a plan narrowly drawn but promoted as a way to stabilize Congress' erratic fiscal efforts, avert another government shutdown and mute some of the partisan...

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Restructuring improves Polish airline's finances

WARSAW, Poland — Poland's debt-ridden LOT airline said Wednesday it has improved its finances through cost cuts and a reorganization of its business. LOT said it will close the year with a loss of some 20 million zlotys ($5 million), or about 110 million...

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FDA targets antibiotics in meat

WASHINGTON — Ciiting a potential threat to public health, the Food and Drug Administration moved Wednesday toward phasing out the use of some antibiotics in animals processed for meat. Many cattle, hog and poultry producers give their animals antibiotics...

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Witness on day of 2008 arrest: 'Madoff Implodes'

NEW YORK — New York financier Bernard Madoff's former right-hand man summed up his boss' arrest exactly five years ago with two words: "Madoff Implodes." The words were in Frank DiPascali's diary entry for Dec. 11, 2008. The diary was shown to jurors...

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Canada's postal service to phase out home delivery

TORONTO — Canada's postal service said Wednesday it will phase out home delivery within urban centers within the next five years as it begins to post significant financial losses due to growing use of digital communication. Canada Post, a government...

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In Japan, General Motors has high hopes, low sales

TOKYO — General Motors says it's in Japan for the long haul despite sales of Cadillac and Chevrolet models barely surpassing 1,000 vehicles a year. There has never been much appetite in Japan for left-hand drive gas guzzling U.S. autos, and there are...

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Cyber Monday draws $1.74B billion holiday dollars

NEW YORK — Cyber Monday is still on top. Retailers from Wal-Mart Stores to Amazon started rolling out "Cyber" deals at the beginning of November, and kept them going on Thanksgiving and Black Friday. That led some to wonder if earlier sales would put...

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German giant to venture into Hub

The venture arm of one of the world's largest pharmaceutical companies is opening its first U.S. office in Kendall Square, pledging to make $130 million in investments to life sciences companies. "We chose Boston because it is unique," said Martin Heidecker,...

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Hub-Beijing travel ‘traffic’ spurs flights

Hainan Airlines' move to start nonstop flights between Boston and China was spurred by the already large number of travelers between the two destinations and the expectation for future growth, a company official said. "There's a tremendous amount of...

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Odds on Revere casino improve

Gaming Commission Chairman Stephen P. Crosby signaled yesterday he's ready to greenlight a proposed Mohegan Sun casino at Suffolk Downs in Revere, where the Planning Board last night unanimously voted in favor of a zoning amendment to allow gambling...

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The Ticker: Hilltop Steakhouse auction and more...

U.S. sales up 1% 
over weekend National retail sales climbed a mere 1 percent to an estimated 
$22.2 billion during the four-day Black Friday weekend that started on Thanksgiving for most of the nation, according to Chicago tracking firm ShopperTrak....

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Herald execs talk up future of news

Rumors of the death of newspapers have been greatly exaggerated, if Herald Publisher Patrick J. Purcell and Editor in Chief Joe Sciacca have anything to say about it — and they certainly did yesterday at a panel discussion on how news organizations can...

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Harvard Bioscience cutting 13 percent of jobs

HOLLISTON, Mass. — Medical instruments maker Harvard Bioscience said Wednesday that it will eliminate about 50 jobs, or 13 percent of its workforce, to save money and plans to reinvest some of the savings in expanding its business in China. The company...

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Boston researchers find way to cut medical errors

BOSTON — Researchers at Boston Children's Hospital say they have devised a new system of shift-to-shift patient handoffs that significantly reduces medical errors. After introducing the system on two inpatient units at the hospital, the researchers...

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Owner explores sale of Providence Journal

The Dallas-based parent company of the Providence Journal, A.H. Belo, has hired a consultant to explore the sale of the paper, the company said in a statement. Jim Moroney, chairman, president and CEO of Belo, said in a statement, "The Providence Journal...

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German stocks outperform as Merkel forms gov't

LONDON — German shares outperformed their peers in Europe on Wednesday after the country's major parties agreed to form a new government and a measure of consumer confidence hit a six-year high. Trading volumes were relatively light, however, as traders...

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