Ponzi schemer gets 17-year sentence

A Milton man was sentenced to 17 years in federal prison yesterday for masterminding a large Ponzi scheme through his securities company, and for defrauding customers of millions of dollars by selling coins at inflated prices, according to the U.S. Attorney's...

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Sporty Durango handles well

Choices are limited when shopping for a seven-passenger vehicle. A minivan can take care of the seating capacity, but factor in the need for cargo space, and towing capacity and suddenly you're shopping for a hulking SUV. The 2013 Durango meets these...

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Cuts may stunt state’s growth

Higher worker bonuses and a strong technology sector helped the Massachusetts economy grow faster than the nation for the first three months of the year, but experts warned that federal budget cuts and the payroll tax increase are already taking a toll...

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Restored Victorian a treasure

This resplendent Queen Anne Victorian has been restored to its former glory with original period details and new custom cabinetry and woodwork. The six-bedroom house at 43 Abbot St. in Andover features beamed ceilings, restored pine floors, four wood-burning...

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Gov asks SBA for loans to those hit by bombing

Gov. Deval Patrick has called on the U.S. Small Business Administration to provide some relief in the form of low-interest loans for small businesses and private nonprofits affected by the Boston Marathon bombings last week. In a letter, Patrick asked...

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Boeing says new battery system ensures 787 safety

TOKYO — Boeing Co.'s chief engineer for the 787 Dreamliner said Saturday that changes to the lithium-ion battery system are fully sufficient to ensure the aircraft's safety, although the company has been unable to find the cause of the original battery...

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Report finds solid growth in Massachusetts economy

BOSTON — A report by the University of Massachusetts and Federal Reserve Bank of Boston says Massachusetts's economy grew at a strong 3.9 percent rate in the first quarter of the year. The report says hiring increased in the January-to-March period,...

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Federal loan aid available for Back Bay businesses

Small Back Bay businesses affected by the Boston Marathon bombings now have access to low-interest federal disaster loans to help cover their losses. The U.S. Small Business Administration last night made the economic injury disaster loans available...

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Facebook: Breyer won't stand for board re-election

NEW YORK — Facebook says that venture capitalist Jim Breyer won't seek re-election to its board of directors. Facebook Inc. said Friday that Breyer, partner at Silicon Valley VC firm Accel Partners, will stay on until the company's annual meeting on...

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Obama: Flight delay fix a 'Band-Aid'

WASHINGTON — President Barack Obama says the congressional fix for widespread flight delays is an irresponsible way to govern, but he's prepared to sign the legislation that lawmakers fast-tracked. He says the bipartisan bill to end furloughs of air...

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