Report: Apple on verge of buying Beats for $3.2B

SAN FRANCISCO — Apple is orchestrating a $3.2 billion acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by hip-hop star Dr. Dre and record producer Jimmy Iovine, according to a published report. Citing people...

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The Ticker

Keds sues competitor Lexington sneaker brand Keds, whose shoes sport a signature rectangular blue label on their heels, has filed a federal trademark infringement lawsuit against Vans. Keds alleges its Cypress, Calif.-based competitor is selling sneakers...

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Health Connector costs surpassing $500M

The total cost to implement Obamacare in Massachusetts surpassed a half-billion dollars yesterday, as the Health Connector board agreed to seek an additional $121 million in federal funds to try to rescue the money-hemorrhaging health exchange. "This...

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Federal Watchdog: Pipeline safety oversight shoddy

WASHINGTON — The federal agency responsible for making sure states effectively oversee the safety of natural gas and other pipelines is failing to do its job, a government watchdog said in a report released Friday. The federal effort is so riddled with...

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Suffolk Construction to recoup losses from fire

Boston's Suffolk Construction expects to fully recoup an estimated $30 million to $40 million loss from a five-alarm March fire at a residential development it is building in the Mission Bay area of San Francisco. The San Francisco Fire Department issued...

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Hot Property: Boston’s priciest home hits ceiling

The most expensive listing in Boston, the $13.95 million six-level townhouse at 74 Beacon St., was renovated to reflect the look of a Victorian-era Back Bay townhouse, but one tradition, the basement kitchen, didn't make the cut. The mansion has just...

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Foreclosures soar in March

Massachusetts foreclosure petitions took a sharp year-over-year turn up in March, ending 16 consecutive months of decline in petition filings, according to The Warren Group. "The increase in percentage terms seems enormous, almost as though the flood...

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Ukraine referendum tensions weigh on markets

LONDON — Renewed jitters about Ukraine as pro-Russian militants pressed ahead with plans for an independence referendum weighed on markets Friday. Ukraine continued to loom large for investors. Insurgents in the country's east are preparing for a weekend...

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Netflix raises prices by a $1 for new subscribers

SAN FRANCISCO — Netflix is raising its Internet video prices by $1 per month for new customers and giving its current U.S. subscribers a two-year break from the higher rates. The changes mean anyone signing up for Netflix's video subscription service...

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Firm: 38 Studios default would bring 'junk' status

PROVIDENCE, R.I. — An independent analyst hired to study the impact of defaulting on the 38 Studios debt predicts Rhode Island's bond rating would be downgraded to junk status and the business climate would be harmed. The SJ Advisors report, released...

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