Feds give $20.5M grant to aid Dorchester plan

A $100 million redevelopment in Dorchester that includes housing, a food business startup incubator and other improvements will revitalize the Quincy Corridor neighborhood and be the model for future such projects across the city, local and federal officials...

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The Ticker

Bloomberg: Red Sox value ranks third Bloomberg News, taking a page from Forbes' playbook, has estimated the 2012 valuations for all 30 MLB franchises. Tops are the New York Yankees with an estimated worth of $3.3 billion, and then come the Los Angeles...

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Hub home inventory way down this fall

A year ago housing inventory levels statewide were down 17 percent from the previous year. Well, here we are a year later and things are pretty much the same — which isn't necessarily a bad thing. That is, unless you're a buyer looking to find a home...

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With Red Sox in World Series, TV ratings rebound

BOSTON — With the Boston Red Sox back in the World Series, television ratings jumped for the opener. Boston's 8-1 win over the St. Louis Cardinals drew an 8.6 national rating, a 14 share and 14.4 million viewers, Nielsen Media Research said Thursday....

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Bank of America cutting thousands of mortgage jobs

Bank of America is cutting thousands jobs as it responds to changes in the housing market, echoing moves by other banks. The country's second-largest bank laid off 1,200 employees this week, primarily from a unit that handles mortgage origination, company...

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FDA wants limits on most prescribed painkillers

WASHINGTON — The Food and Drug Administration is recommending new restrictions on prescription medicines containing hydrocodone, the highly addictive painkiller that has grown into the most widely prescribed drug in the U.S. In a major policy shift,...

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Somerville 3D printer co. raises Form-idable $19M

Somerville startup Formlabs has raised 
$19 million in institutional capital — a rare feat, even for a company responsible for the top-grossing tech project on Kickstarter. The makers of the Form 1 3D printer already are expanding into an 11,000-square-foot...

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Climate’s changed at National Grid

Delivering clean, reliable, affordable energy well into the future is one of the greatest global challenges, National Grid CEO Steve Holliday told executives in Boston yesterday. "Based on trends over the last few years, 2012 was supposed to be the...

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John Henry takes reins at Boston Globe

Red Sox owner John Henry officially took over The Boston Globe yesterday, right after a Worcester judge lifted a temporary restraining order that had blocked the $70 million cash deal since last Friday. "The sale has been finalized," said Globe spokeswoman...

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Globe scribe tweets he’s ‘tired of Boston Strong’

A Boston Globe reporter tweeted he was "so tired of 'Boston Strong,' " just as marathon survivors were being honored during the seventh inning of last night's Red Sox World Series game — and came under fire from shocked tweeters who schooled the Morrissey...

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