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May 31, 2012

Senate contender Warren denies using ethnicity for unfair gain

BOSTON (Reuters) – U.S. Senate candidate Elizabeth Warren has acknowledged for the first time she told two prestigious law schools she had a Native American heritage but disputed suggestions that she used her ethnicity to help gain employment at the universities.

The Democrat later lashed out at Republican Scott Brown, who she is expected to face in the tight race for the U.S. Senate seat for Massachusetts in November, for impugning her parents’ truthfulness on the topic of her lineage.

May 31, 2012

Gamesmanship abounds as Obama, Romney campaigns duel over jobs

BOSTON/FREMONT, California, May 31 (Reuters) – The campaigns
of President Barack Obama and Republican Mitt Romney took their
political gamesmanship up a notch on Thursday, with dueling
events that featured raucous heckling, a secret trip for
reporters and symbolic backdrops that reflected the increasing
intensity of the tight race for the White House.

Obama’s chief strategist David Axelrod invaded Romney’s home
turf, blasting the Republican’s record as Massachusetts governor
at an appearance in Boston where Axelrod frequently was
interrupted by an organized crowd of heckling Romney supporters.

May 31, 2012

Obama camp attacks Romney record in Massachusetts

BOSTON, May 31 (Reuters) – President Barack Obama’s campaign
attacked Republican rival Mitt Romney on Thursday for failing to
create jobs as Massachusetts governor, calling it more evidence
of a flawed economic approach that would be disastrous in the
White House.

After weeks of criticizing Romney for plundering companies
and slashing jobs while leading a private equity firm, Obama’s
campaign shifted its attacks to Romney’s work in Massachusetts
and said his experience did not qualify him to lead.

May 30, 2012

Rosengren wants more Fed easing; Dudley, Fisher don’t

, May 30 (Reuters) -
U nderscoring the divide at the U.S. Federal Reserve over its
next move, Boston Fed President Eric Rosengren on Wednesday
called further policy easing to bring down high unemployment
even as two other top Fed officials said no further action was
now needed.

“I believe further monetary policy accommodation is both
appropriate and necessary,” Rosengren told the Worcester
Regional Research Bureau’s annual meeting.

May 30, 2012

Fed’s Rosengren warns of unseen risks from Europe

WORCESTER, MA (Reuters) – Unforeseen risks in struggling European countries have the potential to hurt the financial sector and the overall U.S. economy, Federal Reserve Bank of Boston President Eric Rosengren said on Wednesday.

“The risk in Europe is that there could be some people with exposures that we are not aware of now,” Rosengren said while taking questions after a speech to the Worcester Regional Research Bureau’s annual meeting in Worcester, Massachusetts.

May 27, 2012

Rondo the rock as Celtics reach Eastern Conference final

BOSTON (Reuters) – Point guard Rajon Rondo stepped up to save the day in the final minutes as the Boston Celtics held off the Philadelphia 76ers 85-75 in their decisive Game Seven on Saturday and advanced to the NBA’s Eastern Conference finals against the Miami Heat.

Rondo had a triple double of 18 points, 10 rebounds and 10 assists to set up the showdown with LeBron James and Dwyane Wade’s red-Hot Heat starting on Monday in Miami.

May 24, 2012

Schilling video game firm lays off staff: report

BOSTON (Reuters) – The troubled video gaming company run by former Red Sox baseball great Curt Schilling seemed on the verge of collapse on Thursday and had laid off its entire staff, according to several gaming industry websites and other media.

The apparent firings by 38 Studios came days after the company, based in Providence, Rhode Island, barely made a debt repayment to the state, weeks after the money was due.

May 24, 2012

Unabomber can’t make Harvard reunion, sends update

BOSTON (Reuters) – The 50th reunion for Harvard’s University’s undergraduate class of 1962 took a strange turn when Ted Kaczynski, the year’s most infamous graduate, sent in a status update that was published in the alumni book.

Kaczynski, better known as the Unabomber, was convicted in 1998 of killing three people and injuring 23 others in a mail bombing campaign against modern technology that was waged for almost two decades.

May 22, 2012

Biden revels in campaign attack dog role

KEENE, New Hampshire (Reuters) – Touting his middle-class roots, Vice President Joe Biden took another swipe at Republican presidential candidate Mitt Romney on Tuesday as he reveled in his role as the president’s campaign attack dog.

Biden blasted the presumptive Republican nominee Romney as failing to care about workers at companies acquired by his former investment firm Bain Capital. Romney is slated to face President Barack Obama in the November 6 election.

May 17, 2012

Schilling game firm can’t make Rhode Island payment

BOSTON (Reuters) – The troubled video game company run by former Red Sox pitcher Curt Schilling failed to make a promised payment to the state of Rhode Island on Thursday when it did not have sufficient funds to cover a check.

The office of Governor Lincoln Chafee said that 38 Studios LLC, Schilling’s company, hand-delivered a $1.1 million check to the Rhode Island Economic Development Corporation just before the close of business.

    • About Ros

      "Ros Krasny is Boston Bureau Chief, leading coverage of the New England scene. She was previously a regional Federal Reserve correspondent based in Chicago, and spent many years writing about agricultural commodity markets with Bridge News and Knight-Ridder Financial news."
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