Cambridge - Page 9 of 26 - Shore News Network

Canada adds jobs but not enough to change expectations for hold on rates

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -The Canadian economy added more jobs than expected in November while the jobless rate ticked slightly higher, data showed on Friday, a result that…

December 1, 2023

Notorious Hacker Sentenced to 18 Months in Prison

WASHINGTON –Thomas Kennedy McCormick, aka “fubar,” of Cambridge, Mass., was sentenced today to 18 months in prison for his role in the racketeering conspiracy to develop…

November 16, 2023

Some fund managers see merit in China’s deeply discounted stocks

(Corrects paragraph three to remove reference to Fidelity International being a U.S. asset manager) By Summer Zhen HONG KONG (Reuters) -After months of steering clear of China, global asset managers and hedge…

November 15, 2023

Boston Properties to sell interest in two assets valued at about $1.7 billion

(Reuters) -Real estate investment trust Boston Properties on Tuesday agreed to sell a 45% interest in two Massachusetts-based life sciences development properties to Norges Bank Investment Management at a gross valuation of…

November 14, 2023

SAM PEAK: Biden Is Destroying Legal Immigration. Republicans Should Call Him Out

SAM PEAK: Biden Is Destroying Legal Immigration. Republicans Should Call Him Out Sam Peak on November 10, 2023 During Wednesday night’s debate in Miami, the Presidential candidates were right to hold Biden…

November 11, 2023

Feds Bust Sprawling Prostitution Ring Allegedly Serving Politicians, Military Officers

Feds Bust Sprawling Prostitution Ring Allegedly Serving Politicians, Military Officers Philip Lenczycki on November 8, 2023 The Department of Justice (DOJ) charged three men on Wednesday for allegedly operating brothels in Boston…

November 9, 2023

Moderna reins in 2023 COVID vaccine forecast, shares tumble

By Patrick Wingrove and Leroy Leo (Reuters) -Moderna on Thursday said its 2023 sales would only hit the low end of its $6 billion to $8 billion forecast, reflecting weaker demand for…

November 2, 2023

Police Light at a Crime Scene; File Photo

Police Escort Man With Protection Order to Home, Where He Assaults Protected Individual

CAMBRIDGE, MD – On 10-28-23, around 4:10 pm, Cambridge Police Department (CPD) officers served a District Court-issued Protection Order on Zamar Wilson, 20, of Cambridge, MD. Subsequently, officers escorted Wilson to the…

November 1, 2023

Hallucinating Man Charged for Possession

CAMBRIDGE, MD – On October 27, at approximately 1:05 pm, Cambridge Police Department (CPD) officers were dispatched to the Bradford House on the 700 block of Race St after reports of a…

November 1, 2023

Unlike Pfizer, Moderna can meet 2023 COVID forecast, analysts say

By Khushi Mandowara (Reuters) -Moderna should hit the lower end of its sales target for this year as it only needs to tap a small portion of the private market with its…

November 1, 2023

Harvard posts investment gain in fiscal 2023, endowment stands at $50.7 billion

BOSTON (Reuters) – Harvard University’s endowment fund, the world’s largest university endowment, posted a small investment gain that bested several other top U.S. universities’ returns but saw the value of the fund…

October 19, 2023

Drug Trafficker Sentenced for Cocaine Trafficking

BOSTON – A drug trafficker operating in the Boston area was sentenced yesterday for his role in a cocaine trafficking conspiracy. Maurice Coates, 46, of Randolph, was sentenced by U.S. District Court Judge…

October 19, 2023

California Man Fined $50,000 for Illegally Importing Carvings Made from Sperm Whale Teeth and a Walrus Tusk

Burlington, Vermont – The United States Attorney’s Office stated that Pedro Huertas, 69, of Pasadena, California, pleaded guilty to a misdemeanor charge of unlawfully importing wildlife parts (carvings from sperm whale teeth…

October 19, 2023

Major cyber attack could cost the world $3.5 trillion -Lloyd’s of London

LONDON (Reuters) – A major cyber attack on a financial services payments system could lead to global losses of $3.5 trillion, with much of it not covered by insurance, commercial insurance market…

October 19, 2023

Meta shareholder lawsuit over user privacy revived by appeals court

By Jody Godoy (Reuters) – A shareholders’ proposed class action accusing Meta Platforms Inc of concealing sweeping misuse of Facebook users’ data in 2017 and 2018 was revived by a U.S. appeals…

October 18, 2023

Eastern Shore Man Sentenced to 10 Years in Federal Prison for Coercion and Enticement of a Minor

Baltimore, Maryland – U.S. District Judge Ellen L. Hollander today sentenced Richard Wesley Robinson, age 74, of Cambridge, Maryland, to 10 years in federal prison, followed by 25 years of supervised release,…

October 13, 2023

Global economic losses from extreme weather could hit $5 trln -Lloyd’s

LONDON (Reuters) – Global economic losses could reach $5 trillion under a “plausible increase” in extreme weather events linked to climate change that cause crop failures and food and water shortages, insurance…

October 11, 2023

Harvard says its students’ pro-Palestinian letter does not speak for university

By Kanishka Singh WASHINGTON (Reuters) – A pro-Palestinian statement from Harvard University students that blamed Israel for violence engulfing the region does not speak for the educational institution as a whole or…

October 10, 2023

Pro-Palestinian letter from Harvard students provokes alumni outrage

(Adds dropped word “Emeritus” to Summers title, paragraph 10) By Daniel Trotta (Reuters) – Prominent Harvard University alumni on Monday denounced a pro-Palestinian statement from students that blamed Israel for violence engulfing…

October 10, 2023

Gender gap pioneer Goldin wins Nobel economics prize

By Johan Ahlander, Simon Johnson STOCKHOLM (Reuters) -Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize for her work exposing the causes of deeply rooted wage and labour market inequality…

October 9, 2023

Stocks rally, bond yields soar on blowout US jobs data

By Herbert Lash NEW YORK (Reuters) – A blowout U.S. jobs report on Friday sparked a delayed rally on Wall Street as the data revealed a strong economy with moderating inflation that…

October 6, 2023

Ten-year yields highest since 2007 on strong jobs report

By Karen Brettell NEW YORK (Reuters) – Benchmark 10-year U.S. Treasury yields hit 16-year highs on Friday after data showed that employers added 336,000 jobs in September, well above the 170,000 that…

October 6, 2023

Instant view: US job growth smashes expectations, raising prospects for rate hikes

(Reuters) – U.S. job growth surged in September, suggesting that the labor market remains strong enough for the Federal Reserve to raise interest rates this year, though wage growth is moderating. Nonfarm…

October 6, 2023

US jobs report stands as next catalyst for Treasury market gyrations

By Davide Barbuscia NEW YORK (Reuters) – A wild week in Treasury markets is set to culminate with the U.S. payrolls report on Friday, and some investors believe benign data could bring…

October 5, 2023

US condemns China’s reported life sentence for Uyghur academic Rahile Dawut

(This Sept. 29 story has been corrected to change the name to ‘Dawut’ and description to ‘academic’ in the headline) WASHINGTON (Reuters) – The United States on Friday condemned a reported life…

October 3, 2023

Cambridge - Page 9

Canada adds jobs but not enough to change expectations for hold on rates

Notorious Hacker Sentenced to 18 Months in Prison

Some fund managers see merit in China’s deeply discounted stocks

Boston Properties to sell interest in two assets valued at about $1.7 billion

Moderna reins in 2023 COVID vaccine forecast, shares tumble

Police Escort Man With Protection Order to Home, Where He Assaults Protected Individual

Hallucinating Man Charged for Possession

Unlike Pfizer, Moderna can meet 2023 COVID forecast, analysts say

Harvard posts investment gain in fiscal 2023, endowment stands at $50.7 billion

Drug Trafficker Sentenced for Cocaine Trafficking

California Man Fined $50,000 for Illegally Importing Carvings Made from Sperm Whale Teeth and a Walrus Tusk

Major cyber attack could cost the world $3.5 trillion -Lloyd’s of London

Meta shareholder lawsuit over user privacy revived by appeals court

Eastern Shore Man Sentenced to 10 Years in Federal Prison for Coercion and Enticement of a Minor

Global economic losses from extreme weather could hit $5 trln -Lloyd’s

Harvard says its students’ pro-Palestinian letter does not speak for university

Pro-Palestinian letter from Harvard students provokes alumni outrage

Gender gap pioneer Goldin wins Nobel economics prize

Stocks rally, bond yields soar on blowout US jobs data

Ten-year yields highest since 2007 on strong jobs report

Instant view: US job growth smashes expectations, raising prospects for rate hikes

US jobs report stands as next catalyst for Treasury market gyrations

US condemns China’s reported life sentence for Uyghur academic Rahile Dawut

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