Global Partners announces N. Dakota pipeline agreement

Waltham-based fuel distributor Global Partners LP announced a pipeline agreement that will enhance one of its North Dakota facilities capacity to source crude oil.

Buffett disapproves of Coca-Cola’s pay plan

Warren Buffett says he disapproves of Coca-Cola’s highly contested pay plan for its executives.

Watertown safari company accused of exploitation

A lawsuit claims Thomson Safaris illegally obtained land in Tanzania, beat villagers, and burned down homes — charges it denies.

FDA looks to regulate electronic cigarettes

The move would begin to place restrictions on the nearly $2 billion a year e-cigarette industry.

Personal finance

Q&A: A French economist’s grim view of wealth gap

In a new book, Thomas Piketty, sounds a grim warning: Hard work will matter less, inherited wealth more.

Tech Lab

Waiting for a smarter phone

New smartphones aren’t all that much better. Hiawatha Bray has a wish list for real improvements.

Spacious new Heathrow Terminal 2 set for opening

The new terminal, set to open in June, will host 26 airlines and offer flights to 51 destinations.

Amazon snares classic shows in deal with HBO

The deal will make shows like ‘The Sopranos’’ and ‘‘The Wire” available to Amazon prime members.

FCC, in ‘net neutrality’ turnaround, plans to allow fast lane

The FCC will propose rules that would allow Internet service providers to offer a faster lane through which to send video and other content to consumers.

Boston Children’s Hospital comes under repeated cyber attacks

Criminal hackers have attempted to take down the Boston Children’s Hospital website through a series of cyber attacks, hospital officials acknowledged Wednesday.

Batteries in baby video monitors recalled

Summer Infant is recalling about 800,000 rechargeable batteries used in baby video monitors because of a burn hazard.

Apple increases stock buyback, will split stock

Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent, and split its stock for the first time in nine years.

Etsy buys Grand St., a boutique electronics startup

Etsy, the online marketplace for handmade and vintage goods, is poised to acquire a Brooklyn startup called Grand St., an online boutique for electronics.

Facebook 1Q results soar; CFO to step down

Facebook’s earnings and revenue grew sharply in the first quarter, surpassing Wall Street’s expectations thanks to an 82 percent increase in advertising revenue.

Mass. movers

iRobot posts first-quarter earnings

After the market closed Tuesday, iRobot Corp. posted first-quarter net income of $5.3 million, or 18 cents per share, vs. $8.4 million, or 29 cents, a year earlier.

Market movers

Dr Pepper Snapple Group beats Wall Street’s expectations

The Plano, Texas-based beverage company posted first-quarter earnings of 78 cents per share compared with 51 cents a year earlier.


Six-day winning streak for stocks broken

Investors were disappointed by the latest round of earnings and surprised by a drop in new home sales.

US court revives European suit vs. R.J. Reynolds

The lawsuit claims tobacco company R.J. Reynolds sponsored cigarette smuggling in Europe and orchestrated a global money laundering scheme with organized crime groups.

Tobacco warning ads to be redirected

The advertisements are part of a case the government brought in 1999 under the Racketeer Influenced and Corrupt Organizations law.

FCC may allow Internet ‘fast lane’

Net neutrality, the principle that all Internet content should be treated equally as it flows through cables and pipes to consumers, looks all but dead.

Shirley Leung

How the Wegmans landed in New England

In the future, when we wonder how our region became awash in Wegmans supermarkets, we might trace it back to the time when two old grocery families got together.

Wegmans to open in Chestnut Hill on Sunday

The doors of the much anticipated Wegmans supermarket on Route 9 officially open at 7 a.m Sunday.

Covidien shifting 25 jobs to Costa Rica and Prague

The Irish medical supplies giant has notified about 25 employees at its headquarters in Mansfield that their jobs will be moved.

Historic Roxbury church agrees to sell community center

The sale will allow the Charles Street African Methodist Episcopal Church to emerge from bankruptcy.

Sales of new US homes plunge 14.5 percent in March

The dip is a sign that real estate’s spring buying season is off to a weak start.

Amazon in deal to stream classic HBO shows

The deal will make shows like ‘The Sopranos’’ and ‘‘The Wire” available to Amazon prime members.

Dublin retailer to open store at former Filene’s site

Primark plans to open a 70,000-square-foot store late in 2015 at a location once occupied by Filene’s in Downtown Crossing.

Mass. single-family home sales fell in March

A shortage of homes for sale slowed home sales in March while prices rose, the Warren Group reported.

Middle class eroding, gap widening in Bristol, R.I.

Bristol is a community of extremes, home to both great wealth and a shrinking middle class as more residents slip closer to poverty.

Bay State sub surveys WWII wrecks

An underwater robot from a Massachusetts company has captured vivid images of the remains of the World War II vessels lost in Exercise Tiger.

Personal finance

Cosigners’ deaths put student loans in default

These ‘‘auto defaults’’ force borrowers to either immediately repay the full loan balance or ruin their credit.

US says average airfares rising slowly; $381 in 4Q

The average price of a domestic airline ticket rose just $1 last year, though prices were still modestly higher than they were five years ago.

Mass. Movers

REIT stock falls after downgrade

Shares of Newton-based CommonWealth REIT crossed into “oversold” territory Tuesday, a report from Forbes said.

Market movers

Firm paints a rosy picture of Facebook

Credit Suisse raised its target price for Facebook Inc. stock by 34 percent to $87.

No solution in sight for China shoe factory strike

The ongoing labor dispute is crimping production for brands such as Nike and Adidas.


Aereo service can benefit broadcasters’ advertising model

Do the advertisers that support the broadcasters really want to miss out on the generation of young people that make up Aereo’s core subscriber base?

Ex-drug firm executive pleads guilty in inside-trade case

A former pharmaceutical executive has been sentenced to 15 months in prison for his role in an insider trading scheme.

AT&T joins crowded field with online video plans

AT&T and an investment firm run by former News Corp. executive Peter Chernin have formed an online video venture that could rival Netflix and Hulu.

McDonald’s CEO: No heat from breakfast competition

McDonald’s CEO Don Thompson said the company hasn’t seen any impact from the ‘‘most recent competitor’’ in the breakfast space.

Sales of US existing homes slip to a 20-month low

Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.


Earnings and corporate deals lift US stocks

Corporate deals and solid earnings propelled the S&P 500 to a sixth straight gain. Better economic news and respectable earnings have driven gains over the past week.

GM, lawyers fight over bankruptcy protections

Lawyers suing GM say it shouldn’t get the usual benefits of bankruptcy protection, because it concealed a deadly ignition switch problem.

Amazon sales take a hit in states with online tax, study says

SAN FRANCISCO — In one of the first efforts to quantify the impact of states accruing more tax revenue from Web purchases, researchers at Ohio State University published a paper this month that found sales dropped for Amazon when the online charge was introduced

Attacks on payment systems trail other cybercrimes

NEW YORK — While Target’s massive data breach last year caused consumers to panic and drew attention to Internet crime, a new study finds that breaches on retailer payment systems are less common than other kinds of attacks.

Job market for college grads better but still weak

WASHINGTON — With college commencement ceremonies nearing, the government is offering a modest dose of good news for graduating seniors: The job market is brightening for new grads — a bit.

Shirley Leung

Undoing gaming law would harm Mass. business reputation

Businesses hate working in a climate of uncertainty, and giving voters the chance to undo the casino law would make the state a laughingstock.

One big step for Marathon winner — and a giant leap for Skechers?

Meb Keflezighi’s Boston Marathon victory is a big deal for Skechers, the sneaker line he endorses.

Supreme Court expresses skepticism on Aereo

If Aereo withstands copyright law challenges from the traditional TV networks, it could transform the way many people watch network programs.

Boston Globe hires broker to sell Morrissey Boulevard headquarters

The hiring of a broker is the first step in a process that will take years, Globe chief executive Mike Sheehan said.

Novartis deals could affect Mass. drug research

With Novartis and GlaxoSmithKline swapping vaccines and cancer drug franchises, the Cambridge research landscape could be altered.

Fresh off a plane Tuesday, Environmental Protection Agency administrator Gina McCarthy made a quick stop at Dunkin’ Donuts for a little taste of home, before directing her security detail to the New England Aquarium to meet up with fellow Massachusetts native, US Energy Secretary Ernie Moniz.

Novartis unveils multibillion-dollar deals with GlaxoSmithKline, Eli Lilly

The Swiss pharmaceutical firm’s deals with GlaxoSmithKline and Eli Lilly mark a major overhaul of its business.

Epizyme receives $4m in milestone and license payments

The payments are the result of an alliance that Epizyme and GlaxoSmithKline, a British drug maker also known as GSK, formed in 2011.

In Aereo case, court shows concern for cloud computing

Several justices were worried that a ruling for the broadcasters could hamper the burgeoning world of cloud computing.

Bain Capital invests in software firm catering to construction industry

Viewpoint Construction Software said that Bain Capital, a Boston-based investment firms, has made a major growth equity investment in its business.

FDA relents in battle against Duchenne muscular dystrophy

The FDA has detailed a potential path forward for a drug to treat the disease.

A Hydroid marine robot surveys wreckage from D-Day training exercise that went badly

A Hydroid marine robot recently surveyed the debris fields of ships that were sunk near England by German torpedo boats during World War II.

Apple will recycle all its products for free

Apple is offering free recycling and vowing to power all of its stores, offices and data centers with renewable energy.

Big Marathon weekend for Boylston businesses

“It’s one of those weekends that retailers live for,” said Edward Albertian, chief executive officer of City Sports.

Boston Capital

Slow action on TelexFree could prove costly

The deliberate approach of investigators may still pay off, but only if the government can recover millions.

around the region

Hasbro turns a profit for the quarter

Hasbro returned to profitability in its first quarter, driven by sales of girls’ toys such as My Little Pony and Nerf Rebelle.

Mass. courts step into digital era

Massachusetts state courts will begin a pilot program to receive court filing via the Web.


Zafgen files for IPO as obesity drug gears for Phase 3 trial

A Cambridge obesity treatment developer has filed plans to go public and raise $86.2 million.

Powdered alcohol was OK’d in error, official says

A product called ‘‘Palcohol’’ gained widespread attention recently after it was reported that it had been approved for sale.

Supreme Court considers juice label dispute

The drink was the subject of a debate Monday as the high court considered whether to allow false advertising claims against the Coca-Cola Co.

Warmer temperatures lift US economy

A recent batch of government and business reports shows a US economy emerging from winter’s deep freeze.

personal finance

Netflix raising prices for first time in 3 years

The hike will help pay for more Internet video programming.

market movers

Gold producer gains on talk of a merger

Newmont Mining Corp. jumped 6.4 percent on reports it’s considering a merger with Barrick Gold Corp.

mass. movers

Athenahealth’s quarterly results fall short

The net loss was $8.1 million, or 21 cents per share, compared with earnings of $0.7 million, or 2 cents per share, in the first quarter of 2013.

Gates-funded student data group to shut down

BUFFALO — The head of a student data processing organization says it will shut down in the coming months following criticism that led to the recent loss of its last active client — New York state.

Stocks edge higher at start of a big earnings week

The S&P 500 rose for a fifth straight day, its longest winning streak in six months. Gainers included Halliburton, whose quarterly profit rose thanks to higher revenue in Asia and the Mideast, Hasbro, which returned to profitability, and Netflix, whose subscriber base and profits grew. Stocks also got a lift after the index of leading indicators rose 0.8% in March after a 0.5% rise in February. ‘The data are suggesting that we will gain economic momentum,’ said Quincy Krosby, at Prudential Financial. ‘There is a sense . . . the economy won’t run into another soft patch this year.’ Stocks have stabilized since a recent tech and biotech sell-off.

AT&T explores expansion of super-fast Internet

NEW YORK — AT&T plans a major expansion of super-fast Internet services to cover as many as 100 municipalities in 25 metropolitan areas.

UAW ends appeal of Volkswagen union vote

NASHVILLE — The United Auto Workers dropped its appeal of a worker vote against unionizing at a Volkswagen plant in Tennessee, a move that the union said should put pressure on Republican politicians to quickly approve incentives the German automaker is seeking to expand its lone U.S. assembly plant.

Netflix to raise streaming prices for new customers

The streaming service could raise prices by as much as $2 per month to help pay for more programming.

Kipling on ice: New Bruins ad features reading of ‘The Law of the Jungle’

Just in time for the Stanley Cup Playoffs, the Boston Bruins are airing new ads created by Boston ad agency Arnold Worldwide.

around the region

Cubist seeks OK for new antibiotic

Lexington’s Cubist Pharmaceuticals has filed a new drug application for a drug designed to treat complicated urinary tract infections.

Massachusetts gas prices are up 7 cents a gallon in latest AAA weekly survey

The average price for gas in Massachusetts is $3.60 a gallon in the latest weekly AAA survey, up 7 cents from the previous week’s average.

Saucony’s Ride 7 named editor’s choice in Runner’s World summer shoe guide

Saucony updated its Ride 7 shoe, knocking off some weight and being named “Editor’s Choice” in the Runner’s World 2014 Summer Shoe Guide.

Historic Boston Inc. fund tops $1m goal

Historic Boston Inc. has surpassed the $1 million capital campaign goal for a fund allocated to restoring historic properties.

App Smart

Finding, comparing, and booking rooms

Booking a hotel online can be awkward and time consuming. These apps can help.