H&M posts rise in quarterly profit, plans 400 new stores

STOCKHOLM — Swedish fashion retailer Hennes & Mauritz says its earnings rose by 12 percent in the fourth quarter, boosted by expansion in the United States and China. Net profit for the quarter was 6.22 billion Swedish kronor ($754 million), up...

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Volkswagen, Audi, Porsche issue recalls for fuel leaks

DETROIT — Audi, Volkswagen and Porsche are recalling more than 93,500 cars and SUVs worldwide to fix fuel leak problems. The recalls cover the Audi A6 and Volkswagen Touareg hybrid from the 2012 model year, the Audi A7 from 2012 and 2013, and the Audi...

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Ford recalls cars, vans for door latch and seat belt trouble

DEARBORN, Mich. — Ford is recalling more than 221,000 cars and vans to fix problems with door latches and seat belts. The biggest recall covers nearly 205,000 Ford Taurus, Lincoln MKS and Police Interceptor models in North America from the 2010 to 2013...

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Crews still working to restore power

Crews were working through the night to restore power to about 28,000 households and businesses, including most of Nantucket, who remained in the dark after heavy snow and falling trees downed wires across the Bay State. National Grid and Nstar officials...

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Fed is expected to remain 'patient' about a first rate hike

WASHINGTON — As the Federal Reserve ends its latest policy meeting Wednesday, it is widely expected to repeat the pledge it made in December: That it will be "patient" in raising interest rates from record lows. That pledge could endure well into 2015....

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Business losses accumulate

Bay State businesses are counting their blessings that the monster blizzard of 2015 has brought only minimal losses. Jon Hurst, president of the Retailers Association of Massachusetts, estimated the total loss to his members at less than 
$20 million....

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Some Boston spots brave blizzard

The blizzard of 2015 didn't dampen Bostonians' appetites to venture out yesterday in search of restaurants that were open to serve their snowbound neighbors. Barracuda Tavern in Downtown Crossing had put up six workers at the Nine Zero Hotel and Omni...

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The Ticker

Apple has huge quarter from holiday iPhone sales Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season. Apple said yesterday that it sold 74.5 million iPhones...

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After setting iPhone record, what does Apple do next?

SAN FRANCISCO — Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and primed its stock for a rally Wednesday. But after...

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Users tweet up storm over Facebook outage

If there's a blizzard and no one can post about it on Facebook, did it really happen? Social media users might have been pondering that question yesterday when Facebook went down just after midnight, prompting users to take their complaints and snarky...

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