Government And Institutions

Lawmakers Near Deal to Extend Popular Tax Breaks

Lame duck lawmakers are closing in on an agreement to renew dozens of expired tax breaks for businesses and individuals, including permanent enactment of a generous tax breaks on investments in new equipment and research and development.

Massachusetts awards $566 million subway car contract to Chinese rail company

A Chinese government-owned rail company was awarded a $566.6 million Massachusetts state contract on Wednesday to build subway trains for the "T," the nation's oldest subway system, despite concerns from local activists about China's human rights record as well as complaints from competitors that the company's winning bid was unrealistically low.