State sues five big US lenders

Attorney General Martha Coakley is suing five major US banks for allegedlyseizing properties unlawfully and failing to help struggling borrowers keep their homes.

Ex-Chelsea housing chief’s son is fired from Appeals Board

Matthew McLaughlin, son of the embattled former Chelsea housing chief, falsified at least one time sheet, sources say.

John Tlumacki/Globe Staff

Dan Shaughnessy

Glowing words all around as Red Sox pass the torch

The Red Sox finally stopped looking back and started looking ahead when they named Bobby Valentine as the franchise’s 45th manager late yesterday at Fenway Park.

MIKE CLARKE/AFP/GETTY IMAGES

Kraft, resort executive in casino talks

Robert Kraft, one of the state’s most powerful businessmen, is in negotiations with one of Las Vegas’ biggest players, Steve Wynn, to propose a $1 billion casino near Gillette Stadium.

Gingrich’s surge gives Romney camp pause

Mitt Romney’s strategy of focusing on President Obama rather than his GOP competition has created new problems that threaten his candidacy, analysts said.

Boston, MA 12/01/11 Questioned by plaintiff's attorney Howard M. Cooper (cq), Occupy Boston protester Kristopher Eric Martin (cq) testifies. A hearing is held in Suffolk Superior Court before Judge Frances McIntyre (cq), on Thursday, December 1, 2011, to determine if the Occupy Boston protest can continue in Dewey Square. (Note: Members of the media sit in the jury box.) (Pat Greenhouse/Globe Staff); Reporter: M. Powers; Section: Metro; Slug: 02occupy ********** POOL PHOTO *******

Court extends protection for occupiers

A judge yesterday extended a temporary court order barring city officials from suddenly evicting Occupy Boston protesters from their downtown encampment.

Scot Lehigh

Conroy: Not ready just yet

Tom Conroy was quizzed to see whether he could be the Democrats’ best candidate to take on Republican Senator Scott Brown next year.

“Our suit alleges that the banks have charted a destructive path by cutting corners and rushingto foreclose on homeowners without following the rule of law.”

Attorney General Martha Coakley 

Business

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Bain Capital mulls bid for Yahoo, despite challenges

It may not have the sheen of Facebook or the girth of Google, but Yahoo is still the biggest provider of e-mail services in the US and the most popular source of online news.

Politics

campaign 2012

Huntsman seeks N.H. boost

Jon Huntsman has the resume of a strong candidate, but he has been unable to distinguish himself in a crowded Republican field.

Nation & World

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Sports

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On basketball

Ainge made the right call with Rajon Rondo

Celtics president Danny Ainge was probably surprised at the stir caused by those Rajon Rondo trade rumors, which he quickly dispelled yesterday.