Fed is expected to maintain stimulative programs

WASHINGTON — The Federal Reserve is expected to maintain its resolve to keep borrowing costs at record lows despite growing signs that the economy is strengthening. The Fed will end a two-day meeting today with a policy statement and updated economic...

23.14 | 0 komentar | Read More

Portugal debt sale unaffected by Cyprus crisis

LISBON, Portugal — Portugal has raised 1.5 billion euros ($1.94 billion) in a debt auction that saw the bailed-out country's longer-term interest rate fall, suggesting investor jitters about the financial fate of Cyprus are not contaminating other frail...

23.14 | 0 komentar | Read More

New RBS Citizens group focuses on medical, dental practices

RBS Citizens said this week it has launched its HealthCare Practice Banking Group, a team of bankers focused entirely on meeting the financial needs of medical and dental practice groups in Massachusetts, Connecticut and Rhode Island. Products and services...

23.14 | 0 komentar | Read More

FedEx profit falls on weak airfreight business

DALLAS — FedEx said Wednesday that third-quarter profit fell 31 percent as customers shifted to slower and less-expensive international air-shipping options, and it cut its forecast of full-year earnings. The company says it will cut capacity to and...

23.14 | 0 komentar | Read More

UK official delivers another austere budget

LONDON — Britain's Treasury chief unveiled another tough budget Wednesday despite weaknesses in the economy that have raised fears of a third recession in a little more than four years. Though he offered beer drinkers a tax break — no doubt a popular...

23.14 | 0 komentar | Read More

Investigators search Paris home of IMF chief

PARIS — A lawyer for IMF chief Christine Lagarde says French investigators have searched her Paris home as part of an inquiry into her role in a $400 million arbitration deal in favor of a tycoon. The lawyer, Yves Repiquet (eev ruh-PEE-kay), says Lagarde...

23.14 | 0 komentar | Read More

Cyprus seeks new rescue plan involving Russia

NICOSIA, Cyprus — Cypriot officials rushed Wednesday to find new ways to stave off financial ruin, including asking Russia for help, after Parliament rejected a plan to contribute to the nation's bailout package by seizing people's bank savings. Tuesday's...

23.14 | 0 komentar | Read More

Ikea plans to expand in Stoughton

Swedish home furnishings giant Ikea plans an expansion in Stoughton, where it has operated its only Massachusetts store since November 2005. The build-it-yourself furniture chain's proposal calls for increasing the warehouse area of its 357,000-square-foot...

23.14 | 0 komentar | Read More

Mass. signs new casino deal with tribe

BOSTON — Gov. Deval Patrick is calling for swift ratification by the Legislature of a revised casino compact with the Mashpee Wampanoag tribe that would provide the state with 17 percent of gambling revenues from a proposed tribal casino in Taunton....

23.14 | 0 komentar | Read More

FDA warns of another compounding pharmacy recall

WASHINGTON — The Food and Drug Administration is warning doctors that a compounding pharmacy is recalling syringes of the Roche drug Avastin after receiving reports of eye infections among patients. The FDA say Georgia-based Clinical Specialties has...

23.14 | 0 komentar | Read More