Key details of decision over Ill. pension crisis

SPRINGFIELD, Ill. — After years of inaction, Illinois lawmakers have approved a historic plan to finally close the gap on the state's $100 billion public pension shortfall, which is considered the nation's worst. The House voted 62-53 in favor, minutes...

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Herald execs talk up future of news

Rumors of the death of newspapers have been greatly exaggerated, if Herald Publisher Patrick J. Purcell and Editor in Chief Joe Sciacca have anything to say about it — and they certainly did yesterday at a panel discussion on how news organizations can...

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Odds on Revere casino improve

Gaming Commission Chairman Stephen P. Crosby signaled yesterday he's ready to greenlight a proposed Mohegan Sun casino at Suffolk Downs in Revere, where the Planning Board last night unanimously voted in favor of a zoning amendment to allow gambling...

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In Japan, General Motors has high hopes, low sales

TOKYO — General Motors says it's in Japan for the long haul despite sales of Cadillac and Chevrolet models barely surpassing 1,000 vehicles a year. There has never been much appetite in Japan for left-hand drive gas guzzling U.S. autos, and there are...

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Krispy Kreme and Tesla are big market movers

NEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Krispy Kreme Doughnuts Inc., down $4.96 to $19.59 The doughnut chain's third-quarter net income rose 34 percent,...

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Cyber Monday draws $1.74B billion holiday dollars

NEW YORK — Cyber Monday is still on top. Retailers from Wal-Mart Stores to Amazon started rolling out "Cyber" deals at the beginning of November, and kept them going on Thanksgiving and Black Friday. That led some to wonder if earlier sales would put...

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Hub-Beijing travel ‘traffic’ spurs flights

Hainan Airlines' move to start nonstop flights between Boston and China was spurred by the already large number of travelers between the two destinations and the expectation for future growth, a company official said. "There's a tremendous amount of...

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German giant to venture into Hub

The venture arm of one of the world's largest pharmaceutical companies is opening its first U.S. office in Kendall Square, pledging to make $130 million in investments to life sciences companies. "We chose Boston because it is unique," said Martin Heidecker,...

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The Ticker: Hilltop Steakhouse auction and more...

U.S. sales up 1% 
over weekend National retail sales climbed a mere 1 percent to an estimated 
$22.2 billion during the four-day Black Friday weekend that started on Thanksgiving for most of the nation, according to Chicago tracking firm ShopperTrak....

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Boston researchers find way to cut medical errors

BOSTON — Researchers at Boston Children's Hospital say they have devised a new system of shift-to-shift patient handoffs that significantly reduces medical errors. The researchers announced Tuesday that after introducing the system on two inpatient...

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