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Napster co-founder to invest in allergy research

Written By Unknown on Rabu, 17 Desember 2014 | 23.14

SAN FRANCISCO — Napster co-founder Sean Parker missed most of his final year in high school and has ended up in the emergency room countless of times because of his deadly allergy to nuts, shellfish and other foods. Now that the former Facebook president...
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Russians flock to stores to pre-empt price rises

MOSCOW — Russian consumers flocked to the stores Wednesday, frantically buying a range of big-ticket items to pre-empt the price rises kicked off by the staggering fall in the value of the ruble in recent days. As the government considered ways to ease...
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Fed pondering change in rate hike signals

WASHINGTON — The U.S. economy is finally doing better, and the Federal Reserve may be ready to acknowledge that fact. In a statement it will issue Wednesday after two days of discussion, the Fed may no longer say it plans to keep a key interest rate...
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Russians rush to stores to pre-empt price rises

MOSCOW — Russian consumers flocked to stores Wednesday, frantically buying a range of big-ticket items as they looked to pre-empt price rises following the staggering fall in the value of the ruble over recent days. As the government looked at ways...
23.14 | 0 komentar | Read More

US current account deficit rises to $100.3 billion

WASHINGTON — The U.S. current account trade deficit widened slightly in the July-September quarter, largely due to foreign institutions paying less in fines and penalties to the U.S. government. The Commerce Department says the deficit in the current...
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US current account deficit rises to $100.3 billion

WASHINGTON — The U.S. current account trade deficit widened slightly in the July-September quarter, largely due to foreign institutions paying less in fines and penalties to the U.S. government. The Commerce Department said Wednesday that the deficit...
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US consumer prices fell 0.3 percent in November

WASHINGTON — Plunging gasoline costs pulled U.S. consumer prices lower in November, muting inflation across the entire economy. The Labor Department said Wednesday the inflation reading fell a seasonally-adjusted 0.3 percent last month, after prices...
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Pampered pets that don duds move to the mainstream

LOS ANGELES — These clothing designers have to think about pattern, fabric and fit — as well as where to put the poo bags. Creating on-trend outfits is a whole different animal for pet fashion designers, whose work is becoming mainstream as animal lovers...
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US stocks open higher before Fed statement

NEW YORK — U.S. stocks opened higher Wednesday after a string of losses. Energy stocks led the gains despite the ongoing slump in oil prices. KEEPING SCORE: The Standard & Poor's 500 index rose 12 points, or 0.7 percent, to 1,987 as of 10:01 a.m....
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UK proposes rules for embryos made from 3 people

LONDON — New rules proposed in Britain would make it the first country to allow embryos to be made from the DNA of three people in order to prevent mothers from passing on potentially fatal genetic diseases to their babies. In a statement issued on...
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Nearly two-thirds of pay-TV subs now also have Netflix: study

Written By Unknown on Rabu, 10 Desember 2014 | 23.14

Are Netflix and other streaming-video services contributing to the demise of cable and satellite TV? Some consumers may be deserting TV for streaming services, but for most pay-TV customers, Netflix and its ilk continue to be complementary to traditional...
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Finance errors to cost Alibaba Pictures more than $47 million

Alibaba Pictures Group, the film making unit of China's e-commerce giant, will have to restate its net asset value and take losses of at least US$47 million (HK$364 million) after an assessment of the company's financial mismanagement. The company announced...
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Dunkin’ Donuts brews up green building program

Dunkin' Donuts is encouraging U.S. franchisees to go "green" when constructing new restaurants. The Canton chain has launched DD Green, a new green building certification program aimed at more sustainable and energy-efficient restaurants that starts...
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Deval Patrick: Charlie Baker should go on trade missions

Gov. Deval Patrick yesterday urged his successor, Gov.-elect Charlie Baker, to embark on the same aggressive agenda of international trade missions that Patrick did in his second term, but warned the Republican to expect "body blows" from the press if...
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Asian shares mostly lower on weak China data

TOKYO — Asian stock markets were mostly lower Wednesday as data from both China and Japan pointed to continued weakness in the world's second and third-largest economies. KEEPING SCORE: Japan's benchmark Nikkei 225 slipped 1.6 percent to 17,530.39 after...
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California prosecutors sue Uber; Lyft settles

SAN FRANCISCO — California prosecutors sued Uber on Tuesday over the ride-booking company's background checks of drivers and other allegations, adding to the popular startup's worldwide legal woes. San Francisco County District Attorney George Gascon...
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Nuts! Korean flight delayed by first-class spat

SEOUL, South Korea — Forget dust-ups over reclining seats in economy class. There's a new and exclusive twist on inflight anger: Nut rage in first class. A recent Korean Air flight was delayed when its chairman's daughter, who was also vice president...
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Reception to GOP tax amnesty plan mixed

Taxpayer activists are divided about a corporate tax amnesty program House leaders and Gov.-elect Charlie Baker are considering to generate cash for state spending needs. House Minority Leader Brad Jones (R-North Reading) has filed legislation to create...
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City to give boost to veteran-owned businesses

Veteran-owned businesses will soon get the same preferential treatment that women- and minority-owned businesses get from the city of Boston. During his speech at the Greater Boston Chamber of Commerce this morning, Mayor Martin J. Walsh is expected...
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US stocks open lower as oil renews slide

NEW YORK — U.S. stocks opened lower Wednesday, led by declines in energy stocks as the price of oil resumed its slide. Oil dropped on reports that OPEC had slashed its estimate of how much crude it will need to produce next year due to rising supplies...
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Somerville pols laud $1B for Green Line expansion fed

Written By Unknown on Rabu, 03 Desember 2014 | 23.14

The economic future of Somerville and Medford is on a fast track after the Green Line extension passed one of the last key financing milestones for a plan that calls for adding six stops to the popular MBTA route. "The economic impact is unlimited for...
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Medical mistake numbers alarm experts

One of four Bay Staters say they or their loved ones have fallen victim to alarming medical mistakes like misdiagnoses and faulty treatments, according to a bombshell report that has local experts calling for more action to prevent such errors among...
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Obama to discuss economic ideas with CEOs

WASHINGTON — President Barack Obama is meeting with leading CEOs to discuss ways to promote the economy and create jobs during his last two years in office. Obama on Wednesday will attend the quarterly meeting of the Business Roundtable, an association...
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Roslindale group battles Petco store in Village

A Roslindale Village group is trying to stop a pet store chain from opening amid its small, locally owned stores, and is seeking city regulations to cap the number of big-box stores and national restaurants in its neighborhood business district. "We...
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FBI seizes Los Angeles schools' iPad documents

LOS ANGELES — The U.S. attorney's office subpoenaed the Los Angeles Unified School District for records pertaining to its $1 billion iPad project as part of a federal grand jury probe. A copy of the subpoena released Tuesday requests all documents related...
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Reebok to outfit all UFC fighters

Reebok is expanding its fitness focus by stepping into the Octagon under a six-year deal as the new exclusive outfitter of the Ultimate Fighting Championship mixed martial arts organization. The Canton athletic brand also will be the official clothing...
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The Ticker

Three cos. buy retail at hotel in Kenmore Sq. Three real estate investment firms have purchased the 37,000-square-foot retail portion of Hotel Commonwealth in Boston's Kenmore Square in a $38.5 million deal. Boston's UrbanMeritage and Novaya Real Estate...
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Steve Grossman blasts $65G raise for state pension chief

The salary of the state pension fund's executive director could catapult past $500,000 after its board yesterday gave him a $65,000 raise, prompting a warning from outgoing board chairman Treasurer Steve Grossman about the pay hike's optics amid financial...
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Takata: Evidence doesn't support national recall

DETROIT — A defiant Takata Corp. told a U.S. safety agency that its demand for a nationwide air bag recall isn't supported by evidence, and the government doesn't have authority to tell a parts maker to do a recall. The company laid out its position...
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Tinkerbell to shine in Walmart ads for NBC's 'Peter Pan'

Don't be surprised if elements of "Peter Pan" show up in the commercial breaks during NBC's live Thursday telecast of the famous 1904 play. Walmart, which ran ads during NBC's live broadcast of "The Sound of Music" last year that used songs from the...
23.14 | 0 komentar | Read More

Boston Globe near sale of HQ to Concord co.

Written By Unknown on Rabu, 05 November 2014 | 23.14

The Boston Globe is close to reaching an agreement to sell its Morrissey Boulevard headquarters to a Concord commercial real estate firm, the newspaper said. CEO Mike Sheehan said the Globe is in the process of completing a purchase-and-sale agreement...
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CVS earnings soar on sales of specialty drugs

CVS Health Corp.'s third-quarter earnings exceeded Wall Street expectations, as growing sales of specialty drugs helped offset the loss of tobacco products, which the company stopped selling in September. The nation's second-
largest drugstore chain's...
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US services firms grow more slowly, but hiring up

WASHINGTON — U.S. services firms expanded more slowly in October, but the pace of growth was still healthy. Hiring also rose to the fastest pace in more than nine years. The Institute for Supply Management said Wednesday that its services index dropped...
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Raytheon buys Blackbird Technologies for $420M

NEW YORK — Raytheon Co. said Wednesday that it bought privately held cybersecurity company Blackbird Technologies for about $420 million. Raytheon, a defense contractor based in Waltham, Massachusetts, said the acquisition will help expand its surveillance...
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Report: State foreclosures spike again

The number of foreclosure petitions in Massachusetts grew for the seventh straight month in September, but one expert says the numbers are not an accurate reflection of what is happening in the housing industry right now. Foreclosure petitions rose...
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Boston.com blunders over contest victor

In politics, sometimes you can have it both ways. Boston.com proved that last night. In the minutes before news outlets nationwide called the New Hampshire U.S. Senate race for U.S. Sen. Jeanne Shaheen, the website prematurely posted a pair of conflicting...
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HoJo seeks stars of ’60s ads

The Howard Johnson hotel chain is hunting for a former Quincy High School student, who came to the aid of a sailor on leave while training to be an apprentice cook in the former Dorchester HoJo's restaurant in the 1960s. A nationwide search is underway...
23.14 | 0 komentar | Read More

New school music to charter’s ears

A music-oriented Boston charter school stands to be part of Roxbury's revival after signing a purchase-and-sale agreement for land to build a permanent facility about a quarter-mile from Dudley Square. The 16-year-old Conservatory Lab Charter School...
23.14 | 0 komentar | Read More

Survey: US businesses add 230,000 jobs in October

WASHINGTON — U.S. companies added 230,000 jobs in October, a private survey said, the most in four months and a sign that businesses are still willing to hire despite signs of slowing growth overseas. Payroll processer ADP said Wednesday that the job...
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Engine in failed rocket launch likely to be pulled

NEW YORK — Orbital Sciences says it will likely stop using the type of engines that were employed when its unmanned Antares commercial supply rocket bound for the International Space Station exploded moments after liftoff last week. The company says...
23.14 | 0 komentar | Read More

SodaStream to move its West Bank factory in 2015

Written By Unknown on Rabu, 29 Oktober 2014 | 23.14

JERUSALEM — Israeli drink maker SodaStream International Ltd. will relocate a factory next year that activists criticized for being in an Israeli settlement in the West Bank, a representative said Wednesday. Nirit Hurwitz said that the decision to move...
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Casino servers settle lawsuit over skimpy uniforms

ATLANTIC CITY, N.J. — Forty women employed at an Atlantic City casino have resolved their discrimination lawsuit over skimpy uniforms. The lawsuit was filed in 2011 after Resorts Casino Hotel adopted a roaring '20s theme after the popularity of the...
23.14 | 0 komentar | Read More
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