News money 2008-08-06 Andanh.com

c_ Tue, 05 Aug 2008 00:34:00 EDT
Jette receives research award
NEWBURYPORT- Physical Therapist and member of the American Physical Therapy Association Alan M. Jette was awarded the 2008 Chattanooga Research Award. Jette was honored during the awards ceremony at Physical Therapy 2008: Annual Conference Exposition of the American Physical Therapy Association in San Antonio, Texas. Jette is the director of the Health and Disability Research Institute at Boston University School of Public Health.

Good intentions Tuesday August 5, 2008
CHICAGO - Keri Rainsberger isn't rich. She works in the nonprofit world for a relatively low-profit salary. Yet, as many Americans are scrimping for every penny, she hardly feels the pinch.

Price Chopper awaits public hearing on proposed new site in Shrewsbury Tuesday August 5, 2008
SHREWSBURY - The town could have another supermarket if plans for a Price Chopper are approved for an undeveloped parcel on Route 9.

Price hikes, fewer options roughen auto-leasing ride Tuesday August 5, 2008
CHICAGO - Just when motorists were starting to adjust to exorbitant gas prices, they face the prospect of much higher costs, fewer choices and a dearth of financing options if they want to lease their next car.

Spotlight shines on Navilyst Tuesday August 5, 2008
MARLBORO - A former division of Boston Scientific Inc. that was sold to a private equity firm began operating under its new name yesterday, promising to launch new technology within the next year.

Stocks totter and fall after oil prices plunge Tuesday August 5, 2008
NEW YORK - Wall Street fell yesterday in an erratic session dominated by worries about inflation - which were somewhat soothed by a plunge in oil prices that took crude to its lowest level in three months.

Cape Commerce Wed, 06 Aug 2008 06:00 EST

Cape Cod Mall is inviting local charities and nonprofit organizations to participate in the 15th annual Simon Evening of Giving.

Cape home sales up, but prices down Wed, 06 Aug 2008 06:00 EST

BARNSTABLE — Real estate sales volume at the Barnstable County Registry of Deeds is up from a year ago, but the median sales price was $50,000 less than last July.

Internet security gap discovered Wed, 06 Aug 2008 06:00 EST

SAN FRANCISCO — A giant vulnerability in the Internet's design is allowing criminals to silently redirect traffic to Web sites under their control. The problem is being fixed, but its extent remains unknown and many people are still at risk.

Conservation group salutes Anne Gould Wed, 06 Aug 2008 06:00 EST

EAST HARWICH — The Compact of Cape Cod Conservation Trusts awarded its Ansel B. Chaplin Award to Anne Gould of Cotuit Monday at its annual meeting.

Law may speed Cape Internet Wed, 06 Aug 2008 06:00 EST

BOSTON — Gov. Deval Patrick has signed a $40 million bond bill to bring high-speed Internet to western Massachusetts and other underserved areas of the state, including the Cape and Islands.

News Corp. profits up in fourth quarter Wed, 06 Aug 2008 06:00 EST

CHICAGO — News Corp. said yesterday its quarterly profit rose 27 percent on improved results at its film studios and cable television networks, as well as gains related to its sale of stakes in Fox Sports Bay Area and Gemstar-TV Guide.

Fed gamble spurs market Wed, 06 Aug 2008 06:00 EST

WASHINGTON — Confronted by problems at every turn — rising unemployment, shaky growth, credit troubles and creeping inflation — the Federal Reserve left an important interest rate unchanged, taking a gamble that for now the best move...

Charges filed in retailer hacking scams Wed, 06 Aug 2008 06:00 EST

NEW YORK — The Department of Justice announced yesterday that it had charged 11 people in connection with the hacking of nine major U.S. retailers and the theft and sale of more than 41 million credit and debit card numbers.

11 charged in connection with TJX credit card fraud Tue, 05 Aug 2008 23:20:35 -0400
NEW YORK - The Department of Justice says 11 people allegedly involved in the hacking of nine major U.S. retailers and the theft and sale of more than 40 million credit and...

Deal likely for Hub theater, Madison Square Garden Tue, 05 Aug 2008 23:07:17 -0400
Boston's largest theater is poised to team up with New York's Madison Square Garden in a bid to bring in more shows and events, sources say. The Citi Performing...

Consumer, business confidence plummets in Massachusetts Tue, 05 Aug 2008 23:06:55 -0400
Massachusetts consumers' confidence has now sunk to its lowest level since the devastating recession of the late 1980s and early 1990s, as falling home prices and soaring...

Keds wearers can design own sneakers Tue, 05 Aug 2008 23:06:29 -0400
Fans of Keds' Champion sneaker line can now add their own flair to the classic canvas kicks. The 92-year-old brand has launched Keds Studio, an online program that...

Natick Collection tries on Under Armour Tue, 05 Aug 2008 23:06:05 -0400
Shoppers entering the Natick Collection's newest store tomorrow will feel as though they're walking through the underbelly of a sports stadium. But the playing...

Historic district OK looms: Move would protect Fort Point Tue, 05 Aug 2008 23:05:44 -0400
The old brick warehouses of South Boston's Fort Point section will soon have their own historic district. A city-appointed panel is wrapping up work on plans to...

Fed holds steady on rate: Gas prices slowly drop Tue, 05 Aug 2008 23:05:18 -0400
Wall Street rallied yesterday as oil prices continued to fall and the Federal Reserve opted to leave its benchmark interest rate alone so the economy can recover from the...

Feds bust ID-theft ring Tue, 05 Aug 2008 22:55:35 -0400
Authorities have broken up the largest U.S. identity-theft ring ever: 11 people on three continents who alleged stole or peddled 41 million credit- and debit-card numbers...

Don't dismiss corporate heretics Tue, 05 Aug 2008 22:50:13 -0400
Consumer advocate Ralph Nader is a lot like Jared Fogle, the miracle-diet spokesman for Subway restaurants. After a few years of not paying attention to them, you suddenly...

Victims of TJX scam seek stiff sentences Tue, 05 Aug 2008 22:45:33 -0400
Robert Mann remembers looking at his computer shortly after Christmas 2006 and watching crooks withdraw $50 or $100 from his bank account every three seconds through online...

The Ticker Tue, 05 Aug 2008 20:18:47 -0400
The Supreme Judicial Court affirmed the state Appellate Tax Board's ruling that the Rowes Wharf-based whale-watching and private-charter operations of Masschusetts Bay...

Wall Street jumps higher after ISM data Tue, 05 Aug 2008 16:23:13 -0400
NEW YORK - An already soaring Wall Street extended its advance today after the Federal Reserve left interest rates unchanged and assuaged some of the market's fears about...

Oil falls as low as $118 on demand concerns Tue, 05 Aug 2008 16:11:34 -0400
NEW YORK - Oil traders sent crude prices tumbling as low as $118 a barrel today on the growing belief that a U.S. economic slowdown and high energy costs are curbing consumer...

New Balance sneakers go for gold Tue, 05 Aug 2008 15:43:33 -0400
Playing off the Summer Olympics starting Friday in Beijing, New Balance will unveil a sneaker collection this month that's inspired by the traditional masks of Sichuan...

Fed leaves interest rates unchanged Tue, 05 Aug 2008 15:31:08 -0400
The Federal Reserve today kept up its delicate balancing act between a struggling economy and surging inflation by leaving its benchmark interest rates alone. The Fed...

'Dark Knight' hits $400M mark in record time Tue, 05 Aug 2008 13:34:45 -0400
LOS ANGELES - Add another entry for "The Dark Knight" in Hollywood's record books: The Batman sequel has climbed past $400 million at the box office in just...

Fenway Sports Group takes a swing at golf Tue, 05 Aug 2008 12:24:44 -0400
Fenway Sports Group has a hand in everything from NASCAR to college sports marketing. Now the sports business firm launched by John Henry's Red Sox ownership group...

Archer Daniels Midland profit down 61 pct. in 4Q Tue, 05 Aug 2008 12:22:49 -0400
ST. LOUIS - Archer Daniels Midland Co. said today its fourth-quarter profit plunged by 61 percent, coming in below expectations even though revenues soared. The Decatur-Ill.-based...

Mohegan Sun, Foxwoods see revenue plunge $76M Tue, 05 Aug 2008 12:12:08 -0400
After years of spectacular winnings, Connecticut's two giant casinos are dealing with a more difficult hand. Foxwoods and Mohegan Sun recently reported their first...

Anheuser-Busch's data loss affects about 150,000 people Tue, 05 Aug 2008 11:32:02 -0400
MILWAUKEE - About 150,000 people nationwide have been affected by the theft of laptops with personal information about current and former employees of Anheuser-Busch Cos....

Molson Coors 2Q profit falls 56 percent Tue, 05 Aug 2008 11:23:12 -0400
DENVER - Molson Coors says its second quarter profit dropped 56 percent due to higher costs and charges associated with combining the company's U.S. arm with the maker...

Delta to offer Wi-Fi on mainline domestic fleet Tue, 05 Aug 2008 09:40:16 -0400
ATLANTA - Delta Air Lines Inc. said Tuesday it will offer broadband wireless Internet access on its entire domestic mainline fleet by the middle of next year. The Atlanta-based...

No change expected in Fed interest rates Tue, 05 Aug 2008 04:34:50 -0400
WASHINGTON - The Federal Reserve, caught between mounting job losses and rising inflation, is likely to sit tight and hope that the interest rate cuts it has already provided...

Poll shows big support for civilian flaggers Tue, 05 Aug 2008 03:21:21 -0400
Massachusetts residents overwhelmingly support use of civilian flaggers, rather than uniformed cops, to direct traffic at public road projects, a new poll finds. About...

Ex-Boston Scientific units merged Tue, 05 Aug 2008 03:21:06 -0400
Navilyst Medical introduced itself yesterday. The Marlboro-based medical device maker consists of two former Boston Scientific units. The new name - a combination of...

Realtors laud tax credit Mon, 04 Aug 2008 22:25:11 -0400
Real-estate agents see a new $7,500 tax credit for first-time home buyers as a possible tipping point that could help change the dynamics of the struggling housing market. ...

Pulte Homes to offer $7,500 discount on all homes Mon, 04 Aug 2008 17:08:35 -0400
LOS ANGELES - Pulte Homes Inc.'s CEO says a new, temporary tax credit for first-time homebuyers signed into law last week is a "shot in the arm" to the housing...

WCI Communities files for bankruptcy Mon, 04 Aug 2008 15:14:51 -0400
MIAMI - Carl Icahn's WCI Communities became the latest casualty of the housing market crisis today, filing for Chapter 11 bankruptcy protection after the home builder...

Dine, drink and watch: Showcase Cinema de Lux Patriot Place Tue, 05 Aug 2008 21:52:39 -0400
National Amusements will open its Showcase Cinema de Lux Patriot Place theater complex on Friday at Foxborough. The theater will allow moviegoers to dine and drink cocktails...

Four win Yankee Quill Awards Tue, 05 Aug 2008 17:02:07 -0400
BOSTON - Four New England journalists, including a pioneer from the Colonial-era, will receive the Yankee Quill Award this fall for their contributions to the betterment of...

Circuit City defends its sense of humor Mon, 04 Aug 2008 17:38:07 -0400
RICHMOND, Va. - Ignoring Alfred E. Neuman's mantra of "What, me worry?," Circuit City Stores Inc. temporarily banished the irreverent MAD Magazine from its...

Cape Cod Healthcare cuts 169 jobs Tue, 05 Aug 2008 05:28:51 -0400
BARNSTABLE - The new chief executive of Cape Cod Healthcare Inc. took a major step in getting the system on firmer financial footing by announcing 169 jobs cuts. Dr. Richard...

ImClone hints at dim view of Bristol-Myers offer Mon, 04 Aug 2008 10:06:38 -0400
NEW YORK - ImClone Systems Inc.'s board of directors said Monday its initial view of a $4.5 billion buyout offer from cancer drug partner Bristol-Myers Squibb Co. is...

Dire financial straits for state's hospitals Mon, 04 Aug 2008 07:32:58 -0400
BOSTON - An increasing number of hospital systems in Massachusetts are running operating deficits. According to reports filed with the state Division of Health Care Finance...

Car leasing's fall means cost climb for consumers Mon, 04 Aug 2008 15:21:46 -0400
CHICAGO - Just when motorists were starting to adjust to exorbitant gas prices, they face the prospect of much higher costs, fewer choices and a dearth of financing options...

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