News money 2008-04-24 Andanh.com

Hannaford ups data security after major computer breach Tue, 22 Apr 2008 23:02:13 -0400
PORTLAND, Maine - Hannaford Bros. Co. said yesterday it is spending millions of dollars to enhance the security of its data network following a massive breach that exposed...

The Ticker Tue, 22 Apr 2008 22:36:51 -0400
Nearly 500 taxpayers who requested Telefile extensions and who also set up an electronic payment had their accounts debited twice by the state, the Department of...

Vigilante Bum Bot patrols Atlanta Tue, 22 Apr 2008 22:08:15 -0400
ATLANTA - Cars passing O'Terrill's pub screech to a halt at the sight of a 300-pound, waist-high robot marked "SECURITY" rolling through downtown long...

GlaxoSmithKline buys Cambridge drug company Sirtis for $720 million Tue, 22 Apr 2008 21:32:05 -0400
British drug giant GlaxoSmithKline is buying Sirtris Pharmaceuticals, a tiny Cambridge company, for a whopping $720 million, the two companies announced yesterday. And...

State looks to get in on biotech ground floor Tue, 22 Apr 2008 21:31:04 -0400
The state of Massachusetts could one day be part-owner of the next Genzyme or Biogen Idec. A little-noticed provision in the $1 billion life sciences initiative bill...

Yahoo 1Q profit rises, but it might not thwart Microsoft Tue, 22 Apr 2008 17:25:09 -0400
SAN FRANCISCO - Yahoo Inc. delivered first-quarter results that surpassed analysts' modest expectations, but the performance might not be enough to fortify the Internet...

AT&T 1Q profit up 22 percent on strong wireless growth Tue, 22 Apr 2008 16:36:50 -0400
NEW YORK - Showing few signs of being affected by a slowing economy, AT&T Inc.'s first-quarter earnings rose 22 percent on strong growth in wireless. The wireless...

Record gas prices strain budgets, economy Tue, 22 Apr 2008 16:26:09 -0400
Pump prices hit a record average of $3.41 a gallon in Massachusetts yesterday - and consumers and businesses across the state are feeling the pressure. "It hurts,"...

Stocks under pressure Tue, 22 Apr 2008 16:19:48 -0400
NEW YORK - Wall Street ended the day with a sharp loss after disappointing news from companies including DuPont and McDonald's Corp. Another spike in oil prices also...

Raytheon's Swanson receives 2007 compensation of $15M Tue, 22 Apr 2008 14:43:25 -0400
Raytheon Co. Chairman and Chief Executive William H. Swanson received 2007 compensation of nearly $15 million, up almost 25 percent from the previous year, according to regulatory...

Hannaford spending millions to upgrade after security breach Tue, 22 Apr 2008 14:40:53 -0400
PORTLAND, Maine - Hannaford Bros. Co. said today it is spending millions of dollars to enhance the security of its data network following a massive security breach that exposed...

Gas prices rise further above $3.50, while oil nears $120 Tue, 22 Apr 2008 14:32:07 -0400
NEW YORK - Gas and oil prices moved further into record high territory today, with retail gas reaching a national average of $3.51 for the first time and crude nearing $120...

Chain, Lexington hotel eye group's green stamp Tue, 22 Apr 2008 13:47:23 -0400
At a time when hotels everywhere are celebrating earth-friendly initiatives, Starwood Hotels & Resorts Worldwide has upped the ante with its newest hotel line. The...

Film eyes big green building Tue, 22 Apr 2008 13:45:51 -0400
It might not seem like it now, with all the focus on going green and eco-chic. But a few years ago, the very concept of an environmentally friendly residential building...

Short on material Tue, 22 Apr 2008 10:32:10 -0400
My girlfriend bought me a thong bathing suit for our trip to Miami last weekend. I've never worn one before. I got three steps down the beach when somebody shouted, "Hey...

Disney unveils nature film unit after success of 'Penguins' Tue, 22 Apr 2008 05:56:06 -0400
BURBANK, Calif. - Following the box office success of "March of the Penguins," The Walt Disney Co. said Monday it launched a new film production unit called Disneynature...

Don't spend $ on new fund's gimmick Tue, 22 Apr 2008 03:50:07 -0400
For years, the mutual fund industry has talked about creating actively managed exchange-traded funds, and I always figured that the very first one - heralding the new genre...

Bank of America profit drop due partly to area unit Mon, 21 Apr 2008 23:11:42 -0400
Boston's Columbia Management is getting banged up by the turmoil in the capital markets. Bank of America, which owns Columbia, reported a huge 77 percent decline...

Existing home sales, prices decline Tue, 22 Apr 2008 16:28:45 -0400
WASHINGTON - Sales of existing homes fell in March, the seventh drop in the past eight months, as the spring sales season got off to a rocky start. The median price of...

Economist: Housing slump may exceed Depression Tue, 22 Apr 2008 13:35:51 -0400
NEW HAVEN, Conn. - An influential economist who long predicted the housing market bubble cautioned today that the slump in the U.S. housing market could cause prices to fall...

The Working Stiff Wed, 23 Apr 2008 00:30:24 -0400
Q: What do you get when you cross a monkey and a bathtub with the letters "R," "I" and "L?" A: Ape-ril Showers! That extremely...

Wall Street Journal top editor Brauchli stepping down Tue, 22 Apr 2008 15:40:17 -0400
NEW YORK - Marcus Brauchli is stepping down as managing editor of The Wall Street Journal just four months after Rupert Murdoch's News Corp. bought the paper, the company...

Source: Murdoch closing in on deal for Newsday Tue, 22 Apr 2008 15:27:51 -0400
CHICAGO - Rupert Murdoch is edging closer to owning Newsday, a deal that could help stem losses at his New York Post tabloid by combining production operations, people familiar...

Bloomberg denies interest in buying Times Tue, 22 Apr 2008 04:36:34 -0400
The Big Apple's mayor doesn't want to buy Boston's Boring Broadsheet. Billionaire New York City Mayor Michael Bloomberg yesterday shot down reports that he...

GlaxoSmithKline acquires Sirtris for $720 million Tue, 22 Apr 2008 19:42:42 -0400
The British drug giant GlaxoSmithKline is buying Cambridge-based Sirtris Pharmaceuticals for $720 million, the two companies announced today. The deal offers a financial...

Genzyme plans R&D center in Beijing Tue, 22 Apr 2008 12:15:44 -0400
CAMBRIDGE - Genzyme Corp. plans to build a biotechnology research and development center in Beijing big enough to accommodate 350 employees. The Cambridge-based maker...

Feds to require 31.6 mpg by 2015 Tue, 22 Apr 2008 17:30:59 -0400
WASHINGTON - The next generation of new cars and trucks will need to meet a fleet average of 31.6 miles per gallon by 2015, the Bush administration proposed today, seeking...

GM faces strike or threats at 5 factories Tue, 22 Apr 2008 15:18:45 -0400
DETROIT - Workers at five General Motors Corp. factories are either on strike or threatening a strike as disputes over local contracts continue to surface. The latest strike...

RockPort Capital backs electric car Tue, 22 Apr 2008 14:44:57 -0400
A Boston-based clean technology-focused venture capital firm is partnering with West Coast VC powerhouse Kleiner Perkins and a Norwegian company to bring electric cars to...

Business briefs, April 22, 2008 Tue, 22 Apr 2008 08:23:00 EDT
The Windham Endowment for Community Advancement has received a generous gift, which will be used as a starting point for the Nesmith Library Renovation and Expansion campaign. The very generous offering, made by library trustee and vice chair, Mary Lee Underhill, was presented to the Board of Directors of the Windham Endowment during a recent Board meeting.

BizNorth Planner Tue, 22 Apr 2008 08:23:00 EDT
EDITOR'S NOTE: The BizNorth Planner is a calendar of business-related workshops, seminars, fairs and other events. To be included, send a brief notice with basic information about the event and whom to contact. The service is free, but it is not an advertisement. We reserve the right to edit the copy so it complies with our newspaper's guidelines. Send news by mail to BizNorth, 100 Turnpike St., North Andover, MA 01845; by fax, 978-687-6045.

A hopeful economy Thursday April 24, 2008
WORCESTER - The city and surrounding communities are faring better during under the current economic downturn than many areas of the country, and the regional economy - a mix of health care, education, life sciences and financial services - will help keep the state's unemployment rate below the national average, according to the state's economic development secretary.

Banking official sees end of pensions within years Thursday April 24, 2008
STURBRIDGE - A top official with the nation's banking system is predicting massive social upheaval in 10 years unless laws are enacted to safeguard the benefits of the American worker.

EMC's profit off 14 percent Thursday April 24, 2008
HOPKINTON - EMC Corp.'s first-quarter profit dipped 14 percent on acquisition-related charges, but the data storage vendor managed to post a double-digit revenue gain amid a slow U.S. economy.

Dental dollars Thursday April 24, 2008
NEW YORK - Dazzled by the bull market in gold, people are digging through drawers for old dental caps, fillings and bridgework they saved years ago and selling them at prices that would make the tooth fairy blush.

Liberty Mutual will buy Safeco Thursday April 24, 2008
BOSTON - Liberty Mutual Group Inc. said yesterday it has agreed to buy Safeco Corp. for $6.2 billion in cash in a deal to create the nation's fifth-largest property and casualty insurer.

Senate Republicans kill pay disparity legislation Thursday April 24, 2008
WASHINGTON - Senate Republicans killed legislation yesterday aimed at removing limits on how long workers can wait before suing their employers for pay discrimination.

Stocks advance after good earnings reports Thursday April 24, 2008
NEW YORK - Wall Street ended a choppy session with a moderate advance yesterday after a better-than-expected profit report at Boeing Co. and a seesaw day in the energy markets.

Aircraft businesses fear end of tax break Thu, 24 Apr 2008 06:00 EST

BOSTON — A proposal to end a tax break on aircraft sales and parts in Massachusetts is causing turbulence for aviation businesses, which fear losing customers to neighboring states.

Cape Cod Life moves downtown Thu, 24 Apr 2008 06:00 EST

HYANNIS — Come Monday, the 30 employees of Cape Cod Life Publications will be commuting to a new location.

Customer loyalty is earned Thu, 24 Apr 2008 06:00 EST

Much has been written about the erosion of customer loyalty, and how cost-conscious buyers are putting a higher priority on price.

Whales and weather: P'town's happening place Thu, 24 Apr 2008 06:00 EST

PROVINCETOWN — Diners at the Red Inn feasted on the sight of rare whales Sunday night.

Cape Commerce Thu, 24 Apr 2008 06:00 EST

The Consumer Assistance Council in Hyannis has brochures available called "How to Manage Your Mortgage if Your Lender Files for Bankruptcy.

NStar earns plaudits for careful pruning Thu, 24 Apr 2008 06:00 EST

The National Arbor Day Foundation has recognized NStar for its work on Massachusetts trees, according to the company.

This bank responds to interest Wed, 23 Apr 2008 06:00 EST

SOUTH DENNIS — By popular demand, Cape Cod Five has come to town.

Wind farm generates more than 40,000 comments Wed, 23 Apr 2008 06:00 EST

More than 40,000 individuals and organizations have submitted comments on an environmental review of the wind farm proposed for Nantucket Sound, according to federal officials.

Cape chambers collaborate Wed, 23 Apr 2008 06:00 EST

As discussion about regionalization heats up across the Cape, a group of nine local chambers of commerce have gone ahead and done it, forming a collaborative they hope will save money and improve service to their individual communities.

Cape employer sued over tips Wed, 23 Apr 2008 06:00 EST

Workers have filed a class-action lawsuit against a longtime Cape Cod restaurateur and hotelier, alleging that tips meant for servers were distributed to managers and owners instead.

Murdoch inks tentative deal for Newsday Wed, 23 Apr 2008 06:00 EST

The media baron Rupert Murdoch tightened his already imposing grip on the American news media yesterday, striking a tentative deal to buy Newsday and gaining his first chance to choose the top editor of The Wall Street Journal, after the resignation of...

If they pay, they stay Thu, 24 Apr 2008 16:19:37 -0400
Warning that America is experiencing a "housing emergency," six Boston city councilors want to force lenders who foreclose on Hub properties to rent seized houses...

Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next

Chinese Dir