News money 2008-04-30 Andanh.com

Mars to buy Wrigley Mon, 28 Apr 2008 21:31:46 -0400
CHICAGO - William Wrigley Jr.'s family spent more than 115 years building the soap salesman's fledging company into a massive corporation that made chewing gum a...

80 people in Massachusetts died of workplace injury in 2007 Mon, 28 Apr 2008 19:28:59 -0400
BOSTON - Eighty people died in Massachusetts last year from workplace-related injuries, nearly a quarter of them in falls, according to statistics released Monday by the AFL-CIO...

Circuit City shareholder filing sets up proxy battle Mon, 28 Apr 2008 18:00:09 -0400
RICHMOND, Va. - Regulatory filings indicate a proxy battle between an activist shareholder and electronics retailer Circuit City Stores Inc. is imminent. Wattles Capital...

Stocks finish little changed ahead of Fed rate meeting Mon, 28 Apr 2008 17:49:22 -0400
NEW YORK - Wall Street finished little changed today as investors turned cautious ahead of the Federal Reserve's two-day policy meeting, which starts tomorrow. Stocks...

Quest Diagnostics to pay nearly $689,000 in back wages Mon, 28 Apr 2008 17:34:32 -0400
Medical laboratory operator Quest Diagnostics Inc. has agreed to pay nearly $689,000 in back wages for alleged violations of federal labor law. The U.S. Department of Labor...

Mars buying gum maker Wrigley with financing from Buffett Mon, 28 Apr 2008 15:46:04 -0400
CHICAGO - The Oracle of Omaha is betting that the country's candy jar is recession-proof. With financing from Warren Buffett, candy maker Mars Inc. today said it is...

Tax rebates should start showing up in bank accounts today Mon, 28 Apr 2008 14:41:18 -0400
WASHINGTON - The government started depositing thousands of rebate checks in taxpayers' bank accounts today, earlier than originally scheduled, with the Bush administration...

Coal price hikes boost electric rates Mon, 28 Apr 2008 14:11:16 -0400
NEW YORK - Consumers struggling with high gas prices, rising food costs and falling home values have something new to worry about: Sharply rising electricity rates due to...

Growing customer base boosts Verizon 1Q profit by 9.8 pct Mon, 28 Apr 2008 13:54:55 -0400
NEW YORK - Verizon Communications Inc. today reported steady earnings in a stormy economy. The country's second-largest telecommunications company said first-quarter...

Sources: United, US Airways in merger discussions Mon, 28 Apr 2008 13:40:58 -0400
CHICAGO - United Airlines and US Airways are in very advanced talks and expect to announce within weeks that they are combining, two people familiar with the negotiations...

Gas hits $3.60 a gallon, crude nears $120 on supply outages Mon, 28 Apr 2008 12:29:37 -0400
NEW YORK - Gas prices hit $3.60 a gallon and oil futures rose to their own new record near $120 a barrel today as labor actions overseas threatened crude supplies. Oil prices...

Foreclosures help spark worst drop in state since 1990 Tue, 29 Apr 2008 03:13:31 -0400
Bay State home prices tumbled at the fastest pace in more than 17 years in March, while the number of houses changing hands fell by nearly a third, new figures show. ...

Back Bay, Beacon Hill homes surge over $1 million mark Mon, 28 Apr 2008 23:52:22 -0400
Despite today's tough times, investors are betting that Back Bay and Beacon Hill real estate is as good as gold. Even as the housing market fell through the floor...

Home sales, prices sink to new low Mon, 28 Apr 2008 21:26:12 -0400
Bay State home prices tumbled last month at the fastest pace in more than 17 years, while the number of houses changing hands tumbled by nearly a third, new figures show. Market...

Vacant homes set new record high in first quarter Mon, 28 Apr 2008 12:50:34 -0400
WASHINGTON - The percentage of vacant homes for sale in the U.S. set a new record high in the first quarter of this year, the government said today. The Census Bureau report...

Media co. Cox eyes online ad growth, buys startup for $300M Tue, 29 Apr 2008 07:20:25 -0400
NEW YORK - Media conglomerate Cox Enterprises Inc., betting its future on Internet advertising as newspaper and television audiences shrink, plans to spend $300 million to...

'Grand Theft Auto IV' expected to sell 9 million copies at launch Mon, 28 Apr 2008 21:50:36 -0400
LOS ANGELES - The run-up to "Grand Theft Auto IV," which was released this morning at midnight, has been considerably less ballyhooed than last year's over-the-top...

Alternatives to Lasik surgery come into focus Mon, 28 Apr 2008 15:26:54 -0400
WASHINGTON - Frightened by headlines about Lasik side effects? Lasik gets all the advertising, but there are half a dozen alternate eye surgeries - from a simpler laser approach...

Study says FDA allowed risky tests of blood substitutes Mon, 28 Apr 2008 14:45:13 -0400
CHICAGO - Experimental blood substitutes raised the risk of heart attack and death, yet U.S. regulators allowed human testing to continue despite warning signs, says a scathing...

Docs use genes to restore some sight Mon, 28 Apr 2008 03:35:30 -0400
NEW YORK - Scientists for the first time have used gene therapy to dramatically improve sight in people with a rare form of blindness, a development experts called a major...

GM to cut 1 shift each at 4 pickup truck, SUV factories Mon, 28 Apr 2008 16:30:54 -0400
DETROIT - General Motors Corp. says it will cut one shift at four North American factories that make pickup trucks and big sport utility vehicles, resulting in some layoffs. The...

Kerkorian seeks to boost Ford stake, citing solid turnaround Mon, 28 Apr 2008 12:03:28 -0400
DETROIT - Billionaire Kirk Kerkorian made yet another foray into the troubled automotive industry today with an offer to expand his stake in Ford Motor Co. to 5.6 percent. Kerkorian's...

Nervous camps Wednesday April 30, 2008
NEW YORK - As headlines about a struggling economy pour in, parents worried about their wallets are waiting longer to register their children for summer camp and more are asking for financial aid.

3Com names new CEO Wednesday April 30, 2008
MARLBORO - A month after a merger with a private investment firm fell through, 3Com Corp.'s board of directors appointed a new chief executive officer and chief operating officer. A company spokesman said the appointment of Robert Mao had nothing to do with the failed buyout by Bain Capital Partners LLP, but to maximize opportunities in China, where Mr. Mao will be based.

Consumer confidence lower Wednesday April 30, 2008
NEW YORK - From soaring gas prices to weaker job prospects, Americans are gloomier about the economy than just before the U.S. invasion of Iraq. They're so anxious that fewer people say they are planning to take a vacation than in 30 years.

Siemens' probe finds extensive problems Wednesday April 30, 2008
MUNICH, Germany - The law firm hired by Siemens AG to investigate corruption claims said yesterday it had found evidence of violations across the company and in several countries.

Build a better mosquito trap ... Wednesday April 30, 2008
HUDSON, N.Y. - Workers at the Kaz Inc. factory here will be watching this summer to see whether their latest product sends mosquitoes to their doom.

Investors await Fed decision on rate cut Wednesday April 30, 2008
NEW YORK - Wall Street turned in a mixed performance yesterday as investors traded cautiously ahead of the Federal Reserve's decision on interest rates today.

Fed poised for new rate cut Wed, 30 Apr 2008 06:00 EST

WASHINGTON — The Federal Reserve is poised to deliver another interest rate cut to millions of people and businesses this week, although that could be the last break they get for a while.

Kadar quits county planning post Wed, 30 Apr 2008 06:00 EST

TRURO — Susan Kadar, Truro's representative on the Cape Cod Commission and a vocal advocate for more transparency in county government, plans to leave her post Aug. 1.

Foreclosures fuel record price declines Wed, 30 Apr 2008 06:00 EST

NEW YORK — In a bad omen for sellers and lenders this spring home-selling season, the erosion of house values is accelerating and foreclosure filings are doubling, new data showed yesterday.

Consumer confidence tumbling Wed, 30 Apr 2008 06:00 EST

NEW YORK — Soaring gas prices and weaker job prospects made Americans gloomier about the economy in April, sending a widely watched measure of consumer sentiment to a five-year low, a private research group said yesterday.

Statistics: Housing plan misses target Wed, 30 Apr 2008 06:00 EST

WASHINGTON — Last August, President Bush promised to help homeowners who had fallen behind on their mortgage payments refinance with stable government-insured loans. This month, officials asserted that more than 150,000 people had benefited.

Transit authority starts rider survey Wed, 30 Apr 2008 06:00 EST

The Cape Cod Regional Transit Authority plans to begin a survey today to help improve service in Barnstable.

Hyannis hotel sustains fire, water damage Wed, 30 Apr 2008 06:00 EST

HYANNIS — A fire linked to construction work damaged the the Resort & Conference Center on Scudder Avenue yesterday afternoon, a fire official said.

Median home price was $325,000 Wed, 30 Apr 2008 06:00 EST

Because of a reporting error, the median home price on Cape Cod reported on Page B-1 of Tuesday's Times was incorrect. The median price for a single family home was $325,000 in March.

Stocks mixed with investors flummoxed about rate outlook Wed, 30 Apr 2008 15:49:13 -0400
NEW YORK - Wall Street gave up sharp gains to trade mixed today after the Federal Reserve cut interest rates by a quarter point but left investors in the dark about the central...

Hoppy ending: BC brewer nets Sam Adams prize Wed, 30 Apr 2008 15:37:27 -0400
With just six months of home brewing under his belt, a Boston College senior took the top prize in the Boston Beer Co.'s Patriot Homebrew Contest. Adam Walsh's...

Fed cuts interest rate by quarter-point Wed, 30 Apr 2008 14:44:30 -0400
The Federal Reserve cut its key Fed Funds rate by a quarter-point today to 2 percent, but analysts believe the central bank may be close to ending a seven-month run of easing...

OSHA proposes fine in workplace fatality Wed, 30 Apr 2008 14:10:33 -0400
WORCESTER - A company that handles freight in Worcester faces a nearly $29,000 fine after a fatal industrial accident. Paul Harding of Spencer was killed in December when...

Proposal to ban plastic shopping bags defeated Wed, 30 Apr 2008 14:05:06 -0400
STURBRIDGE - Town Meeting members in Sturbridge have defeated a bid by two high schools to ban the use of plastic shopping bags at three large stores. The proposed article...

Incentive to add jobs Wed, 30 Apr 2008 13:55:21 -0400
A major financial firm would add hundreds of jobs in Boston in exchange for millions in tax breaks under a deal being negotiated at City Hall. JPMorgan Chase & Co....

Alcatel-Lucent reports Q1 loss amid stiff competition Wed, 30 Apr 2008 11:08:17 -0400
PARIS - Alcatel-Lucent reported a fifth straight quarterly loss on Wednesday and braced investors for a bleak 2008 future, saying the telecommunication equipment market will...

Energy futures drop on unexpected jump in crude supplies Wed, 30 Apr 2008 11:03:25 -0400
NEW YORK - Energy futures are down sharply after the government's report that crude oil and distillate fuel inventories rose more than expected last week. The Energy...

City woos JPMorgan with tax incentives Wed, 30 Apr 2008 10:47:23 -0400
A major financial services firm will add hundreds of jobs in Boston in exchange for a multimillion-dollar tax deal with City Hall. JPMorgan Chase & Co. will renovate...

Movie patrons' ticket to the toilet Tue, 29 Apr 2008 23:14:01 -0400
The young brown-eyed woman was earnest as she showed me her credentials - a torn ticket stub that I had crudely severed (ignoring the perforation marks) only minutes earlier. ...

After 1 year, no progress on Roxbury's art complex Tue, 29 Apr 2008 23:09:36 -0400
When a key set of city-owned parcels in Roxbury hit the block, some predicted a development gold rush into the long-neglected neighborhood. But roughly a year after a...

Un-Whole-some choice Tue, 29 Apr 2008 23:02:40 -0400
Bentley College has chosen Whole Foods Market's John Mackey as its 2008 commencement speaker, even though he's faced an SEC probe, an antitrust lawsuit and once...

Fed move may make rates lowest since '04 Tue, 29 Apr 2008 20:30:14 -0400
WASHINGTON - The Federal Reserve is poised to deliver another interest rate cut to millions of people and businesses this week, although that could be the last break they...

Masri out, Mao in as 3Com CEO in wake of failed buyout Tue, 29 Apr 2008 17:34:55 -0400
MARLBOROUGH - Robert Mao is replacing Edgar Masri as chief executive of 3Com Corp. in the wake of a failed buyout of the network equipment maker. A shuffling in the executive...

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

Chinese Dir