News money 2008-05-04 Andanh.com

DreamWorks Animation posts jump in 1Q net profit Tue, 29 Apr 2008 16:54:06 -0400
LOS ANGELES - DreamWorks Animation SKG Inc. says its first-quarter net profit grew 69 percent from a year ago thanks to revenue from "Bee Movie" and "Shrek...

Stocks mixed with investors wary before Fed's rate decision Tue, 29 Apr 2008 16:19:37 -0400
NEW YORK - Wall Street has turned in a mixed performance, with investors keeping a cautious stance ahead of the Federal Reserve's Wednesday decision on interest rates. Policy...

BP and Shell post big profits in era of record oil prices Tue, 29 Apr 2008 16:16:50 -0400
LONDON - BP PLC and Royal Dutch Shell PLC, Europe's two biggest oil producers, posted forecast-busting first-quarter earnings today thanks to record crude oil prices...

Consumer confidence drops in April on inflation, job worries Tue, 29 Apr 2008 16:02:00 -0400
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...

British Airways to increase fuel surcharges on all flights Tue, 29 Apr 2008 15:32:37 -0400
LONDON - British Airways PLC says it will raise its fuel surcharge on all flights. BA says the increases reflect the high price of oil, which has flirted with $120 a barrel...

Merck stock plunges after FDA rejects key cholesterol drug Tue, 29 Apr 2008 15:14:09 -0400
TRENTON, N.J. - Stock in drugmaker Merck & Co. plunged as analysts warned investors today to expect lower revenues and share prices, a day after the Food & Drug Administration...

MasterCard profit more than doubles as card use abroad rises Tue, 29 Apr 2008 09:51:59 -0400
NEW YORK - MasterCard's profit more than doubled in the first quarter, the card processor said Tuesday, as more customers outside the United States used their credit...

FDIC housing plan aims to help 1 million borrowers Wed, 30 Apr 2008 14:50:54 -0400
WASHINGTON - The government would give emergency loans to around 1 million troubled borrowers under a new housing-assistance plan developed by a federal bank regulator. Sheila...

Countrywide loses $893 million in 1Q on rising loss reserve Tue, 29 Apr 2008 09:20:08 -0400
CALABASAS, Calif. - Countrywide Financial says it lost $893 million during the first quarter due to a sharp increase in its provision for loan losses. The Calabasas, Calif.-based...

The Flash outruns death! 23 years later, running again Wed, 30 Apr 2008 07:22:46 -0400
NEW YORK - He's so fast, he can even outrun death: Barry Allen, aka The Flash, is speeding back to life 23 years after being killed off. Allen was the second man -...

Editorial, sports, celebrity writers join Boston Globe exodus Wed, 30 Apr 2008 03:58:05 -0400
Boston Globe sportswriters Jackie MacMullan and Peter May and real estate reporter Thomas Palmer are among the 23 newsroom workers who are leaving the paper as part of a voluntary...

Tour to promote downtown living Wed, 30 Apr 2008 02:16:16 -0400
A financial planner, retired architect, real estate broker, dental medicine professor and others will open their Boston homes to the public next week to showcase the livability...

Cablevision poised on Newsday bid Tue, 29 Apr 2008 08:41:00 -0400
NEW YORK - Cablevision Systems Corp. appears poised to make an end-around bid for Newsday this week with an offer expected to top two competing $580-million bids by media...

Ovary test claims to give eggs' fresh date Wed, 30 Apr 2008 15:10:06 -0400
CHICAGO - A new medical test for women who want to check their biological clocks is debuting here amid concerns about its usefulness and enormous interest in the consequences...

Dialysis drug linked to 81 deaths Tue, 29 Apr 2008 23:18:07 -0400
WASHINGTON - The widow of a man who died after receiving contaminated heparin told a congressional subcommittee yesterday "we have a false sense of security" in...

Study finds increases in nursing home, assisted living costs Tue, 29 Apr 2008 14:16:38 -0400
NEW YORK - Costs for nursing homes, assisted living facilities and some in-home care services have increased for a fifth consecutive year, and could rise further if a shortage...

GM loses $3.3 billion in 1Q, lowers sales outlook Wed, 30 Apr 2008 09:08:43 -0400
DETROIT - General Motors Corp. struggled to a $3.3 billion first-quarter loss, due in part to a weak U.S. market, a strike at a major parts supplier and plummeting sales of...

Consumer spending up but much of gain reflects higher prices Thu, 01 May 2008 12:02:00 EDT
WASHINGTON (AP) — Soaring prices for food, gas and other everyday needs pushed consumer spending to a faster pace than expected in March.
The Commerce Department reported today that consumer spending was up 0.4 percent, double the increase that economists had forecast.

GM forms another partnership with an ethanol startup company Thu, 01 May 2008 12:00:00 EDT
WASHINGTON (AP) — General Motors Corp. said today it had taken an ownership stake and formed a partnership with Mascoma Corp., a renewable energy company that is working to develop cellulosic ethanol from wood chips, waste paper sludge and switch grass.

Fast or thrifty? Friday May 2, 2008
NEW YORK - Drivers have long known that slowing down on the highway means getting more miles to the gallon. Now airlines are trying it, too - adding a few minutes to flights to save millions on fuel.

Commerce sale looks good to go Friday May 2, 2008
BOSTON - Spain's biggest insurer is poised to acquire Webster-based Commerce Group Inc. after state regulators said the $2.2 billion deal complies with state laws and poses no antitrust concerns.

Sepracor income is slightly lower Friday May 2, 2008
MARLBORO - Drug developer Sepracor Inc. yesterday posted first-quarter results that beat analysts' expectations and reported agreements to settle patent litigation, buy a Canadian company and develop inhaled medicines.

Home Depot closing stores Friday May 2, 2008
ATLANTA - It's been 4 1/2 years since former Home Depot Chief Executive Bob Nardelli's bold prediction that the home improvement retailer could sustain "unlimited growth" without significantly affecting sales at established stores.

Stocks, dollar higher as oil prices decline Friday May 2, 2008
NEW YORK - Wall Street shot higher yesterday as investors, while anticipating another dismal jobs report today, viewed the rising dollar and falling oil prices as promising for the economy. The Dow Jones industrial average rose nearly 190 points to finish above 13,000 for the first time since Jan. 3.

Employers hold job fair at Nauset High Fri, 02 May 2008 06:00 EST

More than 20 employers set up tables in the Nauset Regional High School cafeteria yesterday to recruit students for summer positions.

Airlines fly slower to cut fuel costs Fri, 02 May 2008 06:00 EST

NEW YORK — Drivers have long known that slowing down on the highway means getting more miles to the gallon. Now airlines are trying it, too — adding a few minutes to flights to save millions on fuel.

Median home price falls to $315,000 Fri, 02 May 2008 06:00 EST

BARNSTABLE — Real estate sales volume on Cape Cod declined for the seventh straight month in April, according to numbers released yesterday by the Barnstable County Registry of Deeds.

Buying is rising, because costs are Fri, 02 May 2008 10:30 EST

WASHINGTON — Don't be fooled by a larger-than-expected increase in consumer spending. People aren't buying more — they're just paying more for what they buy.

State OKs NStar plan to sell 'green' power Fri, 02 May 2008 06:00 EST

The state Department of Public Utilities has approved a new "green" program from NStar.

Nantucket gas prices climb to $4.56 Fri, 02 May 2008 06:00 EST

NANTUCKET — Gasoline prices soared to new highs yesterday, surpassing $4.50 a gallon at island gas stations. One day earlier, there was a run on stations as word spread that much higher prices were coming.

Smaller vehicles become big sellers in April Fri, 02 May 2008 06:00 EST

DETROIT — Small cars were the big winners in April, as high gas prices accelerated U.S. consumers' rush away from trucks and sport utility vehicles and makers of fuel-efficient models scored gains despite the weak economy.

New push for county openness Thu, 01 May 2008 10:00 EST

A Barnstable County Assembly of Delegates subcommittee has recommended $10,000 be included in this year's budget to televise the commissioners weekly meetings.

Economy puts squeeze on tips Thu, 01 May 2008 10:00 EST

Jocelyne Aposaga is a hairstylist who relies on tips for about 20 percent of her income. As the economy slumps, she has a new survival plan: cut tips.

Strapped consumers cleaning out attics Thu, 01 May 2008 10:00 EST

Struggling with mounting debt and rising prices, faced with the toughest economic times since the early 1990s, people are selling off grandmother's dishes and their own belongings.

Hingham brings in new kind of buyer Fri, 02 May 2008 04:26:32 -0400
Jerry Travers has lived in Hingham all his life, but the 68-year-old figured he'd have to downsize elsewhere - until he and his wife found a nice two-bedroom condo in...

02043: By the Numbers Fri, 02 May 2008 04:26:04 -0400
Here's a look at who lives in the 02043 Zip code, which includes Hingham Square and surrounding neighborhoods. Figures are from the 2000 census: Population: 19,882...

A mix of shops and eateries Fri, 02 May 2008 04:25:30 -0400
Hingham Square is just beginning to rebound from three years of construction in which workers built a commuter-rail line under the town's retail district. "Local...

This place is really Spacey Thu, 01 May 2008 23:36:31 -0400
Actor Kevin Spacey is apparently the real estate bust's latest victim. The New York Post says Spacey recently cut the asking price on his Manhattan penthouse to $4.67...

Cambridge cools off Thu, 01 May 2008 15:28:03 -0400
The sizzling Cambridge market for office space has peaked and may be headed for a cooldown, just months after Microsoft and Google established major beachheads in the city,...

New law extends foreclosure notification period Thu, 01 May 2008 07:12:37 -0400
BOSTON - A new state law provides a 90-day cooling off period for Massachusetts homeowners facing the prospect of foreclosure. The law, which takes effect Thursday, requires...

Wellington inks big lease Wed, 30 Apr 2008 22:54:31 -0400
In a major boost for the downtown office market, Boston Properties has landed a deal to rent out almost all of its new 31-story tower at Russia Wharf. Deep-pocketed financial...

MTV owner Viacom reports 33 pct 1Q profit rise Fri, 02 May 2008 10:10:35 -0400
NEW YORK - Entertainment company Viacom Inc. reported a 33 percent rise in first-quarter earnings today, lifted by stronger sales of the "Rock Band" video game. The...

Sign of times: Lobel leaves WBZ Thu, 01 May 2008 09:15:14 -0400
Like other Boston TV legends who have come and gone, he deserved a fitting, farewell tribute. But WBZ-TV Channel 4 sports icon Bob Lobel insisted yesterday that he didn't...

Report: Cablevision plans to bid for Newsday Wed, 30 Apr 2008 16:48:25 -0400
NEW YORK - Cablevision Systems Corp. plans to make an offer of up to $650 million to acquire Newsday from Tribune Co., The Wall Street Journal reported Wednesday in its online...

Small cos. face huge insurance costs Thu, 01 May 2008 23:02:23 -0400
Attleboro's Old Barn, an old-fashioned feed store, was on its way out of business when it caught the eye of Bob Bamberg. He had worked in the feed store business long...

CDC: 3 out of 4 new moms in US now breast-feed their infants Wed, 30 Apr 2008 17:00:47 -0400
ATLANTA - More than 3 out of 4 new moms now breast-feed their infants, the highest rate in the U.S. in at least 20 years, according to a a government report released Wednesday. About...

GM partners with Boston-based ethanol startup Thu, 01 May 2008 16:31:55 -0400
WASHINGTON - General Motors Corp. said today it has taken an ownership stake in a renewable energy company that is working to develop ethanol from wood chips, waste paper...

Brattleboro shoppers stay with True Value Saturday May 3, 2008
BRATTLEBORO, Vt. - When a Home Depot set up shop across the street, Fireside True Value hardware store owner Wayne St. John knew it would probably take some of his customers away.

Ron Bouchard to hit the road Saturday May 3, 2008
FITCHBURG - Ron Bouchard, owner of a large multi-manufacturer car dealership on Route 2A, plans to move part of his operation to Lancaster.

Linens 'n Things seeks bankruptcy protection Saturday May 3, 2008
NEW YORK - A Chapter 11 bankruptcy filing by Linens 'n Things is the latest sign that the retail sector is becoming leaner and meaner amid a difficult consumer environment.

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

Chinese Dir