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| Reassuring news: Job cuts lower than expected Saturday May 3, 2008 WASHINGTON - The economy showed off unexpected signs of resilience yesterday as job losses slowed, the dollar gained a bit of muscle for a change and there were even indications that food prices may be easing. The unemployment rate dipped, though that may not last. |
| Stocks give up gains from jobless report Saturday May 3, 2008 NEW YORK - Wall Street turned in a mixed performance yesterday as investors set aside some initial enthusiasm over a stronger-than-expected jobs report to lock in some of their recent gains. Blue chip stocks logged their third weekly advance in a row as investors grew more confident about the economy's ability to outrun a deep downturn. |
| Big Oil faces big backlash Sat, 03 May 2008 06:00 EST WASHINGTON — With voters strapped by high gas prices, the Democratic leaders who run Congress will propose legislation as early as next week aimed at easing motorists' misery at the pump. |
| Exxon Mobile posts $10.9B profit Sat, 03 May 2008 06:00 EST Is it possible for a company to have its best earnings ever for the first three months of the year and the second-best of all time for any corporation and still not please anyone? |
| Tisbury says 'no' to booze - for now Sat, 03 May 2008 06:00 EST Yesterday's recount of last month's tie vote on allowing the sale of beer and wine at local restaurants and inns found the measure was defeated. |
| Government reports show some resilience in economy Sat, 03 May 2008 06:00 EST WASHINGTON — Employers shed jobs in April for the fourth consecutive month, but they did so at a much slower pace than analysts expected, and the unemployment rate actually improved to 5 percent, a government report said yesterday. |
| Fed plans tougher rules for credit card industry Sat, 03 May 2008 06:00 EST WASHINGTON — The Federal Reserve and other regulators initiated steps yesterday to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. |
| Power line fire briefly closes Bourne highway Sat, 03 May 2008 06:00 EST The Scenic Highway was closed briefly yesterday morning after an orange ball, used to warn aircraft of high tension wires over the Cape Cod Canal, caught fire when it made contact with a 345,000-volt electrical line, a utility spokesman said. |
| Choose your funds the way you'd pick a racehorse Sun, 04 May 2008 01:23:12 -0400 For many people, the only time of year they care at all about horse racing is when the Kentucky Derby rolls around. Once racing's Triple Crown has ended, investors forget... |
| Teen group lobbies for jobs Sun, 04 May 2008 01:14:45 -0400 In a basement library at St. Stephen's Episcopal Church in the South End, the next generation of Hub activists are being groomed to make an economic difference. ... |
| Salzano gets Triangle's top award Sun, 04 May 2008 01:00:51 -0400 James Salzano received the "Stan Black Humanitarian of the Year" award from Mike Rodrigues, CEO of Triangle at the Hyatt Regency in Cambridge. Salzano just completed... |
| Microsoft logs off on bid to purchase Yahoo! Inc. Sun, 04 May 2008 00:32:27 -0400 SAN FRANCISCO - Microsoft Corp. has withdrawn its $42.3 billion bid to buy Yahoo Inc., scrapping an attempt to snap up the tarnished Internet icon in hopes of toppling online... |
| Raytheon's real-life Iron Man Sat, 03 May 2008 22:59:12 -0400 All this weekend, comic-book fans and robotics buffs have been flocking to theaters to see the just-released movie, "Iron Man." And while they marveled at the... |
| Chevron's 1Q profit of $5.17B marks Big Oil's latest gusher Sat, 03 May 2008 13:39:13 -0400 SAN RAMON, Calif. - Astounding profits in the oil industry are becoming as routine as the anguished looks of motorists filling up their gas tanks. Chevron Corp. put yet... |
| Researchers key in battle for beauty business Sat, 03 May 2008 13:37:26 -0400 CINCINNATI - Jim Schwartz remembers feeling a little bewildered when he started his job developing beauty care products at Procter & Gamble Co. Schwartz, fresh off... |
| Berkshire net income falls 64 percent because of derivatives Sat, 03 May 2008 13:33:56 -0400 OMAHA, Neb. - Berkshire Hathaway Inc. said yesterday its first-quarter profit fell 64 percent because it recorded an unrealized $1.6 billion pretax loss on its derivative... |
| Fed likely to prefer lending over interest-rate cuts Sat, 03 May 2008 13:29:03 -0400 NEW YORK - The Federal Reserve's decision yesterday to lend more to banks may be a sign that policy makers want to avoid cutting interest rates any further, as they combat... |
| Weymouth film studio backers want action Sat, 03 May 2008 12:52:51 -0400 The Hollywood backers of a giant studio complex proposed for the South Shore warned yesterday they will have to reconsider their plans if Beacon Hill lawmakers won't... |
| Calif. man accused of investment scam targeting Christians Sat, 03 May 2008 12:37:48 -0400 SANTA ANA, Calif. - Federal authorities arrested a man accused of running an investment scheme that netted more than $25 million by targeting Christian investors nationwide. Jon... |
| Buffett and Munger fill arena for annual Berkshire meeting Sat, 03 May 2008 11:23:35 -0400 OMAHA, Neb. - Billionaire Warren Buffett's shareholders always look forward to the time he spends answering questions at Berkshire Hathaway's annual meeting, a chance... |
| CitiStreet going to ING Sat, 03 May 2008 07:32:59 -0400 Dutch banking giant ING is buying Quincy-based CitiStreet for $900 million, hinting that it plans to soon expand the operation. "Some deals are about cost-cutting,... |
| Cruise from here Fri, 02 May 2008 23:06:13 -0400 Norwegian Cruise Line's Norwegian Dream is now berthing at Black Falcon Terminal in Boston, its new homeport for the 2008 cruise season. Weekly cruises to Bermuda... |
| Feds to crack down on credit card companies Fri, 02 May 2008 22:42:06 -0400 WASHINGTON - The Federal Reserve and other regulators initiated steps yesterday to end "unfair and deceptive" credit card industry practices assailing consumers... |
| Linens 'n Things files for bankruptcy protection Fri, 02 May 2008 22:36:10 -0400 NEW YORK - Linens 'n Things is filing for bankruptcy protection, the latest major retailer to succumb to the difficult retail environment. The bedding- and home-furnishings... |
| Economy sees hopeful signs Fri, 02 May 2008 22:31:53 -0400 WASHINGTON - The economy showed off unexpected signs of resilience yesterday as job losses slowed, the dollar gained a bit of muscle for a change and there were even indications... |
| Fed OKs plan to rein in unfair, deceptive credit cards Fri, 02 May 2008 17:10:55 -0400 WASHINGTON - The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit card industry practices assailing consumers who... |
| Stocks give up gains from employment report to finish mixed Fri, 02 May 2008 16:44:06 -0400 NEW YORK - Wall Street turned in a mixed performance today as investors set aside some initial enthusiasm over a stronger-than-expected jobs report to lock in some of Wall... |
| Paperless air passes Fri, 02 May 2008 15:36:54 -0400 Continental Airlines passengers departing on domestic flights from Logan International Airport can now go paperless when it comes to boarding passes. Under a pilot program... |
| Gas prices slip for first time in weeks, may be near top Fri, 02 May 2008 14:49:51 -0400 NEW YORK - Retail gas prices fell slightly today- the first time in 18 days they haven't risen to a new record - and analysts say pump prices may be peaking for the year.... |
| Quincy-based CitiStreet sells to ING for $900M Fri, 02 May 2008 14:02:52 -0400 State Street Corp. and Citigroup are selling Quincy-based joint venture CitiStreet to Dutch banking giant ING for $900 million. "This transaction recognizes the strong... |
| Employers cut fewer jobs in April, jobless rate falls Fri, 02 May 2008 13:09:44 -0400 WASHINGTON - Employers cut far fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent, a better-than-expected showing that nonetheless reveals... |
| Credit crunch takes bigger bites Sun, 04 May 2008 00:30:34 -0400 Like a spreading infection, restrictions on credit are moving into new and more-specialized areas of the mortgage market. The latest niches to feel the pinch: Cash-out... |
| Posh in Park Square Sat, 03 May 2008 02:02:48 -0400 Unit 1506 in Park Square's One Charles complex features a stylish interior created by the same designer who did Red Sox slugger Manny Ramirez's place at the nearby... |
| Wii fitness game pitched to moms Sun, 04 May 2008 00:42:31 -0400 NEW YORK - Forget the flowers and candy - Nintendo Co Ltd's highly anticipated "Wii Fit" video game will debut in the U.S. later this month, and Wal-Mart Stores... |
| NY lawsuit seeks damages for use of Rockwell illustration Sat, 03 May 2008 11:17:06 -0400 NEW YORK - The owner of Norman Rockwell's "Bottom of the 6th" - showing three umpires looking skyward as first raindrops fall - is steaming over the use of... |
| Ford to offer buyouts to 1,300 workers in Ill., Ky. Sat, 03 May 2008 13:32:19 -0400 DETROIT - Ford Motor Co. will offer buyouts to about 1,300 workers at assembly plants in Chicago and Louisville, Ky., as part of the automaker's plan to adjust capacity... |
| Gen Y will love the 2008 Scion xB Fri, 02 May 2008 23:27:55 -0400 Toyota's clunky, funky, Scion xB aims to redefine the station wagon for the MySpace generation. Redesigned for the 2008 model year, the xB combines decent space... |
| Tesla rolls out its long-awaited electric sports car Fri, 02 May 2008 17:22:02 -0400 LOS ANGELES - It's safe to say Jeremy Snyder gets a charge out of the two-seat Tesla Roadster whenever he pulls one off the lot - and not because it's equipped with... |
| Auto Scanner: Brake fluid heating up in Camry Tue, 06 May 2008 03:11:00 EDT Q: The other day I was stopped in traffic when the brake pedal of my 2003 Toyota Camry went to the floor and I accelerated forward. Are there any recalls or bulletins on this particular Camry? Do you know any reason why this could have happened? |
| Peabody publisher buys online Christian book seller Tue, 06 May 2008 03:09:00 EDT Christianbook.com, a Peabody business that publishes Christian software and home curriculum products, has purchased DiscountChristian.com, an Internet retailer from California. DiscountChristian.com sells a line of Christian software that includes Bible study programs and reference works from several publishers, including Logos, Quickserve, Biblesoft, Zondervan and others. DiscountChristian.com's home school curriculum features Alpha Omega Publications, Saxon Math, Shurley English and other publishers. |
| New company focuses on capturing local sports Tue, 06 May 2008 00:41:00 EDT BEVERLY — Chances are, the memory of your game-winning Little League hit lives on only in the hazy recesses of your mind. Two enterprising Beverly residents say they have a better way to preserve such sports moments — on DVD. |
| How to save on hot water costs Tue, 06 May 2008 03:13:00 EDT Hot water, like heat, is a necessity. Over the course of one year, the average household — a home with two adults and two children — uses about 230 therms of natural gas or 3,500 kilowatt-hours of electricity to heat water. At current rates of $1.80 per therm and $.018 per kilowatt hour, this energy use converts to $414 and $630 per year, respectively. And there are other fuels available, such as propane and oil. |
| Business briefcase: May 16 Tue, 06 May 2008 03:13:00 EDT Flippin' Out offers tropical bash May 15 NEWBURYPORT — Flippin' Out, 97 Water St., will hold a tropical bash Thursday, May 15, from 5 to 8 p.m., to help launch their new products and new location. Join them for an exclusive evening of festive hors d'oeuvres and mango bellini's. Respond by May 8 to Heather at heather@innapinch.com, or call 617-669-7983. Be the lucky winner of an exclusive summer essentials bag filled with all your beach/boating necessities. |
| Food for thought Tuesday May 6, 2008 BOSTON - Harvard is the world's richest university, yet it recently pulled whole grain pasta from the dining service menu, replaced cherry tomatoes with wedges and even started using more chicken thighs in lieu of breasts. |
| Jury on duty in fraud case Tuesday May 6, 2008 WORCESTER - A jury in the multimillion-dollar fraud case against a former Shrewsbury investment counselor was sworn in yesterday after four hours of questioning in U.S. District Court. |
| Company fined in wage bilking Tuesday May 6, 2008 MARLBORO - A Marlboro cleaning company owned by a Worcester man was fined and ordered to pay more than $10,000 in restitution for failing to pay workers the prevailing wage. |
| Banks tightening lending standards in response to credit crisis, Fed says Tuesday May 6, 2008 WASHINGTON - The Federal Reserve reported yesterday that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis. |
| Deal that wasn't could be best for Microsoft, Yahoo Tuesday May 6, 2008 Sure, things look rough for Yahoo Inc. and Microsoft Corp. after they couldn't agree on a deal. Yahoo's stock has cratered, and its would-be suitor has to figure out another way to catch up in the online ad market, a flaw so big Microsoft was willing to pay $47.5 billion to fix it. |
| Stocks dip as oil rises, bid on Yahoo quashed Tuesday May 6, 2008 NEW YORK - Wall Street pulled back yesterday after Microsoft Corp.'s decision to withdraw its bid for Yahoo Inc. and as oil prices rose to a new record over $120 a barrel. |
| Shop local: Make a difference Tue, 06 May 2008 06:00 EST More than 40 Hyannis retailers are urging shoppers to take a break from the mall this Saturday to participate in the first Hyannis Business Improvement District Shop Local Day. |
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