Business - BostonHerald.com

Feds too much in the house

Sun, 20 Jul 2008 13:54:40 -0400

The bailout of mortgage giants Fannie Mae and Freddie Mac is raising questions about whether the U.S. government is too involved in promoting and ultimately paying for the...

Web's where it's at for networking

Sat, 19 Jul 2008 20:59:39 -0400

Step aside Chamber of Commerce. When it comes to networking, the World Wide Web is where it's at. These days if you want to be in the know and be known, you have...

Brandeis eyes aging masters

Sat, 19 Jul 2008 20:52:59 -0400

We all know that more Americans are living longer. But even Len Fishman, president and chief executive officer of Hebrew SeniorLife, a Boston-based senior services provider,...

Fannie, Freddie no threat to money-market funds

Sat, 19 Jul 2008 20:44:41 -0400

Edward in Brockton got scared enough by recent news headlines that he did the unthinkable. He read the paperwork for his money-market mutual fund. What he found...

The Corporate Shuffle

Sat, 19 Jul 2008 20:40:55 -0400

Fair Trade. Matthew V. Moore was appointed director of rooms and environmental programs for Seaport Hotel and Seaport World Trade Center in Boston. Clean sweep. ...

Going small: A Smart experience

Sat, 19 Jul 2008 14:12:26 -0400

WASHINGTON - Sometimes, I guess, timing is everything. When DaimlerChrysler AG announced in 2006 that it planned to bring the Smart fortwo micro car to the United States...

VC investment hold steady in 2Q at $7.4 billion

Sat, 19 Jul 2008 14:06:38 -0400

SAN FRANCISCO - The pace of U.S. venture capital investments remained steady at $7.4 billion during the second quarter despite a wobbly stock market that has made it increasingly...

Life is Good festival could draw 40,000

Sat, 19 Jul 2008 11:22:01 -0400

Life is Good today - literally - for downtown Boston shops and restaurants, with the upbeat Newbury Street retailer's day-long festival on Boston Common expected to draw...

DiMasi backs tax holiday

Sat, 19 Jul 2008 11:21:29 -0400

Anyone thinking of buying a big-ticket item such as a high-def TV or washing machine in the next few weeks - hold that thought, and you might save a few bucks. The Legislature...

Tomato growers: Salmonella scare damages industry

Sat, 19 Jul 2008 10:28:51 -0400

RICHMOND, Va. - The 6,000 acres of tomatoes grown on Virginia's sea-swept Eastern Shore were never implicated in the national salmonella outbreak - they were still on...

Dream of gas tax holiday faltered over job losses

Sat, 19 Jul 2008 10:24:10 -0400

WASHINGTON - The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have...

Mass. man gets 9-year sentence for tax scheme

Sat, 19 Jul 2008 07:08:52 -0400

A North Dartmouth man was sentenced to nine years in prison and ordered to pay $12.1 million in restitution for his role in what is being called the state's largest-ever...

This condo marches on

Sat, 19 Jul 2008 07:02:08 -0400

Your eyes may see the glory of the elegant condo at 241 Beacon St., located in "Battle Hymn of the Republic" lyricist Julia Ward Howe's one-time Back Bay brownstone. ...

Bill to spur affordable housing on hold

Fri, 18 Jul 2008 20:39:13 -0400

A proposal to spur construction of thousands of modestly priced starter homes has quietly fizzled on Beacon Hill. Backers are blaming the plunge in housing prices, which...

The Ticker

Fri, 18 Jul 2008 20:24:10 -0400

The Dutch company Royal Philips Electronics NV is relocating its North American headquarters to Andover from New York City. A formal announcement of the $226 million...

Dealers offer big deals on large wheels

Fri, 18 Jul 2008 18:58:21 -0400

Small used cars are big sellers this summer, but it's large SUVs and pickups that offer some of the heftiest discounts. "There's no trick necessary to...

Fed, Patriots team up to host Gillette mortgage workshop

Fri, 18 Jul 2008 18:27:09 -0400

Gillette Stadium will host a free foreclosure prevention workshop to allow financially stressed homeowners to sit down with lenders in an attempt to broker solutions. ...

Feds eye more charges for Bear Stearns executives

Fri, 18 Jul 2008 17:19:30 -0400

NEW YORK - Federal prosecutors confirmed today that they expect to bring more criminal charges against two former Bear Stearns hedge fund managers already accused of lying...

DiMasi changes mind, throws support behind sales tax holiday

Fri, 18 Jul 2008 16:56:59 -0400

Massachusetts retailers may get a sales tax holiday this summer after all. House Speaker Sal DiMasi (D-North End) has changed his mind and now favors a two-day tax reprieve...

Wall Street mixed after earnings reports

Fri, 18 Jul 2008 16:14:19 -0400

NEW YORK - Wall Street has finished a strong week with a mixed performance after disappointing high-tech earnings punctured some of investors' enthusiasm over better-than-expected...

WGBH screen to go blank for the summer

Fri, 18 Jul 2008 13:59:04 -0400

BOSTON - WGBH-TV's huge electronic screen that greets drivers on the Massachusetts Turnpike as they enter Boston will be blank for the rest of the summer. The 30-by-45-foot...

Sony Ericsson profit tumbles, plans to cut 2K jobs

Fri, 18 Jul 2008 13:54:45 -0400

STOCKHOLM, Sweden - Mobile phone maker Sony Ericsson today posted a 97 percent drop in second-quarter earnings and said it would slash 2,000 jobs worldwide in a move to cut...

Fuel-cell cars need $200 billion investment: study

Fri, 18 Jul 2008 07:42:33 -0400

NEW YORK - Hydrogen-powered vehicles could one day make up a majority of automobiles on U.S. roads, but the zero-emission cars would require a hefty investment of about $200...

Fenway's 100th as All-Star hit

Fri, 18 Jul 2008 07:34:21 -0400

What better way to celebrate Fenway Park's 100th birthday than with a $100 million birthday bash? Patrick Moscaritolo, president of the Greater Boston Convention...

South Korean company says it has no plans to buy Sprint

Fri, 18 Jul 2008 07:26:09 -0400

KANSAS CITY, Mo. - SK Telecom said Thursday that it had no plans to buy Sprint Nextel or any other major U.S. wireless company. Rumors started swirling earlier this week...