Business - BostonHerald.com

Boston chef survives 'Hell's Kitchen'

Fri, 10 Jul 2009 11:26:39 -0400

"Hell's Kitchen" contestant Andy Husbands had no concerns about being on the receiving end of the invective spewed by potty-mouthed British chef Gordon Ramsay. ...

T station work rides into Red

Fri, 10 Jul 2009 10:49:57 -0400

The overdue renovation of the Red Line's Ashmont Station won't be done until next year and the price tag will top $61 million - a whopping 74 percent over the original...

Report: Bailed out AIG plans $235M bonus payments

Fri, 10 Jul 2009 09:50:29 -0400

NEW YORK - American International Group Inc. is consulting with the federal government about its plans to pay millions of dollars in retention incentives and bonuses, a person...

Nanotech dreamer shares Inland Empire vision

Fri, 10 Jul 2009 09:48:48 -0400

Albert Maniaol, director of applied technologies training at the Applied Technology Training Center for the San Bernardino Community College District, is spearheading an effort...

Stocks open lower as earnings jitters increase

Fri, 10 Jul 2009 09:42:30 -0400

NEW YORK - Stocks are falling as investor anxiety about earnings reports and what they'll say about the economy increases. News that Chevron Corp.'s refining...

GM emerges from bankruptcy

Fri, 10 Jul 2009 09:16:52 -0400

DETROIT - The new General Motors arose today as lawyers finished an all-night paperwork session transferring the bulk of the automaker's assets to a company controlled...

Warren Buffett's prescription for economy

Fri, 10 Jul 2009 00:04:20 -0400

Legendary investor Warren Buffett said a second federal stimulus package might be needed - even though he equated the first $787 billion economic uplift plan to an underperforming...

An upside to the downturn

Thu, 09 Jul 2009 23:36:15 -0400

Snapping up a foreclosed home on the cheap isn't as easy as it sounds. "Buying a foreclosure is definitely a bit of a grind," said Robert Jenson, a real...

A broker is never a free agent

Thu, 09 Jul 2009 23:32:09 -0400

Q: Is a sales agent's commission negotiable? Our house is in fantastic shape and should sell quickly despite the current market downturn. ...

Rent out a den of thieves

Thu, 09 Jul 2009 23:31:16 -0400

Bernard Madoff's former Manhattan office is now available for rent. A bankruptcy court recently authorized cancellation of Madoff's lease on three floors of...

New Hampshire law says no to sharing sales tax info

Thu, 09 Jul 2009 23:30:28 -0400

Massachusetts residents can still shop tax-free in New Hampshire. New Hampshire Gov. John Lynch signed a bill yesterday to shield businesses in the state from having...

TJX Cos. boosts earnings forecast after June sales beat estimates

Thu, 09 Jul 2009 23:29:28 -0400

The TJX Cos. Inc., owner of the T.J. Maxx and Marshalls chains, raised its second-quarter earnings forecast after reporting June sales that exceeded analysts' estimates. ...

Report: Fidelity president Rodger Lawson eyes early exit

Thu, 09 Jul 2009 23:22:21 -0400

Fidelity Investments has been looking for potential candidates to succeed its president, Rodger Lawson, the Wall Street Journal is reporting. Lawson, the Boston-based...

400 more workers vote to join union at Lynn hospital

Thu, 09 Jul 2009 23:20:44 -0400

Labor has won another major victory in its push to unionize Bay State health-care workers. A total of 400 workers at Lynn's Union Hospital, part of the giant Partners...

The Ticker

Thu, 09 Jul 2009 23:18:34 -0400

GM to emerge General Motors has a clear path to leave bankruptcy in record time, after a judge's order allowing the automaker to sell most of its...

Monster slashes 160 jobs, 50 in Maynard

Thu, 09 Jul 2009 23:18:07 -0400

Careers Web site operator Monster Worldwide Inc. is laying off 160 workers globally, with 50 position from the Maynard headquarters of Monster.com. While Monster is losing...

After 39 years, Elliot Winer to leave state post

Thu, 09 Jul 2009 23:10:00 -0400

Elliot Winer, the state's long-time labor economist, is retiring after decades of crunching and interpreting jobs data, serving eight governors and working in the exact...

Globe sale delay raises questions

Thu, 09 Jul 2009 22:43:43 -0400

Media analysts say there could be several reasons behind the New York Times Co.'s decision to push back this week's bidding deadline for potential buyers of the...

FDA: Cookie dough's E. coli strain differs from illness

Thu, 09 Jul 2009 21:57:14 -0400

WASHINGTON - The Food and Drug Administration said Thursday the strain of E. coli found in a sample of raw cookie dough collected at a Nestle USA manufacturing plant does...

7-Eleven rallies customers against card fees

Thu, 09 Jul 2009 17:55:04 -0400

NEW YORK - Riding a wave of public outrage over credit card practices, 7-Eleven Inc. wants to show merchants are victims of the industry too. The convenience store chain...

Madoff won't appeal 150-year sentence

Thu, 09 Jul 2009 17:25:48 -0400

NEW YORK - Disgraced financier Bernard Madoff will not appeal his 150-year sentence for a fraud that unraveled last December when Madoff confessed to his sons that nearly...

Temp agency settles discrimination suit in Mass.

Thu, 09 Jul 2009 17:04:24 -0400

A defunct North Carolina-based employment agency has agreed to pay $250,000 to settle a sex discrimination lawsuit filed by a federal agency in Boston. The Equal Employment...

With assets less toxic, banks have other troubles

Thu, 09 Jul 2009 16:52:14 -0400

WASHINGTON - The bundles of bad home mortgages that panicked the Bush and Obama administrations have turned out to be not so toxic for the financial industry after all. After...

Gains in financials, material stocks lift market

Thu, 09 Jul 2009 16:37:40 -0400

NEW YORK - Investors are finding some appetite for risk after a jittery week. Stocks edged higher today as investors put money into banking and industrial stocks as well...

Monkeys live longer on low-cal diet; would humans?

Thu, 09 Jul 2009 15:51:52 -0400

WASHINGTON - Eat less, live longer? It seems to work for monkeys: A 20-year study found cutting calories by almost a third slowed their aging and fended off death. This...