Business - BostonHerald.com

Volunteering for duty

Wed, 11 Nov 2009 05:06:31 -0500

His home has just been painted a crisp Colonial blue and his windows sparkle, but it's a bittersweet Veterans Day for John MacPherson, a South Boston native and World...

The Ticker

Wed, 11 Nov 2009 00:37:32 -0500

Citizens Legacy Citizens Bank will take 50,000 square feet of office and retail space at Legacy Place in Dedham. It will be the bank's hub for consumer...

Brigham's closes Boston restaurant

Wed, 11 Nov 2009 00:06:40 -0500

It's the ultimate economic meltdown. Brigham's Ice Cream on High Street served its last banana split, Buffalo wings and chicken fingers yesterday as the shop...

'Hollywood East' nixes loan deal

Wed, 11 Nov 2009 00:02:29 -0500

Plymouth Rock Studios' financing script needs a rewrite. The developer said yesterday that it canceled a $550 million construction loan agreement and will have to...

Buying a homemade holiday treat

Tue, 10 Nov 2009 23:15:51 -0500

After more than a year of bailouts, layoffs and customers slammed by the Great Recession, American automakers are hoping to just get back to selling cars this Veterans Day. Sedans ...

Eric Rosengren: Big banks need to build big reserves

Tue, 10 Nov 2009 23:12:33 -0500

Boston Federal Reserve chief Eric Rosengren, speaking yesterday in London, said that, despite the danger posed when financial institutions get "too big to fail,"...

Deal nets $4M for victims

Tue, 10 Nov 2009 23:11:41 -0500

One of the nation's largest independent broker-dealers, National Planning Corp., has agreed to pay about $4 million to Massachusetts investors who were sold speculative...

New breed of ads is sure to bug you

Tue, 10 Nov 2009 23:10:46 -0500

The catchword "buzz" is already overused in the advertising and public relations worlds, but brace yourself for an infestation. Insects could be the new entry-level...

Bias at MSNBC, Fox is harmful, says Charles Gibson

Tue, 10 Nov 2009 23:08:55 -0500

An ABC TV network news anchor said he's troubled by what he called the biased news coverage of Fox and MSNBC. "I worry about the lack of objectivity and the...

Study: 'Green' jobs surge limited

Tue, 10 Nov 2009 23:06:22 -0500

The emerging "clean energy" industry won't be a major engine of economic growth over coming years, experts warn, contradicting Gov. Deval Patrick's past...

Experts see Mass. layoffs

Tue, 10 Nov 2009 23:05:31 -0500

The Massachusetts economy will likely lose tens of thousands of jobs before a recovery takes hold next year, economists warned yesterday. The New England Economic Partnership's...

KBR, Halliburton sued over toxic 'burn pits'

Tue, 10 Nov 2009 23:03:30 -0500

Two Massachusetts veterans are suing KBR Inc. and Halliburton Co., claiming the companies "poisoned" them and at least 100,000 other soldiers and contractors in...

Two Mass. Guardsmen sue Halliburton, KBR over toxic exposure

Tue, 10 Nov 2009 17:56:21 -0500

Two members of the Massachusetts Army National Guard are suing KBR Inc. and Halliburton Co., claiming the government contractors "poisoned" them and at least 100,000...

Settlement falls through in Blackwater civil suit

Tue, 10 Nov 2009 17:55:52 -0500

ALEXANDRIA, Va. - A settlement in a civil suit against the government contractor once known as Blackwater has apparently fallen apart after a plaintiff's lawyer said...

Stocks zigzag after rally as the dollar rises

Tue, 10 Nov 2009 16:39:33 -0500

NEW YORK - Investors cooled their buying of stocks and commodities, pausing from a surge that carried major stock indexes to their highest levels in more than a year. Stocks...

Job openings remain close to record-lows

Tue, 10 Nov 2009 16:17:41 -0500

WASHINGTON - Job openings are at rock-bottom levels, according to government and private surveys released today, a trend that could keep the unemployment rate high even as...

Wi-Fi for travelers becomes Web marketing lure

Tue, 10 Nov 2009 16:05:16 -0500

NEW YORK - Google, Yahoo, eBay and Microsoft, competitors on the Web, all have the same idea for marketing themselves this holiday season: temporarily providing free Wi-Fi...

4 kidneys swapped in bellybutton surgery

Tue, 10 Nov 2009 15:16:14 -0500

BALTIMORE - University of Maryland Medical Center surgeons have transplanted four kidneys through the patients' belly buttons. The patients and surgeon Matthew Cooper...

Former GM manager pleads guilty in aluminum fraud

Tue, 10 Nov 2009 14:05:11 -0500

CHICAGO - A former General Motors manager has pleaded guilty to wire fraud and tax evasion, admitting he took $6.5 million in kickbacks in the sale of hundreds of millions...

US busts ATM hacking ring accused of stealing $9M

Tue, 10 Nov 2009 14:02:00 -0500

ATLANTA - Federal authorities say they've cracked a sophisticated computer hacking ring that stole more than $9 million within 12 hours last November, securing indictments...

For now, 'illegal' Apple billboard dropped

Tue, 10 Nov 2009 13:06:09 -0500

A controversial Apple billboard has come down, leaving many questions and some large whales in its wake. This weekend, Planet Storage on Traveler Street removed its iPod...

Local brewer raises a glass, money for son's Marine regiment

Tue, 10 Nov 2009 13:02:59 -0500

WESTPORT - When the Marines toast their proud history tonight at Boston's Seaport Hotel, they'll celebrate with a new brew, courtesy of Westport's Bill Russell,...

GM's Reilly will lead Opel/Vauxhall operations in Europe

Tue, 10 Nov 2009 12:55:20 -0500

FRANKFURT, Germany - The president of General Motors' international operations, Nick Reilly, will lead the Opel and Vauxhall European businesses during a search for a...

Cheesecake Factory to pay $345K in harassment case

Tue, 10 Nov 2009 12:13:48 -0500

PHOENIX - National restaurant chain The Cheesecake Factory Inc. has agreed to pay $345,000 to settle a federal lawsuit alleging it let some male employees sexually harass...

Galvin gets $3.9 million for defrauded seniors

Tue, 10 Nov 2009 11:45:10 -0500

One of the nation's largest independent broker dealers has agreed to pay nearly $4 million plus interest to Massachusetts investors who were sold speculative and unregistered...