Business & Markets - Business - BostonHerald.com

House of Blues faces license suspension

Sat, 04 Jul 2009 10:10:17 -0400

Boston's House of Blues may be slapped with a one-week suspension of its alcohol license after two separate incidences of underage drinking landed a pair of minors in...

$458G taken from Cambridge co.

Sat, 04 Jul 2009 00:13:26 -0400

A Whitman man is facing more than 20 years in the slammer for allegedly embezzling $458,000 from a high-profile development firm involved with building the Charles Hotel in...

Food sales for Fourth finally pop

Fri, 03 Jul 2009 22:54:28 -0400

It's going to be a hot-diggity dogger Fourth after all. Some food businesses had noticed an ominous pre-Fourth decline in the sale of traditional barbecue items,...

Waiter sues Boston steakhouse

Fri, 03 Jul 2009 22:09:36 -0400

A former server for Ruth's Chris Steak House in Boston is suing the restaurant chain for only paying him the state's $2.63 per hour minimum service wage when he...

Red Sox mounted horse pitch

Fri, 03 Jul 2009 15:54:25 -0400

Boston Red Sox owner John Henry was willing to pony up cash to save the police's mounted unit, but no one at City Hall seems to kn ow about the offer. "If the...

Oil hovers above $66 after weak jobs data

Fri, 03 Jul 2009 09:30:41 -0400

Oil prices hovered above $66 a barrel today in light holiday trading a day after grim unemployment numbers from the U.S. and Europe sent prices tumbling. By mid-afternoon...

Alleged brawls may mean earlier hours for diner

Fri, 03 Jul 2009 08:40:53 -0400

Complaints about early-morning noise and violence at the South Street Diner may prompt the city to roll back the 24-hour eatery's hours and shut its patio. The alleged...

New Zealand airline issues nude safety video

Fri, 03 Jul 2009 08:16:51 -0400

WELLINGTON, New Zealand - New Zealand's national airline has adopted a cheeky way to encourage passengers to watch its in-flight safety video: The cabin crew's uniforms...

Massachusetts in-Fidelity

Fri, 03 Jul 2009 06:45:35 -0400

Massachusetts' loss is Rhode Island's gain. Boston's Fidelity Investments, which has shed thousands of jobs from its payroll since the recession started,...

The Ticker

Thu, 02 Jul 2009 23:24:06 -0400

Insurance success Massachusetts state officials released study results that found consumers saved more than $270 million in premiums during the first...

Feds claim Madoff's $7.5M penthouse

Thu, 02 Jul 2009 23:06:31 -0400

Federal marshals have seized disgraced financier Bernard Madoff's $7.5 million Manhattan penthouse and its contents, forcing the scam artist's wife to move out. ...

Report spoils Dow's gains

Thu, 02 Jul 2009 22:57:32 -0400

NEW YORK - A dour report on job losses in June sent stocks sharply lower yesterday. Major stock indexes fell more than 2.6 percent after the government said the U.S. unemployment...

Jobless rate hits 26-year U.S. high

Thu, 02 Jul 2009 22:56:43 -0400

The nation's employers trimmed 467,000 jobs last month as the unemployment rate jumped to 9.5 percent - up from 9.4 percent in May - a 26-year high, according to U.S....

Bailed-out banks hike credit-card fees as new law looms

Thu, 02 Jul 2009 22:53:03 -0400

Banks are showing little mercy toward those who bailed them out. Credit-card industry experts and critics say they're expecting a wave of fee hikes and costly term...

Toxic waste casts cloud on Massachusetts solar co.

Thu, 02 Jul 2009 22:26:27 -0400

Evergreen Solar Inc., one of Massachusetts' rising green energy stars, is on its way to becoming one of the state's top producers of hazardous waste. The company...

Stocks fall as June job losses exceed estimates

Thu, 02 Jul 2009 15:49:39 -0400

NEW YORK - A dour report on job losses in June sent stocks sharply lower today. Major stock indexes fell more than 2.4 percent after the government said the U.S. unemployment...

Oil prices tumble as Europe and the US shed jobs

Thu, 02 Jul 2009 15:07:30 -0400

NEW YORK - Oil prices tumbled to their lowest level in a month today following the release of woeful job numbers in Europe and the U.S. Benchmark crude for August delivery...

GM waits for judge's ruling on sale plan

Thu, 02 Jul 2009 14:40:12 -0400

NEW YORK - An attorney for General Motors urged a bankruptcy judge Thursday to approve the automaker's sale plan, saying that the only other alternative would be a liquidation...

Staples the latest to exit Downtown Crossing

Thu, 02 Jul 2009 12:50:04 -0400

In another blow to the beleaguered Downtown Crossing retail district, the Staples store on Winter Street is closing its doors. Brokers blame high rents and the hole in...

Safety commission recalls Avon company's baby floats

Thu, 02 Jul 2009 10:17:52 -0400

WASHINGTON - The U.S. Consumer Product Safety Commission said Thursday that Aqua-Leisure Industries would recall about four million floating baby pool tools that pose a drowning...

Boston Museum plan hit

Thu, 02 Jul 2009 10:10:48 -0400

A coalition of neighborhood groups opposes construction of a proposed $120 million museum along the Rose Fitzgerald Kennedy Greenway. In a letter to the Massachusetts...

467K jobs cut in June; jobless rate at 9.5 percent

Thu, 02 Jul 2009 10:10:29 -0400

More bad news emerged this morning on the job front as the nation's employers trimmed 467,000 jobs last month as the unemployment rate jumped to 9.5 percent, a 26-year...

World stocks down on US jobs unease

Thu, 02 Jul 2009 05:59:00 -0400

LONDON - World stocks mostly fell Thursday as investors braced for a crucial U.S. jobs report that is expected to show another rise in unemployment and could give markets...

Stop & Shop sues co. over 'Real Deal' slogan

Thu, 02 Jul 2009 00:28:31 -0400

Stop & Shop Supermarket Co. has accused closeout retailer Big Lots Inc. of violating its trademarked "Real Deal" slogan. The Quincy supermarket company,...

Harvard prez denies report on endowment

Wed, 01 Jul 2009 23:59:59 -0400

Harvard University's year-end numbers will not be as bad as predicted, a source told Vanity Fair for its August issue. But the university's president yesterday fired...