Business & Markets - Business - BostonHerald.com

Tracking promises

Mon, 06 Jul 2009 00:37:15 -0400

Five years after the Boston Redevelopment Authority hired a compliance officer to monitor developers' promises to the city's neighborhoods, activists are frustrated. ...

Budget woes hit BRA as it comes under fire

Mon, 06 Jul 2009 00:33:01 -0400

The Boston Redevelopment Authority, a lightning rod for neighborhood battles, has come under fire for its excesses - high salaries, questionable contracts and overtime pay. ...

Big-box retailers bail out

Mon, 06 Jul 2009 00:31:43 -0400

BISMARCK, N.D. - Hundreds of anxious shoppers watched as city officials used power saws to cut 2-by-4s during Home Depot Inc.'s ribbon-cutting ceremony for its 102,700-square-foot...

Jobless find solace with faithful

Mon, 06 Jul 2009 00:30:31 -0400

BEVERLY - Her fellow job seekers offer knowing groans as Diane Castro recalls the day she was laid off: The fear of being summoned to the front office. The phones in nearby...

Too big to fail, or too big?

Mon, 06 Jul 2009 00:28:46 -0400

WASHINGTON They are the biggest of the big - the Citigroups, the Goldman Sachses, the AIGs and other financial behemoths. The Obama administration doesn't want so many...

The Outlook

Mon, 06 Jul 2009 00:27:22 -0400

TODAY The Institute for Supply Management releases its services sector index for June. TOMORROW The Greater Boston Chamber of...

Cambridge eyes biolab rules

Sun, 05 Jul 2009 13:36:25 -0400

Cambridge officials are taking steps to prohibit the most dangerous biolabs from setting up shop in the city, hoping to avoid the kinds of protests that have rocked Boston...

New fund's 'best ideas' no more than a sales pitch

Sat, 04 Jul 2009 23:34:20 -0400

Fund firms come up with new ideas all the time. But every now and again, a firm comes out with an old idea, creating a fund that overlaps its current lineup. The new...

Massachusetts company delivers diaper 'cakes'

Sat, 04 Jul 2009 23:31:27 -0400

A Springfield couple is on a mission to make baby diapers more attractive as presents for moms-to-be. When Adrienne and Mychal Connolly were expecting their second son,...

Nonprofit expands with for-profit business

Sat, 04 Jul 2009 23:28:04 -0400

When Community Servings moved into its new building, the Boston nonprofit needed to find ways to make money to pay for the new digs. The organization, which provides...

The Corporate Shuffle

Sat, 04 Jul 2009 23:04:50 -0400

Lending a hand. Robert D. Brown and Bill Olsen were both appointed to the position of vice president of StonehamBank's...

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...