Business & Markets - Business - BostonHerald.com

Cranes poised to rise in Boston

Sat, 07 Nov 2009 22:51:00 -0500

Experts think they can hear a faint pulse within the battered commercial real estate and construction industry here and elsewhere. The sector is still clearly in dire trouble...

Nonprofits set to pay more Boston taxes

Sat, 07 Nov 2009 22:41:40 -0500

Boston is reportedly nearing a deal that could triple the money the city receives each year from colleges, hospitals and other nonprofits. Boston City Councilor Steve...

Safety Insurance may be illegally steering

Sat, 07 Nov 2009 22:40:48 -0500

Safety Insurance Co. may have taken a wrong turn when it reportedly told a Newton woman with a dented Volvo that she had to use their auto repair shop instead of her longtime...

Congress' new rule to change way funds are sold

Sat, 07 Nov 2009 22:36:33 -0500

Congress didn't actually vote to end the confusion over mutual fund share classes last week, but they took a step that ultimately could go a long way to simplifying the...

Monster executive refuels for mission

Sat, 07 Nov 2009 22:35:06 -0500

Steve Pogorzelski isn't zipping around the world in a corporate jet anymore or kicking back in a huge office like he had as president of Monster.com, but he's having...

The Corporate Shuffle

Sat, 07 Nov 2009 22:32:35 -0500

Good things come in Smaller packages. Andrew Botti, a partner at Beverly's Colucci Norman LLP, was elected chairman of the board of the Smaller...

Jobless rate to 10.2%

Fri, 06 Nov 2009 23:17:39 -0500

Political pressure mounted on President Obama as the nation's jobless rate shot up to 10.2 percent, a 26-year high that prompted blistering Republican attacks on his...

Contractor admits guilt in scam

Fri, 06 Nov 2009 23:09:10 -0500

A Westwood contractor blamed for long delays on Boston's Cambridge Street sidewalk project faces as much as five years in prison after pleading guilty to tax evasion. ...

The Ticker

Fri, 06 Nov 2009 23:07:35 -0500

Sweet seconds British chocolatier Hotel Chocolat will open its second U.S. store at the Mall at Chestnut Hill later this month following its recent debut...

Stocks post modest gains as job losses slow

Fri, 06 Nov 2009 17:33:06 -0500

NEW YORK - Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher. News that the nation's unemployment rate rose...

Judge vacates $1.26B ruling against PepsiCo

Fri, 06 Nov 2009 17:27:14 -0500

MILWAUKEE - A judge has tossed out a decision - for now at least - that could have cost PepsiCo Inc. $1.26 billion after the soft drink maker didn't respond to a lawsuit...

T. Boone Pickens: U.S. natural gas supply may dry up within 30 years

Fri, 06 Nov 2009 15:38:31 -0500

DALLAS - T. Boone Pickens, who has spent more than a year telling Americans the answer to their energy woes is natural gas, says the U.S. natural gas supply will probably...

Jobless rate tops 10% for first time since '83

Fri, 06 Nov 2009 14:56:01 -0500

WASHINGTON - The unemployment rate has hit double digits for the first time since 1983 - and is likely to go higher. The 10.2 percent jobless rate for October shows how...

Oil prices tumble after US unemployment report

Fri, 06 Nov 2009 14:22:19 -0500

NEW YORK - Oil prices tumbled today after the government said the U.S. unemployment rate topped 10 percent for the first time since 1983. Benchmark crude for December delivery...

Finance reform face-off

Fri, 06 Nov 2009 14:10:39 -0500

U.S. Rep. Barney Frank fired back at former General Electric Co. chief executive Jack Welch yesterday, saying that the business legend just sat back while the financial markets...

Wind law could benefit company

Fri, 06 Nov 2009 13:52:28 -0500

Despite significant opposition in Western Massachusetts, state environmental affairs secretary Ian Bowles is pushing hard to get a controversial wind-turbine law passed before...

Waltham-based co. ships jobs to China

Fri, 06 Nov 2009 13:43:39 -0500

LINDON, Utah - The U.S. Department of Labor says workers laid off in Utah by a Waltham, Mass.-based business-services company will qualify for special federal assistance...

Wal-Mart, Amazon, Target in DVD price war

Fri, 06 Nov 2009 11:00:45 -0500

NEW YORK - Wal-Mart Stores Inc. is upping the ante heading into the holiday season, trimming the online preorder prices of some upcoming DVDs following last month's...

Westwood man pleads guilty in stock fraud

Thu, 05 Nov 2009 23:39:28 -0500

A money manager from Westwood has admitted to cashing in on a hot trading tip about Cambridge's Akamai Technologies, federal prosecutors said yesterday in announcing...

Perini agrees to pay $9.75M in minority-contracts probe

Thu, 05 Nov 2009 22:55:50 -0500

Tutor Perini Corp. said it will pay $9.75 million to settle a Department of Justice investigation into allegations that the company falsely claimed that minority contractors...

Dow jumps 200 points

Thu, 05 Nov 2009 22:54:54 -0500

The Dow Jones industrial average soared above the 10,000 mark yesterday amid long-term signs that the nation's jobs picture may be improving and that companies'...

Now, you too can be the 'wonder of it all'

Thu, 05 Nov 2009 22:53:54 -0500

Just when you finally got that dang jingle out of your head. Foxwoods Resort Casino is looking for a new voice to resurrect its catchy "Wonder of It All" theme...

Keds tries Collective shoe design

Thu, 05 Nov 2009 22:33:25 -0500

Keds is tapping the creativity of up-and-coming designers, artists and musicians to put updated spins on its iconic sneakers. The new Keds Collective is part of the 93-year-old...

Massachusetts dog tracks may get reprieve on betting

Thu, 05 Nov 2009 22:20:57 -0500

Lawmakers are poised to float a lifeline to the state's two dog tracks as their live racing days approach an end, crafting an extension of their off-track betting rights...

The Ticker

Thu, 05 Nov 2009 22:10:13 -0500

Fannie bailout Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter. Banks...