Economy at 'standstill'

A mixed October jobs report is fueling the final weekend presidential pitch with President Obama admitting his work is far from over, and GOP nominee Mitt Romney decrying the nation's nearly unchanged jobless rate as proof the economy remains in a "virtual...

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Today's look in 1860 townhouse

This 1860-built Charlestown townhouse has been given a high-end gut-rehab and interior makeover, turning it into a showpiece contemporary single-family with four floors of living space. The four-bedroom attached brick rowhouse at 6 Washington St. features...

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IPad mini is Apple's sweetest tablet ever

This might just be Apple's best tablet yet. Holding it for the first time, I couldn't help but think that the size of the iPad mini is what iPad should have been all along. At 7.9 inches, you can grip it with one hand and type with the other. It feels...

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Sexy, stylish Fiat turns heads

Undersized, underpowered, but with a huge personality, the 2012 Fiat 500C is just a blast to drive. Let's face it, you're not going to win any races with this runaround, but heads will turn as you sport about the city. The sexy Cinquecento is the...

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Angela Merkel: Euro debt crisis will last at least 5 years

BERLIN — German Chancellor Angela Merkel says Europe's sovereign debt crisis will last at least five more years. Merkel says the continent is on the right path to overcome the crisis but "whoever thinks this can be fixed in one or two years is wrong."...

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Business - BostonHerald.com

Business - BostonHerald.comBusiness - BostonHerald.com http://www.bostonherald.com/business/?srvc=rss The Boston Herald online: The closest distance between you and the news en-us Copyright 2012, Herald Interactive, Inc. Fri, 02 Nov 2012 11:19:03 -0400...

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Twit does damage to Twitter

It took a 29-year-old hedge fund analyst and political operative with a sick compulsion for inciting panic to expose the dark side of Twitter earlier this week. Using his widely followed account @ComfortablySmug, the New Yorker posted false updates...

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'Facebook' for docs sees rash of success

Matthew J. Goldstein was stumped. Three months ago, the Brigham and Women's Hospital physician had a patient with a mysterious rash. So, uncertain what to prescribe, Goldstein obtained the woman's permission to post photos of it on Doximity, the equivalent...

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Weekly US jobless aid applications fall to 363K

WASHINGTON — Weekly applications for unemployment benefits dropped 9,000 to a seasonally adjusted 363,000 last week, a level consistent with modest hiring. The report comes just before Friday's October jobs data, the last broad snapshot of the economy...

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New player enters casino sweepstakes

BOSTON --A new player has entered the sweepstakes to open a casino in Massachusetts. The Boston Globe reports that Chicago casino and real estate tycoon Neil Bluhm is pursuing casino development rights in the state and will send representatives to...

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Ford's Mulally stays through 2014, Fields is COO

DETROIT — Ford says CEO Alan Mulally will stay with the company through 2014 when he apparently will retire. The company has named Americas President Mark Fields as chief operating officer, grooming him to succeed Mulally. The automaker's board has...

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Hurricane Sandy scares Wall Street

After a two-day shutdown caused by Hurricane Sandy, Wall Street will be back in business this morning as experts tally the storm's damage — a figure that could reach as high as $50 billion — and worry about ripple effects on the economy. "There will...

22.27 | 0 komentar | Read More

US futures rise ahead of week's first trading day

NEW YORK — Stock futures rose Wednesday, the first day of trading this week after Hurricane Sandy shut down Wall Street and darkened a broad swath of the East Coast. Global markets remained relatively buoyant while U.S. financial markets were shut...

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Charles River Labs buys stake in Chinese firm

Charles River Laboratories Inc. said it will acquire a 75 percent ownership stake in Vital River, a Chinese provider of research models and related services for nearly $27 million. Through this acquisition, Charles River will provide research models...

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Millennium lymphoma drug wins European approval

Drug developer Millennium and Takeda Pharmaceutical said today the European Commission has granted conditional marketing authorization for a drug that treats certain forms of lymphoma. Takeda, which bought Millennium for $8.8 billion in 2008, said it...

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Lowell online payment processor sells for $361M

Vantiv Inc., a Cincinnati-based company focusing on payment processing services and related technology solutions for merchants and financial institutions, said today it will acquire Litle & Co. of Lowell for $361 million. Litle & Co. is an independent...

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Boeing to sell 35 new 737 airplanes to Russia

NEW YORK — Boeing is selling 35 of its redesigned 737 aircraft to a Russian state-run leasing company in a deal that would be worth $3 billion, if sold at current list prices. The deal with Aviation Capital Services LLC, a subsidiary of State Corporation...

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US Steel 3Q profit doubles despite revenue drop

U.S Steel's third-quarter net income doubled as a tax benefit helped balance pressure from price increases and a challenging global economy. The Pittsburgh manufacturer said Tuesday that it earned $44 million, or 28 cents per share, in the quarter...

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Germany's Angela Merkel to meet global finance chiefs

BERLIN — German Chancellor Angela Merkel will meet the heads of global financial bodies including the International Monetary Fund and the World Trade Organization to discuss the situation of the global economy. Angela Merkel will receive the leaders...

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Tom Werner blazes new pizza path

Investors including Red Sox [team stats] chairman Tom Werner and Maria Shriver are backing a new California chain serving "fast-fire'd" thin-crusted pizza in under two minutes for less than $7. Blaze Pizza, which plans to franchise nationally including...

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Cambridge biotech Aveo Oncology lays off 45

Aveo Oncology said today it will cut nearly 45 jobs and eliminate open positions to save about $100 million over the next three years as part of a restructuring plan. The Cambridge-based company said the job cuts will help Aveo focus on launching its...

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State police picks Morpho's biometric ID system

Morpho, a security division of Safran S.A., said today the Massachusetts State Police has selected its U.S. subsidiary, MorphoTrak, to provide MorphoBIS, its next-generation biometric identification system, for the Commonwealth's new statewide system....

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All US exchanges shut down before Hurricane Sandy

NEW YORK — U.S. stock markets are closed as Hurricane Sandy nears landfall on the East Coast and are likely to remain closed Tuesday. The last time the New York Stock Exchange had an unplanned closing was after the terrorist attacks of September 2001....

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Clean Harbors to acquire Safety-Kleen for $1.25B

Clean Harbors Inc. of Norwell said today it will acquire Safety-Kleen, a North American re-refiner and recycler of used oil and provider of parts cleaning and environmental services, in an all-cash transaction valued at $1.25 billion. The acquisition,...

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Firms delay earnings reports due to Sandy

Several U.S. companies said today they will postpone releasing their quarterly financial reports as Hurricane Sandy prepares to wreak havoc on the East Coast. Cambridge-based Vertex Pharmaceuticals Inc. will now announce its third quarter 2012 results...

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Brooks Automation to acquire California firm for $63M

Brooks Automation Inc. of Chelmsford said today it will acquire Fremont, Calif.-based Crossing Automation Inc. for $63 million in cash. Crossing provides automation products primarily to global semiconductor front-end markets. Brooks said it expects...

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Obama's head of the class

The sluggish economic recovery has the Hub's collegiate upperclassmen wracked with worry over their job prospects come graduation day, yet many say President Obama remains the right leader to fix the nation's ills. "Obama has already pushed down the...

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Insurers nervous over prospect of Mitt Romney victory

WASHINGTON — You'd think health insurance CEOs would be chilling the bubbly with Republican Mitt Romney's improved election prospects, but instead they're in a quandary. Although the industry hates parts of President Barack Obama's health care law,...

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An uneasy economy, and those living through it

CHARLOTTE, N.C. — Here was Chas Kaufmann's life before the Great Recession: $28,000 in restaurant tabs in a year, cruises, house parties with fireworks. His Mr. Gutter business was booming in the Pennsylvania Poconos. Now: "We mainly shop at Sam's...

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Beware of app-aritions this Halloween!

Trick-or-treating has gone digital. No more going door-to-door without a plan. These days, you've got to maximize your treat-collection efficiency by plotting a route with a mobile app. For 99 cents, the Trick or Treating app, available at the iTunes...

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Mortgage deduction stakes to get higher next year

WASHINGTON -— Limiting the homeowner mortgage interest deduction came up in two of the presidential debates, but specifics about who would be affected and how much they might lose in tax benefits were minimal. To put some rough numbers on the issue,...

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