Built for entertaining, just blocks from BU

This gracious, renovated Colonial in the Cottage Farm area of Brookline near Boston University is made for grand-scale entertaining, with its large reception hall off of which is a series of elegant connected rooms and a showpiece grand staircase. Built...

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Pay limits tore at TARP bailout

The executive pay limits that came with the bank bailouts of the 2008-2009 financial crisis may have had the unintended benefit of reducing the bailouts' scope, a new study has found. A report in the Journal of Banking, Finance and Accounting finds...

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Revved up over Jaguar XJ

The 2013 Jaguar XJ with a 3-liter, V6 engine was a tough sell — at first. My initial reaction was that the smaller engine would diminish the prestige of the luxury sedan that I'd always known to have an abundance of brawn under the hood. However,...

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Addicted to Black Friday

Despite economic worries and Thursday night openings in neighboring states, consumers rewarded Massachusetts retailers and malls for opening earlier than ever yesterday, showing that Black Friday shopping has become as much of a tradition as turkey on...

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Western Mass. country store turned into co-op

CUMMINGTON — A popular country store and gathering place in western Massachusetts has been bought by its loyal customers and turned into a cooperative. The Old Creamery Grocery in Cummington has been bought by 550 member-owners for $1.3 million. They...

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Markets subdued as Black Friday dawns in US

LONDON — Markets were subdued Friday as Wall Street readied to return following the Thanksgiving holiday and as the U.S. shopping season begins in earnest. The day after Thanksgiving is dubbed "Black Friday" because it is when U.S. retailers traditionally...

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Small biz big on Saturday

Small Business Saturday is quickly becoming the little shopping holiday that could. Despite being sandwiched between Black Friday and Cyber Monday, local brick-and-mortar retailers say they're happy to fling their doors open tomorrow to lure sales and...

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Shoppers pack stores for Black Friday deals

Black Friday got off to a raucous start at the Wrentham Village Premium Outlets, where traffic was backed up for miles and shoppers lined up at high-end stores for deep discounts.The trend was self-gifting, with many people standing for hours in line...

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Car buyers snapping up cheaper loans

Record-low interest rates have propped up a slow-to-recover housing industry. Even lower rates are helping the auto finance industry explode, with many firms seeing exponential growth - and consumers getting great deals. Many drivers who have been...

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Much-maligned Corvair was no turkey

Among my earliest memories of riding in a car was riding in the rear seat of my grandmother's Chevrolet Corvair coupe - white with a red vinyl interior. I don't have any other memories of the car, be they good or bad. I was a mere toddler. On the other...

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China economy hopes give markets a lift

LONDON — An upbeat Chinese manufacturing survey helped offset the disappointment of another round of grim European figures to give markets a lift Thursday — on a day that will see trading seriously curtailed by the U.S. Thanksgiving holiday. The optimism...

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Cuts at struggling Citibank

As part of a global retrenchment, struggling Citibank will close nine of its 31 Massachusetts branches early next year, the company said. The bank wouldn't disclose the specific branches that will close, but said they will be mostly outside Boston and...

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Media screens to light up Innovation Center

Boston's burgeoning Innovation Center will be dressed up with digital signs, as city planners hope the facility becomes a beacon for entrepreneurs when it opens next year. The Boston Redevelopment Authority is floating plans for flashy "media screens"...

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The Ticker

Hostess winding down A bankruptcy court judge yesterday approved a request by Hostess Brands Inc. to begin winding down its operations. The ruling came after the maker of Twinkies, Ding Dongs and Wonder Bread failed in last-ditch negotiations to end...

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BBC chooses former news chief as director-general

LONDON — The BBC has chosen a former head of its news division to lead the broadcaster through a "long, hard look" at itself as it struggles to recover from a scandal stemming from its coverage of child sex abuse. Tony Hall, currently chief executive...

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Gambling company would let Massachusetts workers unionize

PALMER -- A company hoping to open a casino in western Massachusetts has reached a deal with a federation of about 50 labor unions to allow future employees to form a union and negotiate contracts. The Mohegan Tribal Gaming Authority finalized the...

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Rock band AC/DC releases entire catalog on iTunes

NEW YORK — AC/DC is finally releasing its music digitally on iTunes. Columbia Records and Apple announced Monday that the classic rock band's music will be available at the iTunes Store worldwide. Sixteen studio albums will be released, including...

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San Diego media figure dies after car crash

SAN DIEGO -- David Copley, owner and publisher of The San Diego Union-Tribune until it was sold in 2009, died Tuesday after crashing his Aston Martin near his home in La Jolla. Copley, 60, was found slumped in the front seat of his car early in the...

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Walmart making wait worth it by guaranteeing sale items

Walmart is bracing for protests on Black Friday, but not from shoppers who will get an in-store guarantee on select items for the first time this year, an attempt by the retailer to ensure that long waits in line won't be in vain. The three items —...

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Stocks slightly higher at the open on Wall Street

NEW YORK — Stocks opened slightly higher Wednesday on Wall Street ahead of the Thanksgiving holiday. In the opening minutes of trading, the Dow Jones industrial average was up seven points at 12,795. The Standard & Poor's 500 index was up a point...

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VW recalls about 2,500 Beetles to fix air bags

DETROIT — Volkswagen is recalling about 2,500 Beetles because the front passenger seat air bag could inflate and injure a small child. The recall includes 2012 and 2013 Beetles with leather sport seats. If the seat gets wet, the module that's supposed...

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Man arrested over theft of 9 million Greek files

ATHENS, Greece— A Greek man has been arrested on suspicion of having stolen 9 million personal data files in what is believed to be the biggest breach of private information the country has ever seen. Police said Tuesday that the 35-year-old, whose...

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2 former Stanford executives convicted of fraud

HOUSTON — Two former associates of R. Allen Stanford have been convicted of fraud for trying to help the imprisoned Texas financier conceal a $7 billion Ponzi scheme. Prosecutors in Houston say 70-year-old Gilbert Lopez Jr. and 40-year-old Mark Kuhrt...

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UBS rogue trader Kweku Adoboli guilty of fraud

LONDON — A rogue trader who lost $2.2 billion in bad deals at Swiss bank UBS was convicted of two counts of fraud on Tuesday. Ghanaian-born Kweku Adoboli, 32, exceeded his trading limits and failed to cover his losses, allegedly faking records to...

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Stocks open lower; HP takes a big hit

NEW YORK — Stocks sank early Tuesday on Wall Street. Hewlett-Packard stock suffered a big decline after its executives said that a company HP bought for $10 billion last year lied about its finances. The Dow Jones industrial average was down 54 points...

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Total sells Nigeria offshore oil stake for $2.5B

LAGOS, Nigeria — French oil firm Total SA says it has sold a stake in an offshore oil field in Nigeria for $2.5 billion to Chinese state oil company Sinopec Corp. Total made the announcement Monday in a statement posted to its corporate website. Sinopec...

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Intel CEO Paul Otellini to retire in May

SANTA CLARA, Calif. — Intel says its CEO, Paul Otellini, plans to retire in May after nearly 40 years with the company. Intel Corp. said Monday that its board will look at company executives as well as external candidates to replace Otellini. He has...

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US stocks open higher

NEW YORK — The stock market is starting the holiday week with a big gain. Just after the opening bell on Wall Street, the Dow Jones industrial average is up 102 points at 12,690. The Standard & Poor's 500 index is up 12 at 1,372. And the Nasdaq...

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SAS avoids bankruptcy after unions approve plan

COPENHAGEN, Denmark — Danish and Norwegian media are reporting that all eight unions have now approved a savings plan that will help the troubled SAS carrier stay afloat. Denmark's TV2 and Norway's NTB news agency are reporting that the Danish CAU...

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BCE resubmits Astral bid to broadcast regulator

TORONTO — Canada's largest telecommunications company, BCE Inc., resubmitted a bid to the country's broadcast regulator to buy Astral Media Inc. for $3.38 billion, the companies said Monday. The Canadian Radio-television Telecommunications Commission...

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The Ticker

Hub man convicted in mortgage fraud Sirewl R. Cox, 37, of Boston was convicted late last week on charges relating to a massive mortgage fraud case. A jury found Cox guilty on counts of wire fraud, bank fraud and conducting an unlawful monetary transaction....

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Developer not sold on downtown

Not everyone is moved by the momentum in Boston's Downtown Crossing. A New York developer who filed plans for a 28-story apartment and retail tower on Washington Street four years ago — in the teeth of the Great Recession — is not yet sold on the shopping...

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It's OK to run your car on lower-octane gas

The owner's manual for my new vehicle recommends gasoline with 87 octane or greater. On a recent trip in Montana, I noticed their regular is 85.5 octane and their next level up is 88 octane with 10 percent ethanol. I used a half-tank of 85.5 and noticed...

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Spindle app spools out hype - and investors

A new app developed by three former Microsoft workers helps people find the most interesting social media updates from businesses and organizations at any given time. Spindle 1.1 — released on Thursday in Boston and San Francisco, with other major cities...

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Best defense: Made in USA

New Balance is on a mission to provide lightweight military sneakers made in the United States, and it wants the Defense Department to equip soldiers with them, company head Rob DeMartini told the Herald. "For whatever reason, the sneaker is the only...

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