The Ticker

Downtown Crossing pushcart vendors out The Downtown Boston Business Improvement District is pulling the plug on pushcart vendors, right, at the end of the month. The elimination of the vendors, who have been selling food and merchandise ranging...

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Ford C-Max outperforms Prius

Ford has been in the green marketplace for quite a while, but the C-Max CUV represents a giant leap forward in its effort to topple the vaunted Toyota Prius. The C-Max replaces the discontinued Escape Hybrid and offers an entirely new vehicle. Based...

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History updated in Westwood

This gracious 1920 Colonial got a major addition in 1991, but what's really unique is its stone cottage out back built by a World War I general. The five-bedroom yellow clapboard house with black shutters at 152 Grove St. in Westwood sits on four acres...

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In a rising economy, politicians look for credit

WASHINGTON  — Increased hiring, lower unemployment, stock market on the rise. Who gets the credit? It's a hotly debated point in Washington, where political scorekeeping amounts to who gets blame and who gets praise. Following Friday's strong...

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UMass sells $284M in bonds for construction

The University of Massachusetts has sold $284 million in construction bonds as it moves forward on several major projects. Officials say a combination of taxable and tax-exempt bonds were sold this past week to individual and institutional investors....

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The Ticker

Facebook fixes feed Facebook has redesigned the main attraction of its social network to address complaints that its website has turned into a jumble of monotonous musings and random photos. In an attempt to breathe new life into Facebook's News Feed,...

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Mass., R.I. take income tax bites

Mass., R.I. take income tax bites Tax season is upon us and the Herald's TaxSmart experts are here to help. Today, Art Ford of Sullivan Bille Group of Tewksbury discusses issues involving multi-state returns. I work in Rhode Island, but live in Massachusetts....

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Report lays new foundation for housing policy

The housing market is on the mend but experts say the healing process has been held back by "rigid" rules for buyers and lenders. A bipartisan commission of former Cabinet secretaries, ex-senators and top housing and economic experts released an expansive...

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Google cutting 1,200 more Motorola jobs

NEW YORK — Google is cutting an additional 1,200 jobs in its Motorola division as the unprofitable cellphone maker struggles to compete. Last summer, Google Inc. announced 4,000 Motorola job cuts. The latest reductions are in addition to those and will...

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US adds 236K jobs, unemployment falls to 7.7 pct.

US adds 236K jobs, unemployment falls to 7.7 pct. WASHINGTON — A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen...

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Subaru recalls cars that can start on their own

DETROIT — Subaru of America is recalling more than 47,000 cars and SUVs with remote starters because the engines can start on their own. The recall affects some Legacy and Outback cars from the 2010 to 2013 model years. Also covered are the Impreza...

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Weekly US unemployment claims fall to 340,000

WASHINGTON — The number of Americans seeking unemployment aid fell to a seasonally adjusted 340,000 last week, driving down the four-week average to its lowest level in five years. The drop is a positive sign ahead of Friday's report on February job...

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Mass. jobless rate holds steady at 6.7 percent

Mass. jobless rate holds steady at 6.7 percent Massachusetts' unemployment rate held steady at 6.7 percent in January, and the state reported a rosier job creation picture for the last two years. Bay State employers added 16,100 jobs in the first month...

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TJX sales climb 7 percent in February

February sales at the TJX Cos. Inc. climbed 7 percent to $1.8 billion. Comparable store sales for the Framingham retailer, which owns off-price chains T.J. Maxx, Marshalls and HomeGoods, were up 1 percent for the four-week period ended March 2. The...

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Hot Topic selling itself for $592M to Sycamore

CITY OF INDUSTRY, Calif. — Hot Topic said Thursday it agreed to be acquired by investment firm Sycamore Partners for about $592.4 million in cash. Shares shot up 29 percent, hitting a six-year high, in morning trading. Sycamore is paying $14 per share...

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US home prices rose by most in nearly 7 years

WASHINGTON — U.S. home prices jumped in January, a sign the housing market is gaining momentum as it nears the spring selling season. Home prices rose 9.7 percent in January from a year ago, according to data released Tuesday by CoreLogic. That's up...

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EU pushes ahead with bonus cap despite UK concerns

BRUSSELS — Britain stood isolated against a broad majority of European Union countries Tuesday in refusing to back legislation that would strictly limit bankers' bonuses. Treasury Chief George Osborne said at a meeting of the bloc's 27 finance ministers...

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Renault CEO: Carmakers must push outside Europe

GENEVA — The European car market is going to be tough for five more years, Renault CEO Carlos Ghosn predicted Tuesday, and the only way for struggling carmakers to survive is to push into other markets. Europe's carmakers are finding it harder to recover...

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Dow sets new record trading high

NEW YORK — The Dow has never been higher.The Dow Jones industrial average jumped nearly 100 points early Tuesday... NEW YORK  — Strong earnings reports...

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US power grid costs rise, but service slips

NEW YORK — America's power grid is like an old car -- getting the job done, even if its performance is slipping -- and experts say only a major overhaul will reverse its decline. An Associated Press analysis of utility spending and reliability nationwide...

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Forbes: Slim world's richest for 4th year in a row

NEW YORK — Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000. And Facebook's Mark Zuckerberg saw his ranking drop 31...

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Stocks open lower as China reins in housing

NEW YORK — Stocks are opening lower on Wall Street following a downturn in China after that country announced new steps to cool down its booming housing market. The Dow Jones industrial average lost 44 points to 14,045 shortly after the opening bell....

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AP Source: Obama naming MIT's Moniz to head Energy

WASHINGTON — A White House official says President Barack Obama is set to appoint a new energy secretary and new head of the Environmental Protection Agency. Obama is nominating MIT scientist Ernest Moniz to head the Energy Department and EPA veteran...

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Obama nominates Wal-Mart's Burwell as budget chief

WASHINGTON — President Barack Obama has tapped Wal-Mart's Sylvia Mathews Burwell as his next budget chief, thrusting her into the center of Washington's heated partisan budget battles. A White House official said Obama will announce Burwell's nomination...

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Middle East is new global travel crossroads

DUBAI, United Arab Emirates — It's 1 a.m. and the sprawling airport in this desert city is bustling. Enough languages fill the air to make a United Nations translator's head spin. Thousands of fliers arrive every hour from China, Australia, India and...

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Ready to throttle Chevy Cobalt that’s stuck on high idle

I have a 2006 Chevy Cobalt LS, 2.2-liter engine with a manual transmission. It has 186,000 miles and is a very good commuting vehicle. Recently it was idling rough and I read that cleaning the throttle body might solve the problem. All went well with...

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Tax bills for rich families approach 30-year high

WASHINGTON — Washington is gridlocked again over whether to raise taxes on the rich. But it turns out that wealthy families already are paying some of their biggest federal tax bills in decades, even as the rest of the population continues to pay at...

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Evernote hacked: 50 million passwords reset

LONDON — Online note-taking service Evernote Corp. says it has been hacked and is resetting all its 50 million users' passwords as a precaution. The Redwood City, California-based company said in a post published late Saturday that an attacker had been...

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Foreclosure on 92-year-old widow is reversed

WASHINGTON — Jeanette Ogle, a 92-year-old widow with a reverse mortgage on her house, got a huge birthday surprise last week: She did not lose her home at a scheduled foreclosure auction that had drawn scrutiny from federal and state agencies and consumer...

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Who will pay what in 2013 taxes?

How much households at different income levels will pay in federal income, payroll, corporate and estate taxes for 2013. ___ Bottom 20 percent Average income: $10,552. Average tax bill: -$284. Average tax rate: -2.7 percent. Share of federal...

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