U.S. jobs up, but many gigs are not 40 hours

Employers kept hiring in June, adding a better-than-expected 195,000 jobs, but many of them were part-time or temporary positions, hinting at a hollow economic recovery. The number of part-timers who said they would prefer full-time work soared 322,000...

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Hyundai does luxury right

The 2013 Azera, which is slotted between Hyundai's Sonata and Genesis, is one of six sedans in the Korean automaker's 10-model lineup. I'm amazed that Hyundai offers that many models, but I shouldn't be surprised, Hyundais are everywhere you look these...

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Egyptian unrest trips hike in crude oil prices

Crude oil prices surged yesterday on a better-than-expected U.S. jobs report and concern about escalating unrest and violence in Egypt. U.S. crude oil futures hit a 14-month high, climbing more than $1.98 per barrel to close at $103.22, after hitting...

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Set loft-y goals in sunny JP unit

Carved out of a former carriage factory in Jamaica Plain, this authentic-looking loft has brick walls throughout and gets lots of light from a wall of front-facing windows. Unit 9 at 172 Green St. is one of 14 units in a former brick carriage factory...

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Mills joins 22 other states in letter to Google

AUGUSTA, Maine — Maine's attorney general is urging Google to put in place more and better transparency and privacy controls. Janet Mills joined 22 other state's attorneys general in a letter to Google CEO Larry Page this week that says they will be...

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Asian markets up on Europe, US policy optimism

BANGKOK — Optimism that easy European and U.S. monetary policy will continue boosted Asian stock markets Friday as investors awaited a key American jobs report later in the day. The prospect of continued monetary stimulus helped offset worries earlier...

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China says private banks possible

BEIJING — China on Friday promised sweeping changes to its state-run banking system — including allowing the creation of private lenders — to support its credit-starved entrepreneurs and curb what regulators worry are growing financial risks. Analysts...

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Mass. levied $26M in securities fines in FY13

BOSTON — Massachusetts Secretary of State William Galvin says his office imposed $26 million in fines for violations of security laws in the budget year that ended June 30. In addition to the fines, Galvin said Wednesday that the Massachusetts Securities...

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Nantucket's outdated hospital to be replaced

NANTUCKET, Mass. — Nantucket is getting a new hospital to replace the old and cramped Cottage Hospital. Cottage Chief Executive Dr. Margot Hartmann says the current facility is 57 years old, energy inefficient and lacks adequate parking spaces. It has...

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Feds: Job numbers up for June

The economy added 195,000 jobs in June and significantly more in the previous two months than had been reported, the Labor Department said today, raising hopes for a more robust economy in the second half of the year. The hotels, restaurants and entertainment...

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Upbeat US jobs report buoys Asian stocks

BANGKOK — Encouraging news on the US economy boosted most Asian stock markets Thursday as investors followed Wall Street's lead in shrugging off political turmoil in Egypt and worrying developments in Europe's debt crisis. Hong Kong's Hang Seng led...

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On tape, Murdoch slams police investigation

LONDON — Media mogul Rupert Murdoch has been recorded saying wrongdoing by his British newspapers was "next to nothing" and apparently acknowledging that his reporters paid police officers for information. In a tape published in transcript by the ExaroNews...

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Oil near $101 amid Egypt unrest, stockpiles fall

The price of oil eased to below $101 a barrel Thursday after jumping higher on unrest in Egypt and signs of rising demand in the U.S. By early afternoon in Europe, benchmark crude for August delivery was down 48 cents at $100.76 in electronic trading...

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Stocks rally on European central banks' comments

AMSTERDAM — World stocks shrugged off worries over political turmoil in Egypt and extended early gains Thursday on optimism that easy monetary policy from central banks in Europe is set to continue for some time to come. U.S. markets were closed for...

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Polish airline has more problems with 787s

WARSAW, Poland — Polish airline LOT has cancelled one trans-Atlantic flight and postponed another after technical problems on two of its Boeing 787 planes, the carrier's spokeswoman said Thursday. Barbara Pijanowska-Kuras confirmed that a flight to...

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US unemployment benefit applications fall to 343K

WASHINGTON — The number of Americans applying for unemployment benefits fell 5,000 to a seasonally adjusted 343,000 last week, a sign that employers are adding jobs at modest pace. The less volatile four-week average dipped 750 to 345,500, the Labor...

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Group finds carcinogen in Pepsi products

NEW YORK — An environmental group said Wednesday that the caramel coloring used in Pepsi still contains a worrisome level of a carcinogen, even after the drink maker said it would change its formula. In March, PepsiCo Inc. and Coca-Cola Co. both said...

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France calls for 2-week delay in US-EU trade talks

PARIS — The French government said Wednesday it wants the start of major trade negotiations between the United States and the European Union suspended for two weeks amid anger over alleged U.S. eavesdropping on its European allies. The country, whose...

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Markets roiled by oil price spike, Portugal woes

LONDON — Financial markets were roiled Wednesday as Egypt's unfolding political crisis pushed the price of oil to its highest level in more than a year and Portugal's government teetered on the edge of collapse. While the benchmark New York oil price...

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US trade gap widened in May as exports weakened

WASHINGTON — The U.S. trade deficit widened in May to its highest level in six months as a sluggish global economy depressed U.S. exports. Fewer exports mean U.S. growth in the April-June quarter could be weaker than previously forecast. The trade deficit...

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US factory orders rise 2.1 percent in May

WASHINGTON — Orders to U.S. factories rose in May, helped by a third straight month of stronger business investment. The gains suggest manufacturing may be picking up after a weak start to the year. The Commerce Department said Tuesday that factory...

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EU unemployment figure revised due to data error

BRUSSELS — The European Union statistics office says an error in loading data from France meant that May unemployment figures for the EU and euro area were reported 0.1 percentage points lower than they should have been. Eurostat said Tuesday that the...

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Shares fluctuate amid US recovery, Europe stall

PARIS — Signs that the U.S. economy is slowly rebounding drove American stocks higher Tuesday, but many other markets struggled to find direction amid indications that Europe is still in trouble. U.S. factory orders rose 2.1 percent in May, according...

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In 'golden age' of surveillance, US has big edge

LONDON — The saga of Edward Snowden and the NSA makes one thing clear: The United States' central role in developing the Internet and hosting its most powerful players has made it the global leader in the surveillance game. Other countries, from dictatorships...

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Auto sales maintain momentum, led by pickups

DETROIT — U.S. buyers snapped up new cars and trucks in June at a pace not seen since before the recession. Continuing demand for big pickups helped boost sales for Detroit's automakers. Ford said Tuesday that its sales rose 14 percent, while Chrysler's...

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Student loan rates double without Congress' action

WASHINGTON — Interest rates on some new federally backed loans for college students are now double what they were last week. Subsidized Stafford loan interest rates went to 6.8 percent on Monday because Congress didn't strike a deal to keep them low....

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Tribune to acquire 19 TV stations for $2.73B

CHICAGO — Tribune Co. said Monday that it reached a deal to buy Local TV Holdings LLC's 19 TV stations for $2.73 billion in cash, significantly boosting its television business as it looks to sell its newspaper operations. Tribune currently owns 23...

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Merck: FDA wants more studies of insomnia drug

WHITEHOUSE STATION, N.J. — Drugmaker Merck & Co. says federal regulators have ruled that they won't approve high doses of its experimental insomnia medication because of concerns about their safety. But Merck says the Food and Drug Administration...

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Markets rise on US, Japanese growth signs

LONDON — Long-awaited signs of improvement in Japan's economy and growth in U.S. manufacturing pushed global stocks higher on Monday. The ISM manufacturing survey for the U.S. showed a rebound in June thanks to new orders and higher production. The...

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Citigroup agrees to pay $968M to Fannie Mae

NEW YORK — Citigroup has agreed to pay $968 million to Fannie Mae to resolve potential future repurchase claims on residential mortgage loans originated between 2000 and 2012. A sizable group of the loans were originated during the U.S. housing boom....

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Student debt flunking many first-time home buyers

WASHINGTON — They're not yet an endangered species, but their steadily diminishing presence has some real estate analysts worried: First-time buyers are missing in action in housing markets across the country. Traditionally first-timers have accounted...

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Maine fireworks revenues far exceed projections

PORTLAND, Maine — Sales at Maine's fireworks stores have far surpassed initial projections when fireworks became legal last year for the first time in 63 years. When legislators debated a bill in 2011 seeking to legalize fireworks, the Maine Revenue...

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Lobster trap limit increased for Maine island

SWANS ISLAND, Maine — Lobstermen on Swans Island off the eastern Maine coast are now allowed to fish more traps. Gov. Paul LePage last week signed into law a bill allowing Swans Island fishermen to have 550 traps, up from 475. The law aims to increase...

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European officials slam US over bugging report

BERLIN — Senior European officials expressed concern Sunday at reports that U.S. intelligence agents bugged EU offices on both sides of the Atlantic, with some leftist lawmakers calling for concrete sanctions against Washington. The president of the...

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Home price gains bring sellers off the sidelines

SAN DIEGO — Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck. They owed the bank $194,000 and figured the most they could get was $180,000. When they put their...

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