The Ticker

Hub to Istanbul flights Boston will be more firmly connected to the global economy next May when Turkish Airlines begins offering the first nonstop service from Logan International Airport to Istanbul, Turkey, with connections to 236 global...

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Obama says choices now will govern future economy

WASHINGTON — President Barack Obama says Washington's top priority must be to reverse trends like economic inequality, weakened middle-class security and global competition. He says Washington has lost focus on the economy. In his weekly Internet and...

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Report: Germany rules out 2nd debt cut for Greece

BERLIN — Germany's finance minister has categorically rejected a second writedown of Greek debt. Wolfgang Schaeuble told weekly Bild am Sonntag in an interview that Greece would continue to receive support beyond 2014 if needed and provided the country...

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BBC foreign correspondent Jon Leyne dies at 55

LONDON — BBC foreign correspondent Jon Leyne, who spent more than 25 years crossing continents and covering conflicts for the broadcaster, has died. He was 55. The BBC said on its website Saturday that Leyne had been diagnosed with an incurable brain...

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Detroit bankruptcy another setback for unions

WASHINGTON — Detroit's historic bankruptcy filing is a major setback for public employee unions that have spent years trying to ward off cuts to the pensions of government workers around the country. If the city's gambit succeeds, it could jeopardize...

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Study: Consolidate state’s 105 pension systems

Consolidating the administration of the state's 105 public employee retirement systems would save nearly $25 million annually in employment costs and stipends that could be used to pay off unfunded pension liability, according to a new study. The Pioneer...

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Greece's rescue creditors clear new batch of loans

BERLIN — Greece's international creditors have cleared a 2.5 billion-euro ($3.3 billion) installment of bailout loans following the approval of new austerity measures by authorities in Athens. European Commission spokesman Simon O'Connor said the decision...

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Japan's All Nippon finds damaged 787 beacons

TOKYO — Japan's All Nippon Airways has found damage to wiring on two Boeing 787 locator beacons, a device suspected as the cause of a fire on an Ethiopian Airlines 787. ANA spokesman Ryosei Nomura said Friday that Boeing Co., the U.S. Federal Aviation...

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Vivendi sells Activision stake for $8.2 billion

PARIS — Vivendi SA is selling most of its majority stake in video game maker Activision Blizzard Inc. for $8.2 billion as the French conglomerate tries to strengthen its balance sheet. In a statement Friday, Vivendi said that 429 million of its shares...

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Apple's smartphone market share slips

Apple's share of the global smartphone market fell during the second quarter to its lowest level in four years, according to data released Friday. Apple took 13.1 percent of the worldwide market, according to ABI Research, down from 16.6 percent a year...

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Women venturing out in tech world face uphill battle

Few women in Boston's high-tech startup community are getting venture capital funding, according to a new survey, something entrepreneurs and one of the state's top economic officials said is hurting the Bay State's economy. In the survey, released...

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Wall Street liking Facebook

Facebook Inc. shares soared in after-hours trading yesterday on late news that the social networking company's mobile advertising sales boosted it to a stronger-than-expected quarterly profit. "We made some really good progress this quarter with the...

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Speed headed back to X Games with new entry DRR-SH

CHARLOTTE, N.C. — NASCAR driver Scott Speed will be back in Global RallyCross next weekend when he competes in X Games Los Angeles with new team DRR-SH. Speed won the opening race of the GRC season at X Games Brazil and is seventh in the series standings....

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US unemployment aid applications rise 7K to 343K

WASHINGTON — The number of Americans applying for unemployment benefits rose by 7,000 last week to a seasonally adjusted 343,000. The increase in the week ending July 20 follows a drop of 22,000 the previous week. But the broader trend is consistent...

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4 Russians, 1 Ukrainian charged in massive hacking

NEWARK, N.J. — Four Russian nationals and a Ukrainian have been charged with running a sophisticated hacking organization that over seven years penetrated computer networks of more than a dozen major American and international corporations, stealing...

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The Ticker

Hasbro misses mark 
on quarterly earnings Hasbro's second-quarter net income fell 16 percent, hurt by cautious consumer spending and a steep drop in sales of boys' toys. Toy industry sales have been in a slight decline all year, stung by a video game...

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Former GM exec sees Toyota role as sign of change

NAGOYA, Japan — Mark Hogan, a former General Motors Co. executive tapped to join the Toyota board, sees his appointment as a sign of change at the Japanese automaker and hopes he'll play a role in the company becoming less insular and quicker in decision...

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Bank of Maine sells 6 northern Maine branches

PORTLAND, Maine — The Bank of Maine has reached an agreement to sell six of its branches in the northern part of the state to Machias Savings Bank. The transaction affects branches in Caribou, Fort Kent, Houlton, Lincoln, Mars Hill and Presque Isle,...

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Mass. home median prices on the rise

BOSTON — The median price of a single-family home in Massachusetts rose last month to its highest level in almost six years, two organizations that track the state's real estate market announced Tuesday. The rise in median prices in June went hand in...

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Stocks hold steady as eurozone confidence improves

MILAN — Improved European consumer confidence, China's pledge to maintain economic growth and mixed U.S. corporate results kept markets in a holding pattern on Tuesday. Consumer confidence in the 17-country eurozone, as measured by the European Commission,...

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Yahoo to buy 40M shares from Loeb, he exits board

SUNNYVALE, Calif. — Activist investor Dan Loeb and two other directors nominated by his hedge fund are leaving Yahoo's board after big gains in the Internet company's stock price over the past year. Yahoo is also buying back 40 million shares of its...

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TV-over-Internet service Aereo will expand to Utah

NEW YORK — Aereo, which provides broadcast television over the Internet for $8 a month, says it will expand to Utah next month. The service started in New York last year and expanded to Boston and Atlanta this spring. It already has announced plans...

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Cold caps tested to prevent hair loss during chemo

WASHINGTON — The first time Miriam Lipton had breast cancer, her thick locks fell out two weeks after starting chemotherapy. The second time breast cancer struck, Lipton gave her scalp a deep chill and kept much of her hair — making her fight for survival...

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UK says it will ask providers to block online porn

LONDON — British Prime Minister David Cameron says he wants Internet service providers to automatically block access to pornography sites unless customers opt in. Cameron is proposing the move as part of measures to stop extreme sexual images he says...

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Spanish PM to speak on corruption case

MADRID — Spain's prime minister will address Parliament on a slush-fund scandal that is rocking his ruling Popular Party after opposition parties threatened to present a no-confidence motion. Mariano Rajoy said Monday he expected to make the address...

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Boston Entrepreneur Olympics goes for gold

Don't necessarily expect any new world records to be set at Boston's inaugural Entrepreneurs Olympics on Aug. 1. But do expect fun — and for a good cause. There will be basketball, volleyball, a 5K race and high jump. But for $20, you can also watch...

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Mastectomy aid eases recovery

Before she woke up in the hospital after her mastectomy 12 years ago, Cathy McGrath knew her breast would be gone. What she didn't plan for was multiple post-surgical drains — little plastic bulbs with a long tube — to collect fluid. "I was really taken...

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If you’re smelling burning oil, look out for a leak

I have a 2005 Mazda 6 with the 3-liter V6 engine and 70,000 miles. I do my own oil changes and for the past several changes have noticed a strong smell of burning oil when stopped at lights or in traffic, lasting three weeks after I have done the oil...

22.26 | 0 komentar | Read More

US Treasury Secretary Lew in Greece for talks

ATHENS, Greece — U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece's efforts to overcome a deep debt crisis. Greek officials say Lew is meeting with Finance Minister Yannis Stournaras and will later on Sunday meet Prime Minister...

22.26 | 0 komentar | Read More

House GOP on health care: For repeal, not replace

WASHINGTON — Three years after campaigning on a vow to "repeal and replace" President Barack Obama's health care law, House Republicans have yet to advance an alternative for the system they have voted more than three dozen times to abolish in whole...

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