Intel chips away 700 jobs

Intel Corp. said yesterday it will shutter its chip manufacturing plant in Hudson next year and lay off 700 workers. "Fab 17" is Intel's last 200MM silicon wafer factory, and it relies on older, near-obsolete technology that the company will phase out,...

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Energy costs push US wholesale prices up 0.3 pct.

WASHINGTON — Higher energy costs pushed U.S. wholesale prices up 0.3 percent last month. Prices rose a modest 1.4 percent over the past year, the lowest one-year gain since April. Excluding volatile food and energy costs wholesale prices were unchanged...

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New publisher Gameblyr targets indie games

As Boston's independent game developer community explodes — establishing the Hub as hot spot for indie game makers — industry veteran Marco Mereu is stepping up to give developers a better, more tailored way to publish games. Mereu will officially announce...

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Oil edges down toward $108 as Syria talks continue

BANGKOK — Oil prices fell slightly Friday as the U.S. and Russia held discussions in Geneva aimed at getting Syria to give up its chemical weapons. Talks between U.S. Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov didn't appear...

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US retail sales rise slight 0.2 percent in August

WASHINGTON — Americans boosted their spending at retail businesses only modestly in August, indicating that economic growth remains sluggish. Consumers bought more cars, furniture and electronics last month but held back on most other purchases. Spending...

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Tina Brown to leave The Daily Beast

NEW YORK — Tina Brown, the editor who oversaw the ill-fated merger of Newsweek and The Daily Beast website, said Wednesday that she's parting ways with the company. "Exciting news ... sad 2 leave Beast but change is good," Brown posted on Twitter. ...

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Wal-Mart lets kids pick 'hot toys' for holidays

NEW YORK — It's still too soon to tell which toys will actually become the must-haves of the upcoming holiday season, but Wal-Mart is making kids' choice a big part of the decision this year. In a first, about 1,000 boys and girls aged 18 months to...

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Dorel Juvenile recalls 89,000 child safety seats

DETROIT — Dorel Juvenile USA is recalling more than 89,000 child safety seats because labels showing how to install them could be wrong. The recall affects some Safety 1st Complete Air LX, Safety 1st Complete Air SE, Safety 1st Alpha Omega Elite and...

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Christmas in summer? Gadget makers reveal lineups

CUPERTINO, Calif. — It's still officially summer, yet major electronic companies have already announced a slew of holiday gift ideas: iPhones of different colors, video game players and a new category of wristwatches designed to mimic the functionality...

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New Pandora CEO faces royalty fight with artists

LOS ANGELES — One of the biggest challenges facing Brian McAndrews, the new CEO of Pandora, will be renegotiating the royalty rates the Internet radio giant pays to the music industry. If Pandora doesn't prevail, the outcome could impede the company's...

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Plymouth nuclear plant shut down

PLYMOUTH, Mass. — The Pilgrim nuclear power plant in Plymouth was shut down last weekend so workers could repair what ownership called a small steam leak in the plant's feed water system. A spokeswoman for the plant said Pilgrim remained offline as...

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Dow average adds Goldman Sachs, Nike and Visa

The Dow Jones industrial average is dropping Bank of America, Hewlett-Packard and Alcoa, its three-lowest priced stocks, as part of a six-company shakeup of the most widely known barometer of the U.S. stock market. S&P Dow Jones Indices said Tuesday...

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FDA receives 89 reports of illness from yogurt

TWIN FALLS, Idaho — At least 89 people have reported getting sick after eating Chobani Greek yogurt manufactured in Twin Falls, the Food and Drug Administration reported. FDA spokeswoman Tamara Ward told The Times-News (http://bit.ly/17nnX7P) on Monday...

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Twitter to buy mobile ad exchange MoPub

SAN FRANCISCO — Twitter says it is buying MoPub, a mobile-focused advertising company, as it works to expand its advertising reach ahead of an expected initial public offering that could come as soon as this year. San Francisco-based Twitter Inc. did...

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Carmakers upbeat at Frankfurt as market steadies

FRANKFURT, Germany — The world's auto manufacturers are moving on from turbulent times — without help from Europe's lagging car markets. Recovering auto sales in the United States and continuing strength in China have helped lighten the mood at this...

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Bill Gates, 5 scientists win Lasker medical prizes

NEW YORK — Two scientists who illuminated how brain cells communicate, three researchers who developed implants that let deaf people hear and philanthropists Bill and Melinda Gates have won prestigious Lasker Awards for medical research and contributions...

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Mass. gas prices up by a penny

BOSTON — The cost of a gallon of gas in Massachusetts inched up a penny in the past week, and is now 9 cents above the national average. AAA Southern New England reports Monday that self-serve, regular rose to an average of $3.66 per gallon, compared...

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Thai Airways skids off runway; 14 passengers hurt

BANGKOK — A Thai Airways Airbus 330-300 skidded off the runway while landing at Bangkok's main airport after its landing gear malfunctioned, the airline said Monday. Fourteen people were injured while evacuating the plane, it said. It was the second...

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Koch Industries buying Molex for about $7.2B

LISLE, Ill. — Koch Industries Inc. is buying electronic components and cables maker Molex for about $7.2 billion. Koch — run by the billionaire brothers Charles and David — said Monday that it will pay $38.50 per Molex Inc. share. That's a 31 percent...

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Icahn ends takeover battle for PC maker Dell

Billionaire investor Carl Icahn is giving up his bitter takeover fight for Dell Inc. a few days before shareholders are scheduled to consider the latest buyout offer from the struggling computer maker's founder Michael Dell. Icahn said Monday in a letter...

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