NJ second-home owners in limbo a year after Sandy

STAFFORD TOWNSHIP, N.J. — The Jersey shore's vacation bungalows and cottages have for decades staked out little plots of paradise where families who scrimped and saved could while away summer evenings, parents having drinks on the deck and kids working...

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JPMorgan's $5B settlement doesn't end its troubles

WASHINGTON — The $5.1 billion that JPMorgan Chase has agreed to pay hardly ends its legal troubles over mortgage securities it sold. It's merely a down payment. JPMorgan still faces heavy financial burdens. The bank has set aside $23 billion to cover...

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Another month of fixes for health care website

WASHINGTON — It should be working well by the end of November. That's the Obama administration's rough timetable for completing a long list of fixes to HealthCare.gov, the new, trouble-plagued website for uninsured Americans to get coverage. Summarizing...

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For Obama, health care woes may have staying power

WASHINGTON — For nearly five years, Republicans have struggled to make a scandal stick to President Barack Obama's White House. One by one, the controversies — Solyndra, Benghazi, Fast and Furious, and others — hit a fever pitch, but then faded away....

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Facebook off limits for Macedonian clergy

SKOPJE, Macedonia — The Macedonian Orthodox Church has banned it clergy from using Facebook to protect against abuse and "new phenomena of confessions and intimate conversations with young people," local media report. Reports on Saturday said the Holy...

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Feds give $20.5M grant to aid Dorchester plan

A $100 million redevelopment in Dorchester that includes housing, a food business startup incubator and other improvements will revitalize the Quincy Corridor neighborhood and be the model for future such projects across the city, local and federal officials...

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Hub home inventory way down this fall

A year ago housing inventory levels statewide were down 17 percent from the previous year. Well, here we are a year later and things are pretty much the same — which isn't necessarily a bad thing. That is, unless you're a buyer looking to find a home...

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Somerville 3D printer co. raises Form-idable $19M

Somerville startup Formlabs has raised 
$19 million in institutional capital — a rare feat, even for a company responsible for the top-grossing tech project on Kickstarter. The makers of the Form 1 3D printer already are expanding into an 11,000-square-foot...

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Climate’s changed at National Grid

Delivering clean, reliable, affordable energy well into the future is one of the greatest global challenges, National Grid CEO Steve Holliday told executives in Boston yesterday. "Based on trends over the last few years, 2012 was supposed to be the...

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Globe scribe tweets he’s ‘tired of Boston Strong’

A Boston Globe reporter tweeted he was "so tired of 'Boston Strong,' " just as marathon survivors were being honored during the seventh inning of last night's Red Sox World Series game — and came under fire from shocked tweeters who schooled the Morrissey...

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US unemployment aid applications drop to 350,000

WASHINGTON — The number of people seeking U.S. unemployment benefits dropped 12,000 to a seasonally adjusted 350,000 last week, though the total was elevated for the third straight week by technical problems in California. The Labor Department said...

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Time Warner Cable to carry Al Jazeera America

NEW YORK — Time Warner Cable and Al Jazeera America say they've reached a deal for the cable company to start carrying the channel. Al Jazeera America will be launched over the next six months on digital basic cable services in Time Warner Cable as...

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Boston Scientific to cut up to 1,500 jobs

NATICK, Mass. — Boston Scientific Corp. plans to shed as many as 1,500 jobs worldwide, or 6 percent of its workforce, in an effort to cut costs. The company also said Thursday that its CFO is leaving. Boston Scientific is promoting its corporate controller...

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Obama admin. was responsible for testing

WASHINGTON — The contractors responsible for building the troubled Healthcare.gov website say it was the government's responsibility — not theirs — to test it and make sure it worked. Lead contractor CGI Federal tells Congress the Obama administration...

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Icahn: Apple should launch $150B stock buyback

NEW YORK — Activist investor Carl Icahn has told Apple CEO Tim Cook that the iPhone and iPad maker should launch a $150 billion stock buyback immediately and disclosed that he now owns 4.7 million shares in the company. In a letter to Cook posted online...

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Ex-Utah Gov. Huntsman hosting weekly radio show

SALT LAKE CITY — Former Republican Utah Gov. Jon Huntsman, a 2012 presidential candidate, will be hosting a new weekly radio talk show on SiriusXM satellite radio aimed at promoting bipartisan politics. Huntsman helped launch a similar program in May,...

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FedEx expects increase in holiday deliveries

MEMPHIS, Tenn. — FedEx expects that holiday shoppers will be more nice than naughty this year, with shipments rising from 2012. The company said Wednesday that it expects to carry more than 22 million shipments on the busiest day of the season, which...

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WellPoint's 3Q profit falls 5 pct, forecast climbs

INDIANAPOLIS — WellPoint's third-quarter earnings fell 5 percent, but the nation's second-largest health insurer says it is raising its 2013 forecast despite added expenses from the health care overhaul. The Indianapolis company says it earned $656.2...

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176-year-old Fall River business closing

FALL RIVER, Mass. — A 176-year-old Fall River masonry supply business is shutting down, a victim of the changing face of the city. Owner Winthrop Sanford says Building Materials Inc. will close for good on Oct. 31. It specializes in bricks, mortar and...

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ECB launches major review of banks

FRANKFURT, Germany — The European Central Bank is launching a review of 128 of the eurozone's biggest banks, a push to restore faith in the financial system — and lay the groundwork for growth — after similar studies fell short. The review will be a...

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Bacteria found in breast milk sold on Internet

CHICAGO — Human breast milk is sold for babies on several online sites for a few dollars an ounce, but a new study says buyer beware: Testing showed it can contain potentially dangerous bacteria including salmonella. The warning comes from researchers...

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SAP co-CEO: Cloud computing growth continues

FRANKFURT, Germany — The co-CEO of business software maker SAP AG says the company's strong growth in cloud computing remains on track — despite headwinds from a stronger euro. Bill McDermott told the Associated Press on Monday that SAP "is the fastest...

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Survey: US economists upbeat on economic growth

Despite uncertainty in Washington and rising oil prices and interest rates, companies are upbeat on the prospects for economic growth in the next year, according to a quarterly survey of business economists. But economists surveyed by the National Association...

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Markets flat-footed at start of busy week

LONDON — Financial markets were flat-footed Monday at the start of a busy week that will see a number of key economic releases published and the U.S. corporate earnings reporting season pick up steam. Oil was the standout mover as the benchmark rate...

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US existing-home sales drop 1.9 pct. in September

WASHINGTON — Americans bought fewer existing homes in September than the previous month, held back by higher mortgage rates and rising prices. The National Association of Realtors said Monday that sales of re-sold homes fell 1.9 percent last month to...

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AP CEO: Press freedom v. security a 'false choice'

DENVER — Governments that try to force citizens to decide between a free press and national security create a "false choice" that weakens democracy, and journalists must fight increasing government overreach that has had a chilling effect on efforts...

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Massport to hit up pols

Massachusetts Port Authority officials — already facing a ticking clock to grab vital federal funding — are prepping to start a Beacon Hill blitz this week to pitch a $300 million plan to dredge Boston Harbor, hoping to convince lawmakers to bankroll...

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Shutdown coverage benefits cable news networks

NEW YORK — The federal government shutdown damaged the reputations of Washington politicians but proved good business for the cable television news networks — and taught some reporters new benefits of virtually instant communications. CNN, Fox News...

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Startup has skin in the game

A Colombian company offering new hope to burn victims and other patients who suffer skin tissue loss is one of the 26 MassChallenge top finalists who'll compete on Oct. 30 for a piece of the start-up accelerator's $1.5 million in cash prizes. Keraderm...

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What to do when battery is on its last legs

I have a 2005 Hyundai Tucson with 90,000 miles on it. I've never had a problem since I purchased the vehicle, but I'm worried the battery will fail sometime soon because of its age. I'm planning to change the battery myself but I'm concerned about the...

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