Brockton vocational class teaches business savvy

BROCKTON, Mass. — The design and screen printing program at the Keith Center in Brockton pushes students to use their creativity to produce a product, said Robert Leary, who teaches the course. He noted, however, that the class does more than just teach...

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Cities to make bets on Revere

North Shore community officials will hold a press conference Monday to announce their support for a Mohegan Sun casino at Suffolk Downs, one day before the state Gaming Commission will decide whether the project can be shifted from East Boston to Revere....

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Chinese firm paid US gov't intelligence adviser

WASHINGTON — A longtime adviser to the U.S. Director of National Intelligence has resigned after the government learned he has worked since 2010 as a paid consultant for Huawei Technologies Ltd., the Chinese technology company the U.S. has condemned...

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Obama calls on Congress to extend jobless benefits

WASHINGTON — President Barack Obama is calling on Congress to extend benefits for the long-term unemployed before they expire at the end of the year. In his weekly radio and Internet address, Obama says more than one million Americans will lose benefits...

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Economic bright spots not a sure boost for Obama

WASHINGTON — To a struggling White House, the economy that was supposed to be a political millstone is losing some drag. An uptick in growth and a downturn in unemployment give the president a stronger story line going into the 2014 congressional election...

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Experts: MGM’s debt could thwart casino’s chances

The head of MGM Resorts International yesterday said he feels confident the state Gaming Commission will find MGM suitable to continue with the licensing process to open a casino in Springfield, but two gaming experts said they wouldn't be so sure. ...

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Unsold inventories result of GDP boost

The nation's economy grew at a 3.6 percent annual rate in the third quarter, the fastest in more than a year, but a buildup in business inventories suggests the Federal Reserve will likely maintain its bond-buying stimulus for now, despite a drop in...

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The Ticker

Fast-food workers stage U.S. protests Fast-food workers in hundreds of cities staged a day of rallies yesterday to demand higher wages, saying their pay was too low to feed a family and forced most to accept public assistance. The protests escalated...

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A Whirl-Wynn of Hub meetings

Vegas casino magnate Steve Wynn made a low-key visit to the Hub Monday, taking meetings with legislators, including the rep who authored the state's gaming legislation, and state Gaming Commission investigators, whose probes led him to decry Bay State...

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US unemployment falls to 7 pct. on 203K jobs added

WASHINGTON — A fourth straight month of solid hiring cut the U.S. unemployment rate in November to a five-year low of 7 percent. The surprisingly robust job gain suggested that the economy may have begun to accelerate. It also fueled speculation that...

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China bars banks from handling bitcoins

BEIJING — Bitcoins suffered a new setback after China's central bank said Thursday its banks and payment systems are barred from handling the virtual currency. The central bank said bitcoins did not qualify as a currency but private individuals still...

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Mass. gambling chief steps aside on Everett ruling

BOSTON — The head of the Massachusetts gambling commission is withdrawing from a crucial review of the land deal for a proposed casino in Everett because he is a longtime friend and former business partner of one of site's owners. Stephen Crosby says...

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The Ticker

Owner explores sale of Providence Journal The Dallas-based parent company of the Providence Journal, A.H. Belo, has hired a consultant to explore the sale of the paper, the company said in a statement. The Journal is the only newspaper owned by Belo...

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Survey: Job cuts hold steady in November

CHICAGO — Planned job cuts in November were little changed from October. Outplacement firm Challenger, Gray and Christmas says its monthly survey of employers found they planned to cut 45,314 workers from their payrolls in November, just 0.9 percent...

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US jobless claims plunge to 298k, as layoffs slow

WASHINGTON — The number of Americans applying for unemployment benefits tumbled 23,000 last week to 298,000, nearly a six-year low that shows companies are laying off fewer workers. The Labor Department said the less volatile four-week moving average...

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German giant to venture into Hub

The venture arm of one of the world's largest pharmaceutical companies is opening its first U.S. office in Kendall Square, pledging to make $130 million in investments to life sciences companies. "We chose Boston because it is unique," said Martin Heidecker,...

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The Ticker: Hilltop Steakhouse auction and more...

U.S. sales up 1% 
over weekend National retail sales climbed a mere 1 percent to an estimated 
$22.2 billion during the four-day Black Friday weekend that started on Thanksgiving for most of the nation, according to Chicago tracking firm ShopperTrak....

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Herald execs talk up future of news

Rumors of the death of newspapers have been greatly exaggerated, if Herald Publisher Patrick J. Purcell and Editor in Chief Joe Sciacca have anything to say about it — and they certainly did yesterday at a panel discussion on how news organizations can...

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In Japan, General Motors has high hopes, low sales

TOKYO — General Motors says it's in Japan for the long haul despite sales of Cadillac and Chevrolet models barely surpassing 1,000 vehicles a year. There has never been much appetite in Japan for left-hand drive gas guzzling U.S. autos, and there are...

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Boston researchers find way to cut medical errors

BOSTON — Researchers at Boston Children's Hospital say they have devised a new system of shift-to-shift patient handoffs that significantly reduces medical errors. The researchers announced Tuesday that after introducing the system on two inpatient...

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Ford's US sales rose 7 pct in November

DETROIT — Ford's U.S. sales rose 7 percent in November, led by strong demand for the Fusion midsize car and F-Series pickups. Ford said Fusion sales jumped 51 percent over last November to 22,839. F-Series pickup sales were up 16 percent to 65,501....

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Chrysler US sales rise 16 percent in November

DETROIT — Chrysler's U.S. sales rose a surprising 16 percent in November, a sign that the auto industry is on track to beat strong sales numbers from a year ago. The automaker sold just over 142,000 vehicles last month for its best November in six years,...

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US home prices rise just 0.2 percent in October

WASHINGTON — A measure of U.S. home prices rose only modestly in October, adding to signs that prices have stabilized after big gains earlier this year Real estate data provider CoreLogic said Tuesday that prices increased 0.2 percent in October from...

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Markets depressed amid Fed tapering talk

LONDON — Speculation that the U.S. Federal Reserve will start reducing its monetary stimulus this month weighed on stock markets Tuesday. A surprisingly strong manufacturing survey from the Institute for Supply Management reinforced that speculation...

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GM November US sales up nearly 14 pct

DETROIT — General Motors says its November U.S. sales rose nearly 14 percent on strong demand for pickup trucks, SUVs and large cars. The company says it sold more than 212,000 cars and trucks last month, up from nearly 187,000 a year ago. Sales of...

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Bank of America to pay Freddie Mac $404 million

CHARLOTTE, N.C. — Bank of America will pay $404 million to mortgage buyer Freddie Mac to settle all remaining claims over home loans sold in the previous decade. The Charlotte, N.C., bank says the deal resolves claims on loans sold from 2000 through...

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Amazon.com sees delivery drones as future

NEW YORK — Amazon.com is already cracking same-day delivery. Next up: getting your package delivered quicker than a pizza? The online retailer is working on a way to get customers their goods in 30 minutes or less — by drone. Amazon.com said it's working...

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Global stocks down as investors eye US data

LONDON — Global stock markets dipped on Monday as investors awaited the release of U.S. data for clearer signs about when the Federal Reserve will cut its monetary stimulus. Trading volumes were low after a long weekend in the U.S. and ahead of year-end...

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Dow Chemical looking to spin off, sell 40 plants

MIDLAND, Mich. — Dow Chemical is looking to spin off or sell about 40 manufacturing plants from its business as it continues to move away from cyclical commodity products. The company said Monday that it expects those deals to happen within the next...

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Schiffrin, rebel of corporate publishing, dies

PARIS — Literary editor Andre Schiffrin, who gave readers Art Spiegelman, Michel Foucault and Studs Terkel before he was forced out of commercial publishing in a defining battle between profits and literature, has died in Paris. He was 78. Schiffrin,...

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