On jobs, Obama calls 2014 'a year of action'

WASHINGTON — President Barack Obama is calling 2014 "a year of action" for creating jobs and economic opportunities for American families. In his weekly radio and Internet address, Obama says the first step is for Congress to extend unemployment insurance...

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Zucker: GOP being run from Fox News headquarters

PASADENA, Calif. — The chiefs of CNN and Fox News Channel are throwing shots at each other, each suggesting the other's network is essentially out of the news business. Fox News Chairman Roger Ailes struck first, saying in an interview published this...

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Up to 70M more Target-ed

Target Corp. yesterday acknowledged a security breach was far more wide-reaching than previously announced, saying the names, mailing addresses, phone numbers or email addresses of 70 million customers also were accessed by hackers. That data theft...

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High court to hear Aereo case

Internet TV company Aereo will square off against the nation's biggest broadcast networks in front of the U.S. Supreme Court, pitting an upstart company with Boston ties against the giants of television. The Supreme Court yesterday agreed to hear arguments...

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Volkswagen sales up nearly 5 percent in 2013

BERLIN — Volkswagen AG said Saturday that it delivered a record 9.5 million cars and commercial vehicles last year, a 4.8 percent increase, as growing Chinese and North American demand compensated for a slight decline in Europe. The Wolfsburg, Germany-based...

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Cambridge company wins NASA job

NASA has awarded Cambridge-based Charles River Analytics a contract to build a system that analyzes satellite imagery to detect major changes, including volcanic eruptions, so scientists can respond more quickly to environmental events. The $750,000...

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Briar defends breach delay

The Briar Group is defending a six-week delay in notifying the public that its restaurant customers' credit card data were stolen last fall, saying it took that long to confirm hackers had breached its system. But security experts say it shouldn't take...

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Micro-units perfect fit for young pros

Micro-apartments aren't for everyone, but for young professionals starting out who embrace a leaner and more collegial lifestyle, it doesn't seem that it's that much of a compromise. A recent tour of Factory 63 on Melcher Street in South Boston's Fort...

22.26 | 0 komentar | Read More

More towns eye casino $

The state Gaming Commission is bracing for a rush of petitions from cities and towns that believe casino developers have wrongly denied them surrounding community status, which entitles them to payments to make up for the stress casinos would put on...

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Target: Data breach caught up to 70M customers

NEW YORK — Target says that personal information — including phone numbers and email and mailing addresses — was stolen from as many as 70 million customers in its pre-Christmas data breach. That was substantially more customers than Target had previously...

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John Henry pitches change at Globe

Boston Globe publisher Christopher Mayer's abrupt resignation yesterday appears to signal the start of an extensive restructuring of the broadsheet and came just hours after new owner John Henry hinted at new multimedia initiatives to Hub bigwigs. Henry,...

22.27 | 0 komentar | Read More

Weekly US unemployment benefit claims drop to 330K

WASHINGTON — The number of Americans seeking unemployment benefits fell 15,000 last week to a seasonally adjusted 330,000, signaling fewer layoffs and steady job growth. The Labor Department said Thursday that the less volatile four-week average dropped...

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Center Plaza deal good sign for Boston

Shorenstein Properties is the new owner of Boston's landmark Center Plaza in a $307 million deal. At $400-plus per square foot, the San Francisco real estate investment firm's purchase of the three Government Center buildings at 1-3 Center Plaza, totalling...

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Keolis to run commuter rail

The French company that will run Massachusetts' commuter rail system starting July 1 will face much higher penalties than the previous operator if trains don't run on time. The state Department of Transportation's board of directors yesterday voted...

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Report: Wasteful health care spending up in Mass.

BOSTON — A new report is estimating that nearly four out of every 10 dollars spent on health care in Massachusetts is doing little to improve the lives of patients. The report by the Health Policy Commission said between 21 percent and 39 percent of...

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Barnes & Noble promotes Nook head to CEO

NEW YORK — Book seller Barnes & Noble has promoted the head of its Nook business to chief executive of company. The struggling retailer said Wednesday Michael Huseby, 59, will take the role immediately. The post has been vacant since July when CEO...

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Germans defend exports as US Treasury's Lew visits

BERLIN — Germany's finance minister dismissed criticism of his country's export strength as his U.S. counterpart pressed for Europe's biggest economy to do more to fuel domestic demand. Germany has long faced criticism from the U.S. and others for relying...

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Clear Channel launches country festival in Austin

AUSTIN, Texas — Clear Channel Media and Entertainment got such an overwhelming response to country music performers during the iHeartRadio Music Festivals, they've decided to start one geared toward country fans. The first iHeartRadio Country Festival...

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Fears Fed could speed taper pushes weigh on stocks

PARIS — Fears that the U.S. Federal Reserve could rein in its stimulus more aggressively than previously weighed on stocks Wednesday. Payroll processor ADP said Wednesday that companies added 238,000 jobs in the U.S. in December, up slightly from 229,000...

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Probe: $27B in wasteful health-care spending in Mass. in 2012

More than one-third of health care spending in Massachusetts is wasteful, squandered on unnecessary hospital readmissions and emergency room visits, according to detailed new report released today. Wasteful spending in 2012 may have amounted to almost...

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US trade deficit declines to $34.3B billion

WASHINGTON — The U.S. trade deficit fell in November to its lowest level in four years, an encouraging sign that economic growth in the final three months of the year was stronger than analysts had forecast. Gains in energy production and stronger sales...

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JPMorgan settles Madoff fraud claims for $1.7B

NEW YORK — JPMorgan Chase & Co., already beset by other costly legal woes, has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme, federal authorities...

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US home prices tick up 0.1 percent in November

WASHINGTON — U.S. home prices barely rose in November from the previous month and year-over-year gains slowed, reflecting declines in sales in the fall. Real estate data provider CoreLogic said Tuesday that prices increased just 0.1 percent in November...

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Travelers spend night on 3 snowbound Amtrak trains

CHICAGO — Hundreds of Amtrak passengers who spent the night onboard three trains stranded in snow in northern Illinois have begun to arrive in Chicago, rail line officials said Tuesday morning. About 300 passengers on two trains that were stuck near...

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Markets recover after lackluster start to year

LONDON — Stock markets turned higher on Tuesday, recovering from a rocky start to the year, despite concerns over the Chinese and U.S. economies. Markets started the new year in lackluster fashion, especially compared with their stellar performance...

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Stocks start mixed on first full week of 2014

NEW YORK — Stocks are getting off to a mixed start on the first full week of trading of the year. The Dow Jones industrial average fell a point at 16,467 in the first few minutes of trading Monday. The Standard & Poor's 500 index was flat at 1,831....

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T-Mobile to buy spectrum licenses from Verizon

BELLEVUE, Wash. — T-Mobile said Monday that it's reached deals to buy spectrum licenses from Verizon Wireless for $2.37 billion in cash, allowing it to improve certain kinds of cellular service in markets across the U.S. The agreements also include...

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Mohegan Sun reaches labor pact with unions

BOSTON — Mohegan Sun has reached agreements with two labor groups to hire union carpenters and tradesmen should it win approval to build a casino in Revere. The company also said Sunday it had signed a memorandum of understanding with several other...

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Dolby unveils technology to improve TV brightness

LAS VEGAS — Dolby, long known for pristine sound, is now trying to improve what you see. On Monday, at the International CES gadget show, the company unveiled Dolby Vision, a technology that increases the brightness and contrast of TV sets. Prototype...

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Stocks open mixed on Wall Street

NEW YORK — Stocks were mixed early Monday at the start of first full week of trading of the year. This week investors will get a chance to see the final monthly jobs report of 2013 and minutes from the Federal Reserve's December policy meeting. KEEPING...

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Price of bluefin tuna nosedives at Tokyo auction

TOKYO — Sushi restaurateur Kiyoshi Kimura paid 7.36 million yen (about $70,000) for a 507-pound (230-kilogram) bluefin tuna in the year's celebratory first auction at Tokyo's Tsukiji market on Sunday, just 5 percent of what he paid a year earlier despite...

22.27 | 0 komentar | Read More

Boeing contract cuts into local labor influence

SEATTLE — A new labor contract that was approved in a close vote by Boeing machinists secures a major airplane contract for the Seattle area, but it also moves workers away from pensions. National union leaders, the state's governor and the company...

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Fed chairman, farm bill on Congress' to-do list

Congress' agenda for 2014 extends from must-passed legislation and nominations to several maybes in a politically charged election year. MUST DO: —Senate confirmation of Janet Yellen to become chairman of the Federal Reserve. A vote is scheduled for...

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Dubai developer Nakheel to pay $1.1B debt in 2014

DUBAI, United Arab Emirates — The indebted builder of Dubai's palm-shaped islands says it plans to make early debt repayments of 4 billion dirhams, or $1.1 billion, this year. Nakheel said in a statement Sunday that strong real estate growth and improved...

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Plane skids off runway at NY's JFK; flights halted

NEW YORK — A plane from Toronto slid into snow as it turned onto a taxiway after landing at John F. Kennedy International Airport on Sunday, leading the airport to temporarily suspend flights from taking off and landing because of icy runways. No injuries...

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