BRA approves pay boosts

The Boston Redevelopment Authority has beefed up its staffers' salaries for the first time in five years. The agency, whose budget is separate from the city's, recently awarded 3 percent raises to all except the top employees. "This was the right time...

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The Ticker

Downtown Crossing pushcart vendors out The Downtown Boston Business Improvement District is pulling the plug on pushcart vendors, right, at the end of the month. The elimination of the vendors, who have been selling food and merchandise ranging...

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Ford C-Max outperforms Prius

Ford has been in the green marketplace for quite a while, but the C-Max CUV represents a giant leap forward in its effort to topple the vaunted Toyota Prius. The C-Max replaces the discontinued Escape Hybrid and offers an entirely new vehicle. Based...

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In a rising economy, politicians look for credit

WASHINGTON  — Increased hiring, lower unemployment, stock market on the rise. Who gets the credit? It's a hotly debated point in Washington, where political scorekeeping amounts to who gets blame and who gets praise. Following Friday's strong...

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Federal workers owe $3.5 billion in back taxes

WASHINGTON — The number of federal workers and retirees who owed delinquent income taxes jumped by nearly 12 percent in 2011, the Internal Revenue Service said Friday. Nearly 312,000 federal workers and retirees owed more than $3.5 billion in back taxes...

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Taking stock of U.S. job numbers

Taking stock of U.S. job numbersLabor figures to tell if profit-rich cos. are hiring All eyes will be on this morning's official Labor Department jobs report to see if a week when the Dow set new records can be capped by signs that profit-rich U.S....

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Report lays new foundation for housing policy

The housing market is on the mend but experts say the healing process has been held back by "rigid" rules for buyers and lenders. A bipartisan commission of former Cabinet secretaries, ex-senators and top housing and economic experts released an expansive...

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Copley Place builder may shop tower as luxury apartments

The stalled Copley Place tower project may come back to life as a luxury apartment high-rise. The head of developer Simon Property Group recently hinted at a shift for the 47-story tower, which had been approved for 318 condominium units. "We're still...

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Mass., R.I. take income tax bites

Mass., R.I. take income tax bites Tax season is upon us and the Herald's TaxSmart experts are here to help. Today, Art Ford of Sullivan Bille Group of Tewksbury discusses issues involving multi-state returns. I work in Rhode Island, but live in Massachusetts....

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The Ticker

Facebook fixes feed Facebook has redesigned the main attraction of its social network to address complaints that its website has turned into a jumble of monotonous musings and random photos. In an attempt to breathe new life into Facebook's News Feed,...

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Wall Street clips Staples on forecast

Investors reacted strongly to Staples' weaker-than-expected forecast and news that the office products retailer would invest the majority of its $150 million in cost-savings this year back into the business. The Framingham-based chain's shares dropped...

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PRIM eyes prime properties

The state pension fund is set to go on a billion-dollar commercial real estate buying spree and experts say now is a great time to buy. About 10 percent — or 
$5 billion — of the state's
$52 billion pension fund is currently invested in real estate,...

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DeLeo: Gov’s tax hike plan damaging

House Speaker Robert DeLeo will tell Hub business leaders today that working families and businesses shouldn't have to suffer "collateral damage" from Gov. Deval Patrick's plan to hike taxes by nearly $2 billion to pay for transportation and education....

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Longtime Mass. ice business on block

Longtime Mass. ice business on block GLOUCESTER, Mass. — A company that's been supplying Gloucester fishermen with ice for decades is for sale as the fishing industry faces a brutal 2013. The owner of Cape Pond Ice Co. tells the Gloucester Times that...

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Subaru recalls cars that can start on their own

DETROIT — Subaru of America is recalling more than 47,000 cars and SUVs with remote starters because the engines can start on their own. The recall affects some Legacy and Outback cars from the 2010 to 2013 model years. Also covered are the Impreza...

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Dow record doesn't impress Wall Street workers

NEW YORK — What record? There were no signs of a celebration on Wall Street after the Dow Jones industrial average closed at an all-time high Tuesday. Like on any other day, traders rushed out the doors of the New York Stock Exchange after the closing...

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Dow lifts Bay Staters’ hopes

Wall Street cheered as the Dow Jones industrial average soared to a record high yesterday, and Bay State residents and economic experts are hopeful the long-awaited recovery finally has taken hold. "What we're seeing is a continuation of good news and...

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Samsung invests $112 million in Japan's Sharp

SEOUL, South Korea — Samsung Electronics Co. said Wednesday it will invest 10.4 billion yen ($111.5 million) in Sharp Corp. to secure a supply of large-size LCD panels. The agreement gives Samsung a 3 percent stake in Osaka-based Sharp and a supply...

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Markets keep rising after Dow hits record high

LONDON — The Dow's new all-time high and better economic data from the United States propelled world markets Wednesday, with European stocks hitting a four-year high. Investors are cheered by major central banks' commitments to keep supporting growth...

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Former GM executive tapped for Toyota board

TOKYO — Toyota has tapped a former executive at U.S. rival General Motors to join its board, the first time in the Japanese automaker's 76-year history it is appointing directors from outside the company. The appointment of Mark Hogan, effective April...

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Firm makes it a Snap to pay around the world

Truly global commerce where merchants can take payment in almost any major currency is getting a boost from an Israeli firm that just opened offices in Waltham. BlueSnap powers transactions in 145 countries and 28 currencies, said Ralph Dangelmaier,...

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Pact Stops grocer’s worker woes

Stop & Shop appears to have avoided a potential lockout or strike by 40,000 workers after reaching a tentative contract deal with their union locals. The agreement with United Food and Commercial Workers International Union, reached around 
4 a.m....

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State picks Pike's peak

Hub developers Samuels & Associates and Weiner Ventures got a green light from the state to build a $360 million residential, hotel and retail project over the Mass Pike — big plans in the Back Bay that could get even bigger. The real estate firms...

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India rejects Bayer plea against cheap cancer drug

NEW DELHI — India's patent appeals office has rejected Bayer AG's plea to stop the production of a cheaper generic version of a patented cancer drug in a ruling that health groups say is an important precedent for getting inexpensive lifesaving medicines...

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Martha Stewart to testify in trial over her brand

NEW YORK — Eight years after Martha Stewart was released from prison for lying about a stock trade, the home diva is now facing another legal mess that may not be easy to clean up. Stewart, 71, is scheduled to take the stand in New York State Supreme...

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Spending cuts seem here to stay

WASHINGTON — The spending cuts are here to stay if you believe the public posturing Sunday. The Senate's Republican leader Mitch McConnell called them modest. House Speaker John Boehner isn't sure the cuts will hurt the economy. The White House's top...

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Mustering a new tenant for Navy Yard landmark

The Muster House — an unusual, octagonal building that served as a worker assembly point at the Charlestown Navy Yard in the 1800s — will have a new leasehold owner for the first time in more than 15 years. The owner of a building consulting firm in...

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The Ticker

What's up, online doc? Rite Aid has expanded an online doctor service for its drugstore customers that is limited to virtual visits, but cheaper than a traditional primary care appointment. The company, the nation's third-largest drugstore operator...

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Media Google-y eyed over glasses idea

If you've paid any attention to technology-related news recently, you might think that by the end of the year we'll all be like Tom Cruise in "Minority Report," sporting retina-scanning glasses with a gestural interface in the form of Google's Project...

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Evernote hacked: 50 million passwords reset

LONDON — Online note-taking service Evernote Corp. has been hacked and is resetting all its 50 million users' passwords as a precaution. The Redwood City, California-based company said in a post published late Saturday that an attacker had been able...

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Boston’s Pongr gains Sightec

A new technology deal inked with Israeli startup Sightec has Hub-based 
Pongr thinking about the big picture. The mobile photo marketing company said its "significant" acquisition of Sightec's super-resolution software will help Pongr pinpoint harder-to-find...

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Thousands march in Portugal to protest austerity

LISBON, Portugal — Many thousands of demonstrators held marches in more than 20 cities in Portugal on Saturday to protest against government-imposed austerity measures aimed at lifting the ailing country out of recession. Tens of thousands of people...

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AP: NY fracking held as Cuomo, RFK Jr. talk health

AP: NY fracking held as Cuomo, RFK Jr. talk health ALBANY, N.Y. — New York Gov. Andrew Cuomo came as close as he ever has to approving fracking last month, laying out a limited drilling plan for as many as 40 gas wells before changing course to await...

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Burlington's apples shine

Burlington High School, which gives every student an iPad to keep until graduation, has become a poster child for tech giant Apple. The company will present staff and students with the Apple Distinguished School award on March 13 and laud the school's...

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Tax bills for rich families approach 30-year high

WASHINGTON — Washington is gridlocked again over whether to raise taxes on the rich. But it turns out that wealthy families already are paying some of their biggest federal tax bills in decades, even as the rest of the population continues to pay at...

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