Value shoppers turn to used cars

With used-car prices falling and the quality of late-model cars improving, buyers are now getting a lot more bang for their buck. Recent redesigns, especially in the midsize- and compact-sedan segments, have left the used-car market full of vehicles...

20.25 | 0 komentar | Read More

Wall Street shrinking tech giants’ share prices

The tech sector is fizzling as big-name companies continue to struggle on Wall Street as earnings reports come in lower than expected. Microsoft fell the most in more than four years after the company wrote off nearly $1 billion on its new tablet computer...

20.25 | 0 komentar | Read More

Squantum home’s a day at the beach

If you want to feel like you're on vacation year round, this waterfront house for sale in the Squantum neighborhood of Quincy comes complete with deeded access to a private beach. Built in 2008 by Realtor/owner Theresa Repoff, the three-bedroom single...

20.25 | 0 komentar | Read More

Arthur DeMoulas fits Market Basket to a T

Market Basket shoppers, workers and shareholders dodged a bullet Thursday when the grocery chain's board backed away from a proposal to fire CEO Arthur T. Demoulas, according to a former independent board member. "There's no question in my mind that...

20.25 | 0 komentar | Read More

Obama commends work of consumer protection agency

WASHINGTON — President Barack Obama is commending the work of a consumer protection agency created after the economic crisis. The Consumer Financial Protection Bureau got its first permanent director this week after the Senate voted to install Richard...

20.25 | 0 komentar | Read More

Arts festivals drawing lots of business to Hub

Officials plan to build on this summer's string of business-boosting arts festivals by bringing even more outdoor summer fun to downtown Boston and city neighborhoods next year. "We absolutely want to keep what we have, but there's always room for expansion,"...

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Upscale units in Hub offer pedalling perk

Does watching the Tour de France make you want to jump on a bike? Related Companies and Zagster, a Cambridge-based company that provides bicycles, have launched a bike-sharing program, making Related Companies the first real estate company to offer...

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The Ticker

Detroit files for bankruptcy Detroit yesterday became the largest city in U.S. history to file for bankruptcy, as the state-appointed emergency manager filed for Chapter 9 protection. A number of factors — most notably steep population and tax base...

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Boston Globe bidder files suit vs. ex-partner

Two media bigs who teamed up to try to buy The Boston Globe in 2011 are now engulfed in a long and pricey breach of contract dispute, as former Time Inc. CEO Jack Griffin is suing Orange County Register publisher Aaron Kushner for up to $10 million in...

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US tech earnings weigh on markets

LONDON — Disappointing earnings from two U.S. technology giants weighed on global markets Friday after a stellar run that has seen Wall Street's main indexes post a series of all-time highs. Stocks around the world have had a solid week, especially...

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Suffolk prof relishes role as ‘explorer’ at visual frontier

He used to be just Andrew Perlman, Suffolk Law professor, and he was fine with that. But for the past month, he's been Andrew Perlman, Google Glass Explorer, and nothing has been the same. There was the stranger who refused to walk in front of his...

20.28 | 0 komentar | Read More

Eyeing Google's vision

OK Glass, I see you. The technological love-child of a smartphone and glasses with a bit of "Star Trek" mixed in, Google's Glass is the pinnacle of possibly-before-its-time, always connected, wearable technology. Its role in society and our lives is...

20.28 | 0 komentar | Read More

Security experts to test phone anti-theft locks

SAN FRANCISCO — The top prosecutors in San Francisco and New York say they are bringing in state and federal security experts to test the newest anti-theft features designed to thwart the surge of stolen smartphones. San Francisco District Attorney...

20.28 | 0 komentar | Read More

Bernanke comments keep markets firm

LONDON — Stocks continued to rise Thursday after the U.S. Federal Reserve said it will extend its stimulus policies if necessary, though Chinese markets were overshadowed by uncertainty over the country's economic outlook. In prepared remarks to lawmakers...

20.28 | 0 komentar | Read More

US unemployment aid applications drop to 334K

WASHINGTON — The number of Americans applying for unemployment benefits fell 24,000 last week to a seasonally adjusted 334,000, a sign that steady job gains should continue. The drop left unemployment benefit applications at the lowest level in 10 weeks,...

20.28 | 0 komentar | Read More

Chrysler to roll out all-new midsize car next year

STERLING HEIGHTS, Mich. — Chrysler will start selling a completely new midsize car during the first quarter of next year, company executives confirmed on Tuesday. The replacement for the aging Chrysler 200 and Dodge Avenger is badly needed for the company...

20.26 | 0 komentar | Read More

Markets buoyed by Bernanke testimony

LONDON — The mood in markets turned positive Wednesday after some dovish remarks from U.S. Federal Reserve chairman Ben Bernanke raised the prospect that the central bank's monetary stimulus may stay in place a little longer than expected. In prepared...

20.25 | 0 komentar | Read More

House GOP seek delay in health care provisions

WASHINGTON — House Republicans, politically emboldened by President Barack Obama's delay of a key requirement of his health care law, are taking another run at scrapping his signature domestic policy. The House has scheduled votes Wednesday to delay...

20.25 | 0 komentar | Read More

US builders start work on fewer homes in June

WASHINGTON — U.S. builders started work on fewer homes in June, mostly because apartment construction fell sharply. But applications for permits to build single-family houses rose to the highest level in five years, suggesting the housing recovery will...

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Captain wants plea deal in Italian shipwreck case

GROSSETO, Italy — Lawyers for the captain on trial for the deadly shipwreck of the luxury cruise liner Costa Concordia are making a last-ditch attempt to reach a plea bargain in a case that could result in a long prison sentence. Francesco Schettino's...

20.25 | 0 komentar | Read More

Goldman's profit doubles, helped by underwriting

NEW YORK — Goldman Sachs says its second-quarter profit doubled, boosted by a surge in stock and bond underwriting. Profit was $1.9 billion after payments to preferred shareholders, compared with $927 million a year ago. Per share, those profits were...

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European car sales down 6.6 percent in 1st half

PARIS — The European car industry showed further signs of distress Tuesday, as new data revealed car sales were down 6.6 percent for the first half of the year compared with the same period in 2012. The European automakers' association, ACEA, said that...

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Coca-Cola's profit dips as soda declines at home

NEW YORK — Coca-Cola's profit dipped in the latest quarter as the world's largest beverage maker sold less soda in its flagship North American market. The Atlanta-based company, which makes Dasani, Powerade and Sprite, said Tuesday that global volume...

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Greece faces general strike over state job cuts

ATHENS, Greece — Unions opposing austerity measures in Greece staged their fourth general strike this year on Tuesday, as the government prepared to start axing public sector jobs. Several thousand protesters, most wearing caps to shield themselves...

20.25 | 0 komentar | Read More

US stock futures mixed in light trading

NEW YORK — U.S. stock futures were mixed Tuesday with a sustained show of strength from the financial sector and more evidence that inflation is being held in check. Volume is light for the second consecutive day, however, with markets awaiting testimony...

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Korean talks fail to reopen shuttered factories

SEOUL, South Korea — Officials from North and South Korea met Monday for the third time this month but again failed to find a way to reopen an inter-Korean factory park that was a key symbol of cooperation before its shutdown in April. They agreed to...

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US probes C-Class Mercedes for lighting problems

DETROIT — U.S. safety regulators are investigating about 218,000 Mercedes C-Class luxury cars because the rear lights can fail and even catch fire. The National Highway Traffic Safety Administration says the probe affects cars from the 2008 and 2009...

20.25 | 0 komentar | Read More

Futures up as US earnings season ramps up

NEW YORK — Stock futures rose Monday as the corporate earnings season kicked into high gear and the government reported that retail sales increased last month. Citigroup easily topped most expectations for the second quarter and its shares rose 2 percent...

20.25 | 0 komentar | Read More

For Obama's climate plan, devil is in the details

WASHINGTON — Frustrated by a recalcitrant Congress, President Barack Obama has vowed to take climate change into his own hands. Now he has to deliver. Three weeks after giving an ambitious speech to outline his proposal, the president begins the arduous...

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Hungary aims to close IMF office, repay loan early

BUDAPEST, Hungary — Hungary is considering paying back early a bailout loan from the International Monetary Fund and also wants to close the organization's office in Budapest. National Bank of Hungary President Gyorgy Matolcsy said Monday in a letter...

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