The Ticker

Hub to Istanbul flights Boston will be more firmly connected to the global economy next May when Turkish Airlines begins offering the first nonstop service from Logan International Airport to Istanbul, Turkey, with connections to 236 global...

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Scion FR-S: Sporty ride
 at a great price

I loved the reaction I got to the 2013 Scion FR-S — is this a Porsche? Not quite, but this is a true sports car indeed. I was quickly relieved to find the FR-S wasn't just a sports car lite made for kids fresh out of school looking for glitz with nothing...

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Death at Pinehills spurs probe

The owner of Diaz Construction Co., whose worker was killed on a Plymouth job site Tuesday, said the Avon company tries to go "by the book" when it comes to safety. But Leonel Diaz's company has been cited by the U.S. Occupational Safety & Health...

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Cambridge single-family fresh from makeover

This unassuming two-family in North Cambridge has been converted into an upscale single-family home. Built in 1894, the 2,100-
square-foot three-bedroom home at 225 Rindge Ave. was recently renovated with new systems and wiring, higher ceilings, slate...

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Obama says choices now will govern future economy

WASHINGTON — President Barack Obama says Washington's top priority must be to reverse trends like economic inequality, weakened middle-class security and global competition. He says Washington has lost focus on the economy. In his weekly Internet and...

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The Ticker

Initial jobless claims up Initial jobless claims rose by 7,000 last week, according to the Labor Department, but the overall trend points to an improving job market. New jobless claims rose to 343,000 last week after dropping by 22,000 the week before....

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Greece's rescue creditors clear new batch of loans

BERLIN — Greece's international creditors have cleared a 2.5 billion-euro ($3.3 billion) installment of bailout loans following the approval of new austerity measures by authorities in Athens. European Commission spokesman Simon O'Connor said the decision...

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Japan's All Nippon finds damaged 787 beacons

TOKYO — Japan's All Nippon Airways has found damage to wiring on two Boeing 787 locator beacons, a device suspected as the cause of a fire on an Ethiopian Airlines 787. ANA spokesman Ryosei Nomura said Friday that Boeing Co., the U.S. Federal Aviation...

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Vivendi sells Activision stake for $8.2 billion

PARIS — Vivendi SA is selling most of its majority stake in video game maker Activision Blizzard Inc. for $8.2 billion as the French conglomerate tries to strengthen its balance sheet. In a statement Friday, Vivendi said that 429 million of its shares...

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Apple's smartphone market share slips

Apple's share of the global smartphone market fell during the second quarter to its lowest level in four years, according to data released Friday. Apple took 13.1 percent of the worldwide market, according to ABI Research, down from 16.6 percent a year...

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Wall Street liking Facebook

Facebook Inc. shares soared in after-hours trading yesterday on late news that the social networking company's mobile advertising sales boosted it to a stronger-than-expected quarterly profit. "We made some really good progress this quarter with the...

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Sales-tax holiday expected to sail through Legislature

Beacon Hill lawmakers plan to vote on a proposed Aug. 10-11 state sales tax holiday early next week, and House Speaker Robert A. DeLeo anticipates no opposition to what's become a last-minute annual vote. "It helps the business community, which obviously...

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Women venturing out in tech world face uphill battle

Few women in Boston's high-tech startup community are getting venture capital funding, according to a new survey, something entrepreneurs and one of the state's top economic officials said is hurting the Bay State's economy. In the survey, released...

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The Ticker

Clover not cleared to open Clover Food Lab, which had hoped to reopen yesterday, nearly two weeks after it was closed amid a salmonella outbreak, has yet to be given the green light by Cambridge and Boston inspectors. Late yesterday afternoon, Ini...

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US unemployment aid applications rise 7K to 343K

WASHINGTON — The number of Americans applying for unemployment benefits rose by 7,000 last week to a seasonally adjusted 343,000. The increase in the week ending July 20 follows a drop of 22,000 the previous week. But the broader trend is consistent...

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Caterpillar 2Q profit falls 77 pct; cuts outlook

PEORIA, Ill. — Caterpillar says its second-quarter profit fell 77 percent as dealers cut inventories more than it had anticipated and the company cut its profit and revenue outlook for the year. The world's largest maker of construction and mining equipment...

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Gas well in the Gulf continues to burn

NEW ORLEANS — An out-of-control natural gas well off the Louisiana coast continued to burn Wednesday after it caught fire following a blowout that prompted the evacuation of 44 workers, authorities said. Meanwhile, officials stressed that Tuesday's...

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US Airways 2Q income falls 6 percent

US Airways says second-quarter profit fell 6 percent from last year, but still beat Wall Street expectations heading into its merger with American Airlines. US Airways Group Inc. said Wednesday that net income was $287 million, or $1.40 per share, in...

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Dell's founder boosts offer to buy the company

ROUND ROCK, Texas — Dell's founder is boosting his offer to buy the struggling PC maker by 10 cents to $13.75 per share in hopes of attracting more shareholder support. The move came just hours before shareholders of the Round Rock, Texas-based company...

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Caterpillar 2Q profit falls 43 pct; cuts outlook

PEORIA, Illinois — Second-quarter earnings at Caterpillar fell 43 percent as dealers cut inventories more than the company expected. The world's largest maker of construction and mining equipment cut its profit and revenue outlook for the year. Caterpillar...

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The Ticker

Hasbro misses mark 
on quarterly earnings Hasbro's second-quarter net income fell 16 percent, hurt by cautious consumer spending and a steep drop in sales of boys' toys. Toy industry sales have been in a slight decline all year, stung by a video game...

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World stocks rise as China slowdown jitters ease

MILAN — Easing fears of an economic slowdown in China pushed world markets higher on Tuesday . World stocks received a boost after Chinese Premier Li Keqiang indicated the government would act to support the world's second-biggest economy after two...

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Mass. home median prices on the rise

BOSTON — The median sales price of a single-family home in Massachusetts has risen to its highest level in almost six years. The Warren Group reported Monday that median prices jumped 9 percent last month when compared to June 2012 to $350,000. The...

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Former GM exec sees Toyota role as sign of change

NAGOYA, Japan — Mark Hogan, a former General Motors Co. executive tapped to join the Toyota board, sees his appointment as a sign of change at the Japanese automaker and hopes he'll play a role in the company becoming less insular and quicker in decision...

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Bank of Maine sells 6 northern Maine branches

PORTLAND, Maine — The Bank of Maine has reached an agreement to sell six of its branches in the northern part of the state to Machias Savings Bank. The transaction affects branches in Caribou, Fort Kent, Houlton, Lincoln, Mars Hill and Presque Isle,...

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How the world will learn about royal baby's birth

LONDON — Now that Kate is in the hospital, what can royal baby watchers expect next? How do royal fans find out when the infant has arrived? The short answer: Ignore all rumors on social media until there is an official announcement from Buckingham...

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McDonald's predicts tough year despite new items

NEW YORK — McDonald's is mixing up its menu with healthier, fresher sounding items such as its chicken McWraps, but not enough customers are biting. The world's biggest hamburger chain on Monday reported a second-quarter profit that rose 4 percent but...

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Baby buzz proves celeb power of Britain's royals

LONDON — In London, the royal birth is a tale of two cities — a moment of history unfolding amid the frenzy of daily urban life. Outside the London hospital where Prince William's wife, Kate, was in labor Monday, Londoners slowed their daily rush on...

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US home sales dipped 1.2 percent in June

WASHINGTON — U.S. sales of previously occupied homes dipped in June to a seasonally adjusted annual rate of 5.08 million in June but remain near a 3½-year high. The National Association of Realtors said Monday that sales dipped last month from an annual...

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Toyota opens training facility for quality control

TAJIMI, Japan — Toyota is opening a training facility for mechanics complete with a test course that simulates 13 driving conditions including cobblestones and bumpy roads as part of the automaker's efforts to avoid a repeat of its recall fiasco. A...

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Boston Entrepreneur Olympics goes for gold

Don't necessarily expect any new world records to be set at Boston's inaugural Entrepreneurs Olympics on Aug. 1. But do expect fun — and for a good cause. There will be basketball, volleyball, a 5K race and high jump. But for $20, you can also watch...

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Mastectomy aid eases recovery

Before she woke up in the hospital after her mastectomy 12 years ago, Cathy McGrath knew her breast would be gone. What she didn't plan for was multiple post-surgical drains — little plastic bulbs with a long tube — to collect fluid. "I was really taken...

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If you’re smelling burning oil, look out for a leak

I have a 2005 Mazda 6 with the 3-liter V6 engine and 70,000 miles. I do my own oil changes and for the past several changes have noticed a strong smell of burning oil when stopped at lights or in traffic, lasting three weeks after I have done the oil...

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US Treasury Secretary Lew in Greece for talks

ATHENS, Greece — U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece's efforts to overcome a deep debt crisis. Greek officials say Lew is meeting with Finance Minister Yannis Stournaras and will later on Sunday meet Prime Minister...

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House GOP on health care: For repeal, not replace

WASHINGTON — Three years after campaigning on a vow to "repeal and replace" President Barack Obama's health care law, House Republicans have yet to advance an alternative for the system they have voted more than three dozen times to abolish in whole...

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