The Ticker

Boston office building sells for $110 million Cornerstone Real Estate Advisers has purchased the 20-story, red-roofed Financial District office building at 99 Summer St. for $110.8 million from Normandy Real Estate Partners, according to documents filed...

20.26 | 0 komentar | Read More

Raytheon's shares boom

Shares of defense giant Raytheon have surged as the debate over a military response to Syria's use of chemical weapons has raged around the world. The Waltham-based manufacturer of the Tomahawk cruise missiles, expected to be used in any strike on Syria,...

20.26 | 0 komentar | Read More

Tours of luxurious condo 
to aid Children’s Hospital

If you're in the market for a waterfront home on the North Shore, expect to pay top dollar. But if $2.5 million is more than you can afford, you can still get a glimpse of luxury beginning next month at a new Swampscott condominium with sweeping views...

20.26 | 0 komentar | Read More

Obama: Forces conspiring against middle class

WASHINGTON — President Barack Obama says it won't be easy to reverse forces that for decades have conspired against working Americans. But he says with a few bold steps and common sense in Washington, the U.S. can make progress. Obama is reflecting...

20.26 | 0 komentar | Read More

Mass. closes some South Shore oyster beds

BOSTON — Massachusetts health and fishery officials have closed several South Shore oyster beds because of potential bacteria contamination. The agencies said Friday that oysters from the areas have been linked to three cases of a gastrointestinal illness...

20.26 | 0 komentar | Read More

Cream of the crop of hot Boston market

Home prices are still surging, but the pace of the gains has steadied as interest rates continue to rise, according to the most recent S&P/Case-Shiller Home Price Indices. Still, there are some eye-popping properties up for sale in Boston — if you're...

20.25 | 0 komentar | Read More

Palmer casino proposal unveiled

Local officials in Palmer will vote Tuesday on a deal with Mohegan Sun that would pay the town nearly $3 million upfront, followed by at least $15.2 million annually, in exchange for allowing the company to build a $1 billion casino there. If the Town...

20.25 | 0 komentar | Read More

Tooth Fairy inflation: Price of a tooth nears $4

NEW YORK — Days of finding a quarter under your pillow are long gone. The Tooth Fairy no longer leaves loose change. Kids this year are getting an average of $3.70 per lost tooth, a 23 percent jump over last year's rate of $3 a tooth, according to a...

20.25 | 0 komentar | Read More

Weighing Yellen vs. Summers for Federal Reserve

WASHINGTON — Lawrence Summers is the White House insider with a direct line to President Barack Obama. Janet Yellen is the Federal Reserve veteran with a long list of congressional patrons. The two Ivy League-trained economists have emerged as leading...

20.25 | 0 komentar | Read More

Report: GE to spin off consumer finance business

General Electric Co. plans to spin off the U.S. consumer lending business of its finance arm with an initial public offering of stock that could come early next year, according to The Wall Street Journal. The newspaper also said Friday that the Fairfield,...

20.25 | 0 komentar | Read More

Markets rebound as Syria jitters ease

LONDON — Indications that a U.S.-led military intervention in Syria may not be happening imminently allowed investors to regroup Thursday, helping stocks to push higher and oil prices to drift back. The prospect of an immediate multinational response...

20.25 | 0 komentar | Read More

Mass. homes sales make a sharp jump

BOSTON — The number of single-family homes sold in Massachusetts was up about 20 percent last month when compared to the previous July, according to two organizations that track the market. The Massachusetts Association of Realtors announced Thursday...

20.25 | 0 komentar | Read More

Children's Hospital state's most profitable in 1Q

BOSTON — Nine of the 10 Massachusetts hospitals owned by for-profit hospital chain Steward Health Care System lost money in the first quarter of this year, according to newly released state figures. Quincy Medical Center, which Steward acquired in 2011,...

20.25 | 0 komentar | Read More

Applications for US unemployment aid fall to 331K

WASHINGTON — The number of Americans seeking unemployment benefits remained near the lowest level in more than five years last week, a sign that companies are cutting few jobs. First-time applications for benefits fell 6,000 to a seasonally adjusted...

20.25 | 0 komentar | Read More

Vodafone in talks to sell Verizon Wireless stake

LONDON — Britain's Vodafone PLC, one of the world's largest cellphone companies, confirmed Thursday that it was talking to Verizon Communications about selling its U.S. operations. The U.K. company is mulling its options for its 45 percent stake in...

20.25 | 0 komentar | Read More

Economists: future deficits top US fiscal problem

NEW YORK — The biggest fiscal challenge facing the U.S. is the size of projected deficits in the 2020s and 2030s, according to a survey of business economists. The National Association for Business Economics surveyed 220 of its members in July and August....

20.25 | 0 komentar | Read More

Startups gain appeal as some Japan Inc. names fade

TOKYO — In a shabby back-alley office in Shibuya, a Tokyo district known for youth culture and tech ventures, defectors from corporate Japan are hard at work for a little known company they fervently believe will be the country's next big manufacturing...

20.25 | 0 komentar | Read More

Portland jetport's passenger traffic up slightly

PORTLAND, Maine — Passenger numbers at the Portland International Jetport have slowly started to climb after four consecutive years of declines. There was a 1.4 percent increase in passengers passing through the jetport in the first six months of this...

20.25 | 0 komentar | Read More

Pritzker family buying TMS in $1B deal

PITTSBURGH — TMS International Corp. said Monday that it's selling itself to members of the Pritzker family in a cash deal it valued at about $1 billion including refinanced third-party debt. Pittsburgh-based TMS provides outsourced industrial services...

20.25 | 0 komentar | Read More

China says economy stabilizing after long slowdown

BEIJING — China's government tried Monday to reassure companies and its public about the economy's health, saying growth is stabilizing after a lengthy decline and should hit the official target of 7.5 percent for the year. The announcement by the chief...

20.25 | 0 komentar | Read More

3-D Pancam's big potential

Video cameras can do a lot today, but picture one that has such varied uses as entertainment, surveillance, facial recognition — even interior design — and you've pretty much got the Pancam — or Eric Prechtl's vision of it, anyway. With enough seed...

20.25 | 0 komentar | Read More

Buick LaCrosse gets stuck in park

My car is a 2008 Buick 
LaCrosse with the automatic shift on the steering column. It has begun sticking when in "park" and won't release even though I press the brake pedal hard. I had to push the car forward and back before the shift-lever would release....

20.25 | 0 komentar | Read More

Patent sought for infant-saving AIR

A pioneering MIT researcher is tackling the huge problem of infant deaths with a simple device he put together on the night he learned that nearly 2 million children die on the day they are born. "I had a few sensors literally lying in the trash in...

20.25 | 0 komentar | Read More

California vies for new space industry

SAN FRANCISCO — As several new private ventures to take people on trips to space come closer to becoming reality, California lawmakers are racing other states to woo the new space companies with cushy incentives. They are debating a bill now in Sacramento...

20.25 | 0 komentar | Read More

Even without Bernanke, Jackson Hole's a hot ticket

JACKSON HOLE, Wyo. — Ben Bernanke is a no-show. No matter. Despite the absence of the Federal Reserve chairman, this year's annual economic conference in Jackson Hole has once again proved a destination of choice for central bankers. In international...

20.25 | 0 komentar | Read More