Dow gets ‘emotional’ boost on possible deal

As Washington moved closer to a deal on lifting the debt ceiling and ending the shutdown, stocks rose yesterday to their highest level since September, but that was an "emotional reaction" and it's too soon to assume the government can avoid a default,...

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Facebook, Google hit on changes

Privacy advocates were dealt a one-two punch as Google announced plans to sell some of its users' information for use in ads, and Facebook said it's removing the privacy setting for Timeline searches. Google yesterday said beginning Nov. 11, some of...

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Building company owes $37G for wage, payroll violations

A construction company building a high-profile South Boston apartment building was fined $12,000 yesterday by the attorney general's office for a variety of unpaid wages and payroll violations. J.R. Construction & Drywall of Fall River — hired to...

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History comes alive in Salem

This elegant single ­family in Salem's beautiful ­McIntire Historic District is on Chestnut Street, itself a National Historic Landmark lined with grand ­antique homes. This area of 407 homes and carriage houses is named after Salem architect Samuel...

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The Ticker

Raytheon wins big defense contract Raytheon Co. beat out Lockheed Martin Corp. and Northrop Grumman Corp. for a contract that could be worth as much as $1.6 billion to design and build air and missile defense radars for the Navy's newest DDG-51...

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Providence offers buyers more home for the money

Providence is a small-town city with a lively culture and arts scene that has a lot to offer less than an hour from Boston. Institutions of higher learning, including Brown University, the Rhode Island School of Design and Johnson & Wales, give...

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The Ticker

Gov OKs construction of Salem power plant The Patrick administration has signed off on construction of a new 692-megawatt gas-fired power plant on the site of the existing Salem Harbor Station. The facility is expected to be one of the most efficient...

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Markets soar on move to spending deal

The possibility of a deal to avert a government default sent stocks soaring yesterday, as President Obama and congressional Republicans met at the White House, capping an up-and-down day that saw Republicans floating a compromise the president appeared...

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Jury: Toyota not liable for death of Calif. woman

LOS ANGELES — A verdict clearing Toyota Motor Corp. in the death of a California woman whose 2006 Camry apparently accelerated despite her efforts to stop could bode well for the Japanese automaker as it faces similar cases. Jurors deliberated for about...

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US debt ceiling hopes shore up markets again

LONDON — Indications that a deal to increase the U.S. debt ceiling may be imminent shored up markets once again on Friday. Stocks have rallied over the past day or so amid signs that the White House and Republicans in Congress were inching toward a...

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North End Segway tour co. rolls into bankruptcy

A Segway tour operator that's repeatedly run afoul of the city and racked up $200,000 in fines has filed for Chapter 11 bankruptcy protection. Boston by Segway wants to remain at its North End location, even as the city has said it must move by Dec....

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Gear needs to watch out for the competition

Samsung's new Galaxy Gear — the latest entrant to the nascent smartwatch wars — is a big win. Not for Samsung — but for its chief rival, Apple. That's because the Gear, debuting at $299 with a variety of color options, is just good enough to pique...

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Asia stocks mixed as US budget deadlock drags on

BANGKOK — Asian stock markets were mixed Thursday as a partial shutdown of the U.S. government dragged on and the threat of a possible default on its debt increased. Many investors remained on the sidelines ahead of expected testimony by U.S. Treasury...

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Markets perk up on US debt ceiling hopes

LONDON — Financial markets were decidedly perkier Thursday as President Barack Obama prepared to meet with top Republican leaders in an effort to bring an end to the budget impasse that has gripped Washington over the past few weeks. With the partial...

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US jobless claims jump to 374,000 due to backlog

WASHINGTON — The number of people applying for U.S. unemployment benefits jumped by 66,000 last week to a seasonally adjusted 374,000. But the spike was largely because California processed a huge backlog of claims and the partial government shutdown...

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Fed now unlikely to slow bond buying before 2014

WASHINGTON — The Federal Reserve's decision last month to maintain the size of its economic stimulus was a shocker. Just about everyone expected a pullback in its bond purchases, which have helped keep loan rates low. And now? Thanks to the government's...

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Budget clash intensifies amid hints of short truce

WASHINGTON — President Barack Obama and House Speaker John Boehner are increasing the pressure on each other to bend in their deadlock over the federal debt limit and the partial government shutdown. Even as they do, there are hints they might consider...

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NYC menu offers something new: Silence

NEW YORK — The latest in New York City dining? Eating in silence. A restaurant in Brooklyn's trendy Greenpoint neighborhood is serving up a four-course meal of organic, locally-sourced food, but isn't allowing any chit-chat. 'Eat' restaurant chef Nicholas...

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Futures rise ahead of Yellen nomination to Fed

NEW YORK — Stock futures are higher with President Barack Obama set to nominate Janet Yellen to head the Federal Reserve. Dow Jones industrial futures are up 35 points to 14,749. S&P futures have gained 4.9 points to 1,655.30. Nasdaq futures are...

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Jos. A. Bank offers $2.3B deal for Men's Wearhouse

HAMPSTEAD, MD. — Jos. A. Bank Clothiers has proposed to buy rival retailer Men's Wearhouse in a $2.3 billion acquisition that would pair two retailers dealing with slumping earnings. The Hampstead, Md., company said Wednesday it has offered to pay $48...

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EU Parliament approves tough new tobacco rules

BRUSSELS — European lawmakers approved sweeping new regulations governing the multi-billion dollar tobacco market on Tuesday, including limits on electronic cigarettes, bigger warnings on cigarette packs and a ban on menthol and other flavorings in a...

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US adults score below average on worldwide test

WASHINGTON — It's long been known that America's school kids haven't measured well compared with international peers. Now, there's a new twist: Adults don't either. In math, reading and problem-solving using technology — all skills considered critical...

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A look at the winners of Nobel Prize in physics

WHO WON? Peter Higgs, 84, emeritus professor of theoretical physics at the University of Edinburgh, Britain, and Francois Englert, 80, professor emeritus of theoretical physics at the Universite Libre de Bruxelles, Belgium. FOR WHAT? For proposing...

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JC Penney anticipates ample year-end liquidity

PLANO, Texas — J.C. Penney, which has faced concerns it is burning through cash, still anticipates having ample liquidity at year's end. The struggling department store operator also said a key revenue figure fell 4 percent in fiscal September from...

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Yahoo's email becomes more like Gmail in redesign

SAN FRANCISCO — Yahoo's free email service is becoming a bit more like Google's Gmail as part of its second makeover in less than a year. The similarities to Gmail probably aren't coincidental. Yahoo CEO Marissa Mayer helped design some of Gmail's features...

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Shutdown spawns vacuum in farm market information

WICHITA, Kan. — When Tim Peterson finished planting his 900 acres of winter wheat last week, the usually market-savvy Kansas farmer unexpectedly found himself struggling to make critical marketing decisions without being able to access to vital agricultural...

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Ethical issues as scientists peek into baby genes

WASHINGTON — Little Amelia Sloan is a pioneer: Shortly after her birth, scientists took drops of the healthy baby's blood to map her genetic code. Amelia is part of a large research project outside the nation's capital that is decoding the DNA of hundreds...

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NY probes rights sold to 'World Trade Center'

ALBANY, N.Y. — New York is expanding its probe nationwide into the 1980s sale of the rights to the name "World Trade Center" to a nonprofit for $10, resulting in millions of dollars in fees for use of the name in 28 states, according to an official familiar...

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Futures fall sharply over stalemate in Washington

NEW YORK — Stock futures are falling sharply as the U.S. government heads into the second week of a partial shutdown with no signs of a budget agreement in sight. Dow Jones industrial futures are down 125 points to 14,873. S&P futures have lost...

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A look at the winners of Nobel Prize for medicine

WHO WON? Americans James E. Rothman, 62, professor of biomedical sciences at Yale University; Randy W. Schekman, 64, professor of cell and developmental biology at the University of California, Berkeley; and German-born Thomas C. Sudhof, 57, professor...

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Sustaining local seafood

The New England Aquarium has been helping Gorton's put added weight behind its familiar "Trust the Gorton's Fishermen" advertising jingle. This is the fifth year of a sustainable seafood partnership between the aquarium and the 164-year-old Gloucester...

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BlackBerry faces class action shareholder lawsuit

TORONTO — A class action lawsuit has been filed against BlackBerry by a shareholder claiming the company misled investors about its future, including how the BlackBerry 10 smartphone line would fare against competitors. The lawsuit seeks to represent...

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Egypt journalist gets 6-month suspended sentence

CAIRO — An Egyptian military court released an award-winning journalist Saturday after giving him a six-month suspended sentence for endangering national security by spreading false information in his coverage of operations against Islamic militants...

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Co. calculates need for iPad textbooks

It took a single semester of teaching freshmen physics at Harvard three years ago to convince Zachary Wissner-Gross that lectures — and the leading online learning programs that emulate them — are often the least effective way to teach. "They all have...

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Gov't work loses cachet for some

WASHINGTON — There was a time when being a federal employee meant a steady paycheck, great benefits and pride in serving the country. But today, many federal workers are frustrated, anxious and tired of being pawns in the political struggle over government...

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