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Business - BostonHerald.com

Written By Unknown on Sabtu, 08 Desember 2012 | 18.38

Business - BostonHerald.comBusiness - BostonHerald.com

http://www.bostonherald.com/business/?srvc=rss The Boston Herald online: The closest distance between you and the news en-us Copyright 2012, Herald Interactive, Inc. Sat, 08 Dec 2012 06:31:49 -0500 systems@heraldinteractive.com (Web Developers) 120 http://cache.heraldinteractive.com/images/siteImages/rss_logo.jpg http://www.bostonherald.com/business/?srvc=rss 100 48 The Boston Herald online: The closest distance between you and the news http://www.bostonherald.com/business/general/view.bg?articleid=1061180374&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180374&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180374&srvc=rss WASHINGTON - President Barack Obama said Saturday that Republicans in the House are blocking a bill that would... business Sat, 08 Dec 2012 06:19:13 -0500 http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061180305&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061180305&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061180305&srvc=rss This Melrose Victorian features lots of hand-carved woodwork that has been meticulously restored, and the home... business Sat, 08 Dec 2012 00:20:43 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180312&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180312&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180312&srvc=rss Boston lawyer Paul McDonough remembers when burlesque queen Ann Corio burst into genteel Locke-Ober to confront... business Fri, 07 Dec 2012 22:10:17 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180336&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180336&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180336&srvc=rss Supporters of the Massachusetts Iraq and Afghanistan Fallen Heroes Memorial Fund celebrated the announcement tonight... business Fri, 07 Dec 2012 21:34:26 -0500 http://www.bostonherald.com/business/automotive/view.bg?articleid=1061180304&srvc=rss http://www.bostonherald.com/business/automotive/view.bg?articleid=1061180304&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/automotive/view.bg?articleid=1061180304&srvc=rss The new Volvo S60 is a practical, sensible luxury car for those who don't need the ego boost of driving one... business Fri, 07 Dec 2012 21:29:04 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180261&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180261&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180261&srvc=rss Look for Boston Celtics forward Paul Pierce at Faneuil Hall Marketplace on Sunday. Pierce will be visiting American... business Fri, 07 Dec 2012 21:26:46 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180306&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180306&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180306&srvc=rss US Air offers merger US Airways Group Inc. has made a formal merger proposal to American Airlines parent AMR... business Fri, 07 Dec 2012 21:20:57 -0500 http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061180327&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061180327&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061180327&srvc=rss Development firm Pappas Enterprises has cashed in on the investment craze around the South Boston waterfront, selling... business Fri, 07 Dec 2012 21:16:46 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180311&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180311&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180311&srvc=rss Hurricane Sandy largely spared U.S. employment numbers last month, but one expert says the looming "fiscal cliff"... business Fri, 07 Dec 2012 21:14:19 -0500 http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180277&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180277&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180277&srvc=rss WASHINGTON - The Federal Communications Commission says the nation's four largest wireless carriers have agreed... business Fri, 07 Dec 2012 16:37:36 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180273&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180273&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180273&srvc=rss WASHINGTON - Goldman Sachs & Co. is paying $1.5 million to settle civil charges that it failed to properly supervise... business Fri, 07 Dec 2012 16:05:59 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180272&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180272&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180272&srvc=rss WASHINGTON - Reaction to the monthly jobs numbers isn't what it used to be. Friday's unemployment report - the... business Fri, 07 Dec 2012 16:04:04 -0500 http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180268&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180268&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180268&srvc=rss DALLAS - A Texas man who has described himself as a spokesman for the hacker-activist group Anonymous faces new... business Fri, 07 Dec 2012 15:37:53 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180254&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180254&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180254&srvc=rss The contents of the 137-year-old Locke-Ober restaurant hit the auction block this morning to draw a final curtain... business Fri, 07 Dec 2012 14:00:25 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180219&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180219&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180219&srvc=rss The U.S. economy has been bolstered by the addition of 146,000 jobs last month yet a drop in the unemployment... business Fri, 07 Dec 2012 13:47:46 -0500 http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180112&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180112&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180112&srvc=rss Cellist Yo-Yo Ma wowed students yesterday with a performance at Harvard's iLab and urged them to find new,... business Fri, 07 Dec 2012 13:47:26 -0500 http://www.bostonherald.com/business/automotive/view.bg?articleid=1061180249&srvc=rss http://www.bostonherald.com/business/automotive/view.bg?articleid=1061180249&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/automotive/view.bg?articleid=1061180249&srvc=rss WASHINGTON - Federal regulators are proposing automakers install event data recorders - better known as "black... business Fri, 07 Dec 2012 13:18:25 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180246&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180246&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180246&srvc=rss LONDON - Fitch Ratings has cut its debt rating on HSBC Holdings PLC, saying the risks attached to its expansion... business Fri, 07 Dec 2012 12:59:09 -0500 http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180243&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180243&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061180243&srvc=rss NEW YORK - Cisco isn't content to be the world's largest maker of computer networking gear. It says it wants to... business Fri, 07 Dec 2012 12:34:33 -0500 http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061180236&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061180236&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061180236&srvc=rss The recently renovated Riverworks complex in Watertown has signed three office leases, broker Jones Lang LaSalle... business Fri, 07 Dec 2012 11:54:31 -0500 http://www.bostonherald.com/business/media/view.bg?articleid=1061180237&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061180237&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061180237&srvc=rss CAMARILLO, Calif. - The Los Angeles television engineer who won Emmy Awards for creating helicopter news coverage... business Fri, 07 Dec 2012 11:50:23 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180225&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180225&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180225&srvc=rss NEW YORK - The stock market turned higher this morning on news that the U.S. added more jobs in November. But underneath... business Fri, 07 Dec 2012 10:28:19 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180199&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180199&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180199&srvc=rss WASHINGTON - The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the... business Fri, 07 Dec 2012 10:19:39 -0500 http://www.bostonherald.com/business/media/view.bg?articleid=1061180128&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061180128&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061180128&srvc=rss Dr. Timothy Johnson is retiring from Channel 5 - where the nationally renowned TV doctor got his small screen start... business Fri, 07 Dec 2012 09:35:38 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061180071&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180071&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061180071&srvc=rss Companies have been awarding special dividends to beat an anticipated tax hike next year, but as uncertainty about... business Fri, 07 Dec 2012 05:43:41 -0500

Business - BostonHerald.comBusiness - BostonHerald.com

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Sandy is thought to have slowed US hiring in Nov.

Written By Unknown on Jumat, 07 Desember 2012 | 18.38

WASHINGTON — Superstorm Sandy is widely thought to have slowed U.S. job growth last month. The only question is how much — an answer that's expected to emerge Friday in the government's jobs report for November.

Yet once the storm's impact is cleared away, the report may reveal that the job market is strengthening.

Many economists predict employers added fewer than 100,000 jobs last month, and some think it was fewer than 50,000. That would be far below the 171,000 created in October and normally a sign of a weak market. The unemployment rate is expected to remain 7.9 percent.

Analysts caution, though, that Sandy likely reduced the November job gains significantly. And some employers might have delayed hiring because of concerns that the economy will fall off the "fiscal cliff" next year. That's the name for tax increases and spending cuts that will take effect in January if Congress and the White House fail to reach a budget deal by then.

If not for those factors, some analysts estimate the job gains in November might have been as high as 200,000. That would represent the best month of hiring since February.

Sandy forced restaurants, retailers and other businesses to close in late October and early November in 24 states, particularly in the Northeast. Many people couldn't get to work and weren't paid. The government counts those cases as job losses, even if they are temporary. Those subtractions would reduce net hiring.

One encouraging sign is that the storm's effect is fading. Weekly applications for unemployment benefits have tumbled in the past three weeks after spiking in early November to an 18-month high of 451,000 because of Sandy.

Last week, applications fell to a seasonally adjusted 370,000. That's roughly the same level as before the storm and is consistent with moderate hiring.

Payroll provider ADP said Wednesday that businesses added 118,000 jobs in November, down from 157,000 in the previous month. Mark Zandi, chief economist at Moody's Analytics, which helps compile data for ADP, estimated that the storm lowered the job gains by about 86,000.

The payroll losses from the storm could be higher in the government's total. That's because ADP counts people as employed if they remain on a payroll — even if they're not paid. By contrast, the government counts people as employed only if they are paid.

The fiscal cliff's impact on hiring may be harder to quantify. Even if companies aren't cutting jobs because of the cliff, the uncertainty surrounding the outcome is likely delaying some hiring, economists say.

Measures of hiring fell in two surveys released this week by the Institute for Supply Management, a private trade group of purchasing managers. Some companies in the service sector told the ISM that economic uncertainty was delaying hiring.

The storm also held back consumer spending and income, which drive economic growth. Consumers spending fell 0.2 percent in October, the weakest showing since May. Incomes were flat, after rising 0.4 percent in September.

Work interruptions caused by Sandy reduced wages and salaries in October by about $18 billion at an annual rate, the government said.

The U.S. grew at a solid 2.7 percent annual rate in the July-September quarter. But many economists say growth is slowing to a 1.5 percent rate in the October-December quarter, largely because of the storm and threat of the fiscal cliff. That's not enough growth to lower the unemployment rate.

Still, many say economic growth could accelerate next year if the fiscal cliff is avoided. The economy is also expected to get a boost from efforts to rebuild in the Northeast after the storm.

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Yo-Yo Ma strikes right note

Cellist Yo-Yo Ma wowed students yesterday with a performance at Harvard's iLab and urged them to find new, collaborative ways of solving cultural problems.

"Our hope is that we will be able to find amongst all of you new thinking, new discoveries," he told students.

Ma's performance with his traveling Silk Road Ensemble, an eclectic group of musicians from across the globe, marked the launch of the Deans' Cultural Entrepreneurship Challenge, a university-wide competition encouraging students to work across majors and across colleges to develop solutions that support the arts and artists in a sustainable manner.

"Undergrads feel a lot of pressure. 'Oh, my God, I have to pay back my loans,' " Ma told the Herald after the performance. "But there are people who create their own jobs. So don't close off doors. Keep looking. If you go a little farther, you can find something incredibly worthwhile, something society hasn't moved quickly enough to help."

Nitin Nohria, dean of Harvard Business School, said the challenge was developed in partnership with Ma and his not-for-profit, the Silk Road Project, after the cellist raised the possibility of working together over dinner one night.

"Most ideas that come from electric dinners die," Nohria said. "I'm very grateful this idea didn't. It's a dream to have this interface between the arts and entrepreneurship. The world is not going to be a place we want to live in if we don't have the arts."

Diana Sorensen, dean of arts and humanities, said she hopes the competition will result in "inspired but practical" ideas for ways that artists can support themselves and still do what they love.

The challenge is one of two competitions recently announced by Harvard University. The Deans' Health and Life Sciences Challenge will kick off on Dec. 11 with a talk at the iLab by Richard Lee of the Harvard Stem Cell Institute and professor of medicine at Harvard Medical School.

Both competitions offer a grand prize of $75,000 to be awarded to the winner and runners-up to support their projects. Finalist teams selected in March and April will receive financial support to further their projects before the Demo Day, when they will showcase their work. Winners and runners-up will be selected in May.

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Dr. Timothy Johnson retires after 40 years at Ch. 5

Dr. Timothy Johnson is retiring from Channel 5 — where the nationally renowned TV doctor got his small screen start — after a 40-year run as the Boston station's award-winning medical editor that led to a slot on "Good Morning America."

"It just seemed like the right time," Johnson said yesterday, just before his WCVB-TV colleagues feted him with a farewell party.

"Forty years is a nice, round number, and I'm 76. I don't want to feel any responsibility to the daily news anymore," he said.

Johnson came to the Bay State to take a job as director of emergency services at Union Hospital in Lynn and later became a fellow at Massachusetts General Hospital.

One of his doctor friends was among the group that launched WCVB in 1972 and asked Johnson to host a new show called "House Call."

Johnson caught the eye of ABC and was invited to appear on "Good Morning America" when it debuted in 1975. He took a full-time job with ABC News in 1984. He stopped actively practicing medicine off-screen that same year.

"I loved medicine, and I loved practicing it," Johnson said. "I loved the emergency room, but I was aware that this was a wonderful way to reach out to a wide audience with information."

He was born and raised in Illinois. He wanted to be a minister but during seminary training he decided to become a doctor after seeing how they could help people "very directly."

Among the people his TV career led him to was a Boston detective dying of Lou Gehrig's disease who spoke "very movingly" about his faith. He died two weeks after Johnson interviewed him. Johnson recalled sitting in his car, "kind of crying about this man who was just a magnificent human being and clearly knew he was dying."

During his Channel 5 career, Johnson also reported on the late Sen. Edward M. Kennedy's brain cancer, interviewed former Gov. Mitt Romney and Gov. Deval Patrick about health-care reform, and sat down with medical titans and patients battling grim illnesses.

Johnson, who retired from ABC in 2010, said despite all his years on television, he never felt like a TV personality.

"I've always felt like a doctor who just happens to be on TV," said Johnson, who lives in Marblehead with his wife of nearly 50 years. "I've really always felt like I'm talking to patients, rather than doing any kind of performance."

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Investors bracing for fall

Companies have been awarding special dividends to beat an anticipated tax hike next year, but as uncertainty about the "fiscal cliff" continues, the path for the average investor is less clear.

Some financial experts say it's time to sell stocks to avoid higher capital gains taxes next year, but others advise snapping up those shares that tax-wary investors are dumping.

"There's a big cloud over all of us today because of all this uncertainty and how that will affect the stock market," said Art Ford, a certified public accountant and financial planner at Sullivan Bille in Tewksbury. "There's a concern people may lose money if they don't do something."

If Congress fails to reach an agreement by Dec. 31 on how to reduce the deficit, steep cuts in federal spending will take effect, and the Bush tax cuts will expire.

"The usual tax strategy is to defer income and accelerate deductions," said Jim Bailey, tax partner at Blum Shapiro in Rockland. "But given the fact that rates may rise next year, we've been advising clients to consider doing just the opposite."

Unless Congress acts, the capital gains tax rate, for example, will go from 15 percent to 20 percent for most filers. So someone who paid $30 for a share of a stock that's now worth $100 could sell it this year, pay 15 percent on it and buy it back next year at $100, Bailey said.

Other advisers are suggesting that clients accumulate cash in their portfolios.

"I'm not selling stocks," said Barry Armstrong, president of Armstrong Advisory Group, a Needham wealth-management firm. "The closer we get to the 21st (of December), when Congress is expected to go home, the worse it'll be for stocks."

Instead, Armstrong is buying what everybody else is selling because those stocks are cheaper now than they most likely will be next year.

Evan Dangel, senior vice president at Morgan Stanley, said the likelihood that Congress is going to reach an agreement by the end of the year is "slim to none."

"We think taxes are going to be higher next year no matter what," Dangel said.

His advice is four-fold:

• Sell some stocks to realize long-term capital gains in your portfolio because the tax rate now is only 15 percent.

• Make sure you've contributed as much as you can to your 401(k).

• For the wealthiest taxpayers, deductions for charitable donations could be curtailed next year, so accelerate any charitable giving you plan to do this year.

• The stock dividend tax rate, which is now 15 percent, will probably be higher next year. People in the highest tax bracket, for example, could end up paying more than 40 percent. So you should consider tax-free municipal bonds and invest in stocks that don't pay dividends.

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Business - BostonHerald.com

Written By Unknown on Kamis, 06 Desember 2012 | 18.38

Business - BostonHerald.comBusiness - BostonHerald.com

http://www.bostonherald.com/business/?srvc=rss The Boston Herald online: The closest distance between you and the news en-us Copyright 2012, Herald Interactive, Inc. Thu, 06 Dec 2012 06:22:50 -0500 systems@heraldinteractive.com (Web Developers) 120 http://cache.heraldinteractive.com/images/siteImages/rss_logo.jpg http://www.bostonherald.com/business/?srvc=rss 100 48 The Boston Herald online: The closest distance between you and the news http://www.bostonherald.com/business/general/view.bg?articleid=1061179846&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179846&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179846&srvc=rss Greater Boston Chamber of Commerce chief Paul Guzzi looked on the bright side of a tough economic year last night... business Thu, 06 Dec 2012 04:38:46 -0500 http://www.bostonherald.com/business/media/view.bg?articleid=1061179871&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061179871&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061179871&srvc=rss Herald staff writer John "Jocko" Connolly will be honored tonight with the George C. Carens Award for lifetime contributions to New England college football. The award,... business Thu, 06 Dec 2012 04:36:07 -0500 http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061179875&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061179875&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061179875&srvc=rss GUATEMALA CITY - Software company founder John McAfee was arrested by Guatemalan police for entering the country... business Thu, 06 Dec 2012 02:14:27 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179834&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179834&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179834&srvc=rss Economists see a light at the end of the tunnel for the Massachusetts recovery, but only if the train doesn't plunge... business Wed, 05 Dec 2012 23:39:13 -0500 http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061179831&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061179831&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061179831&srvc=rss Athenahealth will expand its headquarters by buying the Arsenal on the Charles in Watertown for $168.5 million. The... business Wed, 05 Dec 2012 23:38:29 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179816&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179816&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179816&srvc=rss A $450 stainless-steel Starbucks gift card isn't perking up local customers who say they don't plan to put the... business Wed, 05 Dec 2012 21:51:57 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179806&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179806&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179806&srvc=rss Citigroup cuts deep Citigroup said it will eliminate more than 11,000 jobs and close 84 branches as a way to... business Wed, 05 Dec 2012 21:34:40 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179681&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179681&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179681&srvc=rss Newton-based construction management firm Commodore Builders has acquired A.J. Martini Inc. of Winchester, a 60-year-old... business Wed, 05 Dec 2012 20:57:33 -0500 http://www.bostonherald.com/business/healthcare/view.bg?articleid=1061179792&srvc=rss http://www.bostonherald.com/business/healthcare/view.bg?articleid=1061179792&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/healthcare/view.bg?articleid=1061179792&srvc=rss WASHINGTON - In an effort to ease the burden of being stricken with a debilitating condition, the Social Security... business Wed, 05 Dec 2012 19:36:56 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179715&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179715&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179715&srvc=rss American Express had the "black card." Now, Starbucks has the "metal card." Java lovers with deep pockets will... business Wed, 05 Dec 2012 18:59:44 -0500 http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061179773&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061179773&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061179773&srvc=rss Athenahealth has an agreement to buy the Arsenal on the Charles development in Watertown for $168.5 million to... business Wed, 05 Dec 2012 18:59:30 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179674&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179674&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179674&srvc=rss NEW YORK - Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The... business Wed, 05 Dec 2012 18:33:49 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179772&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179772&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179772&srvc=rss A Fall River man and his company have pleaded guilty in connection with failing to pay more than $333,000 into... business Wed, 05 Dec 2012 16:58:17 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179767&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179767&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179767&srvc=rss Secretary of the Commonwealth William F. Galvin and the Massachusetts Society of Public Accountants are reminding... business Wed, 05 Dec 2012 16:37:24 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179686&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179686&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179686&srvc=rss Cambridge Savings Bank has been recognized with the Community Reinvestment Act & Fair Lending Colloquium's 2012... business Wed, 05 Dec 2012 16:36:33 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179761&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179761&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179761&srvc=rss The Massachusetts economy slammed into a speed bump in the latter half of this year, but growth will pick up slowly... business Wed, 05 Dec 2012 16:18:59 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179764&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179764&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179764&srvc=rss Oil prices fell today after the government reported that stocks of crude are still running much higher than usual... business Wed, 05 Dec 2012 15:32:30 -0500 http://www.bostonherald.com/business/media/view.bg?articleid=1061179396&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061179396&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061179396&srvc=rss NEW YORK - A homeless man was arrested today in the death of a subway rider who was pushed onto the tracks... business Wed, 05 Dec 2012 15:07:36 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179558&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179558&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179558&srvc=rss Reebok is trying to get fit. The athletic footwear brand has laid off 65 employees in Canton - about 6.5 percent... business Wed, 05 Dec 2012 15:00:40 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179758&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179758&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179758&srvc=rss DENVER - Boston Market Corp. is reporting record Thanksgiving sales this year - and it's already planning for next... business Wed, 05 Dec 2012 14:40:28 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179746&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179746&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179746&srvc=rss Suffolk Construction said today it has been picked to manage building the second phase of The Homes at Old Colony... business Wed, 05 Dec 2012 14:12:25 -0500 http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061179745&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061179745&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/technology/general/view.bg?articleid=1061179745&srvc=rss Cambridge-based AMAG Pharmaceuticals Inc. said today its new data on treatment with the company's Feraheme injection... business Wed, 05 Dec 2012 13:52:47 -0500 http://www.bostonherald.com/business/media/view.bg?articleid=1061179744&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061179744&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061179744&srvc=rss Friendly's Ice Cream has named Boston-based Regan Communications Group Inc. as its public relations agency of record. The... business Wed, 05 Dec 2012 13:51:53 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179708&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179708&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179708&srvc=rss NEW YORK - Another Starbucks may soon pop up around the corner, with the world's biggest coffee company planning... business Wed, 05 Dec 2012 13:40:25 -0500 http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061179739&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061179739&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061179739&srvc=rss Boston Private Financial Holdings Inc. has renewed its nearly 150,000-square-foot office lease at 10 Post Office... business Wed, 05 Dec 2012 13:27:46 -0500

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Danvers Co. has eye in sky

Written By Unknown on Selasa, 04 Desember 2012 | 18.38

After four years of operating in stealth mode, Danvers startup CyPhy Works emerged from the shadows this week, unveiling two unmanned aerial vehicles that soldiers and police can use for reconnaissance.

"Rather than go public with what our intentions were, we wanted to wait until we had the technology sorted out sufficiently," said Jason Walker, lead roboticist at the company, which was founded by iRobot co-founder Helen Grenier. "We wanted to make sure we had the technology working, rather than create hype around an idea."

Although unmanned aerial vehicles, or UAVs, are not uncommon, given all the U.S. military drone operations overseas, CyPhy Works' differ in that they operate via a thin strand of two copper wires that allows them to run for a virtually unlimited duration while transmitting high-definition video.

The tether also eliminates common UAV pitfalls such as wireless jamming, detection and interception by the enemy, said Frank Tobe, editor of the Robot Report, which tracks the business of robotics.

CyPhy has developed a drone duo so far:

• The Extreme Access System for Entry, or EASE, is 12 inches tall by 16 inches wide, travels horizontally and can be used for building searches, bomb detection, hostage situations, rescue operations and bridge inspections.

• The Persistent Aerial Reconnaissance and Communications, or PARC, is 55 inches in diameter and can operate in bad weather and travel vertically up to 1,000 feet in the air — far higher than a camera on a tower at a combat outpost and much less obtrusive than the kind of blimps the Army also uses.

"There's a saying in the Army that when the blimps are in the air, peace breaks out," Walker said. "To the extent that we can be in the air more often and without the enemy seeing us, hopefully peace will break out a lot more often."

Although he declined to say how much either device costs, the PARC also would be a less costly alternative to using helicopters for long periods of time to cover events like last month's collision on the Green Line, he said.

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Times reportedly seeks to cut 30 from newsroom

The news staff of The New York Times [NYT], owner of the Boston Globe, were asked yesterday to make additional cuts in their ranks through buyouts or face layoffs, news reports said.

"The economic environment has grown more difficult in the second half of the year, and I must reduce costs in the newsroom," the website Mashable Business quoted Times Executive Editor Jill Abramson from a memo she sent to the newsroom yesterday morning. "There is no getting around the hard news that the size of the newsroom staff must be reduced."

The memo indicated the Times is offering buyouts to newsroom employees, seeking to eliminate a total of 30 jobs to save money in the face of continuing declines in advertising or face layoffs.

"Although The New York Times Co.'s digital subscriptions business continues to grow at a healthy pace, it's not enough to offset year-over-year declines in advertising at its three big papers, The New York Times, The Boston Globe and The International Herald Tribune," wrote Mashable Business reporter Lauren Indvik.

Despite the New York Times Co.'s continued success with its online paywall, advertising revenue is still falling, Adweek writer Emma Bazilian reported.

The most recent round of newsroom buyouts came in the fall of 2011 when about 20 news staffers accepted severance packages. In 2008 and 2009, the Times eliminated about 100 news jobs in each year.

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Wellesley College joins online education venture

Anyone with an Internet connection will be able to take free classes at Wellesley College next fall. The women's liberal arts college outside Boston will offer free online classes through the nonprofit venture edX.

Harvard University and Massachusetts Institute of Technology teamed up to fund and launch edX this year.

Massive online open courses, known as MOOCs, that are available now include computer science and chemistry courses.

Edx officials say Wellesley will diversify the venture's offerings by adding liberal arts courses.

Wellesley officials say the partnership is a way to educate students around the world.

Edx students can't currently earn college credits or degrees by participating.

More than 300,000 students signed up for fall courses, with students coming from nearly 200 countries.

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Saudi group sells majority stake in NY's Plaza

RIYADH, Saudi Arabia — The investment firm headed by Saudi billionaire Prince Alwaleed bin Talal says it has sold a majority stake in The Plaza Hotel in New York to a major Indian real estate conglomerate in a $575 million deal.

Kingdom Holding Co. says it will retain 25 percent equity ownership in the landmark hotel, now controlled by a group led by Sahara India Pariwar. A statement Tuesday said Kingdom Holding made $32.9 million profit on the deal.

The 115-year-old Plaza has 282 hotel rooms as well as condominium units and retail space.

Kingdom Holding is a major shareholder in Citigroup and holds stakes in other companies, including News Corp. [NWS], Apple Inc. and Twitter.

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Business - BostonHerald.com

Written By Unknown on Senin, 03 Desember 2012 | 18.38

Business - BostonHerald.comBusiness - BostonHerald.com

http://www.bostonherald.com/business/?srvc=rss The Boston Herald online: The closest distance between you and the news en-us Copyright 2012, Herald Interactive, Inc. Mon, 03 Dec 2012 06:33:55 -0500 systems@heraldinteractive.com (Web Developers) 120 http://cache.heraldinteractive.com/images/siteImages/rss_logo.jpg http://www.bostonherald.com/business/?srvc=rss 100 48 The Boston Herald online: The closest distance between you and the news http://www.bostonherald.com/business/general/view.bg?articleid=1061179020&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179020&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179020&srvc=rss A new report is showing just how tough it is for young people to find jobs these days. In Massachusetts, nearly... business Mon, 03 Dec 2012 01:18:29 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061179015&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179015&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061179015&srvc=rss BANGKOK - Asian stock markets rose Monday after surveys showed a recovery in China's manufacturing gained momentum... business Sun, 02 Dec 2012 22:16:51 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178976&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178976&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178976&srvc=rss The impact of Hurricane Sandy and fiscal cliff talks will provide the backdrop to economic data to be released... business Sun, 02 Dec 2012 21:19:41 -0500 http://www.bostonherald.com/business/technology/reviews/view.bg?articleid=1061178960&srvc=rss http://www.bostonherald.com/business/technology/reviews/view.bg?articleid=1061178960&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/technology/reviews/view.bg?articleid=1061178960&srvc=rss Smartphones and tablets can do just about anything these days - except deliver truly good sound. So this holiday... business Sun, 02 Dec 2012 21:18:44 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178977&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178977&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178977&srvc=rss The unemployment rate among young adults in the state has more than doubled over the past decade, leaving nearly... business Sun, 02 Dec 2012 21:09:34 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178962&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178962&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178962&srvc=rss Macy's Nov. sales dip Macy's Inc. said its sales at stores opened at least a year slipped 0.7 percent in November... business Sun, 02 Dec 2012 21:05:54 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178927&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178927&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178927&srvc=rss Manufacturing in Massachusetts faces a threat to its survival as older manufacturing workers retire without younger... business Sun, 02 Dec 2012 17:56:14 -0500 http://www.bostonherald.com/business/healthcare/view.bg?articleid=1061178845&srvc=rss http://www.bostonherald.com/business/healthcare/view.bg?articleid=1061178845&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/healthcare/view.bg?articleid=1061178845&srvc=rss WASHINGTON - It's health care brinksmanship, with hundreds of billions of dollars and the well-being of millions... business Sun, 02 Dec 2012 14:09:34 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178898&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178898&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178898&srvc=rss WASHINGTON - The amount of heat-trapping pollution the world spewed rose again last year by 3 percent. So scientists... business Sun, 02 Dec 2012 13:12:03 -0500 http://www.bostonherald.com/business/media/view.bg?articleid=1061178770&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061178770&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061178770&srvc=rss Hub ad agency Hill Holliday has learned its lesson: Business and politics - especially Beacon Hill politics - don't... business Sun, 02 Dec 2012 12:28:58 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178779&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178779&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178779&srvc=rss Stadium Holdings has a lot to cheer about. The operator of Stadium Sports Bar & Grills in South Boston, Quincy... business Sun, 02 Dec 2012 12:28:40 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178884&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178884&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178884&srvc=rss PORTLAND, Maine - Regulators say the Gulf of Maine shrimp population is in such poor shape that the upcoming shrimp-fishing... business Sun, 02 Dec 2012 12:01:29 -0500 http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061178852&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061178852&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/real_estate/view.bg?articleid=1061178852&srvc=rss WASHINGTON - What would happen to home values in the event that popular real estate deductions for mortgage interest... business Sun, 02 Dec 2012 09:37:43 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178851&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178851&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178851&srvc=rss WASHINGTON - President Obama is ready for difficult concessions to reach a deficit deal, but GOP lawmakers must... business Sun, 02 Dec 2012 09:14:18 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178831&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178831&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178831&srvc=rss BEIJING - China has approved a proposal by auto parts conglomerate Wanxiang Group Corp. to purchase the assets... business Sun, 02 Dec 2012 06:10:08 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178729&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178729&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178729&srvc=rss Entering multiple competitions for money and exposure is a strategy that's paying off for some startups, but it... business Sat, 01 Dec 2012 21:33:28 -0500 http://www.bostonherald.com/business/automotive/view.bg?articleid=1061178774&srvc=rss http://www.bostonherald.com/business/automotive/view.bg?articleid=1061178774&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/automotive/view.bg?articleid=1061178774&srvc=rss I have a 2003 Chevrolet Suburban 1500 5.3-liter 4x4, which I bought new and has served me well for 235,000 miles.... business Sat, 01 Dec 2012 21:23:44 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178732&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178732&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178732&srvc=rss Time-shifting trend A new survey finds that digital video recorders are now in more than half of all U.S. homes... business Sat, 01 Dec 2012 21:05:00 -0500 http://www.bostonherald.com/business/healthcare/view.bg?articleid=1061178718&srvc=rss http://www.bostonherald.com/business/healthcare/view.bg?articleid=1061178718&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/healthcare/view.bg?articleid=1061178718&srvc=rss CHICAGO - The now familiar term "Asperger's disorder" is being dropped. And abnormally bad and frequent temper... business Sat, 01 Dec 2012 19:49:31 -0500 http://www.bostonherald.com/business/media/view.bg?articleid=1061178699&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061178699&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/media/view.bg?articleid=1061178699&srvc=rss NEW YORK - Media conglomerate News Corp. is set to appoint Robert Thomson, a veteran journalist and the managing... business Sat, 01 Dec 2012 16:02:42 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178696&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178696&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178696&srvc=rss NEW YORK - Bank of America is postponing an increase in monthly fees for checking accounts, according to a report... business Sat, 01 Dec 2012 15:56:42 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178691&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178691&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178691&srvc=rss PROVIDENCE, R.I. - A political scientist and deputy dean at the Massachusetts Institute of Technology has been... business Sat, 01 Dec 2012 15:21:33 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178567&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178567&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178567&srvc=rss Staples is getting into the three-dimensional printing business. The Framingham office products retailer has... business Sat, 01 Dec 2012 12:42:15 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178657&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178657&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178657&srvc=rss Several New England college students have received research fellowships from the U.S. Environmental Protection... business Sat, 01 Dec 2012 10:14:44 -0500 http://www.bostonherald.com/business/general/view.bg?articleid=1061178572&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178572&format=comments#CommentsArea&srvc=rss http://www.bostonherald.com/business/general/view.bg?articleid=1061178572&srvc=rss A Cambridge real estate developer's bet on an Everett industrial site could pay off big if Las Vegas tycoon Steve... business Sat, 01 Dec 2012 09:14:05 -0500

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