U.S. budget deficit $135.2B in November
The U.S. government ran a much smaller deficit through the first two months of the budget year than the same period last year, signaling further improvement in the nation's finances.
The November deficit — the gap between what the government takes in and what it spends — totaled $135.2 billion, the Treasury Department said yesterday. That's 21.4 percent lower than November 2012.
Red Sox propose 'street furniture'
The Red Sox will seek city approval next week to provide and maintain "street furniture" — illuminated retired numbers of former players — on the Yawkey Way extension from the MBTA's commuter rail station to Fenway Park.
"We hope this will enhance the experience as fans walk from the newly improved commuter rail station to the ballpark, and that the gesture helps encourage fans to use public transportation on game days and throughout the year," Red Sox spokeswoman Zineb Curran said.
Comcast Center gets new name
The concert venue in Mansfield formerly known as the Comcast Center will now be the Xfinity Center, the company said. Comcast says the name change "reflects the Xfinity brand's strong awareness and resonance with consumers."
Bids in on Schilling co.'s assets
Bidders made their final offers yesterday on the intellectual property of former Red Sox pitcher Curt Schilling's bankrupt video game company. The results of the telephone auction of 38 Studios' assets will be released in the coming days, according to Nick Jimenez, executive vice president at the Heritage Global Partners auction house.
TODAY
- Labor Department releases weekly jobless claims.
- Commerce Department releases retail sales data for November.
- The global airline industry issues its annual profit forecast and outlook for the coming year and reports on its financial condition, including what's expected to be a modest improvement in global net profits to $10.6 billion for 2013.
- Financial Planning Association of Massachusetts announced that member Daniel J. Galli, left, has been named as its president and will assume responsibilities on Jan. 1. Galli will help guide the policy and direction of the 900-member association that seeks to foster the value of financial planning and advance the profession within Massachusetts.
THE SHUFFLE
- Highland Capital Partners, a venture capital firm, announced consumer media and technology expert Walt Doyle has joined the firm as a Venture Partner in its Cambridge office.
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