Microsoft finally embraces working together

After three decades, Microsoft finally has woken up. The world's largest software maker has announced an end to its widely criticized business practice of treating its teams like separate, competing companies. CEO Steve Ballmer is unifying his many...

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Commercial rental rates shooting up

The Hub's commercial rental rates are rising, bolstered by the city's better-than-average recovery from the recession, the firm Cushman & Wakefield said during its semi-annual market update yesterday. Boston has now regained more jobs than it lost...

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The Ticker

Market gets
 Bernanke boost The stock market, which has been marching higher for a week, got extra fuel yesterday after Federal Reserve Chairman Ben Bernanke said the central bank will keep supporting the economy. The Dow Jones industrial average surged...

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Newport jazzes up condo options

Looking to escape the sweltering summer heat, but can't decide between a full service high rise and an ocean-front cottage? Well, both options are available in Rhode Island at either the Carnegie Abbey Club or the Newport Beach Club. The Carnegie Abbey...

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Startup promises more TV on campus

A startup hatched in a Harvard dorm room has just raised $6.3 million from backers, including HBO, to bring live TV to universities nationwide via the Web. "Most students don't have TVs on campus any more," Tivli CEO Christopher Thorpe said. "We make...

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BlackBerry still a pick to win

A lukewarm launch of BlackBerry's top-of-the-line smartphones and lower than expected sales numbers have left the Canadian company's investors searching for answers, but experts said it is just the start of a long rebuilding process. Speaking at the...

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$12 billion in aid for Egypt only temporary boost

CAIRO — A promise of $12 billion in aid from wealthy Arab Gulf nations would give Egypt's new military-backed leadership breathing room by paying for vital food and fuel imports. But the benefits would be only temporary, because Egypt's broken economy...

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Mass. official probing higher risk investments

BOSTON — Massachusetts Secretary William Galvin has launched an investigation into the sale of higher risk investments to seniors. Galvin said his office is looking into the sale of so-called "alternative investments" to seniors. Galvin said those...

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Oil near $105 ahead of US supplies report

BANGKOK — Oil rose to near $105 a barrel Wednesday, driven by speculation that U.S. crude stockpiles fell last week in a sign of higher demand. Benchmark crude for August delivery was up $1.12 to $104.65 a barrel at early afternoon Bangkok time in electronic...

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Senate to try again on student loan vote

WASHINGTON — Senate Democrats are trying to restore lower interest rates on student loans, a week after Congress' inaction caused those rates to double. A procedural vote is scheduled for Wednesday on a Senate measure that would return rates on subsidized...

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New Zealand, Taiwan sign free trade deal

WELLINGTON, New Zealand — New Zealand on Wednesday signed a free trade agreement with Taiwan in a deliberately low-key ceremony designed to demonstrate the South Pacific nation's fealty to its formal relations with mainland China. The location of the...

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China's June auto sales rise 9.3 percent

BEIJING — China's auto sales growth held steady in June and Japanese brands rebounded from a slump despite a credit crunch and slowing economic growth. Auto sales rose 9.3 percent over a year earlier to 1.4 million vehicles, the China Association of...

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Experts: Facebook tool threatens privacy

After six months of tests with a select group, Facebook is rolling out a new search tool to the rest of the site's U.S. users, making it easier to find people, places, photos and interests in your social circle. But the company's Graph Search could...

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Chatham Whites’ shark shirt biz shows its teeth

Cape Cod entrepreneur Justin Labdon is banking on the great white shark taking a bite out of the Black Dog as he ratchets up his Chatham Whites apparel line featuring the iconic predator. "I'm having a ball with it," said Labdon, 41, who sells Chatham...

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China's June inflation rises to 2.7 percent

BEIJING — China's inflation rose in June but was well below the government's target in a sign of weak demand amid an economic slowdown. Consumer prices rose 2.7 percent over a year earlier, up from May's 2.1 percent gain but below the 3.5 percent official...

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Newsday publisher to retire by end of the year

NEW YORK — The publisher of Newsday is retiring at the end of the year. The newspaper reports that Fred Groser said in an email to employees that he would retire effective Dec. 31. Groser said the paper's owner, Cablevision Systems Corp., would be...

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Japan moves closer to restarting nuclear reactors

TOKYO — Japan moved a step closer to restarting nuclear reactors Monday as four utility companies applied for safety inspections of 10 idled plants, the clearest sign of a return to atomic energy nearly two and a half years after the Fukushima disaster....

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Oil extends gains above $103 after US hiring jump

BANGKOK — The price of oil extended gains above $103 a barrel Monday after a stronger-than-expected jump in U.S. hiring suggested demand for fuels will increase. Benchmark crude for August delivery was up 18 cents at $103.40 at early afternoon Bangkok...

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Farmers worry about fate of immigration bills

ATWOOD, Mich. — For northern Michigan fruit grower Pat McGuire, the most potent symbol of the immigration debate isn't grainy television footage showing people slipping furtively across the U.S.-Mexican border. Instead, it's plump red cherries and crisp...

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European markets shrug off earlier retreat in Asia

LONDON — European markets recovered their poise Monday, despite an earlier sell-off in Asia, as investors shrugged off fears of an imminent scaling back of the U.S. Federal Reserve's monetary stimulus. Investors in Europe regained their footing after...

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Ex-fans line up in Mass. to dump Hernandez jersey

FOXBOROUGH, Mass. — Hundreds of one-time fans are trading in their Aaron Hernandez jerseys. The New England Patriots are letting fans trade in their No. 81 jerseys for a different one on Saturday and Sunday. The ex-Patriots tight end has been charged...

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Moms create laundry-free sheets, linens

Sure, all parents worry when they send their kids off to college for the first time. But by the end of the first semester, Kirsten Lambert and Joan Ripple discovered a very disturbing fact: College kids hate to wash their bed sheets, so they don't ......

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Flying car on a roll

Fifteen months after it created a sensation at the New York International Auto Show, Terrafugia's "flying car" will make its first airshow appearance later this month, as the Woburn company works on a next-generation prototype. The Transition is scheduled...

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Japan set to restart reactors after nuclear crisis

TOKYO — Japan is moving a step closer to restarting nuclear reactors as utilities are set to ask for safety inspections at their idled reactors, the clearest sign of a return to nuclear energy nearly two and a half years after the Fukushima disaster....

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