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Arthur DeMoulas fits market basket to a T

Written By Unknown on Sabtu, 20 Juli 2013 | 18.39

Market Basket shoppers, workers and shareholders dodged a bullet Thursday when the grocery chain's board backed away from a proposal to fire CEO Arthur T. Demoulas, according to a former independent board member. "There's no question in my mind that...
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The Ticker

Demolition to make way for Millennium Tower This weekend Suffolk Constructon will demolish the remainder of a 1905 building at the corner of Franklin and Hawley streets that housed part of Filene's. This will allow developer Millennium Partners to begin...
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Wall Street shrinking tech giants’ share prices

The tech sector is fizzling as big-name companies continue to struggle on Wall Street as earnings reports come in lower than expected. Microsoft fell the most in more than four years after the company wrote off nearly $1 billion on its new tablet computer...
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Crushing on my Candy addiction

The formula for consistent social media profits has been cracked, or perhaps more accurately, crushed. Unfortunately, the solution is eating my soul. Let me back up. "Candy Crush Saga" is the most popular social media game ever, and the most addictive....
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The Ticker

Written By Unknown on Jumat, 19 Juli 2013 | 18.39

Detroit files for bankruptcy Detroit yesterday became the largest city in U.S. history to file for bankruptcy, as the state-appointed emergency manager filed for Chapter 9 protection. A number of factors — most notably steep population and tax base...
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Boston Globe bidder files suit vs. ex-partner

Two media bigs who teamed up to try to buy The Boston Globe in 2011 are now engulfed in a long and pricey breach of contract dispute, as former Time Inc. CEO Jack Griffin is suing Orange County Register publisher Aaron Kushner for up to $10 million in...
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Upscale units in Hub offer pedalling perk

Does watching the Tour de France make you want to jump on a bike? Related Companies and Zagster, a Cambridge-based company that provides bicycles, have launched a bike-sharing program, making Related Companies the first real estate company to offer...
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US tech earnings weigh on markets

LONDON — Disappointing earnings from two U.S. technology giants and renewed concerns over the growth prospects for China and Japan weighed on markets Friday despite better U.S. economic news. Stocks in Asia and Europe retreated even though Wall Street...
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The Ticker

Written By Unknown on Kamis, 18 Juli 2013 | 18.39

Bernanke soothes investors on bond buys Federal Reserve Chairman Ben Bernanke mollified investors yesterday with testimony that the central bank's $85 billion per month in bond purchases "are by no means on a preset course." Testifying before...
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Suffolk prof relishes role as ‘explorer’ at visual frontier

He used to be just Andrew Perlman, Suffolk Law professor, and he was fine with that. But for the past month, he's been Andrew Perlman, Google Glass Explorer, and nothing has been the same. There was the stranger who refused to walk in front of his...
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Eyeing Google's vision

OK Glass, I see you. The technological love-child of a smartphone and glasses with a bit of "Star Trek" mixed in, Google's Glass is the pinnacle of possibly-before-its-time, always connected, wearable technology. Its role in society and our lives is...
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Bernanke comments keep markets firm

LONDON — Stocks continued to rise Thursday after the U.S. Federal Reserve said it will extend its stimulus policies if necessary, though Chinese markets were overshadowed by uncertainty over the country's economic outlook. In prepared remarks to lawmakers...
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The Ticker

Written By Unknown on Rabu, 17 Juli 2013 | 18.39

Yahoo sales drop Yahoo reported quarterly sales that fell slightly short of both Wall Street's expectations and its own results from a year ago. Excluding revenue shared with advertising partners, Yahoo's sales came up just shy of $1.1 billion for the...
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Antarctic talks fail on apparent Russia objections

BREMERHAVEN, Germany — Facing apparent Russian objections, the countries that regulate Antarctic fishing failed Tuesday to agree on proposals to create giant marine sanctuaries in the continent's oceans. Talks in the German city of Bremerhaven ended...
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Law firm says it's suing Boeing over Asiana crash

CHICAGO — A Chicago law firm has taken steps to sue Boeing Co. on behalf of 83 people who were aboard the Asiana Airlines flight that crash-landed in San Francisco earlier this month, alleging that a malfunction of the plane's auto throttle may have...
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Markets edgy ahead of Bernanke testimony

LONDON — Markets grew more edgy in the run-up to Wednesday's testimony from U.S. Federal Reserve chairman Ben Bernanke. Stocks, which had been solid during the Asian session, started to drift lower as the European day progressed and Wall Street was...
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Asiana to sue San Francisco TV station over names

Written By Unknown on Senin, 15 Juli 2013 | 18.38

SEOUL, South Korea — Asiana announced Monday that it will sue a San Francisco TV station that it said damaged the airline's reputation by using bogus and racially offensive names for four pilots on a plane that crashed earlier this month in San Francisco....
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Stop ... India sends its last telegram

NEW DELHI — India's last telegram went out late Sunday, marking the end of a service that millions of Indians had relied on for fast communication for more than 160 years. Hundreds of people thronged the 75 telegraph offices remaining in the country...
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Markets shored up by China's 7.5 percent growth

LONDON — Relief over China's economic growth rate helped shore up the mood in financial markets Monday ahead of a raft of U.S. corporate earnings and retail sales figures. The world's second-largest economy grew 7.5 percent from a year earlier in the...
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Nissan re-launches Datsun after 30 years in India

NEW DELHI — Nissan launched a new Datsun in India on Monday, three decades after shelving the brand that helped win Western acceptance of Japanese autos. The company hopes that bringing back the brand that built its U.S. business will fuel growth in...
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Obama's gift to ESPN's Kornheiser is game of golf

Written By Unknown on Minggu, 14 Juli 2013 | 18.38

WASHINGTON — President Barack Obama's birthday gift to ESPN commentator Tony Kornheiser is a game of golf. With the president. The White House said Obama teed off Saturday with Kornheiser and Michael Wilbon, co-hosts of the sports network's "Pardon...
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Drink detectors make a stir

Three years ago, Mike Abramson was at a Boston nightclub celebrating a friend's birthday when he ordered a gin and tonic that turned out to be both impossible to remember and impossible to forget. "The next thing I recall is being shuffled over the...
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Study: Locations key to gambling success in Mass.

If Massachusetts picks the right locations for its new gaming resorts, it will pull the plug on much of the $853 million Bay State gamblers spent last year in New England states while drawing gamblers from other states, a new study says. "Where the...
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MGM, anti-casino group make final push before Springfield vote

A big-money casino and a grass-roots movement have entered full campaign mode in the days leading up to Tuesday's referendum in Springfield when residents vote on the $850 million casino proposed by MGM Resorts. Both opponents and supporters of the...
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