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Property of Hub Ponzi schemers will be sold off

Written By Unknown on Sabtu, 10 Mei 2014 | 18.39

The property of a convicted West Roxbury Ponzi schemer and his wife will be sold to recoup some of their $9.77 million in debt, the majority of which is owed to swindled clients. Steven Palladino is at MCI-Cedar Junction in Walpole after being sentenced...
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Pats’ goal: Get fans to use app while at Gillette

The New England Patriots are rolling out new digital features in a bid to entice fans who now sit on the couch at home to come sit in the stands at Gillette Stadium. "It's incumbent on us who own teams and own stadiums to make sure we're keeping it...
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Southie’s D St. to have big outdoor arts space

A no-man's-land stretch of D Street in South Boston will be transformed into an interim outdoor space that could be used for art installations, concerts, pop-up restaurants — even Major League Bocce — under a $1.1 million plan the Massachusetts Convention...
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Republicans highlight jobs bills in weekly address

WASHINGTON — House Republicans say President Barack Obama and Senate Democrats should match their focus on bills designed to promote jobs. In the weekly Republican radio and Internet address, House Republicans list more than a dozen bills that have...
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Global stocks lifted by China trade, Yellen stance

Written By Unknown on Kamis, 08 Mei 2014 | 18.38

SEOUL, South Korea — Global stock markets were mostly higher Thursday after China's trade improved and Federal Reserve Chair Janet Yellen vowed low interest rates would continue until the U.S. job market is healthy. European shares opened higher, with...
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State to detail plan to overhaul health website

BOSTON — Massachusetts health officials are set to offer more details on a plan to overhaul the state's hobbled health insurance website. On Monday, officials said they'll adopt a "dual-track" approach that calls for purchasing software powering health...
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Government says no need to park recalled GM cars

DETROIT — There's no need to tell owners of recalled General Motors small cars to stop driving them, according to U.S. Transportation Secretary Anthony Foxx. In a written response to two senators who asked for such an order, Foxx said engineers with...
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NBC extends Olympic deal through 2032 for $7.75B

The Olympics are staying on NBC in the United States through 2032 in a record $7.75 billion deal that cut out rival networks and seals the long-term financial security of the IOC. In a stunning, pre-emptive deal negotiated secretly over six months,...
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Tech jitters, Ukraine weigh on world stocks

Written By Unknown on Rabu, 07 Mei 2014 | 18.38

TOKYO — Jitters over the valuations of technology companies pulled stock prices lower from Tokyo to London on Wednesday. European shares got off to lackluster start, with Britain's FTSE 100 down 0.3 percent to 6,776.65. Germany's DAX edged down 0.1...
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Adidas may jettison Rockport

Germany's Adidas Group is entertaining walking orders for The Rockport Co. The athletic footwear company acknowledged yesterday that it has hired Guggenheim Partners to explore a possible sale of the 43-year-old, Canton-based shoe brand known for merging...
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Two top NECN news managers out

New England Cable News said two top news managers left the station yesterday. No details were provided about why news director Nannette Hobson and assistant news director Bob Keating will no longer be employed there. "We will immediately begin a nationwide...
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Siemens CEO shakes up company to raise profits

FRANKFURT, Germany — German industrial equipment maker Siemens AG is launching a sweeping restructuring to raise profits and better compete with peers such as General Electric. CEO Joe Kaeser is eliminating the sprawling company's four broad sectors...
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The Ticker

Written By Unknown on Selasa, 06 Mei 2014 | 18.39

Staples to buy PNI Framingham, Mass.-based Staples said yesterday it will pay roughly $67.5 million for Canada's PNI Digital Media, giving it control of the software maker that powers in-store kiosks to print photographs, calendars and wedding invitations....
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Bowman: Business cards say lot about you

We all meet and exchange cards at meetings, in restaurants, attending industry functions, traveling, at social events. But absently handing someone a card is a missed opportunity. The everyday practice of business card exchange is time-honored, and...
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Target CEO ouster tied to data breach, sales

Target Corp. removed 35-year company veteran Gregg Steinhafel as its CEO yesterday in the wake of last year's disastrous data breach that hit as many as 110 million customers. Analysts say the abrupt move likely also was triggered by Target's bungled...
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China tightens controls on imports of baby formula

BEIJING — China has tightened controls on imports of infant formula in a move an industry official in New Zealand, a major supplier, said might block some products. The announcement coincides with an effort by Beijing to build up its dairy industry...
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Vietnam protests Chinese oil rig in disputed sea

Written By Unknown on Senin, 05 Mei 2014 | 18.38

HANOI, Vietnam — Vietnam has protested China's decision to send an oil drilling platform to a disputed area of the South China Sea. The move by Beijing is the latest in a series of provocative actions in the waters that have raised tensions with Southeast...
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Startup targets music genre void

A local startup is hoping to break into the lucrative world of hip-hop with its new online portal, KillerBoomBox.com. The site is run by KillerBoomBox Media Group, a plucky new company that recently won a coveted spot in the Smarter in the City startup...
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China manufacturing shrinks for 4th month

HONG KONG — China's manufacturing contracted in April for the fourth straight month but the pace of decline was less severe, suggesting the downturn in the world's No. 2 economy is bottoming out. HSBC's purchasing managers' index released Monday ticked...
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China refuses Vietnam's call to stop oil drilling

HANOI, Vietnam — Vietnam demanded China stop oil drilling operations in a disputed patch of the South China Sea, saying on Monday that Beijing's decision to deploy a deep sea rig over the weekend was illegal. China dismissed the objections, saying the...
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'Orange Is the New Black' wins GLAAD Media Award

Written By Unknown on Minggu, 04 Mei 2014 | 18.38

NEW YORK — GLAAD celebrates "Orange Is the New Black." The Netflix show set in a women's prison was named outstanding comedy series at the 25th annual GLAAD Media Awards' New York ceremony. Cast members — including Laverne Cox, who won her own GLAAD...
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Thousands descend on Omaha to hear Buffett speak

OMAHA, Neb. — Warren Buffett shrugged off concerns about his Berkshire Hathaway conglomerate, which has trailed the overall market, and told shareholders Saturday to remain optimistic about his company, as well as the American economy. More than 30,000...
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Westfield State U. agog over new Google technology

WESTFIELD, Mass. — It was a futuristic sight, as about a dozen students, faculty, and community members gathered around a cluster of screens on the second floor of the Ely Library at Westfield State University late last month to behold a wonder of modern...
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Buffett says US firms prosper as economy improves

OMAHA, Neb. — Investor Warren Buffett says the U.S. economy continues to improve gradually, and he doesn't think any price "bubbles" are developing. Buffett told Berkshire Hathaway shareholders at the company's annual meeting Saturday that American...
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