Victorian in Brookline a labor of love

Imagine spending almost three years turning a historic Victorian into a showpiece and then having to sell your dream house. That's what happened to the owners of 11 Chestnut Place in Brookline, an 1855-built Italianate Victorian that they transformed...

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The Ticker

Registry to hold plate
lottery in new branch MassDOT Registrar of Motor Vehicles Celia J. Blue announced the annual low number license plate lottery drawing will be held on Sept. 10 from 4:30 p.m. to 6 p.m. at the RMV's soon-to-open branch at 136 Blackstone...

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Chinese e-commerce rivals challenge Alibaba

BEIJING — China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering. The three companies said they...

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Massachusetts to offer two-month tax amnesty

BOSTON — The Massachusetts Department of Revenue has announced a two-month amnesty program designed to encourage the payment of delinquent taxes by individuals and businesses. The amnesty program will run from Sept. 1 through Oct. 31. It applies to...

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The Ticker

Cape Wind foes file federal appeal in suit A Cape Cod town and other local opponents of the Cape Wind energy project are seeking another chance to block the long-planned $2.6 billion offshore facility. The town of Barnstable, the Alliance to Protect...

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Asian stocks post cautious gains, Qantas surges

TOKYO — Asian stock markets were mostly higher Thursday but gains were muted ahead of U.S. economic data and possible policy announcements from Japan. KEEPING SCORE: The Nikkei 225, the benchmark for the Tokyo Stock Exchange, inched down 0.5 percent...

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Herald’s James DeSalvo promoted

Boston Herald President and Publisher Patrick J. Purcell has announced the promotion of James DeSalvo to vice president of circulation at the newspaper. "Jimmy is a smart guy who knows the business of circulation very well," Purcell said. "He understands...

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China's Alibaba sees profits rise steeply

HONG KONG -- Profits at Alibaba, the Chinese e-commerce giant, tripled in the most recent quarter. In a regulatory filing in the U.S., where the company expects to launch its IPO next month, Alibaba said that profits in the second quarter, the three...

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BHA to replace tower’s decrepit elevators

The Boston Housing Authority, after being told by the Herald of repeated complaints about two chronically malfunctioning elevators that have trapped seniors and disabled people living in a 20-story Egleston Square building, said yesterday it would move...

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Boston kiosks to aid permit process for small businesses

Boston is continuing its push to make it easier for small businesses to navigate the city's complex permitting and licensing system by installing digital kiosks at several Hub agencies where owners can find help. Business owners can use the kiosks to...

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Europe shares ease, Asia higher after S&P record

TOKYO — Global shares were mixed Wednesday after the latest record close for the Standard & Poor's 500, with Europe off to a shaky start despite a strong day in Asia. KEEPING SCORE: In Europe, Germany's DAX fell 0.2 percent to 9,573.65 and France's...

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Sales at gun maker Smith & Wesson down

SPRINGFIELD, Mass. — Smith & Wesson is reporting lower sales for the most recent quarter due mostly to falling demand for rifles. The Springfield-based gun maker announced that sales for the quarter were $131.9 million, a decrease of $39.2 million...

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The Ticker

Fore River power plant purchased for $530M Houston-based Calpine Corp. announced yesterday that it has agreed to purchase North Weymouth's Fore River Generating Station and related power plant inventory from Exelon Corp. for $530 million. Built in 2003,...

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S&P 500 index briefly crosses 2,000 for first time

U.S. stocks rose yesterday, briefly sending the Standard & Poor's 500 Index above 2,000 for the first time ever, as corporate deal-making and prospects for economic stimulus in Europe bolstered confidence in the bull market. The S&P 500 rallied
0.5...

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James Hook & Co. lines up development

A developer representing James Hook & Co. is expected to present plans this fall to convert the Boston seafood retailer/wholesaler's site — a key underdeveloped waterfront parcel — into new residences or a hotel, according to sources familiar with...

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US credit card late payments down in 2Q

LOS ANGELES — Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-perfect credit. Credit reporting agency TransUnion says the rate of U.S. credit card...

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Whisky's worries mirror economic fears in Scotland

ISLAY, Scotland — Carl Reavey plunged his nose into the glass, inhaled the amber liquid's scent, then sipped. Slowly. It's said that Scotch tastes of the place where it is made, so Reavey's Bruichladdich Black Art single malt would offer a touch of...

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Mimicking the airlines, hotels get fee-happy

NEW YORK — Forget bad weather, traffic jams and kids asking, "Are we there yet?" The real headache for many travelers is a quickly-growing list of hotel surcharges, even for items they never use. Guaranteeing two queen beds or one king bed will cost...

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LG bets on pricey OLED technology as future of TVs

SEOUL, South Korea — LG Electronics Inc. announced two new giant OLED TVs with ultra-high definition screens Monday, sticking with its strategy of using the exceptionally expensive OLED display technology. The South Korean company said it will ship...

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Burger King in talks to buy Tim Hortons

MIAMI — Burger King is in talks to buy Tim Hortons in hopes of creating a new, publicly traded company with its headquarters in Canada. With a new base in Canada, Burger King, now based in Miami, could shave its U.S. tax bill. Tax inversions have become...

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Redesigning for hip tenants

Boston's architecture sector has rebounded with a vengeance after the housing bubble burst in 2008, and one firm — using a unique business model focused on younger, hip tenants — has grown exponentially and continues to pick up big-name projects. CBT...

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11-story Albany hotel demolished amid fireworks

ALBANY, N.Y. — An 11-story hotel dating to the 1920s was demolished Saturday to make way for a new $66 million convention center in New York's capital. Fireworks exploded and crowds cheered as the Wellington Hotel Annex disappeared into a cloud of beige...

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Watertown publisher cooks up mag with kid-friendly recipes

Five years ago, cookbook writer Sally Sampson was sick of hearing that the obesity epidemic was being fueled by a culture in which fast food was cheaper to buy than healthy food cooked at home. So she decided to try a little experiment: She assembled...

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Charter Communications reports Internet outage

STAMFORD, Conn. — Charter Communications Inc. said late Saturday that the company was aware of some customers experiencing Internet outages across its service area. Charter spokeswoman Kim Haas says the company is working to restore service and says...

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