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Business & Money

Judge nixes Partners hospital merger deal

Thursday, January 29, 2015

BOSTON — A high-profile deal that would have allowed Partners HealthCare to merge with South Shore Hospital has collapsed. Suffolk Superior Court Judge Janet Sanders on Thursday rejected the agreement that Partners worked out with former Attorney General Martha Coakley to allow the merger, which would have also let Partners acquire Hallmark Health Systems, which owns Lawrence Memorial Hospital in Medford and Melrose-Wakefield Hospital. Attorney General Maura Healey, sworn into …

Earnings, job news give stocks a lift

Thursday, January 29, 2015

After a shaky start, U.S. stocks rebounded Thursday, snapping a two-day losing streak. Investors welcomed better-than-expected quarterly results from several companies, including Ford, Coach and Harley-Davidson. Homebuilder stocks surged. Even energy stocks, which were down most of the day, recovered in concert with a slight uptick in oil prices. Benchmark U.S. crude oil …

Feds sell offshore wind power leases

Thursday, January 29, 2015

BOSTON — U.S. officials on Thursday auctioned off leases to more than 550 square miles of federal waters off the Massachusetts coast to two companies hoping to develop wind energy projects. The two parcels were among four up for lease by the Interior Department. The two other parcels didn’t receive bids. The winning …

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Daily Deals debuts Tuesday on GazetteNET
  • CAROL LOLLIS
left, Avital Carlis administrative director of the cancer center and Mark Novotny, Vice president Medical Affairs and Chief Medical Officer, talk about the new Mass General Cancer Center at Cooley Dickinson.

    CAROL LOLLIS left, Avital Carlis administrative director of the cancer center and Mark Novotny, Vice president Medical Affairs and Chief Medical Officer, talk about the new Mass General Cancer Center at Cooley Dickinson. Purchase photo reprints »

  • KEVIN GUTTING
Jim Perot plays fetch with his four-year-old cockapoo Honey during their daily walk around their North Amherst neighborhood.

    KEVIN GUTTING Jim Perot plays fetch with his four-year-old cockapoo Honey during their daily walk around their North Amherst neighborhood. Purchase photo reprints »

  • KEVIN GUTTING
Smith College Campus School students Sylvia Rhodes, from left, Saenger Breon and Leah Neuburger rehearse with the chorus.

    KEVIN GUTTING Smith College Campus School students Sylvia Rhodes, from left, Saenger Breon and Leah Neuburger rehearse with the chorus. Purchase photo reprints »

  • JERREY ROBERTS
Haymarket Cafe, one of few downtown Northampton businesses open Tuesday due to the snowstorm, was a popular haven.

    JERREY ROBERTS Haymarket Cafe, one of few downtown Northampton businesses open Tuesday due to the snowstorm, was a popular haven. Purchase photo reprints »

  • MATT BURKHARTT
Lisa Leong of Williamsburg shovels the sidewalk in front of her home on North Main Street Tuesday January 27. Daytime accumulation of snow is estimated at 3 to 7 inches.

    MATT BURKHARTT Lisa Leong of Williamsburg shovels the sidewalk in front of her home on North Main Street Tuesday January 27. Daytime accumulation of snow is estimated at 3 to 7 inches. Purchase photo reprints »

  • KEVIN GUTTING
Christopher Montanez, left, 6, Joe Beaulieu and Miriam Rosas, all of Chicopee, talk Tuesday morning about their overnight stay at the Red Cross emergency shelter at Smith Vocational and Agricultural High School.

    KEVIN GUTTING Christopher Montanez, left, 6, Joe Beaulieu and Miriam Rosas, all of Chicopee, talk Tuesday morning about their overnight stay at the Red Cross emergency shelter at Smith Vocational and Agricultural High School. Purchase photo reprints »

Area firewood dealers holding prices down despite limited supply

Thursday, January 29, 2015

Pioneer Valley residents looking for firewood this late in the season may find it in short supply — but at least they aren’t encountering the staggeringly high prices faced by Boston-area consumers. Stephen Holt, a logger from Westhampton, …

Stocks fall sharply on Fed news

Wednesday, January 28, 2015

Investors struggled to figure out a barrage of signals from the Federal Reserve, oil markets and Corporate America Wednesday, and stocks fell sharply for second straight day. The Federal Reserve issued its first policy statement of the year, …

Denver airport bans pot-themed souvenirs

Wednesday, January 28, 2015

DENVER — Tourists who fly to Colorado, home of legal pot, can forget about buying souvenir boxer shorts, socks or sandals with a marijuana leaf on them when passing through the Denver airport. The airport has banned pot-themed …

USDA revises maple syrup grading

Wednesday, January 28, 2015

MONTPELIER, Vt. — Grading standards for maple syrup have been revised to match international standards, the U.S. Department of Agriculture said Wednesday, and now consumers can have a better understanding of what topping they’re buying. The revisions to …

Thomas Paine Day celebration in Amherst features forum on labor issues

Tuesday, January 27, 2015

AMHERST — A labor forum focused on the living wage, equal pay for equal work and the growing gap between high- and low-income earners will be held Saturday afternoon at the Jones Library. The annual Thomas Paine Day Celebration starts at 1 p.m. in the library at 43 …

Stocks plunge on large firms’ weak earnings

Tuesday, January 27, 2015

U.S. stocks slumped Tuesday after some of the market’s largest companies reported disappointing earnings, taking investors on a turbulent ride that deepened the losses for the year. The companies that rattled the market included Microsoft, Caterpillar and Procter …

Yahoo sells Alibaba stake

Tuesday, January 27, 2015

SAN FRANCISCO — Yahoo CEO Marissa Mayer is spinning off the company’s $39 billion stake in China’s Alibaba Group Holding in a move that wards off a potential shareholder rebellion. The highly anticipated decision announced Tuesday will enable …

US may lease drilling sites in Atlantic

Tuesday, January 27, 2015

WASHINGTON — The Obama administration floated a plan Tuesday that for the first time would open up a broad swath of the Atlantic Coast to drilling, even as it moved to restrict drilling indefinitely in environmentally-sensitive areas off Alaska. The proposal envisions auctioning areas located more than 50 …

S&P lowers Russia’s credit rating

Monday, January 26, 2015

LONDON (AP) — Standard & Poor’s rating agency on Monday downgraded Russia’s credit grade by one notch to junk status, citing a weakened economic outlook. The agency dropped the rating to BB+ from BBB- as it sees the …

Police want popular tracking app disabled

Monday, January 26, 2015

WASHINGTON — Law enforcement is concerned that the popular Waze mobile traffic app by Google Inc., which provides real-time road conditions, can also be used to hunt and harm police. Waze is a combination of GPS navigation and …