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Business & Money

Chrysler gives in to government, expands air bag recall

Saturday, December 20, 2014

DETROIT — After resisting for nearly a month, Chrysler has bowed to government demands and will expand a recall of driver’s side air bag inflators across the nation. The automaker said Friday that it will recall nearly 2.9 million older cars and trucks in the U.S., as demanded by the National Highway Traffic Safety Administration. The vehicles have driver’s air bags equipped with inflators made by Japan’s Takata Corp. that …

US stocks close big two-day rally

Friday, December 19, 2014

NEW YORK — Oil and gas companies led the stock market up Friday, helping the Standard & Poor’s 500 index notch its second-best week this year. With little news to give them direction, traders continued to push indexes higher. That extended a rally from Wednesday when the Federal Reserve said it was in …

Obama faults Sony decision to cancel ‘Interview’ release

Friday, December 19, 2014

WASHINGTON — President Barack Obama criticized Sony Pictures Entertainment on Friday for retreating on a film that seemingly instigated a devastating cyberattack now blamed on the North Korean government. Amid escalating concerns over porous U.S. electronic security, the FBI said it had amassed evidence linking North Korea to the massive hack. Obama denounced the cross-border assault even as he said Sony “made a …

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  • JERREY ROBERTS
Tim Brennan stands near Union Station in Northampton Thursday where a train platform is being built.

    JERREY ROBERTS Tim Brennan stands near Union Station in Northampton Thursday where a train platform is being built. Purchase photo reprints »

  • YOSHITAKA HAMADA
the signage of the Wanczyk Evergreen Nursery and Christmas trees are seen in Hadley, Friday, Dec. 19, 2014.

    YOSHITAKA HAMADA the signage of the Wanczyk Evergreen Nursery and Christmas trees are seen in Hadley, Friday, Dec. 19, 2014. Purchase photo reprints »

  • YOSHITAKA HAMADA
(L-R) Gerard Peters, of Easthampton, Tricia Dandrea and Matthew Watkins, of Leeds, laugh as they have a conversation during a holiday luncheon hosted by National Honor Society at the Oliver Smith Restaurant at the Smith Vocational and Agricultural High School Thursday, Dec. 11, 2014.

    YOSHITAKA HAMADA (L-R) Gerard Peters, of Easthampton, Tricia Dandrea and Matthew Watkins, of Leeds, laugh as they have a conversation during a holiday luncheon hosted by National Honor Society at the Oliver Smith Restaurant at the Smith Vocational and Agricultural High School Thursday, Dec. 11, 2014. Purchase photo reprints »

  • YOSHITAKA HAMADA
Construction workers build a train platform for an Amtrak service that starts Dec. 29 at the Union Station Tuesday, Dec. 16, 2014.

    YOSHITAKA HAMADA Construction workers build a train platform for an Amtrak service that starts Dec. 29 at the Union Station Tuesday, Dec. 16, 2014. Purchase photo reprints »

  • JERREY ROBERTS
John Pastorello, of South Hadley, changes a fuse amid his Christmas Light display Monday in the backyard of his home that faces McKinley Avenue.

    JERREY ROBERTS John Pastorello, of South Hadley, changes a fuse amid his Christmas Light display Monday in the backyard of his home that faces McKinley Avenue. Purchase photo reprints »

  • CAROL LOLLIS
Crosswalk of Henshaw and Elm in Northampton.

    CAROL LOLLIS Crosswalk of Henshaw and Elm in Northampton. Purchase photo reprints »

Commuter rail options next step in improved rail service along ‘Knowledge Corridor’

Friday, December 19, 2014

NORTHAMPTON — Now that the decades-long dream of a high-speed train zooming along the Connecticut River is a lock, the region’s leaders expect to turn their attention to the next significant game-changer — a commuter rail system shuttling …

Rail ways: Trains return to a line less traveled, now ready for speedier travel

Thursday, December 18, 2014

EDITOR’S NOTE: This is the first of four days of coverage about the planned expansion of passenger rail in the Pioneer Valley. NORTHAMPTON — The Dec. 29 return of Vermonter service to Northampton and Greenfield for the first …

US stocks surge; Oracle leads tech stocks higher

Friday, December 19, 2014

NEW YORK — The Dow Jones industrial average had its biggest surge in three years Thursday, its second straight triple-digit gain following the Federal Reserve’s reassurance that it was in no hurry to raise interest rates. The gains …

Two released in Framingham meningitis outbreak case

Friday, December 19, 2014

BOSTON — Two men at the center of a 2012 fungal meningitis outbreak that killed 64 people around the U.S. will be released from custody, pending their criminal trials, a federal judge in Boston ruled Thursday. U.S. Magistrate …

Gas company nixes new customers in several towns

Friday, December 19, 2014

GREENFIELD — Saying the natural gas pipeline that provides gas to much of the Pioneer Valley is nearing capacity, Berkshire Gas Co. has imposed a moratorium on new customers in Greenfield, Deerfield, Montague and Whately. The decision has the potential to stifle economic development in the affected towns …

Response to Sony hack poses dilemma for US

Thursday, December 18, 2014

WASHINGTON — The detective work blaming North Korea for the Sony hacker break-in appears so far to be largely circumstantial, The Associated Press has learned. The dramatic conclusion of a Korean role is based on subtle clues in …

Ruble trouble halts GM sales to Russia

Friday, December 19, 2014

DETROIT — General Motors has temporarily halted sales of vehicles to its Russian dealers in the wake of the ruble’s decline and much higher interest rates. “This is a temporary measure because of the volatility of the ruble,” said Johan Willems, vice president for GM’s Opel Group in …

Planning Board approves Atkins Farms satellite store expected to open next summer in North Amherst

Thursday, December 18, 2014

AMHERST — A satellite Atkins Farms Country Market remains on track to open in North Amherst next summer. The Planning Board Wednesday approved site plans for the project at 113 Cowls Road, within what is being called the Mill District development, as well as granting a special permit …

Owner of Hangar Pub and Grill and Wings Over Amherst plans restaurant in Greenfield

Thursday, December 18, 2014

AMHERST — The owner of a chicken wings delivery service founded in Amherst in 1999, which has nearly three dozen stores in 13 states, is planning a new restaurant in Greenfield. Harold Tramazzo, who owns both the Wings Over Amherst and Hangar Pub and Grill restaurants on University …

Buoyed by Fed, oil prices, stocks rebound

Wednesday, December 17, 2014

NEW YORK — The U.S. stock market had its best day in more than a year after the Federal Reserve said it would to remain “patient” in its approach to raising interest rates. Stocks rose from the open …