Daily Hampshire Gazette - Established 1786
Clear
33°
Clear
Hi 35° | Lo 15°

Business & Money

This January 2016 photo provided by Verizon shows an array of small cells in a kiosk on Market Street in downtown San Francisco. Phone companies are gearing up to try to make sure texts, posts and streams get through at the Super Bowl. The phone companies have a mix of strategies, but collectively they have added or upgraded antennas in the stadium and cell towers nearby and installed "small cells" that will improve capacity in the stadium. (Alex Lombardi/Courtesy of Verizon via AP)

Thaw triggers sap run in maple country

Thursday, February 4, 2016

WEST TOPSHAM, Vt. (AP) — A winter thaw in the Northeast has triggered sap to flow in maple trees, launching an early start to the syrup season for some producers in parts of New England who have already decided to tap their trees. “It’s too damn early for this,” said Doug Zecher of Havoc Hill Sugar House in East Dorset, Vermont, before he set out in rain and sleet to check on his sap lines earlier this week. His operation started tapping trees about two weeks earlier than last year, and on Tuesday it gathered about 1,500 gallons of sap, with a thousand more to …

Stocks see modest gains

Thursday, February 4, 2016

NEW YORK — U.S. stocks posted modest gains Thursday as investors await Friday’s closely watched jobs report, which could offer insight about the U.S. economy and help determine whether the Federal Reserve raises interest rates again next month. Many believe the likelihood of another rate increase in March has faded because of recent …

Drug exec takes Fifth, infuriates lawmakers

Thursday, February 4, 2016

WASHINGTON — Infuriating members of Congress, a smirking Martin Shkreli took the Fifth at a Capitol Hill hearing Thursday when asked about his jacking up of drug prices, then promptly went on Twitter and insulted his questioners as “imbeciles.” The brash, 32-year-old entrepreneur who has been vilified as the new face of pharmaceutical-industry …

  • CAROL LOLLIS
Jamie Smith,11, chooses glass pieces during an art class taught by Leslie di Curcio Marra with Cynthia Fisher as part of an arts in residency program on mosaic's at Norris Elementary School in Southampton.

    CAROL LOLLIS Jamie Smith,11, chooses glass pieces during an art class taught by Leslie di Curcio Marra with Cynthia Fisher as part of an arts in residency program on mosaic's at Norris Elementary School in Southampton. Purchase photo reprints »

  • JERREY ROBERTS
UMass Physical Plant, Thursday.

    JERREY ROBERTS UMass Physical Plant, Thursday. Purchase photo reprints »

  • JERREY ROBERTS
Michael Marcotrigiano, who is the director of the Botanic Garden of Smith College, points to a geological timeline that corresponds to a series of eight murals that line the wall behind him that depict plant life through the ages, Monday, Jan. 11, at Lyman Plant House.

    JERREY ROBERTS Michael Marcotrigiano, who is the director of the Botanic Garden of Smith College, points to a geological timeline that corresponds to a series of eight murals that line the wall behind him that depict plant life through the ages, Monday, Jan. 11, at Lyman Plant House.

  • JERREY ROBERTS
Ryan Minns, 3, of Palmer, takes in the UMass Minutemen's 78-72 loss to Fordham from a courtside chair Saturday at the Mullins Center in Amherst.

    JERREY ROBERTS Ryan Minns, 3, of Palmer, takes in the UMass Minutemen's 78-72 loss to Fordham from a courtside chair Saturday at the Mullins Center in Amherst. Purchase photo reprints »

  • JERREY ROBERTS
Robert Stafursky, who is the general manager of The Mercantile, 108 Main Street, in Northampton, waits on a customer Wednesday. The store is closing on Saturday.

    JERREY ROBERTS Robert Stafursky, who is the general manager of The Mercantile, 108 Main Street, in Northampton, waits on a customer Wednesday. The store is closing on Saturday. Purchase photo reprints »

  • KEVIN GUTTING
Former University of Massachusetts student Patrick Durocher, 20, of Longmeadow traces his steps on the UMass campus the night of September 1, 2013, into the early morning hours of September 2, 2013, during his trial in Hampshire Superior Court in Northampton on Wednesday.

    KEVIN GUTTING Former University of Massachusetts student Patrick Durocher, 20, of Longmeadow traces his steps on the UMass campus the night of September 1, 2013, into the early morning hours of September 2, 2013, during his trial in Hampshire Superior Court in Northampton on Wednesday. Purchase photo reprints »

Report: Climate change threatens NE food fish

Wednesday, February 3, 2016

PORTLAND, Maine — Fish and shellfish that humans rely on for food and that are important to the economy are on a list of Northeastern marine species considered most vulnerable to climate change, a federal government report released Wednesday and published by the journal PLOS ONE said. The …

Regional auction lists livestock prices

Wednesday, February 3, 2016

The Northampton Co-op Auction Inc. lists Tuesday prices: Calves: $5 to $85; Growers: $100 to $220; Started: none; Veal: $98 to $115; Feeders: $64 to $110; Heifers: $58 to $81; Steers: $84 to $85; Bulls: $85; Canners: $30 to $73.50; Cutters: $74.50 to $85; Utility: $86.50 to $97; …

Energy surge lifts stocks

Wednesday, February 3, 2016

NEW YORK — Stocks staged a rapid comeback in late-afternoon trading to close solidly higher Wednesday, helped by a surge in the price of oil and a decline in the U.S. dollar. Chipotle Mexican Grill fell as the …

Ind. culture war worries business

Wednesday, February 3, 2016

INDIANAPOLIS — Downtown Indianapolis was once so desolate that men armed with shotguns hunted pigeons on Sundays among empty buildings and a trash-strewn river canal. Now the urban center boasts hotels, restaurants, theaters, a 3-mile canal walk and …

Mercantile will close Northampton store Saturday, with Amherst shop to follow after liquidation sale

Wednesday, February 3, 2016

NORTHAMPTON — The Mercantile, a longtime gift store often described as a hippie boutique, and a fixture on Main Street since 1982, will have its final day of business Saturday. And when owners Dan and Elizabeth Neville of …

Freight railroads to miss safety deadline

Tuesday, February 2, 2016

WASHINGTON — Three of the biggest freight railroads operating in the U.S. have told the government they won’t meet a 2018 deadline to start using safety technology intended to prevent accidents like the deadly derailment of an Amtrak …

Stocks crushed again by falling oil

Tuesday, February 2, 2016

NEW YORK — Another steep drop in the price of oil weighed on global markets Tuesday. Investors remained deeply concerned about the global economy following this week’s disappointing Chinese and U.S. manufacturing data. Energy stocks fell as oil …

Papers detail drugmakers’ pricing decisions

Tuesday, February 2, 2016

Federal lawmakers have released excerpts from thousands of documents detailing how two drugmakers hiked prices to squeeze more money from some life-saving medicines, a practice that has sparked public outrage. A congressional review of more than 300,000 pages …

Stocks slip as energy prices plunge

Monday, February 1, 2016

NEW YORK — The stock market was able to recover from steep losses to close slightly lower on Monday as investors looked past another drop in the price of oil and renewed concerns about U.S. and Chinese economic …

Abbott to buy medical test provider

Monday, February 1, 2016

NEW YORK (AP) — Abbott Laboratories will buy Alere for $4.8 billion as it tries to expand its medical-testing business. The deal is worth $5.8 billion when restricted stock, stock options and preferred shares are included, the company …