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Business & Money

MGM seeks to delay fees

Thursday, April 17, 2014

BOSTON — With efforts to repeal Massachusetts’ casino law underway, MGM Resorts International has asked state regulators to delay the collection of casino fees from the company even as it prepares to become the state’s first licensed casino operator. MGM Springfield President Michael Mathis said on Thursday that the Las Vegas-based company risks losing about $200 million in fees, deposits and other payments if a referendum to repeal the state’s … 0

When you should - and shouldn’t - seek a reverse mortgage

Thursday, April 17, 2014

Some seniors don’t qualify for a reverse mortgage, either because they are not old enough (you must be at least 62), or because their home equity, the difference between the value of their home and the balance of their existing standard mortgage, is too small. Such seniors won’t waste much time on the effort. Any loan provider they contact will give them the … 0

Three small farms in Amherst and Hadley get boosts from $10,000 state grants

Thursday, April 17, 2014

AMHERST — Customers who come to the first Amherst Farmers Market on Saturday will have the opportunity to purchase a variety of greens harvested from three high tunnels and four greenhouses at Danya Teitelbaum’s North Amherst farm, known as Queen’s Greens. But as the recipient of a $10,000 state matching grant for constructing a much larger, better insulated and warmer high tunnel, Teitelbaum … 0

Lure of the outdoors inspires local remodeling projects

Thursday, April 17, 2014

NORTHAMPTON — “I wanted to be able to sleep outside,” said Keitheley Wilkinson of Laurel Park in Northampton. “It’s calming.” With midsummer nights, warm breezes and flowering gardens ahead, sleeping beneath the stars is just one of the … 0

Oil prices a boon for airlines

Wednesday, April 16, 2014

NEW YORK — Airline executives frequently complain about fuel costs. But the truth is higher prices actually have been good for business. In the past six years, airlines have overhauled the way they operate to adjust to this … 0

Regional auction lists livestock prices

Wednesday, April 16, 2014

The Northampton Co-op Auction Inc. lists Tuesday prices: Calves: 0 to 60 lbs., none; 61-75 lbs., $40 to $80; 76-95 lbs., $50 to $61; 96-105 lbs., $40 to $70; 106 lbs. & up, $30 to $60; farm calves, $120 to $310; start calves, $76; feeders, $77; veal, none; … 0

Stocks up for 3rd day

Wednesday, April 16, 2014

Investors drove stock prices to their highest level in a week Wednesday, encouraged by a crop of corporate earnings and reassuring U.S. and Chinese economic data. Major U.S. stock indexes notched their third day of gains in a … 0

Congressmen looking into VW vote in Tenn.

Wednesday, April 16, 2014

WASHINGTON — Two House Democrats said Wednesday they are beginning their own inquiry into whether Tennessee state officials may have violated “or otherwise run afoul of” federal law by their alleged conduct ahead of a vote by workers at a Volkswagen factory in Chattanooga, Tenn., that rejected a … 0

Detroit needs $350M from state lawmakers

Wednesday, April 16, 2014

DETROIT — Pressure was building Wednesday for Michigan lawmakers to commit $350 million to Detroit pensions, a day after the city reached tentative agreements with pension funds and a retiree group to reduce payouts. The city has an … 0

Pulitzer Prize winner Jeff Good to join Gazette, Recorder in new executive editor position

Tuesday, April 15, 2014

NORTHAMPTON — A Pulitzer Prize-winning journalist devoted to community journalism will join the Daily Hampshire Gazette’s parent company next month as executive editor, a new position responsible for editorial content at Newspapers of New England’s Pioneer Valley publications … 1

Fed considers stricter banking regulations

Tuesday, April 15, 2014

WASHINGTON — The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of … 0

Stocks bounce back late

Tuesday, April 15, 2014

A stock market swoon turned into a comeback Tuesday. Stocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among homebuilders and simmering tensions in … 0

Highway funds drying up, transportation secretary warns

Tuesday, April 15, 2014

DAYTON, Ohio — On the road in a tour bus this week, the U.S. transportation secretary is spreading some bad news: The government’s Highway Trust Fund is nearly broke. If allowed to run dry, that could set back … 0