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Business & Money

FILE - This July 16, 2013 file photo shows a Wall Street street sign outside the New York Stock Exchange in New York. U.S. stocks are starting the week sharply higher Monday, March 30, 2015, led by energy companies. (AP Photo/Mark Lennihan, File)

Stocks gain on positive housing, spending data

Monday, March 30, 2015

Encouraging U.S. economic data and a batch of corporate deals put investors in a buying mood Monday, sending stocks sharply higher. The broad rally nudged the Dow Jones industrial average back into positive territory for the year after a rough stretch for the market most of last week. Traders welcomed a government report showing that consumer spending and incomes rose …

Lincoln Continental returns

Monday, March 30, 2015

Ford Motor Co. said Monday that the Lincoln Continental is coming back after a 13-year hiatus. A concept version of the full-size Continental will be shown at the New York auto show this week. The production car goes on sale next year. Lincoln, Ford’s luxury division, was founded in 1917 by Henry Leland, …

Business leaders from Hampshire and Franklin counties discuss regional economic development

Monday, March 30, 2015

The Hampshire County economy was a topic for the Franklin County Chamber of Commerce when it gathered last week to discuss regional economic development planning. The presentation on how the 2015 Comprehensive Economic Development Strategy is being written in preparation for an April 28 draft release by the Franklin Regional Council of Governments brought together about 100 business leaders from the region. With …

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Daily Deals debuts Tuesday on GazetteNET
  • MICKY BEDELL
Joan O'Brien, 56, walks her dog Sally down East Street in Northampton on Wednesday, March 25.

    MICKY BEDELL
Joan O'Brien, 56, walks her dog Sally down East Street in Northampton on Wednesday, March 25. Purchase photo reprints »

  • KEVIN GUTTING
Jim Brooks of Northampton takes a recreational shell out for a row on the Connecticut River. The oars are fixed into the oar locks so the blade is "square," the best angle to power through the water, but this immobilization also keeps the blade from being "feathered," or turned parallel to the surface, during the return stroke out of the water.

    KEVIN GUTTING Jim Brooks of Northampton takes a recreational shell out for a row on the Connecticut River. The oars are fixed into the oar locks so the blade is "square," the best angle to power through the water, but this immobilization also keeps the blade from being "feathered," or turned parallel to the surface, during the return stroke out of the water. Purchase photo reprints »

  • CAROL LOLLIS
left, Pete Rogers, of Amherst, and Michael Matis, of Amherst talk during a weekly luncheon for homeless veterans at the World War II club in Northampton.

    CAROL LOLLIS left, Pete Rogers, of Amherst, and Michael Matis, of Amherst talk during a weekly luncheon for homeless veterans at the World War II club in Northampton. Purchase photo reprints »

  • CAROL LOLLIS
 Assistant DA Jennifer Suhl gives closing statements in the Emmanuel T. Bile trial Friday morning.

    CAROL LOLLIS Assistant DA Jennifer Suhl gives closing statements in the Emmanuel T. Bile trial Friday morning. Purchase photo reprints »

  • MICKY BEDELL
John Lebeaux, Mass. commissioner of agricultural resources, speaks during the annual Community Involved in Sustaining Agriculture meeting at the Northampton senior center on Friday night.

    MICKY BEDELL
John Lebeaux, Mass. commissioner of agricultural resources, speaks during the annual Community Involved in Sustaining Agriculture meeting at the Northampton senior center on Friday night. Purchase photo reprints »

  • CAROL LOLLIS
Easter candy at Ben and Bill's Chocolate Emporium.

    CAROL LOLLIS Easter candy at Ben and Bill's Chocolate Emporium. Purchase photo reprints »

Pipeline proposals resisted in NE, despite region’s high energy costs

Sunday, March 29, 2015

CONCORD, N.H. — There is near universal agreement that the Northeast has to expand its energy supply to rein in the nation’s highest costs and that cheap, abundant, relatively clean natural gas could be at least a short-term …

Lamson & Goodnow Manufacturing will move to Westfield; Ashfield man buys most of its Shelburne Falls site

Saturday, March 28, 2015

SHELBURNE FALLS — After 178 years in Shelburne Falls, Lamson & Goodnow Manufacturing Co. will move to Westfield. Chief Operating Officer James Pelletier said he signed a lease Thursday that takes effect Wednesday. The lease was signed a day after 12.5 acres of Lamson’s 18-acre property and buildings …

House on Memorial Street in Deerfield sells for $1.15 million

Saturday, March 28, 2015

DEERFIELD — Another home has sold for more than $1 million in Old Deerfield. According to records from the Registry of Deeds, the property at 7 Memorial St., located across from the Memorial Hall Museum and Library, recently was sold for $1,150,000 by Linda McInerney to Freccia LLC, …

Berkshire Gas expands ban on new natural gas service to Amherst, Hadley, Hatfield and Sunderland

Saturday, March 28, 2015

The Berkshire Gas Co. announced Friday it will not accept any new customers in Hampshire County, expanding an earlier moratorium on new service enacted in Franklin County last year. That raises concerns about its impact on economic development in the affected communities. Effective immediately, the utility will no …

State agricultural commissioner John Lebeaux makes first official Pioneer Valley appearance

Friday, March 27, 2015

NORTHAMPTON — Though the number might seem small, newly-appointed state agricultural commissioner John Lebeaux said a recent 1 percent increase in the number of farms in the Valley is a “trend in the right direction.” In his first …

Yellen: Rate increase likely

Friday, March 27, 2015

WASHINGTON — Federal Reserve Chair Janet Yellen said Friday that continued improvement in the U.S. economy means an increase in the Fed’s key interest rate could come later this year. But Yellen stressed that any rate increases would likely be very gradual. The Fed has kept its benchmark …

US economic growth may be mild, but it’s durable

Friday, March 27, 2015

WASHINGTON — The U.S. economy’s tepid performance last quarter — a 2.2 percent annual growth rate, the government said Friday — was typical of the economic rebound that began in the summer of 2009. Yet the generally sluggish …

Stocks fall for 4th day

Thursday, March 26, 2015

NEW YORK — A see-saw day for U.S. stocks ended with slight losses on Thursday, giving the market its fourth drop in a row. Edgy investors continue to monitor violence in the Middle East and the rapid ascent …

Electric rate shock even worse than expected for some

Thursday, March 26, 2015

This has been a hard winter for many, not only because of historically cold temperatures, but also because they’ve seen electric bills shoot through the roof. The heart of the problem is the generation rate, or supply rate, that represents local utilities’ pass-through cost for the power they …

Heinz acquires Kraft, creating $28B food giant

Wednesday, March 25, 2015

NEW YORK — Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of …