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Business & Money

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 Amity St. It will feature several speakers, including Jon Weissman, coordinator of Western Massachusetts Jobs With Justice; Aubretia “Windy” Edick, a member …

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 & Gamble. Some also forecast weaker results in months ahead. An unexpected drop in U.S. …

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 Yahoo to avoid paying billions of dollars in future taxes while intensifying the pressure on …

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Daily Deals debuts Tuesday on GazetteNET

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Daily Deals debuts Tuesday on GazetteNET
  • 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 »

  • KEVIN GUTTING
Daniel Russell, a special motor equipment operator with the Northampton Department of Public Works Water Division, works his snow plow route in Leeds and Florence early Tuesday morning. The DPW designates over 40 plow routes to cover the city.

    KEVIN GUTTING Daniel Russell, a special motor equipment operator with the Northampton Department of Public Works Water Division, works his snow plow route in Leeds and Florence early Tuesday morning. The DPW designates over 40 plow routes to cover the city. Purchase photo reprints »

  • KEVIN GUTTING
Iryna Calderon passes a Smith College vehicle brushing about seven inches of snow from the sidewalk on Elm Street in Northampton early Tuesday morning. "It's a nice walk," said Calderon who was making her way home from Cooley Dickinson Hospital after visiting a friend working the overnight shift during the storm.

    KEVIN GUTTING Iryna Calderon passes a Smith College vehicle brushing about seven inches of snow from the sidewalk on Elm Street in Northampton early Tuesday morning. "It's a nice walk," said Calderon who was making her way home from Cooley Dickinson Hospital after visiting a friend working the overnight shift during the storm. Purchase photo reprints »

  • JERREY ROBERTS
UMass students Jess Sterner, left, and Robert Abbot talk about the snowstorm Monday night in downtown Amherst.

    JERREY ROBERTS UMass students Jess Sterner, left, and Robert Abbot talk about the snowstorm Monday night in downtown Amherst. Purchase photo reprints »

Amherst Area Chamber of Commerce encourages membership by students, retirees

Friday, January 23, 2015

AMHERST — Two new membership categories created by the Amherst Area Chamber of Commerce encourage students and retirees to be part of the organization. The $20 student membership is for undergraduates at the University of Massachusetts, Amherst College and Hampshire College and will serve as a means of …

Stocks rally, euro falls on ECB stimulus plan

Thursday, January 22, 2015

NEW YORK — A plan to revive Europe’s sagging economy rippled through the financial world on Thursday, setting off a rally in the stock market that wiped out its losses for the year. The pledge by the European …

Warren aims to enlist drug companies in basic research

Thursday, January 22, 2015

BOSTON — U.S. Sen. Elizabeth Warren is shifting her focus from Wall Street to the nation’s top pharmaceutical companies. The Massachusetts Democrat plans to file a bill next week that she said would help fund basic medical research …

State jobless rate falls

Thursday, January 22, 2015

BOSTON (AP) — Massachusetts gained nearly 11,000 jobs and its unemployment rate dropped three-tenths of a percentage point to 5.5 percent in December, the final month of former Gov. Deval Patrick’s administration, the state office of Labor and Workforce Development said Thursday. Officials also said the state netted …

Study: Natural gas leaks cost region $90M annually

Thursday, January 22, 2015

CAMBRIDGE — Harvard researchers say millions of dollars’ worth of natural gas escapes from the Boston area’s aging pipes and tanks each year. The study by atmospheric scientists at Harvard’s School of Engineering and Applied Sciences was published Thursday in the Proceedings of the National Academy of Sciences. …

Hadley officials report lack of interest in Ciaglo Seven Sisters property on Route 9

Thursday, January 22, 2015

HADLEY — With less than two weeks until the foreclosure auction for the $1.7 million former Seven Sisters Market Bistro property at 270 Russell St. and two other properties owned by Paul Ciaglo, town officials have received no inquiries about them. “I’m surprised no one has come in,” …

Stocks end higher on expected ECB stimulus

Wednesday, January 21, 2015

NEW YORK — Another choppy day on Wall Street ended with stocks broadly higher on hopes of new stimulus measures for Europe’s weak economy and a sharp rise in oil prices. Stocks flitted between gains and losses at …

Microsoft shows off Windows 10, 3D gadget

Wednesday, January 21, 2015

REDMOND, Wash. — Microsoft on Wednesday took the wraps off a new version of Windows — and a new wearable 3D gadget it calls the HoloLens. The company showed the new headset, which lets users view and interact …

Tootsie Roll’s 53-year CEO dies at 95

Thursday, January 22, 2015

CHICAGO — Melvin Gordon, who helped turn the enduring popularity of the humble Tootsie Roll into a candy empire, has died. He was 95. The longtime Tootsie Roll Industries Inc. chairman and CEO died Tuesday in Boston after …

Regional auction lists livestock prices

Wednesday, January 21, 2015

The Northampton Co-op Auction Inc. lists Tuesday prices: Calves: 0 to 60 lbs., $37 to $40; 61-75 lbs., $48 to $75; 76-95 lbs., $50 to $83; 96-105 lbs., $50 to $75; 106 lbs. & up, $50 to $76; farm calves, $100 to $430; start calves, $60 tp $125; …