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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 »

Stocks fall after biggest weekly loss since 2012

Monday, December 15, 2014

NEW YORK — Falling oil prices pushed U.S. stocks down broadly on Monday, extending losses into a second week. European stocks also fell, and the Russian ruble plunged to a record low against the dollar as the continuing …

Experts: Keystone XL may no longer make economic sense

Monday, December 15, 2014

WASHINGTON — Amid the shouting on Capitol Hill, the wads of campaign cash and the activist careers shaped around the Keystone XL pipeline, the project at the flash point of America’s energy debate now confronts a problem bigger than politics. It may no longer pencil out. As Congress’ …

FBI: Casinos raise risk of public corruption

Monday, December 15, 2014

BOSTON — The head of the FBI’s Boston office said Monday he’s concerned the expansion of casino gambling might lead to an increase in public corruption and financial and organized crime. Special Agent Vincent Lisi, whose office covers …

New Disney-inspired indoor play structure in South Hadley lures the younger set

Monday, December 15, 2014

SOUTH HADLEY — The lure of Play Date Place at 470 Newton St. is an imaginative Disney-inspired indoor play structure geared to the age 6-and-under set which creates an atmosphere ripe for fantasy. Part of the business model …

Business news in brief

Monday, December 15, 2014

Skinner Auctioneers names representative NORTHAMPTON — George Thomas Lewis will provide appraisal and consignment services in western Massachusetts for the Skinner Inc. auction house. Lewis is a longtime resident of Northampton where he ran his business, George Thomas …

Guild Art Supply owners open Big Wheel Press stationery store

Monday, December 15, 2014

NORTHAMPTON — Handwritten notes are often overlooked in the age of the Internet and emails. But William Muller and his wife, Alexandra Geller, on Friday opened Big Wheel Press, a store that stocks their homemade stationery, other stationery made around the world and greeting cards. The store is …

Google News bans Spanish publishers in response to new law imposing fees

Monday, December 15, 2014

MADRID — Google is locking Spanish publishers out of its popular Google News service in response to a new Spanish law that imposes fees for linking to the headlines and news stories on other websites. The move announced …

Lower lobster catch in 2014 means higher prices

Sunday, December 14, 2014

PORTLAND, Maine (AP) — The 2014 lobster fishing season appears to have resulted in a lower total catch than the previous two years — meaning slightly higher prices for consumers — but it remained a productive year, lobstermen say. Maine’s lobster fishery, the largest in the country, topped …

Burger King to close in Hadley on Dec. 28, future of site uncertain

Saturday, December 13, 2014

HADLEY — Burger King restaurant, a mainstay of the Route 9 dining scene since opening in the 1970s, will close later this month, possibly to make way for a new development project at the Mountain Farms Mall. “Our last day is Dec. 28,” said Krystin Bauer, a manager …

Shifts leave Williamsburg with larger, indoor Snack Bar and seasonal Local Burger food trailer

Saturday, December 13, 2014

WILLIAMSBURG — A shifting landscape of places to eat in Williamsburg will leave the town with a new, larger indoor Snack Bar and a seasonal food trailer operated by the owners of Local Burger in Northampton. After dishing …