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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. Stocks are edging mostly higher, Wednesday, Feb. 10, 2016, setting the market up for its first gain after three down days. (AP Photo/Mark Lennihan, File)

Stocks’ early rally fades

Wednesday, February 10, 2016

The Federal Reserve’s latest signals on interest rates gave U.S. stocks a lift for much of Wednesday, but the rally didn’t last. A sell-off in the final minutes of trading knocked the Dow Jones industrial average and the Standard & Poor’s 500 index slightly into the red. The slide extended a three-day losing streak for the two indexes. Only the …

Fed chair: Global woes likely to slow rate hikes

Wednesday, February 10, 2016

WASHINGTON — Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy’s growth and slow the pace of Fed interest rate hikes. But Yellen made clear that the Fed won’t likely find it necessary to cut rates after having raised them from record lows …

Atlantic Furniture will move to vacant factory at Deerfield Industrial Park

Wednesday, February 10, 2016

SOUTH DEERFIELD — Vacant for about four years, a 277,000-square-foot factory building at Deerfield Industrial Park has a new occupant. Deerfield Industrial LLC, which is owned by Mark Valone, purchased the building for $1,916,250 at auction and will rent the space to Atlantic Furniture, which is owned by the limited liability company. Valone also said he expects to add 15 to 20 new …

  • CAROL LOLLIS
Alyssa Varney,13, of Easthampton, works on a presentation with other students and Judith Breier as part of a Free the Children Program at White Brook Middle Middle school in Easthampton.

    CAROL LOLLIS Alyssa Varney,13, of Easthampton, works on a presentation with other students and Judith Breier as part of a Free the Children Program at White Brook Middle Middle school in Easthampton. Purchase photo reprints »

  • CAROL LOLLIS
 Joann Holmes reads a letter that her son Zachary wrote to her from jail at their home in   Belchertown Monday night.

    CAROL LOLLIS Joann Holmes reads a letter that her son Zachary wrote to her from jail at their home in Belchertown Monday night. Purchase photo reprints »

  • JERREY ROBERTS
Margaux Galvin, 7, front right, Saskia Baskin, 8, front left, both of Northampton, and others, practice on the balance beam Tuesday during a class at the Hampshire Regional YMCA.

    JERREY ROBERTS Margaux Galvin, 7, front right, Saskia Baskin, 8, front left, both of Northampton, and others, practice on the balance beam Tuesday during a class at the Hampshire Regional YMCA. Purchase photo reprints »

  • DAN LITTLE
University of Massachusetts student Preston Rowan, 20, competes in the Rail Jam event put on by the UMass Ski and Board Club Friday night in front of the Southwest Residential Area at UMass.

    DAN LITTLE University of Massachusetts student Preston Rowan, 20, competes in the Rail Jam event put on by the UMass Ski and Board Club Friday night in front of the Southwest Residential Area at UMass. Purchase photo reprints »

  • JERREY ROBERTS
Lowell Whitney, of Hadley, sleds with his children, Carter, 10, and Maya, 7, at Hospital Hill in Northampton, Monday.

    JERREY ROBERTS Lowell Whitney, of Hadley, sleds with his children, Carter, 10, and Maya, 7, at Hospital Hill in Northampton, Monday. Purchase photo reprints »

  • DAN LITTLE
Newcomers to tai chi are welcome at Denise Barry's class at the Senior Center in Northampton.

    DAN LITTLE Newcomers to tai chi are welcome at Denise Barry's class at the Senior Center in Northampton. Purchase photo reprints »

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 …

Mohawk Fine Papers continues adding workers to envelope-folding plant in South Hadley

Sunday, January 31, 2016

SOUTH HADLEY — Two or three tractor-trailer trucks loaded with rolls and large sheets of paper pull up to the loading dock at one end of the Mohawk Fine Papers envelope-folding plant at 28 Gaylord St. each week. …