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Business & Money

A trader works at the New York Stock Exchange, Tuesday, Feb. 9, 2016. Stock markets have been in a slump so far this year after a lackluster 2015. Several factors have kept investors in a selling mood, including falling crude oil prices, waning growth in major economies and the prospect of Federal Reserve rate hikes after several years of ultra-easy monetary policy. (AP Photo/Mark Lennihan)

Stocks extend losing streak as oil plunges

Tuesday, February 9, 2016

U.S. stocks extended their three-day losing streak Tuesday, closing slightly lower after spending most of the day wavering between gains and losses. Energy companies led the decline as the price of U.S. crude oil sank nearly 6 percent. It’s now at about $28 a barrel. The market’s bumpy ride followed a slide in European stock indexes and steep losses in …

Companies lose billions buying back own stock

Tuesday, February 9, 2016

NEW YORK — If you think your stocks are doing poorly, check out the performance of some of the most sophisticated investors, the ones with more knowledge about what’s going on inside businesses than anyone else: Companies that buy their own shares. The companies losing money on these bets are down a collective …

Stocks fall sharply as banks, tech sector are pummeled

Monday, February 8, 2016

Wall Street rode another wave of selling Monday that sent U.S. stocks sharply lower, before a late-afternoon pullback stemmed some of the losses. Investors unloaded materials, financials and other stocks, briefly knocking the Dow Jones industrial average down more than 400 points. Technology shares, which soared last year, were targeted for especially aggressive …

  • 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 »

  • CAROL LOLLIS
Allison Johndrow,13, puts on the finishing touches to a snow man she and her brother,   Luke,10 Johndrow of Westhampton,built in their yard Friday morning.

    CAROL LOLLIS Allison Johndrow,13, puts on the finishing touches to a snow man she and her brother, Luke,10 Johndrow of Westhampton,built in their yard Friday morning. Purchase photo reprints »

  • KEVIN GUTTING
Wielding an umbrella for some protection against the wet spring-like snow, Yao Wu makes her way to work at the Smith College Museum of Art in Northampton on Friday morning during a snowstorm that dropped about 4 inches on the area and caught many residents by surprise.

    KEVIN GUTTING Wielding an umbrella for some protection against the wet spring-like snow, Yao Wu makes her way to work at the Smith College Museum of Art in Northampton on Friday morning during a snowstorm that dropped about 4 inches on the area and caught many residents by surprise. Purchase photo reprints »

Downtown Northampton Subway shop closes because ‘there’s so much competition in that area’

Friday, January 29, 2016

NORTHAMPTON — After opening about 15 months ago, the Subway sandwich shop in downtown Northampton closed this week. The owners of the franchise, Seema and Sanjeev Bhatia of Easthampton, cited slow business and closed after Tuesday. “It is …

Google parent Alphabet may soon top Apple’s market value

Friday, January 29, 2016

SAN FRANCISCO — As the digital advertising market booms and demand for smartphones wanes, Alphabet Inc. could soon dethrone Apple as the world’s most valuable company. If it happens, Alphabet will move to the head of the class just five months after Google reorganized itself under the holding …

Clean energy effort moves forward with New England proposals

Friday, January 29, 2016

Massachusetts, Rhode Island and Connecticut have dozens of proposals to consider as they look for enough additional electricity for tens of thousands of homes to meet their clean energy goals. All told, 51 proposals need to be vetted in coming months as the three states look to sign …

US economy slowed to scant 0.7 pct. growth rate last quarter

Friday, January 29, 2016

WASHINGTON — The U.S. economy’s growth slowed sharply in the final three months of 2015 to a 0.7 percent annual rate. Consumers slowed spending, businesses cut back on investment and global problems trimmed exports. The slowdown could renew …

Inquiry finds sales of concert tickets are a ‘fixed game’

Friday, January 29, 2016

ALBANY, N.Y. — Had a hard time getting a ticket to a concert or sporting event? New York’s attorney general says that’s probably because more than half of tickets to many events are held for industry insiders or otherwise unavailable to the general public. Attorney General Eric Schneiderman …

Indian Scout Sixty: American 999-cc a ‘starter bike’

Friday, January 29, 2016

By Charles Fleming Los Angeles Times (TNS) Indian Motorcycle is going down - in size, scale and price. The company has introduced a smaller version of its popular Scout, the 1200cc lightweight retro-styled cruiser that hit the market 18 months ago as a 2015 model. For 2016, Indian …

Stocks rise, tracking oil

Thursday, January 28, 2016

NEW YORK — U.S. stocks rose Thursday as the price of oil climbed for the third day in a row while key oil-producing nations discussed cuts in production. Tech and consumer stocks traded higher, led by Amazon and …

Region gets ‘dozens’ of clean energy bids

Thursday, January 28, 2016

A request for hundreds of megawatts of renewable power to help Massachusetts, Connecticut and Rhode Island meet their clean energy goals has yielded plenty of interest. Katie Dykes, deputy energy commissioner in Connecticut, said “dozens” of proposals were submitted by the noon deadline on Thursday. She said proposals …

Barbie gets a makeover

Thursday, January 28, 2016

NEW YORK — Poor Barbie. She had plastic surgery to become more socially acceptable. But a lot of her critics still don’t like her. Barbie’s manufacturer, Mattel, announced Thursday that the doll has three new body types — …

Regional auction lists livestock prices

Thursday, January 28, 2016

The Northampton Co-op Auction Inc. lists Tuesday prices: Calves: $40 to $90; Growers: $100 to $255; Started: none; Veal: $135; Feeders: $63 to $96; Heifers: $54 to $103; Steers: $86 to $112; Bulls: $90 to $117; Canners: $10 to $75; Cutters: $77 to $84; Utility: $85 to $94; …