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Business & Money

Trader Jonathan Niles, center, works on the floor of the New York Stock Exchange Wednesday, Jan. 28, 2015. U.S. stocks moved higher in early trading Wednesday after very strong earnings from Apple and Boeing. (AP Photo/Richard Drew)

Stocks fall sharply on Fed news

Wednesday, January 28, 2015

Investors struggled to figure out a barrage of signals from the Federal Reserve, oil markets and Corporate America Wednesday, and stocks fell sharply for second straight day. The Federal Reserve issued its first policy statement of the year, making clear that it would remain “patient” in raising interest rates from near zero, which was expected. But it also strengthened its …

Denver airport bans pot-themed souvenirs

Wednesday, January 28, 2015

DENVER — Tourists who fly to Colorado, home of legal pot, can forget about buying souvenir boxer shorts, socks or sandals with a marijuana leaf on them when passing through the Denver airport. The airport has banned pot-themed souvenirs, fearing the kitsch could taint the state’s image. Marijuana possession and any pot-related advertising …

USDA revises maple syrup grading

Wednesday, January 28, 2015

MONTPELIER, Vt. — Grading standards for maple syrup have been revised to match international standards, the U.S. Department of Agriculture said Wednesday, and now consumers can have a better understanding of what topping they’re buying. The revisions to the voluntary standards were released Wednesday. The move comes in response to a 2010 petition …

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Daily Deals debuts Tuesday on GazetteNET

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Daily Deals debuts Tuesday on GazetteNET
  • CAROL LOLLIS
left, Avital Carlis administrative director of the cancer center and Mark Novotny, Vice president Medical Affairs and Chief Medical Officer, talk about the new Mass General Cancer Center at Cooley Dickinson.

    CAROL LOLLIS left, Avital Carlis administrative director of the cancer center and Mark Novotny, Vice president Medical Affairs and Chief Medical Officer, talk about the new Mass General Cancer Center at Cooley Dickinson. Purchase photo reprints »

  • KEVIN GUTTING
Jim Perot plays fetch with his four-year-old cockapoo Honey during their daily walk around their North Amherst neighborhood.

    KEVIN GUTTING Jim Perot plays fetch with his four-year-old cockapoo Honey during their daily walk around their North Amherst neighborhood. Purchase photo reprints »

  • KEVIN GUTTING
Smith College Campus School students Sylvia Rhodes, from left, Saenger Breon and Leah Neuburger rehearse with the chorus.

    KEVIN GUTTING Smith College Campus School students Sylvia Rhodes, from left, Saenger Breon and Leah Neuburger rehearse with the chorus. Purchase photo reprints »

  • 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 »

Area business briefs

Sunday, January 18, 2015

Herrell’s to host benefit for Whole Children NORTHAMPTON — Herrell’s will sponsor a National Eat Ice Cream for Breakfast Day to benefit Whole Children from 9 a.m. to noon Feb. 7. The menu will consist of waffles and …

Rising oil lifts energy, market

Friday, January 16, 2015

NEW YORK — Energy companies are fueling a rally that snapped a five-day losing streak for the stock market. The surge in energy shares Friday followed a sharp rise in oil prices. The International Energy Agency predicted drillers …

All Things Local Cooperative reduces space in Amherst

Friday, January 16, 2015

AMHERST — A store specializing in products grown and made locally is reducing its retail space to save money. The All Things Local Cooperative at 104 North Pleasant St., which expanded in January 2014 to a portion of the former Food for Thought Bookstore, is relinquishing this additional …

Steve Wynn promises $1.6 billion casino resort will echo ‘grand hotels’

Friday, January 16, 2015

BOSTON — Casino mogul Steve Wynn, in his first public appearance in Massachusetts since winning the lucrative Boston-area gambling license, promised on Thursday that his $1.6 billion resort for the Everett waterfront will echo the “grand hotels” of the past, offering the largest hotel rooms outside of Las …

Swiss move on currency sends markets into spasms

Thursday, January 15, 2015

LONDON — Rarely has one statement prompted such a dramatic move in currency markets. The Swiss franc achieved a turbo-charged lift Thursday after the Swiss National Bank, or SNB, ditched an increasingly expensive policy to limit the export-sapping …

Weak bank results weigh on stocks

Thursday, January 15, 2015

NEW YORK — Disappointing results from Bank of America and Citigroup tugged the stock market to its fifth straight loss Thursday. Oil prices continued their slide, and U.S. government bonds jumped. Weak revenue from trading pulled down Bank …

Mounting losses force Target out of Canada

Thursday, January 15, 2015

MINNEAPOLIS (AP) — Target is giving up on its money-losing foray into Canada after just two years, closing 133 stores and cutting loose more than 17,000 employees. Target said it didn’t see how it could stop losing money …

Sporting goods shop planned for Charlemont

Thursday, January 15, 2015

CHARLEMONT ­— In its bid to become the outdoor adventure hot spot in New England, Charlemont will soon have another attraction — a year-round hunting, fishing and sporting goods shop called Overwatch Outpost. If all goes as planned, …

Vermont Yankee nuclear power plant closing triggers studies of impact on region’s economy

Thursday, January 15, 2015

In towns like Rowe and Vernon, Vermont, where a nuclear power plant with its highly paid workforce can serve as an “economic mask” that shields the rural community from workplace losses, the permanent shutdown of the reactor can be like removing that mask, revealing the true condition of …

Steve Vogel opens Stuff on Avenue A in Turners Falls

Thursday, January 15, 2015

TURNERS FALLS — Visitors to Avenue A will notice a change in the makeup of the Third Street intersection. Madison on the Avenue moved down a storefront and Stuff moved into the corner space. The business is owned by Steve Vogel of Montague Center and filled with furniture, …