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Business & Money

Costco delays credit card switch

Friday, February 5, 2016

SEATTLE — Costco’s switch from American Express to Visa is being pushed back to this summer. Costco Wholesale had previously announced that the switch in the only credit card it will accept in its U.S. stores would happen in April. It’s now saying that transition will happen in June or by mid-summer. For years, Amex had been the Seattle-area retail giant’s credit card network and the issuer of its co-branded …

Congress unites in scorn for Shkreli, but gridlock remains

Friday, February 5, 2016

WASHINGTON — A smirking Martin Shkreli briefly united Democrats and Republicans on Capitol Hill this week, as lawmakers took turns blasting the price-hiking former CEO who has become the new poster child for corporate greed. But the gridlocked state of Congress virtually assures federal efforts to lower drug prices will remain in limbo …

Lawsuit challenges tribal reservation decision

Friday, February 5, 2016

TAUNTON, Mass. — A group of Massachusetts residents is challenging the federal government’s decision to grant the Mashpee Wampanoag tribe reservation lands to build a casino. The lawsuit filed Thursday in Boston federal court argues the U.S. Department of the Interior is not authorized to take lands into trust for tribes recognized after 1934 because of a 2009 Supreme Court ruling. The Mashpee …

  • CAROL LOLLIS
Jamie Smith,11, chooses glass pieces during an art class taught by Leslie di Curcio Marra with Cynthia Fisher as part of an arts in residency program on mosaic's at Norris Elementary School in Southampton.

    CAROL LOLLIS Jamie Smith,11, chooses glass pieces during an art class taught by Leslie di Curcio Marra with Cynthia Fisher as part of an arts in residency program on mosaic's at Norris Elementary School in Southampton. Purchase photo reprints »

  • JERREY ROBERTS
UMass Physical Plant, Thursday.

    JERREY ROBERTS UMass Physical Plant, Thursday. Purchase photo reprints »

  • JERREY ROBERTS
Michael Marcotrigiano, who is the director of the Botanic Garden of Smith College, points to a geological timeline that corresponds to a series of eight murals that line the wall behind him that depict plant life through the ages, Monday, Jan. 11, at Lyman Plant House.

    JERREY ROBERTS Michael Marcotrigiano, who is the director of the Botanic Garden of Smith College, points to a geological timeline that corresponds to a series of eight murals that line the wall behind him that depict plant life through the ages, Monday, Jan. 11, at Lyman Plant House.

  • JERREY ROBERTS
Ryan Minns, 3, of Palmer, takes in the UMass Minutemen's 78-72 loss to Fordham from a courtside chair Saturday at the Mullins Center in Amherst.

    JERREY ROBERTS Ryan Minns, 3, of Palmer, takes in the UMass Minutemen's 78-72 loss to Fordham from a courtside chair Saturday at the Mullins Center in Amherst. Purchase photo reprints »

  • JERREY ROBERTS
Robert Stafursky, who is the general manager of The Mercantile, 108 Main Street, in Northampton, waits on a customer Wednesday. The store is closing on Saturday.

    JERREY ROBERTS Robert Stafursky, who is the general manager of The Mercantile, 108 Main Street, in Northampton, waits on a customer Wednesday. The store is closing on Saturday. Purchase photo reprints »

  • KEVIN GUTTING
Former University of Massachusetts student Patrick Durocher, 20, of Longmeadow traces his steps on the UMass campus the night of September 1, 2013, into the early morning hours of September 2, 2013, during his trial in Hampshire Superior Court in Northampton on Wednesday.

    KEVIN GUTTING Former University of Massachusetts student Patrick Durocher, 20, of Longmeadow traces his steps on the UMass campus the night of September 1, 2013, into the early morning hours of September 2, 2013, during his trial in Hampshire Superior Court in Northampton on Wednesday. Purchase photo reprints »

Stocks skid after Fed’s caution on economy

Wednesday, January 27, 2016

NEW YORK — Stocks sank Wednesday after the Federal Reserve gave a cautious assessment of the global economy and said growth in the U.S. has slowed down. The statement from the Fed smothered a small rally in stocks …

Pentagon on hot seat over Russian engines

Wednesday, January 27, 2016

WASHINGTON — Senior Pentagon officials on Wednesday sought to defend the use of Russian-made rocket engines to send U.S. military satellites into space, telling exasperated lawmakers they are moving quickly to end the practice and rely on American-made …

Stock rise on rebound with price of crude oil

Tuesday, January 26, 2016

NEW YORK — U.S. stocks jumped Tuesday as the price of oil made another abrupt reversal, this time rising almost 4 percent after falling sharply the day before. Energy stocks climbed along with the price of oil, and …

Whole Foods recalls 74,000 pounds of mislabeled pizza

Tuesday, January 26, 2016

HADLEY — Whole Foods Market recalled nearly 74,000 pounds of pepperoni pizza products from its stores in New England, New York and New Jersey after federal food inspectors discovered the products had been mislabeled, officials said. The recall applies to Whole Foods’ store brand 8-inch and 12-inch pepperoni …

Patriots AFC Championship apparel will go to nonprofit

Tuesday, January 26, 2016

BOSTON — Dick’s Sporting Goods said it plans to donate unsellable Patriots AFC Championship gear to a nonprofit after the team lost 20-18 to the Denver Broncos on Sunday. Matt Catacchio, community marketing manager at Dick’s, tells the Boston Globe the T-shirts and hats will go to World …

Exotic Fish & Pet World to close doors after 40 years

Tuesday, January 26, 2016

SOUTHAMPTON — As Exotic Fish & Pet World co-owner Russell Wall readies to wind down the retail arm of his aquarium business after four decades, he said he had no regrets — even when one of his ecology …

Stocks slide on oil slump

Monday, January 25, 2016

NEW YORK — U.S. stocks fell Monday as the price of oil slumped again, giving up some of the ground it gained late last week. That forced energy companies lower. The stock market opened lower and stayed in …

Calif. pot growers face new crop of local bans

Sunday, January 24, 2016

SACRAMENTO, Calif. — When the California Legislature passed the state’s first comprehensive medical marijuana regulations in September, pot advocates hoped the move heralded a new era of trust in their often-tumultuous relationship with wary local officials and police. …

Area business briefs

Sunday, January 24, 2016

Herrell’s to hold Whole Children fundraiser NORTHAMPTON — Herrell’s Ice Cream will sponsor its second annual “Eat Ice Cream for Breakfast Day” to benefit Whole Children from 9 a.m. to noon Feb. 6. The event will include a …

AREA PROPERTY DEED TRANSFERS

Sunday, January 24, 2016

For week ending January 15, 2016 Amherst Elizabeth N. Gummere, John G. Gummere, to Elizabeth N. Gummere, Shays St., Amherst, $100. Seymour A. Maisey to David Maisey, 66 Tracy Circle, Amherst, $1. Arlen Gould, Richard Carpenter, to Avery Lussier, David A. Lussier, Sheri A. Lussier, Belchertown Road, Old …