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Business & Money

Russian President Vladimir Putin speaks during a cabinet meeting at the Novo-Ogaryovo residence outside Moscow, Russia, Monday, Jan. 26, 2015. The meeting focused on the government’s anti-crisis plan. (AP Photo/RIA-Novosti, Alexei Nikolsky, Presidential Press Service)

S&P lowers Russia’s credit rating

Monday, January 26, 2015

LONDON (AP) — Standard & Poor’s rating agency on Monday downgraded Russia’s credit grade by one notch to junk status, citing a weakened economic outlook. The agency dropped the rating to BB+ from BBB- as it sees the country’s financial buffers at risk amid a slide in the country’s currency and weakening revenue from oil exports. “In our view, the …

Police want popular tracking app disabled

Monday, January 26, 2015

WASHINGTON — Law enforcement is concerned that the popular Waze mobile traffic app by Google Inc., which provides real-time road conditions, can also be used to hunt and harm police. Waze is a combination of GPS navigation and social networking. Fifty million users in 200 countries turn to the free service for warnings …

EU watches as new Greek leader sworn in

Monday, January 26, 2015

ATHENS, Greece — Radical left leader Alexis Tsipras was sworn in as Greece’s new prime minister Monday after forming a surprise alliance with a small right-wing nationalist party Independent Greeks, signaling possible confrontation over the country’s bailout. The 40-year-old broke with tradition and took a secular oath rather than the Greek Orthodox religious …

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Daily Deals debuts Tuesday on GazetteNET
  • JERREY ROBERTS
UMass students Jess Sterner, left, and Robert Abbot talk about the snowstorm Monday night in downtown Amherst.

    JERREY ROBERTS UMass students Jess Sterner, left, and Robert Abbot talk about the snowstorm Monday night in downtown Amherst. Purchase photo reprints »

  • KEVIN GUTTING
Northampton Mayor David Narkewicz, left, Public Safety Communications Center Director Kelly Banister and Fire Chief Brian Duggan refine the text of a "robocall" the mayor was about to make to the city Monday afternoon in advance of the extreme winter storm.

    KEVIN GUTTING Northampton Mayor David Narkewicz, left, Public Safety Communications Center Director Kelly Banister and Fire Chief Brian Duggan refine the text of a "robocall" the mayor was about to make to the city Monday afternoon in advance of the extreme winter storm. Purchase photo reprints »

  • GENA MANGIARATTI: Dave Hayes works at his laptop at his home Monday.

    GENA MANGIARATTI: Dave Hayes works at his laptop at his home Monday. Purchase photo reprints »

  • KEVIN GUTTING
Angel Bou brings a snowplow blade in from the Northampton Department of Public Works yard Monday afternoon to attach to a bucket loader for the winter storm.

    KEVIN GUTTING Angel Bou brings a snowplow blade in from the Northampton Department of Public Works yard Monday afternoon to attach to a bucket loader for the winter storm. Purchase photo reprints »

  • JERREY ROBERTS
Eva Gerstel, who turned 100 on Thursday, talks about her life Wednesday at Lathrop Communities in Easthampton.

    JERREY ROBERTS Eva Gerstel, who turned 100 on Thursday, talks about her life Wednesday at Lathrop Communities in Easthampton. Purchase photo reprints »

  • MATT BURKHARTT
Students at the UMass textbook annex locate their books Wednesday January 21

    MATT BURKHARTT Students at the UMass textbook annex locate their books Wednesday January 21 Purchase photo reprints »

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, …

Ashfield Lake House nears change in ownership

Thursday, January 15, 2015

ASHFIELD — It appears the Ashfield Lake House will change owners in the coming weeks. The Select Board this month unanimously approved a liquor license transfer for the local landmark restaurant. Now all that remains is state approval …

Stocks slide on retail spending slowdown

Wednesday, January 14, 2015

NEW YORK — A dismal report on retail spending in the U.S. and signs of slowing global growth drove stocks lower and sent yields on government bonds plunging as investors sought safety. U.S. stocks fell from the start …

House votes to relax Wall Street regulations

Wednesday, January 14, 2015

WASHINGTON — Propelled by its enlarged Republican majority, the House has moved to ease a landmark law reining in banks and Wall Street, more than six years after a financial crisis brought on the Great Recession. The vote …

Foreclosures in 2014 fall to pre-housing-bust levels

Wednesday, January 14, 2015

LOS ANGELES — A healthier U.S. housing market and economy helped to winnow foreclosures in 2014 to levels not seen since before the housing bust. The decline is the latest evidence of how foreclosures have diminished in recent years from a national crisis to a largely market-specific concern. …

Uber to share passenger trip data with Boston

Wednesday, January 14, 2015

BOSTON — Uber has reached an agreement with Boston to share information about the trips passengers take using its on-demand service, a turnaround for a company that in the past has been reluctant to hand over data to government regulators. Uber, which announced the deal Tuesday, says it …

Regional auction lists livestock prices

Wednesday, January 14, 2015

The Northampton Co-op Auction Inc. lists Tuesday prices: Calves: 0 to 60 lbs., $30 to $45; 61-75 lbs., $40 to $72; 76-95 lbs., $45 to $82; 96-105 lbs., $70 to $75; 106 lbs. & up, $70 to $85; farm calves, $100 to $410; start calves, $85; feeders, $124 …

Stocks edge downward during see-saw trading

Tuesday, January 13, 2015

NEW YORK — Stocks swung from gains to losses and almost back again on Tuesday. The U.S. market opened the day higher, getting a boost from encouraging news on hiring and small business confidence. The market then swooned …