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Business & Money

People walk past the Nasdaq Marketsite in New York's Times Square on Tuesday, March 3, 2015. The Nasdaq fell below 5,000 a day after passing that milestone for the first time since the dot-com era 15 years ago. (AP Photo/Seth Wenig)

Stocks fall broadly after Nasdaq passes 5,000

Tuesday, March 3, 2015

NEW YORK — U.S. stocks fell from record highs on Tuesday and the Nasdaq dropped below 5,000 a day after passing that milestone for the first time since the dot-com era 15 years ago. The losses were modest but broad, with eight industry sectors in the Standard and Poor’s 500 index falling. Higher oil prices helped oil drillers and other …

Cape Wind ends lease for New Bedford terminal

Tuesday, March 3, 2015

NEW BEDFORD (AP) — A $4.5 million deal between the state and the developers of a proposed wind farm off Cape Cod to use New Bedford as a staging and construction site has been terminated, a sign critics say is more evidence the project is dead. The Massachusetts Clean Energy Center issued a statement Monday saying the agency and Cape Wind “mutually agreed …

US running out of room to store its extra crude oil

Tuesday, March 3, 2015

NEW YORK — The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been producing and importing an average of 1 million more barrels …

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Daily Deals debuts Tuesday on GazetteNET

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Daily Deals debuts Tuesday on GazetteNET
  • JERREY ROBERTS
Sean Nyhan, from left, Matthew Grallert and Brian Gilman make an igloo Sunday on the lawn of the Hampshire County Courthouse. They were among a group of people from Berkshire Trail Elementary School in Cummington. Gilman, who is a fourth grade teacher at the school, said that each year the children make an igloo, but this year they wanted to dedicate it to Donna Jordan, a paraprofessional at the school who is battling cancer, and to her son, Joshua, who died of the disease. Gilman said he hopes it will be used by WRSI 93.9 The River host Monte Belmonte, during his ninth Cancer Connection Campout, an annual fundraiser that begins Wednesday on the courthouse lawn.

    JERREY ROBERTS Sean Nyhan, from left, Matthew Grallert and Brian Gilman make an igloo Sunday on the lawn of the Hampshire County Courthouse. They were among a group of people from Berkshire Trail Elementary School in Cummington. Gilman, who is a fourth grade teacher at the school, said that each year the children make an igloo, but this year they wanted to dedicate it to Donna Jordan, a paraprofessional at the school who is battling cancer, and to her son, Joshua, who died of the disease. Gilman said he hopes it will be used by WRSI 93.9 The River host Monte Belmonte, during his ninth Cancer Connection Campout, an annual fundraiser that begins Wednesday on the courthouse lawn. Purchase photo reprints »

  • KEVIN GUTTING
Williston Northampton School grounds manager Joe Zewinski clears a season's worth of snow from the track at Galbraith Field in Easthampton on Monday. Zewinski says the process takes more than one day and involves several steps to move the snow from the infield to outside the track oval.

    KEVIN GUTTING Williston Northampton School grounds manager Joe Zewinski clears a season's worth of snow from the track at Galbraith Field in Easthampton on Monday. Zewinski says the process takes more than one day and involves several steps to move the snow from the infield to outside the track oval. Purchase photo reprints »

  • JERREY ROBERTS
Kim Carlino talks about her work in her studio at Eastworks Thursday, Jan. 22.

    JERREY ROBERTS Kim Carlino talks about her work in her studio at Eastworks Thursday, Jan. 22. Purchase photo reprints »

  • KEVIN GUTTING
Full sun, temperatures in the mid-20s and calm winds made for a pleasant afternoon for Steve Leiblum and Lennie Ware of Pelham as they walked their dogs Rosa, left, and Red in an area near the Norwottuck Rail Trail south of Amherst College on Friday.

    KEVIN GUTTING Full sun, temperatures in the mid-20s and calm winds made for a pleasant afternoon for Steve Leiblum and Lennie Ware of Pelham as they walked their dogs Rosa, left, and Red in an area near the Norwottuck Rail Trail south of Amherst College on Friday. Purchase photo reprints »

  • JERREY ROBERTS
Bryan Torres, who is an undocumented immigrant who is an Amherst College student, Monday at the college.

    JERREY ROBERTS Bryan Torres, who is an undocumented immigrant who is an Amherst College student, Monday at the college. Purchase photo reprints »

  • CAROL LOLLIS
Northampton residents Andres Wilson and his 3-year-old daughter, Eden Wilson color together at Forbes library in the children's  section Wednesday evening.

    CAROL LOLLIS Northampton residents Andres Wilson and his 3-year-old daughter, Eden Wilson color together at Forbes library in the children's section Wednesday evening. Purchase photo reprints »

Who says business and pleasure don’t mix? Not these family business owners

Saturday, February 21, 2015

Running a family-owned business has rewards — and also challenges — unique to businesses owned by members of the same family, say those in the field. The most notorious local example of a family business gone awry is …

Longtime employee Genevieve Brough inks a deal, buys Finck & Perras Insurance of Easthampton & Florence

Saturday, February 21, 2015

EASTHAMPTON — In a time where geckos and Flo sell insurance through television ads, Finck & Perras Insurance Agency’s new owner Genevieve L. Brough says her company offers something more personal. With neighborhood offices in Florence and Easthampton, …

Hogan Technology: Hogan brothers lead business in fast-changing industry for three decades

Saturday, February 21, 2015

EASTHAMPTON — Sean Hogan had a conversation with his father nearly three decades ago about the fast-changing field of communication technology. “I think there’s an opportunity there, Dad,” he said. He was right about that. Shortly after, brothers …

‘Adaptive use’ of old buildings can be alternative to new construction

Saturday, February 21, 2015

With a high price tag attached to new construction, some businesses are choosing to remodel and repurpose older buildings to suit their needs. “Adaptive use” — the reusing of old buildings for a new purpose — makes sense …

Greece, eurozone creditors set new deal on loan terms

Friday, February 20, 2015

BRUSSELS — Greece and its creditors in the 19-nation eurozone reached an agreement Friday on extending the country’s rescue loans, a move that should ease concerns it was heading for the euro exit. Athens will get an extension …

Wal-Mart move could lift pay in low-wage sectors

Friday, February 20, 2015

WASHINGTON — The modest raises that Wal-Mart has said it will give its lowest-paid workers provide a glimmer of hope for lower-wage workers in other companies and industries. Other retailers and some fast food restaurants may now feel …

Stock market hits new high after Greece gets loan extension

Friday, February 20, 2015

NEW YORK — The stock market is closing at an all-time high after Greece reached a deal with creditors to extend its bailout. The Dow Jones industrial average rose 154 points, or 0.9 percent, to end at a …

Starbucks quits the CD business

Friday, February 20, 2015

SEATTLE — The venerable CD rack at the Starbucks counter is going the way of the Virgin Megastore and Tower Records, amid plummeting sales for music in shiny disc form. Starbucks says it will stop selling CDs next month at its stores, where they’ve been a staple since …

Most homeowners in Valley spending much more this winter to stay warm

Friday, February 20, 2015

If this deep-freeze engulfing the Valley over the last two months is enough to make you shiver, how about the impact on your wallet? Regardless of how one heats their home, chances are they are forking over more …

AREA PROPERTY DEED TRANSFERS

Friday, February 20, 2015

For week ending February 13, 2015 Amherst Althea M. Dabrowski, Sibyl C. Smith, Thaddea Jayne Sibyl, Thaddeus E. Dabrowski, to Thaddea Jayne Sibyl, 18 Taylor St., Amherst, $1. Elizabeth Cannon Smith, Randall P. Smith, to Elizabeth Cannon Smith, Randall P. Smith, 197 South Pleasant St., Amherst, $1. Belchertown …