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Business & Money

FILE - This July 16, 2013, file photo, shows a Wall Street street sign outside the New York Stock Exchange. Stocks are edging mostly higher, Wednesday, Feb. 10, 2016, setting the market up for its first gain after three down days. (AP Photo/Mark Lennihan, File)

Stocks’ early rally fades

Wednesday, February 10, 2016

The Federal Reserve’s latest signals on interest rates gave U.S. stocks a lift for much of Wednesday, but the rally didn’t last. A sell-off in the final minutes of trading knocked the Dow Jones industrial average and the Standard & Poor’s 500 index slightly into the red. The slide extended a three-day losing streak for the two indexes. Only the …

Fed chair: Global woes likely to slow rate hikes

Wednesday, February 10, 2016

WASHINGTON — Federal Reserve Chair Janet Yellen cautioned Wednesday that global weakness and falling financial markets could depress the U.S. economy’s growth and slow the pace of Fed interest rate hikes. But Yellen made clear that the Fed won’t likely find it necessary to cut rates after having raised them from record lows …

Atlantic Furniture will move to vacant factory at Deerfield Industrial Park

Wednesday, February 10, 2016

SOUTH DEERFIELD — Vacant for about four years, a 277,000-square-foot factory building at Deerfield Industrial Park has a new occupant. Deerfield Industrial LLC, which is owned by Mark Valone, purchased the building for $1,916,250 at auction and will rent the space to Atlantic Furniture, which is owned by the limited liability company. Valone also said he expects to add 15 to 20 new …

  • CAROL LOLLIS
Alyssa Varney,13, of Easthampton, works on a presentation with other students and Judith Breier as part of a Free the Children Program at White Brook Middle Middle school in Easthampton.

    CAROL LOLLIS Alyssa Varney,13, of Easthampton, works on a presentation with other students and Judith Breier as part of a Free the Children Program at White Brook Middle Middle school in Easthampton. Purchase photo reprints »

  • CAROL LOLLIS
 Joann Holmes flips through drawings and a 65 page story about Thomas The Train   that her son Zachary drew of his favorite characters that he sent to her  from jail at their home in  Belchertown Monday night.

    CAROL LOLLIS Joann Holmes flips through drawings and a 65 page story about Thomas The Train that her son Zachary drew of his favorite characters that he sent to her from jail at their home in Belchertown Monday night. Purchase photo reprints »

  • 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 »

Owner of World Eye Bookshop in Greenfield adjusts to slower sales

Sunday, January 31, 2016

GREENFIELD — Eight months after the owner of World Eye Bookshop on Main Street held a week-long campaign to sell $15,000 worth of merchandise to keep her store from going out of business, she says sales are still …

Lumberjack now an endangered species in northern New England and other forested areas

Sunday, January 31, 2016

GREENSBORO, Vt. — In the snowy woods of northern New England and other forested parts of the country, the lumberjack is an endangered species. As high-tech machinery replaces chain saws, which themselves replaced the ax, a generations-old way …

Area business briefs

Sunday, January 31, 2016

New office space opens, offering scholarship HADLEY — Local entrepreneur Terra Missildine will hold a grand opening Feb. 13 for Cultivate and Nest, a co-office space in Hadley that incorporates on-site child care. In conjunction with the grand …

AREA PROPERTY DEED TRANSFERS

Sunday, January 31, 2016

For the week ending January 22, 2016 Amherst Lillian B. Scott to Rodrigo Afonso Zamith, 71 Spaulding St., Amherst, $163,000. Virginia Lewis to Jennifer K. Mendelsohn, Neil E. Mendelsohn, Gray St Extension, Gray St., Amherst, $100,000. Richard Seymour Bogartz to Richard S. Bogartz Revocable Trust, Richard S. Bogartz, …

New rail link to Maine waterfront could revive port

Sunday, January 31, 2016

PORTLAND, Maine — Freight trains are rolling through New England carrying the first-ever shipping containers loaded on the Portland waterfront. The new train service is the product of years of planning and millions in public and private investment, with the goal of connecting this once-thriving port by rail …

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 …