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Business & Money

Thomas Paine Day celebration in Amherst features forum on labor issues

Tuesday, January 27, 2015

AMHERST — A labor forum focused on the living wage, equal pay for equal work and the growing gap between high- and low-income earners will be held Saturday afternoon at the Jones Library. The annual Thomas Paine Day Celebration starts at 1 p.m. in the library at 43 Amity St. It will feature several speakers, including Jon Weissman, coordinator of Western Massachusetts Jobs With Justice; Aubretia “Windy” Edick, a member …

Stocks plunge on large firms’ weak earnings

Tuesday, January 27, 2015

U.S. stocks slumped Tuesday after some of the market’s largest companies reported disappointing earnings, taking investors on a turbulent ride that deepened the losses for the year. The companies that rattled the market included Microsoft, Caterpillar and Procter & Gamble. Some also forecast weaker results in months ahead. An unexpected drop in U.S. …

Yahoo sells Alibaba stake

Tuesday, January 27, 2015

SAN FRANCISCO — Yahoo CEO Marissa Mayer is spinning off the company’s $39 billion stake in China’s Alibaba Group Holding in a move that wards off a potential shareholder rebellion. The highly anticipated decision announced Tuesday will enable Yahoo to avoid paying billions of dollars in future taxes while intensifying the pressure on …

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Daily Deals debuts Tuesday on GazetteNET

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Daily Deals debuts Tuesday on GazetteNET
  • 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 »

  • KEVIN GUTTING
Daniel Russell, a special motor equipment operator with the Northampton Department of Public Works Water Division, works his snow plow route in Leeds and Florence early Tuesday morning. The DPW designates over 40 plow routes to cover the city.

    KEVIN GUTTING Daniel Russell, a special motor equipment operator with the Northampton Department of Public Works Water Division, works his snow plow route in Leeds and Florence early Tuesday morning. The DPW designates over 40 plow routes to cover the city. Purchase photo reprints »

  • KEVIN GUTTING
Iryna Calderon passes a Smith College vehicle brushing about seven inches of snow from the sidewalk on Elm Street in Northampton early Tuesday morning. "It's a nice walk," said Calderon who was making her way home from Cooley Dickinson Hospital after visiting a friend working the overnight shift during the storm.

    KEVIN GUTTING Iryna Calderon passes a Smith College vehicle brushing about seven inches of snow from the sidewalk on Elm Street in Northampton early Tuesday morning. "It's a nice walk," said Calderon who was making her way home from Cooley Dickinson Hospital after visiting a friend working the overnight shift during the storm. Purchase photo reprints »

  • 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 »

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 …

Funeral industry veterans open new home where William Ryder once operated in South Hadley

Tuesday, January 13, 2015

SOUTH HADLEY — The newest business owners in town have careers in the funeral industry that span three generations and bring more than 30 years of experience to the Curran-O’Brien Funeral Home & Cremation Service. West Springfield business …

GM unveils new electric

Monday, January 12, 2015

DETROIT — With the introduction of an affordable electric car that can go 200 miles on a single charge, General Motors sets up a showdown with Tesla to sell an electric vehicle to the masses. It may also …

US stocks head lower as crude oil price falls

Monday, January 12, 2015

NEW YORK — Falling oil prices dragged the stock market lower on Monday as Exxon Mobil, Chevron and other big energy companies sank along with crude. The steep drop in oil prices over recent months has investors second-guessing …

Senate advances Keystone bill

Monday, January 12, 2015

WASHINGTON (AP) — Legislation approving construction of the Keystone XL oil pipeline cleared an initial Senate hurdle Monday, a victory for newly empowered Republicans angling for a quick veto showdown with President Barack Obama. The bipartisan 63-32 vote …

Pipeline presentation in Cummington draws strong turnout

Sunday, January 11, 2015

CUMMINGTON — Strong turnout on Saturday afternoon for a presentation on a planned natural gas pipeline in the region prompted organizers to offer a second showing. Hosted by members of No Fracked Gas in Mass, the event featured a short documentary film created by Plainfield resident Steve Wicks, …

With low oil prices, is Keystone still necessary?

Sunday, January 11, 2015

WASHINGTON — A 50-percent plunge in the price of crude oil, resulting from abundant global oil supplies, and cheaper gasoline at the pump raise critical questions about whether the Keystone XL oil pipeline is still needed or even …