Business

Stocks rise on weak dollar

NEW YORK - Another weak day for the dollar and upbeat economic news from China gave investors more reason to keep buying stocks.

A drop in the dollar lifted gold and oil prices after Federal Reserve officials signaled that borrowing rates would remain low. The market bounded higher in early trading but came off its highest levels as the dollar pulled off of a 15-month low.

Gold hits new high of $1,118

NEW YORK - The price of gold surged to a fresh high Wednesday as the dollar fell to a 15-month low.

Gold futures for December delivery jumped to as high as $1,119.10 an ounce on the New York Mercantile Exchange in morning trading, then slipped back to $1,114.20, up $11.70 from Tuesday's close.

Wal-Mart adjusts for Black Friday, will stay open 24 hours

BENTONVILLE, Ark. (AP) - Wal-Mart Stores said Wednesday it will keep its stores open 24 hours and take new crowd-control measures Thanksgiving weekend after a temporary employee was trampled to death in a Black Friday rush last year.

Northampton lists livestock auction prices

The Northampton Coop Auction Inc. lists Tuesday prices:

Calves: 0-60 lbs. $5; 61-75 lbs., $5 to $15; 76-90 lbs., $5 to $21; 91-105 lbs., $5 to $20; 106 & up lbs. $15 to $21; farm calves, $30 to $70; start calves $13; feeders $16 to $85; heifers $10 to $40.75; steers $25 to $53; bulls $40 to $45.50.

Advance in stocks slows as dollar rises

NEW YORK - Caution returned to the stock market Tuesday as investors decided to slow an advance that has lifted the Dow Jones industrial average 475 points in five days.

Stocks mostly fell in light trading, though the Dow tacked on 20 points to close at a new high for the year. The modest advance came a day after the Dow shot up 200 points for the second time in three days.

Boltwood Place gets OK

AMHERST - Boltwood Place, a five-story, mixed-use building proposed for a site next to the parking garage, is another step toward being constructed.

The Planning Board Tuesday voted unanimously in favor of the site plans for the project, which will be built by Archipelago Investments LLC at 43-51 N. Pleasant St., behind Judie's Restaurant.

Photo: Kraft's $16.4B Cadbury bid starts takeover tussle

Kraft's $16.4 billion Cadbury bid starts takeover tussle

NEW YORK - Kraft Foods has gone hostile in its bid to buy Cadbury but didn't sweeten its first bid, drawing an immediate rejection from the British candy maker in what is likely to be a lengthy takeover struggle.

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