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TRAFFIC ALERT: Fatal wreck on U.S. 67/167 near Cabot slows weekend commute

Friday, August 29, 2014, 9:12 p.m.
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Malaysia Airlines revamp set

posted: 08/28/2014 2:36 a.m. Discuss

Malaysia is preparing to unveil the latest overhaul of its beleaguered, state-owned airline, which is reeling from twin disasters months apart that killed hundreds of passengers.

Business news in brief

posted: 08/28/2014 2:27 a.m. Discuss

Royal Bank of Scotland fined $24 million LONDON -- A British regulator fined Royal Bank of Scotland about $24 million Wednesday for failing to offer proper advice to mortgage customers and criticized the bank for its delays in responding to the initial complaints.

IMF chief Lagarde under investigation in France

posted: 08/27/2014 10:34 a.m. Discuss

PARIS — Christine Lagarde, the chief of the International Monetary Fund, was placed under official investigation for negligence in a French corruption probe that dates back to her days as France's finance minister.

Burger King buying Tim Hortons for about $11 billion

posted: 08/26/2014 8:21 a.m. Comments 2

MIAMI — Burger King says it struck a deal to buy Tim Hortons Inc. for about $11 billion, a move that would give the fast-food company a stronger foothold in the coffee and breakfast market.

U.S. whiskeys face scrutiny from Russia

posted: 08/23/2014 1:55 a.m. Discuss

Jack Daniel's and Jim Beam whiskeys are facing criticism from consumer-safety officials in Russia, adding to mounting scrutiny of American brands in the country.

Market report: Ukraine, Fed talk weigh on stocks

posted: 08/23/2014 1:51 a.m. Discuss

The stock market paused Friday, after four days of gains, after a speech by Federal Reserve Chairman Janet Yellen left investors unsure about how the nation's most important financial voice feels about raising interest rates in the coming months.

Target scales back 2014 forecast

posted: 08/21/2014 2:36 a.m. Comment 1

Target Corp. has reduced its financial outlook twice since Brian Cornell was named chief executive officer three weeks ago. Now the company's new leader has to show he can clear that lower bar.

Business news in brief

posted: 08/21/2014 2:25 a.m. Discuss

Global OK'd for oil by rail; Tesoro waits Just as Global Partners LP gained approval to unload more oil from rail cars at a marine terminal in Oregon, Tesoro Corp. learned its plans for a similar project in neighboring Washington will have to wait.

Solar-cell shortage predicted after glut

posted: 08/20/2014 2:24 a.m. Discuss

The solar industry is facing a shortage of photovoltaic panels, reversing a two-year slump triggered by a global glut.

Business news in brief

posted: 08/20/2014 2:18 a.m. Discuss

Pastures signal U.S. beef supply rebound Signs of a rebound in U.S. beef supplies are taking shape as pasture conditions in the U.S. recover from a 2012 drought that forced ranchers to shrink the domestic herd to a 63-year low.

Economy less peppy, lending dives in China

posted: 08/17/2014 1:56 a.m. Discuss

Chinese lending unexpectedly and drastically slowed in July to the lowest level since the depths of the global financial crisis as a weak property market appeared to drive down demand for new loans despite recent moves to ease credit.

Market Report: News from Ukraine chills stocks

posted: 08/16/2014 1:51 a.m. Discuss

NEW YORK -- Fighting in Ukraine rattled markets on Friday. Reports that Ukrainian forces attacked Russian military vehicles that had crossed the border knocked stock markets down in the afternoon and sent traders into the safety of U.S. government bonds.

Business news in brief

posted: 08/16/2014 1:50 a.m. Discuss

FAA deems flight-share service illegal

Eurozone GDP flat in 2nd quarter

posted: 08/15/2014 2:21 a.m. Discuss

The euro area's recovery unexpectedly stalled in the second quarter as its three biggest economies failed to grow, underlining the vulnerability of the region to weak inflation and the deepening crisis in Ukraine.

Business news in brief

posted: 08/15/2014 2:09 a.m. Discuss

Berkshire climbs to $200,000 per share NEW YORK -- Shares of Berkshire Hathaway Inc. on Thursday traded above $200,000 for the first time, further validating Chairman Warren Buffett's vision for building wealth at the company he's run for almost five decades.

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