Boston Related

For these tech grads, the job choice is theirs

Boston Globe Business News - April 18, 2011 - 11:44pm
Joe Ristaino just did something that would have been unimaginable a year or two ago: He turned down a job offer.


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VW presents a sleeker new Beetle

Boston Globe Business News - April 18, 2011 - 10:42pm
NEW YORK — In its 73-year history, the Beetle has evolved from the hippie ride of choice to a cute chick car. Now Volkswagen is reinventing it again.


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Toyota plants open at half capacity

Boston Globe Business News - April 18, 2011 - 10:41pm
TOKYO — Toyota Motor Corp. resumed car production at all of its plants in Japan yesterday for the first time since the March 11 earthquake. The factories will run at half capacity, due to parts shortages.


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Interest rates mixed on Treasury bills

Boston Globe Business News - April 18, 2011 - 10:40pm
WASHINGTON — Interest rates on short-term Treasury bills were mixed in yesterday’s auction, with rates on three-month bills rising to the highest point since late March.


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Home builders’ pessimism deepens

Boston Globe Business News - April 18, 2011 - 10:39pm
WASHINGTON — Builders are more pessimistic about the housing market this month, a dismal sign at the start of the spring buying season.


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High court hears Microsoft appeal in patent lawsuit

Boston Globe Business News - April 18, 2011 - 10:37pm
WASHINGTON — Supreme Court justices yesterday considered making it easier to challenge some patents, reviewing a case that led to changes in Microsoft’s Word software and may force the company to pay a $300 million award.


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Crude prices falter on US debt picture

Boston Globe Business News - April 18, 2011 - 10:36pm
NEW YORK — Oil slipped more than 2 percent yesterday after Standard & Poor’s lowered its long-term outlook for US debt, raising concerns about the economy and expectations of cuts in government spending.


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Citi’s earnings drop less than forecast

Boston Globe Business News - April 18, 2011 - 10:36pm
NEW YORK — Citigroup , the third-largest US bank, reported a 32 percent drop in first-quarter earnings, a smaller decline than analysts estimated, as it cut reserves for future losses and consumer-banking profit rose.


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Citing oil’s cost, GM raises prices

Boston Globe Business News - April 18, 2011 - 10:35pm
DETROIT — General Motors Co. will raise car and truck prices by an average of $123 per vehicle because of higher oil and metal costs.


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Beacon Hospice is sold for $125m

Boston Globe Business News - April 18, 2011 - 10:34pm
Amedisys Inc. , a provider of home health services, has agreed to buy the Boston-based hospice company Beacon Hospice for about $125 million.


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Synthes confirms it’s being wooed by J&J

Boston Globe Business News - April 18, 2011 - 10:32pm
NEW YORK — Synthes Inc. has confirmed it is in talks about a possible takeover by Johnson & Johnson. It is potentially the biggest deal in the 125-year history of J&J, which is trying to recover after pulling more than 50 products off the market since the start of 2010.


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Restructuring of Greek debt is possible

Boston Globe Business News - April 18, 2011 - 10:31pm
NEW YORK — The Greeks reject a debt restructuring out of hand. The European Central Bank fears that such a move would spread financial panic. And, meanwhile, the European Union and the International Monetary Fund insist that their recipe of bailouts combined with sharp spending cuts make restructurings unnecessary.


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Stocks fall on negative outlook for US debt

Boston Globe Business News - April 18, 2011 - 10:30pm
Stocks fell more than 1 percent yesterday after a major US bond rating agency took a dim view of the nation’s budget deficits and said the political path to addressing the problem was unclear.


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Seeking stability, Community Bank consolidating

Boston Globe Business News - April 18, 2011 - 10:25pm
The Community Bank in Brockton, one of a handful of local lenders that ran into trouble after the housing market sank, is taking additional steps to get back on solid financial ground.


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Boston Globe Business News - April 18, 2011 - 10:25pm
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Packbots explore stricken reactor

Boston Globe Business News - April 18, 2011 - 10:24pm
Two robots made by iRobot Corp. of Bedford explored buildings inside Japan’s damaged nuclear reactor Sunday and sent back data that indicated radiation levels are still too high to allow human repair crews to go inside.


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Fast-food king has openings

Boston Globe Business News - April 18, 2011 - 10:21pm
The hiring market is anything but slow for the fast-food king. McDonald’s is holding a national hiring event today to fill 50,000 positions, including 2,200 in Massachusetts — the biggest hiring initiative in company history — to keep up with an uptick in business and a growing number of 24-hour stores. But these jobs, for everything from cashiers to maintenance ...


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Review of Facebook case sought

Boston Globe Business News - April 18, 2011 - 10:01pm
NEW YORK — Cameron and Tyler Winklevoss are seeking review of an April 11 court ruling enforcing a $65 million settlement with Facebook Inc. over their assertions that company founder Mark Zuckerberg stole the idea for the social networking site.


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In switch, Yahoo will keep search records for 18 months

Boston Globe Business News - April 18, 2011 - 9:59pm
WASHINGTON — Yahoo plans to extend the amount of time it retains records on what its users search for online, less than 2 1/2 years after breaking from the other big Internet search engines and promising to delete such data promptly.


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Papa John’s

Boston Globe Business News - April 18, 2011 - 9:59pm
Papa John’s International Inc., the pizza chain, reported late Friday that cochief executive and president Jude Thompson had resigned after a year on the job — the second CEO to leave in about three years. Founder John Schnatter will take on sole responsibility for the CEO duties.


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