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Business

Investigation Uncovers Cyberattacks On Military

Thursday, September 18, 2014

Defense contractors recently suffered a barrage of cyberattacks from the Chinese government, according to a Senate investigation released Wednesday that revealed startling vulnerabilities in how the Pentagon transports troops and equipment. Contractors working for the U.S. Transportation Command were successfully hacked about 50 times over a 12-month span that ended in May 2013. Of those, at least 20 were sophisticated intrusions attributed to China, the investigation found. Despite the seriousness …

Spirit Airlines Paves the Way for Bare-Bones Flying

Thursday, September 18, 2014

Miramar, Fla. — When you purchase a ticket to fly America’s fastest-growing and most-criticized airline, here is what you get: a seat, a mini-tray-table, free use of the bathroom, room for your legs, maybe even some room for your knees. You pay for everything else. A printed boarding pass is $10. Water is $3. The right to bring a carry-on is at least …

Wynn Resorts Wins Casino Bid

Wednesday, September 17, 2014

Boston — Wynn Resorts has won the competition for the lucrative Boston-area casino license, besting rival Mohegan Sun largely on the strength of its $1.6 billion project’s economic development potential. The Massachusetts Gaming Commission voted 3-to-1 Tuesday to award the license to the Las Vegas casino giant, which wants to turn a former chemical plant site on the Mystic River in Everett into …

Panera Asks Customers To Leave Guns at Home

Sunday, September 14, 2014

Panera Bread is joining Target Corp. and a few other big companies in asking customers to leave their guns at home. Moms Demand Action for Gun Sense in America, formed as a result of the Sandy Hook school shootings in Connecticut in 2012, said last week that Panera’s …

Whole Foods Launches Grocery Delivery, Pickup Service

Sunday, September 14, 2014

Whole Foods Market announced last week it is launching a new, national grocery delivery and pickup service, part of a major initiative as the Austin, Texas-based organic foods giant looks to expand its footprint against a growing list of fierce competitors. Whole Foods said it is partnering with …

Study: 60% of Millennials Don’t Have a Credit Card

Sunday, September 14, 2014

More than six in 10 millennials don’t have a credit card, and only a minority who do have them pay off the entire balance every month, a new study shows. Bankrate.com, an online publisher of personal finance news, said 63 percent of adults ages 18 to 29 don’t …

California Is at Center of Olive Oil Grading War

Sunday, September 14, 2014

There’s a war over your salad dressing, and the front line has been drawn in California. The Golden State is considering first-of-its-kind grading standards for olive oil that could have far-reaching consequences for the $5.4-billion global industry. The California Department of Food and Agriculture may soon agree to …

Analysis: It’s Tim Cook’s Company Now

Sunday, September 14, 2014

Cupertino, Calif. — When Tim Cook took to the stage to announce the “next chapter in Apple’s story,” he could have been talking about himself. Since he succeeded the late Steve Jobs as chief executive three years ago, …

Analysis: Apple Watch Details May Be Troubling

Sunday, September 14, 2014

The Apple Watch, which is to go on sale early next year with more than 20 different looks and a minimum price of $349, has its share of innovations: A screen made out of sapphire glass on some versions to increase its scratch-resistance. A “digital touch” feature that …

Parents: Be More Realistic About What You’re Saving for College

Sunday, September 14, 2014

Good intentions alone — and maybe cutting out a few restaurant dinners — won’t cover a college tuition bill, of course. But there appears to be a real disconnect between what many parents plan to contribute toward college and how much money they’re saving. Parents on average intend …

Apple Pay May Plug Retail Data Breaches

Sunday, September 14, 2014

A decade ago, a group of Johns Hopkins University graduate students tried to hack one of the first commercially popular Near Field Communication payment systems — the kind of technology at the heart of Apple’s new mobile payment system. It took a few thousand dollars in gear and …

Money Talk: Failure to ‘See’ a Bill Is No Excuse

Sunday, September 14, 2014

Question: After a divorce, I had to start my life over at 62. I got three credit cards. Somehow, I failed to see the online bills for one of them and neglected to pay it. The company didn’t contact me until three months had passed. I got a …

High-Tech Help Wanted: River Valley Community College Touts Manufacturing Program

Sunday, September 14, 2014

Claremont — The towns along the Connecticut River Valley are pockmarked with the remains of mills, a poignant reminder of the days when the region was a manufacturing powerhouse that produced everything from shoes to paper to clothing …