Business

FILE - In this Sept. 16, 2003 file photo, clerks shout in the Euro Dollar Futures pit at the Chicago Mercantile Exchange. Most pits in Chicago and New York where traders bet on future prices of palladium and gold, cattle and corn and dozens of other commodities are expected to close for good on Monday, July 6, 2015. (AP Photo/Anne Ryan, File)

Traders Recall ‘Rush’ and ‘Roar’ as Famed Futures Pits Set to Close

Monday, July 6, 2015

New York — Pete Meegan had every intention of going back to college, but then he got a summer job in the Chicago trading pits and fell in love with the “roar” of the floor, the excitement of “4,000 people yelling, ‘Buy! Buy! Buy!’ ” and decided no more classroom for him. That roar will soon go silent. Today, most …

Greek Crisis Could Affect U.S.

Monday, July 6, 2015

The financial crisis in Greece has upended the lives — and livelihoods — of residents of the Mediterranean nation. The shutdown of the banking system has resulted in long lines at ATMs to withdraw a daily maximum of just 60 euros, about $67. Citizens have stockpiled food and fuel, leading to empty shelves at grocery stores and crowded gas stations. Business leaders have …

Social Security Q&A: Will Same-Sex Couple Qualify for Benefits?

Sunday, July 5, 2015

Question: My same-sex partner and I recently married. Will we qualify for Social Security benefits? Answer: You may be eligible to apply for Social Security benefits. Many factors affect your eligibility for benefits, including how long you worked and your age. Social Security encourages you to apply for benefits right away, even if you aren’t sure you’re eligible. Applying now will protect you …

Report: Millennials Shun Workplace Charity

Sunday, July 5, 2015

We know that millennials are different. They’re not working the same way as their parents. They aren’t marrying in the same way. And they aren’t motivated by work to give to charity or volunteer. But that doesn’t mean they’re more selfish than their parents, according to a new …

Vermont’s Energy Future Is Focus of Regional Forums

Sunday, July 5, 2015

Woodstock — A series of regional public forums about Vermont’s energy future will begin on July 9 from 5:30-8 p.m. at Billings Farm and Museum. Vermonters are invited to share their thoughts about how the state can meet its energy goals and needs in the coming years, the …

Milk Supplies Overwhelming Dairies in U.S.

Sunday, July 5, 2015

Chicago — There’s so much milk flowing out of U.S. cows these days that some is ending up in dirt pits because dairies can’t find buyers. Domestic output is set to be the highest ever for a fifth straight year. Farmers are still making money as prices tumble …

Stocks Slip on Jobs , Greek Fears

Sunday, July 5, 2015

New York — Stocks ended a short and tumultuous trading week with slight losses on Thursday as investors sought safety ahead of an extended holiday weekend. Investors bought at the opening of trading after a Labor Department report on job creation suggested the economy was improving, though not …

Airline Probe: Was It Just Business as Usual?

Sunday, July 5, 2015

Washington — As the Justice Department launches an investigation into possible collusion in the airline industry, experts say the government faces the burden of proving that carriers were deliberately signaling business decisions to each other. Airlines routinely increase flights based on demand. A particularly cold winter in the …

Market Basket Movie Nears Release

Thursday, July 2, 2015

Boston — One of the most remarkable work stoppages in U.S. labor history soon will be the subject of a documentary film. Food Fight: Inside the Battle for Market Basket is being edited and is scheduled to be released in the fall, said director Jay Childs, a New …

Obama Proposes Changes to Overtime Pay

Wednesday, July 1, 2015

Washington — Here’s a convenient way of getting more work out of your employees, without paying the required time-and-a-half pay for anything over 40 hours a week: Call them “managers.” Currently, these so-called white collar workers are exempt from overtime if they make more than $455 a week …

Tuesday, June 30, 2015

Like all states, Vermont faces its own obstacles when it comes to growing the economy. Joan Goldstein, a Royalton resident and Vermont’s recently appointed commissioner of economic development, places the need for skilled workers, built space, infrastructure and …

SCORE Stories: For Math Major, Art Career Adds Up

Tuesday, June 30, 2015

Hand-painted canvas floor coverings were not uncommon in Colonial days. They went out of vogue when mass-produced linoleum became a relatively inexpensive and practical way to cover well-trafficked floors like kitchens and hallways. Lisa Curry Mair, the owner …

Women and Business: Margo Baldwin’s Unlikely Path to Publishing Leader

Tuesday, June 30, 2015

Margo Baldwin’s career path has been anything but traditional. It includes studying different subjects at colleges on both coasts, a big career change, a year in Mexico and a 10-year break from her business, Chelsea Green Publishing. Modest, …