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Business

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 a gleaming casino resort. A final vote …

Going Green In Vermont Hits Milestone

Monday, September 15, 2014

Burlington — Vermont’s largest city has a new success to add to its list of socially conscious achievements: 100 percent of its electricity now comes from renewable sources such as wind, water and biomass. With little fanfare, the Burlington Electric Department crossed the threshold this month with the purchase of the 7.4-megawatt Winooski 1 hydroelectric project on the Winooski River at the city’s …

Social Security Q&A: Will Private Policy Reduce Disability Benefit?

Sunday, September 14, 2014

Question: I’m thinking about getting disability protection from a private company. If I become disabled and have a private policy, would it reduce my Social Security disability benefit? Answer: No. Having private insurance does not affect your eligibility for Social Security disability benefits. But you may be interested to know that workers’ compensation and certain other public disability payments may affect your Social …

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 …

Top Executives Giving Up on U.S. Workers

Sunday, September 14, 2014

Three years ago, Harvard Business School asked thousands of its graduates, many of whom are leaders of America’s top companies, where their firms had decided to locate jobs in the previous year. The responses led the researchers to declare a “competitiveness problem” at home: HBS Alumni reported 56 …

Benefits, Not Just Paychecks, Have Fallen on Hard Times

Sunday, September 14, 2014

Paychecks have been disappointing investors for years, but that’s not all that’s been putting pressure on household spending. While companies have been stingy with raises since the 2008 recession, they’ve also been whittling away at benefits for the last five years. So in many cases, workers have had …