Business

Comcast to Drop Mega-Merger

Friday, April 24, 2015

Washington — Comcast is planning to drop its $45 billion merger with Time Warner Cable, after Washington regulators raised concerns that the combined giant would hold too much sway over the rapidly evolving television and entertainment industries, according to people familiar with the matter. The decision caps a spectacular collapse for one of the biggest deals ever to come before federal officials. The merger would have combined the two largest …

Intuit Sued Over TurboTax Security

Thursday, April 23, 2015

Two victims of identity theft have sued Intuit, the maker of TurboTax, claiming that poor security measures contributed to a possible spike in tax fraud this year. In the lawsuit, which was filed Monday in the Northern District Court of California, the two taxpayers accused the company of not taking enough steps to protect customers’ data or to stop criminals from using that …

Tree’s Company: After Fire, Unity Couple Keep Branching Out

Sunday, April 19, 2015

Unity — Sometimes a bronze glow isn’t what it seems. Stan McCumber and his wife, Jenny Wright, have grown accustomed to the question prompted by their perennial mid-winter tans: Have you been in the Caribbean? “Nope. Westminster, Plainfield,” the 67-year-old McCumber replies, naming Vermont and New Hampshire towns where they do big pruning …

Sales of Organic Products Increasing

Sunday, April 19, 2015

Washington — The higher price of organic foods and other products doesn’t seem to be deterring consumers: Sales jumped 11 percent last year, an industry report says. Sales of organics have been rapidly growing since the United States …

Wheels: The Marketing Pitch Has Swagger

Sunday, April 19, 2015

This column is about the 2015 Land Rover Range Rover Evoque sport-utility vehicle. But the annoyance of two General Motors television commercials — one for Buick, the other for Cadillac — keeps grating on my nerves. My mind …

King Arthur Flour Honored as ‘Best for Workers’ by B Lab

Sunday, April 19, 2015

Norwich — B Lab, the Wayne, Pa.-based nonprofit organization that certifies companies on standards of social and environmental performance, accountability and transparency, has named King Arthur Flour to its fourth annual “B Corp Best for Workers” list and …

Theft of Your Medical Records Can Be Life-or-Death Situation

Sunday, April 19, 2015

Identity theft to many people is not a big deal because it has become synonymous with the minor hassle of dealing with a stolen credit card number. You get another card, and you’re not out any money. And it happens so often, we’ve become numb to data-breach headlines. …

Greece Default Fears Shake Stock Markets

Sunday, April 19, 2015

New York — Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday. News that negotiations between Greece and its international lenders were making little progress sent European stock markets down sharply, and the selling spread across the Atlantic. By the …

Money Talk: Business Credit Cards Lack Protections

Sunday, April 19, 2015

Question: I have a business credit card that offers cash rebates. It has an interest rate of 15.24 percent on purchases and 25.24 percent on cash advances. I carry balances in each category. Each month the issuer posts my entire payment to my lower-interest purchases balance and nothing …

Officials See Rising Risks To Recovery

Sunday, April 19, 2015

Washington — World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk. After finance officials wrapped up three days …

Giant College Chain Fined $30 Million

Thursday, April 16, 2015

Los Angeles — U.S. Department of Education dealt a $30 million fine Tuesday to California-based Corinthian Colleges Inc., a for-profit college operator that has been on the brink of collapse following a federal crackdown last year. The Education Department said Corinthian misrepresented job placement rates to students in …

Europe Goes After Google On Anti-Trust

Thursday, April 16, 2015

Europe’s top antitrust regulator, announced Wednesday that she was formally accusing Google of violating European antitrust laws by favoring its search results over those from competitors. While an investigation of Google had dragged on for five years without …

15 Minutes of Viral Fame

Sunday, April 12, 2015

New York — Fifteen minutes of Internet fame can create long-term riches for a small business. Whether it’s a photo that gets shared on social media like the recent controversy over the color of TheDress or a funny …