Business

Shops Small, But Mighty

Friday, November 28, 2014

Norwich — Will plaid become the new black? To offset the gravitational pull of people into big-box stores during the post-Thanksgiving frenzy known as Black Friday, Norwich Bookstore co-owner Liza Bernard is inviting community-minded customers to don an item of plaid clothing — a shirt, skirt, scarf or socks — in recognition of “Plaid Friday,” which celebrates “the diversity and creativity of independent businesses” on the busiest shopping day of …

Snow Makes Thanksgiving Travel ‘A Little Hairy’

Wednesday, November 26, 2014

Mineola, n.y. — A sloppy mix of rain and snow rolled into the Northeast on Wednesday just as millions of Americans began the big Thanksgiving getaway, grounding hundreds of flights and turning highways hazardous along the congested Washington to Boston corridor. By early evening, more than 700 flights had been canceled, the bulk …

Nestle’s Next Food Frontier: Exercise in a Bottle

Monday, November 24, 2014

Zurich — Tucked away near Lake Geneva, a handful of Nestle scientists are quietly working on realizing every couch potato’s dream: exercise that comes in a bottle. The world’s biggest food company, known for KitKat candy bars and Nespresso capsules, says it has identified how an enzyme in charge of regulating metabolism can be stimulated by a compound called C13, a potential first …

Money Talk: Surviving Children Not Responsible for Mother’s Credit Card Debt

Sunday, November 16, 2014

Question: My mother, who is widowed, has credit card debt. When she dies, are my sister and I responsible for that debt? There is no estate, but she does have a small amount of life insurance that mainly would go toward her funeral expenses and fixing things in …

Morgan Stanley Pushed Murky Chinese Stock

Sunday, November 16, 2014

Washington — The Associated Press discovered significant discrepancies between financial records and what a Chinese company backed by U.S. banking giant Morgan Stanley reported as part of its $654 million stock offering. Issues of murky financial information and …

On Facebook, Many Ads for Luxury Goods Lead to Counterfeit Sellers

Sunday, November 16, 2014

Milan — One out of four Facebook advertisements for cut-price luxury goods such as Louis Vuitton handbags and Ray-Ban Aviator sunglasses links to websites selling counterfeit items, according to findings by two independent cybersecurity researchers. Ads touting offers like $180 designer eyewear for less than $30 linked to …

Americans High on Economy

Sunday, November 16, 2014

Washington — Americans’ views of the economy climbed last week to the highest level in almost seven years as the labor market strengthened and gasoline prices kept falling. A Bloomberg measure of perceptions about the world’s largest economy increased to 28.9 in the period ended Nov. 9, the …

Amazon, Publisher Reach Accord

Friday, November 14, 2014

Washington — Amazon.com and the Hachette Book Group announced Thursday that they have reached an agreement to end their long-running dispute over e-book pricing. The fight escalated to such a level that Amazon did not offer discounts on books written by Hachette authors and prevented customers from pre-ordering …

Study: Owning a Home Is Overrated

Wednesday, November 12, 2014

Washington — U.S. home prices crashed 43 percent between 2005 and 2012, yet polls find that the vast majority of Americans still consider homeownership to be a good idea and the best way for average people to build wealth. But is it? For more than 40 million households …

Chairman, Obama Split On Internet

Wednesday, November 12, 2014

Washington — Hours after President Obama called for the Federal Communications Commission to pass tougher regulations on high-speed Internet providers, the agency’s Democratic chairman told a group of business executives that he was moving in a different direction. Huddled in an FCC conference room Monday with officials from …

Job Seekers Flock to Store’s Fair

Tuesday, November 11, 2014

Claremont — A retired professional who wants to work several hours a week, a teen who needs another part-time job, a full-time retail manager looking to switch jobs and a mother of three who needs to earn extra …

Trading Gas for Solar

Sunday, November 9, 2014

Detroit — Owners of electric vehicles have already gone gas-free. Now, a growing number are powering their cars with sunlight. Solar panels installed on the roof of a home or garage can easily generate enough electricity to power …

Consumer Confidential: The Ethics of Paying to Be Honored for Ethics

Sunday, November 9, 2014

Peter Humber was watching TV at his home recently when an ad for Blue Shield of California came on. “We’ve been named one of the world’s most ethical companies,” the ad said. “Hey, remember when things like ethics mattered?” Humber, 78, couldn’t believe what he was hearing. “They’re …