Business

Financial Advisers Don’t Care About Millennials, and Vice Versa

Sunday, May 24, 2015

The investment industry has an age discrimination problem, and millennials and Generation X are bearing the brunt of it. Only 30 percent of financial advisers are actively looking for clients under age 40, according to a survey of 500 advisers by the research firm Corporate Insight. Advisers prefer older clients for a simple reason: Most advisers get paid based on a percentage of the assets they manage. And typical households …

Woes of Password Protection

Sunday, May 24, 2015

Pittsburgh — High on the White House’s hit list: The series of letters, numbers and symbols you type in when you access everything from your bank account to your Netflix list. “Kill the password dead as a primary security measure,” urged Michael Daniel, the president’s cybersecurity coordinator, at the International Conference on Cyber Engagement, held recently at Georgetown University in Washington, D.C. As …

Outside-the-Box Thinking by Honda

Sunday, May 24, 2015

When the Japanese automaker last redesigned the Pilot in 2009, Honda designers gave the three-row crossover the look of a true SUV, with big, boxy proportions. While successful, the model lacked the conservative, sophisticated elegance that buyers had come to expect. This has been rectified with the release of the 2016 Honda Pilot. …

Video at Core Of Verizon’s AOL Purchase

Wednesday, May 13, 2015

Washington — With its $4.4 billion purchase of AOL Inc., telecommunications giant Verizon Communications Inc. expands its empire with new online video offerings, advertising technology and a stable of well-known sites, including Huffington Post and TechCrunch. Of those, video might be the big draw, said Angelo Zino, senior …

FairPoint Weighs Sale or Merger

Tuesday, May 12, 2015

FairPoint Communications announced last week it had another net loss in the first quarter, despite saving $680.3 million on retirement benefits through its new collective bargaining agreement. The first-quarter earnings report is FairPoint’s first major financial announcement since company officials signed a new collective bargaining agreement in February …

Driverless Semis Might Precede Cars

Monday, May 11, 2015

Las Vegas — Traveling about 55 miles per hour on a Nevada highway, the big rig’s driver looked like The Thinker, with his elbow on the arm rest and his hand on his chin. No hands on the …

Keeping an Eye on Mom and Dad

Sunday, May 10, 2015

San Francisco — Each time 81-year-old Bill Dworsky or his 80-year-old wife Dorothy opens the refrigerator, closes the bathroom door or lifts the lid on a pill container, tiny sensors in their San Francisco home make notes on …

Connecting Producers, Investors: ‘Slow Money’ Movement Seeks to Grow Vermont’s Food System

Sunday, May 10, 2015

White River Junction — A new nonprofit that promotes investment in a sustainable local and regional food system held its first entrepreneur showcase last week. The sold-out event at the Coolidge Hotel reflected one of Slow Money Vermont’s …

Panera Is Latest to Cut Artificial Additives

Sunday, May 10, 2015

When Panera Bread said last week that it would drop artificial additives from its menu, it joined a blitz of restaurants responding to customers’ desire for healthier food. Chipotle said recently that it would eliminate genetically modified ingredients, while McDonald’s pledged to use antibiotic-free chicken. Their efforts reflect …

Consumer Confidential: Bank of America’s $12 Charge for Depositing a Check That Bounces Is Another Spurious Bank Fee

Sunday, May 10, 2015

The road to corporate greed is paved with nickel-and-dime bank charges. Want a paper statement? That’ll cost you a few bucks. Not making enough deposits or withdrawals? That’ll result in an inactivity fee of as much as $10. Don’t meet minimum balance requirements? Here’s your monthly $25 account …

8 Signs of Credit Problems

Sunday, May 10, 2015

Credit troubles often begin inconspicuously, yet there are signs all along the way before these troubles become unmanageable. Being alert to these warnings allows you to make the necessary changes to prevent a future of financial worries. Having a credit card isn’t bad when you use it for …

Unsolved Mysteries, Airbag Edition

Sunday, May 10, 2015

Detroit — After months of testing by air bag maker Takata and an independent panel of engineers, there’s still no clear answer why some air bags are blamed for killing drivers after being triggered and spraying metal shrapnel. …

Wheels: Volvo XC60 Is Nice Car, but It Lacks Competitors’ Value

Sunday, May 10, 2015

Money matters. A cursory glance at recent developments in the global automobile industry indicates as much. Mercedes-Benz, long among the world’s leading purveyors of luxury metal, saw its first-quarter profit double. GM and Ford, although doing much better …