Business

A woman waits in a classic American car that's used as a shared taxi by commuters in Havana, Cuba, early Thursday, Dec. 18, 2014. After a half-century of Cold War acrimony, the United States and Cuba abruptly moved on Wednesday to restore diplomatic relations _ a historic shift that could revitalize the flow of money and people across the narrow waters that separate the two nations. (AP Photo/Ramon Espinosa)

Hope and Some Fear In Cuba Amid Change

Friday, December 19, 2014

Havana — The restoration of diplomatic ties between Cuba and the United States unleashed expectations Thursday of even more momentous changes on an island that often seems frozen in a past of classic cars and crumbling Art Deco buildings. On the first full day after the surprise announcement, many Cubans expressed hope that it will mean greater access to jobs …

Environmentalists Applaud New York’s Imminent Ban on Fracking

Thursday, December 18, 2014

Albany, n.y. — Handing environmentalists a breakthrough victory, New York plans to prohibit fracking for natural gas because of what regulators say are unexplored health risks and dubious economic benefits. New York, which overlies part of the gas-rich Marcellus Shale formation that has led to a drilling boom in Pennsylvania and other nearby …

U.S., Cuba Restore Relations

Thursday, December 18, 2014

Washington — After a half-century of Cold War acrimony, the United States and Cuba moved on Wednesday to restore diplomatic relations — a historic shift that could revitalize the flow of money and people across the narrow waters that separate the two nations. President Obama’s dramatic announcement in Washington — seconded by Cuban …

Consumer Confidential: Understanding the Pitfalls of Reverse Mortgages

Sunday, December 7, 2014

Retirement is an increasingly scary prospect. Some experts say a couple will require at least $2 million to live comfortably. Some say you should have at least 10 times your annual salary socked away. My wife and I have been aggressive savers but we’re nowhere close to these …

Apple Pay Facing A Big Test With Holiday Shopping

Sunday, December 7, 2014

Cupertino, Calif. — Apple Pay hasn’t made the wallet obsolete just yet. But since launching its mobile payments system, Apple has deftly sidestepped problems that flummoxed other tech giants, delivering a smooth experience at the register and steadily grabbing more territory in the mall, analysts say. That’ll come …

Virginia Brewery Taps 300-Year-Old Beer Recipe

Sunday, December 7, 2014

Richmond, Va. — What do you get when you combine water, American persimmons and hops and ferment it with yeast? A beer based on a 300-year-old recipe scribbled in a cookbook kept by Virginia’s prominent Randolph family. Ardent …

Brothers to Open New Pub in Newbury, N.H.

Sunday, December 7, 2014

Newbury, n.h. — The outdoor sign o n the abandoned restaurant at the Sunapee traffic circle on Route 103 in Newbury announces the news in capital letters: “THE BOYS ARE BACK IN TOWN.” It’s been a long time — 23 years, an entire generation — and the town …

A Reborn Sedan Breaks From Its Past

Sunday, December 7, 2014

The 2015 Chrysler 200 sedan is a motorized version of the Affordable Care Act. In this case, it is a well-conceived, exceptionally well-executed midsize family sedan that is attractive, complete (when ordered with Premium Group equipment) and affordable, …

Proposed Pension Cuts Would Hit Current Retirees

Sunday, December 7, 2014

Washington — Congress could soon allow the benefits of current retirees to be cut as part of an agreement to address the fiscal distress confronting some of the nation’s 1,400 multi-employer pension plans. Several unions and pension advocates oppose the move, which would be unprecedented, say that permitting …

Quiz: Are You Smart Enough to Retire?

Sunday, December 7, 2014

When are reverse mortgages due? What triggers early withdrawal penalties? What exactly is covered by Medicare again? Retirement planning is hard, and most people struggle to understand the fundamentals, according to a new report by the American College of Financial Services, a nonprofit that educates financial advisers. Only …

Money Talk: Updates to Auto-Pay Programs Are Your Responsibility

Sunday, December 7, 2014

Question: We’ve had three cases of credit card fraud. Each time, the credit card company issued new cards with new numbers and canceled the old ones (along with the fraudulent charges). We had nine monthly auto-payment authorizations set up, and we seethed at the fact that the card …

Job Drop Shows Weak Canadian Market

Sunday, December 7, 2014

Ottawa — Fewer jobs coupled with slowing exports point to a tentative economic recovery in Canada, even as the U.S. labor market powers ahead. Canadian employment fell by 10,700 last month, led by a drop in retail positions, while the unemployment rate rose to 6.6 percent from a …

Randolph Wreaths Glow Solar

Sunday, December 7, 2014

Randolph — Solar energy has been developed to power homes, business, municipalities, cars and planes. Now, a Randolph firm has adapted it for a heretofore underserved energy need: lighting Christmas wreaths. LEDdynamics Inc., which develops and manufactures light-emitting …