Sunny
54°
Sunny
Hi 73° | Lo 52°

Business

Market Basket meat manager Bob Dietz, of Methuen, Mass., center, raises his arms in celebration after watching a televised speech by restored Market Basket CEO Arthur T. Demoulas at a store location, Thursday, Aug. 28, 2014, in Chelsea. A six-week standoff between thousands of employees of the New England supermarket chain and management has ended with the news that beloved former CEO Demoulas is back in control after buying the entire company. Demoulas made his speech to workers in Tewksbury, Mass. (AP Photo/Steven Senne)

‘The End of the War’

Friday, August 29, 2014

Boston — As Arthur T. Demoulas made a triumphant return Thursday to lead the Market Basket supermarket chain, it was the words of his employees that summed up their fierce loyalty to him that led to a remarkable workers’ revolt that nearly crippled the New England chain but eventually put him back on top. “We did it for you!” one …

Springfield Hospital Pleads Case

Wednesday, August 27, 2014

Montpelier — Executives of Springfield Hospital told a hearing of the Green Mountain Care Board on Tuesday that the hospital was on track to post a $1 million operating loss in the fiscal year that ends Sept. 30, then faced skeptical questioning about the hospital’s request for a 5.1 percent revenue increase. “If I give you this money, what does it get me …

Burger King Orders Up A Side of Tax Inversion

Wednesday, August 27, 2014

Toronto — Canada has become the latest frontier for U.S. companies fleeing the high cost of business, spurred by low corporate taxes and a policy that keeps international earnings out of the clutches of the Internal Revenue Service. Burger King, the second-largest U.S. burger chain, agreed to acquire Oakville, Ontario-based Tim Hortons on Tuesday for about $11.4 billion in a deal that creates …

Harley-Davidson’s New Road Glide Adds Technology

Sunday, August 17, 2014

It’s been a month since Harley-Davidson delivered a one-two punch of innovative new product. After bringing its Street beginner bikes to market, it followed up with the sacrilegious all-electric LiveWire that continues to send ripples through the industry. …

Energy Stocks Rally As Oil Prices Climb

Sunday, August 17, 2014

New York — U.S. stocks on Friday erased losses as increasing violence in Ukraine sent oil prices to the biggest increase in a month and spurred a rally in energy producers. Anadarko Petroleum, Cimarex Energy and Kinder Morgan led a measure of oil and natural gas producers in …

NRC Watching Mass. Plant

Sunday, August 17, 2014

Plymouth, Mass. — An electronic indicator that would help regulate the flow of coolant into the Pilgrim nuclear reactor during a severe accident was found to be on the fritz during testing Tuesday, a situation that had operators scrambling to fix the problem. Plant watchdogs responded by citing …

More Ride Ferry to Canada

Sunday, August 17, 2014

Portland — The number of passengers sailing on the Nova Star cruise ferry between Portland and Yarmouth, Nova Scotia, nearly doubled in July from the previous month, but the passenger count was lower than many had hoped it would be at the height of the summer tourist season. …

Beware of Borrowing From Your 401(k)

Sunday, August 17, 2014

Question: My wife stopped working and started staying home when we had our little ones. Now we have a lot of credit card debt we’d like to get rid of. Assuming I have a solid 401(k) balance for my age, is it wise to take a loan from …

Women Outperform Men on Kickstarter

Sunday, August 17, 2014

Women still face disparities in the workplace — female workers on average are paid 77 cents for every dollar male workers make and only 4.2 percent of chief executives at Fortune 500 companies are women. But a recent study shows women outperform men in raising money online via …

Fed: Don’t Fear Auto Loans

Sunday, August 17, 2014

A surge in lending to would-be car owners with low credit scores has sparked fears of a bubble, but top government economists say there is no reason to panic because subprime loans still comprise a smaller portion of the market than before the financial crisis. Concerns that auto …

Google Armors Sea Cables To Protect From Shark Bites

Sunday, August 17, 2014

Just in time for Shark Week comes news that Google has had to protect its underwater cables from biting sharks. Google is wrapping its trans-Pacific cables in layers of armor to protect from sharks, a product manager for the Mountain View, Calif., tech company said last week, according …

E-Cig Blamed in Logan Evacuation

Sunday, August 17, 2014

Boston — Federal authorities should consider further restrictions for electronic cigarettes on planes, airport officials said after one of the devices apparently started a small fire that forced passengers to briefly evacuate a plane last weekend. Ed Freni, director of aviation at the Massachusetts Port Authority, which operates …

Plant Waters Are the Hot Beverage Market Trend

Sunday, August 17, 2014

Coconut water, maple water, even birch and cactus waters. A quick inventory of beverages in the produce section makes it clear — plant waters are rising. Soda and non-fresh juice sales are flat or slipping slightly, but plant-based …