News and articles about Business

• Stocks slightly higher after debt deal in Greece

  10 Feb, 2012, Boston Globe

  The stock market finally got the deal it wanted from Greece on Thursday, but investors weren't sure what to think of it.
  
  
  

• Bernanke: Economy faces 'significant headwinds'

  03 Feb, 2012, Los Angeles Times

  In what has become a familiar refrain from the chairman of the Federal Reserve,  Ben S. Bernanke described the economic recovery Thursday as “frustratingly slow” and said that “significant headwinds” face consumers and the broader economy.

  
  

  

• Officials say $25-billion foreclosure deal will help heal market

  10 Feb, 2012, Los Angeles Times

  In unveiling a landmark $25-billion settlement of investigations of foreclosure abuses, federal and state officials said Thursday they were holding the nation’s five largest mortgage servicers accountable for the problems while also providing help to up to 2 million homeowners affected by the collapse of the housing market.

  
  

  

• In tight local market, no relief for renters, apartment hunters

  27 Jan, 2012, Boston Globe

  Rents in the Boston area hit record highs in the last quarter of 2011, pushed up by increased demand and declining inventory, maintaining its reputation as one of the country’s most expensive places to live. Average monthly rents in the metropolitan Boston area, loosely defined as within Interstate 495, jumped to $1,686 between October and December, compared with $1,649 during the same period the previous year and $1,600 in 2009.
  
  
  

• Spain: arrests at anti-labor market reform protest

  12 Feb, 2012, Boston Globe

  Nine people were arrested early Saturday after scuffles broke out between police and protesters after the government approved sweeping labor market reforms aimed at reviving Spain's ailing economy.
  
  
  

• Economy gains as businesses spend more, fire less

  27 Jan, 2012, Boston Globe

  Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers.
  
  
  

• Obama Introduces Plan to Cut Corporate Tax Rate

  23 Feb, 2012, New York Times

  With his proposal, President Obama enters a debate with Republican lawmakers and candidates who seek even lower taxes for businesses.

• On the verge of its IPO filing, let's look at Facebook's Boston connections

  02 Feb, 2012, Boston Globe

  By Scott Kirsner, Globe ColumnistFacebook is always going to be thought of in Boston as "the other one that got...
  
  
  

• Dow breaks 13,000 for first time since '08 crisis

  22 Feb, 2012, Boston Globe

  The Dow Jones industrial average crossed 13,000 on Tuesday for the first time since May 2008, when the Lehman Brothers investment bank was solvent, unemployment a healthy 5.4 percent and the worst of the Great Recession months ahead.
  
  
  

• Will Facebook make investors like social media?

  02 Feb, 2012, Boston Globe

  Initial public offerings from social media companies have been underwhelming so far, but the expected Facebook IPO could raise up to $10 billion and reverse the Wall Street curse.