AG pushes energy reform at retail confab

State Attorney General Martha Coakley would like to see the state tackle energy in the same way it's approaching health care reform. Energy, like health care, is a major cost-driver for small businesses, Coakley said in a keynote address at the Retailers...

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Ikea regrets use of forced labor in East Germany

BERLIN — Swedish furniture giant Ikea expressed regret Friday that it benefited from the use of forced prison labor by some of its suppliers in communist East Germany more than two decades ago. The company released an independent report showing that...

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US industrial production drops 0.4 percent

WASHINGTON — Superstorm Sandy depressed U.S. industrial output in October, while production of machinery and equipment declined sharply, reflecting a more cautious outlook among businesses. The Federal Reserve says industrial output fell 0.4 percent...

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Foreign holdings of US debt hit $5.46 trillion

WASHINGTON — Foreign demand for U.S. Treasury securities rose to a record level in September for the ninth straight month. The increase suggests overseas investors are confident in U.S. debt despite a potential budget crisis. The Treasury Department...

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Hostess shutdown hits Mass. workers in stomach

Hostess Brands Inc., whose sweet treat roster includes Twinkies, Ding Dongs and Ho Ho's, filed a motion today in bankruptcy court seeking permission to shut down its business and sell its assets, including its iconic brands and facilities. The company,...

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Cruiseport Boston books record season

Cruiseport Boston finished the 2012 season with a record 380,054 cruise vacationers, a 23 percent spike over 2011, according to the Massachusetts Port Authority. Fueling the surge was Carnival Cruise Lines' "Carnival Glory," which began cruising from...

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Convention center seeking hotel developers

The Massachusetts Convention Center Authority said today it has issued a request-for-proposals seeking development teams for two privately financed mid-priced hotels, totaling between 400 and 500 rooms on nearly three of the 5.6 acres of land the organization...

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'The D.A. Show' overnight success on CBS Sports Radio mother ship

CBS Sports Radio said today Damon Amendolara will host the network's weekday overnight show, which will debut Wednesday, Jan. 2, 2013. "The D.A. Show" will be heard on select stations in 12 major U.S. cities from 2 a.m.-6 a.m. on air, streaming online...

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The Davis Cos. raises $414M for second investment fund

The Davis Companies said it has completed fund raising for its second discretionary commingled investment vehicle, Davis Investment Ventures Fund II, with nearly $414 million of total commitments from institutional and high net worth investors. The...

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Glaxo's Avandia settlement will mean $2.1M for Massachusetts

A nationwide $90 million settlement with drugmaker GlaxoSmithKline LLC will bring more than $2.1 million to the Commonwealth, according to state Attorney General Martha Coakley. Coakley's office has joined 37 other states in the settlement with GlaxoSmithKline,...

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