Robot joins workforce

"Made in China" was for years the calling card of outsourced labor, but manufacturing is slowly coming back to the United States, and one Boston company wants to help drive its resurgence. "Our long-term model for outsourcing labor is broken," Rodney...

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Back-to-school meets Santa Claus

Toys"R"Us and Walmart got a very early jump on the holiday shopping promotions machine this week — for Christmas, not Halloween — by announcing price-matching and layaway policies for the most important sales period of the year. Their unseasonable entree...

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Nasdaq outage practically business as usual

Officials are looking into what caused the Nasdaq to come to a standstill for three hours yesterday, the latest in a growing list of snafus to hit financial markets. The stock exchange sent out an alert shortly after noon, saying it was stopping trading...

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The Ticker

UPS drops some spouses from health benefits plan United Parcel Service Inc. is ending health insurance benefits for U.S. nonunion employees' spouses who can get coverage elsewhere. UPS estimates that 15,000 of the 33,000 spouses it covers can get insurance...

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Oil remains above $105 ahead of US housing data

The price of oil made small gains above $105 a barrel on Friday, ahead of house sales figures that could show further improvement in the U.S. economy. By early afternoon in Europe, benchmark oil for October delivery was up 14 cents to $105.17 a barrel...

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Mass. gambling board chief urges end to dispute

BOSTON — The head of the state gambling commission is urging Boston Mayor Tom Menino and Las Vegas casino mogul Steve Wynn to end their public spat over a proposed casino in Everett. Stephen Crosby, chairman of the state gambling commission, tells The...

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Koch brothers drop pursuit of Tribune papers

The Koch brothers are dropping their pursuit of newspapers owned by the Tribune Co. of Chicago. Koch Industries, run by the billionaire brothers Charles and David, said Friday that it is still interested in the media and is exploring a broad range of...

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Stock market waffles after big drop in home sales

NEW YORK — The stock market flicked between small gains and losses Friday after the government reported a plunge in new-home sales. A boom in housing has supported this year's rally in stocks. Now, the drop in sales has traders worried that the U.S....

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Microsoft says CEO Ballmer to retire in 12 months

NEW YORK — Microsoft CEO Steve Ballmer, who took over the world's largest software company from founder Bill Gates 13 years ago, said Friday that he will retire within the next year. Microsoft Corp. did not name a successor, but the company said it...

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DOJ proposes shorter e-books injunction for Apple

Apple may face a reduced punishment for conspiring with publishers to raise e-book prices under a new proposal from the federal government. The Department of Justice suggested in a court filing Friday that it would halve the length of a proposed injunction...

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