The Ticker

Federal Reserve ends bond-buying program

The Federal Reserve cited an improving economy yesterday as it ended its landmark bond-buying program and pointed to gains in the job market — a key condition for an eventual interest rate hike.

The Fed did reiterate its plan to maintain its benchmark short-term rate near zero "for a considerable time." Most economists predict it won't raise that rate, which affects many consumer and business loans, before mid-2015.

Planned Seaport 10-screen theater complex applies for liquor license

Chicago-based Kerasotes ShowPlace Theatres has applied for a liquor license for its upscale 10-screen ShowPlace ICON Theatre at the One Seaport Square development to be built in South Boston's Seaport District.

The movie theater is slated to include reserved seating and a lobby lounge serving alcoholic drinks.

A groundbreaking is scheduled for next month on the 1.1-million-square-foot One Seaport Square, which will include two 22-story apartment and retail towers. Kerasotes has a 20-year lease and will occupy about 41,375 square feet of third-floor space.

Boston Medical Center sells 3 buildings

Boston Medical Center announced yesterday it has reached an agreement to sell three buildings to Leggat McCall Properties: 660 Harrison Ave., 100 East Canton St. and 720 Harrison Ave. The agreement also includes an option for Leggat McCall to purchase 88 East Newton St. in three years. BMC will continue to occupy buildings included in the sale for varying amounts of time, consistent with clinical and administrative needs, while it completes its planned campus redesign.

Today

 Labor Department releases weekly jobless claims.

 Commerce Department releases third-quarter gross domestic product.

 Freddie Mac, the mortgage company, releases weekly mortgage rates.

TOMORROW

 Commerce Department releases personal income and spending for September.

 Labor Department releases the third-quarter employment cost index.

THE SHUFFLE

The Harpoon Brewery in Boston has announced the promotion of Charlie Storey to president. Since joining Harpoon in 1996, Storey has served as senior vice president of marketing. In his new role Storey will oversee the marketing function, Harpoon's retail and festival enterprises, and have general management responsibilities for the Harpoon Distributing Co.

 George Donnelly is stepping down as executive editor of the Boston Business Journal after 14 years in the role.

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