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Written By Unknown on Sabtu, 17 Agustus 2013 | 00.32

Judge stalls ruling on airline bankruptcy Lawyers for American Airlines pressed a judge yesterday to approve the company's plan to merge with US Airways and exit bankruptcy protection, but the judge delayed a ruling because of the federal government's...
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Low sales dampen trading

Stocks spiraled downward yesterday on lower than expected sales forecasts from key companies and fears the Federal Reserve would soon start scaling back its $85 billion bond-buying program, but experts said the one-day drop in the markets wasn't a cause...
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’EEI assures duo after boss axed

WEEI morning men John Dennis and Gerry Callahan — blindsided by the firing of boss Jason Wolfe yesterday — said they have been assured that station suits want them to be "part of the solution" to the once-dominant sports station's ratings woes. Callahan,...
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Many left waiting for bombing insurance $$

Scores of insurance claims either have been closed without payment or remain open four months after the Boston Marathon bombings, leaving business owners and residents in limbo, according to the state Division of Insurance. Of the 207 claims reported...
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Heat’s a bit off on high apartment prices in Boston

It is no secret that rents for apartments in Boston are expensive, making it difficult for tenants to find affordable places to live. According to Trulia's latest report released in July, rents in Boston rose 4.1 percent compared to the same time last...
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Gas price, payroll tax choke retail spending

Weaker-than-expected same-store sales at U.S. Walmarts point to a lower-income customer who's hampered by higher payroll taxes and gas prices, and not benefiting from an improved jobs market and wage gains. "Low-income and middle-income consumers are...
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State jobless rate shows growth halt

The state's jobless rate is at the highest level since September 2011, continuing a pattern of slowing economic growth, experts said. The rate for July rose to 7.2 percent, the Executive Office of Labor and Workforce Development said yesterday. "It...
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L'Oreal makes $843M bid for Chinese skincare brand

HONG KONG — French cosmetics giant L'Oreal is making an $843 million takeover offer for skincare company Magic Holdings to help it expand in China's fast-growing beauty market. Magic Holdings International Ltd. is the "ideal fit" for L'Oreal SA's existing...
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US builders broke ground on more homes in July

WASHINGTON — U.S. developers broke ground on homes at a faster pace in July. But the rise was all due to apartment construction, which is typically volatile. By contrast, builders began work on fewer single-family homes — the bulk of the market — and...
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GOP votes to ban NBC, CNN from presidential primary debates

Republican National Committee members voted today to ban NBC and CNN and their affiliates from their presidential primary debates if the networks don't ax planned specials on potential White House contender Hillary Clinton which the GOP said "amounts...
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