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US added unexpectedly strong 204,000 jobs in Oct.

Written By Unknown on Sabtu, 09 November 2013 | 00.32

WASHINGTON — A burst of hiring in October added a surprisingly strong 204,000 jobs to the economy in a month when the government was partly shut down for 16 days. And employers added far more jobs in August and September than previously thought. The...
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Lawyers wrapping case in Detroit bankruptcy trial

DETROIT — Objectors to a Detroit bankruptcy are confusing careful and deliberate planning by state officials with pursuing bankruptcy at all costs, attorneys representing Detroit's state-appointed manager argued Friday. They "want to punish the governor...
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Facebook already likes having office in Cambridge

It's a homecoming for Facebook — at least partially— and the social media giant's new neighbors are expecting the company to do more than just occupy space. The social network, founded at Harvard by Mark Zuckerberg and others, announced yesterday it...
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Massachusetts economy’s running ahead of U.S.

A recovering housing market and resilient consumers boosted the Bay State economy in the third quarter, but federal fiscal policies continue to restrain growth, according to a University of Massachusetts journal. Massachusetts real gross domestic product...
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The Ticker

Markets take hit Frenzied buying in Twitter shares grabbed Wall Street's attention yesterday, as the social media stock surged well above expectations, while major indexes fell, with the S&P 500 suffering its worst daily decline since August. The...
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Twitter stock closes 73% above IPO price

Shares of Twitter skyrocketed yesterday on its first day of trading on the Nasdaq in what analysts said was an emotional reaction to the highly anticipated, high-profile IPO. "It's a passion play," said Max Wolff, chief economist at ZT Wealth. "Buying...
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Worcester health insurer lays off 62 workers

WORCESTER, Mass. — A Worcester-based health insurance provider has announced that it is laying off 62 workers, or about 6 percent of its total workforce. Fallon Community Health Plan President and Chief Executive Patrick Hughes said in a written statement...
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NBC wins space race, will televise Branson flight

NEW YORK — NBC has won the television space race. The network announced Friday it has signed a deal with Richard Branson's Virgin Galactic to televise the company's first commercial space flight. Branson and his two adult children, Holly and Sam, will...
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CBS admits error in Benghazi '60 Minutes' story

NEW YORK — CBS News said Friday that it was misled by a "60 Minutes" source who claimed he was on the on the scene of a 2012 attack on the U.S. mission in Benghazi, Libya when it now turns out there are serious doubts about whether he was. Reporter...
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No Joke!: The Onion ending last print editions

CHICAGO — In poking fun at current events, satirical newspaper The Onion often finds a way to heap ridicule on the newspaper industry. But just like some news outlets it lampoons, The Onion announced Friday it is ending the last of its print editions...
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