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Business & Markets

Friday, July 30, 2010

TransCanada to test legality of Cape Wind pact

A Canadian power company is laying the groundwork for a major legal battle with the...

Bay State economy grows at 6.4 percent clip

The state’s economy expanded at a surprisingly strong clip in the second quarter, but don’t expect it to last,...

Puma City sets up shop for second Hub stint

WORK IN PROGRESS: Puma City remains under construction yesterday on Van Ness Street near Fenway Park. The
three-story structure will include a Puma store and bar, officials say. Puma City will rise again in Boston for the second time in just over a year. ...

BJ’s CEO discusses Pine Street Inn work

ADVOCATE: BJ’s Chief Executive Laura Sen, in her office earlier this month, is a board member and volunteer at the Pine Street Inn. Natick-based BJ’s Wholesale Club operates more than 180 stores, mainly on the...

Speculation swirls over Sanofi offer for Genzyme

Genzyme chief Henri Termeer, left, and Sanofi-Aventis Chief Executive Chris Viehbacher, right. Nervous Genzyme Corp. shareholders could know within a few days exactly how much...

Officials: Mass lawmakers weighing 3 casinos, 2 slots

Three Statehouse officials say House and Senate negotiators are weighing a final proposal to expand legalized gambling in...

Raytheon profits fall on UK contract cancellation

Raytheon Co., the Waltham-based defense contractor, said second-quarter profit dropped on costs related to a border-control contract canceled by the UK government. ...

Stocks regain ground after mixed economic reports

NEW YORK - Stock prices are fluctuating after investors found some upbeat news in the government’s assessment of the economy during the April-June quarter. The...

Stocks drop after 2Q GDP growth slows

NEW YORK — Stocks fell and interest rates rose in the Treasury market Friday after the government said the economy...

Mass. lawmakers agree on wind energy permits bill

Massachusetts lawmakers have reached a compromise on a bill designed to streamline the permitting process for new wind energy...

NC hoping to land Caterpillar plant, 500 jobs

WINSTON-SALEM, N.C. — North Carolina hopes to be picked as the site for a new plant planned by heavy-equipment manufacturer...

The Ticker

Devens power American Superconductor, the Devens-based maker of electrical systems for wind farms and turbines, posted strong quarterly results and raised...

Time to scrap BP brand? Gas-station owners divided

In this file photo made Oct. 25, 2007, the BP (British Petroleum) logo is seen at a gas station in Washington. NEW ORLEANS — BP gas station owners across the country are divided over whether the oil giant stained by its handling...

Dudley to outline BP plans to help Gulf recover

Boom on the La Belle Idee corrals oil in Timbalier Bay, La. Thursday, July 29, 2010 The oil is then soaked up with absorbent boom and disposed. NEW ORLEANS — Incoming BP CEO Bob Dudley was set to outline his company’s long-term efforts to help the...

Recovery loses speed as consumers turn cautious

WASHINGTON — The recovery lost momentum in the spring as growth slowed to a 2.4 percent pace, its most sluggish showing...


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