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Monday, January 5, 2009

Faneuil Hall operator stalls on debt as Simon Property grows

FESTIVE: Christmas shopping brought out the crowds at the Burlington Mall, owned by Simon Property Group, which is well-positioned for the recession because it has expanded modestly in recent years.
By Thomas Grillo /  / Herald Highlight: Mall Survival
Why is one of the area’s biggest mall operators expanding during the current recession while the other is scrambling...

Citgo suspends fuel-assistance program

By Jay Fitzgerald
Citgo has suspended its fuel-assistance program for low-income homeowners, putting added financial pressure on Joe Kennedy’s...
  1. Comments10 Comments

Investors collect profits after last week’s rally

By Associated Press
NEW YORK — Caution returned to Wall Street today as investors gave back some gains from last week’s rally even as they found some encouragement...

Lexington’s Indevus to be sold

By Greg Turner
A Pennsylvania drug developer will scoop up Indevus Pharmaceuticals Inc. of Lexington for around $637 million, in the first big Bay State buyout deal of...

Deval Patrick: James Aloisi’s Big Dig experience can help state

By Associated Press
BOSTON — Gov. Deval Patrick is defending his choice to be the transportation secretary. Patrick says James Aloisi...
  1. Comments2 Comments

Congressmen sound off against SEC in Madoff affair

By Associated Press
WASHINGTON — Republican and Democratic House members said Monday that the alleged $50 billion fraud involving Wall Street figure Bernard Madoff reflects...

Dem aide: Barack Obama supports $300B tax cut plan

President-elect Barack Obama meets with House Speaker Nancy Pelosi of Calif. in her office on Capitol Hill in Washington, Monday.
By Associated Press
WASHINGTON — President-elect Barack Obama, commencing face to face consultations...
  1. Comments3 Comments

Feds consider protection for Atlantic wolffish

By Associated Press
BOSTON — An independent team is expected to review scientific and commercial data to determine whether to grant federal protection for the Atlantic wolffish. The...

The Outlook

By Staff and wire reports
TODAY MADOFF HEARING: The House Financial Services Committee addresses the Bernard Madoff scandal. A major focus of the hearing is expected to...

New book looks at where the jobs are

By McClatchy Newspapers
Ever thought of becoming a pharmacist? Or an economist? How about a veterinarian? These are some of the highest paying recession-proof jobs, according...

World stocks rise on US rally, stimulus hopes

SIGNS OF TIMES: Banners go up at the Las Vegas Convention Center for the scaled-back CES event.
By Associated Press
HONG KONG — Asian stock markets rose strongly Monday, with benchmarks in Hong Kong and Shanghai gaining more than...

Tyson Foods’ CEO resigns effective immediately

By Associated Press
SPRINGDALE, Ark. - Tyson Foods says its president and chief executive, Dick Bond, is stepping down immediately and will be replaced on an interim basis by former...

Working Mother founder looks ahead

By Cindy Krischer Goodman  / McClatchy Newspapers
Now is an ideal time to look at whether working women are advancing and how they will fare as a new administration leads our country. Who better to discuss...

Bernard Madoff victims sell kitsch in bid to recoup funds

By Associated Press
Did you get fleeced by Bernard Madoff? Or did you buy that Madoff Securities fleece jacket on eBay? Madoff, who was arrested last month after allegedly...

Business owners rip Newark, N.J., barbed wire ban

By Associated Press
NEWARK, N.J. - Some business owners in this crime-plagued city say recent enforcement of a decades-old ordinance prohibiting some types of barbed wire and razor...

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