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Oil Prices Up, Natural Gas Down
BOSTON (CBS) – Oil prices are up 30 percent this year, but not natural gas. It’s down 17 percent. Kyle Alspach of the Boston Business Journal reports.
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Wireless Electricity? Watertown Company Says Yes
BOSTON (CBS) – Watertown company Witricity claims it’s found a way to safely transmit electricity through the air, using magnetic fields. So can you charge your laptop or phone without a cord? Kyle...
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Proposed Bill Could Save Local Brewers Money
BOSTON (CBS) – Local brewers are concerned about the way they’re being taxed, based on their size. Will a proposed bill aimed at addressing that also save beer drinkers money? Kyle Alspach of the...
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Technology Companies Hiring In Massachusetts
BOSTON (CBS) – While many employers still aren’t hiring in Massachusetts, large technology companies are an exception, especially when it comes to jobs in research and development. Why are these jobs...
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Mass. Pays Out $225 Million For Unused Sick Time
BOSTON (CBS) – Last year Massachusetts paid out $225 million to state workers for unused sick time. It’s a perk that’s generally not allowed in the private sector. Can the state afford to do this? Kyle...
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As Competitors Plan IPOs, Boston-Based BuyWithMe Plots Expansion
BOSTON (CBS) – As BuyWithMe’s larger group-buying competitors Groupon and LivingSocial pursue initial public offerings, the company is rapidly expanding its footprint in Boston and around the U.S. in...
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19-Year-Old CEO Raises $1.2 Million For Boston Startup
BOSTON (CBS) – Less than five months after launching an online donation site, Fundraise.com Inc. founder and CEO Nate Drouin said the Boston company expects to raise some cash of its own next week,...
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How Are Local Companies Doing In Market Freefall?
BOSTON (CBS) – Of the 150 largest publicly held companies based in Massachusetts, only four of them did not sustain losses in Monday’s stock market freefall. Kyle Alspach of the Boston Business Journal...
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‘Alarming’ Drop In Consumer Confidence In Mass.
BOSTON (CBS) – The Massachusetts Consumer Confidence Index fell to the lowest level since early 2009 for the quarter ended in July, according to a report by Boston research firm Mass Insight Corp. The...
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Market Turmoil Puts Many IPO’s On Ice
BOSTON (CBS) – The late summer and early fall had been shaping up as a prime season for initial public offerings of stock in the U.S. — a relief for mature private companies looking to complete the...
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Feds Move To Block AT&T, T-Mobile Merger
BOSTON (CBS) – The U.S. Department of Justice moved Wednesday to block the planned merger of AT&T and T-Mobile, filing an antitrust lawsuit in federal court. AT&T shares fell $1.58, or 5.3...
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Chinese Firm Accused Of Stealing Secrets From Devens Company
BOSTON (CBS) – American Superconductor Corp. said it has evidence that senior-level employees at its former top customer, Sinovel Wind Group Co. of China, “engaged and paid” an American Superconductor...
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Back Bay Company Wayfair To Merge 200 Online Storefronts
BOSTON (CBS) – Most consumers probably never heard of CSN Stores, and don’t know the online home goods retailer under its new name, Wayfair Inc., either. At least not yet. But the Boston-based company...
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Local Startups Could Hurt U.S. Postal Service
BOSTON (CBS) – At HubCast Inc. in Wakefield, demand is surging for its cloud-based service that prints corporate materials close to where they’re needed, slashing mailing distances. Another local...
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Local Colleges Ranked In Top 25 For Social Media
BOSTON (CBS) – In addition to its “birthplace of Facebook” title, Harvard University as an organization is also a true believer in using social media, according to Cambridge-based firm...
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