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Boston Globe -- Business News


Airline to fly nonstop to N.Y. from T.F. Green, Bradley
Delta Air Lines said it will begin offering the only nonstop flights from the Providence and Hartford/Springfield airports to New York's John F. Kennedy International Airport Aug. 15 as part of a plan aimed at bringing more passengers into JFK for overseas and transcontinental flights. The four daily round trips between JFK and T.F. Green State Airport in Warwick, R.I., ...
Business notebook
Rising: Krispy Kreme Doughnuts named Daryl Brewster chief executive as it tries to rebound from accounting investigations and a sales slump. Shares rose $1.32, or 20.7 percent, to $7.71.
Eskandarian may be replaced
Ed Eskandarian is expected to be replaced as chief executive of Arnold Worldwide Partners' US operations by Fran Kelly, president and chief operating officer, according to a published report.
Ex-Enron CFO Fastow says he had OK to commit fraud
The architect of financial schemes that helped fuel the collapse of Enron Corp. told a jury yesterday that he had the blessing of his boss, former chief executive Jeffrey Skilling, for moves that helped the energy trading firm hide losses and inflate profits.
Fired for speaking up
Justin Byron's boss all but gushes when she talks about him. She uses words like solid, rooted, dependable, responsible, and very low-key. ''I run a very small team here," says Tanya Holton, vice president for development at National Braille Press in Boston. ''I can't afford not to have someone who is not a team player. He understands what it is ...
GM changes pension plan for salaried employees
General Motors Corp. , following in the footsteps of other large employers trying to cut pension costs, said yesterday it will shift its pension program for salaried employees from a defined-benefit plan to one that relies more on employee contributions.
Google mistakenly posts revenue forecast notes
Google Inc., the most-used Internet search engine, said it mistakenly posted a revenue forecast in notes prepared ahead of a meeting last week. The estimate would trail some analysts' projections.
Logan's impact to area economy put at $7.6b
In many cities where new airports have been built 20 miles outside downtown, such as Dallas and Denver, their economic impact is impossible to miss, as office buildings, restaurants, and rent-a-car shops have sprung up to serve airport traffic.
Merck film urged sellers to fend off doctor's Vioxx queries
A jury hearing a Vioxx product liability case got its first look yesterday at e-mails, internal documents, and other materials showing manufacturer Merck & Co. was concerned about the drug's potential for causing heart attacks long before taking it off the market.
Microsoft planning to buy Onfolio
Onfolio Inc., a privately held Cambridge company that makes software enabling Web surfers to store pages, pictures, and other Internet content and retrieve it later, has been acquired by Microsoft Corp. for an undisclosed sum, the companies are expected to disclose this morning.

Latest financial news - CNNMoney.com
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

Disney employees now allowed to grow beards
Mickey Mouse can finally grow that goatee he's always wanted. Until now, Disney parks and resort employees had been prohibited from growing beards and goatees. Starting Friday they may do so, so long as they're a quarter-inch or shorter.
Beat stress for less
This year the end of the holidays probably didn't bring the usual stress relief; there are still worries about unemployment, a flailing housing market, and a volatile stock market, all of which may be taking a toll on your health.
New York sues banks over foreclosures
The New York attorney general sued some of the nation's biggest banks on Friday, accusing them of unlawful and deceptive practices for relying on a private electronic registry that tracks mortgages.
Micron CEO Steve Appleton dies in plane crash
Micron CEO and chairman Steve Appleton died Friday morning in a small-plane crash in Boise.
Big drop in unemployment rate for blacks
The unemployment rate for blacks fell more than 2 percentage points last month to its lowest level since March 2009.
Place your bets on Facebook's IPO -- literally
Facebook has finally filed for an IPO, but it likely won't start trading for months. For those who can't wait to gamble on the stock market, bookies are accepting bets.
Kiss QE3 hopes goodbye. And good riddance!
The strong January jobs report may finally put a nail in the QE3 coffin.
Stealth jobs boom: 6 months, 2 million jobs
Companies are saying the job market is getting better. Workers are saying it's already kicked into high gear.
Auto stocks gain on jobs report. GM up 7%
Shares of General Motors and Ford surged on Friday following strong data on the U.S. job market.
Facebook IPO shrinks private trading market
Facebook has played a big role in the private trading markets that allow eligible investors the chance to snap up shares of hot Internet companies years before they go public.

NYT > Business Day
en-us Copyright 2012 The New York Times Company Sun, 05 Feb 2012 08:20:20 GMT NYT > Business Day http://graphics8.nytimes.com/images/misc/NYT_logo_rss_250x40.png http://www.nytimes.com/pages/business/index.html?partner=rss&emc=rss Mortgage Tornado Warning, Unheeded http://feeds.nytimes.com/click.phdo?i=3199ef407aac22d990016f38387b9852 http://www.nytimes.com/2012/02/05/business/mortgage-tornado-warning-unheeded.html?partner=rss&amp;emc=rss http://www.nytimes.com/2012/02/05/business/mortgage-tornado-warning-unheeded.html Inspired by a personal experience, a businessman began delving into the practices of the mortgage industry, including Fannie Mae. His findings have been prescient.<br clear="both" style="clear: both;"/> <br clear="both" style="clear: both;"/> <a href="http://ads.pheedo.com/click.phdo?s=3199ef407aac22d990016f38387b9852&p=1"><img alt="" style="border: 0;" border="0" src="http://ads.pheedo.com/img.phdo?s=3199ef407aac22d990016f38387b9852&p=1"/></a>

Mortgage Tornado Warning, Unheeded
Inspired by a personal experience, a businessman began delving into the practices of the mortgage industry, including Fannie Mae. His findings have been prescient.


Greek Talks at a Delicate Point, Official Says
The Greek finance minister said that debt talks on a second rescue deal were “on a razor’s edge,” with major issues unresolved ahead of a crucial deadline on Sunday.


Sheryl Sandberg of Facebook, Staying on Message
Sheryl Sandberg, Facebook’s No. 2 executive, considers herself a role model for women. But her call isn’t simply about mentoring and empowering; it’s also a business strategy.


Slipstream: Employers and Brands Use Gaming to Gauge Engagement
More companies are turning to gamification — offering games that let their customers win points for certain activities — as a way to build both loyalty and a trove of data.


Strategies: I.P.O. Euphoria, Without Much Memory — Strategies
Amid the Wall Street excitement over Facebook’s planned initial public offering, it may be a good time to take a look at I.P.O. history.


Digital Domain: On HealthTap, Advice for You and Points for Doctors
On HealthTap, an interactive Web site, users can ask for medical advice, and doctors can gain whimsical “awards” for their answers.


Off the Shelf: ‘Strings Attached’ Looks at Incentives and Ethics — Review
Everywhere we turn, we’re being offered incentives to act a certain way. A new book ponders the ethical issues of the incentive culture.


Preoccupations: Disabilities Can Be Workplace Assets
In the job market, people with disabilities bring vast experience in coping and adapting — qualities that help them become valuable employees.


The Boss: Berner International’s Chief Found Consolation Via Work
After her first husband died in a plane crash, the writer stepped in to run his company. “Focusing on the job,” she says, “was a lifesaver for me.”


Letters: Letters: The Bookstore’s Place in an Electronic Future
Readers respond to “The Bookstore’s Last Stand” (Jan. 29).