Boston Globe -- Business

After fall, insurers’ auto rates up again

Todd Wallack, Globe Staff — 2012-05-15T04:24:40Z

Auto insurance rates, which tumbled after Massachusetts opened the state to more competition four years ago, are marching steadily upward again.

DeLeo plan would help start-ups make it in Mass.

D.C. Denison, Globe Staff — 2012-05-15T03:49:49Z

House Speaker Robert DeLeo unveiled a proposal to encourage the development of young technology companies and to urge innovative businesses to grow and stay.

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2012-05-15T03:49:49Z

Internships may help slow Boston’s student ‘brain drain’

Katie Johnston, Globe Staff — 2012-05-15T03:45:51Z

public agencies and business groups have launched initiatives to connect students to internships and similar job programs, hoping they will stay in Boston.

Walmart to install solar panels on 27 stores in Mass.

Erin Ailworth, Globe Staff — 2012-05-15T03:50:32Z

The retail giant said it plans to install solar panels on top of about half of its roughly 50 Mass. stores as early as August as part of an expansion of solar power in the state.

Business guru’s tips for living

Steven Syre, Globe Columnist — 2012-05-15T03:47:54Z

Clay Christensen, the author of business-book classic “The Innovator’s Dilemma,’’ is moving to the self-help aisle with familiar themes about personal choices.

Yahoo’s new CEO, board members face old problem

Michael J. de la Merced, New York Times — 2012-05-15T04:00:29Z

Yahoo’s latest chief executive and newest board members face the same problem that bedeviled their predecessors: how to fix the crisis-plagued company.

600 post office branches in cities, suburbs won’t close

David Pitt, Associated Press — 2012-05-15T03:52:16Z

The US Postal Service said that its decision to halt the closing of more than 3,700 post offices includes roughly 600 urban and suburban postal branch offices.

Big airlines’ on-time record slips

Associated Press — 2012-05-15T03:53:41Z

The largest airlines ran fewer flights on time in March than in the previous month, the Department of Transportation said Monday.

Air bag inflation allegedly sliced ear

Associated Press — 2012-05-15T03:52:52Z

Safety regulators are investigating a complaint that a car owner’s ear was cut in half when a side air bag inflated in a Hyundai Elantra.

Hospira recalls too-potent painkiller

Associated Press — 2012-05-15T03:55:40Z

Federal regulators are warning doctors that one lot of injectable painkillers from Hospira may contain too much of the drug.

Canon plans automated production

Associated Press — 2012-05-15T03:54:23Z

Canon Inc. is moving toward fully automating its digital camera production in an effort to cut costs — a key change being played out across Japan, a world leader in robotics.

Coca-Cola to test ‘mid-calorie’ sodas

Associated Press — 2012-05-15T03:55:05Z

Coca-Cola Co. is giving “mid-calorie’’ sodas another try, this time with Sprite and Fanta.

Wind farm power line clears hurdle

Associated Press — 2012-05-15T03:56:19Z

A 380-mile underwater power line to serve wind farms planned off the East Coast cleared a regulatory hurdle Monday, though construction is years away.

3-month T-bills at highest since Feb.

Associated Press — 2012-05-15T03:51:17Z

Interest rates on short-term Treasury bills were mixed in Monday’s auction, with rates on six-month bills unchanged and rates on three-month bills rising to the highest level since February.

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2012-05-15T03:51:17Z

HubSpot is sold on e-mail marketing

D.C. Denison, Globe Staff — 2012-05-15T04:01:56Z

The Cambridge marketing software firm will at last offer its own tools to manage, create, and track e-mail marketing campaigns in its standard menu of services.

Facebook to raise price of its IPO

Evelyn M. Rusli, New York Times — 2012-05-15T04:28:01Z

Facebook is planning to increase the price for its eagerly awaited initial public offering to a level that could value the company as much as $104 billion.

Dimon likely to face ire, not ouster at JPMorgan meeting

Pallavi Gogoi, Associated Press — 2012-05-15T04:27:30Z

JPMorgan Chase CEO Jamie Dimon owned up to stock analysts and went on TV to accept blame for a $2 billion trading mistake. Next he faces shareholders.

Groupon reports smaller net loss

Barbara Ortutay, Associated Press — 2012-05-15T04:28:30Z

Online deals company Groupon Inc. posted a smaller net loss and sharply higher revenue in the first quarter, helped by increased demand from a growing customer base.

Buying Facebook IPO shares will be tough task for small investors

Dave Carpenter, Associated Press — 2012-05-15T03:30:33Z

Hoping to get in on Facebook’s hotly anticipated public stock offering? You’ll need friends at high levels - or a lot of money.

Worries about Greece, Spain drag down stocks

2012-05-15T03:34:23Z

The S&P 500 slumped to its lowest level since February as austerity weary Greece struggled to form a new government amid growing speculation it may ditch the euro.

Best Buy’s chairman and founder quits

2012-05-15T03:32:25Z

An investigation said Richard M. Schulze knew about a former CEO’s relationship with a subordinate but did not report the affair.

JPMorgan raises its rating on Vertex

2012-05-15T03:33:29Z

Vertex was raised to “overweight’’ at JPMorgan by equity analyst Geoffrey Meacham, who set a nine-month target price of $82.

Avon Products Inc.

2012-05-15T03:28:23Z

Avon rose 3.8 percent for the third-largest increase in the Standard & Poor’s 500 index.

BMC Software Inc.

2012-05-15T03:28:59Z

BMC advanced 8.7 percent for the biggest gain in the S&P 500.

Ancestry.com Inc.

2012-05-15T03:29:32Z

NBC’s decision not to renew the “Who Do You Think You Are?’’ show “could hamper’’ shares of the online provider of family histories in the short term, according to BMO Capital Markets.

ResCap files for Chapter 11, separates from Ally

Tom Krisher, Associated Press — 2012-05-15T03:35:22Z

The US government is hoping that Monday’s bankruptcy filing by Ally Financial Inc.’s troubled mortgage business will help the company repay its government bailout faster.

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2012-05-15T03:35:22Z

What turmoil in Greece can mean to US

Bradley Klapper and David McHugh, Associated Press — 2012-05-15T03:36:15Z

In today’s interconnected global economy, Greece’s troubles could over time become a headache for all of Europe and by extension the rest of the world.