After dragging the U.S. economy into a severe recession, property markets across the country now are relying on an economic recovery to help cure their hangover in the new year. The housing sector, weighed down by a glut of unsold homes, needs job growth to boost demand and curb the flow of delinquent loans into […]
Macy’s is closing its Chestnut Hill store as part of what the company calls an annual review process that selectively prunes underperforming locations. The store, which opened in a former Bloomingdale’s location at the Chestnut Hill Shopping Center in 2007, will start a final clearance sale on Sunday that will run for about 10 weeks. […]
Groupon Inc., an online coupon seller with numerous clients in the Sacramento region, has been approved to raise as much as $950 million, the latest chapter of the fast-growing company. Groupon, which passed on a $6 billion offer from Google Inc., could boast the biggest round of equity financing since Pixar in 1995, according to […]
nternational Business Machines Corp. on Wednesday unveiled its fifth annual “Next Five in Five” — a list of innovations that have the potential to change the way people work, live and play over the next five years. Armonk, N.Y.-based IBM predicts that technology will evolve in the following ways: You’ll beam up your friends in […]
Retailers in New York gave the holiday shopping season an “A” grade as consumers came out in force, breaking a two-year-long streak of weak sales during the recession, according to a new survey. Eighty-four percent of retailers polled by the Retail Council of New York State said sales the week before Christmas were better than […]
Commercial real estate covers a large chunk of the real estate world. It includes office and retail properties like shopping centers, industrial properties, land and investments and hotel /resort properties. There are various agencies involved in this line of business and they aim to provide the entire range of corporate and investment services to the […]
McAfee Inc. on Tuesday unveiled its 2011 Threat Predictions report, outlining top threats its researchers foresee for the coming year from a list that includes location-based services, Android and iPhone. Santa Clara-based McAfee (NYSE:MFE) said Mountain View-based Google‘s (NASDAQ:GOOG) Android and Google TV are expected to become major targets for cybercriminals. Also on the list […]
CAMBRIDGE, Mass — Dr. Jeff Lichtman likes his brains sliced thin — very, very thin. Enlarge This Image C.J. Gunther for The New York Times TEAM LEADER Dr. Jeff Lichtman, with a 3-D image of a section of mouse brain and a magnified section of a dendrite (red), in his office at Harvard. Enlarge This […]
The fourth quarter data barrage is underway, and a report from one highly respected commercial real estate shop indicates there’s more space available in the Boston market than there was a year ago. This is not a huge surprise, but there’s always value in dealing with hard numbers rather than anecdotal information. According to the […]
At least one official booster of the Fort Point Channel neighborhood near downtown Boston says times there are good. Friends of the Fort Point Channel says in a report this week that new restaurants and retail establishments along the channel, including on the South Boston Waterfront, have “thrived.” One restaurateur, Papagayo owner Brad Delbeck, says […]
