A Massachusetts mayor wants to save Berkshire's old HQ, but Warren Buffett isn't interested.» Read More
BOSTON, Oct 3- Teams tasked with creating new products or technologies or improving existing ones need tension to produce breakthroughs, and tension comes from diverse points of views, says Harvard Business Review. The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org.
MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians based outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the performers' average salary by $46,000 a year.
*ADP payrolls report slightly stronger than forecast. NEW YORK, Oct 3- U.S. "There's rate-locking and traders are adding to steepening exposure," said Tom di Galoma, managing director at Navigate Advisors LLC in Stamford, Connecticut. "
NEW YORK, Oct 3- U.S. companies added more jobs than expected in September, while activity in the vast services sector picked up, suggesting the economy remained on track for modest growth.
LONDON/ NEW YORK, Oct 3- The euro zone's economic woes accelerated last month and China's slowdown looked likely to extend to a seventh quarter, surveys on Wednesday showed, while the United States proved the bright spot with better-than-expected news on services and jobs.
A new study may reassure some women considering short-term use of hormones to relieve hot flashes and other menopause symptoms. JoAnn Manson, preventive medicine chief at Brigham and Women's Hospital in Boston. She was a study leader and will discuss results Wednesday at a conference of the North American Menopause Society in Orlando, Fla..
*Third-quarter vacancy posts smallest decline in two years. NEW YORK, Oct 3- The U.S. apartment sector posted its smallest vacancy decline in nearly two years, raising the possibility that the strongest commercial real estate category may be succumbing to the sluggish economy, according to real estate research firm Reis Inc..
*Oracle unveils new cloud products at user conference. BOSTON/ SAN FRANCISCO, Oct 2- Oracle Corp CEO Larry Ellison said he intends to drive growth at the world's No. 3 software maker by promoting its current suite of cloud computing products and not through an acquisition.
LAS VEGAS-- With billions of dollars at stake, the head of the gambling industry's main lobbying group sounded a pessimistic note Tuesday about the prospect of Congress passing Internet regulatory laws this year.
--U.S. health care-related educational services provider Ascend Learning's profitability has been weak, and we expect EBITDA margins will remain under pressure. --We are lowering our corporate credit rating on the company to' B-' from' B'.
In the past two weeks, customers of top U.S. banks including Bank of America Corp, JPMorgan Chase& Co, Wells Fargo& Co, U.S. Bancorp and PNC Financial Services have reported having trouble accessing their websites, as unusually high traffic volumes appeared to crash or slow down the systems.
The first sign of trouble showed up last Wednesday, when crews noticed loose seats on a plane that had flown from Dallas-Fort Worth International Airport to Vail, Colo. The seats were tightened again that day in Boston. The same plane had to make an emergency landing Monday when seats came loose shortly after takeoff on a New York- to- Miami flight.
BOSTON/ SAN FRANCISCO, Oct 2- Oracle Corp CEO Larry Ellison said the company will focus on driving organic growth through a new suite of cloud computing software versus pursuing major acquisitions for now, though he would not rule out a big deal "down the road."
MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the average musicians' salary by $46,000 a year.
NEW YORK-- Analysts for Cowen and Co. started coverage of a group of companies that make tests used to diagnose infectious diseases, assigning top ratings to companies including Cepheid, Hologic Inc., and Meridian Bioscience Inc..
BOSTON-- Shares of MSCI Inc. plunged in afternoon trading Tuesday after a key index-licensing customer, Vanguard Group, said that some of its mutual funds will drop MSCI as the provider of market benchmarks that the funds track.
--Group 1 Automotive Inc.' s credit measures, in our opinion, have the potential for continued modest improvement in the year ahead. --We are revising our' BB' rating outlook on Group 1 to positive from stable. Rating Action On Oct. 2, 2012, Standard& Poor's Ratings Services revised its rating outlook on Houston- based automotive retailer Group 1 Automotive Inc..
LAS VEGAS-- It doesn't look like Congress will pass Internet gambling regulatory laws this year, the head of the industry's main lobbying group said Tuesday, as he cast online wagering hosted by sites overseas as one of the biggest threats to the casino industry in the United States.
Deval Patrick's administration has announced more than $600 million in capital investments in the University of Massachusetts system.