"You are simply the best," Arthur T. Demoulas told a victory rally of workers, whose revolt led to his reinstatement as Market Basket CEO.» Read More
PORTLAND, Maine— FairPoint Communications workers in Maine, New Hampshire and Vermont have known it had to come to an end. Terms of their Verizon contract had carried over when FairPoint purchased the company's land-based telephone operations and had been mostly unchanged for 10 years. "We get that FairPoint doesn't have the deep pockets that Verizon had.
The repeal movement drew support from tea party groups, but Senate President Pro Tem Del Marsh, a Republican, blocked the bills with the support of one of the state's most powerful business groups, the Business Council of Alabama.
LJUBLJANA- Bled Strategic Forum 2014 in Slovenia.
BOSTON, Aug 28- Employees of New England supermarket chain Market Basket on Thursday cheered the return of their ousted CEO Arthur T. Demoulas, after he inked a reported $1.5 billion agreement to buy the company from his cousin to end a family power struggle and worker revolt. The Boston Globe valued the deal at more than $1.5 billion.
The International Brotherhood of Electrical Workers and Communication Workers of America accused FairPoint Communications of violating federal law and asked the National Labor Relations Board to reinstate the contract that expired on Aug. 2.
BOSTON— As Arthur T. Demoulas made a triumphant return Thursday to lead the Market Basket supermarket chain, it was the words of his employees that summed up their fierce loyalty to him that led to a remarkable workers' revolt that nearly crippled the New England chain but eventually put him back on top.
TEWKSBURY, Mass.— A New England supermarket chain that has been in turmoil for weeks over a workers' revolt and customer boycott has announced that the former CEO will buy a majority stake in the business. In a statement issued late Wednesday, Market Basket said popular CEO Arthur T. Demoulas would be returning and taking over day-to-day operations.
LUGANO, Switzerland- Swiss National Bank Vice President Jean-Pierre Danthine speaks at the UBS Session: The Role of Finance in Society- 1130 GMT. LJUBLJANA- Bled Strategic Forum 2014 in Slovenia.
But Peter Theo Curtis, who was freed Sunday after 22 months in captivity, declined to talk about his ordeal, saying in brief remarks that he needed time to reconnect with family following his return to the United States. Curtis, 45, of Boston, was released by the al- Nusra Front, an al-Qaida- linked group that is fighting the regime of Syrian leader Bashar Assad.
Speakers:- Polish National Bank Governor Marek Belka, Bank of Finland Governor Erkki Liikanen and ECB Governing Council member Ewald Nowotny. ATHENS- French Former Finance Minister Pierre Moscovici is expected to meet Greek Prime Minister Antonis Samaras, Deputy Prime Minister Evangelos Venizelos and Finance Minister Gikas Hardouvelis.
LEWISTON, Maine— The folks at the Farmers' Almanac can be forgiven for feeling smug: The 198- year-old publication correctly predicted the past nasty winter while federal forecasters blew it. We're calling for some frigid conditions, bitter conditions, "said managing editor Sandi Duncan.
ROCHESTER, N.H.— Slain U.S. journalist James Foley was living his faith by bringing images to the world of people suffering from war and oppressive regimes, a Roman Catholic bishop said Sunday at a Mass in his honor. Bishop Peter Libasci said even after Foley was captured for the first time in Libya in 2011, he "went back again that we might open our eyes."
TEWKSBURY, Mass.— The family feud that has brought the Market Basket supermarket chain to its knees may be nearing its end. Ousted CEO Arthur T. Demoulas has reportedly made a $1.5 billion offer to buy out the part of the company controlled by his rival cousin, Arthur S. Demoulas, and his allies on the board.
CONCORD, N.H.— From farmers markets teeming with new customers in New Hampshire to a Massachusetts flower grower desperately seeking new buyers for tens of thousands of mums, fallout from the Market Basket supermarket stalemate has been a mixed bag.
BOSTON— The governors of Massachusetts and New Hampshire said Friday they were optimistic the long-running family dispute that has hobbled the Market Basket supermarket chain will be resolved, perhaps as soon as this weekend, with an agreement to sell it to its ousted CEO. In a statement issued late Friday, Massachusetts Gov. Deval Patrick and New Hampshire Gov.
Jim Harding says his wife, Jan Harding, woke up frightened in the middle of the night this week in the burn unit of a Salt Lake City hospital after dreaming about going to a restaurant and ordering the drink that made her say, "I think I drank acid."
SAN FRANCISCO, Aug 21- California detectives are investigating a July computer theft at storied venture capital-firm Kleiner Perkins Caufield& Byers, a spokeswoman for the Menlo Park police said on Thursday. A spokeswoman and a lawyer for Kleiner Perkins did not immediately respond to a request for comment.
SEOUL, South Korea— Kim Min- koo has an easy reply to new American research that hits South Korea where it hurts— in the noodles. Instant noodles carry a broke college student aura in America, but they are an essential, even passionate, part of life for many in South Korea and across Asia.
PITTSBURGH— The National Park Service has banned drones from flying over the Appalachian Trail. The Park Service said Wednesday the interim rule prohibits launching, landing or operating unmanned aircraft from or on Appalachian National Scenic Trail lands.
Deval Patrick said Wednesday he was hopeful that a family fight over the Market Basket grocery store chain that has sparked an employee walkout and a customer boycott can be resolved soon.