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Cape Cod Times Business

• July 29, 2010
• 0:40

  Catch of the day: Local customers

   » ‎ Cape Cod Times Business

  Posted: July 29th, 2010, 12:40am EDT

  For those who favor local food, community supported agriculture has become a culinary mainstay.

• 0:34

  Survey: Outlook turns gloomier

   » ‎ Cape Cod Times Business

  Posted: July 29th, 2010, 12:34am EDT

  WASHINGTON — The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists.

• 0:33

  IOC lands another top sponsor

   » ‎ Cape Cod Times Business

  Posted: July 29th, 2010, 12:33am EDT

  Proctor & Gamble signs a multimillion-dollar deal through 2020, pushing the Olympic committee closer to its $1 billion revenue goal.

• 0:33

  Durable goods orders drop 1 percent in June

   » ‎ Cape Cod Times Business

  Posted: July 29th, 2010, 12:33am EDT

  WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods fell in June as demand for commercial aircraft plummeted.

• 0:32

  BP without Brits? No problem

   » ‎ Cape Cod Times Business

  Posted: July 29th, 2010, 12:32am EDT

  LONDON — Its chairman is Swedish, a growing chunk of its revenue comes from Russia and its incoming chief executive speaks with an American accent. So goes the Britishness in the company once known as British Petroleum.

• July 28, 2010
• 1:39

  Wellfleet pub withdraws request for later closing time

   » ‎ Cape Cod Times Business

  Posted: July 28th, 2010, 1:39am EDT

  WELLFLEET — The Bombshelter Pub will continue to close at 1 a.m.

• 1:23

  Patrick pushes lawmakers to approve tax holiday

   » ‎ Cape Cod Times Business

  Posted: July 28th, 2010, 1:23am EDT

  BOSTON — Gov. Deval Patrick is urging Massachusetts lawmakers to give final approval to a weekend sales tax holiday before the end of their formal session Saturday.

• 1:22

  Cape Commerce

   » ‎ Cape Cod Times Business

  Posted: July 28th, 2010, 1:22am EDT

  Drake, Saunders & Diwinsky Ltd of Chatham, a retirement financial planning company, has announced the promotion of Jane Bourette to vice president.

• 1:22

  Kerry takes new tack on yacht

   » ‎ Cape Cod Times Business

  Posted: July 28th, 2010, 1:22am EDT

  BOSTON — Sen.

• 1:20

  Heating oil costs to hold steady

   » ‎ Cape Cod Times Business

  Posted: July 28th, 2010, 1:20am EDT

  PORTLAND, Maine — Heating oil prices are projected to rise modestly this winter, giving homeowners in the Northeast another year of relief from the sky-high prices they were paying two years ago.

• 1:19

  GE to pay millions to settle kickback allegations

   » ‎ Cape Cod Times Business

  Posted: July 28th, 2010, 1:19am EDT

  WASHINGTON — General Electric Co. will pay $23.4 million to settle federal charges that some of its subsidiaries paid illegal kickbacks to the Iraqi government in order to win contracts under a U.N. program.

• 1:19

  Consumers losing confidence in the economy

   » ‎ Cape Cod Times Business

  Posted: July 28th, 2010, 1:19am EDT

  NEW YORK — Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns about the economic recovery and the back-to-school shopping season.

• 1:18

  American appointed to lead BP

   » ‎ Cape Cod Times Business

  Posted: July 28th, 2010, 1:18am EDT

  NEW ORLEANS — The American picked to lead oil giant BP as it struggles to restore its finances and oil spill-stained reputation pledged yesterday that the company will remain committed to the Gulf region even after the busted well is sealed.

• 1:17

  Cape real estate market brighter

   » ‎ Cape Cod Times Business

  Posted: July 28th, 2010, 1:17am EDT

  The real estate markets on the Cape and Islands were among the strongest in the state last month, according to numbers released yesterday by The Warren Group, a Boston-based real estate data firm.

• July 26, 2010
• 18:59

  Charging ahead?

   » ‎ Cape Cod Times Business

  Posted: July 26th, 2010, 6:59pm EDT

  Electric cars move into full production – but limited range and sparse possibilities to power up may sap demand

• 18:59

  Business calendar

   » ‎ Cape Cod Times Business

  Posted: July 26th, 2010, 6:59pm EDT

  Upcoming events of interest in the Cape and Islands business community

• 18:58

  BP's CEO to step down

   » ‎ Cape Cod Times Business

  Posted: July 26th, 2010, 6:58pm EDT

  Tony Hayward, whose handling of the oil spill in the Gulf has drawn fire, will be offered a job at the oil company's joint venture in Russia.

• 18:57

  Investing in better lives, starting at $20

   » ‎ Cape Cod Times Business

  Posted: July 26th, 2010, 6:57pm EDT

  Microlending finds its place on Cape Cod, providing residents a way to help others in developing countries while earning some interest.

• July 24, 2010
• 1:12

  Kerry docks yacht in R.I., ducks taxes

   » ‎ Cape Cod Times Business

  Posted: July 24th, 2010, 1:12am EDT

  BOSTON — U.S. Sen. John Kerry, D-Mass., is docking his family's new $7 million yacht in neighboring Rhode Island, allowing him to avoid paying roughly $500,000 in taxes to the cash-strapped Bay State.

• 0:42

  Europeans gauge solvency of banks

   » ‎ Cape Cod Times Business

  Posted: July 24th, 2010, 12:42am EDT

  LONDON — Seven of 91 European banks failed stress tests aimed at measuring their strength in case the continent's government debt crisis takes a turn for the worse, regulators said yesterday.

• 0:42

  Ford posts robust profits

   » ‎ Cape Cod Times Business

  Posted: July 24th, 2010, 12:42am EDT

  DEARBORN, Mich. — Ford Motor Co. posted a strong second-quarter profit yesterday but trimmed its U.S. sales forecast and predicted weaker results in the second half as the economy slowly recovers.

• 0:39

  Cape Commerce

   » ‎ Cape Cod Times Business

  Posted: July 24th, 2010, 12:39am EDT

  Cape Mac Computers has opened a new location at 41 Steeple St. in Mashpee Commons.

• 0:38

  Bailed-out banks draw criticism over execs' pay

   » ‎ Cape Cod Times Business

  Posted: July 24th, 2010, 12:38am EDT

  WASHINGTON — The Obama administration's pay czar said yesterday that he did not try to recoup $1.6 billion in lavish compensation to top executives at bailed-out banks because he wanted to avoid another public fight over banker pay.

• July 23, 2010
• 20:09

  With profits in line, investors eye revenue

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 8:09pm EDT

  CHICAGO — Even in a tough economy, increasing profits can be easy: Just cut costs enough and the bottom line keeps improving. But companies can only do that for so long.

• 20:09

  Tuition check

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 8:09pm EDT

  Tax credits and other federal programs can reduce burden of paying for college

• 20:08

  Cape quarterly reports: Spring's picture out of focus

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 8:08pm EDT

  In some respects, the region's economy busted out of the doldrums, but in other key areas, it was a bust

• 20:06

  Samsung's Galaxy phones have starring role

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 8:06pm EDT

  The war of the super-smartphones continues to heat up, and, at the moment, most of the combat seems to be between Apple's iPhone and the multiplying array of competitors running Google's Android operating system.

• 20:06

  Law takes aim at 'conflict minerals' used in electronics

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 8:06pm EDT

  Advocates say some materials mined for use in cell phones and other devices have been sold to fuel war in the Congo, but others warn of the chilling effect new rules will have.

• 19:43

  Staving off foreclosure by becoming a B-and-B

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 7:43pm EDT

  Website appeals to homeowners with plenty of room who find themselves at risk of becoming delinquent in their mortgages

• 19:42

  Whimsy on waters of Lake Wequaquet

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 7:42pm EDT

  Cottage features playful style, artistic touches

• 2:14

  Cape Cod Potato Chips merger planned

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 2:14am EDT

  Lance Inc., the parent company of Hyannis' Cape Cod Potato Chips, announced yesterday that it has entered into a merger agreement with Snyder's of Hanover, the Pennsylvania-based snack food company most well known for its line of pretzels.

• 0:48

  The tax man cometh

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 12:48am EDT

  WASHINGTON — Many Americans could be hit with a big tax increase in the next two or three years despite President Barack Obama's repeated promises to shield the middle class from higher rates.

• 0:47

  Tax reform law targets dead people, criminals

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 12:47am EDT

  WASHINGTON — President Barack Obama yesterday signed legislation intended to slash by $50 billion the taxpayer money improperly paid to dead people, fugitives and those in jail who shouldn't be getting benefits.

• 0:46

  Obama signs extension of jobless benefits

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 12:46am EDT

  WASHINGTON — Federal checks could begin flowing again as early as next week to millions of jobless people who lost up to seven weeks of unemployment benefits in a congressional standoff.

• 0:46

  GM gets financing partner

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 12:46am EDT

  THE ASSOCIATED PRESS

• 0:45

  Earnings up, but hiring slow

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 12:45am EDT

  WASHINGTON — A flurry of strong earnings reports renewed Wall Street's optimism in the economic recovery, even as new data yesterday showed homes sales sinking and claims for unemployment benefits rising.

• 0:44

  Cape Commerce

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 12:44am EDT

  Yarmouth Medical Center has announced that Dr. Jeffrey Martens has joined the practice. Martens is certified in internal medicine, and he is accepting new patients.

• 0:44

  Bernanke champions more stimulus spending

   » ‎ Cape Cod Times Business

  Posted: July 23rd, 2010, 12:44am EDT

  WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress yesterday that the fragile economy needs government stimulus spending to strengthen the recovery and help reduce unemployment.

• July 22, 2010
• 2:17

  Cape diversity celebrated

   » ‎ Cape Cod Times Business

  Posted: July 22nd, 2010, 2:17am EDT

  ORLEANS — The mix of exotic colors in the sunset over Rock Harbor blended well with the culturally mixed atmosphere of last night's second annual "J-1 Diversity Celebration."

• 2:03

  Finance overhaul becomes law

   » ‎ Cape Cod Times Business

  Posted: July 22nd, 2010, 2:03am EDT

  WASHINGTON — With a broad smile and the stroke of a pen, President Barack Obama yesterday capped a contentious 18-month struggle and signed into law the broadest revamp of financial regulation since the Great Depression.

• 1:58

  German economy rebounds strong

   » ‎ Cape Cod Times Business

  Posted: July 22nd, 2010, 1:58am EDT

  BERLIN — Germany, Europe's economic engine, is back in gear after a painful recession, as foreign customers snap up cars and industrial machinery and the country reaps the benefits of stimulus spending that helped keep the motor running at home...

• 1:57

  Fed: 'double dip' recession unlikely

   » ‎ Cape Cod Times Business

  Posted: July 22nd, 2010, 1:57am EDT

  WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress yesterday that the outlook for the economy remains "unusually uncertain" but that the Fed plans no specific steps "in the near term" to try to fuel the struggling recovery.

• 1:56

  Ford: No premium price for Lincoln hybrid

   » ‎ Cape Cod Times Business

  Posted: July 22nd, 2010, 1:56am EDT

  DEARBORN, Mich. — For the first time, an American automaker plans to sell a hybrid car for the same, lower price as its gas-powered counterpart, removing at least one obstacle for drivers who want a greener ride.

• July 21, 2010
• 23:25

  Cape Commerce

   » ‎ Cape Cod Times Business

  Posted: July 21st, 2010, 11:25pm EDT

  The Humane Society of the United States has announced that Theresa M. Barbo of Yarmouthport has been appointed as director of the Cape Wildlife Center in Barnstable.

• 23:25

  FAA orders more frequent checks of 767 airliners

   » ‎ Cape Cod Times Business

  Posted: July 21st, 2010, 11:25pm EDT

  WASHINGTON — U.S. airlines must inspect more than 100 Boeing 767 airliners more often than previously required to look for cracks that could cause the engines to fall off, the Federal Aviation Administration ordered yesterday.

• 23:25

  Watchdogs blast federal mortgage program

   » ‎ Cape Cod Times Business

  Posted: July 21st, 2010, 11:25pm EDT

  WASHINGTON — Government watchdogs told a Senate panel yesterday that the Obama administration's effort to help homeowners avoid foreclosure isn't working and that the Treasury Department has failed to fix the program.

• 1:06

  U.S., Cape jobless get a boost

   » ‎ Cape Cod Times Business

  Posted: July 21st, 2010, 1:06am EDT

  Many of the Cape and Islands' unemployed residents — which numbered more than 11,000 last month — received some good news yesterday when the Senate voted to move ahead on a bill to extend benefits for the long-term unemployed.

• 0:52

  Orleans rolls out red carpet for summer workers

   » ‎ Cape Cod Times Business

  Posted: July 21st, 2010, 12:52am EDT

  LOWER CAPE — The public is invited to welcome this summer's foreign workers at a celebration of diversity tonight at Rock Harbor in Orleans.

• 0:51

  Injunction granted in time-share case

   » ‎ Cape Cod Times Business

  Posted: July 21st, 2010, 12:51am EDT

  DENNISPORT — The state attorney general has secured a preliminary injunction against several people and groups who allegedly defrauded and gave unlicensed legal advice to time share owners at the Edgewater Beach Resort.

• 0:28

  New company enters wireless market

   » ‎ Cape Cod Times Business

  Posted: July 21st, 2010, 12:28am EDT

  NEW YORK — U.S. consumers and businesses may get more options in wireless service starting next year, with the launch of a new wireless broadband network that aims to provide competition to the incumbent phone companies.