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Cape Cod Times Business

• January 05, 2009
• 6:00

  County programs may be lost due to drop-off in tax revenue

   » ‎ Cape Cod Times Business

  Posted: January 5th, 2009, 6:00am EST

  Sheila Lyons and Mary Pat Flynn formally took their seats Friday as Barnstable County Commissioners. The pair, who joined William Doherty on the county's executive board, also took stock of the difficult economic year ahead of them.

• January 04, 2009
• 6:00

  Cape-based firm boosts business

   » ‎ Cape Cod Times Business

  Posted: January 4th, 2009, 6:00am EST

  Hyannis-based Sencorp bucks economic trends by expanding, acquiring a new business, and adding jobs on the Cape.

• 6:00

  Solar power shines bright in California

   » ‎ Cape Cod Times Business

  Posted: January 4th, 2009, 6:00am EST

  LOS ANGELES — At a time when many investors are sticking money into their mattresses, Californians are putting it on their roofs.

• 6:00

  When home equity evaporates, what's left?

   » ‎ Cape Cod Times Business

  Posted: January 4th, 2009, 6:00am EST

  With investments and property values melting away, hard options await those poised to retire.

• 6:00

  Looking ahead, looking within

   » ‎ Cape Cod Times Business

  Posted: January 4th, 2009, 6:00am EST

  Remember Janus, the Roman god who gave January its name? Janus, the god of gates and doorways, of beginnings and endings, is depicted with two faces. He's looking behind and ahead — which is what many of us do at this time of year.

• 6:00

  Just a few bright spots

   » ‎ Cape Cod Times Business

  Posted: January 4th, 2009, 6:00am EST

  Amid retailers' dark days this holiday season, a handful of items continued to sell well

• 6:00

  Low price, high life at Sandwich cabin

   » ‎ Cape Cod Times Business

  Posted: January 4th, 2009, 6:00am EST

  Pared-down living with pleasures aplenty in a rural, pond-side setting in Sandwich just begins to describe the many appeals of this chic cabin.

• January 03, 2009
• 6:00

  Index reveals shrinking economy

   » ‎ Cape Cod Times Business

  Posted: January 3rd, 2009, 6:00am EST

  NEW YORK — Signs grew that the economy could turn even weaker in 2009, as an index of December manufacturing activity sank to its lowest point in 28 years.

• 6:00

  New York investors to buy IndyMac

   » ‎ Cape Cod Times Business

  Posted: January 3rd, 2009, 6:00am EST

  A group of private investors agreed yesterday to buy IndyMac Bank, the Pasadena, Calif., specialist in exotic home loans that collapsed in July and became the third-largest bank to fail since the government began insuring deposits in 1934.

• 6:00

  Historians oppose Wal-Mart store

   » ‎ Cape Cod Times Business

  Posted: January 3rd, 2009, 6:00am EST

  LOCUST GROVE, Va. — Wal-Mart wants to build a Supercenter within a cannon shot of where Robert E. Lee and Ulysses S. Grant first fought, a proposal that has preservationists rallying to protect the key Civil War site.

• 6:00

  Jamaica aiming to build affordable homes

   » ‎ Cape Cod Times Business

  Posted: January 3rd, 2009, 6:00am EST

  SAN JUAN, Puerto Rico — Jamaica is working with a real estate company to build affordable homes for tourism workers amid a global economic slump.

• 6:00

  For retailers, 2009 predicted to be 'cleansing process'

   » ‎ Cape Cod Times Business

  Posted: January 3rd, 2009, 6:00am EST

  CHICAGO — The year of reckoning has begun for retailers.

• 6:00

  State grants will boost Cape Small businesses

   » ‎ Cape Cod Times Business

  Posted: January 3rd, 2009, 6:00am EST

  Two Cape Cod economic development organizations have received $100,000 in state grants to help further the growth of small businesses in the region.

• 6:00

  GMAC gives up some GM car loans

   » ‎ Cape Cod Times Business

  Posted: January 3rd, 2009, 6:00am EST

  DETROIT — GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives, as part of the complex deal that gave the troubled lender billions in federal aid.

• 6:00

  Cape Air awarded federally subsidized flights

   » ‎ Cape Cod Times Business

  Posted: January 3rd, 2009, 6:00am EST

  HAGERSTOWN, Md. — The U.S. Transportation Department has chosen the Massachusetts-based independent carrier Cape Air to provide regularly scheduled flights from both Hagerstown and Lancaster, Pa., to Baltimore-Washington International Airport.

• January 02, 2009
• 6:00

  Brand names perform vanishing act

   » ‎ Cape Cod Times Business

  Posted: January 2nd, 2009, 6:00am EST

  NEW YORK — Several U.S. business stalwarts such as Lehman Brothers are on the scrap heap, and experts say 2009 could mark the end of even more well-known brands as the recession puts more struggling companies on life support.

• 6:00

  Sparks fly over NSTAR substation plans

   » ‎ Cape Cod Times Business

  Posted: January 2nd, 2009, 6:00am EST

  YARMOUTHPORT — Local officials, the Historical Society of Old Yarmouth and other neighbors have called on NStar to take a "hard look" at its plan to build an electrical substation on a 10.5 acre lot off White Rock Road.

• 6:00

  Acquisitions wrap up for Merrill Lynch, Wachovia

   » ‎ Cape Cod Times Business

  Posted: January 2nd, 2009, 6:00am EST

  ATLANTA — Two mega acquisitions in the banking sector have been completed following the biggest financial crisis to hit the United States since the 1930s, capping a year in which Wall Street stocks were hammered, home foreclosure rates soared and...

• 6:00

  Viacom, Time Warner strike deal preventing threatened blackout

   » ‎ Cape Cod Times Business

  Posted: January 2nd, 2009, 6:00am EST

  LOS ANGELES — There's no need to cry, Dora.

• 6:00

  50 percent hike in gas tax urged

   » ‎ Cape Cod Times Business

  Posted: January 2nd, 2009, 6:00am EST

  WASHINGTON — A 50 percent increase in gasoline and diesel fuel taxes is being urged by a federal commission to finance highway construction and repair until the government devises another way for motorists to pay for using public roads.

• January 01, 2009
• 6:00

  Radio station changes its tune

   » ‎ Cape Cod Times Business

  Posted: January 1st, 2009, 6:00am EST

  More than a year after dropping the first hints of the change, WKPE-FM has gone country.

• 6:00

  Spat could shut down viewers' favorite shows

   » ‎ Cape Cod Times Business

  Posted: January 1st, 2009, 6:00am EST

  LOS ANGELES — A spat between Time Warner Cable Inc. and Viacom Inc.

• 6:00

  A merciful end to '08

   » ‎ Cape Cod Times Business

  Posted: January 1st, 2009, 6:00am EST

  NEW YORK — Wall Street saw a merciful end to a dreadful year yesterday as stocks closed the last session of 2008 with a sizable advance.

• 6:00

  Unemployment spikes over the holidays

   » ‎ Cape Cod Times Business

  Posted: January 1st, 2009, 6:00am EST

  WASHINGTON — The number of laid-off workers continuing to draw unemployment benefits bolted to 4.5 million in late December, and even more Americans are expected to join the ranks of the jobless in 2009.

• 6:00

  HONORS

   » ‎ Cape Cod Times Business

  Posted: January 1st, 2009, 6:00am EST

  Shepley Wood Products has been named Dealer of the Year 2008 by the National Glass Association. Shepley was chosen for its overall excellence and leadership in the professional market segment.

• December 31, 2008
• 6:00

  GM credit gets boost in rescue

   » ‎ Cape Cod Times Business

  Posted: December 31st, 2008, 6:00am EST

  NEW YORK — The struggling financing arm of General Motors Corp., rescued by $5 billion in federal aid Monday, plans to use some of the money to make vehicles more affordable to a larger pool of customers.

• 6:00

  Furniture store owner accused of tax evasion

   » ‎ Cape Cod Times Business

  Posted: December 31st, 2008, 6:00am EST

  HYANNIS — Local businessman and television advertising personality Abbott Davidson, the owner of Sid's Furniture Outlet, was indicted by a Suffolk County grand jury this week on charges that he failed to pay $245,000 in sales taxes over a two-year...

• 6:00

  Workshop will focus on storm runoff projects

   » ‎ Cape Cod Times Business

  Posted: December 31st, 2008, 6:00am EST

  workshop to focus on storm runoff

• 6:00

  Grants to fight pollution available

   » ‎ Cape Cod Times Business

  Posted: December 31st, 2008, 6:00am EST

  grants to fight pollution available

• 6:00

  Index sags to all-time low

   » ‎ Cape Cod Times Business

  Posted: December 31st, 2008, 6:00am EST

  NEW YORK — Consumer confidence hit an all-time low in December, dropping further in the face of rising layoffs, in yet another sign that consumer spending is unlikely to pull the U.S. out of a yearlong recession any time soon.

• 6:00

  Consumer rights in a struggling economy

   » ‎ Cape Cod Times Business

  Posted: December 31st, 2008, 6:00am EST

  The lackluster holiday season and deepening recession will take a toll on retailers around the country. Experts are predicting the worst rash of store closings in 35 years. Already, Circuit City is operating under bankruptcy protection.

• 6:00

  Temporary layoffs: The new purgatory

   » ‎ Cape Cod Times Business

  Posted: December 31st, 2008, 6:00am EST

  NEW YORK — Here's the vacation no one wants, courtesy of the recession: Forced time off without pay.

• 6:00

  Local foreclosure rates for 2008 outpace state

   » ‎ Cape Cod Times Business

  Posted: December 31st, 2008, 6:00am EST

  Barnstable and Dukes counties have experienced sharper increases in foreclosures in the first 11 months of the year than any other part of the state, according to numbers released yesterday by The Warren Group, a Boston-based real estate data and...

• December 30, 2008
• 6:00

  Stranded Risso's dolphin euthanized in Wellfleet

   » ‎ Cape Cod Times Business

  Posted: December 30th, 2008, 6:00am EST

  Another dolphin found on the shores of Cape Cod Bay had to be euthanized yesterday.

• 6:00

  Sports leagues aim to tackle pirates

   » ‎ Cape Cod Times Business

  Posted: December 30th, 2008, 6:00am EST

  An important National Football League game on a recent Saturday night was dark on millions of television screens, but it lighted up an untold number of laptops.

• 6:00

  Post-holiday gloom grips retailers

   » ‎ Cape Cod Times Business

  Posted: December 30th, 2008, 6:00am EST

  An online toy store files for bankruptcy, and analysts say other merchants will follow.

• 6:00

  Making technology stick

   » ‎ Cape Cod Times Business

  Posted: December 30th, 2008, 6:00am EST

  Cape software company finds its niche with municipal governments

• December 29, 2008
• 6:00

  New Year's spending may survive Christmas belt-tightening

   » ‎ Cape Cod Times Business

  Posted: December 29th, 2008, 6:00am EST

  Cape hotel and restaurant managers are hoping the people who cut back on Christmas spending will splurge for New Year's Eve.

• 6:00

  Downturn resurrects room tax proposal

   » ‎ Cape Cod Times Business

  Posted: December 29th, 2008, 6:00am EST

  Vacationers here may not give much thought to the 9.7 percent room tax when they lay their heads on their hotel pillows.

• December 28, 2008
• 6:00

  Ranch in Mashpee has access to river

   » ‎ Cape Cod Times Business

  Posted: December 28th, 2008, 6:00am EST

  Mashpee neighborhood with park land has convenient access to shops.

• 6:00

  Mexico's engine stalls

   » ‎ Cape Cod Times Business

  Posted: December 28th, 2008, 6:00am EST

  U.S. automaker woes are having a ripple effect across the border.

• 6:00

  Retailers' marketing efforts take on ethnic flavors

   » ‎ Cape Cod Times Business

  Posted: December 28th, 2008, 6:00am EST

  LOS ANGELES — Delfino Turan remembers his first trip to a Best Buy store, but not very fondly.

• 6:00

  JFK rocking chair maker goes under

   » ‎ Cape Cod Times Business

  Posted: December 28th, 2008, 6:00am EST

  ASHEBORO, N.C. — A North Carolina company is closing after 82 years of producing a hand-built rocking chair popularized by President John F. Kennedy, who used them in the White House.

• 6:00

  Bank's essay contest winners get a month off mortgage payments

   » ‎ Cape Cod Times Business

  Posted: December 28th, 2008, 6:00am EST

  One bank is playing Santa for 500 lucky homeowners in this season of foreclosures and sinking home values — a gesture paid in part by employees forgoing their annual office party.

• 6:00

  Digital gives broadcasters reduced reach

   » ‎ Cape Cod Times Business

  Posted: December 28th, 2008, 6:00am EST

  WASHINGTON — Nearly a fifth of the nation's full-power television stations will no longer reach at least 2 percent of viewers now covered by their existing analog signals after they switch to digital broadcasts in February, federal regulators say.

• 6:00

  Recession blows away demand for business jets

   » ‎ Cape Cod Times Business

  Posted: December 28th, 2008, 6:00am EST

  Maybe General Motors should throw in a fleet of Cadillacs.

• 6:00

  Cash back for good behavior

   » ‎ Cape Cod Times Business

  Posted: December 28th, 2008, 6:00am EST

  Looking for added incentives for those New Year’s resolutions? Check your wallet.

• 6:00

  Putting out the fire now

   » ‎ Cape Cod Times Business

  Posted: December 28th, 2008, 6:00am EST

  At any other time, the day that the federal government stepped in to rescue the domestic auto industry would be a turning point in the history of American capitalism.

• December 27, 2008
• 6:00

  Tombstone business surviving

   » ‎ Cape Cod Times Business

  Posted: December 27th, 2008, 6:00am EST

  Even in a recession, some tombstone customers are shirking mass-produced markers in favor of hand-carved headstones they believe offer a more elegant final resting place.

• 6:00

  Cape Commerce

   » ‎ Cape Cod Times Business

  Posted: December 27th, 2008, 6:00am EST

  The Stop & Shop store in Hyannis raised $2,260 through the company's Food For Friends campaign.