Articles Written by:    MEGAN WOOLHOUSE     

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As market surges, many can’t afford to hop back in

Arthur Caparell would love to be riding the stock market’s recent resurgence, but he’s still trying to recover from the recession’s blows. The burly 57-year-old machinist watched his retirement savings wither and then, last March, he was laid off. He ...

From MEGAN WOOLHOUSE, Boston Globe,  24 Nov 2009
Related Topics: Investment Company Institute,  Dow Jones,  Fidelity Investments

Brigham’s chain owner vows to try to save jobs

Luke T. Cooper, managing director of the Baltimore equity firm that owns more than a dozen Brigham’s restaurants, issued a statement last night saying the chain plans to file for Chapter 7 bankruptcy, but he will “attempt to keep the small number of ...

From MEGAN WOOLHOUSE, Boston Globe,  20 Nov 2009

To outcry, Brigham’s heads to bankruptcy

When sheriff’s deputies unexpectedly told employees at the Brigham’s restaurant in Arlington to leave last Friday, locking the doors behind them, longtime waitress Kathy Hogan was angry. But not at the county officers. The owner of the failing ice ...

From MEGAN WOOLHOUSE, Boston Globe,  20 Nov 2009
Related Topics: Yale University,  University of Chicago

Credit card firms hurry to raise rates

Credit card companies are rushing to increase interest rates to historic highs of more than 30 percent, cut credit limits, and add new fees, even for customers who pay their bills on time. Lenders are making the moves in advance of tougher federal ...

From MEGAN WOOLHOUSE, Boston Globe,  5 Nov 2009
Related Topics: Barney Frank,  U.S. Democratic Party,  The Pew Charitable Trusts,  U.S. Congress,  U.S. Senate

Billions in aid to banks not reaching many seeking loans

Last month, Tim Burr needed $35,000 to boost his small software company, so he applied for loans at Bank of America and Citibank, both of which took billions of dollars in government bailout funds intended to spur lending and lift the economy out of a ...

From MEGAN WOOLHOUSE, Boston Globe,  2 Nov 2009
Related Topics: Bank of America,  Small Business Administration,  Barack Obama,  Deval Patrick,  Royal Bank of Scotland

Globe, Herald circulation tumbles

Circulation at The Boston Globe, the Boston Herald, and many other newspapers around the country fell sharply in the six-month period that ended in September as more readers got their news and information from the Internet. The Globe’s daily ...

From MEGAN WOOLHOUSE, Boston Globe,  26 Oct 2009
Related Topics: Boston Globe,  New York Times Company,  Los Angeles Times,  Wall Street Journal

Hidden hazards in bodybuilding products

Eighteen-year-old Fidah Salem did not know anything about the ingredients listed on the 4 1/2-pound container of Cell-Tech Hardcore, but he liked the nutritional supplement’s promise: “packs on muscle strength.’’ So he persuaded his mother, Paula Smith, ...

From MEGAN WOOLHOUSE, Boston Globe,  16 Oct 2009
Related Topics: US Food and Drug Administration,  Michael Levy,  U.S. Senate,  Department for Education and Skills,  New York University

Women find inspiration at Tufts 10k

Thirty-two-year-old Jessica Pelland struggles to walk. A stroke she suffered when she was 12 has made it difficult for her to control her right arm and leg. But yesterday, on a postcard day filled with autumn sunshine, the teacher from Worcester ran ...

From MEGAN WOOLHOUSE, Boston Globe,  13 Oct 2009
Related Topics: American Heart Association,  Joan Benoit Samuelson

Eastern Bank tops rivals for SBA loans

Eastern Bank offered more federal government-backed loans to small businesses than did any other bank in Massachusetts, ousting Citizens Bank from the top spot it has had for the last six years. Eastern Bank made 156 loans to small businesses, worth $7. ...

From MEGAN WOOLHOUSE, Boston Globe,  7 Oct 2009
Related Topics: Royal Bank of Scotland,  Bank of America

Saturn’s demise may cost state 450 jobs

When Penske Automotive Group Inc.’s plan to buy the Saturn auto company from General Motors Corp. suddenly collapsed this week, so too did hopes of employees and owners at Massachusetts’ nine Saturn dealerships. Industry analysts said there is little ...

From MEGAN WOOLHOUSE, Boston Globe,  1 Oct 2009
Related Topics: Saturn Corporation,  General Motors,  IHS Inc.,  Global Insight,  Renault

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