Charlie Baker’s goal to hike Mass. bond rating to AAA

Hiking the Bay State's bond rating to AAA — the highest possible — is a top goal of the next administration, Gov.-elect Charlie Baker told a group of investors yesterday. "We're certainly going to focus on solving whatever short-term financial problems...

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Scientology scrubs Boston hotel HQ

The Church of Scientology is putting the Hotel Alexandra on the market after deciding to pull the plug on its long-stalled plans of restoring the blighted South End landmark into its new Boston headquarters, church officials announced yesterday. Just...

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Jeep’s built to cross the Rubicon

Since the first Jeep was made in 1941, few other vehicles have been able to excel off road quite like it. The Wrangler Rubicon X is no exception to this legacy. It is "trail rated" by the Nevada Automotive Test Center, meaning that it is ready to maneuver...

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Golden age for Netflix, Amazon

The 72nd Golden Globe Awards may be a month away, but the winners and losers have already been selected. Winners: Amazon and Netflix. Losers: Cable companies. The fact that two online streaming services have received such resounding acclaim should...

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Stocks rebound on Nov. retail sales, despite oil dip

Renewed optimism, thanks to increased retail sales, caused U.S. stocks to begin to rebound yesterday from a three-session loss streak, but waned as oil fell to a new, five-year low and efforts to block a spending bill in the House renewed worries of...

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Hot Property: Penthouses become highly desirable

Penthouses have always had a cachet, but it's only in the last 10 years that Boston has gone vertical enough to create a lot of them. Buildings like the Ritz- Carlton Residences, the W, 45 Province St., the Mandarin Oriental and The Clarendon put the...

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Westboro, Cambridge facilities to close, lay off employees

Two international companies have plans to lay off employees in Massachusetts soon, the Herald has learned. AstraZeneca, a London-based pharmaceutical company, will close its Westboro drug manufacturing facility, affecting roughly 180 employees and contractors....

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LogMeIn won’t be logging out

Boston tech company LogMeIn will double the size of its Hub office thanks to a city tax break, a tool City Hall could use again to retain or lure other tech firms in the city, according to the mayor's office. "It's an option that can be considered if...

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New BRA chief Brian Golden promises agency will ‘not play favorites’

Brian Golden, Mayor Martin J. Walsh's newly anointed BRA chief, told the Herald he hopes people will soon see the agency as a place that "does not play favorites." "I believe that the backroom deals are a thing of the past," said Golden, 49, a former...

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Deval Patrick: Charlie Baker should go on trade missions

Gov. Deval Patrick yesterday urged his successor, Gov.-elect Charlie Baker, to embark on the same aggressive agenda of international trade missions that Patrick did in his second term, but warned the Republican to expect "body blows" from the press if...

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City to give boost to veteran-owned businesses

Veteran-owned businesses will soon get the same preferential treatment that women- and minority-owned businesses get from the city of Boston. During his speech at the Greater Boston Chamber of Commerce this morning, Mayor Martin J. Walsh is expected...

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Reception to GOP tax amnesty plan mixed

Taxpayer activists are divided about a corporate tax amnesty program House leaders and Gov.-elect Charlie Baker are considering to generate cash for state spending needs. House Minority Leader Brad Jones (R-North Reading) has filed legislation to create...

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AG fines TD Bank $625G for data breach

TD Bank agreed to pay a $625,000 fine after losing data tapes that contain the personal information of 90,000 Bay State customers, according to the state Attorney General's office. "Massachusetts data breach law requires businesses to provide notice...

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Nuts! Korean flight delayed by first class spat

SEOUL, South Korea — Forget dust-ups over reclining seats in economy class. There's a new and exclusive twist on inflight anger: Nut rage in first class. A recent Korean Air Lines flight was delayed when its chairman's daughter, who is also vice president...

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Fed proposing big US banks boost capital cushions

WASHINGTON — Federal regulators are proposing that the eight biggest U.S. banks be required to further increase the amount of capital they set aside to cushion against unexpected losses. The proposed requirements are aimed at lessening the chances of...

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China stocks jump as dim exports add stimulus hope

HONG KONG — Chinese stocks surged to their highest level in more than three years Monday after disappointing exports raised investor hopes of more stimulus. Other Asian markets mostly posted modest gains while European stocks fell. KEEPING SCORE: European...

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China stocks jump as dim exports add stimulus hope

HONG KONG — Chinese stocks surged to their highest level in more than three years Monday after disappointing exports raised investor hopes of more stimulus. Other Asian markets mostly posted modest gains while European stocks fell. KEEPING SCORE: European...

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Sony's PlayStation store suffers suspected hack

TOKYO — Sony's online PlayStation store was inaccessible to users for part of Monday in the latest possible cyberattack on the electronics and entertainment company. Sony Computer Entertainment in Tokyo said Monday the problem lasted two hours but has...

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Clearing up shifting opinions on transmission fluid

I recently purchased a 2008 Chevy Equinox with 81,000 miles. It has the non-GM Aisin AF33 five-speed transmission. The owner's manual states to use only T-IV automatic transmission fluid. I pointed this out to the shop when I had the transmission fluid...

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Mortgage-lending restrictions are finally easing

WASHINGTON — When it comes to buying a house, are you in the "no way I could possibly qualify" category? Not enough cash in the bank for a down payment or closing costs? Credit scores good, but not great? So much deferred student loan debt that you assume...

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Expert: Expect more TV programming blackouts

TV viewers in Boston should get used to programming blackouts caused by showdowns between networks and cable and satellite providers, a local expert says, as CBS and TV provider Dish Network announced yesterday they had reached an agreement that ends...

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