Latest business headlines

The latest business news from the region and nation

Boredom sets in amid slow business at Market Baskets

Protests continued outside the chain’s headquarters, while supplies and customers only trickled into stores.

Market Basket seeks replacement workers

The threat ratcheted up pressure on warring factions of the Demoulas family to reach a broader deal.

Salmonella trial could last for 2 months

Three people are charged in a deadly salmonella outbreak linked to a southwest Georgia peanut plant.

Small cars don’t hold up in new crash test

The four-door Mini Cooper Countryman was the only one of 12 cars to earn a top rating of ‘‘good’’ in new frontal crash tests.

Small businesses hiring again after long hiatus

Owners who resisted hiring after the recession are taking on workers to keep up with rising demand for products and services.

Even with marked growth, jobs still a concern for Fed

The Federal Reserve offered a mixed message on the US economy with Wednesday’s statement.

Republicans stop bill to limit corporate tax break

Senators blocked an election-year bill to limit breaks for US companies that move operations overseas.

Aegerion Pharmaceuticals trounces forecast

The Cambridge company’s quarterly net loss came in smaller than expected.

New York Times Co.’s profit falls 21%

The stock closed 8 percent lower on Tuesday and fell another 1.4 percent on Wednesday.

Hackers tap corporate systems, report says

The Homeland Security Department, in a new report, warns that hackers are scanning corporate systems for remote access software — made by companies like Apple, Google and Microsoft — that allows outside contractors and employees to tap into computer networks over an Internet connection.

Judge says Crystal CEO should testify in lawsuit

FARGO, N.D. — American Crystal Sugar Co. CEO David Berg should testify in a federal lawsuit pitting the refined sugar manufacturers against the corn syrup industry, a federal judge ruled Wednesday after presiding over a hearing in the case.

US judge slaps $1.3B fine on Bank of America

NEW YORK — A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments.

Lawyer sues GM on behalf of 658 plaintiffs

DETROIT — A Texas lawyer has filed a lawsuit against General Motors on behalf of 658 people who were injured or killed in crashes allegedly caused by faulty ignition switches.

Survey: US companies add 218,000 jobs in July

WASHINGTON — A private survey shows that businesses hired at a healthy pace in July, though the job gains slowed from the previous month.

An early rally fades on the US stock market

Stocks were little changed as better-than-forecast economic growth was offset by some companies’ weaker earnings and the Fed’s decision to keep trimming its asset purchases, which have helped lift the markets. GDP expanded at a 4% annual pace in the second quarter after shrinking 2.1% in the first. Twitter soared 20%; World Cup-related traffic helped the microblogging service double revenue. Amgen led a biotech rally after it said it will cut more than 2,400 jobs, even as it posted quarterly results that trounced Wall Street expectations and raised its profit forecast. US Steel had its biggest gain since 2008, up 19% on a surprise quarterly profit.

Money-saving tips plentiful; small changes add up

Who doesn’t want to save money? You’ve probably heard basic money-saving advice, such as never buy an expensive item on impulse. Wait a day or two and mull it over.Then there’s the old standby tip: Put aside your loose change from your wallet or pocket every day. At the rate of 50 cents a day, you would have a small emergency fund of $182.50 in a year. But making small changes can add up, tooAARP’s fifth annual ‘‘99 Great Ways to Save,’’ published this month in AARP Bulletin, provides some interesting tips from experts in home improvement, finance, food, and more.To see all 99 ways to save, go to aarp.org and search for “99 great ways to save.”

Walsh re-evaluates nomination to BRA board

New appointee Theodore Landsmark had been ousted from his job as president of a local college last week.

Tech Lab

Speech recognition’s not my type

Burlington-based Nuance has just delivered the 13th edition of its Dragon NaturallySpeaking program, and it’s good stuff.

TelexFree co-owner pleads not guilty in alleged fraud

James Merrill is one of two men charged with running a $1 billion global pyramid scheme.

Statement from Market Basket chief executives

Text of a statement issued by Market Basket co-chief executives James Gooch and Felicia Thornton Wednesday afternoon.

Full text of the Federal Reserve’s statement

Below is the statement the Fed released Wednesday after its policy meeting:

Fed to further slow pace of stimulus

The Federal Reserve will reduce the pace of its bond purchases by another $10 billion to $25 billion a month.

Spring rebound after harsh winter for Mass., US economies

Labor markets this spring gained strength both locally and nationally, a new report found.

Twitter’s second quarter much stronger than expected

The firm has managed to fight off doubts that it can make money following its decision to go public last year.

Citizens Financial Group provides $19m in financing for High Point Treatment Center

Citizens Financial Group is providing $19 million in new financing to High Point Treatment Center for projects including the repurposing of the former St. Luke’s Hospital in Middleborough into a mental health and addiction treatment facility.

Roche Bros. is opening a Brothers Marketplace in Medfield

The Wellesley-based supermarket chain is set to open a store Wednesday.

Hope Margala is the new chief executive of Yankee Candle

The Yankee Candle Co., a Deerfield company known for scented candles, said that Hope Margala has been named president and chief executive.

Mass. Securities Division seeks to find if the ‘financial abuse’ of senior investors is on the rise

The Massachusetts Securities Division is surveying broker-dealers on the frequency of complaints from older investors and the steps taken by broker-dealers to resolve those complaints.

MassDevelopment bond helps Price Rehabilitation Center to buy a Newton building

MassDevelopment, the state’s finance and development agency, has issued a $6.97 million tax-exempt bond on behalf of the Barry L. Price Rehabilitation Center.

Study: 35 percent in US facing debt collectors

Roughly a third of Americans have debts and unpaid bills that have been reported to collection agencies, a report shows.

Market Basket loyalists face mixed bag at competitors

After 12 days of dwindling food stocks at Market Basket stores, customers are giving other grocery stores a chance.

Fed is weighing key issues but may reveal little

Expect no definitive signals Wednesday, when the Fed issues a statement after a two-day policy meeting.

For many travelers, time to say goodbye to loyalty plans

In a recent survey, a plurality of travelers (38 percent) said that finding the best deal topped their list.

JPMorgan paying $650K to settle CFTC charges

The New York bank neither admitted nor denied wrongdoing in the settlement.

US consumer confidence jumps to 90.9 in July

US consumers are more confident about the economy than they have been in nearly seven years.

Mass. movers

Cognex reports record revenue, net income

Natick-based Cognex Corp.’s per-share earnings of 29 cents were 7 cents better than the average analyst estimate.

Market movers

UPS cuts profit outlook as costs rise

UPS forecasts per-share earnings of $4.90 to $5, not the $5.05 to $5.30 forecast in April.

Social media play key role in Market Basket saga

The response by employees and customers has been fed by social media, even as some managers say they’re not tech-savvy.

Bill aims to help sellers of foreclosure homes

The controversial bill winding through the state Legislature would limit the time for challenging foreclosure validity.

Appeals court upholds labels on meat packages

The new government rules require labels on packaged steaks, ribs and other cuts of meat to say where the animals were born, raised and slaughtered.

Soldiers get $92m in debt relief under settlement

ALBANY, N.Y. — Thirteen states, including Massachusetts, have settled an investigation into improper lending with a court agreement that is expected to provide $92 million in debt relief for 17,800 U.S. military personnel.

Suzuki recalls nearly 26,000 cars for fire risk

DETROIT — Suzuki is recalling nearly 26,000 midsize cars in the U.S. because the daytime running light modules can overheat and could cause a fire.

Timeline of events in the Market Basket standoff

A timeline of the struggle for control of the grocery store chain and the feud between the two branches of the Demoulas family.

shirley leung

Decision to sell is difficult for grocery families

New England has had several family-owned grocery chains, some of which have sold out to other companies.

Amid cuts, Amgen to add jobs in Cambridge

The company’s research and development center in Kendall Square currently has about 180 employees.

BRA nominee was dismissed as head of architectural college

City Hall officials said Mayor Martin J. Walsh had not been aware of Theodore Landsmark’s termination.

Community Boating raises pinks sails in new partnership with EF Education First

Community Boating Inc., the non-profit public sailing center located on the Boston side of the Charles River, is sporting pink sails on 20 of its boats in a partnership with EF Education First to raise money for a free program that teaches people with physical and cognitive disabilities to sail.

Demoulas board lashes out at Arthur T. in statement

The Demoulas Market Basket board of directors says Arthur T’s bid is one of several under consideration.

State Street: Global investor confidence falls

A global investor confidence index maintained by a unit of State Street Corp. has fallen 4.6 points in July as North American and Asian investors fretted about geopolitical tensions.

More than 35% in US have debt referred to collectors

Roughly a third of Americans have debts and unpaid bills that have been reported to collection agencies, a report shows.

Market Basket board still ponders sale offers

People familiar with the talks said Arthur T. Demoulas’s offer was the focus of talks throughout the second day of negotiations.

Babson is ‘the best college for your money,’ new Money magazine survey says

Money magazine has just issued a new survey headlined “The Best Colleges for Your Money,” and Babson College of Wellesley tops the list, ahead of the Massachusetts Institute of Technology and Harvard University, among many others.

Thomas A. Kochan | COMMENTARY

How to solve the Market Basket standoff

MIT professor Thomas Kochan thinks the way forward requires a change in approach by both the company’s board and the protesting employees.

Natixis plans to move 525 Boston employees to a new office building at 888 Boylston St.

Natixis Global Asset Management offered additional details on its planned move to a new office building at 888 Boylston St. in Boston.

TA Associates invests in company that makes pickup truck accessories

TA Associates, a private equity firm with offices in Boston, said Tuesday that it has completed a majority investment in Tectum Holdings Inc., a Michigan-based manufacturer of pickup truck accessories.

Massachusetts single-family home sales post ‘modest’ gain in June, the Warren Group says

The number of Massachusetts single-family homes sold in June rose a “modest” 3.7 percent in June on a year-to-year comparison basis, the first such increase since January, the Warren Group reported Tuesday.

Solar energy bill hanging in the balance

An intense Beacon Hill fight could endanger the passage of a solar energy bill.

Hydropower plan vital in climate change fight, officials say

State environmental officials are lobbying lawmakers to pass a controversial energy bill they consider critical to cutting greenhouses gases.

17-story tower to complete Prudential Center complex

The office building on Boylston Street that will fill the last vacant parcel in the massive Prudential Center office and retail complex.

Boston Capital

It’s a reasonable goal: wages that pay the bills

As Market Basket employees rallied to support their ousted boss last week, fast-food workers gathered in Illinois with a different goal -- raising pay scales.

Mass. Movers

Kennedy named chairman at Raytheon

Waltham-based Raytheon Co. said its board elected chief executive Thomas A. Kennedy chairman to replace chairman William H. Swanson.

Market Movers

Tyson to sell Mexico, Brazil operations

Tyson said it expects the sale of both operations will be completed by the end of the year.

Pay $50b for Yukos, court orders Russia

The Russian government must pay $50 billion for using tax claims to destroy Yukos, once the country’s largest oil producer.

Darden CEO to step down amid Olive Garden troubles

Darden Restaurants CEO and Chairman Clarence Otis is stepping down as the company fights to fix its flagship Olive Garden chain.

Dollar Tree buys rival discounter

Dollar Tree said its deal to buy Family Dollar aims to broaden its reach to fend off Walmart.

Onetime Pfizer counsel joins Polaris

Boston venture capital firm Polaris Partners hired Amy Schulman as a venture partner.

Chinese officials visit Microsoft offices

The visits suggested that Microsoft might be the latest multinational company to find itself the cross hairs of Chinese authorities.

Five stocks that combine value, growth

Life seems to be full of dichotomies. But sometimes you can have both the things you want, even if they may seem at first like opposites.

Airlines making money, but no relief for flyers

American Airlines, United Airlines, and Delta Air Lines all reported record profits for the second quarter.

Virgin America files plans for IPO

Virgin America Inc., which operates out of Los Angeles and San Francisco, flies to 22 airports in the United States and Mexico and has 53 planes.

Lloyds pays $369m to settle claims it rigged key global interest rate

Lloyds, one of the world’s largest banks, became the sixth financial company sanctioned in the international rate-rigging scandal.

Zillow buys rival Trulia, creating Web realty giant

The $3.5 billion deal will create the biggest player in the online real estate information market.

Snapshot: Investors await key economic reports

Instead of worrying about the conflict between Russia and Ukraine or trouble in the world’s other hot spots, investors appeared to sit tight.

Sankaty buying a $1.3b portfolio

Sankaty Advisors said it was buying the portfolio of loans and debt securities from JP Morgan’s Global Special Opportunities Group.

Southwest faces a $12m safety fine

The FAA proposed the fine against the airline for failing to comply with safety regulations related to repairs on Boeing 737s.

Samsung delays new smartphone

The delay is the latest setback to the company’s ambition to create a mobile platform to rival Google’s Android or Apple’s iOS.

EBay may offer mechanics’ services

EBay Inc. plans to experiment with selling auto mechanics’ services alongside car parts.

Fewer sign real estate contracts

The National Association of Realtors said its seasonally adjusted pending home sales index slipped 1.1 percent to 102.7 last month.

Bain’s Sankaty Advisors buys $1.3 billion debt portfolio from JP Morgan

Sankaty Advisors, an arm of Bain Capital, on Monday said it was buying a $1.3 billion portfolio of loans and debt securities from JP Morgan’s Global Special Opportunities Group.

The state of Market Basket: Day 13 of the standoff

A look at where things stand as the protest movement continues and the board considers offers to buy the $4.6 billion company.