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TALKING POINTS

Gulliver named Mass. highway administrator

GOVERNMENT

Gulliver named Mass. highway administrator

Jonathan Gulliver has been named Massachusetts highway administrator, the state transportation department said Monday. Gulliver took over as the acting administrator in May when the former highway chief, Thomas Tinlin, went on medical leave after suffering a brain aneurysm. Tinlin, who resigned in July, has recovered. Gulliver previously led the state highway division surrounding Worcester. As acting administrator, his most prominent work was the oversight of this summer’s Commonwealth Avenue bridge project. The project’s first phase led to shutdowns on Boston roadways and lane closures on the Massachusetts Turnpike in July and August. Work affecting the Turnpike lanes wrapped up several weeks early, though the rest of the work stretched a few days longer than originally expected. — ADAM VACCARO

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GOVERNMENT

Kadish appointed to board of MBTA Retirement Fund

Governor Charlie Baker’s former chief of staff has been appointed to the board of trustees for the MBTA Retirement Fund, a pension system Baker has sought to reform through benefit cuts and shifting some assets into the state pension fund. Steven Kadish (right), who left Beacon Hill this summer, will fill a vacant position on the board left by Michael Heffernan. It’s a game of musical chairs, in a way: Heffernan left the board after he was promoted to secretary of administration and finance, part of a sequence that began with Kadish’s decision to leave the administration. Kadish will be one of three management appointees on the board. The T’s unions also have three members. The fund has not had a permanent director for more than a year. In the meantime, the Baker administration has pushed for reforms that would cut workers’ benefits and encourage them to retire later in life. The administration says the fund is in a precarious position because the number of retirees now outpaces the number of workers. — ADAM VACCARO

AIRLINES

British airline Monarch goes bankrupt

Monarch Airlines, a struggling British low-cost carrier and tour operator, collapsed into bankruptcy early Monday, ceasing its flights and forcing the government to step in and bring home more than 100,000 passengers stranded abroad. Britain’s aviation regulator called the collapse of Monarch the “biggest ever UK airline failure.” The airline is one of many that have struggled to grapple with Europe’s highly competitive airline market. Just this year, the Italian carrier Alitalia went into administration, which is similar to bankruptcy protection in the United States, and is currently seeking a buyer. Air Berlin, a German low-cost carrier, filed for insolvency and has put its assets up for sale. — NEW YORK TIMES

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SUPREME COURT

US can seize assets of fugitive Kim Dotcom

The Supreme Court is leaving in place lower court rulings against Internet entrepreneur Kim Dotcom (left) and others associated with his now defunct file-sharing website Megaupload. The Supreme Court said Monday it would not take a case in which a lower court ordered the forfeiture of bank accounts, cars, and a property in New Zealand linked to the group. US authorities shut down Megaupload in 2012 and filed charges against Dotcom and several colleagues, alleging they conspired to commit copyright infringement, racketeering, and money laundering. Two years later, officials moved to have assets forfeited that the government said were proceeds of the alleged conspiracy. Courts found that Dotcom, who lives in New Zealand, and others were fugitives avoiding prosecution in the United States and ordered the assets forfeited. — ASSOCIATED PRESS

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MANUFACTURING

Manufacturing rose to highest level in 13 years, despite hurricanes

US manufacturing activity shrugged off a series of hurricanes and rose to the highest level in 13 years last month. The Institute for Supply Management said its manufacturing index rose to 60.8 from 58.8 in August, the highest reading since May 2004. Anything above 50 signals that manufacturers are growing, and the ISM survey shows they’ve been on a 13-month winning streak. New orders, production, hiring, and new export orders all grew faster in September. Seventeen of 18 manufacturing industries reported growth, led by textile mills and machinery. Only one industry — furniture manufacturing — contracted last month. Some industries reported that Hurricanes Harvey and Irma had disrupted supplies and driven up costs. But overall the manufacturing sector continues to look very strong. — ASSOCIATED PRESS

RETAIL

Nordstrom stock falls amid concerns about deal to take it private

Nordstrom stock fell 6.3 percent amid growing concerns about a deal to take the upscale department-store chain private. The Nordstrom family has struggled to amass the financing needed for the buyout, the New York Post reported on Sunday. And last month’s bankruptcy filing by Toys “R” Us Inc. has made lenders more jittery about retail, casting more doubt on the transaction, the newspaper said. The Nordstrom family first announced it was considering a buyout in June. With the overall department-store industry slumping, a deal would give them a chance to work on a turnaround plan outside of public scrutiny. Private equity firm Leonard Green & Partners has held discussions about supplying about $1 billion in financing, but the total deal could require as much as $10 billion, according to the Post. — BLOOMBERG NEWS

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SUPREME COURT

Justices refuse to take up appeal involving vending machines and the blind

The US Supreme Court turned away an appeal that sought to force Coca-Cola Co. and other companies to equip vending machines for use by blind people. The justices left intact a ruling that said Emmett Magee, a legally blind Louisiana man, couldn’t sue Coca-Cola over glass-front vending machines he says are inaccessible for people who can’t see. The federal Americans with Disabilities Act covers retail stores and other “places of public accommodation,” requiring them to take steps to ensure that disabled people have access. The New Orleans-based US Court of Appeals for the 5th Circuit said vending machines don’t meet the definition of “public accommodation.” The panel left open the possibility that Magee could sue the hospital and bus station that house the machines. — BLOOMBERG NEWS

TECHNOLOGY

Roku cuts price on video streaming player

Emboldened by a successful IPO, Roku is reducing the price on the next generation of its best video streaming player in an attempt to fend off competitive threats from Apple and Amazon. The latest Roku Ultra player announced Monday will sell for $100. That’s a 23 percent decrease from the Roku Ultra released last year, a device that had been selling for $130 until a recent clearance sale. Roku is also upgrading an array of other streaming devices, priced from $29 to $70, less than week after completing an initial public offering of stock that raised $219 million for the Los Gatos, Calif., company. In vote of confidence, Roku’s stock has already nearly doubled from its IPO price of $14. — ASSOCIATED PRESS

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GASOLINE

Prices at the pump down two cents in Mass.

Gas prices in Massachusetts are down by two cents this week. AAA Northeast found in its weekly survey released Monday that the price of self-serve, regular is averaging $2.60 per gallon. That price is five cents above the national average of $2.55. The average price in the state was 50 cents lower— $2.10 —a year ago at this time. AAA found self-serve, regular selling in Massachusetts for as low as $2.38 per gallon and as high as $2.85.
— ASSOCIATED PRESS