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Government sues eBay over noncompetition agreement

Written By Unknown on Sabtu, 17 November 2012 | 23.54

WASHINGTON — The Justice Department alleged Friday that Meg Whitman, the former CEO of eBay Inc., was intimately involved in making an anticompetitive agreement that prohibited eBay and Intuit Inc. from hiring each other's employees. In a federal...
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The Ticker

Hostess workers in, Bay State creamed Nearly 300 Hostess Brands workers in Massachusetts stand to lose their jobs at 13 facilities in 10 communities after the confectionery maker of Twinkies and Ho Ho's sought permission from bankruptcy court to close...
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Focus Electric needs more range

The long and winding road to building a better electric car continues, though it is a very long road, indeed. Case in point is the Focus Electric, the first passenger vehicle from Ford to be powered solely by electricity. It looks like a gas-powered...
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What happens if Twinkies really do go away?

Let's not panic. We all know that Twinkies, Ding Dongs, Wonder bread and the rest of Hostess Brands' oddly everlasting foods aren't going away any time soon, even if the food culture that created them is gasping its last. Yes, Hostess is shutting...
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Fidelity shifts to Seaport

Fidelity Investments is moving its corporate headquarters to Summer Street on the edge of the Innovation District — a change that analysts say signals a major shift in the Financial District toward the Southie waterfront and reaffirms the financial giant's...
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Nokia Lumia 920 brightest light for Windows phones

The masterfully botched launch of Windows 8 phones brought zero lines of eager consumers to wireless retailers across the nation. But here we have Microsoft's last chance to show its smartphone gambit is for real. The Windows 8 platform has been refined...
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Crowd-funding finds way to real estate financing

Crowd-funding has transformed the startup landscape, but can the insular world of real estate benefit from this model as well? It's being tried in different forms, mostly centered on commercial real estate. The Boston startup Collaperty, for instance,...
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J.C. Penney CEO tries to change the way we shop

NEW YORK — J.C. Penney CEO Ron Johnson seems unfazed that the department store chain's mounting losses and sales declines have led to growing criticism of his plan to change the way we shop. Perhaps that's because this isn't the first time during Johnson's...
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J.C. Penney's journey from 1 store to 1,100

NEW YORK — A look at J.C. Penney's milestones: —1902: James Cash Penney, son of a Baptist preacher and farmer, opens The Golden Rule, a dry goods and clothing store in Kemmerer, Wyoming. The name was based on his guiding principle of building a business...
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Old is new again at historic Lewis Wharf

This duplex condo on the top two floors of Lewis Wharf has been rehabbed into a contemporary-looking condo that works well in this historic brick-and-beam 1830s building. Unit 517-617 combines two units, with the lower floor opened up to create a large...
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