Business

Medicare Advantage Payment Raised Instead of Cut

The Centers for Medicare and Medicaid Services has reversed ground on a planned 2.2 percent payment cut for Medicare Advantage plans next year and instead has set a rate that calls for a 3.3 percent increase.


Business Confidence Going Nowhere in Mass.

Bay State business confidence barely surpassed "positive" levels in March, according to a monthly index released by the Associated Industries of Massachusetts.


Margaritaville Developer Wants Deadline Extension

Developer Lon Tabatchnick plans to seek a deadline extension of 60 days on the Jimmy Buffett-themed project officially known as Margaritaville Hollywood Beach Resort LLC.


Tax Deadline Looming: Are You Ready?

The IRS got a late start on taxes this year, but that doesn't mean anybody else gets to. It's income tax crunch time.


Agri-Mark Dairy Co-op Shares $10.2 Million Profit

Members of the Agri-Mark dairy cooperative in New York and New England are sharing $10.2 million in profit after taxes from 2012.


Immigrants Key to US Competition, Says Caterpillar CEO

Saying immigrant employees are key to competing in a global economy, Caterpillar head Doug Oberhelman called for an increase in the number of work visas and a path toward legal status for 11.1 million people now living illegally in the U.S.


Schapiro Joins Promontory Financial

Mary Schapiro, the former SEC chairwoman, has joined Promontory Financial Group as a managing director and chairman of its governance and markets practice, the firm announced today.


IRS Catching Up as Filing Deadline Nears

The IRS is catching up on processing tax returns in this delayed tax-filing season, though it is still lagging behind last year's pace.


Easter Week Sales Hop

U.S. retail receipts jumped 4.7 percent in the week ending Saturday, a trade group in Washington said.


Yelp Helps Businesses (Sometimes)

Seth McMillan's barber left town, so he was in need of someone new to cut his hair. And, as an attorney, he said, he needed to make sure the cut was good. That in mind, he turned to the online review site Yelp.


Tesla Soars to All-time High Following Musk's Tweets

Shares of Tesla Motors leapt to an all-time high Monday after the electric-car maker said it would show a quarterly profit for the first time in its 10-year history -- and Wall Street expects even more good news Tuesday.


NJ Economy Lags Despite $2.5 Billion in Business Tax Breaks

New Jersey has provided more corporate tax breaks in the past three years than it did in the last 10, but the state's economy continues to lag, according to a report released on Monday.


Recession Hit Young Adults Hardest, Study Shows

Unemployment rates increased 55 percent among 18- to 34-year-olds from 2006 to 2011, says a new analysis that sheds more light on just how hard the recession hit young workers.


Eurozone Unemployment Hits 12 Percent

Unemployment in the 17-member eurozone jumped to 12 percent in February, the region's statistical office said Tuesday. The unemployment rate moved up from 11.8 percent reported in January.


Assassination Added to Workplace Dangers

The impact of the shooting deaths of a Texas district attorney and his wife is being felt among law enforcement authorities in west-central Wisconsin.


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