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Struggling BlackBerry Releases New Phone

September 24th, 2014
(AP Photo/The Canadian Press, Chris Young) by ROB GILLIES, Associated Press TORONTO (AP) — BlackBerry launched a new smartphone Wednesday as the embattled Canadian company hopes for a comeback. Chief executive John Chen unveiled a...

Critics: Gas Tax Question will Harm Roads, Bridges

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September 23rd, 2014
BOSTON (AP) -- Opponents of a ballot question that would repeal a new law linking future increases in the state gas tax to the rate of inflation say the question would undermine efforts to fix crumbling Massachusetts roads and bridges. The...

Sales of Single Family Homes Down in August

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September 23rd, 2014
BOSTON (AP) -- Sales of single-family homes in Massachusetts fell by almost 7 percent in August when compared to the year-ago month, but median prices continued to climb. The Waltham-based Massachusetts Association of Realtors reports Tuesday...

GM Expert Says 21 Deaths Eligible for Compensation

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September 22nd, 2014
DETROIT (AP) -- The death toll from crashes involving General Motors small cars with faulty ignition switches has risen to at least 21. Compensation expert Kenneth Feinberg says in an Internet posting he received 143 death claims as of Friday....

Area Gas Prices Down Another Two Cents Per Gallon

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September 22nd, 2014
SPRINGFIELD, Mass. (WGGB) -- Area motorists are seeing some more relief at the pump as gas prices continue to drop. A recent survey by GasBuddy.com has found that the average price of a gallon of gas is down two cents to $3.40 per...

US Existing Home Sales Fall in August

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September 22nd, 2014
By JOSH BOAK, AP Economics Writer WASHINGTON (AP) -- Fewer Americans bought homes in August, as investors retreated from real estate and first-time buyers remained scarce. The National Association of Realtors says sales of existing homes...

ABC40 Alert: Scammers Offering ‘Free’ iPhones

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September 22nd, 2014
SPRINGFIELD, Mass. (WGGB)--Scam expert Steve Weisman joins ABC40's Tom Lewis and Lindsay Iadeluca to update us on the most recent scam tactics including scammers offering 'free...

Home Depot Says Malware Affected 56M Payment Cards

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September 18th, 2014
(Image Courtesy: MGN Online) (AP) -- The Home Depot says it has eliminated malware from its U.S. and Canadian networks that affected 56 million unique payment cards between April and September. The Atlanta-based home improvement retailer...

Average US 30-Year Mortgage Rate Rises to 4.23 Percent

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September 18th, 2014
WASHINGTON (AP) -- Average long-term U.S. mortgage rates surged this week, marking their largest one-week gain this year. Mortgage company Freddie Mac says the nationwide average for a 30-year loan jumped to 4.23 percent from 4.12 percent last...

Kohl’s Holiday Hiring to Rise by a Third

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September 17th, 2014
(Photo Courtesy: MGN Online / Susie Plank) By ANNE D'INNOCENZIO, AP Retail Writer NEW YORK (AP) -- Kohl's Corp. says it will hire more than 67,000 seasonal workers nationwide for the holiday shopping season, about a third more than last year's...

Poverty Rate Drops for the First Time Since 2006

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September 16th, 2014
By JESSE J. HOLLAND, Associated Press WASHINGTON (AP) -- The poverty rate in the United States has dropped for the first time since 2006, bringing a bit of encouraging news about the nation's economy as President Barack Obama and Congress...

Court: Tesla Motors Can Sell Directly to Buyers

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September 15th, 2014
(Image Courtesy: MGN Online) BOSTON (AP) -- The state's highest court has thrown out a lawsuit aimed at blocking Tesla Motors from selling its upscale electric cars directly to consumers. The Massachusetts State Automobile Dealers Association...

Supermarkets Launch Anti-Bottle Deposit Campaign

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September 15th, 2014
BOSTON (AP) -- Supermarket chains are launching a television ad to try to persuade voters to reject a ballot question to expand Massachusetts' bottle deposit law. The ballot question would change the current nickel deposit to include bottled...

GM Expert says 19 Deaths Eligible for Compensation

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September 15th, 2014
DETROIT (AP) — General Motors' compensation expert in cases involving faulty ignition switches has determined that 19 wrongful death claims are eligible for payments from the company. Attorney Kenneth Feinberg has received 125 death claims...

Apple iPhone 6 Pre-Order Demand Overwhelms Supply

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September 15th, 2014
(AP Photo/Marcio Jose Sanchez) NEW YORK (AP) -- Apple says it had more than 4 million pre-orders of its new iPhone 6 and iPhone 6 Plus in 24 hours, exceeding its initial pre-order supply. The company says the phones will be delivered to...