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ABC40 Alert: GM Recalling 780,000 Compact Cars

February 13th, 2014
DETROIT (AP) -- General Motors is recalling nearly 780,000 compact cars in North America because the engines can shut down unexpectedly and cause crashes. The company says six people have been killed in crashes related to the problem....

Graco Recalling Nearly 3.8M Child Car Seats

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February 11th, 2014
DETROIT (WGGB/AP) — Graco is recalling nearly 3.8 million car safety seats because children can be trapped by buckles that may not unlatch. The recall covers 11 models sold from 2009 through 2013. The National Highway Traffic Safety...

Travelers Delayed: More Flights Arriving Late

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February 11th, 2014
By The Associated Press (AP) -- Flight delays are increasing on major U.S. airlines, but fewer travelers are complaining. The federal Department of Transportation said Tuesday that just 68.9 percent of flights arrived within 14 minutes of...

Over 200K Britax Strollers Recalled Over Concerns of Finger Injuries

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January 30th, 2014
(WGGB) -- Britax Child Safety has issued a voluntary recall of about 216,000 strollers over concerns that fingers can be injured while folding the stroller. The recall involves Britax B-Agile, Britax B-Agile Double, and BOB Motion strollers,...

Local Banks Feel Impact Following Target Data Breach

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January 17th, 2014
SPRINGFIELD, Mass. (WGGB) - The scope of the Target security breach is growing. Some customers are receiving emails from the retail giant letting them know that their name, mailing address, email and even phone numbers could have been taken as...

Target breach appears to be part of broader scam

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January 16th, 2014
NEW YORK (AP) - The security breach that hit Target Corp. during the holiday season appears to have been part of a broader and highly sophisticated scam that potentially affected a large number of retailers, according to a report published by a...

Average US Rate on 30-Year Loan at 4.41 Percent

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January 16th, 2014
WASHINGTON (AP) -- Average U.S. rates for fixed mortgages declined this week, edging closer to historically low levels. Mortgage buyer Freddie Mac says the average for the 30-year loan fell to 4.41 percent from 4.51 percent last week. The...

Mass. Holiday Sales Fall Short of Forecast

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January 14th, 2014
BOSTON (AP) -- An organization representing retailers says holiday sales in Massachusetts fell short of the group's earlier forecast and lagged behind national results. The Retailers Association of Massachusetts said Tuesday that a member...

Durango Added to Jeep Grand Cherokee Fire Probe

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January 14th, 2014
(Image Courtesy: MGN Online) DETROIT (AP) — U.S. safety regulators are adding the Dodge Durango to an investigation of ceiling fires in Jeep Grand Cherokees. The National Highway Traffic Safety Administration says the probe now covers more...

Mass. Gas Prices Down 3 Cents Per Gallon

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January 13th, 2014
BOSTON (WGGB/AP) -- The price of a gallon of self-serve regular gasoline in Massachusetts had dropped 3 cents in the past week. AAA Southern New England reports Monday that gas has fallen to an average of $3.44 per gallon, which is still a...

Department Store Giants Fall in 4th Quarter

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January 10th, 2014
SPRINGFIELD, Mass. (WGGB) - Some big name stores are struggling, even after the recent holiday shopping boom. Many are anchors at malls and shopping centers around the country, but can they make a comeback? Macy's, JC Penney and...

A Look at the New Mortgage Rules

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January 10th, 2014
(WGGB/AP) -- New rules aimed at protecting prospective home buyers took effect Friday. As part of the new rules from the Consumer Financial Bureau, lenders must determine that a borrower has the ability to repay a mortgage before issuing the...

Average US Rate on 30-Year Loan Steady at 4.51 Percent

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January 9th, 2014
WASHINGTON (AP) -- Average U.S. rates for fixed mortgages barely changed this week, hovering near historically low levels. Mortgage buyer Freddie Mac says the average for the 30-year loan slipped to 4.51 percent from 4.53 percent last week....

Macy’s to Lay Off Over 2K Workers, Close Five Stores

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January 8th, 2014
(Image Courtesy: MGN Online) NEW YORK (WGGB/AP) — Macy's has announced that it will close some stores and lay off over 2,000 workers in what they are calling "focused cost reductions." The announcement comes on the heels of a strong holiday...

Western Mass Unemployed Grow Weary from Job Search

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January 7th, 2014
HOLYOKE, Mass. (WGGB) --With a manufacturing degree under his belt, and his job outsourced to other parts of the country, Dennis Doucette found himself out of work. It's been 2 years. “I’m checking out big boxes and under bridges, and...