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Boston Globe -- Business News

Icahn buys into Genzyme
Carl Icahn, the billionaire investor who recently helped put Biogen Idec Inc. in play, has taken a stake in another major Cambridge biotech - Genzyme Corp.
On guard at Gatehouse
A financial update: The newspaper business still stinks. That's not news to anyone who follows the public stocks of big newspaper companies, including this paper's corporate parent, The New York Times Co. Now one company that has spent most of the past year swimming against that powerful tide finds itself losing favor, too.
State's first new insurer is an old one
Peerless Insurance, which led a wave of insurers fleeing the state's heavily regulated market in the 1980s, said yesterday it plans to be the first new insurer to enter Massachusetts as the state introduces auto insurance competition on April 1.
'Green mortgages' taking root
First came green homes. Now comes a mortgage to match. So-called green mortgages are the latest innovation in the push to promote more energy-efficient houses, whose owners enjoy lower utility costs thanks to solar panels, improved insulation, thermopane windows, and other money-saving products. Also called energy-efficient mortgages, they allow home buyers to qualify for larger loans on the premise that ...
Raytheon wins $1.35b contract for UK security
Extending its homeland security business overseas, Waltham defense giant Raytheon Co. yesterday signed a deal worth $1.35 billion over the next 10 years to help the United Kingdom control its borders.
Delta, United deny merger talks
Delta Air Lines Inc. is looking for a partner, but it isn't United Airlines. The third-largest US carrier said yesterday that it had had no discussions with Chicago-based United about a merger that would create the nation's largest carrier, dismissing a report that the talks had been ongoing for some time.
Bernanke moves to make Fed more open
WASHINGTON - Federal Reserve chairman Ben Bernanke moved yesterday to break down even further the aura of secrecy that historically has enshrouded the institution that sets interest rates, taking steps to keep Main Street and Wall Street more closely wired to decisions that can make or break lives and businesses.
Top banks' strategies
Highlights of major central banks' communication strategies: EUROPEAN CENTRAL BANK
Fords, Hondas top list of safest new automobiles
WASHINGTON - The number of new cars considered the safest by the insurance industry nearly tripled in the past year, helped by automakers' push to make safety equipment more widely available.
Economic growth has cooled, data show
WASHINGTON - Reports on retail sales and producer prices show US economic growth has cooled since its third-quarter spurt, while inflation slows.
IRS looking for taxpayers owed refunds
The Internal Revenue Service is putting out an all-points bulletin for Massachusetts taxpayers who are collectively owed $3 million in refunds - or an average of more than $1,000 each.
Company says it will open facility in South Boston
Comcast Corp. replied this week to Boston Mayor Thomas M. Menino's complaint that the company had moved call center jobs to Waltham, in an apparent violation of its license with the city. Comcast said it plans to sign a lease in the next two weeks for a new operations center in South Boston, and would employ 200 people in technical ...
UAW ratifies contract with Ford
DETROIT - Ford Motor Co. can no longer complain about being hamstrung by high labor costs preventing it from making money domestically.
Energy official: Oil will drop, gasoline will rise
WASHINGTON - Oil prices are likely to fall at least another $10 a barrel by next year, a top Energy Department official said yesterday, but he warned gasoline and heating oil prices will continue to rise in coming weeks.
FCC news lifts Tribune stock, buyout hopes
NEW YORK - Tribune Co. , the US newspaper publisher being taken private, rose in New York Stock Exchange trading on optimism billionaire financier Sam Zell will get regulatory approval to complete the $8.2 billion buyout.

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