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Monday, March 15, 2010
Cities And Towns Brace For Local Aid Cuts
State lawmakers are expected to announce Friday that cities and town can expect painful cuts in the next fiscal year.Senate President Therese Murray acknowledges cities and towns won’t be happy, but says the state can’t afford any more. "We don't have the money, we don't have the resources," she said.
‘Hole In The Ground’ Slows Downtown Crossing’s Business
The Filene's redevelopment at Downtown Crossing. (Andrew Phelps/WBUR)Mayor Menino is considering using eminent domain to take over the Filene’s redevelopment project at Downtown Crossing, after its developer, Steven Roth, said he used stalling tactics in the Manhattan to squeeze subsidies out of New York City.
WBUR's Bob Oakes headed to Downtown Crossing to get a sense of how business owners are responding to the latest news in their neighborhood.
We Bought A Toxic Asset; You Can Watch It Die
The purchase of a toxic asset is confirmed. (NPR)Toxic assets — home mortgages packaged into complicated bonds that no one wanted to touch when the housing bubble collapsed — are starting to trade again.
NPR'S Planet Money team wanted to figure out how this chapter of financial history will end, and so bought a toxic asset of their own.
Dream Of A Tropical Resort Inspires Midwest Town
County Commissioner Mike Yoder, a local dairy farmer, says he's hoping a resort can be built in Elkhart. (NPR)A year ago, nearly one in every five residents of Elkhart, Ind., was unemployed. The city had just lost thousands of manufacturing jobs. But one entrepreneur is even dreaming big — where others see a declining town in the Rust Belt, he sees the perfect spot for a resort. NPR's Chris Arnold reports.
Nation & World
3 With Ties To U.S. Consulate Killed In Juarez
Obama Proposes Dismantling No Child Left Behind
House May Vote On Health Care Overhaul This Week
Boston & Region
State House Roundup: Engagement Party
With A Signature In Green, St. Patrick’s Day Became A Holiday
Your Boston Weekend: March 12–14
Economy & Business
Business News
The Last Word In Business
Unemployment Rate Doubles For Older Women
Sports
LeBron Scores 30 As Cavs Clobber Celtics
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