Oil prices shot up more than $6 a barrel, breaking back into $100 territory as a sweeping government plan to rescue the imperiled U.S. financial system emboldened investors to re-enter the markets.
Cathy E. Minehan, managing director of Arlington Advisory Partners, was named chairwoman of the Massachusetts General Hospital board of trustees. Minehan previously served as president of the Federal Reserve Bank of Boston.
MillerCoors LLC said delaying plans for Sparks Red, a new caffeine-infused alcoholic energy drink, pending talks with the 25 states, including Massachusetts, that asked the company not to release the beverage.
The monthly premium for the vast majority of the elderly and disabled participating in Medicare will hold steady at $96.40 next year. It’s the first time since 2000 that the charge for health coverage is not increasing.
Women’s fashion retailer Forever 21 will open stores at five Simon Property Group-owned malls in Massachusetts in the next year, starting with the Auburn Mall today. Others will open later at malls in Watertown, Peabody, Hyannis and Burlington.
VMware Inc. said Paul Chan, a senior executive in charge of product development at the software maker that’s majority-owned by EMC Corp., is leaving, the latest in a recent string of executive departures there.
Luxury toy retailer FAO Schwarz will open a store-within-a-store inside Macy’s Downtown Crossing store in Boston on Oct. 3.
Woburn’s MBL International Corp. said the FDA approved its test kits for detecting bullous pemphigoid, a chronic blistering of the skin that affects about 3,000 people in the U.S. annual
