The Ticker

Liberty Mutual re-org affects 80 Mass. jobs Liberty Mutual is eliminating 1,100 field customer service positions, including 80 in Massachusetts, in its sales offices around the country, and replacing them with 1,000 customer service jobs that will be...

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Snow-smashed Bay State 
lobbying feds for millions

The battery of snowstorms that slammed the Bay State this winter killed 25 people in less than a month and injured more than 1,500, the state revealed in its pitch to the White House for hundreds of millions of dollars in federal disaster aid. The whopping...

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New Balance gives Boston its sole

New Balance is releasing a new running shoe with a distinctive Boston flavor just in time for next month's 119th Boston Marathon. The limited-edition Fresh Foam Zante Boston sneaker features the Boston skyline on its insole and the word "Fastah" on...

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Uber, insurance companies agree on bill

Ride-sharing company Uber has reached an agreement with major insurance companies on a model bill that would cover drivers anytime they are working. "It's a national agreement with a number of major insurance carriers to come together and agree on some...

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The Ticker

Smart meters come to Hub Boston will replace all 8,000 parking meters in the Hub with "next generation" smart meters. The Back Bay and Innovation District will get multispace meters, which allow more vehicles to fit in a block of spaces, the city said....

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Rates drop for summer

The price of electricity is going down this summer for National Grid cus­tomers, but rates will remain higher than a year ago — with no relief in sight. "It's a little higher than last summer," said Jake Navarro, a spokesman for National Grid. "This...

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Asia stocks drift lower as Fed, China weakness weigh

NEW YORK — Asian stocks drifted mostly lower Wednesday as investor sentiment was kept in check by the prospect of higher U.S. interest rates following improved economic data as well as the lingering fears about China's weakening growth. KEEPING SCORE:...

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Rising rates deliver electric shock

A legislative committee is looking into increases in electricity prices in Massachusetts, with its chairman calling the hikes "unprece­dented" and "outrageous" as news broke that Boston residents paid far more than the national average for electricity....

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The Ticker

Plymouth firm lands drone testing contract Plymouth-based Avwatch Inc. will operate and manage unmanned aircraft system test ranges on Cape Cod and at other Bay State sites as part of a regional testing network selected by the Federal Aviation Administration...

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Councilors pitch paid parental leave

Two city councilors have proposed a local law that would create Boston's first paid parental leave policy for city employees, a step that one expert said sends a strong message to other Massachusetts employers. The proposal by City Councilors Michelle...

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Researcher is making a splash

Northeastern University could help develop the first underwater smartphone or wireless router after luring a highly cited researcher who is pioneering subaquatic Wi-Fi. Tommaso Melodia, 38, came to Northeastern in August from SUNY Buffalo and brought...

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Buckle up for the innovative Swash

Swash ($499, BestBuy.com & Swash.com) Not quite a washing machine, and not quite a dry cleaner, Swash is a new product category: a device that claims to extend the life of your clothes by cutting down on the number of wash-and-dry cycles and more...

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Some slow to embrace FASTR

A new Congressional bill that would improve public access to the roughly $60 billion in research the federal government funds each year is drawing praise from researchers who say it will accelerate innovation, and criticism from some publishers who fear...

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Fed rate hike to have big impact

When the Federal Reserve finally raises interest rates, the ripple effect will hit everything from business investment to consumer borrowing, but that doesn't make it the wrong move, experts say. "Short-term interest rates are going to go up, and that's...

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