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Wed. Jan. 02, 2013 Massachusetts foreclosure activity drops in November Massachusetts foreclosure activity fell in November as fewer struggling homeowners went into foreclosure and lost properties to lenders, according to new data released Wednesday. There were 295 completed foreclosure filed in November, 2012, a decline of almost 60 percent from November 2011. Between January and November, there were 7,158 homeowners who lost their properties to foreclosure -- a nearly 8 percent drop compared to the first 11 months of 2011	Advertisement
Newton-based BigBelly Solar names new chief executive Compacting trash and recycling can maker BigBelly Solar Inc. said Wednesday it has hired former Infinite Power Solutions chief executive Jim Norrod to the same position. The Newton-based company said it picked Norrod because the veteran chief executive has a record of growing companies, leading some toward profitable mergers and acquisitions.
WTKK scraps talk, relaunches as urban contemporary music station WTKK-FM made its anticipated switch from talk to music Wednesday, rebranding as Power 96.9 with an urban contemporary format at the conclusion of the final “Jim & Margery” morning show, hosted by Jim Braude and Margery Eagan. A format change by WTKK, a talk radio station since 1999, had been reported for weeks but owner Greater Media Inc. had kept the music genre a secret.
Avis buys Zipcar for $500 million Cambridge-based Zipcar is being acquired by Avis for nearly $500 million, following a period in which the pioneering local hourly car rental company faced increased competition from traditional car rental companies entering the hourly rental market.
DOR says it will miss deadline to release annual film tax credit report For the second time in three years, the Department of Revenue has missed a statutory deadline to produce a report on the controversial film tax credit program. Agency spokeswoman Ann Dufresne said the report - which by law was required to be released by December 31 -- was still being reviewed Monday.
Upper Crust workers’ lawyer raising funds to buy four more stores The lawyer representing former Upper Crust employees who is turning the bankrupt pizza chain’s former Harvard Square location into a worker-owned store is spearheading a fundraising effort to turn four more Upper Crust restaurants into worker-owned stores.
Extended unemployment benefits go over ‘cliff’ Federal unemployment benefits for people unemployed more than 27 weeks expired Saturday, cutting off an estimated 45,000 Massachusetts residents as negotiations over the so-called fiscal cliff stalled. Those affected are mostly the long-term unemployed, who will file their final claim this week. About 2 million people nationwide are expected to lose benefits, according to the National Employment Law Project.
Safelite declines to comment on talks to buy Giant Glass Safelite Group, the country’s largest providers of vehicle glass repair services, declined to comment Monday on possible negotiations to buy a prominent competitor in Massachusetts, Giant Glass Co.
Cumberland Farms to give away free coffee starting at 5 pm until 5 am January 1 Free lunch may be hard to come by, but free coffee is not. Starting at 5 pm today and until 5 am on Tuesday, Cumberland Farms will be giving away free coffee at its stores. Customers will be treated to a complimentary cup of Farmhouse Blend, iced or hot. It’s the sixth year in a row the company has offered this freebie.
Gallon of gas in Massachusetts up by a penny to $3.41 a gallon, 12 cents above the national average The cost of a gallon of gas in Massachusetts has inched up by a penny in the past week.
Top Massachusetts business stories of the year, as voted on by our readers Readers have spoken, and by an overwhelming margin the biggest local business story of 2012 was NStar’s merger with Northeast Utilities that also included an agreement to buy power from the controversial Cape Wind project. Here are the others that rounded up the top five:
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