Boston Globe -- Business NewsBoston.com features New England business and economic news straight from the pages of the Boston Globe.TJX escapes a beating- December 4, 2007 News item: Retailer TJX Cos. agrees to reimburse banks $40.9 million to cover costs incurred in the mother of all financial data breaches, which compromised as many as 100 million debit and credit cards.http://www.boston.com/business/globe/articles/2007/12/04/tjx_escapes_a_beating?rss_id=Bost... Musicians can sell their songs on MySpace- December 4, 2007 MySpace, the social networking site where people create home pages and embellish them as they would a dormitory room, plans today to start selling songs and trying to position itself as a destination for hearing and buying new music.http://www.boston.com/business/globe/articles/2007/12/04/musicians_can_sell_their_songs_on... Houghton sells college text line in $750m deal- December 4, 2007 Houghton Mifflin Co. is selling its college textbook unit to Cengage Learning for $750 million so it can focus on its publishing business geared to kindergarten through 12th grade, as well as trade and reference publications.http://www.boston.com/business/globe/articles/2007/12/04/houghton_sells_college_text_line_... Lenders back Paulson plan on mortgages- December 4, 2007 WASHINGTON - Countrywide Financial Corp. and Washington Mutual chiefs endorsed Treasury Secretary Henry Paulson's effort to negotiate a loan-modification plan to help keep subprime borrowers from losing their homes to foreclosure.http://www.boston.com/business/globe/articles/2007/12/04/lenders_back_paulson_plan_on_mort... Falling prices driving crisis- December 4, 2007 The recent spike in home foreclosures in Massachusetts is caused primarily by falling housing prices, and not by rising mortgage payments, according to research released yesterday by the Federal Reserve Bank of Boston.http://www.boston.com/business/globe/articles/2007/12/04/falling_prices_driving_crisis?rss... Insurers' plan seeks to curb rising costs of healthcare- December 4, 2007 A group of Massachusetts health insurers yesterday proposed a wide-ranging set of recommendations intended to help control rising premiums and provide consumers with more information about why rates go up.http://www.boston.com/business/globe/articles/2007/12/04/insurers_plan_seeks_to_curb_risin... Patrick invokes historic link to China- December 4, 2007 BEIJING - On his first foreign trade mission, Governor Deval L. Patrick yesterday told a Beijing audience Massachusetts and China have had a "special trade relationship" that spans more than two centuries. Patrick noted the first US merchant ship to sail for China - in 1784 - had Boston owners.http://www.boston.com/business/globe/articles/2007/12/04/patrick_invokes_historic_link_to_... |