Boston Globe -- Business NewsBoston.com features New England business and economic news straight from the pages of the Boston Globe.Bernanke moves to make Fed more open- November 15, 2007 WASHINGTON - Federal Reserve chairman Ben Bernanke moved yesterday to break down even further the aura of secrecy that historically has enshrouded the institution that sets interest rates, taking steps to keep Main Street and Wall Street more closely wired to decisions that can make or break lives and businesses.http://www.boston.com/business/articles/2007/11/15/bernanke_moves_to_make_fed_more_open?rs... Energy official: Oil will drop, gasoline will rise- November 15, 2007 WASHINGTON - Oil prices are likely to fall at least another $10 a barrel by next year, a top Energy Department official said yesterday, but he warned gasoline and heating oil prices will continue to rise in coming weeks.http://www.boston.com/business/articles/2007/11/15/energy_official_oil_will_drop_gasoline_... 'Green mortgages' taking root- November 15, 2007 First came green homes. Now comes a mortgage to match. So-called green mortgages are the latest innovation in the push to promote more energy-efficient houses, whose owners enjoy lower utility costs thanks to solar panels, improved insulation, thermopane windows, and other money-saving products. Also called energy-efficient mortgages, they allow home buyers to qualify for larger loans on the premise that ...http://www.boston.com/business/personalfinance/articles/2007/11/15/green_mortgages_taking_... Bear Stearns trades broke rules, state says- November 15, 2007 Massachusetts Secretary of State William F. Galvin yesterday charged a unit of Bear Stearns Cos. with engaging in improper trading activities at two collapsed hedge funds, the first action by regulators following the funds' meltdown over the summer.http://www.boston.com/business/articles/2007/11/15/bear_stearns_trades_broke_rules_state_s... Glaxo's Avandia to get tougher heart risk label- November 15, 2007 WASHINGTON - GlaxoSmithKline PLC's Avandia, the world's best-selling diabetes drug last year, will carry US regulators' strongest warning on the risk of heart attacks.http://www.boston.com/business/healthcare/articles/2007/11/15/glaxos_avandia_to_get_toughe... Ruling could cause snag as lenders seek to foreclose- November 15, 2007 A federal judge in Ohio has ruled against a longstanding foreclosure practice, potentially creating an obstacle for lenders trying to reclaim properties from troubled borrowers and raising questions about the legal standing of investors in mortgage securities pools.http://www.boston.com/business/articles/2007/11/15/ruling_could_cause_snag_as_lenders_seek... Lexington firm is just getting warmed up- November 15, 2007 Like their customers, Arlex Oil Corp. executives John W. Maloney and David Eagle are wondering whether there will be any relief this heating season from escalating oil prices.http://www.boston.com/business/articles/2007/11/15/lexington_firm_is_just_getting_warmed_u... Write-downs by 2 big firms may presage further woes- November 15, 2007 NEW YORK - Billions in mortgage losses reported during the third quarter could be a prelude to even bigger losses in the fourth quarter, and two more financial institutions yesterday warned of substantial write-downs.http://www.boston.com/business/articles/2007/11/15/write_downs_by_2_big_firms_may_presage_... On guard at Gatehouse- November 15, 2007 A financial update: The newspaper business still stinks. That's not news to anyone who follows the public stocks of big newspaper companies, including this paper's corporate parent, The New York Times Co. Now one company that has spent most of the past year swimming against that powerful tide finds itself losing favor, too.http://www.boston.com/business/markets/articles/2007/11/15/on_guard_at_gatehouse?rss_id=Bo... NYSE's John Thain to lead ailing Merrill Lynch- November 15, 2007 NEW YORK - In the game of Wall Street musical chairs, one of the biggest seats has just been taken.http://www.boston.com/business/articles/2007/11/15/nyses_john_thain_to_lead_ailing_merrill... |