[0:14]..." with a one. Sprint Nextel will lay out some 8000 positions and Home Depot and -- the comfortable clothes its expo design locations. Eliminating some 7000 jobs. Home Depot's move reflects the continuing effects of the recession and downturn in the home improvement and building markets. -- came Home Depot spoke with. "...

[2:58]..." to. You know. Still have some of those customers shop and traditional home Depot's stores but. We have like -- capsule and decline in demand for and for these tiny and declined. Design projects. "...

[3:11]..." is WBZ business producer Michael Epstein stay with us for New -- business reports weekday mornings at 38 past the hour. And weekday afternoons at 25 past the hour here on WBZ news radio 1030. "...

[0:31]..." now. Even beginning to play with the -- deep corrections. That the United States faces -- that -- Massachusetts cannot escape from. And I'm afraid that not only of these bad but that's the every single "...

[0:53]..." of many examples this morning statistics included. Absolutely it's. Announcement. About. Slowing economic growth. In China. China is one of the very few countries in the world that is still growing. As opposed to shrinking which "...

[2:44]..." look like him in the offing and it still possible. Then yes Massachusetts's. Health care industry. At least parts of it might be able to weather is still. "...

[2:00]..." not hours not days but certainly minutes. Were running a real time electricity grid. So it only makes sense that we should be able to do what we do they'll do electricity grid in real -- we're talking about electronic signals that go out in minutes and were able to curtail. Hundreds of megawatts in the New England region alone our company manages well over 2000 megawatts of a demand response across North America. And that means that it's it's "...

[0:07]..." electronically regulate peak electric use. In -- says City Hall the Boston Public Library in Boston Police headquarters will be tied into the electronic demand response network. I spoke with the chairman of you know knock "...

[1:31]..." and in turn it helps us avoid those those. Peak times and electricity grid when. Or nervous about blackouts and brownouts and electricity outages in the region. "...

[0:00]..." Anthony silver in the WBZ newsroom the Obama inauguration could not shake Wall Street out of the doldrums as the banking industry's problems intensify. The parent company of Citizens Bank the Royal Bank of Scotland is forecasting losses stopping 41 billion dollars the biggest ever for British corporation meanwhile Bank of America. We'll begin cutting as many as 4000 jobs in its capital markets unit and State Street shares are down -- with thirteen your little. I spoke with the chief financial strategist at Jefferies and company are Hogan you're in Boston. Our art how would you would describe. What Wall Street's going through today with these hits from a major banks. "...

[0:57]..." the car pool. He get more money to accomplish the consolation of Merrill Lynch. -- there's just the domestic international banks are giving us worse than expected fourth quarter numbers the magnitude of the issues the "...

[1:42]..." you look at companies like Morgan Stanley which is -- 50% of the band start its already -- 70% coming into the year. So you know I think that there's a there's a lot of damage "...

[0:01]..." sold as food companies and retailers recall poster products made with peanut butter because of the Salmonella outbreak. One local peanut butter company says it is not part of that recall. The Levitt corporation of Everett which makes Teddy peanut butter and other private label products. Says they have no connection with a Georgia company that is the focus of these recalls. Spoke with -- executive vice president mark hit -- "...

[0:37]..." on the shelves might have been involved. And first and foremost Teddy peanut butter and all the other brands. Sold in supermarkets. In retail consumer sizes. Our our 100% safe and wholesome and not part of "...

[2:16]..." right. That this company in torture apparently supplies to. Many companies with peanut butter and peanut -- as to be used as an ingredient in the finished products such as -- butter crackers and -- cookies. "...

[6:13]..." This is WBZ business producer Michael Epstein stay with us for New England business reports weekday mornings at 38 past the hour. And -- afternoon to 25 past the hour here on WBZ news radio 1030. "...

[0:00]..." This is Anthony sold at WBZ news actor comedian Steve Carell from the office TV series is the new owner of a historic general store. Corel has purchased the marsh field -- general "...

[2:01]..." It's a page out of Norman Rockwell now. "...

[0:00]..." silver in the WBZ newsroom in the midst of the market downturn Putnam investments here in Boston. Is offering some new mutual funds with a twist funds with a target return. Now according to potential research almost half of the investors polled described themselves as scared by this current market environment. Putnam president and CEO Robert Reynolds tells me these four funds will each designed to outperform inflation. "...

[0:35]..." targeted and they are actual return news. That as opposed to most mutual funds these phones in best to work -- specific return targets. And we came I was or farms to start off with -- and it. As a hundred basis points over treasuries went and -- 300 basis points over treasuries. One events 501. Seven Concord. And with just does uses. Provides that there are structured to provide aid policy return year after year. And again the target "...

[2:25]..." fees so for us to get our standard C switcher. -- treason mutual funds. We have to hit the return targets. And again if it's the Putnam actual return. On top 5500. We have to hit to 500 theaters industry if not it were last and that she use "...

[1:38]..." It's the same type of technology but it's actually our next generation it's it's. One step improved from New York. This technology that rolled out and so what we had to do was basically take the technology that we built. And the "...

[0:08]..." your route to allowing instant credit card payments. Creative mobile technologies of New York has won this contract I spoke with the CEO. All of creative mobile technologies president Jessie Davis. "...

[2:02]..." While the technology provides its head and a half inch screen to the customers will be installed into the partition. And so and on the screen will be our taxi entertainment network it'll "...

[3:25]..." This -- WBZ business producer Michael Epstein stay with us for New England business reports weekday mornings at 38 past the hour. And weekday afternoons at 25 past the hour here on WBZ news radio 1030. "...

[1:12]..." me about some of this of this investment -- notes in mobile wireless technology. But are these mostly smaller companies were talking about. "...

[3:12]..." buying applications. And pin number of applications that have an elite -- iPhone apps or an android marketplace that we've seen. To growing. And it's still growing industry. "...

[0:41]..." The anti blood clotting drug is derived from the milk of goats who have been genetically engineered and the CEO of GTC. Bio therapeutics Jeff Cox says those goats are essential. "...

[2:56]..." efficiency indication somewhere between sixty and a 100000 people in the United States who probably have this particular disorder. The bit unusual for refugees noted that it. It tends to be an acute treatment for "...

[3:58]..." manufacturing the past people. And he's from and from plasma in the United States and about a 150 -- so it's a very powerful technology producing. Large volumes of therapeutic proteins. "...