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Moody’s drives down Cyprus rating

NICOSIA, Cyprus – International credit rating agency Moody’s drove Cyprus deeper into junk Thursday with a three notch downgrade from B3 to Caa3 over concerns that the country may ultimately default on its burgeoning debt level. Moody’s says more downgrades are possible for the country that is trying to finalize a bailout with international lenders […]

Posted inBusiness

Briefcase

General Motors to open new center near Atlanta General Motors says a new information technology center in suburban Atlanta expected to open by March will create 1,000 white-collar jobs as part of its new focus on producing software and other applications in-house. The automaker announced Thursday that it is hiring software developers, project managers, database […]

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New England Dispatches

BOSTON ‘Boomtown’ host Trailer dies at family’s home in Florida Rex Trailer, the native Texan beloved by a generation of New England children for the cowboy skills he demonstrated on the Boston-based television show “Boomtown,” has died. His friend and manager Michael Bavaro said Trailer died Wednesday at his family’s home in Florida. He was […]