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  • BARRINGTON — The School Committee and the teachers union have agreed to a new three-year contract requiring most teachers to pay more for their medical insurance and raising pay by 2 to 2.95 percent annually.
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  • Retailers such as Target and Nordstrom are facing surging credit card delinquencies. Many retailers have a store-branded credit card, though many have unloaded their credit card portfolios to banks.Target and Nordstrom, among a handful of other retailers, defied this trend, which looked like a smart move when times were good. Retail credit cards typically charge interest rates of 20% of more, ...
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  • New York's canal system is closing for the winter Saturday, following a season that saw a sharp decline in traffic. So far this year, recreational, commercial and tour vessels have passed through canal locks 113,368 times. That's down 21.7 percent from last year.
    www.rnews.com
  • German carmaker Opel, a unit of troubled US giant General Motors, has asked the German federal government and regional states for credit guarantees to ensure its financing, its chief executive Hans Demant told the online edition of business newspaper Handelsblatt.
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