IDC says worldwide smart phone shipments grew 4.2 percent in 3rd quarter, reaching record

Smart phone demand going strong in 3Q

FRAMINGHAM, Mass. — The global smart phone market set a record for shipments in the third quarter as it continues to weather the economic turmoil, research firm IDC said Thursday.

TJX Cos. October sales at stores open at least a year rise 10 percent

TJX posts 10 percent increase in same-store sales

Construction firm Tutor Perini moving world headquarters to Calif. from Mass.

LOS ANGELES — A major construction company is moving its world headquarters from Massachusetts to Los Angeles.

Mass. police: Illegal immigrant asks to be deported because he can’t make ends meet in US

FRAMINGHAM, Mass. — Police in Framingham, Mass., say an illegal immigrant from Guatemala entered a police station, told officers he had stolen another man’s identity and asked to be deported because he could no longer make ends meet in America.

Discount retailer TJX announces new buyback program authorizing up to $1B in stock

FRAMINGHAM, Mass. — Discount retailer TJX Cos. said Tuesday its board of directors approved a new buyback plan authorizing purchases of up to $1 billion.

Target August sales results top Wall Street’s expectations; store traffic evens out

MINNEAPOLIS — Target Corp. reported sales results at established stores in August that surpassed Wall Street projections, as the discounter benefits from improved merchandise assortments and its emphasis on low prices.

Staples 2nd-quarter profit slips on charge but adjusted results meet analysts’ expectations

NEW YORK — Staples Inc. said Tuesday its fiscal second-quarter profit dropped 39 percent, mainly due to a hefty charge related to its acquisition of Corporate Express.

TJX 2nd-quarter profit rises as its discount-oriented stores continue to lure consumers

MILWAUKEE — Discount retail operator TJX Cos. said Tuesday its fiscal second-quarter profit rose 31 percent as its stores like T.J. Maxx and Marshalls continued to lure in cost-conscious shoppers.

TJX reaches settlement with multiple states related to data theft a few years ago

FRAMINGHAM, Mass. — Discount retailer TJX Cos. said Tuesday it has reached a settlement with multiple states related to a massive data theft that occurred at the parent company of retailers T.J. Maxx and Marshall’s a few years ago.

Staples declares quarterly dividend of 8.25 cents, payable July 16

FRAMINGHAM, Mass. — Staples Inc. on Tuesday declared a regular quarterly dividend of 8.25 cents per share, payable July 16 to shareholders of record June 26.

Police arrest suspected pot dealers after the pair allegedly tailgated an unmarked squad car

FRAMINGHAM, Mass. — Two suspected pot dealers were arrested after police said the pair tailgated an unmarked police car. Police said 23-year-old Jonathan Gonzalez and 19-year old Felicia Deneen tailgated the police vehicle Wednesday and were later stopped.

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