Source: WBZ's New England Business

Description: Listen to interviews with business leaders, CEO's, analysts, economists, innovators & entrepreneurs about the biggest local business developments in our corner of the world.

LoJack epanding its operations

LoJack epanding its operations

WBZ's Anthony Silva reports LoJack has received the okay for an assortment of new products, including applications to track missing people.

Audio|Wed, 3 Sep 2008
|LoJackfound at0:02, 0:51

“…This is Anthony silver in the double BBC newsroom LoJack corporation of Westport. Has received the green light from the FCC to use its network for an assortment of new products the FCC -- lo Jack's request to use its nationwide frequency. For new applications. Including tracking missing people. I spoke with LoJack CEO Ron waters. …”

“…this product expansion. What are you looking forward to developing on the Fallujah. . …”

Warren: Mass. foreclosures shot up 34% in July

Warren: Mass. foreclosures shot up 34% in July

WBZ's Anthony Silva spoke with Tim Warren, head of the Warren Group.

Audio|Tue, 2 Sep 2008
|Brocktonfound at2:37, 0:12

“…ones that the hardest hit. Neighborhoods abolished. Difference -- me and Lawrence. Brockton. . Those kinds. Older cities that. Have been hardest it. What strict it is also -- and one thing yeah. Leaders -- in foreclosure activity. So it I think that we're probably going to continue to see those -- as the most prevalent. In the foreclosure activity. More affluent communities. Some of them are are doing fairly well in terms of their numbers sales and median prices. . So I don't think those well we'll see -- foreclosure. . Material because they think they have the opportunity. To perhaps find a buyer that he can pay as much as the outstanding …”

“…mounting. The Warren group issued its report in July sales revealing that foreclosure deeds jumped 34% in July compared to the same time last year. I spoke with Tim Warren of the war group about …”

Bank of America buying back risky securities from two Mass. agencies

Bank of America buying back risky securities from two Mass. agencies

The securities were purchased by the Turnpike Authority, and the Massachusetts Housing Partnership. WBZ's Anthony Silva speaks with the head of the Partnership.

Audio|Wed, 27 Aug 2008
|student loansfound at2:47, 0:18

“…there were already AAA. In our case they were students. They were. Collateralized by a student loans from government guarantees that certainly. Days looked and felt like liquid and very secure investments but that contracted -- …”

“…were purchased by the turnpike authority and the Massachusetts housing partnership. The executive director of the partnership Clark Ziegler tells me there was great concern. …”

Report: Massachusetts real estate prices holding their own

Report: Massachusetts real estate prices holding their own

The Standard & Poor's Case-Schiller index shows home prices falling in the 2nd quarter more sharply than ever, nationally. Karl Case tells WBZ's Anthony Silva that Massachusetts is bucking the trend.

Audio|Tue, 26 Aug 2008
|price indexfound at0:19, 2:41

“…Single family home sales slipped 6% in July. But there are some bright spots sales climbed some companies including -- Franklin -- double in -- sheer. Meanwhile a widely watched housing index released today. -- home prices dropping by the sharpest rate ever in the second quarter. But not here in Massachusetts. Standard and poor's case Shiller US national home price index. . Tumbled a record 15%. During the quarter from the same period a year ago but Boston was one of the bright spots. . I spoke with the author of the report. Wellesley College economics professor Karl case. …”

“…dropping. But they're not dropping -- they work so there's been deceleration in the rough places. Can actually pick up in the of this city the twenty cities. …”

Slightly fewer drivers expected on the roads Labor Day Weekend

Slightly fewer drivers expected on the roads Labor Day Weekend

Mary Maguire of AAA Southern New England tells WBZ's Rod Fritz the roads will be just a bit less crowded this holiday weekend.

Audio|Mon, 25 Aug 2008
|holiday weekendfound at0:04, 0:40

“…We're not. Projecting a huge decrease were projecting a slight decrease in the number of Americans traveling during the upcoming Labor Day holiday weekend. . We're looking at a decrease of about point 9%. So nearly. 34 point four million Americans will travel at least fifty miles …”

“…I think you're right on the money I mean certainly gas prices are still almost a dollar hired and they were at this time last year. Last year we were looking at an average …”

Lizzie Borden Museum opens Saturday in Salem

Lizzie Borden Museum opens Saturday in Salem

The owner of the Lizzie Borden Bed and Breakfast in Fall River filed a federal suit to keep Leonard Pickel from opening True Story of Lizzie Borden in Salem. Pickel spoke with WBZ's Anthony Silva.

Audio|Fri, 22 Aug 2008
|historical societiesfound at2:48, 0:07

“…to convert this into and thicker side into the sort of the historical societies so. He didn't really mean we would have opened a business that we thought it was in violation of trademark. . And actually -- some you know some concessions already but that didn't seem to be enough so. So you're. …”

“…discussion about why locating. This museum. You know in Salem on the north shore far from Fall River obviously and what the attraction of -- wants. …”

Lizzie Borden Museum opens Saturday in Salem

Lizzie Borden Museum opens Saturday in Salem

The owner of the Lizzie Borden Bed and Breakfast in Fall River filed a federal suit to keep Leonard Pickel from opening True Story of Lizzie Borden in Salem. Pickel spoke with WBZ's Anthony Silva.

Audio|Fri, 22 Aug 2008
|historical societiesfound at2:48, 0:07

“…to convert this into and thicker side into the sort of the historical societies so. He didn't really mean we would have opened a business that we thought it was in violation of trademark. . And actually -- some you know some concessions already but that didn't seem to be enough so. So you're. …”

“…discussion about why locating. This museum. You know in Salem on the north shore far from Fall River obviously and what the attraction of -- wants. …”

Galvin lands another investment settlement

Galvin lands another investment settlement

Secretary of the Commonwealth William Galvin tells WBZ's Anthony Silva that Merrill-Lynch has agreed to return about $10 million. Galvin was instrumental in reaching this national settlement.

Audio|Thu, 21 Aug 2008
|Merrillfound at0:22, 1:35

“…a typical -- or small businesses and individuals. They were announcing that Merrill has agreed to buy back all elected annually illiquid auction rate securities that -- value. From all Merrill's retail customers including nonprofits who had less than three million tie ups -- up to three minutes. After that. And up until January 15 2009. Merrill buy back -- par value. All -- under a hundred million. So we think this fall -- retail investors pretty much -- clean slate here. We're pleased about this one of the reasons were putting out even -- the fines fees and other details of yet to be resolved. Is that we know that Merrill have announced a voluntary by dark almost two weeks ago. Without that some investors might be confused you know some of them …”

“…is Tuesday. The amount of money held by investors under three million retail investors as two point one -- and the total amount of holdings that girl that sold out and did. …”

NSTAR lowering electric rates for largest commercial customers

NSTAR lowering electric rates for largest commercial customers

NSTAR's Caroline Allen tells WBZ's Anthony Silva about the coming changes.

Audio|Thu, 21 Aug 2008
|kilowatt hourfound at0:48, 2:01

“…price cuts and what is his we're going for fourteen cents. The kilowatt hour to eleven cents a kilowatt hour. . And what's driving this is really. Energy prices -- mean everyone knows the energy prices are high these days for all kinds of fuels but. Very recently there's been -- slight decline in the fuels used to …”

“…Yes we purchased for those customers on six month rolling basis and so those rates won't change again until January 1. And we'll know what those prices are come November so -- it's …”

NSTAR lowering electric prices for largest customers

NSTAR lowering electric prices for largest customers

NSTAR's Caroline Allen tels WBZ's Anthony Silva about the coming changes for the utility's largest commercial customers.

Audio|Thu, 21 Aug 2008
|kilowatt hourfound at1:03, 2:16

“…price cuts and what is his we're going for fourteen cents. The kilowatt hour to eleven cents a kilowatt hour. . And what's driving this is really. Energy prices -- mean everyone knows the energy prices are high these days for all kinds of fuels but. Very recently there's been -- slight decline in the fuels used to …”

“…Yes we purchased for those customers on six month rolling basis and so those rates won't change again until January 1. And we'll know what those prices are come November so -- it's …”

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