Greyhound sold to a German company



Fall River textile factory to expand

Merrow Manufacturing Expands Fall River Plant and Purchases Equipment with Help from a Million Dollar Loan from MassDevelopment, as part of a project that will add 150 jobs over the next three years to the 235 people at the company. Merrow, owned by brothers Charlie and Owen Merrow, is one of the largest textile manufacturers in the South Coast region. During the COVID-19 pandemic, Merrow became the largest manufacturer of nationally sourced disposable medical isolation gowns in the country, according to MassDevelopment. – JON CHESTO


South Boston company completes move to Randolph

Amramp, a manufacturer of modular wheelchair ramps as well as elevators and guardrails, has completed the move of its South Boston headquarters to 358 North St. in Randolph. The company, owned by Julian Gordon, employs 60 people and plans to add up to eight shipping and installation jobs as a result of this expansion over the next few months. The company leases a 64,000 square foot facility for its head office, manufacturing and call center, and it invested over $ 4 million in renovations to the site. The town of Randolph has offered a tax break valued at $ 315,000 over six years to facilitate the move. The Boston property is being converted into life science laboratories. – JON CHESTO


This Apple gift may not go under the tree

Buyers looking for Apple devices this holiday season are faced with a freezing reality: Most anything they could possibly want to buy will take weeks to arrive. Orders for the company’s most recent products – the iPhone 13, iPad mini, ninth generation iPad, Apple Watch Series 7, and MacBookPro – won’t be fulfilled until November or December. Even some older devices, including the iMac announced in April, the Mac Pro, and some more expensive MacBook Air setups, are experiencing delays. BLOOMBERG NEWS


Former CIA chief to advise super-rich on risks

Gina Haspel spent three decades at the Central Intelligence Agency, eventually becoming his first permanent female director. Now she is leading an effort by a U.S. law firm to advise family offices on the risks to the world’s ultra-rich. Haspel, along with Andrew Hruska, a former Justice Department official, will oversee King & Spalding’s risk advisory service, the Atlanta-based company said in a statement Thursday. The team will work with major banks and other institutional firms to help clients assess risks to family wealth related to issues such as countries of origin, regulations and cryptocurrencies. BLOOMBERG NEWS


Volvo recalls vehicles equipped with airbags

Volvo is recalling 195,000 other US vehicles because the driver’s front airbags could explode and send shrapnel into the passenger compartment. This is the company’s third recall in the United States for the issue of airbag inflators manufactured by supplier ZF / TRW. It is about the death of a driver. In total, the recalls concern more than half a million vehicles. The latest recall released Thursday by US safety regulators covers the 2001-2007 model year XC70 and V70 cars that were built from February 22, 2000 to May 4, 2007. The problem is similar to widespread problems with airbag inflators manufactured. by a bankrupt. Japanese airbag manufacturer Takata. ASSOCIATED PRESS


Facebook will pay French publishers for the news

PARIS – Facebook announced Thursday that it had reached an agreement with a group of French publishers to pay for links to their news shared by people on the social network. The company claims to have signed the license agreement with the Alliance de la Presse d’Information Générale, which represents 300 French publishers, to “improve the quality of online information for Internet users and publishers on Facebook”. Financial terms were not disclosed. Facebook also announced that it would launch a French version of its Facebook News product in January, where the group’s editors could allow their stories to appear. The licensing deal is the result of a broader push by authorities in Europe and elsewhere to force Facebook and other social media companies to compensate publishers for the content. ASSOCIATED PRESS


U.S. flight attendants would be guaranteed an extra hour of rest between shifts under a proposal released Thursday by aviation regulators. Action to reduce fatigue among airline cabin crew members has been ordered by Congress, and the Federal Aviation Administration has been increasingly criticized for missing the November 4, 2018 deadline to adopt the changes. . Most of the delay occurred under the Trump administration, which was hostile to the flight attendant unions who had called for the change and skeptical of the new regulations in general. According to FAA documents, the FAA’s proposal would in most cases extend the required rest period to 10 hours from the existing nine hours under current rules. This would not change the existing rules limiting a flight attendant’s working day to a maximum of 14 hours. BLOOMBERG NEWS


Google to cut fees for subscription services on the App Store

Google is reducing the fees it charges for subscription services on its app store following pressure from developers and lawmakers. Starting Jan. 1, the Google Play Store will charge third-party subscription apps a 15% commission, the company said Thursday. Previously, subscription apps were billed at 30% the first year, then 15% thereafter. Google also charged 15% for the first million dollars in revenue. Apple also charges 15% for subscriptions after the first year, but hasn’t lowered the 30% reduction in the first year. BLOOMBERG NEWS


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