This just in…
A major Boston-based student loan company is feeling the effects of the credit crunch. First Marblehead is laying off nearly half its workforce. The company says it reached the decision after a major loan partner, Bank of America, decided to get out of the private student loan business.
Most of the 500 people losing jobs are based at the firm’s Medford office.
The State Senate is reviewing a budget plan. House members have already passed their $28 billion version, which includes 210-million dollars more than what Governor Deval Patrick originally proposed. The House is planning to tap the "rainy-day" fund for the additional spending.
Firefighter Disability Abuse - Federal authorities are investigating whether Boston firefighters faked on-the-job injuries to get higher pensions. The FBI has convened a grand jury investigation and has served more than a dozen subpoenas to current and former city firefighters.
In Radio Boston’s Random Drug Testing show in January, we talked with two retired firefighters who told us stories of colleagues who purposely injured themselves to file on-the-job injury claims.
See you later BostonNOW - The free newspaper geared toward public transit commuters is shutting down. The paper came on the scene a year ago, rivaling the free daily paper Metro Boston. More than 50 full-time and 100 part-time employees will lose their jobs.
The publication’s primary investor, the Iceland-based Bauger Group, says it was forced to sell the paper and other holdings because of rising interest rates, inflation and the devaluation of Iceland’s currency.
Now that the ground has thawed let’s go on an archaeological dig. What are some of the latest big local discoveries? What do historical artifacts teach us about our past?
