As student loan debt in the United States approaches the $1-trillion mark and has become the largest form of unsecured debt in the nation, federal and state lawmakers are looking for ways to ease the burden on students and turning to performance-based funding for schools as a possible cure.
About a year-and-a-half ago, executives at Chicago-based Toyoda Machinery USA determined it was time to make their entrance into New England, a region home to a healthy population of machine shops that historically had access to Toyoda's high-end machines through distributors. The point of entry would be a tech center and showroom.
With passenger vehicles leaving Logan International Airport every 20 minutes on weekdays, the cost of fuel for Knight's Airport Limousine in Shrewsbury adds up quickly. Owner Michael Hogan said the business spent $1.1 million on gasoline in 2012 and was on track to spend about the same this year.
No wind turbine goes up in Massachusetts without a fight. That's a key reason the Bay State ranks just 35th in wind power capacity, several industry experts argued.
Should Massachusetts buy electricity from large Canadian hydropower facilities? Ask Christophe Courchesne of the Conservation Law Foundation, a group dedicated to environmental causes, and he says “the devil is in the details.” Ask Robert Rio of the business group Associated Industries of Massachusetts (AIM), and he uses the exact same phrase.
It appears unlikely that the Federal Reserve's surprise decision to continue buying $85 billion in bonds each month will jumpstart the Central Massachusetts housing market, several Realtors and bankers said.