Daily Business Update from the Boston Globe

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/business/ticker_headlines
Get up-to-the-minute Globe Business Updates   |  More Business News
	ADVERTISEMENT Tuesday, July 28, 2009 Putnam Investments to cut fees Reuters Money manager Putnam Investments said it plans to cut fees on retail mutual funds as a way to draw in assets at a time the industry has lost billions of dollars because of the financial crisis. Putnam chief executive... TJX agrees to $9.7 million settlement over breach Bloomberg News TJX Cos., the Framingham-based owner of the T.J. Maxx and Marshalls retail chains, agreed to pay $9.7 million in a settlement with 41 US states over a computer breach that left millions of consumers vulnerable to identity theft,... One-day Boston-Bermuda cruise sale By Paul S. Makishima, Globe Staff Amid a general travel industry slump, Vacationoutlet.com is springing a one-day sale on a five-night cruise departing Oct. 22 from Boston to Bermuda aboard Royal Caribbean's Jewel of the Seas. What kinds of discounts?... Mass. pension fund posts big loss By Todd Wallack, Globe Staff Hurt by the steep declined in the stock market last summer, the Massachusetts state pension fund reported its worst year in its modern history. The fund lost 23.6 percent, or $12.8 billion, in the fiscal... Boston Medical Center's Ullian plans to retire By Elizabeth Cooney, Globe Correspondent Elaine Ullian, head of Boston Medical Center since its creation, will retire in January, she said today. Ullian, 61, was chosen to lead the hospital when Boston City Hospital and Boston University Medical Center Hospital... JetBlue springs a fall sale By Paul S. Makishima, Globe Staff JetBlue has just sprung a fall sale, with one-way, online fares as low as $49 from Boston. You have to book before Aug. 6, and fares require up to a 14-day advance purchase from... IBM snaps up another Mass. company By Chris Reidy, Globe Staff Technology giant IBM Corp. said it has acquired privately held Ounce Labs Inc. of Waltham, the 13th Massachusetts company it has acquired since 2003. Ounce makes software that helps companies reduce the risks and costs... BLS releases regional unemployment figures By Chris Reidy, Globe Staff The New England unemployment rate in June was 8.5 percent, its highest point since November 1976, the Boston office of the US Bureau of Labor Statistics said. By way of comparison, the nation's unemployment rate... Cerulean Pharma closes $10m financing round By Chris Reidy, Globe Staff Cerulean Pharma Inc., a Cambridge biopharmaceutical company, said that it has closed a $10 million Series B-1 financing. Existing venture investors Polaris Venture Partners of Waltham, Venrock, Lux Capital, and Bessemer Venture Partners, which has... Grill a hot dog Patriots style By Chris Reidy, Globe Staff For the football fan who wants to tail-gate in style while also exhibiting team loyalty, an Acton outfit may have the barbecue rig for you. A company called Team Grill asserts in a press... Local housing market shows signs of moderation By Chris Reidy and Jenifer B. McKim, Globe Staff The median price for a home sold in Massachusetts last month fell 8 percent, the smallest year-over-year drop so far in 2009, the Warren Group said in a report issued this... Today in Globe Business Mass. medical leaders wary of healthcare overhaul's cost If you want to know how the proposed overhaul of the US healthcare system may play out nationally, talk to top executives at the biggest medical and life sciences companies in Massachusetts....