Thursday, August 27, 2009

Daily Business Update from the Boston Globe

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Thursday, August 27, 2009

Maine regulators approve 22-turbine wind farm
Associated Press AUGUSTA, Maine -- Maine environmental regulators have given their final go-ahead to a 22-turbine wind farm near Rumford whose principals include former Governor Angus King. The $120 million windmill project is to be built on ridgelines of Partridge...

Hill Holliday unveils TV spot for Chili's
By Chris Reidy, Globe Staff Boston ad agency Hill Holliday said it recently developed a 30-second TV spot for Chili's Grill & Bar to highlight the restaurant chain's annual campaign to help St. Jude Children's Research Hospital. A Hill...

JetBlue to add SF flight
By Paul S. Makishima, Globe Staff JetBlue says it will ramp up service to San Francisco in January and part of the plan involves adding a second daily flight from Logan to the City by the Bay. The discount carrier...

TD Bank fiscal 3rd-quarter profit down 8.5 percent
Associated Press TD Bank Financial Group, North America's sixth largest bank by branches, said Thursday tough economic conditions took a toll on some of its businesses, leading to a decline in its fiscal third-quarter profit. The Toronto-based bank, which has...

Raytheon gets nearly $19m US Navy order
Associated Press A unit of Raytheon Co., the Waltham-based defense contractor, received a nearly $19 million order from the Navy to buy 38 radar upgrade kits for F/A-18D aircraft used by the Marine Corps, the Pentagon said late Wednesday. Work...

WEEI.com reports jump in page views
By Chris Reidy, Globe Staff WEEI.com, the website of local sports radio station WEEI-AM, said that it recorded 4,279,677 page views in July, up from 2,275,405 in July 2008. "This was the first time the site cracked the 4 million...

New Mass. business directory is launched
By Chris Reidy, Globe Staff A coalition of public and private groups is partnering to launch an online business-to-business directory called BuyMass.org that aims to foster new job and business opportunities throughout the state. The coalition behind the initiative includes...

Content websites outdraw social networking sites
By Chris Reidy, Globe Staff Consumers under 35 devote much of their online time at entertainment news and gaming websites while middle-age folks are more interested in using the Internet to read about news or to go shopping, but whether...

Stop & Shop expands its discount program
By Chris Reidy, Globe Staff The Stop & Shop Supermarket Co. said it is escalating its discount program by doubling the number of sale items each week. The Quincy-based chain added in a press release that is also "introducing new...

US farmers warm to community agriculture model
Reuters MILLIS - As he finished packing corn, tomatoes and blueberries into shopping bags at a Massachusetts farm, software engineer Alex Lian said his new shopping habits had changed his attitude to food. "As a city person, I've never had...

Market for Linux operating systems grew in 2008
By Chris Reidy, Globe Staff Worldwide revenue from Linux operating system software grew by 23.4 percent from 2007 to 2008, and that growth will be followed by a 2008-2013 compound annual growth rate of 16.9 percent, IDC said in a...

RI coalition offers student loan aid for doctors
Associated Press PROVIDENCE -- A coalition of Rhode Island health care organizations is offering to help pay student loans for doctors who become primary case physicians in the state. Under the program announced yesterday, doctors would be eligible for up...

WPI is set to open a life sciences center today
By Chris Reidy, Globe Staff Worcester Polytechnic Institute said it will officially open a life sciences center today. The new $11.5 million facility will be called the George I. Alden Life Sciences & Bioengineering Educational Center, said WPI in a...

Today in Globe Business
Super 88 grocery chain is being sold Super 88, Boston?s homegrown Asian supermarket chain, is being sold to a New York company, Hong Kong Supermarkets Inc., ending months of speculation about the future of the firm. Hong Kong Supermarkets officials...

Wednesday, August 26, 2009

Galvin identifies new Madoff victims
By Beth Healy, Globe Staff Massachusetts Secretary of State William Galvin said his office has identified three more Madoff victims, who gained access to the convicted swindler's firm through hedge funds, including Fairfield Greenwich Advisors. Fairfield is a New York...

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