Friday, October 23, 2009

Daily Business Update from the Boston Globe

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Friday, October 23, 2009

Obama wants America to lead in green energy
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Patsky is the new CEO at Trillium Asset Mgmt.
Trillium Asset Management Corp., a firm with offices in Boston that focuses on "responsible and sustainable investing," said that Matthew Patsky has joined the firm as chief executive. "His selection is the culmination of a comprehensive executive search, to help...

Celtics team up with Chipotle Mexican Grill
The Boston Celtics and Chipotle Mexican Grill announced a deal that makes the chain of burrito restaurants an official team partner. The partnership will contain elements both in the Celtics game presentation and community relations efforts, the Celtics said. ?Chipotle?s...

Vermont city's foray into telecom hits $17m snag
Associated Press BURLINGTON, Vt. -- A public option for phone, cable, and Internet seemed like a good idea when this Vermont college town launched Burlington Telecom four years ago. Now top city officials are under fire to explain a $17...

Bernanke urges Congress to enact financial reforms
By Robert Gavin, Globe Staff HARWICH?Federal Reserve Chairman Ben Bernanke, acknowledging that failures in oversight contributed to a near-catastrophic financial crisis, today called on Congress to enact comprehensive reforms that would close gaps in regulation, prevent future bailouts, and create...

Alpha Omega will sell some PerkinElmer products
PerkinElmer Inc., a Waltham company that provides instruments and test equipment to a range of industries, said it has entered into a resale arrangement with Alpha Omega Technologies Inc., which is also known as AOTI. "Under this arrangement, AOTI will...

Cabot expands carbon black capacity in China
Cabot Corp. announced the commissioning of 150,000 metric tons of manufacturing capacity at its carbon black facility in Tianjin, China, bringing the plant's annual production capacity to nearly 300,000 metric tons. "The state-of-the-art manufacturing facility is a project of...

Rockport, Converse talk up sneakers and shoes
Andy Baldwin of ?The Bachelor: An Officer and a Gentleman? fame will don its DresSports 2 for the NYC Marathon, the Rockport Co. of Canton said. "Rockport has taken major steps to update the DresSports collection by making style and...

Today in Globe Business
Money changed everything As they watched a Red Sox playoff game a year ago at Fenway Park, Alan Lewis, chief executive of Grand Circle Travel, turned to his younger brother, Hank, and told him he needed money and he needed...

Thursday, October 22, 2009

State Street's Logue to retire
By Beth Healy, Globe Staff State Street Corp. Chief Executive Ronald E. Logue, 64, announced that he will retire next March 1 from the Boston financial services giant he has led through one of its rockiest periods. He will be...

Digital billboard is up and running in Stoneham
A new digital billboard is up and running advertising messages, said the billboard's operator, Clear Channel Outdoor. "The double-sided board is located on I-93 in Stoneham, south of the Route 128 loop, where more than 117,000 vehicles pass each...

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