Tuesday, March 9, 2010

Daily Business Update from the Boston Globe

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Tuesday, March 9, 2010

Faux website looks to scam Madoff victims
As if things weren't tough enough for Bernie Madoff's victims: Scam artists have created a faux website mimicking that of the agency handling claims for the swindler's investors.

British Airways pension trustees tap State Street
State Street Corp., a Boston company that provides financial services to large investors, said it that it has been retained by the British Airways Pension Trustees to service its ?14 billion UK pension fund.

Green Mountain Coffee extends tender offer again
WATERBURY, Vt. - Green Mountain Coffee Roasters said that it has again extended a tender offer as it attempts to buyout Diedrich Coffee.

Orthofix sells vascular business to Covidien
Medical device maker Orthofix International NV said has sold its vascular business to Covidien PLC and plans to use proceeds from the sale to pay down debt.

Home improvement issues top consumer complaint
Complaints against home improvement contractors topped the list of consumer complaints made to state officials during 2009, the Massachusetts Office of Consumer Affairs and Business Regulation said this morning.

Spring forecast shows modest rise in NH tourism
Forecasters are projecting a slight increase in the number of tourists visiting New Hampshire this spring.

WBZ won't renew Cook's contract, agent says
Globe Staff Sports reporter Alice Cook, a 25-year veteran with WBZ-TV and a former Olympic figure skater, is not being offered a new contract, her agent said today. "She was given notice on Friday that her contract would not be...

Caliper Life Sciences returns to 4Q profit
HOPKINTON - Caliper Life Sciences Inc., which makes technologies used for drug development, turned a fourth-quarter profit as a large impairment charge came off its books.

Millis gives OK to Verizon FiOS TV
The Millis Board of Selectmen has granted a cable franchise for Verizon FiOS TV, Verizon Communications Inc. said today.

One Laptop delivers laptops to Afghanistan
The One Laptop per Child Foundation, a nonprofit headquartered in Cambridge, has just delivered 774 XO laptop computers to students and teachers of a middle school in Afghanistan.

State agency signs big Quincy lease
The Massachusetts Executive Office of Health and Human Services has signed a new lease at HarborSouth Tower at 100 Hancock St. in Quincy, said a broker involved in the transaction.

More green predicted for St. Patrick's Day
Consumer spending on St. Patrick's Day is expected to rise slightly due to the improving economy, the National Retail Federation said.

Fish & Richardson rates pro bono honor
The Massachusetts Bar Association said it will honor Boston law firm Fish & Richardson PC with the Pro Bono Award for Law Firms at a March 12 lunch at the Westin Copley Place in Boston.

Citizens will have ATMs at Sunoco
Citizens will have ATMs at nearly 500 Sunoco APlus Convenience Stores along the East Coast.

Today in Globe Business
A sample of stories that appear in the Business section of today's print edition of The Boston Globe.

Monday, March 8, 2010

Menino threatens Filene's project over developer's remarks
By Casey Ross, Globe Staff Boston Mayor Thomas M. Menino is threatening to pull the permits of the stalled Filene's redevelopment and even take the property by eminent domain as he fired back as one of its developers, who last...

Shaw's workers take their strike to local stores
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