Wednesday, April 7, 2010

Daily Business Update from the Boston Globe

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Wednesday, April 7, 2010

Sullivan Tire offers a chance to dine with Dustin
Dining with Dustin Pedroia will be on the dance card of 24 lucky winners of the "Driven to Win" promotion from Sullivan Tire & Auto Service. One consolation prize? A free tire rotation.

Many taxpayers could be frugal with refunds
Folks lucky enough to get tax-return refunds are more likely to spend them on paying off bills than on buying new stuff.

MassMutual begins solar panel project
More than 500 solar panels will begin to appear on the roof of MassMutual's Springfield headquarters this month as the life insurance company aims to cut its electricity and fuel bills.

Jack Satter House gets $4m HUD grant
Jack Satter House, a housing community for 300 low-income seniors in Revere, has received a $4m federal grant to make it more energy efficient.

Evergreen about to pay $40m to former shareholders
Evergreen Investment Management Co. LLC, is about to distribute $40 million, including more than $1 million of it to Massachusetts residents, to satisfy the provisions of a settlement reached last year with government regulators.

Kopin gets $27m Army order
Kopin Corp. said it has received a $27 million follow-on production order of eyepieces for the US Army's Thermal Weapon Sight Bridge program.

Getting sick is no excuse for missing work
Taking a sick day is a luxury most workers feel they can't afford in a tough economy. Take too many sick days, and they'll lose their jobs, they fear.

Satcon gets order from GCL Solar Ltd.
Satcon Technology Corp. said it has received for its solar PV inverters from GCL Solar Limited, one of China's largest utility solar power plant developers and suppliers.

Today in Globe Business
A sample of Business stories from the print edition of today's Boston Globe.

Tuesday, April 6, 2010

Insurers, state up the ante in health rates dispute
By Robert Weisman, Globe Staff The stand-off between Massachusetts regulators and health insurance companies intensified today as most insurers stopped offering new coverage to small businesses and individuals while state officials demanded that the insurers post updated rates online and...

Hyatt firings prompt Cambridge proposal
Cambridge City Councilors are calling for a change to local licensing laws that would prohibit hotels from subcontracting housekeeping services after Hyatt Regency Cambridge fired its housekeepers last August and replaced them with temporary help.

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