Monday, April 12, 2010

Daily Business Update from the Boston Globe

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Monday, April 12, 2010

Goodyear taps Digitas
The Goodyear Tire & Rubber Co. has selected Digitas as its interactive agency of record, Boston-based Digitas said today.

Eastern Bank unveils NESN promotions
Eastern Bank is unveiling promotions designed to leverage its ponsorship as the official bank of the Boston Red Sox television network.

Nuvera lands $8.4m in federal funding
Nuvera Fuel Cells is getting $8.4 million from the federal energy department. The money will help fund two projects - valued at $11.1 million total - that the Billerica technology company says will help it increase the "durability and performance" of its fuel cells, which use hydrogen and oxygen to produce energy.

Second UFood location opens at Logan
UFood Restaurant Group said a new restaurant location has opened at Terminal C of Logan International Airport.

Who, What, Where
A sampling of recent personnel announcements at local companies.Today's entries include Xcellerex, FORMA, EnterpriseDB.

Hospira offers competing bid to buy Javelin Pharma
CAMBRIDGE - Javelin Pharmaceuticals Inc. said today that it received a better acquisition offer from Hospira Inc., and it plans to end a competing bid made by Myriad Pharmaceuticals Inc.

Green Day announces video game song list
Green Day and the producers of the stand-alone music video game "Green Day: Rock Band" announced the entire list of 47 on-disc tracks that will be featured in the game.

Beth Israel to receive AIM award
Beth Israel Deaconess Medical Center has been selected to receive the Annual John Gould Education & Workforce Development Award from Associated Industries of Massachusetts, or AIM, AIM said.

Raytheon receives $88m contract from TSA
Waltham defense contractor Raytheon Co. said today it received an $88 million contract to install passenger screening equipment at airports for the Transportation Security Administration.

Mass. gas prices rose another 2 cents a gallon
The average price for a gas in Massachusetts rose 2 cents to $2.769 per gallon in the latest weekly AAA survey, AAA Southern New England said today.

RXi unveils research collaborations
RXi Pharmaceuticals Corp., the Worcester biotech that looks to develop drugs partly based on the Nobel Prize-winning research of Craig Mello, unveiled some research collaborations today with some other firms.

Cambridge panel not ready to say recession's over
It's premature to say the recession has ended, says the Cambridge panel that is the official arbitrator of when recessions begin and end.

Did Tiger Woods help set an Internet record?
Akamai set a record for Web content served Friday, perhaps in part because many people wanted to see how Tiger Woods was faring in the Masters.

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

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