Thursday, September 2, 2010

Daily Business Update from the Boston Globe

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Globe Today

Thursday, September 2, 2010

Hurricane is bad ending to good travel season
By Katie Johnston Chase, Globe Staff As Hurricane Earl bears down on Cape Cod and the islands on one of the busiest weekends of the summer, local tour operators are gearing up for what could be a disappointing end to...

Deutsche Bank remains title sponsor, EMC expands role in PGA
Deutsche Bank will retain title sponsorship of the state?s only PGA Tour golf event for at least the next two years, the company announced today. At the same time, data storage giant EMC in Hopkinton is stepping up its sponsorship. The company will become local presenting sponsor of the tournament, a newly created role.

Sycamore Networks reports 4Q profit
CHELMSFORD, -- Sycamore Networks Inc. reported a small profit for its fiscal fourth quarter today, shifting from a loss a year ago, with a 29 percent jump in revenue.

Monkey donut from Dunkin’ could set world on fire
And the winner of the Dunkin' Donuts "Create "Create Dunkin's Next Donut" contest is ... a creation with a "bananas foster filling and the moniker of "Monkey-See Monkey-Donut," the Canton-based chain said in a press release.

BJ's same-store sales rose 2.4 percent
NATICK -- BJ's Wholesale Club Inc. said that sales at its warehouse clubs open at least a year rose just 2.4 percent as more customers came to its stores but spent less. The results came in shy of the 3.3 percent increase that analysts were expecting.

Rosengren urges holistic approach to foreclosures
Policy makers should take a broader approach to the foreclosure crisis, said Eric Rosengren, president of the Federal Reserve Bank of Boston.

TJX August same-store sales rose 2 percent
Off-price retailer TJX Cos., which runs the T.J. Maxx and Marshalls chains, said that revenue in stores open at least one year, a metric known as same-store sales, rose 2 percent in August, a bit short of what analysts had expected.

JetBlue starts nonstop Boston-Phoenix service
JetBlue Airways said it is launching today daily nonstop service from Logan International Airport to Phoenix.

Mobile phone industry faces a long road to green
IDC study looks at the mobile phone industry's record on recycling.

Ohio school system taps Houghton Mifflin Harcourt
Houghton Mifflin Harcourt, the Boston-based education company whose products include textbooks, said it has been selected by Ohio's Department of Education as an official partner of the state's school improvement plan.

BOND tops off Wheaton College science center
BOND Construction said it has just participated in a a topping off ceremony held at Wheaton College?s campus in Norton.

Today in Globe Business
A sample of Business stories from today's Globe

Wednesday, September 1, 2010

Channel 25 is fourth station to add early newscast
By Johnny Diaz, Globe Staff WFXT-TV (Channel 25) is the latest station to jump into the 4:30 a.m. news race. Station officials announced today that they are adding the 4:30 a.m. newscast beginning Sept. 20. The station's morning program called...

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