Thursday, September 16, 2010

Daily Business Update from the Boston Globe

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Globe Today

Thursday, September 16, 2010

State business climate is worsening, survey says
Massachusetts tax policy is the most important factor in determining the state?s business climate, and the state's business climate is deteriorating because of poor tax policy decisions in recent years, a new survey says.

Ex-Mass. seafood co. owner pleads guilty to fraud
Federal prosecutors say the former owner of a North Attleborough seafood wholesale company has pleaded guilty to defrauding a bank of $7 million.

Logan is lowering airline fees
The Massachusetts Port Authority is lowering the fees it charges airlines at Logan International Airport, a result of low natural gas prices and spending cuts, according to the agency.

Who, What, Where
A sample of recent personnel announcements from local companies.

Organic products groups moves from Mass. to Vt.
The Organic Trade Association has announced that it will move operations about 20 miles from Greenfield, Mass., to Brattleboro, Vt. this fall. About a dozen employees will make the move.

We don’t hate bosses as much as we used to
Once bosses were despised, derided, and detested, but hard times have apparently mellowed workers thankful to still have a job.

Penalty-free football. What's your policy?
Liberty Mutual Insurance, whose marketing mantra is "Responsibility. What's your policy?," said it is putting a bounty on penalty-free college football.

Clean Harbors raises 2010 revenue estimate
NORWELL -- Clean Harbors Inc., which provides hazardous waste management services, raised its revenue forecast because it has done more business than it expected during the third quarter.

Special Dunkin’ donut benefits Alzheimer group
Dunkin? Donuts and the Alzheimer?s Association said they are teaming up for the second annual ?Purple with a Purpose? campaign to help raise awareness for World Alzheimer?s Day on Sept. 21

Phillips Design helps launch Black Fig Vodka
Phillips Design Group said it has completed work on the recent launch of Black Fig Vodka, a natural Calimyrna fig-infused vodka created by Randy Nason and Mitchell Maxwell at their Maxwells restaurant in Natick.

Interactive Data Corp. has a new CEO
Mason Slaine has been named chairman, president, and chief executive of Interactive Data Corp., a Bedford-based provider of financial market data, analytics and related solutions, effective immediately, the company said.

Mass. unemployment rate drops to 8.8 percent
The Massachusetts unemployment rate dropped to 8.8 percent in August as the state's labor market adding 4,000 private sector jobs for the seventh straight month of job growth, the state's Executive Office of Labor and Workforce Development said today.

American Science & Engineering gets $10m order
American Science and Engineering Inc. announced today the receipt of a $10 million order from the US government for the service and maintenance of military trailers that use the company's screening technology.

Alkermes stock trading halted today
Alkermes Inc. said that NASDAQ has halted trading of the company's common stock this morning.

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

Wednesday, September 15, 2010

Coakley opposes National Grid’s proposed rate hike
The office of Massachusetts Attorney General Martha Coakley said today that it ask the state's Department of Public Utilities to reject National Grid?s $104 million rate hike request for its three local gas distribution subsidiaries.

Novell shares surge on sale rumor
Shares of software maker Novell Inc. jumped after a published report said the company is a few weeks away from selling itself in two parts.

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