Wednesday, December 15, 2010

Daily Business Update from the Boston Globe

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Wednesday, December 15, 2010

Oasys Water to move to South Boston
Oasys Water Inc., a startup company that is developing technologies to produce clean water, will open a new research and development facility in a section of South Boston that Boston Mayor Thomas M. Menino has branded the Innovation District. The...

Zipcar adds Steve Case to board, raises $21m
Zipcar Inc., the Cambridge-based car-sharing service, said that it has completed a Series G financing, totaling $21 million.

AAA projects holiday trips to increase
AAA said it is projecting that 92.3 million Americans will travel 50 miles or more from home during the Christmas-New Year�s holiday period, an increase of 3.1 percent from the same time a year ago.

Fruit baskets trump fruit cake, Staples survey hints
Staples unveils a survey about the holidays in the workplace

AG: Only 43 cents of a donated dollar goes to charity
Professional solicitors raised nearly $329 million in charitable donations in Massachusetts last year, but less than half that money ended up going to charities, according to an annual review by Attorney General Martha Coakley's office.

State Street has a new hedge fund customer
State Street Corp. said it has been selected by LibreMax Capital LLC to provide fund administration services for its newly launched hedge fund.

Hub inflation rises 0.6 percent
Inflation in the Boston area has risen 0.6 percent over the last 12 months, compared to a national increase of 1.1 percent, the US Bureau of Labor Statistics said.

Suffolk breaks ground on All Care VNA facility
Suffolk Construction Co. said that its Berry Division has just marked the official groundbreaking of the All Care VNA & Hospice corporate headquarters project in Lynn.

New Comcast feature offers Asian-American content
Comcast Corp. said it is launching Cinema Asian America, an On Demand destination featuring Asian-American content.

Digital Lumens updates lighting software package
Digital Lumens, a Boston start-up that helps industrial customers reduce energy consumption, announced the launch of LightRules, an updated software package that enables customers to manage their lighting more efficiently.

Cinema Association taps Rattle
Rattle Advertising said it has been hired by the Giant Screen Cinema Association to help prepare a variety of marketing material and a social media campaign to inform its membership about the new �certification� for giant screen cinemas

Tuesday, December 14, 2010

Clarification on a post on Dec. 3
Because of incorrect information supplied to the Globe, a December 3 daily business update incorrectly described the Hilltop Steakhouse property in Saugus as being sold to Market Basket. That transaction has not taken place....

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