Tuesday, April 12, 2011

Daily Business Update from the Boston Globe

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Tuesday, April 12, 2011

Worker's comp rates will hold steady
Worker's compensation insurance rates will remain at current levels for Massachusetts employers through at least next year under an agreement approved today by Massachusetts Insurance Commissioner Joseph G. Murphy.

Mass. wage gap for women is nearly $12k, report says
The difference between what a man earns in Massachusetts and what a woman earns is roughly equivalent to 88 weeks of groceries or a year's worth of rent, according to a new survey

Map out a Dunkin road trip
Here's a news flash for folks who crave Dunkin' Donuts sinkers and joe: The chain has upgraded its website, and one new features allows travelers to plot locations of Dunkin' Donuts stores along the routes of their road trips.

Greenway names a dozen food vendors for 2011
After testing demand last summer, the Rose Kennedy Greenway Conservancy will double its food vending program this year to a total of 12 mobile food operations.

Bank exec tempers optimism about economy
Bank of America Corp. Chief Executive Brian Moynihan said while there are signs the US economy continues to improve, his company still faces tepid demand for business loans and is wrestling with large numbers of delinquent mortgages.

Cisco shuts down Flip video unit
Two years after paying $590 million for its Flip video camera unit, Cisco Systems Inc. is shutting it down as part of a major retreat from the consumer electronics market.

Ben & Jerry's is giving away free ice cream cones
Ben & Jerry's is offering free ice cream cones today at its scoop shops in honor of its 33rd anniversary.

Bit9 raises $12.5 million
Bit9 Inc., a Waltham company specializing in technology that protects customers from cyber attacks, said it has raised $12.5 million in additional capital, bringing the total raised over the past year to $23 million.

Digital Lumens secures $10m in funding
Digital Lumens, a Boston company that develops of LED-based Intelligent Lighting Systems for industrial customers, said that it has secured $10 million in Series B funding.

UNH: Angel investment rose 14% last year
Total investments by angel investors in 2010 were $20.1 billion, an increase of 14 percent over 2009, according to the 2010 Angel Market Analysis released by the Center for Venture Research at the University of New Hampshire.

Aveo Pharma elects Termeer to board
CAMBRIDGE -- Aveo Pharmaceuticals Inc. said today that it appointed Henri Termeer, the outgoing chairman, CEO, and president of Genzyme Corp., to the Aveo board of directors.

Developer: Somerville project to break ground soon
Davis Square Partners said that it is �poised to break ground� in Somerville on a $52.5 million residential project called Maxwell�s Green.

Charming Charlie is opening at Patriot Place
Charming Charlie, a women�s fashion accessories chain, said it is opening its first Massachusetts boutique at the Patriot Place shopping and entertainment complex in Foxborough.

Monday, April 11, 2011

JetBlue unveils three-day spring sale
There are blackout days (May 26-30) and the best rates are available Monday-Thursday and Saturday, but this is a pretty good sale. To get in on it you must purchase before Thursday for travel from April 26 to June 22.

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