Monday, May 2, 2011

Daily Business Update from the Boston Globe

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Monday, May 2, 2011

Suffolk MBA program is relocating to Lawrence
Suffolk University said its Sawyer Business School will relocate its MBA program from North Andover to a site at Riverwalk Properties in Lawrence in time for the start of the summer semester on May 16.

Logan beefs up security
By Katie Johnston Chase, Globe Staff Logan International Airport beefed up its security staff today on the news that US forces killed Osama bin Laden, the mastermind behind the Sept. 11, 2001 terror attacks that included two airplanes hijacked from...

Condo sales in downtown Boston fall while prices rise
By Jenifer McKim, Globe Staff Home sales in Boston's downtown condo market slowed in the first quarter of 2011 while median prices largely held their values, according to new data released today by the Listing Information Network, a private company...

Internet traffic surged on bin Laden death news
News of Osama bin Laden's death caused a significant peak in Internet traffic. Akamai Technologies Inc., the Cambridge company that runs a global content delivery network that speeds up Internet performance, said that traffic to news websites reached 4.1 million page views per minute at 11:15 pm Eastern time on Sunday night.

NStar proposes electricity supply rate cut
NStar, the local electric and gas utility, said it is proposing an electricity supply rate cut that could save residential customers about $2.30 a month.

Mass. gas prices jump another 12 cents a gallon
The average price for gas in Massachusetts was $3.949 a gallon in the latest weekly survey from AAA, up 12 cents from the previous week's average, AAA Southern New England said today.

Do a Dunkin' Dew
Dunkin' Donuts said it is partnering with PepsiCo to pioneer a new slush drink called Mountain Dew Coolatta.

Bitstream's chief executive resigns
Bitstream Inc., a Marlborough company that develops software technologies and applications for the graphic art and mobile communications industries, said today that its president and chief executive, Anna Chagnon, has resigned.

State tourism agency launches Facebook promo
The Massachusetts Office of Travel & Tourism said it has launched Mass Insider, a new Facebook promotional program for special deals, premium giveaways, and insider knowledge on state-wide happenings available to �Visit Massachusetts� Facebook fans.

Brightcove is awarded patent
Brightcove, a cloud-based online video platform headquartered in Cambridge, said that US Patent and Trademark Office has awarded it a patent that relates to many aspects of online publishing and distribution of digital media.

Many Sox players run on Dunkin'
The latest iteration of the "What Are You Drinkin'?" ad campaign for Dunkin' Donuts will feature such Red Sox players as David Ortiz, Dustin Pedroia, Carl Crawford, and Adrian Gonzalez along with manager Terry Francona, Dunkin' said.

Harvard: Many renters are having a tough time
The number of renters paying more than half their income on housing and utility costs jumped to record levels as a result of the economic hard times, the Harvard Joint Center for Housing Studies said in a new report.

First Wind enters new partnership agreement
First Wind Holdings Inc., Algonquin Power and Utilities Corp., and Emera Inc. have entered into an agreement to jointly construct, own, and operate wind energy projects in the Northeast, including projects in Maine and Vermont.

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