Friday, June 10, 2011

Daily Business Update from the Boston Globe

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book.

If you have trouble reading this e-mail, go to http://www.boston.com/business/ticker_headlines


Get up-to-the-minute Globe Business Updates   |  More Business News
 
ADVERTISEMENT

Fri. Jun. 10, 2011

Tufts Medical Center seeks $11.2 million from Lifespan after judge's ruling
Tufts Medical Center is seeking to collect an $11.2 million payment after a federal court ruled its former Rhode Island parent company, Lifespan, engaged in misconduct while investing the hospital's fees and negotiating on its behalf with health insurers.

Ann Taylor opens concept store in Chestnut Hill
Ann Taylor, a retailer known for women's fashion and clothing, said it is opening a new concept store in Chestnut Hill. The chain of 265 US stores says it is in the midst of a "major rejuvenation" that includes a new concept store format that aims to showcase the fashion sensibility of its head of designer.

State to Bruins fans: Be wary when buying Stanley Cup tickets on secondary market
A state agency is warning Bruins fans to be wary about purchasing tickets from unreliable sources in the secondary market. Make sure the seller is legitimate before shelling out hundreds of dollars for a Stanley Cup ticket, the agency cautions.

Brookstone: Geek out dad for Father's Day
Brookstone, the gadget retailer, has a host of geeky gift ideas for Father's Day this year. A look at the chain's gift suggestion list offers some sociological insights on ways to accessorize a dad's man-cave.

New PTC website promotes Creo brand
A new micro website from Parametric Technology Corp. looks to buff up its Creo brand of design software by inviting the computer-aided design community to take the "Creo pledge."

Borders to close in Downtown Crossing
The troubled Borders Group bookstore chain is closing its Downtown Crossing location, leaving another big empty store front in the heart of the city.

Zipcar is expanding to Providence
Zipcar Inc., the Cambridge-based car-sharing service, said today that it is expanding into Providence.

Long to succeed Kelly as Liberty Mutual CEO
Liberty Mutual Group said today that Edmund F. Kelly, 65, will retire from active management in Liberty Mutual on June 28 and that David H. Long, 50, will become president and chief executive.

Vertex falls on cystic fibrosis study data
Shares of Vertex Pharmaceuticals Inc. skidded after the company reported initial results from a study of two drugs designed to treat cystic fibrosis. The combination therapy did not appear to be as effective as Wall Street hoped.

Galvin fines Goldman Sachs $10 million
Secretary of State William F. Galvin has fined Goldman Sachs & Co. $10 million in a settlement related to communications on trades among its staff and certain clients.

Study: Brown-nosing keeps you healthy
Sucking up to the boss may not only win you a promotion, but it can also keep you healthy. So suggests a new study from the Journal of Management Studies. Refuse to grovel, and debilitating workplace mood swings could ensue.

No comments:

Post a Comment