Tuesday, June 14, 2011

Daily Business Update from the Boston Globe

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Tue. Jun. 14, 2011

FiOS TV offers instant access to music videos
Verizon unveils a new feature that gives its FiOS TV customers instant access to a library of music videos. Verizon has teamed up with a company called Music Choice to provide the service.

Sanofi putting its stamp on Genzyme
Genzyme Corp.'s new owner, French drugmaker Sanofi SA, has created a new Sanofi Boston R&D Hub to coordinate drug discovery programs between the two operation

Mall at Chestnut Hill adds to store line-up
Soma Intimates and Ann Tayor are among the retailers that have either opened or are about to open new stores at the Mall at Chestnut Hill. New arrivals are part of the mall's plan to keep its shopping experience exciting and fresh.

National Grid helps aquarium shark program
National Grid said a grant to the New England Aquarium will help support a shark educational program. Using a 15-foot inflatable shark and a number of interactive stations, the program's mobile outreach effort uses hands-on experiments to educate children about shark vision, hearing, size, and biology.

Fuseideas buys Maine PR firm
Fuseideas, a Somerville ad agency, said it has acquired Bright Matter Marketing & Public Relations as part of a strategy to expand into northern New England.

AT&T chief to address BC executive club
At the BC Chief Executives' Club tomorrow, AT&T chief executive Randall L. Stephenson is expected to discuss AT&T's pending merger with T-Mobile and talk about the next wave of mobile Internet delivery.

State officials: Bank of New York Mellon overcharged pension fund
State officials said that Bank of New York Mellon overcharged the Massachusetts pension fund by at least $20 million over a four-year period. Massachusetts Treasurer Steven Grossman said he will take "every step available to recover lost funds."

Markey warns Facebook on privacy
Congressman calls for FTC investigation of new photo-tagging feature

Saul Ewing is merging with Dionne & Gass
Saul Ewing, a Philadelphia-based law firm with nine offices, plans to open a 10th. Saul Ewing plans to establish a Hub presence by merging with Dionne & Gass, a Boston law firm with about a dozen attorneys.

Mass. gas prices drop 5 cents a gallon
The average price for a gallon of gas in Massachusetts fell 5 cents to $3.719 in the latest weekly survey from AAA. A year ago at this time, the Massachusetts average price was $2.71.

VF is buying Timberland
VF, the company that own such brands as Wrangler, Nautica, and the North Face, now owns another --- Timberland, the New Hampshire company known for its boots and outdoor gear. VF plans to buy Timberland for more than $2.2 billion.

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