Friday, June 24, 2011

Daily Business Update from the Boston Globe

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Fri. Jun. 24, 2011

Comcast helps tornado victims
The Comcast Foundation has donated $50,000 to the victims of the Western Massachusetts tornadoes.

Sun Life partners with Cirque du Soleil
Sun Life Financial teams up with Cirque du Soleil on a production about the beginning of cinema.

Ruderman Family Foundation grant puts adults with disabilities in jobs
Combined Jewish Philanthropies of Boston will use a $2.5 million grant to fund a new program that places young adults with disabilities in jobs. The grant is from the Ruderman Family Foundation.

Aegerion says stock offering prices at $15.50
Aegerion Pharmaceutical Inc.’s public offering of about 4.3 million shares was priced at $15.50 per share, the drug developer said today.

Last day for comments on hedge fund proposal
Today is the final day for public comments on a proposal by Secretary of State William F. Galvin to regulate the use of so-called expert networks by hedge funds to obtain information on companies for stock trades.

Housing conference honors Retsinas
The National Housing Conference, a nonprofit focused on affordable housing, honored Harvard Business School professor Nicolas P. Retsinas in a ceremony yesterday for a career dedicated to affordable housing.

Athenahealth expands Maine footprint
Watertown’s athenahealth Inc. said it has closed on the $7.7 million purchase of property in Northport, Maine that it plans to use as a new client and employee training center. The property is not far from a company operations center where more than 300 employees work.

BC’s Center on Aging & Work wins grant
Sloan Center on Aging & Work at Boston College said it has been awarded a $2.7 million grant to study such issues as flex-time and telecommuting to see how they can maximize productivity from an age-diverse workforce.

Ceremony held for Wakefield data center
Digital Realty Trust Inc., a real estate investment trust focused on technology-related real estate, held a ceremony marking the completion of phase one of a major capital improvements program that is redeveloping a Wakefield property into a state-of-the-art data center.

Tech Superpowers readies for grand opening of Patriot Place store
The newest Boston-area retail store selling Apple Inc.

Salem Upper Crust hit with $80,000 fine
The US Department of Labor today said it has fined an Upper Crust restaurant in Salem for violating federal overtime and record keeping laws.

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