Tuesday, July 19, 2011

Daily Business Update from the Boston Globe

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Tue. Jul. 19, 2011

Hub business travel rebounds
Boston has the fourth-highest increase in business traveler hotel occupancy in the nation, according to the TravelClick North American Hospitality Review. Occupancy is up 14.2 percent in Boston this summer compared to last year, behind Detroit (26.8 percent), Minneapolis-St. Paul (17.2 percent), and Charlotte (16.6 percent).

Shipments rise for Angry Birds merchandise
Many folks with iPhones have down-loaded the game Angry Birds from the Apple App Store. Now they soon may be able to buy lots of Angry Birds related merchandise such as plush toys and card games. So says Panjiva, a company that uses technology developed at MIT to analyze shipping cargoes. Angry Birds shipments are up, Panjiva said.

Man accused of hacking millions of papers at MIT
A Harvard University fellow studying ethics has been accused of using the Massachusetts Institute of Technology’s computer network to steal nearly 5 million academic articles.

Deadline looms for mortgage help
Troubled homeowners in Massachusetts have just four more days to apply for up to $50,000 in a no-interest forgivable loan to help pay their mortgage, part of a federal program to help jobless homeowners avoid foreclosure.

Northeast to affiliate with Lahey Clinic
Northeast Health System, which operates hospitals in Beverly, Gloucester, and Lynn, has agreed to affiliate with Lahey Clinic of Burlington, a teaching hospital affiliated with Tufts Medical School, in the latest hospital merger in Massachusetts.

Lone Star College System turns to EMC
Data storage giant EMC Corp. is deploying a cloud infrastructure system for Lone Star College System, a Texas college system that includes more than 90,000 faculty members, staff, and students. The infrastructure is designed to deliver information technology services to the college.

State Street reveals more job cuts
State Street Corp., the Boston company that provides financial services to institutional investors, said today that it plans to down-size by 850 jobs, including 558 in Massachusetts.

Staples: Telecommuters boost productivity
A new survey from office-supplies giant Staples Inc. concludes that telecommuters can be more productive than employees who work in an office.

Window-shop that Honda on your iPad
Jumptap, a Cambridge firm that specializes in mobile advertising, issued a study that found that consumers are increasingly turning to their smartphones and tablet computers when they do research on buying a car.

Borders seeks OK to liquidate
There will be no storybook ending for Borders. As early as Friday, the 40-year-old book seller could start liquidating its 399 stores, including 15 locations in Massachusetts.

Beth Israel reports potential data breach
Beth Israel Deaconess Medical Center

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