Wed. Oct. 12, 2011 A123 Systems will make battery packs for Chevrolet Spark electric vehicle
A123 Systems Inc., a Waltham-based maker of lithium-ion batteries, will supply battery packs for the Chevrolet Spark EV mini-car, which will be sold in limited quantities in select US and global markets starting in 2013, General Motors Corp. said. The financial terms of the contract between GM and A123 are not being disclosed. Details about the Spark EV’s range and pricing as well as how many Spark EV’s that GM plans to make will be announced later, GM said. Staples survey: Holiday gifts to employees can improve morale and boost productivity
A recent survey from the business-to-business division of office supply giant Staples Inc. finds that many employees enjoy receiving a company gift at the holidays. It’s widely known that Framingham-based Staples sells pens and paper clips. But as the survey suggests, a special Staples website for the company’s business customers also sells such “corporate holiday gifting solutions” as MP3 players, hot cocoa samplers, and corporate logo-festooned winter hats. Mass. AG orders two Chinese restaurants to pay $181k for labor law violations
The owners of two Chinese restaurants have been ordered to pay more than $52,000 in restitution and more than $129,000 in penalties for violations of such state statutes as the minimum wage and child labor laws, the office of Massachusetts Attorney General Martha Coakley said. The restaurants are the Grand China Buffet, formerly located in Raynham, and the New York Chinese Buffett in Somerset. Also cited were some of the corporate officers and managers of the restaurants. Attempts to reach some of those cited were not immediately successful. Lost Celtics games mean lost business for eateries
When the Boston Celtics play home court, business triples at The Four’s bar and grill on Canal Street, across the street from the TD Garden. Survey: Few employees want to be the boss
Roughly 75 percent of employees say they have little desire to be the boss. So concludes a new survey from OfficeTeam, a division of the staffing firm Robert Half International Inc. The survey is pegged to National Boss Day, which falls on Oct. 17 this year. Another survey finding: Of employees interviewed, 65 percent said they didn’t think they could do a better job than their boss. Mass. gas prices drop 4 cents a gallon
The average price for gas in Massachusetts was $3.419 a gallon in the latest weekly survey from AAA, down 4 cents from the previous week’s average, AAA Southern New England said this morning. The current Massachusetts average is almost 25 cents a gallon lower than it was a month ago. The current national average is $3.39 a gallon. A year ago at this time, the Massachusetts average was $2.73 a gallon. Outcome Sciences is working with the NFL to track football injuries
Outcome Sciences Inc., a Cambridge company that provides services and technologies focused on evaluating safety, effectiveness, and quality in health care, is helping the National Football League to update its injury surveillance system. Part of Outcome’s mission is to help analyze NFL injury data and to support related medical research. Accurately tracking and analyzing injuries in professional football is the first step towards ultimately reducing their incidence and severity, the company says. TA Associates invests in Aicent
TA Associates, a private equity firm with offices in Boston, said it has made a “significant investment” in Aicent Inc., a California company that provides data network, messaging, and roaming services to telecom network operators worldwide. Terms of the investment were not disclosed. Aicent customers include AT&T, Verizon, Deutsche Telecom, China Mobile, and China Telecom. TA has a long history of investing in the telecom sector. Evergreen Solar plants to be auctioned
Michigan company says it has been appointed by the US Bankruptcy Court to auction off Evergreen Solar Inc.’s $425 million manufacturing plant in Devens and other assets. Bind Biosciences to relocate to 325 Vassar St. in Cambridge
Biopharmaceutical company Bind Biosciences Inc. has signed a lease to relocate to larger space in Cambridge, said a broker involved in the transaction. The broker is Richards Barry Joyce & Partners LLC. Bind Biosciences currently leases about 28,000 square feet at locations at 64 and 88 Sidney St. in Cambridge. It has signed a lease for 32,800 square feet of office and lab space at 325 Vassar St. Richards Barry Joyce represented BioMed Realty Trust, 325 Vassar St.’s owner, in the transaction. Program to help unemployed homeowners leaves millions of dollars on the table
Fewer than 12,000 families nationwide -- 568 of them in Massachusetts -- have been tentatively approved for the program first meant to help 30,000 homeowners facing foreclosure with up to $50,000 in no-interest loans over a two-year period. This means even fewer people will eventually pass final eligibility hurdles over the next few weeks, leaving at least $568 million allotted for the program unused and turned back to the US Treasury Department. | 
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