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Wed. Feb. 22, 2012 Release oil from national reserve to quell soaring gas prices, Congressman Markey says In the face of rising gasoline prices, US Representative Edward J. Markey and two other lawmakers today called on the Obama administration to help drive down the fuel’s costs by releasing crude oil -- used to make gas -- from the nation’s strategic petroleum reserve. Gas prices have spiked most recently as tensions with Iran have escalated over fears that the dispute over Iran’s nuclear programs will disrupt global oil supplies. Crude was trading at close to $106 a barrel today in New York	Advertisement
Joslin Diabetes Center is teaming up with American Well to offer ‘telehealth’ services American Well, a privately held Boston company that uses technology to bring health care services into the homes and workplaces of patients, plans to collaborate with Joslin Diabetes Center to make Joslin’s diabetes expertise more accessible to patients nationwide. American Well’s focus is so-called “teleheath services,” which allows patients to have one-on-on video conferences with medical professionals or ask those professionals questions either through texting or phone calls. Joslin Diabetes Center is a teaching and research affiliate of Harvard Medical School.
Bruker 4Q profit rises on instrument sales Rising sales of scientific instruments helped Bruker Corp.’s fourth-quarter profit jump 33 percent. Bruker said today that its profit rose to $39.1 million, or 23 cents per share, from $29.3 million, or 18 cents per share. Excluding one-time charges, Billerica-based Bruker said it earned 31 cents per share. That beat Wall Street expectations for 29 cents per share, according to a FactSet poll.
Protesters chide Romney, Bain Capital Protesters gathered at lunch time today across the street from Bain Capital’s headquarters in Boston, criticizing the firm and Mitt Romney for what they called killing jobs out of greed. “They have made a business out of killing jobs for profit,” said Jason Stephany, spokesman for the group MassUniting.org, which led the protest. MassUniting says it is a coalition of labor and faith-based groups. A few dozen people participated in the event, which featured a black coffin on the Copley Square green and three trumpeters playing Taps.
Zipcar invests in Wheelz Zipcar Inc., the Cambridge-based car-sharing service that rents cars by the hour, said it is investing in a $13.7 million Series A round of funding for a California company that targets so-called “peer-to-peer” car-sharing services to college students. The California company is Wheelz Inc., which has devised a car sharing platform designed to connect students who own cars with students who want to pay to borrow them.
Maine construction firm looking to fill 150 jobs Maine’s largest heavy construction company is looking to hire 150 construction workers. Pittsfield-based Cianbro Corp. says it has a backlog of projects in Maine and needs workers to fill job openings.
RI jewelry maker moves to new headquarters The jewelry manufacturer Alex and Ani is marking its move to a new headquarters in Cranston with a visit by one of Rhode Island’s congressmen.
Shire’s Lexington facility gets an OK for Gaucher disease drug Shire plc announced today that European regulators have approved the production of the company’s treatment for Gaucher disease at Shire’s manufacturing facility in Lexington.
MassDevelopment provides financing to Quiet Logistics MassDevelopment, the state’s finance and development authority, said it has provided up to $2.5 million in term financing to Quiet Logistics, a robotic fulfillment specialist that helps e-commerce retailers get orders to their customers. “Quiet Logistics will use loan proceeds for both equipment and working capital to meet the cost of expanding its distribution center in Devens,” MassDevelopment said. The new operation has the potential to create up to 300 jobs over the next few years.
Delta Shuttle fleet equipped with Wi-Fi Business travelers on the Delta Shuttle between Boston, New York, and Washington, D.C., can now work to their hearts’ content on every flight. As of this summer, Wi-Fi will be installed on the regional jets that fly Delta Air Lines’ East Coast Shuttle routes, as well as between New York’s LaGuardia Airport and Chicago’s O’Hare International Airport.
U.S. Cellular taps Mullen as ad agency of record Mullen said today that it has been selected to be the advertising and digital agency-of-record for U.S. Cellular, a company that provides wireless services to nearly six million customers on its nationwide network. Boston-based Mullen said it was chosen after U.S. Cellular conducted an ad agency review. The U.S. Cellular assignment is for strategy and creative work for both traditional and digital advertising.
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