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Thu. Mar. 29, 2012 Dunkin’ Donuts partners with Jerry Jones, Troy Aikman to open 50 Dallas/Ft. Worth restaurantsDunkin’ Donuts today said that a group led by Dallas Cowboys Football Club owner and Jerry Jones and former quarterback Troy Aikman plan to open at least 50 new Dunkin’ Donuts restaurants throughout the Dallas/Fort Worth region over the next five years. | |||
34 Boston-area restaurants owe back wagesMore than $1.3 million in back wages are owed to nearly 500 restaurant employees at 34 popular local restaurants, including 15 Not Your Average Joe’s locations, six Science Partners restaurants in Cambridge and Boston, four Fresh City eateries, and three Metropolitan Club restaurants, according to an ongoing enforcement initiative conducted by the US Department of Labor. | |||
NH exports down slightly in 2011New Hampshire state economic officials say exports of the state’s products totaled nearly $4.3 billion last year, down slightly from a year ago. This comes after a record year for the state in exports, amounting to nearly $4.4 billion, which was up more than 42 percent in 2009. | |||
RI Senate panel endorses Newport casino referendumVoters are one step closer to deciding whether to authorize a casino at the Newport Grand slot parlor. A state Senate committee endorsed legislation Wednesday that would seek voter approval for table games at the facility in Newport. A full vote by the Senate is expected next week. | |||
Providence Chapter 9 inevitable, Central Falls receiver saysProvidence, Rhode Island’s capital and biggest city, probably will seek bankruptcy court protection to deal with a budget deficit, Robert Flanders, the state-appointed receiver for nearby Central Falls, said Tuesday. | |||
Vermont kale artist to challenge trademark rulingA Vermont man who prints T-shirts urging people to ‘‘Eat More Kale’’ has six months to challenge a trademark ruling against him. The Chick-fil-A restaurant chain says folk artist Bo Muller-Moore’s T-shirt infringes on its trademarked ‘‘Eat Mor Chikin’’ slogan. | |||
Mass. lawmakers to weigh bill on energy costsThe state Senate will consider a proposal aimed at controlling energy costs in Massachusetts while also promoting the growth of renewable power sources. The wide-ranging measure, backed by Senate leaders, is scheduled for debate on Thursday. Among its provisions is a requirement that utilities purchase at least 7 percent of their total energy supplies from renewable sources, up from the current 3 percent. But utilities would also have a lower guaranteed investment return from renewable energy contracts. | |||
RI foreclosures take heavy toll on rental marketForeclosures in Rhode Island have taken a heavy toll on renters in a state with a large stock of multi-family homes, shrinking the inventory of available apartments and driving up prices, according to a study released Thursday. A coalition of groups that promotes affordable housing, found that nearly a third of all foreclosures in the state during the last three years were multi-family homes — and that, for every one foreclosure, two to three families have been affected. | |||
Bank of America quadruples pay for chief executive Brian MoynihanBank of America Corp., the second- biggest US lender, more than quadrupled chief executive Brian T. Moynihan’s 2011 compensation to $8.09 million as the company returned to profitability. (A Wellesley resident, Moynihan is a former executive of FleetBoston Financial Inc., which was bought by Bank of America in 2004.) | |||
Webster First Federal Credit Union to merge with Filene Federal Credit UnionWebster First Federal Credit Union, which has taken over three credit union in the past year, now plans to absorb a fourth.In the latest deal, Worcester-based Webster said Wednesday it will merge with Filene Federal Credit Union in Boston on March 31. Last year, Webster First acquired Saugus Federal Credit Union, Fitchburg Federal Credit Union and Winthrop Federal Credit Union. | |||
Yankee Candle’s Harlan Kent to star in episode of ‘Undercover Boss’ TV showYankee Candle’s Harlan Kent is taking a page from Clark Kent’s playbook by concealing his true identity. The chief executive is taking part in “Undercover Boss,” a CBS television show that disguises company executives as entry-level employees. In Friday’s episode, which airs locally at 8 p.m., Kent will work in four different jobs, including one as a packer in the Whately manufacturing plant. Kent also works at the company’s flagship store in Deerfield, a shrine to the scented candles that are the company’s signature product. | |||
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Thursday, March 29, 2012
Daily Business Update
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