Daily Headlines

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/news/daily_headlines/. Daily Headlines Jun. 30, 2012 NEWS SPORTS MOST POPULAR Features News Tierney bridles at another attack over gambling claim Tierneys respond to initial allegations 6/28: First brother-in-law says Tierney ‘knew everything’ 6/14: Tisei calls on Tierneys to forfeit gambling funds States may opt out of Medicaid expansion Gov. Patrick insists health law wields penalty, not tax 6/29: Mass. residents react to health ruling with relief Tall ships event brings some Coast Guard cadets back home to Boston Ships highlight Boston’s maritime heritage Where to watch the tall ships Docking locations No weekend E train service worries some MBTA increased ridership continues More News » Sports Cook, Sox make fast work of Seattle Hernandez fits in Boston Sox pitcher Morales continues to impress White Sox rough up Yankees, 14-7 Bruins’ Sabban familiar with competition Bruins: Rask ready to prove No. 1 status Federer, Djokovic survive at Wimbledon Lechner of Revolution mends quickly Wieber leads in gymnastics Weltz wins 200-meter swim More Sports » ADVERTISEMENT Looking to catch the next big game in town? Search from a wide range of Red Sox, Bruins, Celtics and Patriots seats in our exclusive ticket section powered by Ace Ticket. For the best seats to any sporting event in Boston, go to Boston.com Tickets. Most E-Mailed Tim Wakefield joins NESN Titanic at 100 years Does Massachusetts Have the Nation Robots More Most E-Mailed » Features Stolen Dali painting mailed back to NYC Singer Adele pregnant with first child Iconic Atari turns 40, tries to stay relevant Wakefield joins NESN as Red Sox analyst Today in history: Pope Paul VI crowned More Features » ADVERTISEMENT Boston Globe Special Offer Special offer: 99¢ for Sunday home delivery, and get complete access to BostonGlobe.com for free!

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/business/ticker_headlines
Daily Business Update Get up-to-the-minute Business Updates More Business News »
Fri. Jun. 29, 2012 A squirrel mascot named Zipper is out to pitch Necco candy lines to young consumers The New England Confectionary Co., known for such candies as Necco Wafers, the Clark Bar, and Mary Jane chews, is looking to woo some younger consumers. To that end, it hired Noonan Creative Group. One of the company’s brands is Squirrel Nut Zippers, a peanut-and-caramel chew. Noonan is using Squirrel Nut Zippers’ mascot, a squirrel named Zipper, to do a star turn in some of Necco’s latest marketing efforts.	Advertisement
N.J. company to acquire Salem power plant, build new gas-fired power station A New Jersey-based power company announced Friday that it has reached an agreement to buy the coal- and oil-fired Salem Harbor Power Station, and plans to build a state-of-the-art natural gas plant on the site. Footprint Power LLC will acquire the plant on Salem Harbor, from Dominion Energy Inc, pending regulatory approval. Footprint and NAES Corp. will operate the existing plant until its scheduled shutdown in June 2014, when Footprint will clean and prepare the site for conversion to the new gas plant.
G-Star RAW, the last word in luxury denim, is returning to Newbury Street G-Star RAW, a retailer that describes itself as a “luxury denim brand,” said it will open a store on Boston’s fashionable Newbury Street next month. The store, at 160 Newbury St., will occupy about 1,800 square feet square feet of space, and it is scheduled to open to the general public on July 20, the company said. The chain is no stranger to the Back Bay. From 2005 to 2010, it operated a store at 348 Newbury St.
Seven Mass. small businesses win US Energy Department investment grants The US Department of Energy is awarding investment grants to seven local companies as part of a larger program that looks to invest about $102 million in small businesses that are focused on clean-energy innovations. One company receiving grants is Aerodyne Research Inc. of Billerica, which specializes in developing scientific instruments and software for industrial, academic, and government customers.
Dynasil appoints chairman Peter Sulick as interim chief following CEO’s resignation Dynasil Corp. of America said Friday that Steven K. Ruggieri will resign as chief executive and president, effective July 6, and that company chairman Peter Sulick will serve as interim CEO until a replacement is found. A Dynasil press release gave no reason for Ruggieri’s departure. In a statement, Sulick said that Dynasil’s board is beginning the search process for a permanent chief executive.
Biogen Idec, Isis to collaborate on experimental drug for myotonic dystrophy Biogen Idec Inc., a global biotechnology company headquartered in Weston, said Friday it is entering another collaboration with Isis Pharmaceuticals Inc., with this collaboration focusing on an experimental drug for myotonic dystrophy, a debilitating neuromuscular disease. In January, the two companies announced plans to work together on a potential treatment for spinal muscular atrophy. Friday’s agreement calls for California-based Isis to receive an upfront payment of $12 million, up to another $200 million in contingency milestone payments, as well as potential royalties.
Fed’s Rosengren says banks’ money market funds should be tested Federal Reserve Bank of Boston President Eric Rosengren said potential losses from money market funds should be included in tests of their sponsoring firms’ ability to weather severe instability. “There has been a pattern of support for money market mutual funds without an explicit recognition that such funds can be a capital drain during times of stress,” Rosengren said Friday in remarks prepared for a speech in Amsterdam. He didn’t discuss the outlook for monetary policy or the economy.
Akamai: News websites had ‘slight peak’ in traffic when Supreme Court upheld the health care law. News websites had a slight peak in traffic Thurday morning when the US Supreme Court upheld the constitutionality of 2010 health care law, Akamai Technologies Inc. said. A Cambridge-based company that provides Internet content delivery services, Akamai counts close to 300 news websites among its customers. Traffic for Akamai’s news website customers peaked at about 3.15 million page views per minute mid to late morning Thursday, Akamai said. Previous events that have prompted high traffic have often been soccer games that draw fans from around the world.
Sumner Redstone’s foundation gives $650k to the Global Poverty Project The Sumner M. Redstone Charitable Foundation has donated $650,000 to the Global Poverty Project, a year after giving $1.5 million to the same cause, the project said Thursday. Redstone is the executive chairman of media giant Viacom Inc. and CBS Corp. A Boston native, he is also the majority owner of National Amusements Inc., a Dedham company that operates movie theaters around the world. Redstone’s original donation was used to support the Global Poverty Project’s End of Polio campaign.
For businesses, Supreme Court ruling provides a measure of clarity in health care calculations Many executives at Massachusetts companies were heartened that the Supreme Court ruling Thursday, largely upholding the national health care law, provided a measure of clarity in their health care calculations -- though aspects of the clearer picture weren’t entirely welcomed. Massachusetts employers and health care companies said their companies would not be dramatically changed by the federal Accountable Care Act because the state already mandates so-called universal coverage. Other parts of the law narrowly affecting certain industries drew mixed responses.
Vertex releases more data on cystic fibrosis drug, and stock falls 13 percent Vertex Pharmaceuticals Inc. said Thursday that final data from a midstage clinical study of an experimental combination of its cystic fibrosis drugs “showed statistically significant improvements” in lung function among some adults with cystic fibrosis. In early May, Cambridge-based Vertex issued an “interim analysis” of the study that sent its stock shares surging. In late May, Vertex revised the interim analysis, saying it overstated the clinical data. Vertex said Thursday that today’s final data confirm its revised report. Vertex shares were down about 13 percent in afternoon trading.
ADVERTISEMENT Looking to catch the next big game in town? Search from a wide range of Red Sox, Bruins, Celtics and Patriots seats in our exclusive ticket section powered by Ace Ticket. For the best seats to any sporting event in Boston, go to Boston.com Tickets.

Daily Headlines

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/news/daily_headlines/. Daily Headlines Jun. 29, 2012 NEWS SPORTS MOST POPULAR Features News Health care ruling sends wave of relief through Mass. Court upholds health care law Kennedy remembered for his role in health care reform A defining moment for Chief Justice Roberts Analysis: Obama scores win on court’s health care ruling First tension, then cheers at Harvard Law Ted is a crass but hilarious bromance ‘Magic Mike’ is a retro ladies’ night Boston traffic app is on tap 1/9: Web service directs drivers to open parking spaces Top iPhone, iPad apps Celtics choose size in NBA draft Celtics draft Syracuse’s Kris Joseph with 51st pick Promising future starts now Celtics’ picks at a glance Celtics not scared by Sullinger’s back Doc Rivers’s son chosen 10th by New Orleans Hornets More News » Sports Red Sox lose late on walkoff single Ortiz approaches impressive milestone Back in Pawtucket, Iglesias ready to go Sox: Cook on course for another start Yankees come up just short to White Sox Bruins, Rask agree to contract extension Bruins: Hamilton on verge of NHL debut Nadal stunned at Wimbledon in 2d round Italy tops Germany, is in Euro 2012 final Phelps cruises in 200m butterfly No lock at US gymnasts trials More Sports » ADVERTISEMENT Looking to catch the next big game in town? Search from a wide range of Red Sox, Bruins, Celtics and Patriots seats in our exclusive ticket section powered by Ace Ticket. For the best seats to any sporting event in Boston, go to Boston.com Tickets. Most E-Mailed A Primer on the ACA (aka ObamaCare) I - Health Stew - Boston.com National Geographic Traveler Magazine: 2012 Photo Contest Fourth of July Boston Pops Fireworks Spectacular information LGBT Pride events More Most E-Mailed » Features Where to watch the tall ships Today in history: Marilyn Monroe married More Features » ADVERTISEMENT Boston Globe Special Offer Special offer: 99¢ for Sunday home delivery, and get complete access to BostonGlobe.com for free!

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/business/ticker_headlines
Daily Business Update Get up-to-the-minute Business Updates More Business News »
Thu. Jun. 28, 2012 Vertex releases more data on cystic fibrosis drug, and stock falls 13 percent Vertex Pharmaceuticals Inc. said Thursday that final data from a midstage clinical study of an experimental combination of its cystic fibrosis drugs “showed statistically significant improvements” in lung function among some adults with cystic fibrosis. In early May, Cambridge-based Vertex issued an “interim analysis” of the study that sent its stock shares surging. In late May, Vertex revised the interim analysis, saying it overstated the clinical data. Vertex said Thursday that today’s final data confirm its revised report. Vertex shares were down about 13 percent in afternoon trading.	Advertisement
State Street Corp. will provide more financial services to Emory University’s endowment State Street Corp., a Boston-based financial services company, said Thursday that it has been appointed by Emory University to provide risk analytics services for the university’s $5 billion endowment. Thursday’s appointment expands State Street’s existing relationship with Emory.
Mass. Securities Division bars Yarmouth woman from securities business Charlene B. Veara of South Yarmouth has been permanently barred from acting as an investment adviser or a broker dealer in Massachusetts after she transferred money from a 98-year-old woman’s investment account to a company that Veara controlled, the office of Massachusetts Secretary of State William F. Galvin said Thursday. An order issued by the Massachusetts Securities Division censures Veara and imposes a permanent cease-and-desist order against her; the order settles an administrative complaint brought against Veara in 2010.
Staples survey: Small businesses are feeling more confident Small businesses are feeling more confident about the economy --- so much so that many small business owners are even planning to get out of town and take a vacation. So concludes a new survey commissioned by Staples Inc., the Framingham-based office supply giant that counts small businesses as among its best customers. A case can be made that Staples is something of a canary-in-a-coal-mine when it comes to predicting the outlook for small businesses.
Sycamore Partners only firm to bid on Talbots After Talbots Inc. reached out to nearly 50 potential investors, only one firm — Sycamore Partners — wanted to buy the troubled Hingham retailer. The five-month effort to find a suitor for Talbots is detailed in a new proxy filing with the Securities and Exchange Commission. Talbots, which ultimately accepted a $1 million takeover from Sycamore, provides little insight into the reasons why the New York private equity firm reduced its proposal from $3.05 to $2.75 during the final stages of negotiation in May. Numerous shareholders have filed lawsuits that accuse Talbots of breaching their fiduciary duty by accepting a deal that undervalues the company.
Some Boston Herald employees agree to wage cuts Some union members of the Boston Herald newspaper have agreed to wage cuts and furlough days, according to people briefed on the matter. Union members outside the newsroom such as in circulation and advertising recently agreed to a 5 percent wage cut and the loss of some vacation pay, as well as taking five furlough days. The cuts added up to a loss of 7.75 percent of wages for those union members. Newsroom members of the union were not subject to wage cuts.
Aetna to pay more than $1 million to settle charges it failed to cover mandated health benefits and deceptively marketed student health insurance Aetna Life Insurance Co. has agreed to pay more than $1 million in civil penalties and restitution to settle charges that it failed to cover Massachusetts-mandated health insurance benefits and deceptively marketed health coverage to colleges students in the state. The agreement was spelled out in a consent judgment, filed Wednesday in Suffolk Superior Court in Boston along with a complaint by Massachusetts Attorney General Martha Coakley outlining the scope of alleged consumer violations by the national insurance giant.
Len Fishman to retire as Hebrew SeniorLife chief executive after a dozen years on the job Len Fishman will retire next spring after a dozen years as chief executive of Hebrew SeniorLife, a Harvard-affiliated provider of senior health care and housing.
Furniture chain Room & Board plans to open a Newbury Street store next year Room & Board, a Minnesota-based chain of about a dozen US stores, plans to open a multilevel store in Boston in late 2013. The new 39,000-square-foot store, Room & Board’s first in New England, will be located at 407 Newbury St. at the corner of Massachusetts Avenue. Room & Board said it will occupy the entire building, which was commissioned for construction by the estate of Henry Lee in 1908. The building’s neighbors include the Harvard Club and the Eliot Hotel.
World Bank’s Robert Zoellick will be a senior fellow at Harvard Kennedy School’s Belfer Center Robert B. Zoellick, whose five-year term as president of the World Bank ends June 30, will become a senior fellow at a research center at Harvard University’s John F. Kennedy School of Government. Zoellick is set to join the school’s Belfer Center for Science and International Affairs in July. “I hope to work on the intersection of economics and security, applying history to policy questions of today,” he said in a statement.
A123 Systems will provide lithium-ion battery technology for aviation applications Mid-Continent Instrument Co. said Wednesday that it has signed a distribution and supply agreement with Waltham battery maker A123 Systems Inc. under which Mid-Continent will offer A123’s advanced Nanophosphate lithium-ion battery technology for aviation applications. With operations in Kansas, Mid-Continent manufactures and repairs aircraft instruments, avionics, and power solutions for the general aviation industry.
ADVERTISEMENT Looking to catch the next big game in town? Search from a wide range of Red Sox, Bruins, Celtics and Patriots seats in our exclusive ticket section powered by Ace Ticket. For the best seats to any sporting event in Boston, go to Boston.com Tickets.

Daily Headlines

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/news/daily_headlines/. Daily Headlines Jun. 28, 2012 NEWS SPORTS MOST POPULAR Features News UMass stem cell lab to close After 28 years, ‘Rocky Horror’ to end in Harvard Sq. Harvard Sq. theater to close High toxic level found in some N.E. wells The Eagle gives history lessons at sea Parking and travel info OpSail waterfront highlights Brown, Warren clash at distance Brown, Warren debate across political universes More News » Sports Looking up Buchholz relieved after medical scare Jon Lester confident in his pitches MLB: Yankees lose Pettitte in victory C’s have draft options Garnett’s status won’t affect draft plans Rivers in unique position to add draft input Bruins expecting high-end youth at camp NHL: Flames, Wideman reach 5-year deal More Sports » ADVERTISEMENT Looking to catch the next big game in town? Search from a wide range of Red Sox, Bruins, Celtics and Patriots seats in our exclusive ticket section powered by Ace Ticket. For the best seats to any sporting event in Boston, go to Boston.com Tickets. Most E-Mailed Euro 2012 Soccer Championship, Part 2: The action LGBT Pride events AC Milan, Brazil's Cruzeiro to play in doubleheader at Gillette Stadium A heart rate monitor on your phone - Apptitude Test - Boston.com More Most E-Mailed » Features ‘Ted’ is crass but hilarious Review: Sheen’s new sitcom not winning Handyman on Call evaluates your old doors John, Abigail Adams’s words live In History: Elian Gonzalez returns to Cuba More Features » ADVERTISEMENT Boston Globe Special Offer Special offer: 99¢ for Sunday home delivery, and get complete access to BostonGlobe.com for free!

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/business/ticker_headlines
Daily Business Update Get up-to-the-minute Business Updates More Business News »
Wed. Jun. 27, 2012 Len Fishman to retire as Hebrew SeniorLife chief executive after a dozen years on the job Len Fishman will retire next spring after a dozen years as chief executive of Hebrew SeniorLife, a Harvard-affiliated provider of senior health care and housing.	Advertisement
Furniture chain Room & Board plans to open a Newbury Street store next year Room & Board, a Minnesota-based chain of about a dozen US stores, plans to open a multilevel store in Boston in late 2013. The new 39,000-square-foot store, Room & Board’s first in New England, will be located at 407 Newbury St. at the corner of Massachusetts Avenue. Room & Board said it will occupy the entire building, which was commissioned for construction by the estate of Henry Lee in 1908. The building’s neighbors include the Harvard Club and the Eliot Hotel.
World Bank’s Robert Zoellick will be a senior fellow at Harvard Kennedy School’s Belfer Center Robert B. Zoellick, whose five-year term as president of the World Bank ends June 30, will become a senior fellow at a research center at Harvard University’s John F. Kennedy School of Government. Zoellick is set to join the school’s Belfer Center for Science and International Affairs in July. “I hope to work on the intersection of economics and security, applying history to policy questions of today,” he said in a statement.
A123 Systems will provide lithium-ion battery technology for aviation applications Mid-Continent Instrument Co. said Wednesday that it has signed a distribution and supply agreement with Waltham battery maker A123 Systems Inc. under which Mid-Continent will offer A123’s advanced Nanophosphate lithium-ion battery technology for aviation applications. With operations in Kansas, Mid-Continent manufactures and repairs aircraft instruments, avionics, and power solutions for the general aviation industry.
TJX, General Dynamics receive state tax breaks A state economic development board on Tuesday awarded more than $31 million in state and local tax breaks to companies for 17 projects. The Economic Assistance Coordinating Council approved $10 million in state tax credits for 10 firms, including $3.3 million to defense contractor General Dynamics Corp., $3 million to retailing giant TJX Cos. and $1.7 million to Saint Gobain SA, a French building materials company.
Zipcar mounts social media contest on Facebook Zipcar Inc., the Cambridge-based car-sharing service, recently turned to a social media contest on Facebook to engage its customer base. The brand’s 80,000 or so fans on Facebook were asked to write a brief essay on the ultimate road trip, and nearly 5,000 complied. The winners, Jason and Elizabeth the Hart of Cambridge, are getting an all-expenses paid trip to San Francisco. As a result of the contest, a special Zipcar tab on Facebook was viewed more than 53,000 times.
More residents are taking out Mass Save zero-percent heat loans The recent heat wave did not slow down applications for the Mass Save zero-percent heat loan program that helps defray costs for local home owners looking to shrink their carbon footprints, said Conservation Services Group, a national energy services company headquartered in Westborough. In May, Massachusetts residents took out about $3.6 million worth of Mass Save loans, up from $1.24 million for the same month a year ago. Among the reasons for the increase: Word of mouth has increased awareness of the program.
Home sales in Massachusetts keep increasing, while price declines are moderating The number of home sales in Massachusetts accelerated last month as more buyers took advantage of low interest rates and discounted prices. Single-family home sales increased by nearly 35 percent in May compared with the same period last year, marking the highest number of transactions in one month since June 2010, according to the Warren Group, a Boston company that tracks local real estate. Condominium sales fared even better, increasing by more than 50 percent in May.
Island Creek Oyster Bar ranks high in TripAdvisor survey of US restaurants TripAdvisor, a Newton-based travel review website, said it has bestowed one of its inaugural Travelers’ Choice Restaurants awards on the Island Creek Oyster Bar in Boston. The awards are based on the millions of traveler reviews and opinions on TripAdvisor, and winners range from casual chains to fine dining restaurants, TripAdvisor said. All told, 576 restaurants from around the world were honored. The Island Creek Oyster Bar was ranked eighth on a top 10 list of US restaurants, the only local bistro to crack the US top 10.
State Street: Investor confidence is up in June An index for investor confidence posted a 93.5 reading in June, its highest level so far this year and 7 points higher than the reading in May, State Street Global Markets said Tuesday. According to a State Street Global Markets press release, investors “have tempered their bearishness a little,” and that accounted for the increase. State Street Global Markets, which maintains the index, is the investment research and trading arm of State Street Corp., a financial services company headquartered in Boston.
Liberty Mutual joint venture gets OK to sell insurance in India Boston-based Liberty Mutual Insurance Group said Tuesday said that a company joint venture has gotten a license to sell insurance products in India. The company said that Liberty Videocon General Insurance Co. Ltd., a joint venture between Liberty Mutual and Videocon Industries Ltd., has received the necessary license from India’s insurance regulatory authority to commence operations. The parties entered into the joint venture agreement in December 2010.
ADVERTISEMENT Looking to catch the next big game in town? Search from a wide range of Red Sox, Bruins, Celtics and Patriots seats in our exclusive ticket section powered by Ace Ticket. For the best seats to any sporting event in Boston, go to Boston.com Tickets.

Daily Headlines

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/news/daily_headlines/. Daily Headlines Jun. 27, 2012 NEWS SPORTS MOST POPULAR Features News N.H. seen as pivotal prize Caroline Kennedy to campaign for Obama in NH As White House race heats up, so do GOP probes MBTA to seek corporate sponsorships MBTA again considers audio ads on its buses High-rise would join list of city’s tallest Belkin lone bidder for Boston tower site 1,000 feet too tall for Hub tower, FAA rules Boston chefs learn the ways of world Boston chefs who have staged at famous restaurants Nora Ephron dies Celebrities react Twitter reaction More News » Sports Red Sox rally, beat Blue Jays Matsuzaka is able to find answers Ellsbury to begin rehab stint in Fla. Kenseth to leave Roush Fenway team Celtics: 2013 pick awarded for Green trade NBA: Larry Bird stepping down in Indiana NBA: UConn’s Lamb ready for draft Bruins: Oates to enter Hall, coach Caps Patriots: Initial camp dates are set Colleges: Football playoff unveiled Wimbledon: Serena win is a relief More Sports » ADVERTISEMENT Looking to catch the next big game in town? Search from a wide range of Red Sox, Bruins, Celtics and Patriots seats in our exclusive ticket section powered by Ace Ticket. For the best seats to any sporting event in Boston, go to Boston.com Tickets. Most E-Mailed California's Continuing Fires National Geographic Traveler Magazine: 2012 Photo Contest LGBT Pride events Kevin Youkilis: One of the 25, one of a kind More Most E-Mailed » Features History Today: Nazis arrested in Fla., N.Y. More Features » ADVERTISEMENT Boston Globe Special Offer Special offer: 99¢ for Sunday home delivery, and get complete access to BostonGlobe.com for free!

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/business/ticker_headlines
Daily Business Update Get up-to-the-minute Business Updates More Business News »
Tue. Jun. 26, 2012 Island Creek Oyster Bar ranks high in TripAdvisor survey of US restaurants TripAdvisor, a Newton-based travel review website, said it has bestowed one of its inaugural Travelers’ Choice Restaurants awards on the Island Creek Oyster Bar in Boston. The awards are based on the millions of traveler reviews and opinions on TripAdvisor, and winners range from casual chains to fine dining restaurants, TripAdvisor said. All told, 576 restaurants from around the world were honored. The Island Creek Oyster Bar was ranked eighth on a top 10 list of US restaurants, the only local bistro to crack the US top 10.	Advertisement
State Street: Investor confidence is up in June An index for investor confidence posted a 93.5 reading in June, its highest level so far this year and 7 points higher than the reading in May, State Street Global Markets said Tuesday. According to a State Street Global Markets press release, investors “have tempered their bearishness a little,” and that accounted for the increase. State Street Global Markets, which maintains the index, is the investment research and trading arm of State Street Corp., a financial services company headquartered in Boston.
Liberty Mutual joint venture gets OK to sell insurance in India Boston-based Liberty Mutual Insurance Group said Tuesday said that a company joint venture has gotten a license to sell insurance products in India. The company said that Liberty Videocon General Insurance Co. Ltd., a joint venture between Liberty Mutual and Videocon Industries Ltd., has received the necessary license from India’s insurance regulatory authority to commence operations. The parties entered into the joint venture agreement in December 2010.
Staples: ‘Locker chandeliers’ and locker shag rags could be hot back-to-school items Binders in candy colored hues and “locker chandeliers” are among items that Staples Inc. expects to be popular during the upcoming back-to-school shopping season. Staples, an office-supply giant headquartered in Framingham, typically caters to small businesses and folks with home offices. But the chain also gets a nice lift from consumers buying back-to-school products. Sales could get an extra boost this year from the impending release of Windows 8, the next-generation operating system from Microsoft Corp.
Dunsire joins Takeda Pharma board as first female director Deborah Dunsire, named Woman of the Year by the Healthcare Businesswomen’s Association in 2009, was elected to the board of Takeda Pharmaceutical Co., making her the second female director of a top-10 Japanese company. Shareholders of Takeda, Asia’s largest drugmaker, approved Dunsire’s nomination at their annual meeting in Osaka today, Takeda spokesman Mitsuo Oguri said. Dunsire, 50, heads the company’s cancer drug unit Millennium Pharmaceuticals in Cambridge, Mass. Dunsire, a Zimbabwe-born doctor, joined Takeda in 2008, when the Japanese drugmaker agreed to buy Millennium for $8.9 billion.
Mass. home sales jump sharply in May The number of single-family homes sold in Massachusetts last month was the largest monthly total in nearly two years, the Warren Group said Tuesday. Last month, 4,510 single-family homes were sold, up from 3,350 during the same month a year ago, an increase of nearly 35 percent. The median price for single-family homes sold in May dropped about 3 percent to $289,950 from $300,000 a year ago. But the May 2012 median was the highest median sale prices recorded so far this year.
Budget cuts imperil growth in defense economy The Bay State’s economy has benefited from a decade-long surge in defense spending, but that sector’s labor force is now threatened by potentially massive military budget cuts that are set for next year, the author of a new study warned Monday.
MassHousing closes financing for affordable rental housing in Tyngsborough MassHousing, the state’s affordable housing bank, said that it has closed on $5.8 million in financing for 72 affordable rental units at the Maple Ridge Apartments in Tyngsborough. Dakota Partners Inc. of Waltham developed Maple Ridge on the site of a vacant lot bordered by Longfellow Lane and Melville Drive. The two-bedroom apartments are contained in three garden style three-story buildings, which have been completed and occupied.
Bud LaCava to lead KPMG’s Boston office Bud LaCava has been named managing partner for the Boston office of KPMG, an audit, tax and advisory services firm. KPMG, which recently announced a new office in Cambridge to serve emerging technologies and life-science companies, has roughly 700 employees in Greater Boston. LaCava succeeds Pat Canning, who was named managing partner of KPMG’s Chicago office.
Supreme Court won’t hear Madoff investor appeal on payment The US Supreme Court won’t hear an appeal by Bernard Madoff’s investors over whether they can recover lost profit, an action that lets stand the Madoff trustee’s calculation that investors lost $17 billion. The investors asked the top court for a hearing after federal appeals judges in New York said in August it would be “absurd” to treat fictitious paper profits as real, upholding a lower court ruling.
Mass. gas prices fall another 6 cents a gallon The average price for gas in Massachusetts is $3.379 a gallon in the latest weekly AAA survey, down 6 cents from the previous week’s average, AAA Southern New England said Monday. It’s the 10th consecutive week of decreases. Prices locally are now 52 cents less than the those recorded in mid April. The national average for gas is $3.41 a gallon. A year ago at this time, the Massachusetts average price was $3.64.
ADVERTISEMENT Looking to catch the next big game in town? Search from a wide range of Red Sox, Bruins, Celtics and Patriots seats in our exclusive ticket section powered by Ace Ticket. For the best seats to any sporting event in Boston, go to Boston.com Tickets.

Daily Headlines

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/news/daily_headlines/. Daily Headlines Jun. 26, 2012 NEWS SPORTS MOST POPULAR Features News Court rules out mandatory life sentences for juveniles More than 60 cases in Mass. could be affected by ruling 6/21: Life sentence for man who killed as a teen 6/19: Man who killed at 11 could be released in August Pentagon cuts due to hit Mass. hard Lt. Gov. Murray to unveil report on Mass. military bases Study: Defense industry boosts New England economy Celtics have had mixed success with draft picks at 21 6/22: Ainge wants to reload Celtics for another run 6/19: Plans hinge on Garnett State’s focus is on skills for today’s jobs 6/14: Mass. unemployment lowest in more than 3 years Mass. mulls tax breaks for companies 6/11: State Street Corp. gets tax break for new building 5/22: TJX gets tax break to remain in Framingham More News » Sports Red Sox belted by Blue Jays Sox: Middlebrooks ready for third base Ortiz last link to 2004, 2007 Sox title teams Cano, Yankees blast by Indians Byrd suspended 50 games for PED use Celtics to train in Europe for preseason Subban, Hamilton on Bruins camp roster Venus Williams loses in Wimbledon early Phelps earns expected berth High jumper Williams wins spot More Sports » ADVERTISEMENT Looking to catch the next big game in town? Search from a wide range of Red Sox, Bruins, Celtics and Patriots seats in our exclusive ticket section powered by Ace Ticket. For the best seats to any sporting event in Boston, go to Boston.com Tickets. Most E-Mailed LGBT Pride events Ray Bradbury and literature in schools: RIP National Geographic Traveler Magazine: 2012 Photo Contest What's More Important: Having It All or Happiness? More Most E-Mailed » Features MBTA prepping 1812, July 4th celebrations Obama raises big money in Boston Facebook draws user ire with email switch Facebook names first woman to board Trebek ‘up and about’ after heart attack Today in history: JFK visits West Berlin More Features » ADVERTISEMENT Boston Globe Special Offer Special offer: 99¢ for Sunday home delivery, and get complete access to BostonGlobe.com for free!