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Wed. Jun. 13, 2012 For tourists, Boston is 2nd costliest US city, TripAdvisor says Boston is the second most expensive US city for tourists, behind only New York, according to a new survey from TripAdvisor Inc., a Newton-based firm that offers online travel-recommendation services. Rankings are based on how much it would cost a couple to stay in a hotel, have dinner, and take a couple of cab rides. The amount for Boston: $450. In New York, the same package would cost $457, TripAdvisor said.	Advertisement Sign up to receive daily deals from Boston.com in your inbox.
Downtown Crossing businesses cheer new Filene’s plan Merchants and businesses in Boston’s Downtown Crossing are feeling optimistic about the redevelopment of the shopping district now that the Filene’s project appears to be back on track with a 600-foot skyscraper.
Globe joins race for new domain names Get ready for a whole new wave of website addresses. By next year, the Internet could have hundreds of new domain names -- the terms that come after the dot in dot-com website addresses. On Wednesday, the Internet Corporation for Assigned Names and Numbers revealed the names of about 2,000 applicants seeking to administer new domains as part of the biggest-ever expansion of Web addresses. On the list is The Boston Globe, which has applied to run the domain .boston.
Call center opens in New Bedford A company that provides customer support call services to other companies has opened a facility in New Bedford that could mean up to 100 new jobs. UpSource Inc.’s 10,000-square foot facility that opened Tuesday provides services to a variety of industries, including retail, health care, and telecommunications. UpSource currently employs about 60 people locally and aims to increase its staff to 75 by October and 90 in January. The company, which also operates call centers in Nova Scotia and Oklahoma, has a total of 380 employees.
Seventh Sense Biosystems appoints new CEO, closes $10m Series A financing Seventh Sense Biosystems, a privately held medical device company based in Cambridge, said Wednesday that Howard Weisman has been appointed president and chief executive and added that it has closed the final tranche of a $10 million Series A financing. The financing was with existing investors Flagship Ventures and Polaris Venture Partners. Founded in 2008, Seventh Sense is developing an array of products based on its proprietary painless blood collection platform.
Kayem Foods weighs in with low-calorie hot dog Looking to make hot-dog consumption a guilt-free pleasure for folks watching their weight, Kayem Foods Inc. has unveiled Kayem Lean Franks. According to the Chelsea-based meat processor, its new all-natural lean frank has 75 percent less fat, 45 percent less sodium, and 50 percent fewer calories than a traditional frank. “New Englanders looking to cut calories without compromising flavor can now enjoy a fresh, juicy Kayem frank with half the calories,” Kayem said.
Talbots, Sycamore to delay start of tender offer Talbots Inc., a Hingham retailer known for classically styled clothing for middle-age women, and Sycamore Partners have agreed to push back the start of the tender offer tied to Talbots’ buyout by two days until Friday. The companies gave no reason for the delay. Last month, Talbots agreed to be taken private by New York-based Sycamore Partners for about $193.3 million in cash. Talbots’ stockholders will receive $2.75 per share. The price was almost 10 percent less than the $3.05 per share that Sycamore had previously offered.
Hub biotech Rhythm raises $25m Rhythm, a Boston biotechnology company focused on diabetes and obesity, announced Wednesday that it has raised $25 million in a Series B financing round. The Series B financing brings the total capital raised by Rhythm to $65 million. Rhythm said it will use the proceeds to continue advancing its small-peptide therapeutics for metabolic diseases through Phase 2 clinical trials. Investors include Ipsen, MPM Capital, New Enterprise Associates, and Third Rock Ventures.
Constant Contact buys SinglePlatform for $65m Constant Contact Inc., a Waltham-based provider of e-mail marketing services, said it has bought a New York company called SinglePlatform for about $65 million. SinglePlatform looks to help small businesses get found through Web and mobile searches. SinglePlatform will continue to operate out of its New York City offices, and all of SinglePlatform’s employees will join the Constant Contact team.
Chelsea broker charged with securities violations Massachusetts Secretary of State William F. Galvin on Tuesday charged a Chelsea broker with defrauding investors of an estimated $1 million by selling them purported high-interest bonds and promising them Facebook stock.
Liberty Mutual renews sponsorship of Boston’s Fourth of July concerts through 2015 Liberty Mutual Insurance, a Boston-based global property and casualty insurer, announced Tuesday that it will renew its sponsorship of the Boston Pops Fourth of July Fireworks display and concert through 2015. The three-year sponsorship agreement totals about $8 million. The new sponsorship agreement will preserve a 39-year tradition that offers a free concert to an estimated 500,000 people who visit the Charles River Esplanade on the Fourth of July. Liberty Mutual has been the event’s sponsor since 2005.
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