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Wed. Jun. 20, 2012 Dunkin’ Donuts: Many summer travelers use GPS devices to track down road-trip food options A survey released by Dunkin’ Donuts found that many consumers use GPS devices to locate restaurant options while on summer road trips. Out of 1,004 adults surveyed, 36 percent said they use a GPS device or some other travel technology to identify food and drink stops. Another finding: 59 percent of respondents said they make at least two or more stops for food or drinks during a summer road trip, a data point likely to gladden the marketing department at the Canton-based coffee-and-baked-goods chain.	Advertisement
AAA projects Fourth of July travel to rise by nearly 5 percent The Fourth of July falls on a Wednesday this year, but a midweek holiday won’t slow down the travel plans for many Americans. Citing comparatively low gas prices as one reason, AAA projects a nearly 5 percent increase from a year ago. In fact, this year should tie the past decade’s previous high mark set in 2007, as many folks make five- and six-day mini-vacations out of the Fourth as they take off work days either before or after the Wednesday holiday.
Deloitte’s William K. Bacic will chair United Way of Massachusetts Bay and Merrimack Valley The board of directors of United Way of Massachusetts Bay and Merrimack Valley unanimously elected William K. Bacic to serve as board chair, the nonprofit said Wednesday. Bacic, who has served on United Way’s board for three years, is the New England managing partner for Deloitte & Touche LLP, a large firm that provides audit, financial advisory, tax, and consulting services. As chair, Bacic plans to focus the United Way chapter on how to help achieve school readiness among young children.
Boston Architectural College to use MassDevelopment bond to finance renovations MassDevelopment, the state’s finance and development agency, said Wednesday that it has issued a $5.8 million tax-exempt bond on behalf of Boston Architectural College. The school, located in Boston’s Back Bay neighborhood, will use bond proceeds to finance its third phase of construction and renovations to its building at 951 Boylston St., the former site of the Institute of Contemporary Art Museum and the Division Sixteen Police Station.
Saucony unveils the Virrata, a ‘featherweight’ running shoe Saucony, the Lexington-based running-shoe brand, said it is introducing a lightweight performance shoe line that includes the Virrata, the lightest training shoe that the brand has ever made. The Virrata is part of the new Saucony Natural Series, which is designed to position the foot for a more natural and powerful stride. Shoes in this line also feature greater underfoot cushioning. According to Saucony, the Virrata is a “featherweight, natural motion running shoe” that weighs in at 6.5 ounces.
Massachusetts-Israel innovation grant winners named at BIO convention The first round of grants awarded under the Massachusetts-Israel Innovation Partnership (MIIP) were announced Tuesday at the BIO International Convention at the Boston Convention & Exhibition Center. MIIP is a formal collaboration between the State of Israel and the Commonwealth of Massachusetts to encourage and support innovation and entrepreneurship between Massachusetts’ and Israel’s life sciences, clean energy and technology sectors.
Carpenter & Co. to build office in Harvard Sq. The owner of the Charles Hotel in Cambridge’s Harvard Square has purchased an adjacent property where the company plans to develop a 65,000-square-foot office building.
Fidelity protest European banking label Fidelity Investments urged European regulators to abandon the term “shadow banking” and said that its money market mutual funds should not be considered part of the shadow banking system.
Green Mountain Coffee Roasters to relocate local operations to Burlington Green Mountain Coffee Roasters Inc. said it plans to relocate its Massachusetts-based Keurig business unit to an office complex in Burlington. The phased relocation from the company’s three existing Massachusetts facilities in Reading, Wakefield, and Woburn is anticipated to take place over the next several years. Green Mountain, which has its headquarters in Vermont, currently has 519 employees in Massachusetts.
Former Treasury Secretary Henry Paulson: No regrets on bail-out Former Treasury Secretary Henry Paulson defended his decision to bail out US financial institutions in 2008, but acknowledged that he erred in communicating the move to public. Speaking to several thousand US and global executives at the Biotechnology Industry Organization’s annual convention in Boston, Paulson said he should have made it clear that the bailout was intended to stabilize the financial system and prevent a collapse that would have hurt ordinary Americans.
At Boston BIO convention, look for Canada between France and Maryland Navigating the massive exhibition floor at the Biotechnology Industry Organization’s annual convention at the Boston Convention & Exhibition Center is a geographic experience like no other.
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