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. Nov. 09, 2012 Mass. AG Martha Coakley fines Burger King franchisee for child labor violations MHC Services LLC, a West Springfield-based company that operates seven franchised Burger King restaurants in Western Massachusetts, has been fined $50,000 for multiple violations of Massachusetts Child Labor Laws, the office of state Attorney General Martha Coakley said Friday. According to Coakley’s office, minors allegedly worked more hours and later than the state’s labor laws allow. MHC “fully cooperated” with the attorney general’s investigation, Coakley’s office said.	Advertisement
Boston Consulting Group finding: Young men like to shop A new study from the Boston Consulting Group concludes that Millennials --- consumers between the ages of 16 to 34 --- spend more time dining out and shopping for clothers than middle-age consumers. To woo this young demographic, restaurants and retailers need to come up with some new strategies, particularly ones that make use of social media, the Boston Consulting Group said.
Cumberland Farms amps up Free Coffee Fridays To promote its Farmhouse Blend coffee, the Cumberland Farms chain of gas stations and convenience stores is running a “Free Coffee Fridays” promotion over the next few weeks. Starting today, the joe is free, any size, any way you like it, the Framingham-based chain said. Free coffee is also set to be available on Nov. 16, Nov. 23, and Nov. 30, Cumberland Farms said.
Eagle-Tribune and sister papers cut 21 jobs Community Newspaper Holdings Inc. is cutting 21 jobs at the Eagle-Tribune in North Andover and several sister papers north of Boston because of the sluggish economy. “It’s simply economic conditions,” said Al Getler, publisher of the Eagle-Tribune and several related papers.
Priceline buys Kayak for $1.8 billion Kayak Software Corp., the travel search company with offices in Concord and Norwalk, Conn., is being acquired by travel site Priceline.com for $1.8 billion, the company announced late Thursday.
Spirit Airlines launches nonstop service between Boston and Fort Myers Spirit Airlines launches its new nonstop service between Boston and Fort Myers, Fla., today, with round-trip tickets on sale now for $158 round-trip. The airline will have one flight a day to Fort Myers, its third nonstop destination from Boston. The airline also flies from Boston to Fort Lauderdale and Myrtle Beach.
Japanese biotech Human Metabolome Technologies opening first US office in Cambridge Japanese biotechnology company Human Metabolome Technologies is opening its first US location in Cambridge. The Kendall Square site -- which includes laboratory space -- will have 20 employees by 2015, according to Human Metabolome Technologies. The company said it chose Cambridge to gain access to the area’s many pharmaceutical firms and research institutions.
Monitor Group, founded by Harvard’s Michael Porter, files for bankruptcy and plans merger Monitor Group, a Cambridge consulting firm founded by Harvard Business School’s Michael Porter that rose to prominence in the 1980s, filed for bankruptcy protection Wednesday as part of a deal to be acquired by Deloitte Consulting. Monitor last year was involved in controversy over a $3 million-a-year fee it accepted to between 2006 and 2008 help to improve the image of Libyan dictator Muammar Khadafy. In 2011, the firm apologized for working with Khadafy.
Boston Scientific plans to relocate its HQ and 800 employees from Natick to Marlborough --- it also agrees to buy Calif. company Boston Scientific Corp. a medical device company now headquartered in Natick, said Thursday that it plans to move its headquarters and about 800 employees to Marlborough. The consolidation will take place in phases, starting next spring. Boston Scientific expects that its employees will be essentially moved out of the Natick facility by mid 2014. Separately, Boston Scientific said it has agreed to buy Vessix Vascular Inc., a California company specializing in balloon catheter technology. The deal that could be worth as much as $425 million.
Marsh & McLennan buys the Protector Group Insurance Agency of Worcester Marsh & McLennan Agency LLC, or MMA, said Thursday that it has acquired the Protector Group Insurance Agency of Worcester for an undisclosed amount. Founded in 1928, Protector Group is one of the largest independent agencies in New England, with about $13.6 million in annual revenues and 84 employees. The firm also has offices in Leominster and Wellesley.
Keurig teams up with Lavazza on a single-serve cappuccino, latte, and espresso brewing system The Keurig coffee K-Cup brand, which has operations in Massachusetts, is introducing a system that will brew single-serve espressos, cappuccinos, and lattes in collaboration with Luigi Lavazza SpA, known for its Lavazza Italian coffee brand. The announcement was made by Lavazza and Green Mountain Coffee Roasters Inc., Keurig’s Vermont-based parent company. K-Cups, which produce one cup of coffee at a time in Green Mountain’s Keurig brewers, are the most profitable segment of the Green Mountain’s business.
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.