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Mon. Dec. 03, 2012 Berklee College of Music report: Versatility is crucial to a successful music career A Berklee College of Music report takes an updated look at the music industry. Titled “Music Careers in Dollars and Cents,” the report finds the industry faces a number of challenges. The chronic theft of music content has lessened music’s perceived value among many consumers who think that anything online should be free. To succeed in such a tough environment, today’s musician needs to be highly versatile and possess professional skills beyond music making.	Advertisement
Massachusetts gas prices are down 2 cents a gallon, AAA Southern New England says The average price for gas in Massachusetts is $3.549 a gallon in the latest weekly survey by AAA, down 2 cents from the previous week’s average, AAA Southern New England said Monday.
Iron Mountain appoints William Meaney president and chief executive Iron Mountain Inc., an information storage and management company headquartered in Boston, said Monday that its board of directors has voted unanimously to appoint William Meaney president and chief executive, effective Jan. 7. Meaney will succeed executive chairman and chief executive Richard Reese, who announced his intention to retire after 31 years at the company, Iron Mountain said. Reese served as chief executive from December 1981 to June 2008 and returned as CEO in April 2011.
Cystic fibrosis drug from Vertex is approved by Canadian regulators Vertex Pharmaceuticals Inc. said Monday that Canadian regulators have given their approval to Kalydeco, a drug designed to treat some patients suffering from cystic fibrosis, a rare and often fatal genetic disease. The news comes roughly 10 months after the Cambridge company received a similar approval for the drug from the Food and Drug Administration in the United States.
The Warren Group: Completed foreclosures fell in October, but foreclosure petitions rose Massachusetts foreclosure petitions, the first step in the foreclosure process rose in October, but foreclosure deeds fell to the lowest monthly total so far this year, the Warren Group reported Monday. A total of 371 foreclosure deeds were recorded in October, down 52 percent drop from the same month a year ago, said the Warren Group, a Boston firm that tracks local real estate activity. During October, 1,458 foreclosure petitions were started, a 22 percent increase from October 2011.
EF Education First founder Bertil Hult is set to receive the Lucia Trade Award Bertil Hult, a Swedish entrepreneur who founded EF Education First, is set to receive the 2012 Lucia Trade Award from the Swedish-American Chamber of Commerce in a Monday ceremony in New York City. A global company with Swedish roots, EF has its North American headquarters in Cambridge. EF is an education company that specializes in language training, international travel, and cultural exchange programs. EF currently has 700 employees based in Massachusetts.
US to sell wind energy leases off 3 states The federal government plans to sell leases for wind farms off the coasts of Rhode Island, Massachusetts, and Virginia, marking the first time it has sold competitive leases for wind energy on the outer continental shelf, officials said Friday. The leases for the two areas, which total more than 430 square miles, will be sold next year, the Department of Interior and its Bureau of Ocean Energy Management said. ‘‘Wind energy along the Atlantic holds enormous potential,’’ Interior Secretary Ken Salazar said in a written statement.
Springfield mayor sees lower tax bills for most homeowners SPRINGFIELD — Springfield Mayor Domenic Sarno says the property tax rate he is proposing would lower tax bills for about 86 percent of single-family homeowners in the next fiscal year. Sarno on Friday recommended a residential tax rate of $19.71 per $1,000 valuation, and a rate of $38.91 for commercial and industrial properties. The proposal is expected to be considered by the city council on Monday.
Andy Husbands named visiting chef at Logan Airport Andy Husbands, chef/owner of the South End restaurant Tremont 647 and former “Hell’s Kitchen” contestant, is the latest local visiting chef to be featured at Dine Boston at Logan International Airport.
Nanotechnology company Nantero secures $10m funding round Nantero Inc., a Woburn nanotechnology company, announced the closing of an over $10 million Series D financing round. The round was led by two new strategic corporate investors currently engaged in strategic development and partnerships with Nantero, the company said. The round also includes existing investors such as Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners, Stata Venture Partners, and Harris & Harris Group. Nantero is using carbon nanotubes for the development of next-generation semiconductor products.
Medical device company NeuroMetrix gets FDA clearance to market a pain management system NeuroMetrix Inc., a Waltham-based medical device company, said it has gotten regulatory clearance to market a device that helps manage chronic pain in the lower leg or foot. The device is called the SENSUS Pain Management System, and it’s a lightweight electrical nerve stimulator that is worn on the upper calf and activated by the press of a button. According to the company’s website, trancutaneous electrical nerve stimulation has been shown to provide pain relief for patients with diabetes.
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