Wednesday, June 10, 2009 Massachusetts launches business competition
In an effort to encourage innovation and entrepreneurship in Massachusetts, Governor Deval Patrick today announced the creation of a business competition that will assist Massachusetts-based startups with a combination of cash and coaching from local technology industry professionals. Patrick made... Sulzberger responds to concerned Globe reporters
New York Times Co. chairman Arthur O. Sulzberger Jr. said he had hoped that The Boston Globe's biggest union would approve a package of wage and benefit cuts and spare company officials from imposing a 23 percent wage cut, but... Who, What, Where
Jed Cohen has joined Leerink Swann as managing director of investment banking. Before joining Leerink Swann, a Boston-based healthcare investment bank, Cohen was a managing director at Citigroup Global Markets in its Health Care Investment Banking Group. Ram Ramakrishnan is... UMass plans to buy Lowell hotel
The UMass Building Authority plans to purchase the Doubletree Hotel in Lowell the Procaccianti Group for $15 million on July 31, the University of Massachusetts at Lowell said. An additional $4 million will be spent to renovate the 252-room hotel... Survey: Local businesses are more upbeat
More than half of the Boston-area executives and company board members who attended a recent economic roundtable - or 56 percent - said the economy has already hit bottom or will do so by the end of the year, said... SatCon to raise $20.2 million in public offering
SatCon Technology Corp. said it has priced a common stock offering that will raise $20.2 million. The Boston-based company, which makes power generation products for the alternative energy industry, will sell 15.6 million shares of common stock at $1.30 per... Talon robot gets two-way hailer feature
QinetiQ North America, a company with offices in Waltham that makes the Talon family of military and first-responder robots, said it has created a two-way hailer capability for its robots. The capability makes the robots effective in such scenarios... CRA International buys consulting firm
CRA International Inc., a Boston firm that offers a range of consulting services, said it has acquired substantially all of the assets of Marakon Associates, a consulting firm known for value-based management. "The acquisition provides additional breadth, depth, and... Fidelity: Couples struggle with retirement planning
Married couples have done little to improve their communication, planning, and management of retirement finances despite the recession, according to a new survey from Fidelity Investments. Fidelity, a Boston mutual funds company that offers retirement savings plans, said the report... Uno signs on with Operation Pizza Surge
(File photo: Jim Davis/Globe staff) Uno Chicago Grill, the Boston-based restaurant chain whose website claims it uses enough mozzarella cheese in a year to build more than 4,600 Statues of Liberty, said it is teaming up a group called... EnerNOC partners with Green Mountain Power
EnerNOC Inc., a Boston company that helps utilities manage electricity consumption, said it has signed a partnership agreement with Green Mountain Power, a Vermont electric utility. EnerNOC uses its network operations center to remotely manage and reduce electricity consumption... Today in Globe Business
Appraisal discrepancies hold up some sales Property appraisals, once a routine part of a real estate deal, are complicating home sales as the slumping market makes it difficult for appraisers to pinpoint values. Surprising buyers and sellers, appraisers increasingly are... Tuesday, June 9, 2009 Hearing for $67M Filene's Basement sale postponed
The bankruptcy court hearing scheduled today to approve the $67 million sale of Filene's Basement to an affiliate of Men's Wearhouse will be delayed until June 19th as two of the losing bidders contest the validity of the auction on... Globe won't negotiate further with union on cuts
Boston Globe management said today that it has ??no interest?? in bargaining further with the paper?s largest union over a package of concessions and will move ahead with imposing a 23 percent pay cut on members of the Boston Newspaper... Globe union files labor complaint
By Robert Gavin, Globe Staff The Boston Globe's largest union said it filed unfair labor practice charges today with the National Labor Relations Board as Globe management insisted it would impose a 23 percent wage cut on members of Boston... Globe reporters appeal to Times Co.'s chief
A group of Boston Globe reporters has written to New York Times Co. chairman Arthur Sulzberger Jr. following Monday?s union vote to reject proposed concessions. Here is the text of the letter: Dear Mr. Sulzberger, We have long admired your... | 
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