Thursday, June 18, 2009 $147m movie studio planned for S. Weymouth
A California production company today launched plans to build a $147 million motion picture studio on 30 acres at the former South Weymouth Naval Air Station. Executives with International Studio Group said they intend to begin construction next spring on... Financial Research names a new CEO
Financial Research Corp., an asset management research and consulting firm, has named Bruce Fador to be its chief executive, starting July 6. Fador, 53, is currently chief operations officer for Decision Resources Financial, a unit of Division Resources Inc. in... Boston engineer is honored for inventing e-mail
A Boston engineer who is credited with the development of e-mail was honored with an international award. Raymond S. Tomlinson, a principal engineer at BBN Technologies in Cambridge, was presented with the 2009 Prince of Asturias Award for Technical and... ImmunoGen expects $33m from offering
Biotechnology company ImmunoGen Inc. today priced its public offering of 5 million shares of common stock and expects proceeds of $33 million. The company announced the offering late Wednesday. ImmunoGen is offering the stock at $7, marking a discount of... Mass. foreclosure deeds drop sharply in May
(File photo: Paul Sakuma/AP) The number of foreclosures in Massachusetts dropped dramatically in May -- the second consecutive month that foreclosure deeds fell from the month before, according to data released today by real-estate tracker The Warren Group. There... Comcast assumes full ownership of NECN
Comcast is now the sole owner of New England Cable News, the 24-hour regional cable network. Hearst Corp., which co-owned NECN, had been in discussions with Comcast for the past few months and sold its half to the cable giant... Mass. adds jobs for the first time in a year
Massachusetts gained 4,900 jobs last month, the first increase in a year, according to a survey of employers' payrolls from the state's Executive Office of Labor and Workforce Development. But the state's unemployment rate continued to climb, from 8.0 percent... Progress Software reports lower 2Q earnings
Progress Software Corp. said Thursday the weak economy and currency fluctuations cut its fiscal second-quarter earnings in half. The Bedford-based business-software maker said it earned $6.9 million, or 17 cents per share, in the period ended May 31. That's... Today in Globe Business
Five projects targeted for stimulus aid Governor Deval Patrick?s administration will spend hundreds of millions of dollars this summer building roads and highway ramps for at least five struggling private developments - from the former Naval air station in Weymouth... Wednesday, June 17, 2009 Hospitality Properties to sell shares to pay off debt
Newton-based Hospitality Properties Trust plans to sell 15 million common shares to raise funds to repay debt. The real estate investment trust, which concentrates on hotel properties, said today that it expects to grant the underwriters a 30-day option to... Filene's Basement sale approved
A bankruptcy judge today approved the $62.4 million sale of the Filene's Basement chain to discounter Syms Corp. and the New York firm Vornado Realty Ventures. A company created by the two businesses acquired all of the assets, except for... State's seeking information about workplace fraud
The Massachusetts Joint Task Force on the Underground Economy will seek testimony about workplace fraud at meeting at 10 a.m. Friday at Bunker Hill Community College, 250 New Rutherford Ave. Suzanne Bump, state secretary of labor and workforce development, and... EnerNOC picks up eQuilibrium
Tim Healy, chief executive of EnerNOC Inc., speaking at a conference in 2008 The Boston-based demand-side energy management company EnerNOC Inc. acquired eQuilibrium Solutions Inc today. eQuilibrium, also in Boston, was acquired to bolster EnerNOC's power-usage and cost-control software.... Airline will launch Boston-Toronto service
Toronto-based Porter Airlines Inc., launched in 2006, plans to announce tomorrow that it will begin daily service between Boston and Toronto City Centre Airport, according to an aviation official with knowledge of the airline's plans. The airline is planning three... Syrup prices may get a lot sweeter, thanks to supply
Accommodating weather and a boost in the number of maple trees tapped are being credited for a bumper 2009 maple syrup crop. Sugar makers in Vermont and elsewhere produced 2.3 million gallons this past winter, the most in at least... Knight Foundation honors digital media projects
Two Bay State residents who proposed new digital media experiments were among the winners of the 2009 Knight News Challenge. The John S. and James L. Knight Foundation, which funded the contest, chose nine winners involving mobile technology, digital... | 
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