Monday, July 13, 2009

Daily Business Update from the Boston Globe

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Monday, July 13, 2009

Citizens collects school supplies for low-income kids
By Chris Reidy, Globe Staff Citizens Bank said that it is collecting new school supplies for low-income children in Massachusetts, the fourth year it has done so. "Beginning today, pencils, pens, notebooks, and other supplies can be donated at any...

Abt names Flanagan as next chief executive
By Chris Reidy, Globe Staff Abt Associates Inc. said that Kathleen L. Flanagan has been named president and chief executive, succeeding Wendell J. Knox, who had announced his retirement in June of last year. With offices in Cambridge, Abt Associates...

Gordon steps down at Analogic
By Chris Reidy, Globe Staff Analogic Corp., a Peabody provider of medical imaging and aviation security technology, announced today that Bernard Gordon has stepped down from its board of directors as part of his planned retirement. Gordon, 82, founded Analogic...

Local AP bureau chief is tapped for NY job
By Johnny Diaz, Globe Staff David Marcus, the bureau chief for the Associated Press southern New England office, is leaving the bureau at the end of August to become the assistant director of newspaper accounts at the news agency's New...

Commerce offers safety program for older drivers
By Chris Reidy, Globe Staff The Commerce Insurance Co. said it is teaming with In Control Advanced Driver Training, the state-certified crash prevention program, to provide senior citizens with the skills necessary to reduce their risk of being involved in...

Decas Cranberry taps next chief executive
By Chris Reidy, Globe Staff Decas Cranberry Products Inc. announced the appointment of Charles B. Dillon as chief operating officer and successor to chief executive Jeffrey Carlson. "Mr. Dillon will replace Jeffrey Carlson as president and chief executive officer...

Mass. travel office promotes discount pass
By Chris Reidy, Globe Staff The Massachusetts Office of Travel and Tourism said that its Summer Mass Value Pass will offer discounts of at least 25 percent at more than 300 Massachusetts attractions, retail establishments, lodgings, and restaurants statewide....

Dutch carrier wants bigger stake in iBasis
By Chris Reidy, Globe Staff Burlington's iBasis Inc., a wholesale carrier of international long distance telephone calls and a provider of retail prepaid calling services for mobile operators, said that it has received a letter from Royal KPN N.V., a...

Mass. gas prices have biggest weekly drop of 2009
(File photo: Justin Sullivan/Getty Images North America) By Chris Reidy, Globe Staff Gasoline prices in Massachusetts fell for the third straight week, with a 3-cent decline that is the largest one-week drop since the end of 2008, AAA Southern...

Boston Scientific set to launch LATITUDE in Europe
By Chris Reidy, Globe Staff Boston Scientific Corp., the Natick medical device company, said it will begin marketing its LATITUDE Patient Management system in Europe following regulatory approval there. "The LATITUDE system remotely monitors patients with implantable cardiac devices, gathering...

Health system turns to athenahealth, Microsoft
By Chris Reidy, Globe Staff Cook Children's Health Care System, which supports more than 60 pediatric medical offices and specialty clinics throughout Texas, said in a press release that it is collaborating with athenahealth Inc. and Microsoft Corp. to implement...

The Providence Group launches hotel program
By Chris Reidy, Globe Staff The Providence Group LLC, a Duxbury-based hospitality management company, said that it has launched a Distressed Hotel Management Program to help financial institutions, lenders and owners address their troubled hotel assets. " The program is...

Italian gastronomes pursue studies at UNH
By Chris Reidy, Globe Staff In Italy, eating is an art form, so at first glance, it would seem unlikely that a country celebrated for its cuisine would dispatch some of its most promising young gastronomes to the University of...

Freeport potato vodka earns kudos
By Chris Reidy, Globe Staff Combine Downeast spuds with pristine water, and the result is a premium Maine potato vodka known as Cold River Vodka. The spirit's creator, Maine Distilleries LLC of Freeport, Maine, said its signature vodka has earned...

RI bucks trend, fights to keep greyhound racing
(File photo: John Tlumacki/Globe staff) Associated Press LINCOLN, R.I. (AP) -- Greyhound tracks are folding across the country, but in cash-strapped Rhode Island -- where the unemployment rate is among the nation's worst -- lawmakers are betting on the...

Today in Globe Business
The greening of gasoline In a laboratory at the University of Massachusetts at Amherst, graduate students hover around a complex setup that involves tubes, chambers, and dials. The students load sawdust into one side of the machine and, within moments,...

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