Wednesday, September 16, 2009

Daily Business Update from the Boston Globe

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Wednesday, September 16, 2009

Sun Life will sponsor al fresco hockey at Fenway
Fenway Sports Group and the Hockey East Association said that Sun Life Financial, an international financial services company with offices in Wellesley, will be the title sponsor of the Sun Life Frozen Fenway series of outdoor hockey events at Fenway...

Pervasis completes initial closing of $17m round
Pervasis Therapeutics Inc. said that it has completed the initial closing of a $17 million third round of financing. Headquartered in Cambridge, Pervasis is a clinical stage biotechnology company. "Participants in the financing included Flagship Venture Partners, Polaris Venture Partners,...

Shaw?s Osco outlines flu shot program
By Chris Reidy, Globe Staff Shaw?s Osco Pharmacy said that customers who get a seasonal flu shot at one of its pharmacies for $24.99 can qualify for a $20 gift card that can be applied to a future grocery shopping...

BRA OK's projects in South Boston, West Roxbury
The board of directors for the Boston Redevelopment Authority, the city's planning agency, approved two projects at its meeting last night, the office of Mayor Thomas M. Menino said in a press release. "The Distillery, in South Boston, will redevelop...

Who, What, Where
David Chang has been named vice president of product at uLocate Communications Inc., a Boston-based publisher of location-based mobile services. In his new job, Chang will be responsible for managing the strategy and development of uLocate's portfolio of products, including...

Big Blue is hiring at Essex Junction plant in Vermont
Associated Press ESSEX JUNCTION, Vt. -- Some good news from the IBM plant in Essex Junction: After years of cutbacks, the plant is hiring hundreds of new workers. Since June the company has hired 126 new workers and is planning...

Top my naked pizza with alligator sausage, Mr. Kraft
(This image was taken from the NAKEDpizza website.) By Chris Reidy, Globe Staff The Kraft Group, the Foxborough company whose portfolio of holdings includes the New England Patriots, said it has invested in a New Orleans-based restaurant chain that...

PerkinElmer buys some research product lines
PerkinElmer Inc., a Waltham life sciences company, said that it has purchased the assets of GE Healthcare's 3H and 14C Catalog Radiochemicals, Scintillation Proximity Assay reagents, and Cytostar-T plate product lines. The products are used for a variety of...

New Balance unveils 574 Clips
By Chris Reidy, Globe Staff New Balance Athletic Shoe Inc. said it is introducing a new collection called 574 Clips, which are sneakers constructed from gray pig suede and leftover materials salvaged from the company's facility in Lawrence. With a...

BRA is telecasting its board meetings
The Boston Redevelopment Authority, the city planning agency that reviews the proposals of real estate developers to reshape the city and its neighborhoods, said that the public will now be able to view the proceedings of its board meetings live...

Bar association will honor Connolly
Boston Bar Association president Jack Regan announced that Mary (Meg) M. Connolly will be honored with the John G. Brooks Legal Services Award. "Meg has served as the executive director of the Volunteer Lawyers Project of the Boston Bar Association...

Today in Globe Business
Health costs to rise again The state?s major health insurers plan to raise premiums by about 10 percent next year, prompting many employers to reduce benefits and shift additional costs to workers. Increases will range from 7 to 12 percent,...

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