Friday, November 20, 2009

Daily Business Update from the Boston Globe

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Friday, November 20, 2009

Shillman House ground-breaking is set for Monday
Globe Staff Jewish Community Housing for the Elderly said it is scheduled to break ground Monday on the Morton and Etta Shillman House, a low- and moderate-income housing development in Framingham. Funding for the $42-million project includes $2.9 million in...

Text a $5 donation to Children's Hospital Boston
Globe Staff Children's Hospital Boston, a provider of pediatric research and care, said it is unveiling its first text-message fund-raising campaign. The public service announcements airing on New England Sports Network look to raise awareness that potential donors also have...

Conn. jobless rate jumps to 8.8 percent in October
Associated Press The Connecticut Labor Department says the state's unemployment rate increased slightly to 8.8 percent, even though employers added 1,000 jobs in October. The gain is statistically small and doesn't erase the 6,600 lost jobs in September. However, Labor...

Antigenics pulls European Oncophage application
Associated Press LEXINGTON - Biotechnology company Antigenics Inc. said today it will not seek approval for a potential kidney cancer treatment after a European advisory committee recommended against approving the drug candidate. The Committee for Medicinal Products for Human Use...

Ben & Jerry's honors athlete with ice cream flavor
Globe Staff Ben & Jerry?s, the Vermont ice cream brand, said it has created its first flavor to honor an athlete. The athlete is Vermont native and snowboarder Hannah Teter, and her flavor is Maple Blondie, which is described as...

The BC Eagles have an official hot dog
Globe Staff Kayem Foods Inc. of Chelsea and Boston College announced today that Kayem has been named the "official hot dog and sausage of the Boston College Eagles." "Under the agreement, Kayem Franks and Sausages will be served at...

Boston Scientific stent gets regulatory approvals
Globe Staff Boston Scientific Corp., the Natick medical device maker, said it has gotten regulatory approvals to market an esophageal stent in the United States, Europe, and other international markets. The stent in question, shown in a company photo...

RI unemployment drops to 12.9%, jobs still down
Associated Press PROVIDENCE - The unemployment rate in Rhode Island has fallen for the first time in nearly three years, dropping slightly to 12.9 percent in October. The state Department of Labor and Training said today that the state lost...

Sullivan Tire sponsors Adopt a Pet spot on NECN
Globe Staff Sullivan Tire & Auto Service, a chain that likes to feature blimps, dogs and, lately, Sox star Dustin Pedroia in its advertising, said it is sponsoring an "Adopt a Pet Segment" that will air weekly on New England...

Is there another candidate for Bank of America job?
By Todd Wallack, Globe Staff Bank of America executive Brian Moynihan isn't the only banking executive with local ties who has been mentioned as a possible successor to Bank of America chief executive Ken Lewis. Houston investment firm Finger...

Today in Globe Business
State jobless rate declines, bucking trend The Massachusetts unemployment rate dropped last month for the first time in two years, and job losses slowed - signs the state?s beleaguered job market may be stabilizing. Bucking a national trend, the state?s...

Thursday, November 19, 2009

Group says Ocean Spray's Choice brand doesn't use real fruit
By Johnny Diaz, Globe Staff A consumer advocacy group isn't so sweet on the labeling of a new dried fruit cranberry product from Ocean Spray Cranberries Inc. The National Consumers League, based in Washington D.C., sent a letter Tuesday to...

Jordan Hospital to work with Tufts, Floating Hospital
By Robert Weisman, Globe Staff Jordan Hospital of Plymouth, a 155-bed community hospital serving a dozen towns in Plymouth and Barnstable counties, said today it has formed a clinical affiliation with Boston's Tufts Medical Center and its Floating Hospital...

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