Wednesday, January 27, 2010

Daily Business Update from the Boston Globe

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Wednesday, January 27, 2010

The British are coming - to Newbury Street
Globe StaffAllSaints Spitalfields, a British fashion retailer that describes its merchandise as "sharp edge, directional clothing," said it plans to open a store on Boston's Newbury Street this spring.   The new store located at 122 Newbury St. will measure...

Apple unveils iPad
AP Photo Associated Press Apple CEO Steve Jobs has unveiled the iPad, a tablet-style computer that resembles the iPhone, but larger. RelatediPad unveiledScenes from the unveiling of Apple's new tablet. Apple's innovationsAs anticipation for new Apple tablet grows, a look...

Hub could break its convention record in 2012
Globe Staff The year 2012 is expected to break Boston's record for meetings and conventions in terms of the number of hotel rooms booked by convention attendees, the Massachusetts Convention Center Authority said today. The authority operates the Boston Convention...

Mercury Media wins Hoveround assignment
Globe Staff Mercury Media, a direct response media agency headquartered in Marlborough, said that it has been named the advertising agency of record by Hoveround Corp., a Florida company that makes what can be described as customized wheelchairs. Hoveround?s "personal...

Abiomed partners with fiber-optic sensor firm
 Globe Staff Abiomed Inc., the Danvers medical device company that makes the Impella heart pump, announced a strategic partnership with Opsens, a Canadian developer of fiber optic sensors. "Through this partnership, Opsens' breakthrough sensor technology will be integrated into the...

PetEdge signs big lease in Billerica
Globe Staff PetEdge, a wholesaler and marketer of pet supply products, has signed a lease for 216,780 square foot of space at the Billerica Commerce Center at 90 Salem Rd. in Billerica, said a broker involved in the transaction. The...

Broadband application for Western Mass. is stymied
Associated Press GREENFIELD -- Plans to bring high-speed telecommunications to all of Western Massachusetts have suffered a setback with the rejection of an application for $100 million in federal stimulus money. Judy Dumont, director of the Massachusetts Broadband Institute, says...

Bain invests in small-business finance company
Globe Staff Bain Capital Ventures, the Boston-based venture capital affiliate of Bain Capital, announced an investment in a New Orleans-based company that is helping small businesses turn their cash flow so they can grow and create jobs. Bain Capital Ventures...

Vt. wind turbine company opens Cambridge office
Globe Staff Northern Power Systems Inc., a Vermont wind turbine company, said it is opening an office in Cambridge to serve as a commercial and engineering center for its growing global wind business. Northern Power Systems said that it has...

Disputed cuts to Northeast scallopers reconsidered
Associated Press PORTSMOUTH, N.H. -- Northeast fisheries regulators are meeting to reconsider sharp, new scallop catch restrictions that have been vigorously protested by the fleet. The New England Fishery Management Council initially refused to reconsider the new rules, which include...

Brown taps Diversified Project Management
Globe Staff Diversified Project Management Inc., a Newton firm that provides such services as project management, construction administration, and move planning, said that it has been hired by Brown University to work on several upcoming projects. The Providence-based university is...

Today in Globe Business
Cuts in aid drag down hospital's debt rating A leading credit rating agency yesterday lowered the debt rating on Boston Medical Center as the financially troubled hospital posted an operating loss of $24.5 million for the 12 months ending Sept....

Tuesday, January 26, 2010

Mzinga relocates to Waltham
Globe Staff Mzinga, a company that provides social software, services, and analytics designed to improve business performance, said it has just relocated its headquarters to larger space in Waltham. Mzinga was previously based in Burlington. Its new offices in Waltham occupy...

Buy a house at a Stop & Shop
Globe Staff Some supermarkets have bank branches. Others have Dunkin' Donuts and Starbucks. And now some Stop & Shop stores will have real estate offices. RE/MAX of New England said today in a press release that it has entered into...

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