Friday, January 29, 2010 Mass. unveils energy efficiency standards By Erin Ailworth, Globe Staff After a year's worth of haggling with the state's utility companies, Massachusetts officials today unveiled a set of ambitious energy efficiency standards that some say may be unequaled in the nation. To meet the new... Zipcar pulls recalled Toyotas from fleet Globe Staff Zipcar Inc., the Cambridge-based car-sharing service, announced that the company will not allow reservations for the recall-affected Toyota vehicles in the Zipcar fleet until the accelerator malfunction has been appropriately resolved by Toyota. The accelerator malfunction, which can... Staples looks to settle overtime pay lawsuits Globe Staff Staples Inc., the Framingham-based retailer of office supplies, said it has reached a $42 million settlement in several class action lawsuits related to the alleged misclassification of its assistant store managers concerning overtime pay. The settlement is subject... First Marblehead second-quarter loss narrows Associated Press First Marblehead Corp., a Boston company that packages students loans for sale to investors, said cutting expenses and a fewer losses on loans held for sale helped it narrow its second-quarter loss. The company said it lost $11.7... Who, What, Where Chris McIntosh (right) has been named the new publisher of the Boston Business Journal, the BBJ reported on its website. His appointment is effective immediately. He replaces Michael Olivieri, who was recently promoted to the newly created role of chief revenue... Mass. economy shrinks again By Robert Gavin, Globe Staff Economic activity in the Massachusetts declined for the sixth consecutive quarter at the end of last year as holiday shoppers spent cautiously and the unemployment rate spiked, the University of Massachusetts reported. The state's economy... iPhones keep ski resorts honest on snow reports Associated Press WARREN, Vt. -- Ever hit the slopes only to find 4 inches of fresh snow instead of the 8 inches you were promised? That may be because ski areas have exaggerated their snowfalls on weekends to entice skiers,... Genzyme makes board changes Globe Staff Genzyme Corp., the Cambridge biotechnology company, said that it has taken steps to strengthen the role of its lead independent director and that it has appointed new leadership to head the board's audit committee. "The lead independent director... Bain Capital Ventures invests in Edgar Online Globe Staff EDGAR Online Inc., a company that distributes public company filings, announced that it has completed an agreement for Bain Capital Ventures to purchase $12 million worth of convertible Series B preferred stock of the company. Bain Capital Ventures... Top this, Christo. It's a cranberry work of art. Globe Staff Some artists express themselves with oil paints. Others prefer clay or stone. But at Ocean Spray, not surprisingly, the medium of artistic choice is the cranberry. "Using a river as his canvas and 30,000 pounds of cranberries as... BG Medicine plans IPO for $86.3 million Associated Press BG Medicine Inc., a molecular diagnostic test maker, plans to sell up to $86.3 million in stock in an initial public offering, according to a regulatory filing today. The company, based in Waltham, did not set a price... Ironwood expects $272 million in IPO Associated Press Ironwood Pharmaceuticals Inc. plans on raising about $272.4 million through an initial public offering and said it will use the proceeds to develop a drug for irritable bowel syndrome. The company, based in Cambridge, is offering just under... Logan mechanic is saluted for 50 years' service American Airlines aircraft mechanic George Monahan . (Essdras M Suarez/ Globe Staff Photo) By Katie Johnston Chase, Globe Staff When George Monahan started working on propeller planes in 1960, there were no sensors that alerted pilots when a mountain was... Flexion announces deals with major pharmas Globe Staff Flexion Therapeutics announced agreements with four major pharmaceutical partners, acquiring the rights to four clinical-stage compounds, and gaining investment from the world's biggest pharmaceutical company. An investment from Pfizer's Venture Capital group closed Flexion's Series A financing round... Today in Globe Business Seeking savings, some ditch brand loyalty Over the past six months, Elizabeth O?Herron has banished nearly all brand names from her household. So long Pampers, Hefty, and Birds Eye. Instead, the pantry is stocked with cheaper imitations of the same... |
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