Wednesday, March 3, 2010

Daily Business Update from the Boston Globe

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Wednesday, March 3, 2010

This estate comes with its own pub
If money is no object, and you need a Weston manse with six powder rooms and an in-home barber shop - both for you and your pet - the Back Bay office of Gibson Sotheby?s International Realty may have just the place for you.

Merck chairman: Massachusetts is good luck for us
Merck KcaG chief executive Karl Ludwig Kley (left) chats with Millipore's Martin Madaus today at The Boston Globe. (John Tlumacki / Globe Staff Photo)By Robert Weisman, Globe Staff The chairman of German drug and chemical giant Merck KGaA today...

Berkshires resort sold for nearly $5m
LENOX - A resort in the Berkshires that closed last year after 62 years in business has been sold for about $5 million to a group that plans to reopen it.

Rosengren says Fed needs more power
The Federal Reserve's decision to hold interest rates low for the early part of the last decade was not a major contributor to the US housing bubble, Eric Rosengren, president of the Federal Reserve Bank of Boston, said today.

Who, What, Where
Who, What, Where is a sampling of personnel announcements at local companies.

38 Studios expands executive team
Curt Schilling's company, 38 Studios, is expanding its executive team.

Many women frown on bosses who tweet
Just over half of men say it's acceptable for chief executives to tweet about their companies, but women take a dimmer view. New survey from Liberty Mutual explores the do's and don'ts of social media use in the work place.

Volvo unveils its naughty side
New ad campaign that Boston ad shop Arnold Worldwide collaborated on shows off Volvo's naughty side.

BJ's Wholesale Club 4Q profit climbs, sales rise
NATICK - BJ's Wholesale Club says its fiscal fourth-quarter profit climbed and sales improved on higher gasoline prices.

EMS announces executive promotions
Globe Staff Eastern Mountain Sports, an outdoor gear retail chain based in Peterborough, N.H., said Bob Mayerson has been promoted to president.

Today in Globe Business
A sample of stories that appear in the Business section of today's print edition of The Boston Globe.

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