Wednesday, May 26, 2010

Daily Business Update from the Boston Globe

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Globe Today

Wednesday, May 26, 2010

Covidien to sell specialty chemicals business
Health care products supplier Covidien said it plans to sell its specialty chemicals business for $280 million in cash to an affiliate of New Mountain Capital LLC.

Sox tap environmental sports marketing agency
The Boston Red Sox have appointed GreenMark as the team's green sponsorship agency

FCC says many phone users 'shocked' by bills
One in six phone customers have experienced "bill shock," a drastic increase in a monthly bill not related to a change in service, according to a survey by the Federal Communications Commission.

Video: How 'top kill' method to stop oil spill works
The 'top kill' method of plugging the leaking oil well is explained in a virtual simulation

Lawsuit alleges Google violated Mass. privacy laws
Galaxy Internet Services Inc. and its wireless customers and WiFi users in Massachusetts have filed a class action law suit against Google Inc. on allegations that Google violated federal and Massachusetts privacy laws in developing Google maps.

Mullen ad for Olympus aims to exploit iPad features
Mullen said it has launched a special "augmented reality" ad for its client Olympus in the iPad edition of Wired magazine.

NSTAR energy efficiency program launches at MIT
NSTAR, the Boston-based utility, and the Massachusetts Institute of Technology said today they are teaming up to launch the "single most aggressive efficiency project in NSTAR history."

Report: It's hard to find lab space in Cambridge
Lab space continues to outperform other commercial real estate property categories in Greater Boston such as office and industrial buildings, according to a new report from Richards Barry Joyce & Partners, a Boston commercial real estate firm.

Foxborough grants franchise for Verizon FiOS TV
The Foxborough Board of Selectmen yesterday granted a cable franchise for Verizon FiOS TV, Verizon Communications Inc. said.

Virtual pain can yield real-world gain
Virtual fitness program motivates obese participants to shed real-world pounds.

Dunkin’ gears up for National Donut Day
Dunkin' reveals plans for marking National Donut Day.

Reveal detection systems deployed at World Expo
Reveal Imaging Technologies Inc.,said that its Reveal CT-80 Explosives Detection Systems have been deployed at the World Expo 2010, now underway in Shanghai.

Boston Scientific starts stent trial
Boston Scientific Corp., the Natick medical device maker, announced the start of a clinical trial to evaluate the performance of its PROMUS Element Everolimus-Eluting Coronary Stent System.

Harmonix releases demo of Green Day Rock Band
Harmoniz releases playable demo of the Green Day version of its Rock Band video game.

Today in Globe Business
A sample of Business stories from the print edition of today's Boston Globe.

Tuesday, May 25, 2010

British Airways cancels some flights out of Boston due to strike
British Airways canceled four of six flights between Boston and London today as the cabin crew strike continued into its second day.

EMC settles charges of overcharging US
EMC Corp. has agreed to pay $87.5 million to settle charges that it illegally overcharged the government and engaged in a kickback scheme.

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