Thursday, May 27, 2010

Daily Business Update from the Boston Globe

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Globe Today

Thursday, May 27, 2010

Hub's Fed Reserve tower earns LEED rating
The Federal Reserve Bank of Boston has announced that its downtown office tower, Federal Reserve Plaza, has received a LEED-EB Gold designation from the United States Green Building Council.

New high-tech scoreboards coming to Gillette
The Kraft Group said that workers have begun the process of installing the two new high-definition LED video scoreboards at Gillette Stadium.

East Coast Alpine is coming to Comm. Ave.
East Coast Alpine, retailer of skis, snowboards, bicycles and related gear, has leased 13,000 square feet at 860 Commonwealth Ave., on the Brookline-Boston line opposite Boston University, said a broker involved in the transaction.

Who, What, Where
A random sample of recent personnel announcements by local companies.

Survey: Gas stations comply with octane standards
A statewide survey of Massachusetts gas stations shows that the octane content of the gas they are buying matches or exceeds the number listed on the pump.

Thermo Fisher agrees to buy Canadian firm
Thermo Fisher Scientific Inc., a large Waltham-based supplier of laboratory equipment, said it has agreed to pay about $260 million in cash to buy Fermentas International Inc, a manufacturer and global distributor of enzymes, reagents, and kits for molecular and cellular biology research.

Fall River approves of sale of land for casino
Plans to build a resort casino in Fall River have taken a step forward with the city Redevelopment Authority's decision to sell a 300-acre parcel of land to the Mashpee Wampanoag Tribe for $21 million.

JetBlue resumes summer Nantucket-New York route
JetBlue Airways Corp. is resuming its summer service between New York and Nantucket, Mass.

Marlborough shopping plaza gets refinancing
Colliers Meredith & Grew said it has arranged a $9.5 million refinancing for Post Road Plaza, a 209,567-square-foot retail complex located at 246 East Main Street in Marlborough.

Citizens donates $100k to summer jobs program
Citizens Bank said its foundation is providing a $100,000 grant the city of Boston's Summer Enrichment program, which aims to provide "employment, engagement, and education" to teens and at-risk youths.

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

Wednesday, May 26, 2010

Governor seeks wider search for pension chief
By Beth Healy, Globe Staff Governor Deval Patrick?s administration is pressing for a broad search for a new chief of the state pension fund, despite a recommendation by several board members to promote Karen Gershman. In a letter to...

Senate votes to disclose who gets tax breaks
By Todd Wallack, Globe Staff The state Senate voted 38 to 0 today to disclose the names of filmmakers, dairy farmers, and other businesses that receive an estimated $245 million a year in refundable tax credits. The measure, a...

Live video: BP attempts 'top kill' to stop oil leak
The 'top kill' method of plugging the leaking oil well is explained in a virtual simulation

TESARO secures $20m in Series A financing
Boston biopharmaceutical start-up TESARO Inc. said it has secured a $20 million Series A financing only weeks after its launch.

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