Thursday, August 12, 2010

Daily Business Update from the Boston Globe

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Globe Today

Thursday, August 12, 2010

Developer looks to move on N. Station supermarket
After years of delays, a new developer is proposing to begin construction next year on a supermarket and up to 275 apartments at the northern edge of the Rose Fitzgerald Kennedy Greenway.

Hub is gaga for Katy Perry, Julia Roberts, bulldogs
Popular searches on Yahoo.com show very different results for Boston and the nation as a whole.

American Tower prices $700m of senior notes
BOSTON -- Cell phone tower owner American Tower Corp. said it has priced $700 million of senior notes due September 2020.

OneUnited Bank chairman had brushes with the law
The chairman of OneUnited Bank, a Boston-based African-American owned bank that is at the center of a congressional inquiry, was arrested several years ago and charged with drug possession, though the charges were later dropped, numerous media outlets have reported.

Citizens Bank wins home lending award
The Massachusetts Housing Partnership, or MHP, said it is recognizing Citizens Bank with a 2010 ?Second to None Award? for Citizens work in making loans available to borrowers buying homes in Bay State neighborhoods hurt by foreclosures.

Walmart helps YouthBuild Fall River
The Walmart Foundation announced a $2.6 million donation to YouthBuild USA to support education and job training for low-income youth while giving participants the opportunity to earn a high school diploma or GED.

Yankee Candle posts loss
Yankee Candle Co. Inc., a Deerfield company that makes and sells candles, said it incurred a net loss of $10.2 million for the second quarter of 2010, compared with a net loss of $12.5 million for the second quarter of 2009.

Today in Globe Business
A sample of Business stories from today's Globe.

Wednesday, August 11, 2010

Timberland to expand eco-friendly footwear
Three years after Timberland Co. started rating the environmental impact of some of its products, the New Hampshire cobbler said it plans to expand its "Green Index" to all its footwear by 2012.

RI energy commission OK's wind farm agreement
WARWICK, R.I. -- The Rhode Island Public Utilities Commission has approved a power purchase agreement for a proposed wind farm off the coast of Block Island.

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