Tuesday, December 21, 2010

Daily Business Update from the Boston Globe

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Tuesday, December 21, 2010

South Carolina community taps Ameresco
Ameresco Inc., a Framingham-based provider of energy-efficiency and renewable-energy systems and services, said it has entered a long-term contract with the City of Greenville, S.C.

FCC passes 'net neutrality' Internet regulations
The Federal Communications Commission today passed controversial new rules that prevent Internet providers from playing favorites or blocking access to Web sites that offer rival services.

Former Upper Crust manager alleges retaliation
A former operations manager at Upper Crust filed a lawsuit that accuses the Boston pizza chain of retaliating against him after he reported the company to the US Department of Labor for allegedly violating wage and hour laws.

Boston Scientific could owe $525m in back taxes
NATICK -- Medical device maker Boston Scientific Corp. said today that the Internal Revenue Service believes it owes more than half a billion dollars in taxes and interest.

National Grid completes 3 solar-power facilities
National Grid has finished three new solar-power generating facilities in Revere, Haverhill, and Everett, which, when combined with a previous solar installation, will produce a total of 3.4 megawatts worth of energy for the utility.

Storms in Europe cause more Logan cancellations
Winter storms in Europe are causing more disruptions at Logan International Airport today, with flight cancellations spreading beyond London into Frankfurt and Dublin.

State issues survey results on store overcharges
Nine stores in Massachusetts have been fined a total of $1,300 for having inaccurate prices, the state's Division of Standards said today.

Harvard fund to bankroll MBA-student entrepreneurs
Harvard Business School unveiled a program today that will help support student entrepreneurs in getting their new products quickly to market.

Yale gets $50m gift for management school
NEW HAVEN -- A member of Yale University's Class of 1964 has given a $50 million gift to the Ivy League school toward the construction of a new building at the School of Management.

Caliper Life Sciences completes CRi acquisition
Caliper Life Sciences Inc., a Hopkinton company that makes technologies used for drug development, said it has completed its previously announced acquisition of Cambridge Research & Instrumentation Inc., or CRi.

Curious George has an iPad learning app for kids
Houghton Mifflin Harcourt, the venerable Boston publishing house looking to evolve to the digital age, has launched the first in a series of mobile games for children to play on the iPhone and iPad.

Monday, December 20, 2010

Genzyme: MS drug could generate $3b in sales
Genzyme executives told investors and stock analysts today the treatment the Cambridge company is developing for multiple sclerosis could become its best-selling product later this decade, generating $3 billion to $3.5 billion in annual sales.

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