Thu. Jul. 07, 2011 Scan Stop & Shop groceries on your iPhone
The Stop & Shop Supermarket Co. said today that it is starting the roll out of a new free app that allows customers to use their iPhones to scan their groceries. According to the Quincy-based chain, it is the first US supermarket company to conduct such a pilot program. Jobless homeowners get a reprieve
Tens of thousands of unemployed US homeowners, including many in Massachusetts, could benefit from a new federal policy that will let them stop making mortgage payments for a year. Salem Five to take over Stoneham Savings
Salem Five strikes a deal to take over troubled Stoneham Savings Bank, which struggled with with millions of dollars in deliquent real estate development loans. New stores coming to Burlington Mall
New stores coming to Burlington Mall include LittleMissMatched, Swim ‘N Sport, and Spike’s Junkyard Dog and Stack-a-Burger. BJ’s June revenue figure rises
BJ’s Wholesale Club Inc. said today that its revenue at stores open at least a year rose 7.3 percent in June, including gasoline sales, a slightly higher increase than analysts were expecting. BJ’s recently agreed to be sold to two private equity firms in a deal valued at $2.8 billion. Coakley challenges $18m in charges to NE Gas customers
The state attorney general’s office today asked Massachusetts utility officials to investigate $18 million in allegedly improper charges to customers of New England Gas Company. Firm lands Gates investment, MIT patents
Cambridge-based Liquid Metal Battery Corp. said today that it has secured the rights to key patent technology from MIT and that it has received financing from a French energy company and from Bill Gates of Microsoft fame. Liquid Metal Battery looks to develop new forms of electric storage batteries that work in large, grid-scale applications. TJX same-store sales rose 5% in June
TJX Cos., the Framingham company that operates such retail chains as T.J. Maxx, Marshalls, and HomeGoods, said a key sales metric was up 5 percent for June. HFF arranges $355m in financing for Fan Pier
HFF, a provider of commercial real estate services, said it has arranged a $355 million construction loan for the development of a new headquarters campus for Vertex Pharmaceuticals Inc. at Boston’s Fan Pier. Vertex’s move to the waterfront is one of the biggest real estate deals in Boston’s history. Zafgen secures $33m Series C financing
Zafgen Inc., a Cambridge pharmaceutical company, announced the closing today of a $33 million Series C financing. Zafgen is focused on developing treatments for obesity. Pending home sales rose in June
A forecast out this morning offered a bit of hope for the what has been a sluggish local housing market. The number of Bay State single-family homes put under agreement in June was up 9.28 percent when compared with the same time last year, the Massachusetts Association of Realtors said. | 
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