 | Thu. Sep. 01, 2011 New roller coaster is coming to Six Flags Six Flags New England has disclosed plans to bring to its theme park in Agawam a new roller coaster called Goliath, featuring a vertical 18-story drop and 102-foot-high vertical loop. Goliath, which will be designed to attain free-fall reaching speeds of 65 miles per hour, is scheduled to make its debut in late spring 2012. According to Six Flags, its New England facility is already home to the largest collection of roller coasters in the Northeast Deadline for mortgage help extended Financially-stressed homeowners who feared they had missed the deadline to apply for mortgage help through a federal no-interest loan program now have two more weeks to submit applications, housing officials say. Pfizer signs lease with MIT for research space Giant drug maker Pfizer Inc. has signed a lease with the Massachusetts Institute of Technology to locate several research units in Kendall Square, a move projected to bring 400 new research jobs to Cambridge. Plans call for Pfizer to relocate research units at a new building under development at 610 Main St. South. The lease with MIT is for more than 180,000 square feet of space. Pfizer is relocating some of its research operations to the Boston area from southeastern Connecticut. Irene helps lift BJ’s August sales Hurricane Irene helped lift the August sales of BJ’s Wholesale Club Inc. as consumers stocked up on supplies in days leading up to the storm, the Westborough-based chain of 190 warehouse clubs said today. At stores open at least a year --- a closely watched metric in the retail industry --- BJ’s said August sales rose 11.5 percent. Irene had a positive impact on merchandise same-store sales of about 2.5 to 3 percent. Dunkin’ looks to jolt Foxborough folks without power with free joe Dunkin’ Donuts said it is dispatching one of its sampling vehicles to Foxborough to give away free hot and iced coffee to morning commuters who have experienced power outages this week. Why Foxborough? Dunkin’ said that yesterday it asked its Twitter followers to tweet local towns that are still without power following Sunday’s storm. After reviewing those tweets, Dunkin’ decided that Foxborough was in desperate need of free joe. 65,000 in Mass. still without power National Grid and NStar, the state’s two largest utilities, said that about 65,000 of their Massachusetts customers were still without power as of early this morning. National Grid said that at 7:52 a.m., just over 50,000 of its customers still lacked electricity, down from 70,000 last evening and down from 500,000 on Sunday when Tropical Storm Irene struck Massachusetts. As of 5:30 a.m., there were 14,300 NStar customers in Massachusetts still without power. Since the start of the storm, NStar said it has restored electricity to close to 300,000 customers. Language firm taps former acting governor Swift as CEO Jane Swift, the acting governor of Massachusetts from 2001 to 2003, has been appointed chief executive of Middlebury Interactive Languages, a Vermont company that provides language instruction for students from kindergarten through high school, the company said. According to its press release, the year-old company is a joint venture between Middlebury College and K12 Inc., a provider of curriculum and online education products. Headquartered in Middlebury, Vt., Middlebury Interactive Languages sells products and services to both consumers and schools. Two Mass. banks get $23m from US Central Bancorp Inc. of Somerville and Leader Bancorp Inc. of Arlington have received a total of $22.9 million as part of a US Treasury program to increase small business lending, the US Department of the Treasury said today. All told, six Massachusetts banks have received funding under this federal program. Several congressional Republicans have derided the program as a government bailout. In some cases, banks have used money from the program to repay earlier federal aid they received on more favorable terms. July foreclosure starts hit highest level of 2011 More than 1,400 foreclosure proceedings were started in Massachusetts in July, the highest monthly number so far in 2011 and the highest number of monthly starts since September, the Warren Group reported this morning. Foreclosure petitions are an early step in the foreclosure process. There were 775 actual foreclosures in Massachusetts in July, down 38 percent from July 2010. Real estate specialists have said that the year-to-year falloff can be largely attributed to lenders pulling back on foreclosures, not an improving economy, and many expect the number of foreclosures to soon start increasing. State says 133,000 Mass. customers were still without power as of 10 a.m. Just over 133,000 electricity customers in Massachusetts were without power in Massachusetts as of 10 a.m. today, down from 186,000 at 9 p.m. yesterday, according to the Massachusetts Emergency Management Agency. As of 11:08 a.m., National Grid said just over 99,000 of its Massachusetts customers were still without power as a result of Tropical Storm Irene, down from 144,001 as of 5 p.m. yesterday. Meanwhile, there were about 35,000 NStar customers without power this morning, down from 84,000 yesterday morning, according to NStar. National Grid posts local estimates on power restoration National Grid has posted estimates on its website about when Bay State customers without electricity can expect to have power restored. As of 3:30 p.m., estimates were posted for most Massachusetts communities that National Grid serves. Estimates for remaining communities will be posted as they become available. All National Grid customers in Andover, for example, should have power by late tomorrow night. But many customers in Sharon may have to wait until Friday, and a few might not have power restored until Sunday. |
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