 | Wed. Sep. 07, 2011 Weil, Gotshal appoints new managing partner for its Boston office
New York-based law firm Weil, Gotshal & Manges LLP has appointed Joseph J. Basile managing partner of its Boston office, which has just over 40 lawyers. Basile, who has been a partner in the firm’s corporate department, succeeds James Westra, who is leaving to become managing director and chief legal officer at the private equity firm Advent International, a long-standing client of Weil. Weil has more than 1,200 lawyers in offices around the world, including about 300 partners. Law firm, angel investment group team up
Boston law firm Nutter McClennen & Fish LLP said it has entered into a strategic partnership with Launchpad Venture Group, a Hub-based angel investment group that focuses on technology-driven start-ups. According to Nutter, its knowledge in deal structuring, transactional law, intellectual property, due diligence, and corporate governance will be a good complement to Launchpad’s investment expertise. The new Launchpad partnership will also help Nutter deepen its existing presence in the early stage investment community, the firm said. Putnam offers new smartphone feature
Putnam Investments, a Boston money management firm, said its shareholders will now be able to access the company’s Web content by scanning a code on their quarterly statements with a smartphone. According to Putnam, it is the first mutual fund company to offer this service. When shareholders use their smartphone to scan the code on the front of their statements, it automatically takes them to sections of Putnam’s website, where they can gain access to commentary from Putnam advisors. Talbots reports sales drop
Talbots Inc., the struggling Hingham-based apparel retailer that is attempting a turnaround, said that second-quarter sales fell nearly 10 percent to $271.1 million as a chain with about 566 stores resorted to markdowns and promotions. For the quarter that ended July 30, Talbots reported an operating loss of $34 million, compared with operating income of $8.7 million in the comparable period from a year ago. Talbots also said that its chief creative officer has left the company. Have vacations become a guilty pleasure?
Technology so binds us to the workplace that many employees now feel guilty about taking a vacation. So reports a new poll from Monster.com, a job-search and online recruiting website with much of its operations in Maynard. A day at the beach? Not without a BlackBerry or an iPhone to check those office e-mails. According to the Monster.com poll, 42 percent of the people who answered its survey question said they feel guilty about taking vacations and being out of touch with the office. DPU to study utility response to Irene outages
Because of widespread complaints, the state Department of Public Utilities says it will review how utilities National Grid and NStar responded to Irene. Israeli company to put US base in Waltham
EarlySense Inc., an Israeli medical technology company that serves global markets, today said it will locate its US headquarters in Waltham and plans to hire 10 employees in Massachusetts by the end of the year, adding another 10 to 20 annually in subsequent years. Herald to move to Seaport
The Boston Herald plans to relocate to the Seaport District early next year, the newspaper’s publisher said today, abandoning its longtime headquarters in the South End for new office space in South Boston. The newspaper, which signed a 10-year lease at Seaport Center, will join a growing list of businesses moving into the waterfront area between Fort Point Channel, Summer Street and the Boston Marine Industrial Park, including ad agency Allen & Gerritsen Dunkin’ rolls out fall menu
Dunkin’ Donuts is rolling out seasonal items for its fall menu. They include pumpkin-flavored coffee and Munchkin. There’s also the caramel apple donut, described as an old fashioned flavored cake donut coated with cinnamon sugar. Apple cider is also available, either hot or cold. Pumpkin joe can also be had as packaged coffee that can be brewed at home. Hill Holliday to host FutureM panel discussion
Boston ad agency Hill Holliday said it will host “The Pitch,” a panel discussion that is part of FutureM, a local event that will focus on marketing, media and technology. Scheduled to run from Sept. 12 through Sept. 16, FutureM is the brainchild of the Massachusetts Innovation and Technology Exchange, or MITX, an Internet business and marketing association. “The Pitch” panel discussion will feature an “American Idol” style presentation of start-up companies, Hill Holliday said. Mass. gas prices rise 3 cents a gallon
The average price for gas in Massachusetts is $3.649 a gallon in the latest weekly survey from AAA, up 3 cents from the previous week’s average, AAA Southern New England said today. The current national average is $3.66 a gallon. A year ago at this time, the Massachusetts average price was $2.61 a gallon, AAA Southern New England said. AAA’s surveys focus on the average price of a gallon of self-serve, regular unleaded gas. |
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