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Mon. Mar. 12, 2012 Sam Adams will hold mini mentoring sessions at its brewery this evening The company behind Samuel Adams beer has scheduled an event at its brewery this evening that looks to help entrepreneurs in the hospitality industry. Founder Jim Koch and other company executives plan to offer free advice to these entrepreneurs in brief tutorials on such topics as marketing and public relations, packaging, sales and distribution, financing, business planning, and legal counseling.	Advertisement
Newport Harbor Corp. buys 8 Papa Razzi restaurants from Back Bay Restaurant Group Newport Harbor Corp. said Monday that it has finalized a deal to buy eight of the 12 Papa Razzi restaurants in Massachusetts and Rhode Island. The Newport-based hospitality company has acquired eight of the chain’s dozen Italian restaurants from Boston restaurateur Charlie Sarkis, who founded the Back Bay Restaurant Group and until last year owned and operated Abe & Louie’s, Atlantic Fish Company, Charley’s, Coach Grill, and Joe’s American Bar & Grill.
AAA: Mass. gas prices drop for the first time in 2012 The average price of gas in Massachusetts is $3.719 a gallon in the latest weekly survey from AAA, down 2 cents from the previous week’s average, AAA Southern New England said. It’s the first time that the weekly gas price average in Massachusetts has dropped in 2012, AAA Southern New England added. The national average price for gas is $3.80 a gallon. A year ago at this time, the Massachusetts average price was $3.47 a gallon. AAA surveys focus on self-serve, regular unleaded gas.
ZiXi appoints Dennis Albano CEO ZiXi, a Waltham company that provides cloud-based video services, announced Monday that it has appointed Dennis Albano as chief executive. Before joining ZiXi, Albano was chief executive at Signiant, a digital media movement software company. ZiXi sees its mission as meeting the “explosive demand for reliable HD video delivery over the Internet, Wi-Fi, and mobile networks.”
Dunkin’ offers St. Patrick’s Day donuts Dunkin’ Donuts, a baked goods firm for all seasons, is unveiling two special sinkers in honor of St. Patrick’s Day. Through the end of the month, the Lucky Mint Donut and the Green Shamrock Donut will be available at participating locations, said the Canton-based chain. Dunkin’ firmly believes that for every conceivable happy occasion, there is a donut that captures the spirit of the day. And the Lucky Mint and Green Shamrock donuts are the latest evidence of this belief.
Japanese firm agrees to buy Zoll Medical for $2.2 billion Zoll Medical Corp., a Chelmsford maker of resuscitation devices and related software, has agreed to be bought by a Japanese chemical manufacturer for $2.2 billion. The Japanese company is Asahi Kasei Corp., which said that the proposed acquisition will move forward its long term strategic objective of creating a globally competitive health care business that focuses on the field of critical care. This transaction builds on the alliance between the two companies that was announced last July.
Organogenesis gains FDA approval to start selling its cell-based product for dental gum surgery Organogenesis Inc., a Canton biotechnology company that grows living skin cells, received Food and Drug Administration approval Friday to market a product that will make it easier and less painful for patients to undergo dental gum surgery. The product, called Gintuit, is made up of donated skin cells sewn into bovine collagen, a natural substance derived from cows. Dental surgeons will use it in procedures to replace receding gum tissue.
Beth Israel Deaconess eliminating about 15 jobs, citing a drop in patient volume at the hospital Beth Israel Deaconess Medical Center said Friday that it is eliminating about 15 jobs because of a decline in patient volume for some health care services at the Boston hospital.
Green Mountain falls as Starbucks plans to sell rival brewer Green Mountain Coffee Roasters Inc., facing an increasing number of rivals for its Keurig coffee machines, declined the most in almost four months after Starbucks Corp. announced plans to start selling a single-cup coffee system. Shares of Green Mountain were down about 15 percent to $52.78 in early afternoon trading in New York, after earlier dropping as much as 17 percent for the biggest intraday decline since Nov. 10. The shares had gained 39 percent this year before today.
Rive Technology appoints new CEO Rive Technology, a Cambridge company focused on processes used by the refining, chemicals, and biofuels industries, said Friday that David C. Aldous is its new chief executive. Aldous will succeed founding chief executive Lawrence Evans as part of “a long-planned succession strategy” as Rive enters the commercialization phase, the company said in a press release. Evans will continue to serve on the company’s board of directors as non-executive chairman.
March Madness could have workers mentally out to lunch Mental absenteeism in the workplace is expected to be rampant next week as employees devote some company time to checking out the NCAA college basketball tournament otherwise known as March Madness. In an admittedly “tongue-in-cheek” study, the Chicago-based outplacement firm Challenger, Gray & Christmas Inc. estimates that employers will end up paying distracted workers about $175 million over the first two full days of the tournament.
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