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Thu. May. 10, 2012 BioShock game delay called smart move Fans may be frustrated, but analysts said Irrational Games of Quincy made the right decision when it delayed until 2013 the debut of the anticipated new release in the BioShock video game franchise.	Advertisement
AVEO Pharmaceuticals is relocating to Kendall Square BioMed Realty Trust Inc., a California real estate firm that is a Kendall Square landlord, said Thursday that AVEO Pharmaceuticals Inc. has signed a 12-year lease to relocate its operations to 650 East Kendall St. in Cambridge. AVEO currently occupies space at three Cambridge addresses on Sidney and Emily streets ies companies, will enable AVEO to consolidate operations under one roof and have more room.
Cape Cod film maker convicted of fraud is sentenced to 2 to 3 years Daniel Adams, a Cape Cod filmmaker convicted of fraud for illegally obtaining $4.7 million in film tax credits, was sentenced Thursday to two to three years in state prison. His prison term will be followed by 10 years of probation, and he was ordered to pay $4.4 million in restitution under the sentence imposed by Massachusetts Superior Court Judge Carol Ball.
State Street’s chief executive says there’s budding optimism in Asia about US economic rebound State Street Corp. chief executive Jay Hooley says he discovered something surprising during his recent business travels in Asia: Budding optimism about the US economy.
EMC buys XtremIO EMC Corp., the Hopkinton-based data storage giant, said Thursday that it has acquired XtremIO, an Israeli company specializing in storage achitecture that leverages flash memory. EMC’s press release did not disclose a purchase price. In the release, EMC said XtremIO’s technology complements a range of EMC flash-based systems and software stemming from EMC’s early entry into the flash storage market.
Pay for your Boloco burrito with an iPhone LevelUp, a program that offers both rewards programs and payment applications for mobile devices, said that starting Thursday, customers of the Boloco chain of burrito restaurants can pay for their orders with iPhones and smartphones that use the Droid operating system. Based in Boston, Boloco operates 18 restaurants. LevelUp is the mobile payments product from Scvngr, a Boston company.
EnerNOC lands energy-efficiency contract with San Francisco’s utilities commission EnerNOC Inc., a Boston-based provider of energy-efficiency services and technology, announced Thursday that it will work with the city of San Francisco to help ensure that the city’s new buildings incorporate energy-efficient designs and features. The assignment stems from a new seven-year contract between EnerNOC and the San Francisco Public Utilities Commission. The first project under this agreement is San Francisco’s new Public Safety Building, a 300,000-square-foot LEED Gold facility set to open in 2014, EnerNOC said.
Jumbo Capital Management buys Framingham office building for $6.4m Jumbo Capital Management has bought a Framingham office building from Colony Realty Partners for $6.4 million, said a broker involved in the transaction. The broker is NAI Hunneman, a Boston-based commercial real estate services firm. With nearly 34,000 square feet of space, the building at 125 Newbury St. is located off Route 30. NAI Hunneman represented the seller and procured the buyer.
Lantheus Medical Imaging announces new manufacturing & supply agreements Lantheus Medical Imaging Inc., a Billerica company that develops diagnostic imaging agents, announced new manufacturing and supply agreements with Jubilant HollisterStier LLC, or JHS. According to its website, JHS is a Washington state-based company specializing in contract manufacturing services. Under separate agreements, JHS will manufacture various imaging agents developed by Lantheus Medical Imaging as its current partner transitions out of the contract manufacturing services business.
TD Bank to close Springfield call center, eliminate 200 jobs TD Bank, the fourth largest retail bank in the state, confirmed Wednesday that it plans to close a customer call center in Springfield by the end of the year, eliminating 200 jobs.
Bill aimed at preventing home foreclosures in Massachusetts moves forward in Legislature A bill meant to stop “unnecessary” foreclosures in Massachusetts cleared its first major legislative hurdle Wednesday when it gained approval from the Legislature’s Joint Committee on Financial Services. The bill, filed by Attorney General Martha Coakley, would require banks to analyze certain troubled mortgage loans and offer borrowers modifications when it makes more financial sense than foreclosure. Cosponsored by Democrats Senator Karen Spilka of Ashland and Representative Steven M. Walsh of Lynn, the bill now goes before the House Committee on Ways and Means.
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