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Mon. Oct. 15, 2012 NxStage Medical officially opens new headquarters in Lawrence NxStage Medical Inc., a manufacturer of dialysis products, officially opened its new headquarters in Lawrence Monday morning. The new 137,000-square-foot facility replaces the company’s previous 58,000 square foot Lawrence facility. The new headquarters houses NxStage’s corporate offices, which include over 300 employees within the research and development, sales and marketing, customer and technical support departments, among other functions. The new headquarters is large enough to accommodate future growth.	Advertisement
Healthrageous raises $6.5m in Series B financing Healthrageous Inc., a Boston-based company provides people with digital tools to better manage their health, said Monday that it has received $6.5 million in Series B financing from North Bridge Venture Partners, Egan-Managed Capital, Long River, and an undisclosed investor. This latest round brings the company’s total financing to $15 million since 2010. One way that Healthrageous looks to make money is from health plans that have an incentive to keep their members healthy.
AAA: Massachusetts gas prices drop 5 cents a gallon The average price for gas in Massachusetts is $3.839 a gallon in the latest weekly survey from AAA, down 5 cents from the previous week’s average, AAA Southern New England said Monday. The current national average is $3.78 a gallon, AAA Southern New England said. A year ago at this time, the the Massachusetts average price was $3.42, AAA Southern New England said. AAA’s weekly surveys focus on self-serve, regular unleaded gas.
New report sees hiring slowdown in Q3 at Boston’s Internet and digital media companies John Barrett of the executive search firm Cook Associates scours LinkedIn every quarter to understand the hiring trends at Internet and digital media companies in Boston and New York. The news wasn’t good in the third quarter: only 260 net new jobs were created among the 152 companies he tracks. That’s just a 1.9 percent increase over where things were at the start of the quarter. Growth was stronger in Q1 and Q2: 8 percent and 3.2 percent, respectively.
Harvard professor Alvin Roth is one of two Americans to win Nobel economics prize Two American scholars were awarded the Nobel economics prize on Monday for studies on the match-making that takes place when doctors are coupled up with hospitals, students with schools, and human organs with transplant recipients. The work of Alvin Roth and Lloyd Shapley has sparked a ‘‘flourishing field of research,” the Royal Swedish Academy of Sciences said. Roth, 60, is a professor at Harvard University and Harvard Business School. Right now he is a visiting professor at Stanford University. Shapley, 89, is a professor emeritus at University of California Los Angeles.
Newburyport Brewing Co. raises capital for new brewery The Newburyport Brewing Co. announced Monday that it has raised $1 million to help build a small brewery in Newburyport. The plan is to begin marketing several varieties of beers early next year, including Newburyport Pale Ale, Plum Island Belgian White, and Green Head IPA. The facility will be outfitted with a three-vessel, 20-barrel brew house and tank farm, an automated can and keg packaging lines. a cold storage area, and a 2,000 square foot tasting room with music stage, seating, and bar.
Bumper pumpkin crop seen in W. Mass WESTHAMPTON — There’s pumpkins aplenty in Western Massachusetts, as a summer dry spell was followed by rains that boosted the crop for local growers. Leo Aloisi, owner of Hanging Mountain Farm in Westhampton, tells the Republican that a generally dry early part of the season was followed by rains in August that allowed the pumpkins to grow. And he said when more rain came in September, he’d already started picking, so it wasn’t a problem.
BCG research: US skills gap in manufacturing isn’t as bad as feared A shortage of US manufacturing skills isn’t as bad as feared, according to new research by The Boston Consulting Group. BCG estimates that the U.S. is short some 80,000 to 100,000 highly skilled manufacturing workers, which works out to less than 1 percent of the nation’s 11.5 million manufacturing workers. And in many cases, the skill shortages are localized.
Congressman Ed Markey seeks investigation of high gasoline prices US Representative Edward J. Markey, citing falling crude oil but stubbornly high fuel prices, is calling on the Federal Trade Commission to investigate whether oil companies and refiners are manipulating gasoline prices in New England. In a letter sent to the Commission on Friday, the Malden Democrat noted that benchmark West Texas Intermediate crude oil prices have fallen 7 percent since mid-September, But the average gas price in Massachusetts has risen 8 cents over the last month.
Chao family donates $40 million to Harvard Business School The Harvard Business School is significantly expanding its mission of training current business leaders with the addition of a second executive education center, funded by a $40 million gift from the family of former US Labor Secretary, Elaine L. Chao.
TD Bank data breach affects 267,000 customers, including 73,000 in Massachusetts TD Bank misplaced computer back-up tapes containing personal information for 267,000 customers, including 73,000 in Massachusetts, the Massachusetts attorney general’s office said Friday. The bank told customers that two tapes disappeared in transit while being shipped to one of its location in March. The company has not been able to find the tapes. The tapes were unencrypted and contained extensive customer information, including Social Security numbers and bank account numbers, the bank told the attorney general’s office.
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