Next week’s planned move of its human resources department into the Somerville Hospital campus will complete a major system-wide reconfiguration project for Cambridge Health Alliance, the alliance said. The alliance runs hospitals in Cambridge and Everett as well as in Somerville. The nearly two-year reconfiguration project came in the wake of state budget cuts that […]
The Massachusetts economy slowed significantly in the fourth quarter of 2010, the first time in a year that the US economy grew faster than the state’s. Gross state product in Massachusetts grew at an estimated annual rate of 1.8 percent in the fourth quarter, according to a report published today by the University of Massachusetts […]
Forget the Revolution. Long live Roma! News outlets in Italy are reporting that a group of investors with Boston ties is negotiating to buy the AS Roma soccer team. Thomas R. Di Benedetto, president of investment management firm Boston International Group and a partner at New England Sports Ventures, is reportedly the lead investor in […]
Today, Hooters of America, Inc. “HOA” announced the completion of a transaction which transfers ownership of the company from the estate of Robert H. Brooks who passed in 2006 into the hands of a consortium of private investors, including Chanticleer Holdings, Inc. (OTC Bulletin Board: CCLR) “Chanticleer”. Simultaneous with this transaction the investor group will […]
Consolidation of two commercial properties has allowed purchasers of a Minnesota shopping center to fend against a challenge by one of the center’s tenants. The shopping center is Birch Run Station in suburban St. Paul, and the challenge by the tenant—Jo-Ann Stores, Inc.—came not long after the center changed hands. The previous owner of the […]
Dogpatch plans move to Microsoft N.E.R.D. campus January 26, 2011 06:16 AM E-mail| |Comments (0)| Text size – + E-mail this article To: Invalid email address Add a personal message: Your e-mail: Invalid email address Sending your articleYour article has been sent. Globe Staff Dogpatch Labs, a sort of next-generation incubator for high tech start-ups, […]
It should be a case of happy feet for footwear buffs at the Burlington Mall. The mall said it is welcoming roughly 10 new retail tenants, and four of them sell shoes. So whether a consumer wants “on-trend” boat shoes or all-terrain vehicles for the feet, it’s a good bet that mall shoppers will be […]
Myriant Technologies Inc., a Quincy company looking to develop and manufacture bio-based chemicals for use as the chemical building blocks for polymers and plastics, announced the closing of a $60 million strategic equity investment from a petrochemical producer in Thailand. The producer is the PTT Chemical Group. Myriant said it plans to use some of […]
Nova Biomedical, a developer of blood analyzers that support the care of critically ill patients, has purchased a manufacturing facility in Billerica, said a broker involved in the transaction. The broker is Grubb & Ellis Co., which represented Nova Biomedical. A purchase price is not being disclosed. The seller was Independence Drive Limited Partnership. Plans […]
Globe Staff An investor confidence index maintained by a unit of State Street Corp. fell 3.3 points from December’s revised reading of 104.2 to 100.9 in January. The confidence reading for North American institutional investors fell to 99.5, a 3.6 point decline from the December level of 103.1, said State Street Global Markets, the investment […]
