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 […]
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 […]
U.S. commercial property prices are recovering and “substantially” off the bottom after more than a year of decline, said Steven Roth, chairman of Vornado Realty Trust. Hotels and multifamily properties are leading the rebound, with South American investors purchasing condominiums in Miami, according to Barry Sternlicht, chairman of Starwood Capital Group LLC in Greenwich, Connecticut. […]
Massachusetts construction firms say the public sector offers the best growth opportunities for their businesses, although two consecutive years of hardship have left many hesitant to add workers or invest in new equipment. That’s according to a new study by the Associated General Contractors of America, a Virginia-based industry group boasting some 33,000 member firms […]
Drug maker Vertex Pharmaceuticals will relocate to two new buildings on Fan Pier in Boston’s seaport district, the first big trophy in Mayor Thomas M. Menino’s effort to transform the city’s waterfront into an Innovation District filled with technology companies, academic institutions, and medical firms. Vertex has signed a letter of intent to move its […]
