Edward Tansey of Maine filed suit today in US District Court in Boston against 3Com, based in Marlborough. He alleges the $2.7-billion deal enriches 3Com executives while failing to adequately compensate shareholders.
After falling far behind other areas during the boom years, Boston has been making up lost ground during the Great Recession. That, at least, according to a new study from the Milken Institute that ranks metropolitan areas by their success at creating and sustaining jobs and economic growth, with a heavy emphasis on technology.
The recent opening of Jerusalem Trading on Poplar Street in Roslindale Square (where that African discount store used to be) ends the giant-ceramics drought that's plagued Roslindale ever since Nancy's on Belgrade Avenue shut down this past spring.
The store looks to carry a complete line of life-size and near-life-size ceramic animals, including a ceramic peacock for only $119.99, and, naturally, snarling ceramic tigers. Also in stock: Ceramic figures of 17th-century European nobility and, of course, ceramic-flower-bedecked ceramic pillars on which to display all your ceramics. Also available: Furniture, which appears to be made of non-ceramic materials, such as wood.
Comcast thinks that its customers won't notice if it increases their monthly service charge by $2, if they call it an "equipment charge" increase rather than a service charge increase. They're increasing their revenue by $358 million per year without taking on any additional costs or providing any additional services. Consumers, fight back!
Please visit http://digg.com/tech_news/Comcast_sneaks_in_rate_i... to read more and help me publicize Comcast's most recent attempt to cheat its customers.
Boston Licensing Board Chairman Daniel Pokaski said today he would oppose a request to extend the hours of a new Chinese take-out place on Harvard Avenue from midnight to 3 a.m. unless he hears support from nearby residents.
The board put off any action on a request from Unique Chinese, 145 Harvard Ave., until after a meeting next week of the Allston Civic Association. The association meets at 6 p.m. on Wednesday at the Honan Allston Library, 300 North Harvard St., and has the restaurant's hours on its agenda.
The credits have rolled for the Centre Street Blockbuster - although there's now a cheery note on the front door advising former customers to put their old movies through the slot if they don't want to hear from a collection agency.
In other Centre Street news, it's a bit of a shame the West Roxbury BPL branch couldn't have opened before cool weather after some recent renovations - because the first thing that hits you now when you enter is the smell of paint, and not in a good way.
An Illinois man says fees charged by Zipcar on top of its normal charges (such as late fees and forcing people to reserve a car for an hour if they remember later in the day they forgot something in the car) are unfair and violate Massachusetts law, so yesterday he filed suit in US District Court in Boston, seeking $5 million for himself and other Zipcar customers (and, of course, his lawyers).
Xconomy interviews Alex Rives, who's spent much of the past year hanging out in coffee shops near MIT and Harvard Medical School as he scoped out the area for investments.
The Globe asked local designers to come up with alternatives for the Filene's Hole and other vacant construction sites around town. "A vertical algae-powered bioreactor?" Sure, why not?
I am a company financial planner and I provide the resources for companies to investigate the qualities of a reverse merger with a corporate shell and grow and expand by receiving investment funding through the USA capital markets.
Well, not poor, exactly, but the local developer tells the Boston Business Journal he's tired of bearing the brunt of anger and jokes over the Filene's Memorial Hole, since that whole mess is almost entirely owned by Vornado Realty Trust and JPMorgan & Chase Co. out of New York, and his development company only has a small piece of it.
Raytheon to buy BBN, the Globe reports.
From The Warren Residential Group Blog http://www.warrenre.com/blog
Many of my clients ask my why I think Boston has held up so well compared to other large markets such as parts of California, Florida and Nevada. I always tell them that the main reason is the small amount of new supply being brought to market.
The Boston Board of Appeal holds a hearing on Sept. 1 to consider a request from Sayed Halabi to turn the long closed and increasingly depressing store across the parking lot from the Spring Street Cafe into a convenience store. The hearing starts at 10:30 a.m. in Room 801 at City Hall.
Ed. trolley note: It will certainly have enough parking in what used to be a trolley turnaround area - now used by buses for the same purpose.