Business

By - 12/15/10 - 4:51 pm

The City Council today approved a measure that will require the city employment commission to post searchable worker statistics on almost all large construction projects in the city.

City Councilor Mike Ross, who co-sponsored the measure with Councilor Ayanna Pressley, said the data will let residents see how many local construction jobs are going to Boston residents and how many to outsiders. The data will also include numbers on the racial and gender makeup of the workforces at construction sites.

By - 12/14/10 - 8:39 am

Xconomy reports that RelayRides, a sorta ZipCar clone that started in Cambridge and won $50,000 in a MassChallenge competition earlier this year, is moving to San Francisco, where the money is greener.

By - 12/10/10 - 11:45 am

TJX of Framingham said today it's shutting its A.J. Wright discount chain.

In a statement, TJX says some A.J. Wright stores, including the ones in Brighton, Fields Corner and Roxbury (which opened just this past August) will re-open as TJ Maxx, Marshall's or HomeGoods stores next year. But A.J. Wright stores in Somerville, Medford, Quincy, Waltham and Malden will shut forever

More than 4,000 people, about half fulltime, will lose their jobs, the company says.

By - 11/30/10 - 11:20 am

The Massachusetts Appeals Court today rejected a request from Boston-based publisher IDG for abatements on taxes for payments to one subsidiary from other subsidiaries.

IDG, which publishes technology magazines and Web sites around the world, had sought an abatement on excise taxes owed in 1992, 1993 and 1994, arguing that royalties paid by its various subsidiaries for use of the brand's "world" logo (think Computerworld and PC World, both IDG subsidiaries) to an IDG subsidiary called IDG Holdings should not be counted toward IDG's overall corporate income.

By - 11/30/10 - 10:50 am

NOTICE: The slip opinions and orders posted on this Web site are subject to formal revision and are superseded by the advance sheets and bound volumes of the Official Reports. This preliminary material will be removed from the Web site once the advance sheets of the Official Reports are published. If you find a typographical error or other formal error, please notify the Reporter of Decisions, Supreme Judicial Court, John Adams Courthouse, 1 Pemberton Square, Suite 2500, Boston, MA 02108-1750; (617) 557-1030; [email protected]

IDC RESEARCH, INC. vs. COMMISSIONER OF REVENUE.

No. 09-P-1533.

May 12, 2010. - November 30, 2010.

Taxation, Corporate excise; Abatement; Appellate Tax Board: findings; Judicial review. Administrative Law, Substantial evidence. Corporation, Subsidiary. Words, "Sham transaction document," "Substantive business activity."

APPEAL from a decision of the Appellate Tax Board.

Richard L. Jones (William E. Halmkin with him) for the taxpayer.

Christopher M. Glionna for Commissioner of Revenue.

Present: Grasso, Brown, & Kafker, JJ.

BROWN, J.

By - 11/11/10 - 1:21 pm

A few scant years after making its first forays into lower New England, Tim Horton's announced today that it is closing all of its locations in MA, RI, and CT-- 36 stores and 18 kiosks, according to the AP. Two stores in Portland are closing, though a couple of dozen other Maine locations will remain.

By - 11/11/10 - 9:17 am

Some guy in England has filed the obligatory shareholder lawsuit over Oracle's proposed $1-billion takeover of Cambridge's Art Technology Group.

In his suit, filed this week in US District Court in Boston, Thomas Granados makes the obligatory arguments about how the deal screws ATG stockholders, and company directors should be ashamed of themselves.

Complete complaint.

By - 11/10/10 - 8:47 am

Jason Evanish maps local start-ups and labs clustered around Red Line stops, from E Ink at Alewife to the UMass Venture Development Center at JFK/UMass:

By - 11/10/10 - 7:45 am

The two Cambridge institutions charge Cotendo, of Sunnyvale, CA, is violating patents they hold for speeding up delivery of content over the Internet.

In a lawsuit filed yesterday in US District Court in Boston, Akamai and MIT focus on one patent owned by MIT and licensed to Akamai and two patents owned by Akamai, which also claims that

Cotendo has utilized product descriptions and designations developed and used by Akamai in the marketplace for years, such as “Dynamic Site Acceleration” ('DSA'), in an attempt to sell services that embody Akamai's inventions.

By - 11/5/10 - 6:52 am

The Globe reports on the warehouse-like store in Newton.

By - 10/29/10 - 8:18 am

Wade Roush, who covered the local startup scene until moving to San Francisco, makes the argument: Entrepreneurial types out there often get together after work for a drink, but our boring start-up types just go home or something.

By - 10/20/10 - 6:40 am

Max Glickman of Hopewell Junction, NY yesterday filed a federal class-action lawsuit against NStar's proposed takeover by Northeast Utilities of Connecticut, charging the deal will cheat people like him out of untold amounts of money because Northeast Utilities would pay a lot more for the deal if only NStar executives and trustees weren't traitorous greedheads willing to sell shareholders out for some "personal financial benefits."

Complete complaint.

By - 10/19/10 - 6:16 am

Jane Fulton, owner of the dog hotel chased away from E. 1 St. by neighbors and city officials, will open where the neighbors won't object - because there aren't any.

By - 10/13/10 - 12:06 pm

The Globe reports Don Law, co-owner of the Paradise, wants to buy the soon to shut Harpers Ferry and rename it the Brighton Music Hall:

Law says: "I don't know if it's Allston or Brighton, but it's close enough for rock 'n' roll."

By - 10/7/10 - 10:35 am

The Globe reports the state Attorney General's office has signed off on the Archdiocese of Boston's planned sale of the six-hospital chain to a private equity firm with conditions - such as all the hospitals, including St. Elizabeth's in Brighton and Carney in Dorchester, stay open for at least three more years.

By - 10/4/10 - 11:58 am

Also worth noting: Boston Properties will pay $930 million for the Hancock, one year after it went for $660 million at a foreclosure auction.

By - 10/3/10 - 9:47 am

A former patron glumly informs us of the latest place to disappear in Jamaica Plain's Hyde Square: Velouria Espresso on Centre Street.

By - 9/28/10 - 7:27 am

The Oklahoma Law Enforcement Retirement system yesterday filed suit to try to block IBM's proposed purchase of Marlboro-based Netezza, which makes systems for storing and analyzing vast amounts of data.

The retired lawmen charge Netezza executives agreed to sell the company on the cheap and demand the company look for other potential buyers who might offer more than the $1.7 billion IBM is willing to toss stockholders' way.