Business

By - 2/22/11 - 12:07 pm

No threat to the public from the water draining from the cooling system, plant operators assure the Patriot-Ledger.

By - 2/21/11 - 5:59 pm

BostInnovation reports on a pair of guys who are readying a mobile sneaker fair for cutting-edge suburban dudes who can't bring themselves to take public transit into town for one of our high-end sneaker emporiums.

By - 2/17/11 - 9:25 am

Taylor: Photo from We Shall Not Be MovedTaylor: Photo from We Shall Not Be Moved

The loan officer told Paula Taylor she could qualify for a $259,000 mortgage despite her $20,000 yearly salary. Eager to own a home, she signed up and bought a condo in Roxbury. Despite having her sister move in to help with expenses, she couldn't keep up with the mortgage payments and lost the house in just seven months - later finding out the loan company - Countrywide Financial had listed her salary at nearly $90,000 so she could get the mortgage, and it could get the fees.

The Taylor story is one of many being tracked by We Shall Not Be Moved, an on-going media project to tell the story of the grassroots movement that is working to keep Boston-area families in their homes after foreclosure. We Shall Not Be Moved holds an opening reception on Saturday, Feb. 19, from 4-7 p.m., at the Great Hall in Codman Square.

By - 2/16/11 - 12:10 pm

Borders Books, which filed for bankruptcy protection this morning, will close its Back Bay and Wayside Commons (Burlington) stores, according to this list on the Wall Street Journal website.

By - 2/15/11 - 5:53 pm

The Boston Business Journal reports a five-company clean-technology "minicubator" will be moving from Cambridge to the South Boston waterfront.

The news is not necessarily bad for Cambridge, though: All of the five companies are "pre-revenue" and the reason they're being forced out of Boston's Left Bank is because their landlord is tearing down their building for a new biotech facility.

By - 2/14/11 - 6:52 am

The Herald reports Cambridge is developing its own benefits package to try to keep Vertex in Cambridge, rather than letting it flee to South Boston - such as municipal "financing incentives."

By - 2/13/11 - 5:26 pm

Matt Conti reports the councilor for the North End threw water on a North End Chamber of Commerce idea to stuff more tourists into the neighborhood by turning Hanover into another Charles or Newbury. LaMattina also discussed vexing Hanover issues, from double-parked trucks to selfish valets and taxis that just circle the block, at a recent residents association meeting.

By - 2/10/11 - 5:58 pm

A notice was taped in the window of the Mass. Ave. store in Harvard Square making the announcement about the store, which has two locations in Harvard Square and one in Porter Square, an alert correspondent reports.

In 2009, the two Slate brothers announced they would try to sell the store started by their father, Robert, more than 75 years ago. Apparently, they were unable to find a buyer, and now the leases on their Harvard Square stores are expiring soon.

By - 2/9/11 - 10:47 pm

MyDemoulas.com is done by a Market Basket fan, who apparently grew frustrated at the chain's lack of a proper Web site.

Via Supermarket News via Lin Dolin.

By - 2/9/11 - 6:34 am

The Herald reports on Menino's opening public salvo in negotiations with Wal-Mart over opening stores within city limits.

Compare to New York, where the megachain has launched a marketing campaign against the city council, which opposes it.

By - 2/6/11 - 9:26 am

No meat

There's something sad about a supermarket that's shutting down forever. We visited the Hi-Lo in Jamaica Plain yesterday, picking over what was left amid the half-empty shelves along with some other shoppers. We paid for our frying pan (30% off), Hershey's kisses, seltzer and pineapple soda at a register with a sign reading "WHOSE FOOD?"

By - 2/5/11 - 1:40 pm

The Globe reports some North End business types have begun talking up the idea because they could cram in more tourists in a neighborhood that's been bustling like nobody's business since the Central Artery came down. Some residents, though, say the last thing the neighborhood needs is more tourists.

By - 2/4/11 - 11:28 am

The Boston Business Journal reports Vertex might just stay in Cambridge, either because the feds don't approve the drug on which its expansion hinges or because they accept a competing offer from Cambridge to move into new space on Binney Street.

By - 2/1/11 - 1:57 pm

The pharmaceutical giant Pfizer is looking to consolidate its two Cambridge locations into a single, more centrally-located facility. FierceBiotech reports. The company said in a release that it plans to "enhance its presence" in Cambridge, and to shift "selected resources" up from Groton. That, presumably, translates to more high-caliber biotech jobs for the Boston area.

By - 2/1/11 - 6:44 am

After a brief dalliance with cross-river love, the Cambridge City Council is back to fretting about how Boston is conspiring against their suburb. The Crimson reports some Cambridge councilors are in full dudgeon over the news that a biotech company is moving from Cambridge to South Boston:

By - 1/28/11 - 12:31 pm

The Herald reports the megachain is looking to open one OR MORE baby WalMarts (only 42,000 square feet) inside the city limits. They've already been meeting with the BRA and Mike Ross, among others, in pre-hearing meetings, but not to head off any public controversy about how they will destroy neighborhood shopping districts for miles around but to convince city officials that Bostonians would give their first born to shop at a WalMart.

Ed. wager: How much would anybody bet that their first store will be nowhere near Hyde Park?

By - 1/26/11 - 10:06 am

Frozen syrup, anyone?Frozen syrup, anyone?Our own Polar Beverages is suing Pepsi to try to make it rename a new line of frozen sludge drinks called "Polar Shock."

In a lawsuit filed yesterday in US District Court in Boston, Polar charges the name will make people think it had something to do with the stuff, which is now offered at BU's Agganis Arena.

Polar argues that, in addition to basic trademark issues, the new brand will harm Polar's reputation by unfairly associating it with slush laden with high-fructose corn syrup when, in fact, Polar is now promoting some of its products as "Fizzically Fit." In the complaint, Polar notes it sponsored the "Fizzically Fit Summer Tour of 2010," featuring Ayla Brown:

By - 1/24/11 - 9:26 pm

The Boston Business Journal reports on a win for the Innovation District - Vertex Pharmaceuticals will move to Fan Pier in a couple years so it can consolidate what are now scattered departments into a two adjacent buildings.

By - 1/22/11 - 11:42 pm

Jo dishes on the Publishers Clearing House-like way Google descended on her house with two cameramen, a sound guy, two producers and a technician to install the boatload of networking and computer stuff she's getting for a year to go along with the $100,000 Google Adwords campaign she's getting as one of five small business owners across the country. Oh, and a consultant to show her how to save energy on all that equipment.