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Mass. home sales up, prices down


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boston

Published Feb. 22, 2011 at 2:20 p.m.

BOSTON -- Sales of single-family homes in Massachusetts were up in January when compared to the same month last year, good news according to two groups that track the market ...

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MBTA on track to cut costs


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boston

Published Feb. 22, 2011 at 12:00 p.m.

Ads for Starbucks or the Boston Marathon could soon appear on Charlie cards as the debt-laden MBTA looks for new, ...

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Support for Wisconsin teachers in MA


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boston

Published Feb. 22, 2011 at 3:29 a.m.

BOSTON - Hundreds are expected to turn out in support for Wisconsin teachers and other union members at the State House in Boston on Tuesday ...

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MBTA spins a stronger website


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boston

Published Feb. 22, 2011 at 12:00 a.m.
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The MBTA's website, which couldn't quite withstand the increased traffic from commuters seeking alternate routes this winter, has undergone a number of changes the transportation agency claims will make it more powerful, the Boston Globe reports.The T's website failed three times in as many weeks as frustrated commuters sought train information and alternate routes to navigate through this particularly snowy winter, the Globe ...

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Remy pitches scaled-back roof deck


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boston

Published Feb. 22, 2011 at 12:00 a.m.
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Jerry Remy will float a scaled-down proposal this week to bring rooftop dining to his eponymous Jerry Remy's Sports Bar & Grill in the Fenway area, the Boston Herald reports.Remy originally proposed 350-seat rooftop dining area, but withdrew it last year in the face of opposition from the mayor and city councilors. As the Herald reports, the proposal under review this week scales the seating down to ...

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Bay State sees January home sales spike


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boston

Published Feb. 22, 2011 at 12:00 a.m.
931827-bay-state-sees-january-home-sales-spike

Single-family home sales in Massachusetts jumped more than 5 percent in January even as median prices dropped nearly 7 percent, the Boston Business Journal reports, citing data from The Warren Group.Condo sales, on the other hand, decreased by nearly 18.5 percent, according to Warren Group ...

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Satcon picks Boston for manufacturing growth


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boston

Published Feb. 22, 2011 at 12:00 a.m.
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Satcon Technology Corp. (Nasdaq: SATC) has chosen Boston for the location of its North American manufacturing expansion, which will include the hiring of 25 manufacturing workers in the next two months, a company executive said.The Boston-based company, which produces power inverters for utility-scale solar projects, had alternatively considered expanding its facilities in California or Ontario, said Dan Gladkowski, the company’s vice president for administration.But the company has chosen its

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Satcon Technology expanding in South Boston


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jobs

Published Feb. 22, 2011 at 12:00 a.m.
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Satcon Technology Corp., a developer of solar-energy technologies, is expanding its manufacturing operations in Boston. The move will include the addition of 25 manufacturing jobs in the next two months, a company executive said.The Boston-based company, which makes power inverters for utility-scale solar projects, opted to expand locally after considering alternative sites in California and Ontario, according to Dan Gladkowski, the company’s vice president for administration. The planned

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Human Capital: People on the move, Feb. 22


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boston

Published Feb. 22, 2011 at 12:00 a.m.
933193-human-capital--people-on-the-move--feb--22

Webster Bank has promoted Paul Mollica of Abington to president of the bank’s new Boston region. Mollica is based in Webster’s office at 100 Franklin St. in Boston. He joined Webster in 2007 as senior vice president and regional manager of the commercial lending group based in the greater Boston area. Prior to joining Webster, Mollica had held various roles for Bank of America, including regional president/market executive for the Boston market and senior client manager/senior vice ...

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Bain execs net $49M in Gymboree stock


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boston

Published Feb. 22, 2011 at 12:00 a.m.
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Current and former executives of Boston-based Bain Capital Partners LLC have reeled in $49 million in stock, following the acquisition of kids clothing giant Gymboree Corp. by the Bain Capital Fund X.The executives named in a regulatory filing include Managing Directors Jordan Hitch and Joshua Bekenstein and Partner Marko Revisto. Also named in the transaction are former Managing Directors Steven Young and Robert Gay, and the former CEO of Gymboree, Matthew McCauley. The stock was acquired by

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