Articles Posted in the " Local News " Category

  • Can Strategic Separation Bring Barnes & Noble One Level Up?

      Facing the high pressure from e-commerce competitor Amazon and the discount retail chain such as Wal-Mart, Barnes & Noble is working hard to shrink the loss. Its traditional bookstores and college stores have better performance than Nook e-readers, although Barnes & Noble has invested big money on its tablets that were struggling in making […]

  • Green Line Extension, Bitter or Sweet?

    President Obama released the budget of $100 million in federal fiscal year 2015 supporting the MBTA (Massachusetts Bay Transportation Authority) Green Line Extension project (GLX) which benefits the economy and environment of Somerville and Medford communities in the upcoming several years. “The Green Line Extension offers Somerville and the region both economic justice and environmental […]

  • Healthier Economy Brings Better Business Opportunities

      The Business Monitor International upgraded their 2014 real GDP growth forecast from 2.7% to 2.8% with growth set to average 2.4% per year from 2013-2018. Our economy is recovering. With a growing external trade demand from the key US trade partners, including Canada, Mexico and the United Kingdom, both the industrial and office segments […]

  • Burlington Office Park sold, plans to Expand

    Charles River Realty Investors and National Development have teamed up to purchase New England Executive Park for $216 million. NEEP is a campus comprised of 10 office buildings, located in Burlington, Massahusetts right next to the Burlington Mall off Route 128. The portfolio on these properties currently show a 14 percent vacancy rate, and investors […]

  • Local Biotech Company Goes Public

    Epizyme Inc, a Cambridge-based cancer drug company, commenced public trading last Friday. The biotech listed its initial public offering at $15 a share on the Nasdaq, under the ticker symbol “EPZM.” The rapidly-growing oncology company is offering 5.1 million shares, with the IPO expected to raise $88.8 million if all shares are sold. While only […]

  • Court rules against Keurig in Patent Dispute

    The U.S District Court in Boston came to a ruling yesterday regarding the patent infringement lawsuit filed by Rogers Family Co. against Keurig, a Reading-based manufacturer of coffee brewers that is a subsidiary of Green Mountain Coffee Roasters. Rogers Family Co, a coffee company located in California, launched the OneCup line in 2011. The OneCup […]

  • Assembly Square may be home to The New England Revolution

    Assembly Square may be home to The New England Revolution

    The New England Revolution, a professional soccer club based in Foxborough, may be moving. The owner of the club, The Kraft Group, is interested in constructing a new $100 million soccer stadium in Assembly Square, Somerville. Currently, the team plays at Gilette Stadium, which has a massive capacity of 68,756. Unfortunately for the Revolution, the […]