Israeli firm Nipendo raises $8M, will open Hub HQ

Israeli technology company Nipendo said today it has raised $8 million in a second round of funding, which it will use to scale its business operations and expand to the United States by opening its new headquarters in Boston. The funding round was...

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Brown Rudnick hires Adolfo Garcia as partner

Brown Rudnick LLP said today it has hired Adolfo R. Garcia as a partner in the law firm's corporate and capital markets department. Prior to joining Brown Rudnick, Garcia was a partner at K&L Gates. Previously, Garcia was a partner in the corporate...

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Dominion Resources to sell trio of power stations

RICHMOND, Va. — Dominion Resources Inc. said Monday that it has agreed to sell three power stations to funds controlled by the private equity firm Energy Capital Partners as part of its plan to exit the merchant coal-fired generation business. The Richmond,...

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Mass. gas prices down 3 cents per gallon

Mass. gas prices down 3 cents per gallon BOSTON — The price of a gallon of gas has fallen three cents in Massachusetts and is now in line with the national average. AAA Southern New England reports Monday that self-serve, regular has dropped to an...

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172 flights canceled in Duesseldorf airport strike

BERLIN — Scores of flights have been canceled at Duesseldorf airport after security personnel walked off the job in a one-day strike to press their demands for higher pay. By midday Monday, the dpa news agency reported 172 starts and landings of 593...

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Grain futures mostly rise, pork prices fal

Grain futures mostly rise, pork prices fal March 11, 2013 CHICAGO — Grains futures were mostly rose Monday on the Chicago Board of Trade. Wheat for May delivery rose 1 cent to $6.98 a bushel; May corn added 3.50 cents to...

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US stocks waver in midday trading

NEW YORK — U.S. stocks are flipping from slight gains to losses in midday trading. The Dow Jones industrial average was up five points to 14,402 shortly before noon on Monday. That modest climb puts the index on track for its seventh straight day of...

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Fuel tank gets wedged under plane in Philadelphia

Fuel tank gets wedged under plane in Philadelphia March 11, 2013 PHILADELPHIA — A fuel tank somehow disconnected from its trailer hitch at Philadelphia International Airport, rolled onto the taxiway and got stuck under an...

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Massachusetts gas prices drop three cents

Bay State gas prices are down another three cents this week, according to AAA Southern New England. Self-serve, regular unleaded gas is currently averaging $3.69 a gallon, the same price as the national average. Local prices are up a penny over the...

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Group of Mass. economists back tax hike

Group of Mass. economists back tax hike BOSTON — Gov. Deval Patrick's proposal to raise the state income tax rate to pay for investments in transportation and education has been endorsed by a group of more than 50 economists. The economists — who come...

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