Title: Morning Buzz RSS Feed
Description: Morning Buzz
Dunkin' Donuts chain getting a big makeover with new remodeling effort
Dunkin? Donuts fans are probably noticing some changes to the menu these days, with the arrival of chicken sandwiches and bacon and egg served on a glazed doughnut. But many consumers are also noticing that more dramatic changes under way, changes that are aimed at altering the entire look of the chain. Parent company Dunkin? Brands (NASDAQ: DNKN) unveiled its new store remodeling strategy this week: New stores that opened after April 1 will have to be built with the new format, and franchisees?
Danish pension fund lines up for $200 million loan to Cape Wind
Is the fact that a big Danish pension fund is considering a loan of $200 million to Cape Wind great news for the long-delayed wind farm? Well, it depends on who you ask. Cape Wind Associates President Jim Gordon called the tentative commitment from PensionDanmark an important milestone in the Cape Wind project. But Audra Parker, CEO of Cape Wind opposition group Alliance to Protect Nantucket Sound, was quick to point out that this represents less than 10 percent of the project?s total cost,?
New Balance launches new ad campaign to focus on its U.S. manufacturing heritage
Boston-based New Balance is featuring a new Made in USA global campaign this month to celebrate American workers. The company has stated that a quarter of their footwear sold in the U.S. is made here, in one in five New England manufacturing facilities that employ a total of 1,300 factory workers. The campaign, ?America is for the Makers,? celebrates American craftsmanship and New Balance?s 75-year history of domestic manufacturing. New Balance will begin the campaign with print and digital?
Former Obama appointee Donald Berwick to run for governor
Donald Berwick, the Boston-area pediatrician who rose to national prominence as the Obama administration?s point man on Medicare and Medicaid, has thrown his name into the 2014 Massachusetts race for governor. According to the Springfield Republican, Berwick has already raised roughly $223,220 toward a gubernatorial bid, an amount that includes $100,000 of his own money. He already has spent $47,827 on staff and related groundwork to launch a campaign, the newspaper said. Berwick?s entry into?
Boston Pops named 'house band' for baseball's Hall of Fame event
You know you?re important when your ?house band? is none other than the Boston Pops. To celebrate its 75th anniversary, the National Baseball Hall of Fame has scheduled the Pops to play throughout its Aug. 2 celebration marking its 75th birthday. The event will be held roughly a week after the Hall?s annual induction weekend. According to the Associated Press, the Pops will play at an event at the Clark Sports Center, the site of the annual ceremony. The Hall of Fame opened June 12, 1939,?
Liberty Mutual eyes $600M debt sale, taps new exec to drive policy in Washington
Count Liberty Mutual Group of Boston among the area?s largest employers taking advantage of rock-bottom interest rates while they last. According to financial filings, the local insurance giant is preparing to float $600 million in senior, unsecured notes to refinance existing debt and raise extra capital for general operating purposes. The new issuance will have a modest effect on Liberty?s debt-to-capital ratio, which is anticipated to rise to 32 percent from 31 percent today, while having?
Gazelle looks to add 400 jobs ... in Kentucky
Kentucky economic development officials announced June 17 that Gazelle Inc., a Boston-based consumer electronics recycler, will establish a processing center in Louisville that eventually will employ 438 workers. The company also plans to invest $22.3 million in the new Louisville operation, which will be located in a 37,500-square-foot warehouse on Global Drive in Jefferson Riverport International. ?That really is something to celebrate,? Kentucky Gov. Steve Beshear said during Monday's news?
Moody's puts Rhode Island under review after slashing 38 Studios rating
Moody?s Investors Service has slashed its rating on the taxable bonds used to finance former Red Sox ace Curt Schilling?s failed gaming company, 38 Studios, in a move that could have broader implications for the credit standing of the state of Rhode Island. The ratings firm said it cut its rating on the bonds, which were guaranteed by the state to the tune of $75 million as part of an economic package to lure Schilling to Rhode Island from Massachusetts, to Baa1 from A2 and warned that further?
Rick Pitino calls Celtics failure a lesson in 'humility' (video)
Former Boston Celtics coach Rick Pitino says his failed tenure with the green wasn't a total loss. As the keynote speaker for an event among private equity executives in Kentucky earlier this month, the current University of Louisville coach said the second best event of his career ? aside from stepping down as the head coach of the University of Kentucky ? was failing as a coach with the NBA?s Boston Celtics. Pitino went on to say that his time with the Celtics taught him "humility" and?
One Fund's size and impact come into focus as marathon victims apply for help
The June 15 deadline for applications has come and gone, and so far some 247 people have requested compensation from the $51 million raised so far by the One Fund for victims of the Boston Marathon bombings. According to Camille Biros, One Fund?s deputy administrator, more applications are expected as new mail deliveries are received in the days ahead. She said applications must be post marked June 15 or earlier to qualify for consideration. As it stands, the fund?s current assets would equate?