Boston-Power gets $30M from China

Date: 
December 22, 2011
Publication: 
Boston Herald

The Ticker

B of A reaches $335M settlement

Bank of America Corp. will pay a record $335 million to compensate Countrywide Financial Corp. borrowers who were charged more for home loans based on race.

Boston-Power gets $30M from China

China’s GSR Ventures is investing another $30 million in Westboro battery maker Boston-Power — adding to a $125 million capital infusion GSR and the Chinese government made this fall in the firm, which is moving its headquarters to Beijing.

Mass. home sales up

Home sales rose 13 percent in November for the fifth straight month, a positive sign in the housing market that real estate trackers hope will carry over into next year.

Vineyard Vines makes NHL deal

Vineyard Vines has entered into a licensing arrangement with the National Hockey League to design and distribute a line of men’s and women’s accessories that include ties, tote bags and belts.

Forma relocates to Watertown

Forma Therapeutics, a global drug discovery company, moved its corporate headquarters from Cambridge to a bigger facility in Watertown.

TODAY

The U.S. Commerce Department releases third-quarter numbers for gross domestic product.

Newton’s Kaminario, has hired Ritu Jyoti as vice president of product management.

Original article:  http://bostonherald.com/business/general/view/2011_1222the_ticker