BUSINESS
May 18, 2012 | Mark Arsenault and Todd Wallack, Globe Staff
In the final months of two mostly unmemorable terms in office, Rhode Island Governor Donald Carcieri boasted about his little state's big splash - stealing former Red Sox pitcher Curt Schilling and his nascent video game company from Massachusetts. "This is a risk worth taking," said Carcieri, a Republican, announcing the 2010 deal that lured Schilling's company, 38 Studios, to Providence, and put Rhode Island taxpayers on the hook for up to $75 million in guaranteed loans to an athlete who liked video games but had never developed one. "I think the governor...
NEWS
January 14, 2012 | By Beth Healy
Mitt Romney has long called himself a venture capitalist, experience he says helps him understand the economy better than other candidates for president. But he spent much more of his career in leveraged buyouts than in the investments in start-up companies known as venture capital. Romney's one true venture deal was Staples Inc., the office supply superstore, two years after he started Bain Capital. He wasn't the first to discover Staples; another Boston venture firm introduced him to Staples founder Tom Stemberg.
SPORTS
May 12, 2012 | AP Sports Writer
Looking to add depth to an outfield ravaged by injury, the Boston Red Sox have acquired Scott Podsednik from the Philadelphia Phillies for cash. The slumping Red Sox announced the move Friday night. Podsednik was hitting .203 with four RBIs and six stolen bases in 22 games at Triple-A Lehigh Valley. The speedy Podsednik, 36, last appeared in the majors in 2010 with the Royals and Dodgers. He will report to Triple-A Pawtucket. With the Milwaukee Brewers in 2004, Podsednik led the National League with 70 stolen bases.
NEWS
May 22, 2012 | By Matt Byrne, Town Correspondent, Globe Staff
The Century Bank at 102 Fellsway West was robbed about 10:15 a.m. Monday by a man police say fled before literally running into a police cruiser. By Matt Byrne, Town Correspondent A suspected bank robber was arrested Monday morning after the fleeing man ran into traffic and struck a police cruiser, tumbling over the squad car's windshield and hood before officers caught up with him, authorities said. Timothy Walton, 25, of Boston, was scheduled for arraignment Tuesday in Somerville Municipal Court on one count of unarmed...
NEWS
March 27, 2005 | Associated Press
ORONO, Maine -- A Hermon woman who lost $4,500 in cash on Wednesday thought she would never see her money again. She was wrong. By chance, a neighbor found the rubber band-wrapped wad of cash on Route 2 and turned it into police. The cash then made its way back to Cindy Stevens, who thought the money was gone forever. Stevens was on her way to deposit the money, which was to pay for a cruise she is planning to take with her husband next month. But somehow it fell out of her purse and onto Route 2 in Hermon as she drove to work.
BUSINESS
March 31, 2012 | By Kathleen Pierce
MALDEN - It was a mob hit in a cannoli shop. But cash not crooks descended on The Cannoli Guy Café here Friday at the city's first "cash mob. " The café opened at 7 a.m., and by midafternoon, owner Clark Heighton could not turn out the treats fast enough. "A fantastic, fantastic day," said Heighton, who rang in as many sales - 400 cannoli - in eight hours as he does in an entire week. "I'm trying to figure out a way to thank the city. " Customers found out about the event, organized by the city of Malden, days earlier on Facebook and Twitter, and they came out to support the...