Consumer prices unchanged in Nov.
The cost of living was unchanged last month as lower gas prices saved Americans money and offset price increases elsewhere, the government reported yesterday.
November's unchanged inflation rate followed a 0.1 percent drop for October in the Consumer Price Index.
Cisco acquires Collaborate.com
Cisco yesterday said it has acquired Boston-based Collaborate.com, a company that develops mobile tools for document sharing, task management and team communication.
Cisco said that the acquisition will allow it to build better mobile collaboration tools. Collaborate.com engineers will fold into Cisco's collaboration technology group, which includes everything from Webex to video-conferencing tools.
IRobot shares continue to soar after Google's Boston Dynamics buy
IRobot shares soared yesterday finishing up 5.4 percent to 36.71, after already gaining 6.6 percent Monday. The pure-play robotics company that makes the Roomba, which was recently upgraded, seems to be benefiting from Google's acquisition of Boston Dynamics and Amazon's drone delivery system unveiling, moves that show how valuable artificial intelligence and autonomous technology may be in coming years.
Today
- Commerce Department releases housing starts for November.
- Federal Reserve policy makers release a statement on interest rates.
- Senate Finance subcommittee hearing on retirement security.
TOMORROW
- Labor Department releases weekly jobless claims.
- National Association of Realtors releases existing home sales for November.
- Freddie Mac, the mortgage company, releases weekly mortgage rates.
- Conference Board releases leading indicators for November.
THE SHUFFLE
- Kirkland Albrecht & Fredrickson, LLC, a CPA firm in the Boston area, announced that Gena F. Badin, left, of Boston has joined the company as a member of the audit staff. Badin's responsibilities include audit engagements and the preparation of basic tax returns.
- Fenway Sports Management announced that Randall Harris has joined the organization as a sales representative. Harris will be responsible for generating sales revenue across Fenway Sports Group's portfolio of owned and operated properties.
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