At Boston, Massachusetts: as of 5:54 AM
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(Alison King, NECN) - John McCain confidently accepted the Republican nomination for president last night and predicted victory in November. McCain knows that the Obama camp is trying to closely link him with the Bush Administration, so he made clear...
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(Scot Yount, NECN: Boston, MA) - John McCain accepted his party's nomination Thursday at the Republican National Convention. Those who watched at Doyle's Pub in Jamaica Plain had differing views of the speech. Most of the people asked, said they were...
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GONAIVES, Haiti (AP) - Haiti's government says the death toll from Tropical Storm Hanna has more than doubled to 137, with most of the deaths coming in the flooded port city of Gonaives. The Ministry of the Interior and the Civil Protection...
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Russia: No reaction to U.S. ships in Black Sea
MOSCOW (AP) - The Russian Foreign Ministry says Russia plans no military actions in response to the increased......read more
BUSINESS: A different kind of summer internship
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15 weeks 6 days 11 hours ago
A different kind of summer internship


(Peter Howe, NECN) - Five Boston-area students will be taking over a Midwest industrial company for their summer internship.

NECN's Peter Howe explains.

Script:

Meet the interns. They are working this summer for an industrial processing company in Illinois...as the CEO.

Gabe, a Junior at Olin, and his four friends from Babson and Harvard will take over June 7th running 300 Below Inc. It is a multi-million dollar company in Decatur, Illinois with a dozen employees. 300 Below specializes in something called cryogenic processing, burnishing metals in extremely cold liquids, as in, 300 below.

The technology can be used for Indy 500 race cars, golf clubs, military weapons and optics. The CEO interns are convinced there are all sorts of new markets for 300 Below to tap.

How are they getting to run the company? Well, it was founded by the dad of their friend Prescott Paulin, a Babson Senior, who is joining the Marine Corps. Pete Paulin is agreeing to just be Chairman for the summer.

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