Monday, June 22, 2009

Daily Business Update from the Boston Globe

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Monday, June 22, 2009

Editor, five others out at Boston magazine
Boston magazine has laid off six people, including James Burnett, the magazine's editor, and is implementing a one-week unpaid furlough for current employees. Burnett declined to comment in an interview today. A release from the publication named Minnesota Monthly...

Harvard endowment executive to leave, source says
The head of domestic fixed income at Harvard University?s endowment plans to leave at the end of the month, according to a Harvard official who spoke on condition of anonymity because the university doesn?t discuss personnel matters. Marc Seidner had...

Jaffe, Cohman charged in Madoff case
Boston broker Robert M. Jaffe was charged with securities fraud today by the Securities and Exchange Commission for allegedly ignoring signs of trouble as he funneled $1 billion in client funds to convicted swindler Bernard L. Madoff. The SEC...

News makes room for Dr. Oz
This fall, WFXT-TV (Channel 25) will shift its 5 p.m. newscast to 6 p.m. to make room for the new syndicated talk show "Dr. Oz," hosted by Mehmet Oz, the frequent guest doctor on Oprah Winfrey's daytime talk show. "Dr....

Leaman named CEO of OSRAM Sylvania
Rick Leaman has been named president and CEO of OSRAM Sylvania, the lighting manufacturer headquartered in Danvers. Leaman, who will assume his new position on Oct. 1, succeeds Charlie Jerabek, who will become vice chairman. Jerabek will retain his seat...

Today in Globe Business
North End businesses go fashion forward While some retail districts are increasingly dotted with empty storefronts, the North End is seeing a burgeoning number of boutiques that sell everything from designer dresses to high-end handbags. It?s a big change for...

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