Friday, July 31, 2009

Breaking Sports Alert: Red Sox trade LaRoche to Braves for Kotchman

A baseball source confirmed to the Globe's Tony Massarotti that the Red Sox have traded Adam LaRoche (and about $1 million in cash) to the Braves for Casey Kotchman.
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Breaking Sports Alert: Red Sox get Victor Martinez from Indians

The Globe's Tony Massarotti confirms that, according to a baseball source, the Red Sox have traded Justin Masterson, Nick Hagadone and Bryan Price to the Indians for Victor Martinez.
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Friday, July 31, 2009

Genzyme gets FDA notice and its stock falls
(File photo of Genzyme's Allston plant: Jonathan Wiggs/Globe Staff) By Chris Reidy, Globe Staff Genzyme Corp., the Cambridge biotechnology company, said that the US Food and Drug Administration informed the company late Thursday that it will re-inspect the company's...

Obama backs quick action to fix depleted car fund
Associated Press WASHINGTON - President Barack Obama praised members of Congress from both parties for rushing to pump new money into a popular cash-purchase program that is running out of money. Obama spoke Friday as the House passed the measure...

Gates chooses Sam Adams & Hub brewer is thrilled
By Chris Reidy, Globe Staff Shares for the Boston Beer Co. were up 53 cents in mid-day trading to $31.22, but it's hard to say whether the lift had anything to do with the surprise appearance of the company's Samuel...

Mass. shoppers scramble to beat tax deadline
(File photo: Elise Amendola/AP) By Jenn Abelson, Globe Staff Need stuff? Get it before midnight. Tomorrow Massachusetts raises the sales tax to 6.25 percent from 5 percent. Thirsty? Lawmakers have also decided to start taxing alcohol sold in package...

House Republicans won't block clunker bill
Reuters WASHINGTON - Republicans in the US House of Representatives will not try to block passage of a possible $2 billion extension of the "cash-for-clunkers" program, a House Republican leadership aide said Friday. While many Republicans likely will end up...

Report: Mass economy is set to grow weakly
By Robert Gavin, Globe Staff The Massachusetts economy is poised to grow weakly in the second half of the year after the pace of decline slowed sharply in the second quarter, the University of Massachusetts reported today. The state economy...

H&M is ready to unveil its fashions in Dedham
(File photo of Madonna: Handout) By Chris Reidy, Globe Staff Hennes & Mauritz, better known as H&M, said it will open a store in Dedham on Aug. 15 at noon. The retailer prides itself on being au courant with...

Raytheon announces missile test result
By Chris Reidy, Globe Staff Raytheon Co., the Waltham-based defense contractor, said a company Standard Missile-3 destroyed a short-range ballistic missile target in space July 30. "The test marked the 15th hit-to-kill intercept for SM-3 and the 19th missile intercept...

Antigenics sells $10m stock in private placement
Associated Press Lexington biotechnology company Antigenics Inc. said in a press release that it sold 5 million shares of stock at $2 per share in a private placement for proceeds of $10 million. The company said the buyer of the...

Coen is permanent head of Dunkin' franchisee group
By Chris Reidy, Globe Staff The board of directors of the Dunkin? Donuts?Independent Franchise Owners has officially named Jim Coen president of the organization, elevating him from interim to full-time status. The announcement was made in an article that appeared...

Miles will take on new duties at Staples
By Chris Reidy, Globe Staff Staples Inc., the office-supply retailer that had roughly $23 billion in sales last year, said that president and chief operating officer Mike Miles (left) will assume responsibilities for Staples International, effective Sept. 1. "Miles takes...

Today in Globe Business
'Cash for clunkers' goes in for repairs The government could suspend its popular ?cash for clunkers?? program today, amid concerns it may have already exhausted $1 billion in rebates for new car purchases a week after kicking off the promotion,...

Thursday, July 30, 2009

Bay State Banner says it will resume publication
By Megan Woolhouse and Chris Reidy, Globe Staff The Bay State Banner, the newspaper that has been bringing news to Boston's African-American community for more than four decades, is saying on its website that it will "return - both on...

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