Wednesday, September 9, 2009 Times Co. executives meet with Globe employees
By Robert Weisman and Todd Wallack, Globe Staff Top executives from the Boston Globe's parent company told employees this morning that the newspaper is on a path to profitability as a result of pay cuts and price increases implemented over... Ambient wins smart grid contract from Duke Energy
By Chris Reidy, Globe Staff Ambient Corp. of Newton announced a long-term agreement with Duke Energy Corp. to provide communication technologies for Duke's next phase of smart grid deployment. The agreement has the potential to be worth in excess of... Raytheon gets $19.3m Navy contract for torpedoes
Associated Press Raytheon Co., the Waltham-based defense contractor, said it received a $19.3 million contract from the Navy to provide MK54 lightweight torpedo hardware to the US and Turkish navies. Under the contract, the company said its Integrated Defense Systems... Talbots 2nd-quarter loss narrows
Associated Press Women's apparel retailer Talbots Inc. of Hingham reported a fiscal second-quarter loss as consumers continued to cut back on spending amid the recession. Loss for the quarter ended Aug. 1 totaled $24.5 million, or 45 cents per share,... Tufts: Marketing exclusivity for new drugs is shorter
Marketing exclusivity periods for first-in-class drugs have fallen from a median of 10.2 years in the 1970s to 2.5 years in the early part of this decade, the Tufts Center for the Study of Drug Development said in a new... AARP issues kudos for treating older workers well
By Chris Reidy, Globe Staff The executive branch of Massachusetts state government, DentaQuest of Charlestown, Harvard University, and the Massachusetts Institute of Technology were cited as good places to work for employees age 50 or older. AARP, a nonprofit nonpartisan... Constellation Pharmaceuticals taps Harlow
By Chris Reidy, Globe Staff Constellation Pharmaceuticals Inc. announced the appointment of Edward E. Harlow Jr. as its chief scientific officer. Constellation is a Cambridge-based biopharmaceutical company dedicated to the development of novel therapeutics in the emerging field of epigenetics,... Spire makes strategic divestiture
By Chris Reidy, Globe Staff Spire Corp. said it has agreed to sell substantially all of the assets of its hemodialysis catheter business for $15 million so it can focus on in its core solar-energy business. Bedford-based Spire said in... American Superconductor forms unit to serve India
By Chris Reidy, Globe Staff American Superconductor Corp., a Devens company focused on energy technologies, said it has formed a unit called AMSC India to serve India?s rapidly growing wind energy and power grid markets. In a press release, the... Saxon Math is gaining new fans, publisher says
By Chris Reidy, Globe Staff Houghton Mifflin Harcourt, Boston-based company that publishes textbooks and educational materials for pre-K?12 schools, said its Saxon Math line is "witnessing increased interest from school administrators nationwide," partly as a result of a US Department... Syneron and Candela plan to merge
By Chris Reidy, Globe Staff Syneron Medical Ltd. of Israel said it has agreed to buy Candela Corp. of Wayland in an all stock transaction. Both firms are in the business of developing medical aesthetic devices for cosmetic procedures, a... Today in Globe Business
MetroWest ends Beth Israel affiliation plan Six months after agreeing to pursue a broad-based affiliation with Boston?s Beth Israel Deaconess Medical Center, the MetroWest Medical Center in Framingham has decided to scrap the plan. The surprise move, which wasn?t disclosed... | 
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