Thursday, October 22, 2009 NY Times narrows loss on cost cutting
By Beth Healy, Globe Staff The New York Times Co. reported today that advertising revenue fell nearly 30 percent in the third quarter but the company had narrowed its loss with aggressive cost-cutting and higher newspaper prices. The Times Co.,... Boston Fed president calls for cooperation
By Robert Gavin, Globe Staff HARWICH ? Federal Reserve policy makers and bank regulators should work together to promote the stability of the financial system and the economy, sharing data and forecasts to identify risks, Boston Federal Reserve Bank President... Iselin will head Blue Cross foundation
Sarah Iselin has been selected to be the next president of the Blue Cross Blue Shield of Massachusetts Foundation, the foundation said. Iselin will assume her new duties in January, the foundation said. Iselin is currently the commissioner of the... Home Depot buys Westfield property for $5.8m
Campanelli Cos. said it has sold a 71.67-acre site in Westfield to Home Depot USA Inc. for nearly $5.8 million. The site will be used as Home Depot?s Northeast distribution center, Campanelli said; the site is close to both... Asking rents for local office space fell 3.2 percent
The Greater Boston office market recorded occupancy declines during the third quarter, largely because of company layoffs, and average asking rent dropped by 3.2 percent over the quarter, Jones Lang LaSalle said. That's better than several months ago when the... Baskin-Robbins touts new ice cream cone
Call it an advance in ice cream delivery systems. Baskin-Robbins, the Canton-based chain of ice cream shops, said it is now offering customers a "new Double Header ice cream cone." "The unique cone is designed to hold a swirl of... Farraher is the new president of Acme Printing
Executive vice president George Farraher has been promoted to the post of president of Acme Printing Company LLC, the Wilmington company said. "He is stepping into this role after the recent death of Fran Canzano, a member of Acme's founding... Staples offers Windows 7 promotions
Staples Inc., the Framingham-based retailer of office supplies, said it is offering a series of promotions tied to the debut of Windows 7, the new operating system from Microsoft Corp. One promotional initiative is a "$75 instant savings off of... Brigham and Women's names new president
By Robert Weisman, Globe Staff Elizabeth G. Nabel, director of the National Heart, Lung, and Blood Institute at the National Institutes of Health, will become the next president of Brigham and Women's Hospital and Faulkner Hospital in Boston, the two... Europe's Biocell Center opens Medford office
Massachusetts life sciences leaders are set to join officials from Biocell Center this morning to announce that the European company is opening it North American headquarters in Medford, the Massachusetts Life Sciences Center said. According to its website, Biocell Center... Houghton Mifflin Harcourt unveils green textbooks
Houghton Mifflin Harcourt said it gearing up to introduce the first textbook series made from 100-percent recycled material. The Boston education company said its Go Math! textbook series for grades K?5 will be available nationally in the spring of 2010.... NSTAR reports earnings
NSTAR, a Boston-based energy delivery company with 1.4 million gas and electricity customers in Massachusetts, reported earnings of $87.6 million, or $0.82 per common share, for the third quarter of 2009, compared with $85.8 million, or $0.80 per share reported... EMC 3Q profit falls 24 percent in data storage slump
Associated Press EMC Corp., the data storage giant, said profit fell 24 percent and sales fell 5 percent in the third quarter as corporations spent less on data storage. The Hopkinton company says its clients' budgets are getting better, though,... Raytheon posts 3Q profit rise missile demand
Associated Press Raytheon Co., the Waltham defense contractor, says profit for the third quarter rose on increased demand for the defense contractor's Patriot missile by foreign governments, and its soldier training programs. The company lifted its earnings outlook range for... Locals will work longer, then retire somewhere else
Fewer Massachusetts workers believe they will stop working at the traditional retirement age than their counterparts across the United States because of the higher cost of living in the Bay State, a new report from Sun Life Financial Inc. concludes.... Thermo Fisher reports earnings, narrows guidance
Thermo Fisher Scientific Inc., a large Waltham-based supplier of laboratory equipment, said its revenues fell 2 percent to $2.53 billion in its third quarter, when compared with $2.59 billion in the same quarter a year ago. Results reflected the impact... Today in Globe Business
Bailed-out firms will be ordered to slash pay WASHINGTON - Responding to the furor over executive pay at companies bailed out with taxpayer money, the Obama administration will order the firms that received the most aid to slash compensation to... Wednesday, October 21, 2009 Tech Lab: Windows 7 is Microsoft's redemption
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Associated Press GE Healthcare said it plans to expand a cancer research partnership with Eli Lilly & Co. designed to target drugs more precisely and speed clinical trials The unit of General Electric Co. also said it will set aside... Hand sanitizer could be holiday hit amid flu fears
(This chart was included with Panjiva's press release.) Shipments of hand sanitizer have more than doubled over concerns about swine flu, and one result is that hand sanitizer could be a holiday hit at a time when the recession... | 
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