Monday, October 26, 2009

Daily Business Update from the Boston Globe

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Monday, October 26, 2009

Female CEO pay dropped more than men's
It's a tough time, comparatively speaking, to be a chief executive - and it's even harder if you're a woman. According to a study from the Corporate Library, women chief executives are more likely to pay for poor performance than...

Staples store in Roslindale gets gold LEED rating
Staples Inc., the Framingham-based retailer of office supplies, said that its Roslindale store is the chain's first in the Northeast to be awarded gold certification in Leadership Energy and Environmental Design (LEED) by the US Green Building Council. The Roslindale...

Some new movies will feature WGBH captioning
Two movie studios, Universal Pictures Home Entertainment and Sony Pictures, plan to release DVD and Blu-Ray versions of some of their latest films that include special captioning and narrative material from a unit of WGBH, a public television station headquartered...

Clark U. relocating satellite campus to Southborough
Clark University Graduate School of Management has executed a new 8,470-square-foot lease for its satellite campus at 333 Turnpike Road in Southborough, a broker involved in the transaction said. The broker is Colliers Meredith & Grew, which represented the Southborough...

FairPoint phone company files for bankruptcy
Associated Press PORTLAND, Maine -- FairPoint Communications Inc. filed for Chapter 11 bankruptcy protection today barely 18 months after becoming northern New England's dominant telecommunications company, fulfilling critics' predictions that the company wasn't up to the task. The company said...

Mass. gas prices rose 11 cents a gallon
The average price for a gallon of gas in Massachusetts rose 11 cents to $2.609 in the latest weekly survey from AAA, AAA Southern New England said. It was the second straight week of increases; in the previous survey, the...

Newspaper circulation down 10.6 percent
Associated Press The decline in US newspaper circulation is accelerating as the industry struggles with defections to the Internet and tumbling ad revenue. Figures released today by the Audit Bureau of Circulations show that average daily circulation dropped 10.6 percent...

Who, What, Where
Jeffrey A. Leerink has been appointed to the board of fellows of the Faculty of Medicine at Harvard Medical School. The announcement was made by Leerink Swann, a health-care-focused investment banking firm in Boston. Jeffrey Leerink is chief executive of...

Thermo Fisher markets heart attack test in Europe
Thermo Fisher Scientific Inc., a scientific instrument maker based in Waltham, announced the availability in Europe of its new Copeptin assay, which helps medical personnel quickly and accurately diagnose acute myocardial infarction (AMI), commonly known as a heart attack. Copeptin...

GM uses MathWorks tool to design hybrids
The MathWorks, a Natick company focused on technical computing and model-based design software, said that its products helped General Motors develop a "Two-Mode Hybrid power train control system." The Two-Mode Hybrid power train is part of GM's efforts to design...

Evergreen Solar opens European HQ in Berlin
Evergreen Solar Inc., a Marlborough company that makes solar power products with a proprietary technology, said that it has opened a new European headquarters in Berlin, increasing its presence in the German market. "Evergreen Solar began its European operations in...

RI tracking swine flu through electronic records
Associated Press PROVIDENCE -- State health officials are tracking the spread of swine flu through electronic prescription records, developing what they believe is a model that could help doctors more easily identify and respond to an outbreak of the illness....

Imperial Capital opens Boston office
Imperial Capital, a full-service investment banking firm with headquarters in Los Angeles, said it has opened a new office in Boston. The office will initially be staffed with Christopher (Chip) Mellen and Diana Knightly, who are both joining the firm,...

Today in Globe Business
Bay State heads to a jobless recovery Many of Massachusetts? key industries have begun to rebound along with the broader economy, increasing sales and production, but hiring only cautiously - if at all. That caution is contributing to what is...

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