Friday, October 30, 2009

Daily Business Update from the Boston Globe

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Friday, October 30, 2009

Fishermen gather in Gloucester to protest rules
Wendy Maeda/Globe Staff Photo Fishermen and their supporters protested new fishing rules outside federal fisheries headquarters in Gloucester. By the Associated Press Hundreds of fishermen from the Northeast rallied in front of the headquarters of federal fishery managers Friday,...

Idenix retains rights to hepatitis C drug
Associated Press Idenix Pharmaceuticals Inc. in Cambridge says its partner, Novartis AG, will not move ahead with its option to license a potential hepatitis C drug. The move means Idenix holds on to worldwide rights for IDX-184, the company's lead...

Varian 4Q profit rises four-fold on cost cuts
Associated Press Varian Semiconductor Equipment Associates Inc. more than quadrupled its net income for the fourth quarter, as the company offset a revenue drop with aggressive cost cuts. The chip equipment maker on Thursday reported net income of $7.6 million,...

Today in Globe Business
Bay State economy slips while nation makes a gain The Massachusetts economy continued to shrink during the third quarter of this year, the result of rising unemployment and weak consumer spending, even as the nation showed growth for the first...

Thursday, October 29, 2009

Waterfront getting new Italian restaurant
By Casey Ross, Globe Staff North End Restaurateur Nick Varano is planting his flag at Fan Pier, saying he intends to open a new Italian restaurant in Joseph Fallon's waterfront development project. Varano said today he is planning to open...

FAA finds proposed Chiofaro towers a hazard
By Casey Ross, Globe Staff Federal aviation officials have released preliminary findings that developer Don Chiofaro's proposed towers near the New England Aquarium will have to be cut in half, dropping their maximum heights to 407 feet from an initial...

Memos from P. Steven Ainsley, Janet Robinson
The following are memos to the staff of the Boston Globe and the New England Media Group by Boston Globe Publisher P. Steven Ainsley and The New York Times Co. chief executive, Janet Robinson: Memo to staff Dear Colleagues, I...

Globe publisher Ainsley to retire; Mayer promoted
By Beth Healy, Globe Staff Boston Globe Publisher P. Steven Ainsley announced today that he would retire at the end of the year. He will be succeeded by Christopher Mayer, 47, a longtime Globe executive who is currently Senior Vice...

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