Tuesday, December 15, 2009

Daily Business Update from the Boston Globe

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Tuesday, December 15, 2009

Program on track to bring locals energy savings
Globe Staff A company that is part of a City of Boston weatherization program is now projecting that homes participating in the program are on track to save an average of $200 to $300 per household in annual energy savings....

Millennium to develop drug with Seattle Genetics
By Robert Weisman, Globe Staff Millennium Pharmaceuticals of Cambridge, a division of Japan's Takeda Pharmaceutical Co., said today it will develop and market a lymphoma drug with Seattle Genetics Inc. Under the agreement, Millennium, which manages Takeda's oncology drug development,...

Who, What, Where
Chanchal Samanta (shown at right in a company photo) will serve as chief technology officer for PlumChoice, a Billerica company that provides remote technical services. Samanta's post is a newly created position. Samanta has held senior research-and-development and product development...

Staples extends holiday hours for many stores
Globe Staff Staples Inc., the Framingham-based retailer of office supplies, said that many of its stores will be opening early this weekend and and staying open until 10:00 p.m. during much of the week leading up to Christmas. Hours can...

Give your chicken dinner an extreme "shakeover"
Globe Staff Shake 'N Bake, the Kraft Foods brand, looks to remind consumers that its mixes can transform a chicken dinner from "drab to fab" by placing ads in 17 Boston-area shopping malls "during the fashion-conscious holiday shopping season," Kraft...

Boston-Power hopes to electrify Saabs
Globe Staff Boston-Power Inc., a Westborough company specializing in lithium-ion batteries, said it is part of a coalition that plans to build 100 zero-emissions versions of the Saab 9-3 model next year. The coalition includes companies from the automotive...

Finagle unveils slider mini bagels
Globe Staff Finagle a Bagel, the Newton restaurant chain, said it is adding something called "Bagel Sliders" to its menu. The sliders are miniature versions of the chain's plain bagels. Sliders are 1.25 ounces each, the company said. According to...

AMSC promotes McGahn to president
Globe Staff American Superconductor Corp., a global power technologies company headquartered in Devens, said that Daniel P. McGahn has been promoted to the position of president and chief operating officer. In this role, McGahn, shown at right in a company...

JetBlue will offer Hub-San Jose flights
Globe Staff JetBlue Airways said it will add a 34th nonstop destination from Boston's Logan International Airport, with new daily nonstop service to San Jose, beginning May 13. "JetBlue?s new route connecting two of America?s key technology centers will be...

Generex trades higher on positive vaccine results
Associated Press WORCESTER -- Biotech drugmaker Generex Biotechnology Corp. yesterday reported positive results for a mid-stage study of its experimental cancer vaccine. The company said data after 13 months showed only half of breast cancer patients who received the company's vaccine...

Today in Globe Business
Holiday returns can carry a hefty price Before unpacking that new netbook computer or digital camera this holiday season, make sure you really want to keep it. There could be a price to pay just for opening the box. A...

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