Wednesday, January 6, 2010

Daily Business Update from the Boston Globe

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Wednesday, January 6, 2010

Mass. workers will benefit from green jobs grant
Globe Staff Massachusetts workers in Suffolk, Norfolk, and Plymouth counties will benefit from a nearly $5 million federal grant to the Utility Workers Union of America that aims to provide safety, technical, and green skills training to displaced workers, older...

Uniform maker Unifirst 1Q profit was up 25 percent
Associated Press Uniform and protective clothing maker UniFirst Corp. said today that its first quarter profit rose 25 percent as costs declined and demand for specialty garments from the nuclear power industry surged. The company, based in Wilmington, reported profit...

Who, What, Where
Mitchell Carroll, Jenny Cooper, Rachelle Dubow, and David Silvian have been elected as partners in the Boston office of Bingham McCutchen LLP, a law firm. Ken Toso has been appointed vice president of product development at T2 Biosystems Inc., a...

Alnylam Pharma gets milestone payment from Roche
Associated Press CAMBRIDGE -- Alnylam Pharmaceuticals Inc. said today that it received a milestone payment from its partner Roche AG after Roche started a study of a drug developed with Alnylam's gene-silencing technology. Alnylam did not disclose the amount of...

Mercury Computer says chairman steps down
Associated Press CHELMSFORD -- Mercury Computer Systems Inc. said today that Russell K. Johnsen has resigned form his post as chairman of the company's board. Mercury, which makes computer systems and software, said it has appointed Vincent Vitto to take...

Legal will say happy birthday with chowder
  Globe Staff Forget birthday cake. Legal Sea Foods says it wants to honor its 60th birthday with "Chowda." After all, it's National Soup Month -- or so notes a press release from the Boston-based chain of more than 30...

Egg whites and low-fat muffins? Check out Dunkin’
  Globe Staff Dunkin' Donuts wants fitness buffs to know that it's about way more than sinkers and pastry. At a time when many folks have vowed to lose weight and right-size their physiques, Dunkin' says it has some new...

CombinatoRx unveils senior management changes
Globe Staff CombinatoRx Inc., a Cambridge biotechnology company, announced changes to its senior management team to lead CombinatoRx following its recently completed merger with Neuromed. Effective immediately, Mark Corrigan, former executive vice president of research and development at Sepracor and...

Life is a high seas Carnival, Arnold ads say
Globe Staff Just as locals start yearning for vacations in tropical climes, Boston ad agency Arnold Worldwide is debuting three TV spots for client Carnival Cruise Lines, whose ships routinely ply the waters of the Bahamas, the Caribbean, the Mexican Riviera, Hawaii,...

Ensemble Discovery will collaborate with Pfizer
Globe Staff Ensemble Discovery Corp., a Cambridge company that is the exclusive licensee of Harvard University patents covering DNA-programmed chemistry, announced the initiation of a strategic alliance with drug giant Pfizer Inc. to discover and develop drug candidates. "The collaboration...

Biopharmaceutical industry is banking on Boston
New York Times News Service Companies battling for an edge in the biopharmaceutical industry have $2.3 billion in manufacturing plants in development in the Boston area to produce genetically engineered drugs. For the first time since the early 1990s, new...

Today in Globe Business
Sentiment, savings drive car buyers as clock runs out on troubled brands Jon Rosenberg has been following the declining fortunes of Saab Automobile for almost a year, as the Swedish car brand struggled to survive under the ownership of bankrupt...

Tuesday, January 5, 2010

Virgin America offers winter-spring sale
        Virgin America has just launched a winter-spring sale with nonstop flights from Boston to San Francisco or Los Angeles as low as $99 each way, and one-way service with connecting flights to Seattle, Las Vegas, San Diego, and...

Framingham man charged in alleged $29m fraud
By Steven Syre, Globe Staff A Framingham man with a taste for Las Vegas casinos was charged with fraud yesterday for allegedly bilking investors out of $29 million in a Ponzi-like scheme that has overtones of the Bernard Madoff scandal....

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