Tuesday, August 3, 2010 Akibia names new chief executive Akibia, a Westborough-based provider of data center, network, and security solutions, announced that Thomas Tucker, previously president and chief financial officer, has been named chief executive. Houghton Mifflin offers some back-to-school tips Houghton Mifflin Harcourt, a Boston company known for text books, offers some back-to-school advice to parents of school-age children. Baltimore medical center turns to eClinicalWorks eClinicalWorks, a Westborough company focused on ambulatory clinical systems, said that Greater Baltimore Medical Center has decided to use eClinicalWorks unified electronic medical records and practice management products. American Tower posts jump in 2Q earnings BOSTON -- American Tower Corp. reported a 77 percent jump in net income Tuesday on growing revenue from the cell phone towers the company rents out and manages. NYC firm buys Logan airmall parent company A New York City investment firm has bought the company that runs the Airmall at Pittsburgh International Airport and airmalls at Boston Logan, Baltimore/Washington International, and Cleveland Hopkins International airports. Golf event generated $61m in spending, report says The Deutsche Bank Championship PGA TOUR, which took place last September in Norton, generated more than $61 million in spending for the local economy, according to a report by the Greater Boston Convention & Visitors Bureau. Local consumer confidence plunges Consumer confidence in Massachusetts last month plunged to its lowest level since last fall as households remain worried about jobs and the strength of the economic recovery, a Boston research and consulting firm reported. Trotsky tapped to head state pension fund board The state pension fund board named Michael Trotsky as its new executive director. He replaces Michael Travaglini, who ran the fund for six years before he resigned June 11 to work for a Chicago hedge fund. Mass. business confidence falls A Massachusetts business confidence index dropped 5.2 points in July as it posted a 48.5 reading on a 100-point scale. IT spending rose in first half of 2010 Spending on information technology, or IT, beat expectations in the first half of the year, but a possible double-dip recession could slow momentum, according to a report from IDC, a global market intelligence firm headquartered in Framingham. PerkinElmer buys Bedford company PerkinElmer Inc., a Waltham life sciences company, said it has acquired VisEn Medical, Inc., a Bedford-based molecular imaging technology company. Local pending home sales fall for 3rd straight month The number of single-family homes put under agreement in July fell 18 percent from July 2009, the 3rd straight month of year-to-year declines. The recent expiration of a temporary home owners tax credit seemed to slow the momentum of the market. Today in Globe Business A sample of Business stories from today's Globe. Monday, August 2, 2010 Genzyme, Sanofi-Aventis in acquisition talks By Robert Weisman, Globe staff Executives at Genzyme Corp. and French drugmaker Sanofi-Aventis SA are locked in negotiations after Sanofi offered to buy the pioneering Cambridge firm that helped turn the Massachusetts biotechnology industry into a global player. The parties... Tufts Health Plan, state settle on insurance rates Massachusetts insurance regulators yesterday struck a deal with Tufts Health Plan to limit an upcoming rate increase for individuals and small businesses, the third major health insurer to reach a settlement with the state to resolve a four-month legal dispute. Landmark Mass. auto-repair bill fails to pass A bill that supporters say would allow Massachusetts consumers to get their vehicles fixed at a wider range of locations has failed to gain final approval in the Legislature. |
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