Thursday, September 23, 2010

Daily Business Update from the Boston Globe

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Globe Today

Thursday, September 23, 2010

Alnylam elects former Lilly researcher to board
CAMBRIDGE -- RNA drugmaker Alnylam Pharmaceuticals Inc. said it elected former Eli Lilly and Co. executive Steven Paul to its board of directors.

Vertex prices offering of $375m in notes
CAMBRIDGE -- Vertex Pharmaceuticals Inc. priced an offering of $375 million in convertible senior notes due in 2015.

A Star Market gets environmental award
A Star Market in Chestnut Hill has been cited by the Environmental Protection Agency for its efforts in reducing emissions, the chain's operator said today.

Schilling’s firm signs Providence lease
38Studios, the video game founded by former Red Sox star Curt Schilling, said it has executed a lease for office space in a building in downtown Providence.

Arnold expands digital network
Boston advertising agency Arnold Worldwide said it is beefing up its digital division with four hires as more ad dollars continue to migrate toward the Internet.

Kent of TBS will address BC CEO club
Philip I. Kent, chairman and chief executive of Turner Broadcasting System Inc., is scheduled to be the keynote speaker at the BC's Chief Executives? Club of Boston lunch Sept. 29, Boston College said today.

RI Airport Corp. chairman gets contract extension
WARWICK, R.I. -- The head of the state agency that runs T.F. Green Airport has been given a one-year contract extension.

Foreclosure petitions hit highest level in a year
Foreclosures in Massachusetts rose for the eighth straight month in August, and foreclosure petitions, the first step in the state's foreclosure process, hit their highest number in more than a year, the Warren Group said today.

Lottery launches Celtics Cash instant game
The Massachusetts State Lottery has joined with the Boston Celtics to unveil an instant game called "Celtics Cash."

Today in Globe Business
A sample of Business stories from today's Globe.

Wednesday, September 22, 2010

Gates tops annual list of wealthiest Americans
Microsoft Corp. software mogul Bill Gates is still the richest American, according to Forbes magazine.

Van Faasen elected Blue Cross chair
William C. Van Faasen, who stepped down this month as interim chief executive of Blue Cross Blue Shield of Massachusetts, has been elected chairman of the Boston-based health insurer's board.

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