Tuesday, October 12, 2010 UMass Memorial Health Care to cut 350 jobs
Strained by flat patient volume and pressure from health insurers, UMass Memorial Health Care told employees today that it will eliminate about 350 jobs, nearly 2.6 percent of its 13,700-person workforce, in the state's largest hospital cutback this year. Nike to replace Reebok as NFL uniform provider
CHICAGO -- Nike will become the NFL's official uniform provider in 2012 as part of an agreement involving the league and seven apparel partners. Suffolk unit tapped for Dartmouth project
Dartmouth College has selected the Berry division of Suffolk Construction to manage construction of a Visual Arts Center in downtown Hanover, N.H., Boston-based Suffolk Construction said. MassMutual gets top mark in human rights survey
Massachusetts Mutual Life Insurance Co. said it has received the highest rating of 100 percent in the annual Corporate Equality Index survey conducted by the Human Rights Campaign, for the fourth consecutive year. InfraReDx completes $21m financing
InfraReDx Inc., a privately held medical device company based in Burlington, announced the completion of a $21 million equity financing. Sepracor is now Sunovion
Sepracor Inc., the Marlborough drug company with a new owner, has officially changed its name to Sunovion Pharmaceuticals Inc. Gas prices jump 10 cents a gallon
The average price for gas in Massachusetts jumped 10 cents to $2.739 a gallon in the latest weekly AAA survey, AAA Southern New England said. JetBlue plans Hub-to-Turks & Caicos Islands flights
JetBlue Airways said that a new destination - Providenciales in the Turks & Caicos Islands - is available for bookings starting today from New York and Boston. Sonus has a new CEO
Sonus Networks Inc., a Westford company focused on IP-based network solutions, said that Raymond P. Dolan has been appointed president and chief executive, effective immediately. Houghton Mifflin launches book donation program
Houghton Mifflin Harcourt, a Boston company whose products include textbooks and learning tools, said it plans to donate three million books per year to countries throughout the world. ArQule and Daiichi Sankyo expand collaboration
ArQule Inc. and Japanese drug maker Daiichi Sankyo Co. said they are expanding their research, development and license agreement for the discovery of cancer treatments. AMSC unveils new grid connection offering
American Superconductor Corp., an energy technology company headquartered in Devens, unveiled a new offering today that combines two of the company's existing technologies to help connect renewable power to electricity grids. New England sets new records in electricity use
Despite the weak economy, electricity consumers in New England have set new records for power use. Today in Globe Business
A sample of Business stories from today's Globe. | 
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