Wednesday, April 6, 2011

Daily Business Update from the Boston Globe

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Wednesday, April 6, 2011

State Street CEO gets $4 million bonus
By Todd Wallack, Globe Staff State Street Corp. Chief Executive Joseph L. Hooley received $12.9 million in total compensation last year, a 7 percent drop from the year before, the financial services company reported today. Hooley's salary was a little...

Raytheon wins $177m air traffic system contract
Raytheon Co. has won a $177 million contract modification by the Federal Aviation Administration to keep supplying an automated air traffic system, under the agency's terminal automation modernization and replacement program.

Google donates $1 million to Museum of Science
Internet search and advertising giant Google Inc. is writing a $1 million check to Boston's Museum of Science, one of a series of grants totalling $12 million to seven science museums in the US and the UK.

Mass. employers more optimistic on economy
Massachusetts employers appear to be gaining confidence in the economic recovery, but a surprising number are also reporting trouble finding qualified candidates to fill job openings.

Tuesday, April 5, 2011

State pension fund up 3.3% through March
The state pension fund is up 3.3 percent this year through March, rebounding after nearly all the year's gains were wiped out earlier in the month, amid political uprisings in the Middle East and the earthquake in Japan.

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