State Street Corp. said it is laying off 630 employees, or 2 percent of its work force, including 260 in Massachusetts, and sounded a cautionary note on the economy even as it reported higher profits. In speaking on a conference call with financial analysts Friday, Joseph L. Hooley, State Street’s chairman, president, and chief executive, said that the Boston financial services giant was cutting jobs to create a “leaner, more efficient, and more profitable enterprise.” Aircraft manufacturer Boeing did not choose the safest lithium-ion battery chemistry for its 787 Dreamliner, the aircraft that has been grounded because of potential risks from battery fires, a local research firm said Friday. According to Lux Research, a strategic advice and intelligence firm headquartered in Boston, the batteries in the Dreamliner use a material known as lithium cobalt oxide, or LCO, and LCO does not resist overheating as well as other alternatives. For folks looking to ward off the flu, hand sanitizer could become a highly coveted item. That’s because shipments of hand sanitizer are down by nearly 40 percent when compared with shipments in 2009, when swine flu hit the US hard, said Panjiva Inc., a firm with offices in New York and Cambridge. Panjiva uses technology developed by a team led by an MIT professor to analyze bills of lading from ships bringing goods to the United States. Linear Retail Properties LLC, a Burlington-based company that owns and operates retail properties in New England, said it has purchased of Salem Park Plaza in Salem, N.H., for $8 million. Salem Park Plaza is a 37,933 square foot shopping center anchored by Barnes & Noble. Other tenants include Pier 1 Imports, Jos. A. Bank, T-Mobile, Findeisen’s Ice Cream, and an enclosed Bank of America ATM. With the purchase, Linear said that its portfolio is now made up of 67 retail properties. TA Associates, a private equity firm with offices in Boston, said that Hong Kong-based SpeedCast Ltd. has completed a buyout of Elektrikom Satellite Services, a Dutch company that provides maritime satellite communications services. TA is the majority shareholder of SpeedCast, a provider of global network and satellite communications services. “The combination of Elektrikom and SpeedCast’s maritime business unit will form one of the top maritime satellite communications service providers in the world,” SpeedCast said. A record-high 29.3 million passengers traveled through Logan International Airport last year, a 1.4 percent increase over the previous high, set in 2011, the Massachusetts Port Authority reported Thursday. Massport, which runs Logan, celebrated the record in late December when it recognized a geologist from Maine as the 29 millionth traveler to pass through the airport last year. PROVIDENCE — Former Boston Red Sox pitcher Curt Schilling — whose video game company underwent a spectacular collapse into bankruptcy last year — is selling the blood-stained sock he wore during the 2004 World Series. Chris Ivy, director of sports for Texas-based Heritage Auctions, says online bidding begins around Feb. 4. Live bidding will take place Feb. 23. The sock previously had been on loan to the National Baseball Hall of Fame and Museum. | 
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