Tuesday, May 19, 2009 Greylock will relocate its HQ to Silicon Valley Greylock Partners, a venture capital firm with offices in Waltham, said that it plans to shift its headquarters from the Boston area to Silicon Valley, where the firm has operated since the early 1980s. In a press release, Greylock... Two local TV stations plan to share a helicopter WBZ-TV (Channel 4) and WFXT-TV (Channel 25) will begin sharing a helicopter for their news coverage. The video-sharing agreement, announced this morning at staff meetings at each station, will launch June 1st. "We are going throught the worst economic... Elixir signs option agreement with Novartis Elixir Pharmaceuticals Inc. of Cambridge said that it has entered an option agreement with Swiss drug giant Novartis AG and that, separately, it has completed a $12 million equity financing led by a local venture capital firm. Elixir said... Foley Hoag unveils video newsroom Foley Hoag LLP, a Boston law firm, said it is unveiling an online "newsroom" that offers "timely industry insights in digital and print format from lawyers at the firm focused on the life sciences industry." The timing of the... Delta announces some new shuttle fares Delta Air Lines said Delta Shuttle passengers will see fares that are up to 60 percent cheaper than previous walk-up fares. The new one-way Delta Shuttle fare between New York's LaGuardia Airport and Boston's Logan International Airport is $129,... Raytheon gets $259.9 million Phalanx contract Raytheon Co., the Waltham defense contractor, said that the US Navy has awarded it a $259.9 million contract to overhaul and upgrade 57 Phalanx weapon systems along with equipment, spares, and technical support. The agreement is for 40 sea-based... Milken report: The Hub is still tops in life sciences Boston, Philadelphia, San Francisco, and their suburbs continue to be the most successful regions at sustaining value in the life sciences, according to a new report from the Milken Institute. One report finding: The life sciences industry is prepared to... Fidelity study examines women and philanthropy As they create their own wealth and continue to outlive men, women are shaping the future of philanthropy, concludes a new study from the Fidelity Charitable Gift Fund, which also found that high-income women are more likely than other donors... Who, What, Where Gopal Nagarajan has been named as vice president of worldwide customer and partner solutions and support at Aveksa Inc., a Waltham-based provider of enterprise access governance solutions. In this position, Nagarajan will be responsible for overseeing the company's worldwide service... American Express announces grant winner (Siobhan Dardinsky and son Timothy take a famous merry-go-round for a spin. File photo: Tom Herde/Globe staff) And the winner is ... the Paragon Carousel in Hull (shown above). What Paragon Carousel has won is a $100,000 grant in... Akamai to film festival buffs: Cannes do While starlets frolic and frisk and directors bet their reputations on their latest movies, Akamai Technologies Inc. says it will be playing an important behind-the-scenes role at the 2009 Cannes Film Festival. The Cambridge company, which powers rich media, dynamic... Boston Scientific launches new stent system Boston Scientific Corp., the Natick medical device maker, announced the launch of the platinum chromium TAXUS Element Paclitaxel-Eluting Coronary Stent System in select markets worldwide. Stents are thin metal tubes used to keep open arteries that have been cleared... Today in Globe Business Allstate plans return to Bay State Allstate Insurance Co., the nation's second-largest auto insurer, said it plans to reenter the Massachusetts market this fall after a 20-year absence, further evidence that the state's revamped auto insurance system is increasing competition.... Monday, May 18, 2009 Monster Worldwide agrees to $2.5 million fine Job recruiter Monster Worldwide Inc., whose former COO and president was convicted last week for a stock options backdating scheme, agreed to pay a $2.5 million fine to the Securities and Exchange Commission, the regulator said Monday. (Monster has a... Refiner Valero investing in ethanol company Qteros Ethanol company Qteros, a Marlborough ethanol company, said that refiner Valero Energy Corp. has made an undisclosed investment in the company. Qteros plans to open a pilot plant in Springfield this year. The company says its microbe breaks down plant... |
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