Thursday, August 6, 2009 MFS to hire up to 100 people, half overseas
Reuters Boston money manager MFS Investment Management plans to hire up to 100 more people and beef up overseas offices, chief executive Robert Manning said Thursday. Boosted by an infusion of up to $50 million from Canadian parent Sun Life... National Grid applies for federal stimulus money
By Chris Reidy, Globe Staff National Grid, a large utility with operations in Waltham, said it has applied to the US Department of Energy for $200 million in stimulus funding to develop an "end-to-end" smart grid deployment that will include... Does lobbying always pay?
Yesterday's big news was that A123Systems of Watertown was awarded $249 million in federal stimulus money to build factories in Michigan to make lithium-ion car batteries. Almost equally newsworthy in Massachusetts was the fact that another local company, Boston-Power Inc.... Megabus will offer more $1 seats this fall
By Paul S. Makishima, Globe Staff Megabus, which guarantees at least one $1 seat per bus trip, says that it will free up an additional 50,000 $1 seats for travel Sept. 14 to Nov. 19. What does that mean to... SJC approves overhaul of small-claims court rules
By Beth Healy and Michael Rezendes, Globe Staff The Massachusetts Supreme Judicial Court has approved a sweeping overhaul of the rules in small-claims courts, to protect consumers and to place greater restraints on aggressive debt collectors known for bullying debtors,... Greater Impella sales lead to smaller Abiomed loss
Associated Press Heart device maker Abiomed Inc. reported a smaller fiscal first-quarter loss Thursday, as the company said sales of its Impella systems increased. For the quarter ended June 30, Danvers-based Abiomed said it lost $7.8 million, or 21 cents... Elan files suit against Biogen Idec
Reuters Irish drug maker Elan Corp. PLC said that it has filed suit against Biogen Idec Inc. in a bid to block Cambridge-based Biogen Idec from sabotaging a $1.5 billion deal between Elan and Johnson & Johnson Elan said it... Connelly Partners buys Mindfire Interactive
By Chris Reidy, Globe Staff Connelly Partners, a Boston ad agency that creates ads for such clients as the Massachusetts Office of Travel and Tourism, Papa Gino?s, and BJ?s Wholesale Club, said it has acquired another agency, Mindfire Interactive, for... TJX says July sales beat its expectations
By Chris Reidy, Globe Staff TJX Cos., the Framingham retailer that operates such chains as T.J. Maxx, Marshalls, and HomeGoods, said that July sales were $1.42 billion, up 5 percent from July 2008. Same-store sales - or sales at stores... BJ's sales fell 6.3 percent in July
By Chris Reidy, Globe Staff BJ?s Wholesale Club Inc., the Natick-based retail chain, reported that sales for July fell by 6.3 percent to $722.5 million from $771.3 million in July 2008. At stores open at least a year, July 2009... Global Partners agrees to buy 3 terminal facilities
By Chris Reidy, Globe Staff Global Partners LP, a Waltham-based wholesale supplier of refined petroleum products in the Northeast, said in a press release that it has agreed to buy three terminal facilities from Warex Terminals Corp. for $47.5 million.... Alnylam, Tekmira announce research collaboration
By Chris Reidy, Globe Staff Alnylam Pharmaceuticals Inc. and Tekmira Pharmaceuticals Corp. of Canada said that they will jointly participate in a new research collaboration focused on the discovery of novel cationic lipids and lipid nanoparticles for the systemic delivery... Cardioxyl Pharmaceuticals taps LaVoie Group
By Chris Reidy, Globe Staff LaVoie Group, a Salem agency focused strategic communications for life sciences clients, agency, said that it has been selected by Cardioxyl Pharmaceuticals to be its public relations agency of record. The lead drug candidate of... AAA will book Patriots road trips for football fans
By Chris Reidy, Globe Staff The New England Patriots and the travel division of AAA Southern New England said they are teaming up to offer football fans the chance to attend any 2009 away game through a new Patriots Fan... Today in Globe Business
Cuts in legal aid hit poorest A dramatic drop in funding is forcing legal aid programs across Massachusetts to lay off lawyers, cut back their office hours, and turn away a growing number of people who cannot afford to pay... Wednesday, August 5, 2009 State pension fund bouncing back
By Todd Wallack, Globe Staff After suffering its worst year in history, the state's public pension fund bounced back in July, with a 4 percent gain that boosted its balance to $39.8 billion. "July was the best single month we've... Analogic cuts workforce by 6 percent, or 85 jobs
By Chris Reidy, Globe Staff Analogic Corp., a Peabody company focused on medical imaging and aviation security technology, said that it has reduced its workforce by 6 percent worldwide and has vacated a portion of its facility in Canton. The... | 
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