Monday, January 4, 2010

Daily Business Update from the Boston Globe

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Monday, January 4, 2010

EMC buys Kansas software maker
Associated PressData storage company EMC Corp. said today it agreed to acquire Archer Technologies, a privately held governance, risk and compliance software maker, for an undisclosed amount. EMC, which is based in Hopkinton, said it expects the deal to close...

JetBlue offers deals to Baltimore and Buffalo
  JetBlue Airways has just announced a winter sale with fares from Boston as low as $39 each way to Baltimore and Buffalo, N.Y. Tickets must be purchased before Jan. 14, and travel must be completed by March 24. While...

Filene's Basement wants return to original store
The stalled construction site at the former Filene's building in Downtown Crossing. Wendy Maeda/Globe Staff.By Casey Ross and Jenn Abelson, Globe Staff Despite doubts raised by Mayor Thomas M. Menino, Filene's Basement today said it is still hoping to...

Bridgewater Savings absorbs East Bridgewater Savings
Bridgewater Savings Bank completed its merger with East Bridgewater Savings Bank on Jan. 1, the bank said. As part of the agreement, Bridgewater Savings Bank will absorb East Bridgewater Savings Bank's operations this year. East Bridgewater bank accounts are slated...

Moynihan in Raleigh for debut as Bank of America head
On his first day as chief executive of Bank of America Corp., Wellesley resident Brian T. Moynihan said the worst of the recession is over, Bloomberg News is reporting.Moynihan, 50, said, ?The worst is behind us in the sense of credit....

Today in Globe Business
Biotech start-ups thrive with castoff equipment In a laboratory at Marine Industrial Park in Boston, a wall of stickers reads like an impromptu scorecard of the incessant churn of biotechnology companies. Peeled from equipment now in use at the start-up...

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