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	ADVERTISEMENT Tuesday, May 25, 2010 EMC settles charges of overcharging US EMC Corp. has agreed to pay $87.5 million to settle charges that it illegally overcharged the government and engaged in a kickback scheme. Google promotes its Mass. economic impact Standing in a greenhouse surrounded by hanging baskets of brightly colored geraniums and impatiens, Mark Saidnawey testified yesterday about how Google Inc. has helped his 3rd generation, family-run North Cambridge garden center and gourmet food market "go from a small... Global investor confidence falls, State Street says Global investor confidence fell 11.2 points to 88.2 in May from April's revised reading of 99.4, according to an investor confidence index maintained by State Street Global Markets. FDA approves Genzyme drug Genzyme Corp. has won approval for its enzyme replacement drug Lumizyme to treat Pompe disease patients in the United States. Microsoft is expanding in Kendall Square Technology giant Microsoft Corp. said it has leased additional office space in Cambridge as it looks to consolidate its Massachusetts research-and-development operations in Kendall Square. iRobot UUV is monitoring gulf oil spill Bedford's iRobot Corp. said its Seaglider Unmanned Underwater Vehicle is being used as a platform to collect ocean data in an effort to monitor the recent Gulf of Mexico oil spill. UIL buys 3 natural gas companies in New England Utility company UIL Holdings said today that it will buy three natural gas companies in the Northeast for $885 million from Iberdrola USA, the latest in a string of deals announced this year involving utilities. Avila teams up with Clovis Oncology Clovis Oncology and Avila Therapeutics announce agreement for the development and commercialization of Avila's epidermal growth factor receptor mutant-selective inhibitor program, currently in development for the treatment of non-small cell lung cancer. Global Partners agrees to buy 190 local gas stations Waltham-based Global Partners LP said it has agreed to buy 190 Mobil branded retail gas stations in Massachusetts, Rhode Island, and New Hampshire from Exxon Mobil Corp. Lightower is buying Veroxity Lightower Fiber Networks, a Boxborough fiber network and bandwidth service provider, said it is acquiring Veroxity Technology Partners, a Westford company that provides fiber based data and Internet connectivity solutions. FDA designates Alkermes drug for priority review Waltham drug maker Alkermes Inc. announced that the supplemental New Drug Application for VIVITROL as a treatment for opioid dependence has been designated a priority review by the Food and Drug Administration. T2 Biosystems raises $15 million T2 Biosystems Inc., a Cambridge biotechnology company developing next-generation clinical diagnostic products, said it has raised about $15 million in a Series C financing. Boston Scientific gets approval for new catheter NATICK -- Medical device maker Boston Scientific said it received clearance to sell a new balloon-style catheter in the U.S. and European Union. LoJack auto-security firm names new CEO WESTWOOD - Auto-security company LoJack Corp. said Monday its CEO resigned for personal reasons and was replaced by its executive chairman. Local home sales surge by double-digit percentages Sales of Massachusetts single-family homes and condominiums had "near-record increases" in April compared to the same time last year, helped by a special home owners' tax credit, the Massachusetts Association of Realtors reported today. Monday, May 24, 2010 Pension fund chief to depart By Steven Syre, Globe Staff Michael Travaglini, who as head of the state pension fund is among the highest paid government employees in Massachusetts, plans to quit next month, citing as a reason efforts by legislators to curb the compensation... FDA fines Genzyme $175m for Allston problems Biotech drugmaker Genzyme Corp. has agreed to pay a $175 million penalty to federal regulators in connection with long-standing manufacturing problems that have already cost the company millions. MassHousing honors Cape Cod Five Cents Savings MassHousing, the state's affordable housing bank, said it recently honored Cape Cod Five Cents Savings Bank for being the agency?s top-producing lender in Barnstable County in 2009 by originating 70 home loans worth $14.1 million.