Monday, October 25, 2010

Daily Business Update from the Boston Globe

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Globe Today

Monday, October 25, 2010

Trimble buys ThingMagic for undisclosed sum
SUNNYVALE, Calif. -- Global positioning device maker Trimble Navigation Ltd. said today that it has bought the business of ThingMagic Inc., a Cambridge, Mass.-based developer of radio frequency identification technology.

Comcast offers TV and movie choices online
Comcast Corp. said its digital TV customers can now access much of its on-demand video library to view on their laptops.

Circulation declines slow at the Globe, other newspapers
By Johnny Diaz, Globe Staff Circulation declines at The Boston Globe, The Boston Herald, and many other newspapers around the country slowed in the six month period that ended in September. The Globe's daily circulation dropped 15.6 percent to 222,683...

Celtics unveil partnership with Sentient Jet
The Boston Celtics and Sentient Jet, a private aviation company, announced a new partnership today.

Local gas prices are up another 2 cents a gallon
The average price of gas in Massachusetts rose 2 cents from the previous week to $2.809 a gallon in the latest AAA weekly survey, AAA Southern New England said.

Alkermes addiction treatment meets study goal
Alkermes Inc. said today that its potential treatment for cocaine addiction met early-stage safety goals.

Ariad cancer drug meets midstage study goal
Ariad Pharmaceuticals Inc. said its potential cancer treatment ridaforolimus posted positive results in a midstage study.

iRobot gets Seaglider contracts from the Navy
Bedford's iRobot Corp.said it received has two contracts from the Naval Oceanographic Office at the Stennis Space Center in Mississippi.

Hub cracks trick-or-treat top 10 list
Boston ranked eighth on a top 10 list for trick-or-treating while Seattle, San Francisco, and Portland, Ore., were one, two, and three.

Staples announces social entrepreneur winners
Staples Inc., the Framingham office-supply giant, announced the winner of youth social entrepreneurship competition it sponsors with Ashoka, a community of social entrepreneurs.

NeedleTech opens new facility in N. Attleborough
Theragenics Corp. said its subsidiary NeedleTech Products officially opened a new 73,000-square foot manufacturing facility in North Attleborough earlier this month.

B�nai B�rith celebrates go-green grant
Local officials are scheduled to gather this morning to celebrate a $2.7 million grant that has been awarded to B�nai B�rith Housing New England, a nonprofit organization dedicated to creating more affordable housing in Greater Boston.

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