Mon. Oct. 31, 2011 American Superconductor cancels acquisition
American Superconductor Corp., a US maker of wind-turbine components and power cables based in Devens, canceled a deal to buy Finland’s The Switch Engineering Oy, citing “adverse market conditions.” AP analysis: Candidates’ Twitter use varies widely
Twitter is abuzz with presidential candidates this year, though not all in the Twittersphere are equal. Judge dismisses SEC charges against two former State Street employees
A judge has dismissed charges brought by federal regulators against two former State Street Corp. investment executives over allegedly misleading customers about the risk in funds that lost money on subprime mortgages. John P. Flannery, the former chief investment officer of Boston-based State Street’s investment arm, was cleared of charges that he and another employee marketed a Limited Duration Bond Fund as a safe, money-market-like vehicle and failed to disclose to investors in 2007 problems brewing in mortgage-related investments. Mullen wins iRobot ad account
Roomba vacuum-cleaning robot maker iRobot Corp., headquartered in Bedford, has signed with Boston ad agency Mullen. Gas prices down 5 cents for the month
Gas prices in Massachusetts have dropped another two cents in the past week and are now down a nickel in the past month. Massachusetts women earn 80.5 percent of what men do
Massachusetts women who were full-time wage and salary workers in 2010 had median weekly earnings of $832, or 80.5 percent of the $1,033 median for their male counterparts, the US Bureau of Labor Statistics reported today. The women’s-to-men’s earnings ratio in Massachusetts for 2010 was at its highest point since 1997. The ratio for 2009 was 76.3 percent. The Massachusetts earnings ratio reached a low of 74.8 percent in 2007. Since then, it has trended upwards. Appeals court overturns key Cape Wind clearance
A federal appeals court has rejected the Federal Aviation Administration’s ruling that the Cape Wind project’s turbines present “no hazard” to aviation, overturning a vital clearance for the nation’s first offshore wind farm. A decision today from the US Court of Appeals for the District of Columbia said the FAA didn’t adequately determine whether the planned 130 turbines, each 440 feet tall, would pose a danger to pilots flying by visual flight rules. The court ordered the “no hazard” determinations vacated and remanded back to the FAA. Mass. Eye and Ear expands to Longwood area with new building on Huntington Ave.
Massachusetts Eye and Ear Infirmary broke ground on a new treatment facility at 800 Huntington Ave. in Mission hill, near the Longwood Medical Area. The $75 million complex is being built for the specialty hospital by the Beal Cos. and will house outpatient clinics and surgical facilities. The Beal Cos. is renovating and expanding an existing building on the property and will incorporate retail shops, a cafe and 150 garage parking spaces. NH man convicted in mortgage fraud scheme
A New Hampshire man has been convicted of leading a scheme that defrauded lenders and homebuyers of more than $2 million in connection with mortgages loaned for the purchase of 26 multi-family properties in the Boston area, Massachusetts Attorney General Martha Coakley said today. Suffolk Superior Court jury convicted Joshua Brown, 31, on such charges as larceny and making or publishing false or exaggerated statements. Brown is scheduled to be sentenced Nov. 10. Women in biosciences group launches Hub chapter
Women In Bio, a national nonprofit group that looks to provide educational, networking, and mentoring opportunities for women in the biotechnology industry, said that it is launching a Greater Boston chapter. Established in 2001, Women in Bio, or WIB, has existing chapters in such places as Washington, D.C.; Research Triangle Park in North Carolina, Seattle, and Chicago. Consumer Reports ‘mystery fish’ story finds similar results to Globe’s investigation into seafood mislabeling
A new Consumer Reports story on “mystery fish” reaches similar conclusions to a five-month long investigation by The Globe that found that consumers regularly and unwittingly overpay for less valued fish or buy seafood that is not what it is advertised to be. A lab that conducted DNA tests on fish purchased by The Globe showed that 48 percent were sold with the wrong species name. The Consumer Reports story found that one-fifth of its samples were mislabeled. | 
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