• Cardiologist and Boston Sci exec Baim dies at 60

    NATICK, Mass. (AP) — The family of renowned cardiologist and medical device executive Dr. Donald Baim says he has died following surgery to treat a form of cancer. He was 60.

     
  • Mass. receives money for broadband mapping

    BOSTON (AP) — Massachusetts has received about $2 million in federal stimulus funding to help identify the speed and location of broadband services in the state over the next five years.

     
  • State Street adds $250 million to legal reserve

    BOSTON (AP) — State Street Corp. on Friday said it added $250 million to a legal reserve, and revised its third-quarter earnings results downward to reflect the change.

     
  • Mass. commission ruling means delay for Cape Wind

    BOSTON (AP) — The nation's first offshore wind farm faces more delay after a top Massachusetts historic preservation officer said that two Indian tribes' claim to Nantucket Sound needed more study.

     
  • Mass. man faces new charges in alleged terror plot

    BOSTON (AP) — A pharmacy college graduate was indicted Thursday on new charges in an alleged terror plot to kill two prominent U.S. politicians and shoot people at American shopping malls.

     
  • Sapient predicts rise in services sales

    BOSTON (AP) — Sapient Corp., which helps companies with technology needs, said Thursday that services revenue would rise sequentially in the fourth quarter.

     
  • Sapient 3Q profit plummets on charges, sales dip

    BOSTON (AP) — Technology-services provider Sapient Corp. said Thursday that third-quarter profits plunged by two-thirds, partly due to special charges, and the CEO said customers were growing more confident in business prospects.

     
  • Skyworks Solutions ups outlook for current quarter

    WOBURN, Mass. (AP) — Semiconductor maker Skyworks Solutions Inc. said Thursday that revenue will grow in the current quarter, and set a profit target above analysts' expectations.

     
  • Skyworks Solutions 4Q profit rises

    WOBURN, Mass. (AP) — Skyworks Solutions Inc., which makes semiconductors for wireless products, said Thursday its profit increased as lower operating costs offset a slight decline in sales.

     
  • Alkermes takes 2Q loss, cuts full-year estimates

    CAMBRIDGE, Mass. (AP) — Biotech drug developer Alkermes Inc. said relocation charges and stock-based compensation costs pushed it to a loss in the fiscal second quarter.

     
  • Click for Full Story Supreme Court wades into mutual fund fee disparity

    BOSTON (AP) — The U.S. Supreme Court is taking a close look at a question individual investors have long asked about their mutual funds, but the courts have largely ignored: Why am I getting charged twice as much as big institutional clients?

     
  • Bond rating agencies laud Mass. budget management

    BOSTON (AP) — Three major bond rating agencies are complimenting the fiscal stewardship of the Patrick administration.

     
  • Steinway Musical Instruments, Samick in stock deal

    WALTHAM, Mass. (AP) — Steinway Musical Instruments Inc. said Thursday that it signed a deal for Samick Musical Instruments Co. to take a minority stake in the company, boosting Steinway's liquidity.

     
  • Once lauded Mass. company moving jobs to China

    MARLBOROUGH, Mass. (AP) — A solar panel company is moving some jobs overseas after receiving $58 million in state aid and being touted by Massachusetts Gov. Deval Patrick as a symbol of the state's economic future.

     
  • Va. doc gets year in prison for prescription scam

    BOSTON (AP) — A Virginia doctor who wrote tens of thousands of prescriptions for muscle relaxants and other drugs over the Internet without meeting or examining the patients has been sentenced to a year and a day in federal prison.