Boston Business News - Local Boston News | Boston Business Journal
Last updated on Wednesday December 31, 1969 at 7:00pm
New England respondents were "positive" overall about the regional economy in a recent survey, the Boston Fed found.
Dana-Farber Cancer Institute has posted an operating loss for the quarter ending June 30, despite a rise in patient revenue, due in part to higher costs. The Boston-based, nationally renowned cancer center also reported worsened investment performance.
M. Lee Pelton, president of Willamette University and a former dean at Colgate University and Dartmouth College, has been named the 12th president of Emerson College, according to a press release issued Wednesday by the college.
Terrafugia Inc., the Woburn-based developer of the Transition Roadable Aircraft, is moving its ?flying car? into low-volume production at a 19,000 square-foot facility in Woburn, with plans to begin late next year.
Cubist Pharmaceuticals Inc. is growing its existing footprint in Lexington, Mass., adding 104,000 square feet of lab and administrative space that will house 150 new employees, the company announced today in a ceremony attended by Gov. Deval Patrick and Massachusetts Life Sciences Center President and CEO Susan Windham-Bannister.
Seizing an opportunity at the start of the school year to capture attention around decreasing state support for public colleges and universities, Richard M. Freeland, commissioner of higher education, said Wednesday that Massachusetts is ?headed in the wrong direction? when it comes to funding for higher education.
Gov. Deval Patrick made a campaign stop at the Cambridge Innovation Center Wednesday morning for a breakfast Q&A with Boston tech industry executives, investors and boosters. The session, held on the startup office complex?s nearly completed new space on the third floor of One Broadway in Kendall Square, drew a roomful of about 100 people.
Betahouse, the unofficial nexus of the fast-growing startup scene in Central Square, Cambridge, has closed its doors, and the coworking space?s future is in doubt as founder Jon Pierce plans to turn his attention to other projects, rather than continue the search for a new location.
Halloran Consulting Group of Waltham added Simona Cipra as a managing director and Bradley Yount as chief operating officer. Previously, Cipra was VP of global clinical operations for a mid-sized, oncology-focused biopharmaceutical company. Prior to that, Simona held senior leadership roles in clinical operations and program management at Eisai Medical Research, Boston Scientific Corp. and The Medicines Company. Yount is the founder and president of Odyssey Bay Ventures, a firm that owns portfolio companies such as Enefco International of Auburn, Maine, and FMB Inc. of Harrison, N.J.
James Koch, the chairman and face of Boston Beer Co. Inc., recently sold about $135,000 worth of stock in the maker of Sam Adams beers. (SAM)
