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International Trade
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Call center founder has become a $10M steward of the community
March 19, 2018Wallace Andrews has established and operated call centers all over the world first for Minnesota camera maker Polaroid and then Massachusetts computer company Digital Equipment Corp. before striking out on his own.
March 19, 2018
Toys R Us to liquidate U.S. operations, close six Central Mass. stores
March 15, 2018Just weeks after announcing plans to close 182 stores, including four in Central Massachusetts, Toys R Us is now planning to end its U.S. operations.
March 15, 2018
L.S. Starrett suspends quarterly dividend
March 9, 2018Athol precision measuring and cutting tools manufacturer L.S. Starrett Co.is suspending its quarterly dividend program indefinitely.
March 9, 2018
Psychemedics records $6.1M annual profit
March 9, 2018Thanks to what the company says is a hot Brazilian market, Acton drug hair testing firm Psychemedics is reporting a 2017 profit of $6.1 million.
March 9, 2018
ReWalk secures $20M investment after $24.7M annual loss
March 8, 2018Marlborough-headquartered ReWalk Robotics recorded a $24.7-million loss in 2017, but scored a $20-million investment from a Chinese group this week.
March 8, 2018
Lawsuit claims Hologic infringed patents, violated antitrust laws
March 6, 2018Marlborough health imaging company Hologic is being sued by Japanese photography and imaging company Fujifilm for patent infringement and violating U.S. antitrust laws.
March 6, 2018
Wachusett Brewing partners with former Guinness brewer
February 22, 2018Wachusett Brewing Co. in Westminster has partnered with a renowned Irish beermaker to release a New England-style stout, his first partnership with a U.S. craft brewer.
February 22, 2018
Biostage's first human throat implant successful, autopsy shows
February 13, 2018Biostage, a Holliston-based biotech specializing in regenerative medicine to treat diseases of the throat, announced on Tuesday its first esophageal implant resulted in a regenerated esophageal tube.
February 13, 2018
TelexFree conspirator sentenced to 33 months in prison
February 9, 2018A man who led authorities to $20 million hidden in a mattress has been sentenced to 33 months of prison time for his role in the TelexFree pyramid scheme.
February 9, 2018
Virtusa's $20M tax bill results in $8M quarterly loss
February 8, 2018Despite revenues increasing by 6 percent, Westborough business consulting and information-technology firm Virtusa said it lost almost $8 million in its third quarter largely due to the impact of tax reform.
February 8, 2018
Biostage names Chinese investor as board chairman
February 8, 2018A Chinese investor and biotech executive has been appointed to be chairman of Holliston-based Biostage's board of directors.
February 8, 2018
AMSC loses $27M through three quarters
February 6, 2018Devens energy product manufacturer AMSC reported Monday another quarter of losses, this time $4.2 million in the third quarter, and $26.7 million for the company's fiscal year so far.
February 6, 2018
Aspen Aerogels wins U.S. patent case against Chinese companies
February 6, 2018The U.S. International Trade Commission has issued a limited exclusion order prohibiting the importation of aerogel insulation manufactured by two Chinese companies alleged to have infringed upon patents held by Northborough-based Aspen Aerogels.
February 6, 2018New Hampshire denies Canadian hydrpower transmission project
February 2, 2018A permit that the Northern Pass project had been counting on was denied by New Hampshire site evaluators on Thursday, jeopardizing the Bay State's newly minted plan to transmit hydropower from Quebec to Massachusetts.
February 2, 2018
U.S. court finds Chinese company guilty of stealing AMSC secrets
January 31, 2018A federal court has found a Chinese wind turbine manufacturer guilty of stealing trade secrets from Devens-based AMSC, which caused the loss of 70 percent of AMSC's workforce.
January 31, 2018Eversource, Montreal firm chosen for Northern Pass project
January 29, 2018Capping a competitive procurement, the Baker administration and Bay State utilities have selected the Northern Pass project, a joint effort of Eversource and Hydro-Quebec to bring hydropower from Canada to Massachusetts.
January 29, 2018
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