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International Trade

  • Psychemedics records $6.1M annual profit

    Zachary Comeau March 9, 2018

    Thanks 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.

    Zachary Comeau March 9, 2018
  • ReWalk secures $20M investment after $24.7M annual loss

    Zachary Comeau March 8, 2018

    Marlborough-headquartered ReWalk Robotics recorded a $24.7-million loss in 2017, but scored a $20-million investment from a Chinese group this week.

    Zachary Comeau March 8, 2018
  • Lawsuit claims Hologic infringed patents, violated antitrust laws

    Zachary Comeau March 6, 2018

    Marlborough health imaging company Hologic is being sued by Japanese photography and imaging company Fujifilm for patent infringement and violating U.S. antitrust laws.

    Zachary Comeau March 6, 2018
  • Wachusett Brewing partners with former Guinness brewer

    February 22, 2018

    Wachusett 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

    Zachary Comeau February 13, 2018

    Biostage, 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.

    Zachary Comeau February 13, 2018
  • TelexFree conspirator sentenced to 33 months in prison

    February 9, 2018

    A 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, 2018

    Despite 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

    Zachary Comeau February 8, 2018

    A Chinese investor and biotech executive has been appointed to be chairman of Holliston-based Biostage's board of directors.

    Zachary Comeau February 8, 2018
  • AMSC loses $27M through three quarters

    Zachary Comeau February 6, 2018

    Devens 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.

    Zachary Comeau February 6, 2018
  • Aspen Aerogels wins U.S. patent case against Chinese companies

    Zachary Comeau February 6, 2018

    The 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.

    Zachary Comeau February 6, 2018
  • New Hampshire denies Canadian hydrpower transmission project

    State House News Serivce February 2, 2018

    A 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.

    State House News Serivce February 2, 2018
  • U.S. court finds Chinese company guilty of stealing AMSC secrets

    Zachary Comeau January 31, 2018

    A 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.

    Zachary Comeau January 31, 2018
  • Eversource, Montreal firm chosen for Northern Pass project

    State House News Service January 29, 2018

    Capping 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.

    State House News Service January 29, 2018
  • ofo report: Worcester bikes popular in morning, for long rides

    January 24, 2018

    Bike-sharing company ofo and its yellow bikes are apparently a hit in Worcester, according to an annual report from the China-based company.

    January 24, 2018
  • Solect expects pain from new solar tariff

    Grant Welker January 24, 2018

    Hopkinton solar company Solect Energy is expecting a sudden stop in growth — or even a drop — after a new tariff on solar-panel imports was announced this week.

    Grant Welker January 24, 2018
  • Aspen Aerogels wins patent case against Dutch reseller

    Zachary Comeau January 23, 2018

    Aspen Aerogels, a Northborough manufacturer of aerogel insulation for the energy infrastructure and building materials markets, announced Tuesday a series of judgments from a German court against a Dutch reseller of an aerogel product for which

    Zachary Comeau January 23, 2018

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On July 4, President Donald Trump signed into law massive new legislation designed to enact his agenda. The nearly 900-page package includes provisions such as $4.5 trillion in tax cuts, increased funding for immigration enforcement, and a $1-trillion reduction in Medicaid spending, while increasing the country’s debt limit by $5 trillion.