Business

Boston Sci 1Q profit jumps despite dip in sales

Medical device maker Boston Scientific Corp. said Thursday its net income leaped in the first quarter against a year-earlier period, when the company’s performance was bogged down by impairment and restructuring costs. More >

Boston Properties CEO makes $10M in 2011

Boston Properties (NYSE: BXP) Chief Executive Mortimer Zuckerman received a 23 percent raise in 2011, with total compensation of nearly $10 million, according to a filing with the U.S. Securities and Exchange Commission. More >

Menino touts ‘Boston Model’ of economic policy

Boston Mayor Thomas M. Menino is calling on Washington to drop the partisan wrangling and use some successful Hub programs as a blueprint for fixing the U.S. economy. More >

Report: Boston’s Jenks arrested for DUI

The Boston Red Sox were looking into the arrest of reliever Bobby Jenks, who was charged with driving under the influence and leaving the scene of a crash, according to The Fort Myers News-Press. More >

Boston-Power adds $30M funding to build China plant

Boston-Power Inc., a Westborough maker of next-generation lithium-ion batteries and systems, has landed an additional $30 million in new funding to add to the $125 million investment the company took in September. More >