Lloyd Shapley of UCLA and Alvin Roth, a Harvard University professor currently visiting at Stanford University, found ways to make markets work when traditional economic tools fail. Unlike some recent Nobel prizes _ such as the Peace Prize that went to the embattled European Union last week _ this year's economics award did not seem to send a political message.
STOCKHOLM-- Americans Alvin Roth and Lloyd Shapley were awarded the Nobel economics prize on Monday for research that helps explain the market processes at work when doctors are assigned to hospitals, students to schools and human organs for transplant to recipients. Roth, 60, is a professor at Harvard University in Boston.
Gibbs Sports Amphibians says its new Quadski, which can drive on land as well as in the water, will go on sale before the end of this year. _ PRICE: The company says it will cost around $40,000. Dealerships will be concentrated in New York, Boston, the Great Lakes, Florida and Texas.
DETROIT-- Amphibious vehicles could soon be zooming out of James Bond's garage _ or pond _ and into yours. Michigan- based Gibbs Sports Amphibians Inc. hopes to sell the vehicle worldwide by 2014.. It's sort of magic, "the founder of Gibbs Sports Amphibians, Alan Gibbs, told The Associated Press in a recent interview.
NECC was founded in 1998 by Barry Cadden and Gregory Conigliaro as a compounding pharmacy, a laboratory that custom-mixes solution, creams and other medicines in dosages and forms that often are unavailable from pharmaceutical companies.
The U.S. House of Representatives' Energy and Commerce Committee called on the Massachusetts pharmacy board to tell congressional staff what it knew about the New England Compounding Center before the recall of more than 17,000 vials of injectable steroid treatments for back and joint pain from health facilities in 23 states.
BOSTON, Oct 12- The pharmacy company linked to the deadly meningitis outbreak has cut more than half of its workforce, affecting about 40 employees, according to people familiar with the situation. New England Compounding Center of Framingham, Massachusetts, confirmed on Friday it has cut jobs.
OMAHA, Neb.-- Fidelity Investments has selected the Omaha suburb of Papillion for its new, $200 million data center, the company said Friday.
LOS ANGELES-- A man arrested at Los Angeles International Airport after authorities found he was carrying a suitcase full of weapons could find out Friday whether he will remain behind bars or be freed. Harris was arrested last week during a stopover trip from Japan on his way to Boston.
BOSTON, Oct 12- Managers needing to attract or retain the best talent at a time of tight budgets need to look beyond the payroll, since for many workers non-monetary rewards like flex-time hold a lot of a appeal, says Harvard Business Review. The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org.
BOSTON-- Three companies seeking to develop a resort casino in Springfield submitted applications Thursday to the western Massachusetts city, and a fourth that had previously expressed interest declined to enter the competition.
MOSCOW, Oct 12- Gazprombank, Russia's No. 3 lender by assets, has mandated banks to hold meetings with investors as it eyes a possible subordinated perpetual Eurobond offering, IFR and a banking source said on Friday.
*Minnesota woman sues pharmacy in federal court. WASHINGTON/ BOSTON, Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal investigation, as the national death toll climbed to 14..
By David Morgan and Tim McLaughlin. WASHINGTON/ BOSTON Oct 11- The pharmacy at the center of a deadly U.S. meningitis outbreak possibly linked to tainted steroid injections faced mounting federal and state scrutiny on Thursday, including a potential criminal probe, as the national death toll climbed to 14..
BOSTON-- Iron Mountain Inc. on Thursday declared a special dividend of $700 million as part of its planned conversion into a real estate investment trust. The dividend will be paid Nov. 21 to shareholders of record on Oct. 22, and shareholders can choose to receive payment in the form of stock or cash.
BOSTON, Oct 11- The pharmacy company at the center of a deadly U.S. meningitis outbreak that has killed 14 people is being investigated by the M a ssachusetts Attorney General.
BOSTON, Oct 11- The pharmaceutical companies at the center of the deadly meningitis outbreak have disclosed they hired a lawyer from a top white-collar criminal-defense firm in Boston.
BOSTON, Oct 11- The pharmacy company at the center of a deadly U.S. meningitis outbreak is being investigated by Massachusetts Attorney General, the AG's Office said on Thursday.
WASHINGTON, Oct 11- As many as 14,000 people- more than previously thought- received possibly tainted steroid injections tied to a deadly U.S. meningitis outbreak and patients should watch for symptoms for several months, health officials said on Thursday.
BOSTON-- There's not much good news for investors. Even so, the Standard& Poor's 500 index climbed 5.8 percent in the latest quarter, while U.S. stock mutual funds returned an average 5.3 percent, according to fund tracker Lipper Inc..