Resignation: Avici Systems Inc. said chief financial officer Paul Brauneis will resign. The Billerica maker of Internet routing systems named T.S. Ramesh to replace him.
Named: Spire Corp., a Bedford producer of solar energy manufacturing equipment, named Christian Dufresne chief financial officer, succeeding James Parslow.
Into Vermont: Lowe's Cos., the second largest US home improvement retailer, will move ahead with its first store in Vermont after the company settled pollution complaints by the Conservation Law Foundation.
Agreement: Google Inc. said it agreed to shut down some communities on its popular Orkut social networking site because the Brazilian government says they advocate violence and human rights violations.
Second thoughts: Hasbro Inc. of Pawtucket, R.I., shelved plans to release a line of dolls based on the Pussycat Dolls, an all-female music group known for risque lyrics and skimpy outfits.
Shoe deal: Payless ShoeSource Inc. said it bought the American Eagle brand of shoes and accessories from Jimlar Corp. for an undisclosed amount. Payless shares rose 18 percent after it said first-quarter profit rose 19 percent.
Moved: L. Dennis Kozlowski, the former chief executive of Tyco International Ltd. was moved to a medium-security prison from a maximum-security prison. Nonviolent inmates are considered for medium-security facilities, a New York State corrections spokesman said.
Pilots flap: Delta Air Lines Inc.'s pilots union said it would oppose an effort by retired pilots to block the union's wage concession deal with the carrier.
(Globe wire services)![]()