Vertex Pharmaceuticals says it plans to eliminate about 15 percent of its worldwide workforce, including about 175 positions in Massachusetts.
Vertex is committing more than $1 million to encourage students to pursue science, technology and engineering.
The share price for Vertex Pharmaceuticals gained an impressive 50% in trading on Monday.
The real estate website isoldmyhouse.com is dropping its $199 charge for homeowners to list their homes for sale.
Gov. Deval Patrick and Boston Mayor Thomas Menino officially welcomed biotech giant Vertex Pharmaceuticals Inc. to South Boston Wednesday.
Cambridge drug maker, Vertex, will move their headquarters and lab space into the buildings by 2014.
Shares of Cambridge-based Vertex went up about 12-percent Wednesday after regulators indicated that their potential drug for Hepatitis C was effective.