Westborough

In announcing a “substantial completion” of its $100-million rail yard project, CSX Corp. has followed through with its commitment to contribute to a neighborhood improvement fund, giving Worcester $5 million, according to City Manager Michael O'Brien.

Three years after becoming part of an Indian company called Zensar Technologies, Westborough-based Akibia — which recently...

The Westborough-based accounting and consulting firm Stowe & Degon LLC has expanded its business to include an internal audit and forensic services practice.

Stephen Crosby, chairman of the Massachusetts Gaming Commission, said this morning in Westborough that he expects casino construction to begin within one year.

Global pharmaceutical giant AstraZeneca, which has a manufacturing facility in Westborough, said it has agreed to buy Pearl Therapeutics, a privately held company in Redwood City, Calif., that focuses on the development of inhaled, small-molecule drugs for chronic obstructive pulmonary disease, or COPD.

Westborough-based RXi Pharmaceuticals said the first double-blind study of its anti-scarring treatment using healthy volunteers had positive results.

Westborough's ViryaNet, which develops mobile workforce management software, saw revenue fall for the first quarter of 2013, to $2.9 million compared with $3.2 million last year.

Four leases totaling more than 276,000 square feet of warehouse space in Westborough were recently signed, according to Boston-based real estate firm Richards Barry Joyce & Partners (RBJ).

Kopin Corp., based in Westborough, announced the opening of a second California location.

Biotech startup RXi Pharmaceuticals of Westborough, which is pushing ahead with clinical trials for its first product, reported a $14.4-million loss during the first quarter, but saw $100,000 in revenue, compared with no revenue during the first quarter of 2012.