Business digest

REGION

Small fire extinguished at RTI Niles plant

WEATHERFIELD — A small fire at RTI Niles was extinguished without major damage or any injuries, said Richard Leone, a company spokesman.

The fire at the plant, which used to be called RMI Titanium, was caused when sparks from a grinder ignited a section of the roof about 7 a.m., he said. Firefighters from Weathersfield and Niles extinguished the fire.

NATION

Parent company says Globe won’t be closed

BOSTON — The Boston Globe’s parent company, The New York Times Co., says it won’t close the 137-year-old newspaper, after identifying $20 million in annual savings.

The Times said Tuesday it would now focus “on executing the Globe’s turnaround plan.”

On Monday, it imposed a 23 percent pay cut on members of its largest labor union, the Boston Newspaper Guild. The Times Co. says the wage cut and $10 million in savings from other unions will help the newspaper.

From Vindicator staff and wire reports