• Bankers call off Admirals Bank acquisition after raising $70M

    The decision comes three months after federal banking regulators raised a host of problems with Admirals.
  • Alfred Angelo Bridal closes stores nationwide

    The dresses were still on the racks of Alfred Angelo Bridal in Danvers, but the lights were off, the doors were locked, and closed signs posted to the windows — a sign of closures happening all over the country as the Florida-based company appears to be headed toward bankruptcy.The company has more than 60 stores nationwide and three in Massachusetts — including in Danvers, Dedham and North Attleboro. Calls to the Massachusetts stores went unanswered, and local media reported that st
  • Corporate America is sitting on trillions in cash. Here's who has the most dry powder in Boston

    Amazon’s blockbuster $13.7 billion deal to buy Whole Foods Market touched off a flurry of speculation last month about a pending surge in mergers and acquisitions. And why not? Many of the country’s largest companies are sitting on record piles of cash — piles that many analysts expect to continue to grow.Not so fast, say capital markets analysts. While Corporate America collectively has about $2 trillion in cash on hand, much of it is consolidated among a handful of companies.
  • Here's where Dell Technologies employs 8,821 people in Massachusetts

    The $58 billion merger between Dell and Hopkinton-based EMC closed a little under a year ago. To celebrate, Dell EMC gave a sneak peek at a forthcoming economic impact report.
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  • Why Brigham doctors performed a heart exam on a gorilla

    Brigham and Women’s Hospital cardiologists perform heart exams all the time — but a recent 300-pound patient was a bit different than normal. It was Little Joe, the renowned resident of the Franklin Park Zoo.Brigham cardiologists Dr. Brian Bergmark and Dr. Justina Wu, along with diagnostic sonographer Doriann Calisi, helped perform a cardiac exam for Little Joe, who zoo officials suspect may be developing heart disease.The 24-year-old, 5-foot tall western lowland gorilla may be a dif
  • Death of former Boston doctor spurs escalated lawsuit against Brigham, Storz

    ​A doctor whose wife died from the use of a controversial surgical device at Brigham and Women’s Hospital has escalated his fight against the hospital and the medical device manufacturer.
  • Other unions join Tufts Medical Center nurses in march outside hospital

    Dozens of union members from the Massachusetts Building Trades Council marched by Tufts Medical Center on Friday, supporting nurses who say they have been locked out of the hospital after a one-day strike.
  • ViewPoint: What an artificial intelligence researcher fears about AI

    As an artificial intelligence researcher, I often come across the idea that many people are afraid of what AI might bring. It’s perhaps unsurprising, given both history and the entertainment industry, that we might be afraid of a cybernetic takeover that forces us to live locked away, “Matrix”-like, as some sort of human battery.And yet it is hard for me to look up from the evolutionary computer models I use to develop AI, to think about how the innocent virtual creatures on my
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  • Athenahealth losing its chief financial officer

    Watertown-based health IT company athenahealth said that its chief financial officer will step from his post later this month.Karl Stubelis will leave his job on July 21 “to pursue other opportunities” after a little over a year in the position. John Kane, a member of athenahealth’s board of directors and current chair of the audit committee, will serve as interim chief financial officer.“Jack’s knowledge of athenahealth and his experience serving as the CFO of anot
  • ​Five things you need to know today, for the love of cheese

    Happy Bastille Day , Boston. It's cold and damp out there this morning. Is it just me or does the weather make it feel like winter is coming? Here are the five most important things you need to know in the region's business news today, where we've got spinoffs, mergers and French references galore.Report: Manulife exploring IPO, spinoff for John Hancock unitJohn Hancock Financial Services Inc.’s Canadian parent company is considering spinning off the Boston-based insurer or pushing the fir
  • Leventhal Map Center Gala

    Hilary and Chris Gabrieli at the Map Center Gala, which raised over $1.5M to support educational programs.
  • Summer Dock Party Returns on July 20

    On Thursday, July 20, the Esplanade Friends Council will host the seventh annual “Esplanade Summer Dock Party” on the Community Boating Docks on the Charles River Esplanade from 7 to 10:30 p.m.
    Ben Zimbell and Annie Pemberton at a past “Esplanade Summer Dock Party.”
    Set against the incomparable backdrop of the Charles River at sunset, this annual summer soirée has become a social highlight for young Bostonians.  Hosted by radio personality Kennedy Elsey of Kar
  • Downtown View:Imponderables

    By Karen Cord Taylor
    News articles extoll Massachusetts’ wealth. From the Boston Globe on June 28: “The Massachusetts miracle: rich and thriving.” In January, “A Waterfront that’s rapidly transforming,” which reports that $1.5 billion of construction was taking place with $850 million about to begin. These new properties mean exploding tax revenue for Boston and higher revenue for Massachusetts with those construction workers’ salaries and the sales taxe
  • The List of Top 100 Highest Paid Municipal Employees

    The Top 100 highest paid employees in the City of Boston show that six are now earning more than $200,000 per year in regular pay and that Supt. of Schools Tommy Chang continues to be the highest paid employee in the City.
    The numbers reflect base pay from the calendar year 2016 and do not include Police Details. Still, most of the highest paid employees in the City are from the Police Department and Fire Department. With details and retro pay – which was higher in 2016 significantly becau
  • Get Fit on the Esplanade this Summer

    “Healthy, Fit and Fun” returns to the Charles River Esplanade Tuesday, July 11.
    Throughout the summer, the Esplanade Association (EA) partners with three fitness organizations to sponsor free outdoor programming for people of all ages and abilities at the park.
    Programming includes “Zumba,” led by Healthworks and sponsored by Healthworks, Polar and Peapod by Stop & Shop, which meets at the DCR Memorial Hatch Shell on Tuesdays at 6 p.m.; “Sunset Yoga,” led
  • Friends of the West End Branch Hold Annual Meeting

    The Friends of the West End Branch of the Boston Public Library (FWEBBPL) held their annual meeting at the West End Branch on June 8.
    Chairperson Barbara Haley welcomed the members and guests and introduced Branch Librarian Helen Bender, West End Civic Association President Susann Benoit, City-Wide Friends of the Boston Public Library President David Vieira and President Emeritus, Anne Barron.
    Guest speaker Barbara Moscowitz, MSW, LICSW a geriatric social worker at Massachusetts General Hospital
  • Police Briefs 07-11-2017

    Beacon Hill Beat
    From Boston Police Area A-1
    Assault and Battery
    06/30/17 – At around 9:58 p.m., a male suspect was asked to leave a Beacon Street establishment as he was bothering a group of female patrons. One of the female victims asked him to stop, at which time the suspect became angry and swung his arm, striking her in the chest area. The victim refused medical attention at this time.
    Larceny
    07/05/17 – A male suspect came into a Beacon Street office building during off hours a
  • Markey is 100 Percent Correct for Reproach of Kellyanne Conway

    It is fair to say that the world as Americans have known it in the post-World War II era has been turned upside-down  — and not in a good way — since the election of Donald Trump as President of the United States.
    The unpresidential comments and actions on a daily basis by President Trump and members of his administration not only have brought ridicule to the office of the Presidency (which formerly was the most-respected and most-powerful leadership position in the world), but
  • An Investment in Our Future

    Governor Charlie Baker’s recent announcement that his administration will ask the legislature for a five-year, $500 million life sciences initiative that will extend the state’s decade-long commitment to the biotech and medical technology industry demonstrates the governor’s focus on maintaining Massachusetts’ lead in this important area.
    The proposal, which Gov. Baker unveiled recently at a biotechnology convention in San Diego, includes up to $295 million in capital spe

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