Boston news

• Nonprofit Daily Table grocery stores to end operations

  09-05-2025 22:14
  Daily Table, a nonprofit that has four grocery stores in the Boston area, is ending operations in the coming days, citing rising food costs and "uncertain and difficult funding."
  
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• Ropes & Gray moves up in national AmLaw rankings. Here's how other Mass. law firms fared

  09-05-2025 20:38
  A national ranking of law firms by revenue shows Massachusetts is home to some of the top earners. But not as top as last year.
  
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• Boston agtech company Freight Farms shuts down, files for bankruptcy

  09-05-2025 19:43
  Freight Farms, a Boston-based company that repurposed shipping containers into high-tech farms that could grow food, has filed for Chapter 7 bankruptcy and ceased operations.
  
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• MIT, Brown lead lawsuit against NSF over research funding cuts, escalating fight with Trump administration

  09-05-2025 18:23
  A coalition of top schools claims recent funding reductions violate Congressional mandates and could have far-reaching consequences for national security.
  
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• Construction begins on rare new residential building along Boston's Greenway

  09-05-2025 17:38
  A rare new residential development is taking shape along Boston's Greenway.
  
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• Healey, UMass chancellor praise 'double-American' Pope

  09-05-2025 12:18
  Marcelo Suárez-Orozco, chancellor of the University of Massachusetts Boston, said “I think this bodes very well for us, the Hispanics in the United States and for Americans more generally.”
  
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• Cafe picks Harvard Square for first location outside NYC, and more retail news

  09-05-2025 11:56
  A popular New York City all-day cafe is coming to Cambridge and the Seaport, the city is bringing back the beer garden on the Boston Common and more retail news.
  
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• Editorial: Research funding cuts will hurt the Mass. economy, not just universities

  09-05-2025 11:44
  All Massachusetts residents — not just those with direct ties to local college and university employers — ought to oppose the cuts the Trump Administration is trying to make to federal research funding dollars.
  
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• Five things: Suffolk Downs construction, a biotech layoff, Bruce Springsteen in Cambridge and Michelin stars in Boston

  09-05-2025 11:34
  Good morning, Boston. Congratulations, Pope Leo XIV, the first-ever pope from the United States. Here are the five things you need to know in local business news to start your Friday.Grant Welker reports that construction will start this year on the next two buildings in the long-unfolding Suffolk Downs redevelopment: a 473-unit residential building and a 150-room hotel. (The 475-unit Amaya building opened last summer.)Hannah Green reports that Cambridge biotech is winding down operations&hellip
  
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• Michelin Guide is coming to Boston, offering tourism spotlight for local restaurants

  08-05-2025 22:53
  The Michelin Guide, whose star rankings are the most sought-after in restaurants across the world, is coming to Boston through a partnership with the tourism office Meet Boston, sources tell the Boston Business Journal.
  
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• Santander's $1.1B bet on failed bank's assets pays off as commercial income grows

  08-05-2025 15:21
  Santander in 2023 picked up a $9B CRE portfolio from the failed Signature Bank.
  
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• The nation’s most-educated ZIP code is in Boston

  08-05-2025 11:57
  Boston has long touted its many colleges, and the brainpower behind industries like healthcare and life sciences. Now it has yet another bragging right: the country’s most-educated ZIP code.
  
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• Petri Dish: Cancer biotech cuts staff; Lantheus sells business unit

  08-05-2025 11:51
  In recent days, a Cambridge biotech laid off more than half of its workers, a radiopharmaceutical company sold part of its business, a Burlington biotech got new investment and a George Church-founded xenotransplantation biotech brought on a medical chief.
  
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• Five things you need to know today, and baseball fashion

  08-05-2025 11:33
  Good morning, Boston. I can't talk about the Celtics and their second epic choke last night. So here are the five things you need to know in local business news that don't involve a head-shaking inability to finish.The Federal Reserve kept its key interest rate unchanged yesterday, despite President Trump’s demands to lower borrowing costs, saying that the risks of higher unemployment and higher inflation have risen, the Associated Press reports.Hannah Green reports that Charles River
  
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• Former longtime CEO of YW Boston to lead healthcare charity

  08-05-2025 11:32
  The philanthropic arm of Canton-based health insurance plan Point32Health appointed a familiar face in the Greater Boston nonprofit scene.
  
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• Is Mass. ready to make the leap to quantum computing hub?

  08-05-2025 11:20
  The state has been investing in quantum technology in an effort to attract the new talent and infrastructure needed to establish itself as a leader in the field. But it's got a lot of competition.
  
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• Residents of North Shore town sue state over MBTA zoning law

  08-05-2025 11:00
  A dozen Hamilton residents have sued the state over the law that forces municipalities to zone for denser housing development if they have or are near MBTA stations.
  
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• After big acquisition, Biogen looks to set up West Coast hub in South San Francisco

  08-05-2025 02:24
  The Cambridge drugmaker plans to use last year's $1.5 billion acquisition of a San Francisco drug developer as the centerpiece of a West Coast hub.
  
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• Sale in Bedford makes way for biomanufacturing conversion

  07-05-2025 20:30
  A 154,000-square-foot building in Bedford has been bought for $26 million, with plans to convert the space into biomanufacturing use.
  
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• Personal finance website Bankrate to pay $800K to settle Mass. licensing dispute

  07-05-2025 20:11
  Bankrate provides consumer information on mortgages and other financial products, but regulators say the Florida company also did business as a lender and broker.
  
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• MassBio issues dire warning: Federal cuts will upend U.S. biotech dominance

  06-05-2025 06:01
  MassBio CEO Kendalle Burlin O’Connell said that without "policy stability and renewed investment," we will cede leadership in the life sciences industry.
  
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• Another bump in college student aid planned by Senate committee

  06-05-2025 00:03
  Low-income community college students attending public higher education institutions could see a huge increase in state aid if Senate Ways and Means committee gets its way.
  
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• Boston-area homesellers more likely to offer concessions

  05-05-2025 22:32
  Nearly 19% of home sales in metro Boston came with a seller concession in the first quarter of the year, according to new data from Redfin.
  
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• Santander Bank plans to close 18 branches, including 6 in Massachusetts

  05-05-2025 20:28
  The bank, part of Spanish financial conglomerate Santander Group, notified regulators of plans to close more than a dozen branches, including six in Massachusetts.
  
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• Research funding cuts could mean thousands fewer jobs in the Boston area

  05-05-2025 20:23
  Donald Ingber, the founding director of the Wyss Institute for Biologically Inspired Engineering at Harvard, put it bluntly: “Killing science will strangle the economy.”
  
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• How colleges can double down on community impact at this critical time

  05-05-2025 20:17
  Hundreds of college and university presidents recently signed a letter condemning undue federal government intrusion in their academic operations, pressing the need for autonomy as ‘centers of open inquiry’ during these unprecedented times.
  This proactive stance, signed by presidents of Harvard University, Massachusetts Institute of Technology, University of Massachusetts Amherst, Emerson College, Tufts University, Wellesley College, Boston University and Bunker Hill Community Colleg
  
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• New York medical malpractice insurer opens Boston office

  05-05-2025 20:14
  EmPRO Insurance expands to Boston, hiring industry veteran Michael Miller to lead its new office and grow medical malpractice business in New England.
  
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• Boston chef Douglass Williams named to James Beard ‘ones to watch’ list

  05-05-2025 18:51
  Boston chef Douglass Williams, who’s created the restaurants MIDA and APIZZA, has made a “ones to watch” list from the food industry’s James Beard Foundation.
  
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• Dorm room hustle evolves into seven-figure portable blender business

  05-05-2025 18:09
  What started as a solution for clumpy gym drinks unexpectedly became a hit with cocktail enthusiasts, prompting a major shift in Blendi's marketing strategy and, most recently, national recognition.
  
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• Massachusetts Health Connector for Business is a smart place to find high-value health coverage for your employees

  05-05-2025 16:54
  In today’s competitive labor market, offering quality health insurance isn’t just a perk — it’s a powerful tool for attracting and retaining employees. But for many small to midsize businesses, navigating the world of health benefits can be overwhelming, especially when cost is a critical concern. Here in Massachusetts, one powerful solution is Health Connector for Business — the Commonwealth’s official health insurance marketplace for businesses with 50 emplo
  
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• MIT borrows $750M as it faces potential research funding cuts

  02-05-2025 20:11
  MIT issued a $750 million bond on Friday that it said was for “general corporate purposes,” echoing a similar step a month ago taken by Harvard to help with costs when federal grants and contracts are at risk.
  
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• Bank of Canton names new leaders in preparation for CEO retirement

  02-05-2025 19:49
  The mutual savings bank, based in southeastern Massachusetts, has changed up its senior leadership.
  
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• Seaport Summer Market to return, plus more retail news

  02-05-2025 18:51
  WS Development is bringing back its Seaport Summer Market on May 10th. In other news, a steakhouse is working on a new Seaport location, and healthy eateries are coming to Shoppers World.
  
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• Is the city ready for housing with no parking? Boston board says no

  02-05-2025 18:12
  A proposed 70-unit development in South Boston had no dedicated parking spaces for residents. It matched with car-free travel goals and is near public transit. But neighbors and officials said no.
  
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• Arbella, Franklin Cummings Tech team up to bridge skills gap

  02-05-2025 17:31
  A collaboration between a Quincy-based insurer and a century-old tech institute is reshaping how students prepare for careers in the insurance industry.
  
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• ‘It’s what they deserve’: Trump will move to strip Harvard’s tax-exempt status

  02-05-2025 17:14
  President Donald Trump said he will seek to strip Harvard University of its tax-exempt status, escalating the fight between the elite institution and the federal government to new heights.
  
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• VC funding update: Boston startups and tech firms raised $445.5 in April

  02-05-2025 17:03
  April had fewer deals than the previous month but larger deals, continuing the hot start to 2025. April marks the first month of the year without the appearance of a unicorn.
  
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• April M&A: Markforged, Validity and Eastern Bank

  02-05-2025 15:39
  Whereas VC deals in April continued to be robust, the month saw a slowdown in mergers and acquisitions.
  
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• Struggling Cambridge biotech acquired by hedge fund

  02-05-2025 15:30
  Cancer drug company Kronos Bio Inc., which recently moving its headquarters to its Cambridge research site, will sell out to hedge fund Tang Capital Partners' Concentra Biosciences LLC.
  
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• Watertown startup vows to disrupt life science market research

  02-05-2025 11:48
  Watertown-based Konovo is an intelligent market research platform that connects pharmaceutical and life sciences companies with healthcare providers and patients.
  
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• Fort Point office, restaurant building sells for $48M

  30-04-2025 18:17
  The headquarters building for Chewy on Congress Street in Fort Point has traded hands for $48 million.
  
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• Meet the 2025 Inno Madness champion

  30-04-2025 17:33
  Coming back from an early defeat in 2025, HYCU was trying to recreate the magic of its 2023 run and, in the face of stiff competition, climbed its way back to the top.
  
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• State Street names senior exec from Citizens as CFO

  30-04-2025 17:02
  After a months-long search, State Street has recruited a CFO from another major financial institution to oversee its finances.
  
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• Harvard task force reports reveal discrimination, hate on campus; president apologizes

  30-04-2025 12:36
  Two long-awaited reports from Harvard’s task forces on antisemitism and anti-Israeli bias and anti-Muslim, anti-Arab and anti-Palestinian bias have been released, and President Alan Garber issued an apology.
  
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• Suffolk borrows $158M for office-to-dorm conversion

  30-04-2025 12:24
  
  Suffolk University issued a $158 million bond on Tuesday to help finance a planned conversion of an office building on Tremont Street into a new dormitory.
  
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• Five things you need to know, and a surefire energizer

  30-04-2025 11:41
  Good morning, Boston. The Celtics won, the Sox won — and did you see that catch last night? (Scroll to the bottom to see it.) Here are the five things you need to know in local business news to start your busy Wednesday.Grant Welker reports that a mixed-use site in Charlestown’s Sullivan Square that was once proposed for a 24-story tower will go to foreclosure auction next month.Billerica diagnostics maker Quanterix Corp. has renegotiated the terms of its acquisition of Marlboro
  
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• Developers near approval for long-awaited Hotel Alexandra in South End

  30-04-2025 11:18
  The plans to restore and renovate the historic Hotel Alexandra on the border of Boston’s South End and Roxbury neighborhoods have changed many times over the past several years, but developers of the property said they are getting close to the go-ahead.
  
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• Hedge fund with ties to Point Judith Capital raises $93M

  30-04-2025 11:05
  A new Providence-based hedge fund with ties to Point Judith Capital has raised nearly $100 million for its inaugural fund. Point Judith is the VC firm co-founded by Gina Raimondo, the former Rhode Island governor who became Commerce Secretary under President Joe Biden, that moved to Boston in 2012.
  
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• Tufts launches new materials institute with $11M corporate sponsorship

  30-04-2025 03:31
  An $11 million sponsorship at Tufts University is making possible a new institute at the school to study materials science and engineering.
  
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• House votes to reverse mental health caseworker cuts

  30-04-2025 02:30
  Gov. Maura Healey's budget proposal in January called for slashing the DMH case manager workforce in half, from 340 to 170 individuals. The threatened layoffs have prompted an outcry over mental health care access.
  
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