Boston news

• Viewpoint: Alcohol companies are making billions, while prevention efforts are starving for cash

  11-06-2021 22:55 via feeds.bizjournals.com
  A BU researcher who has studied the relationship between alcohol marketing and youth drinking behavior for the past 20 years has calculated how much money underage drinkers are spending and, importantly, which companies are making that money.
  
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• J.P. Licks landlord sues for back rent

  11-06-2021 21:07 via feeds.bizjournals.com
  The longtime local ice cream chain J.P. Licks is being sued for hundreds of thousands of dollars in alleged unpaid rent.Zooephebe Realty Trust, which owns J.P. Licks’ headquarters and flagship retail location on Centre Street in Jamaica Plain, claims the company owes more than $282,000 in unpaid rent from last year, starting in March. The company filed suit against the ice cream purveyor this week in Suffolk Superior Court.J.P. Licks’ monthly rent at the property is about $23,000. Th
  
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• Boston footwear company iSlide makes its brick-and-mortar debut

  11-06-2021 20:40 via feeds.bizjournals.com
  Boston footwear maker iSlide, which got its start selling slide sandals online, is now making a go of it in the brick-and-mortar world.The company is opening on Newbury Street — in a storefront directly across from Niketown, a sprawling store from one of the biggest names in the athletic apparel and footwear business.Hyde Park-based iSlide got its start in 2013 and makes slides to order. While it doesn’t have the brand status of Nike or fellow Boston-area footwear companies Converse,
  
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• J.J. Allaire's RStudio raises over $160M, documents show

  11-06-2021 20:25 via feeds.bizjournals.com
  The Boston-based tech company led by the co-founder of FitNow, maker of the Lose It app, who is also the brother of Circle CEO Jeremy Allaire, has raised millions in new funding, according to newly filed public securities documents
  
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• Salem Hospital raised wages for nearly half its workforce. Here's why.

  11-06-2021 19:14 via feeds.bizjournals.com
  Salem Hospital has raised its minimum wage to $15 an hour, giving raises and proportional pay increases to one-fourth of its workforce, a full two years before the state raises the minimum wage to that level.
  
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• Global brokerage Savills acquires T3 to expand tech, life science business

  11-06-2021 19:06 via feeds.bizjournals.com
  T3 Advisors CEO Roy Hirshland founded the company in 2001.
  
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• On July 4, the Pops will play at Tanglewood, the fireworks will be in Boston

  11-06-2021 19:02 via feeds.bizjournals.com
  For the second straight year, the Boston Pops won’t be taking to the Hatch Shell along the Esplanade for their typical Fourth of July performance with fireworks.
  
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• A local VC was bored cooking dinner. Hours later, his Twitter chat captured history.

  11-06-2021 18:10 via feeds.bizjournals.com
  Jack Dorsey. Mark Cuban. The president of El Salvador, whose country was about to become the first sovereign nation to approve bitcoin as legal tender. Each of them ended up joining Castle Island Ventures partner Nic Carter's Twitter Spaces chat on Tuesday night, to his astonishment.
  
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• Form D Friday: Dana-Farber’s Binney Street Capital invests in drug discovery startup

  11-06-2021 14:10 via feeds.bizjournals.com
  Form D Friday is a Boston Business Journal feature highlighting regulatory filings from Boston-area companies raising capital for new projects or expanding their businesses.
  
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• Five things you need to know today, and where to find the best bar pizza

  11-06-2021 12:13 via feeds.bizjournals.com
  Good morning, friends. Here are the 5 Things You Need to Know today, and where I go to get educated about bar pizza.
  
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• Advertising CEO George Sargent on the importance of storytelling, community and inclusion

  11-06-2021 11:55 via feeds.bizjournals.com
  It takes a lot of different types of people to do high-quality advertising and brand marketing. For George Sargent, CEO of Arnold and Havas Media, that means creating a culture of safety, community and inclusion.
  
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• Suffolk Downs swaps housing for labs in Revere

  11-06-2021 11:50 via feeds.bizjournals.com
  The $500 million, 500,000-square-foot lab and office space is set to be complete by late 2023.
  
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• Bentley University launches new diversity, equity and inclusion major

  11-06-2021 11:45 via feeds.bizjournals.com
  Bentley University says it's among the first universities anywhere to create a new major in diversity, equity and inclusion, offering students the foundation for what is projected to be in-demand careers as a chief diversity officer, inclusion specialist or similar roles.
  
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• Nonprofit Interise helps businesses pivot and rebound during pandemic

  11-06-2021 11:30 via feeds.bizjournals.com
  A Boston nonprofit has helped hundreds of small urban and minority-owned businesses shift strategies and manage their way through the pandemic. Here's how they're doing it.
  
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• JetBlue resumes flights between San Jose and Boston after cancelling service due to Covid

  11-06-2021 11:12 via feeds.bizjournals.com
  About two weeks after the Boston–San Jose flights get under way, JetBlue will start flying again between Silicon Valley and New York City.
  
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• Viewpoint: The FDA’s big gamble on the new Alzheimer’s drug

  11-06-2021 03:11 via feeds.bizjournals.com
  A UConn researcher explores whether the benefits of approving a drug before it's clear that it works outweighs the potential costs.
  
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• Federal Reserve OK's merger of Boston Private and Silicon Valley Bank

  11-06-2021 02:07 via feeds.bizjournals.com
  The decision by the Federal Reserve ends a courtship and starts a marriage between two major regional financial organizations in a deal valued at about $900 million.
  
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• Op-ed: Biden’s education plan closes in on the starting line

  10-06-2021 23:50 via feeds.bizjournals.com
  The Biden administration made great strides in recognizing the crucial need for preschool for every child, writes the CEO of the Housman Institute. The next step is recognizing that early education is about more than the ABCs — it's about emotional intelligence too.
  
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• Inno Blazers: Meet the winners of Rhody's fourth annual INNO Fire Awards

  08-06-2021 20:53 via feeds.bizjournals.com
  This year’s fire awards honored 25 startups, nonprofits, entrepreneurs and other entities who represent the local innovation community and those who are doing extraordinary work to stand out amongst the crowd.
  
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• Medical imaging provider to move HQ to Burlington from Connecticut

  08-06-2021 20:36 via feeds.bizjournals.com
  In recent years, Massachusetts has proven itself as an attractive location for the headquarters of several high-profile tech companies coming from New England or elsewhere. Butterfly Network Inc., which became publicly traded earlier this year via the increasingly popular SPAC route, has become the latest..
  
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• 5 Minutes With... Vincent Petryk of J.P. Licks

  08-06-2021 20:31 via feeds.bizjournals.com
  It wasn’t a childhood love of ice cream that got Vince Petryk into starting J.P. Licks. It was discovering how being in an ice cream shop transformed his sometimes-crabby neighbors into happy, polite people.
  
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• Bain Capital leads $900M acquisition of ransomware detection firm

  08-06-2021 19:54 via feeds.bizjournals.com
  The deal comes as ransomware attacks are becoming a larger and more insidious threat to the U.S. and global economies.
  
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• Covid costs drive operating loss at Southcoast Health

  08-06-2021 19:43 via feeds.bizjournals.com
  Limited bed availability following a second surge of coronavirus hampered Southcoast Health System’s financials mid-way through fiscal 2021, accounting for a wider loss than it saw last year.
  
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• Website builder startup gains $20M in Series A funding

  08-06-2021 17:42 via feeds.bizjournals.com
  Unlike traditional website builders such as Wix or Squarespace that offer pre-made templates, Prismic says it's about building individual branded sections.
  
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• Five things you need to know today, and Biogen's big win

  08-06-2021 12:11 via feeds.bizjournals.com
  
  Good morning, folks. Here are the five things you need to know to get your day started, and a few thoughts on Biogen's big win with approval for the first drug to treat Alzheimer's disease in decades.
  
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• Vecna Robotics names new CEO as demand for warehouse robots climbs

  08-06-2021 12:00 via feeds.bizjournals.com
  Craig Malloy is the third top executive at Vecna Robotics since early 2018. He's replacing Daniel Theobald, who co-founded the company three years ago as well as, two decades earlier, the larger healthcare tech company from which it spun out of, Vecna.
  
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• Group for professionals of color plans fall conference in Boston

  08-06-2021 10:48 via feeds.bizjournals.com
  The Boston Men’s Dinner Group, a local professional networking organization for men of color with a growing national profile, will host a multi-day, in-person event.
  
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• Outdoor retailer REI plans small-format store in Cambridge Crossing

  08-06-2021 10:38 via feeds.bizjournals.com
  The outdoor equipment store will house a collection of products curated to the Greater Boston community, as well as a specialized bike shop.
  
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• Diversified Healthcare Trust taps Jennifer Francis as CEO

  04-06-2021 20:41 via feeds.bizjournals.com
  Francis had served as president and chief operating officer since 2018.
  
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• Microsoft gets U.S. antitrust approval for planned Nuance acquisition

  04-06-2021 18:08 via feeds.bizjournals.com
  The $19.7 billion deal became public in April this year. Other regulatory steps must be satisfied before the deal can be considered closed.
  
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• Mass. fintech group launches, with backing from finance giants

  04-06-2021 18:07 via feeds.bizjournals.com
  The public-private partnership is meant to boost the Bay State’s standing in the financial services technology industry.
  
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• Danish biotech Zealand Pharma expands U.S. HQ in Boston

  04-06-2021 15:17 via feeds.bizjournals.com
  The lease comes on the heels of Zealand landing its first FDA approval.
  
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• Boston Properties grows Waltham lab cluster with $100M buy

  04-06-2021 14:45 via feeds.bizjournals.com
  The two buildings at 153 and 211 Second Ave. last traded in late 2019 for $68.5 million.
  
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• Form D Friday: Covid vaccine maker, female-led cancer biotech raise millions

  04-06-2021 12:00 via feeds.bizjournals.com
  Form D Friday is a Boston Business Journal feature highlighting regulatory filings from Boston-area companies raising capital for new projects or expanding their businesses.
  
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• Shrinking GE still tops list of largest Mass. public companies

  04-06-2021 11:30 via feeds.bizjournals.com
  It’s not the General Electric that Boston and state officials thought they were getting in 2016. In fact, in some ways the new GE doesn’t resemble the old GE at all.
  
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• LGBT honorees see opportunity in broader equality debates

  04-06-2021 11:15 via feeds.bizjournals.com
  LGBT advocates said in a Boston Business Journal event Thursday they see debates about race, gender, power and privilege as part of a broader social justice movement.
  
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• Five things you need to know today, and this is not goodbye

  04-06-2021 11:05 via feeds.bizjournals.com
  Good morning and happy Friday, folks. Here are the five most important things you need to know to start your day, plus a "see you later" rather than "goodbye."
  
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• Op-ed: Workplace-equity efforts for women of color must be intentional

  04-06-2021 11:00 via feeds.bizjournals.com
  The lack of diversity among our nation’s top executives is a systemic problem — and not due to empty pipelines. Consequently, it shouldn’t be solved by more leadership-training programs for women, which don’t tackle the systemic barriers.
  
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• Boston attorney buys Palm Beach mansion with full-sized tennis court for $15M (Photos)

  02-06-2021 02:26 via feeds.bizjournals.com
  The buyer is a prominent attorney.
  
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• Forced to go virtual, cultural sector sees digital future

  02-06-2021 02:12 via feeds.bizjournals.com
  Members of a special commission examining the pandemic's impacts on the cultural sector said that reopening presents an opportunity to reimagine aspects of a field that typically operates on tight margins.
  
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• 3 ways to maintain a Best Place to Work culture during exponential growth

  01-06-2021 22:44 via feeds.bizjournals.com
  Whether you’re a team of five or a team of 5,000, company culture is the foundation of employee engagement. Maintaining a strong culture while experiencing exponential growth can be an intimidating feat, but it is a crucial component to success and a necessary piece of remaining a place that employees are excited and proud to work.
  How do you continue to drive engagement and connect with employees as your company goes from fitting in a single conference room, to multiple offices spanning m
  
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• Financial tech firm Circle raises $440M from Fidelity, other investors

  01-06-2021 20:57 via feeds.bizjournals.com
  Boston-based Circle Internet Financial Ltd. has raised another late-stage round of financing that the financial tech firm touted as "among the top 10 in private fintech investments."
  
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• Donut redo? Krispy Kreme (again) eyes Boston for expansion

  01-06-2021 20:51 via feeds.bizjournals.com
  Like a hot glazed donut scarfed down in four bites, Krispy Kreme’s initial reign in Greater Boston in the mid-2000s was glorious but brief. But in a new filing ahead of an initial public offering, the chain signaled an interest in giving it another shot in the Hub.
  
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• Hemp farmers press state lawmakers for 'last chance' at survival

  01-06-2021 20:38 via feeds.bizjournals.com
  Advocates logged on from across the state to push for the passage of four bills that would alter the state’s hemp landscape.
  
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• Google Ventures' first biotech startup files for IPO

  01-06-2021 20:27 via feeds.bizjournals.com
  Verve Therapeutics, a cholesterol-targeting, gene-editing startup and the first biotech to be incubated by the venture capital arm of Google, is planning to go public in a $100 million IPO.
  
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• SolarWinds hackers used Constant Contact email service in latest cyberattack

  01-06-2021 20:23 via feeds.bizjournals.com
  Marketing software firm Constant Contact recently hired a new CEO, Frank Vella, who started in his role a couple of months before the incident took place.
  
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• May M&A: International expansion for Boston-based companies

  01-06-2021 20:04 via feeds.bizjournals.com
  Ginkgo Bioworks, a synthetic biology company and Affectiva, a human perception AI company both chartered international waters this month.
  
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• Rhode Island Inno Approved: June Tech & Startup Events to Know About

  01-06-2021 19:58 via feeds.bizjournals.com
  Because Rhode Island is a veritable hive of cool people doing cool things and hiring personal assistants is expensive, we at Rhode Island Inno have established a curated calendar of statewide goings-on we think readers will enjoy — all in one spot. Look for new events listings every month, and don’t hesitate to let us know if there’s more (or less) of a type of event you’d like to hear more of.
  
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• Gov. Baker signs bill on unemployment insurance tax relief

  29-05-2021 18:58 via feeds.bizjournals.com
  The new law is the second attempt by the Legislature and administration to mitigate the cost to businesses of replenishing the unemployment insurance system that was emptied during the COVID-19 pandemic as businesses closed and workers lost their jobs in droves.
  
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• Mass. launches summer restaurant campaign

  28-05-2021 20:29 via feeds.bizjournals.com
  Massachusetts has launched a new campaign for the summer with a plea: for residents to support local restaurants.
  
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