Boston news

• State Street, Wells Fargo join banks covering travel costs for employee abortions

  28-06-2022 13:41 via bizjournals.com
  With Roe v. Wade overturned, many major financial players in Boston plan to cover employees’ travel costs for abortions.
  
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• Pearl Huang to lead Novartis-partnered startup

  28-06-2022 13:00 via bizjournals.com
  Former Roche and Cygnal Therapeutics executive Pearl Huang is now the CEO and 12th employee of a tiny startup called Dunad Therapeutics.
  
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• Five things you need to know today, and how to get people downtown, part 2

  28-06-2022 12:04 via bizjournals.com
  Good morning, Boston. Here are the five most important things you need to know to start your workday.  Epizyme shares soar 60%French drugmaker Ipsen SA, which four years ago moved its U.S. headquarters to Cambridge, is snapping up the beleaguered cancer firm Epizyme Inc. for $247 million, Rowan Walrath reports.GE's Culp to lead GE Aviation General Electric Co. is switching up the top leadership roles in its aviation unit — the only one of the three segments that will be left
  
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• Alexandria buys part of another Kendall Square building

  28-06-2022 11:41 via bizjournals.com
  An affiliate of Alexandria Real Estate Equities Inc. has paid $120 million to Schlumberger Ltd. to buy a chunk of a seven-story building in Cambridge’s Kendall Square, growing its hefty portfolio of properties in the biotech hotbed. The site is divided into commercial condominium units, and the life sciences real estate giant is buying space on two floors.
  
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• More community groups join coalition backing millionaires tax

  28-06-2022 11:32 via bizjournals.com
  Advocates for the so-called "millionaires tax" notched several new endorsements from progressive groups across the state Monday.
  
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• Boston nonprofit receives $100k grant from AT&T to address digital inequity

  28-06-2022 11:28 via bizjournals.com
  Boston-based Tech Goes Home, a nonprofit working to address digital inequity, is expanding thanks to a $100,000 grant from AT&T. The funds will allow the organization to provide more individuals and families with digital skills training.
  
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• North Shore junk-removal business moving into franchising

  28-06-2022 11:18 via bizjournals.com
  Waste-hauler Junk Junk Baby! is branching out and looking for entrepreneurs in the Greater Boston area.
  
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• Good News Tuesday: Innovations in child care help make an impact for working families

  28-06-2022 11:05 via bizjournals.com
  Good News: Big Brothers Big Sisters of Eastern Massachusetts and SitterStream team up on child care and wellness resources to youth and families across the region.
  
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• Study: Boston Medical Center named among most socially responsible hospitals in US

  28-06-2022 06:01 via bizjournals.com
  Boston Medical Center was named the fourth-most socially responsible hospital in the United States, according to a new study, and was also named the hospital with the most burden from Covid-19 in Boston.
  
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• Assembly Row names seven new tenants

  27-06-2022 20:32 via bizjournals.com
  Assembly Row in Somerville new tenants include restaurants, galleries, and beer gardens, many of which will open this year.
  
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• 'Abortion is health care': Mass. leaders prep for influx of out-of-state patients

  25-06-2022 00:00 via bizjournals.com
  Following Friday's Supreme Court ruling negating the federal right to an abortion, the message from legislators, health care providers and other leaders was that Massachusetts has the backs of people seeking reproductive care.“We will do everything we can in Massachusetts to fight for not just our own kids, not just our own communities, not just to grid ourselves and ensure that we can have model leadership here, but to take this fight across the country,” said Mayor Michelle Wu at a
  
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• Editorial: Implement the right-to-repair update now

  24-06-2022 22:43 via bizjournals.com
  In 2020, Massachusetts voters overwhelmingly sided with independent repair shops on a question over access to computer data known as "telematics." Over a year and a half later, the resulting law that would force automakers to share that data, which is needed to fix newer cars, still hasn’t gone into effect due to court delays.In the meantime, as more and more vehicles’ data is inaccessible under the older right-to-repair law passed in 2012, consumers, repair shops and the many local
  
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• 'A reflection of the city': Brockton’s first brewpub opens

  24-06-2022 20:16 via bizjournals.com
  The founding team of five — three of whom are Black — wanted to create a brewpub that was a “reflection of the city,” Eval Silvera, co-owner of Brockton Beer Co. said.
  
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• Somerville attorney indicted, charged with bribery in seeking Medford pot shop approval

  24-06-2022 19:51 via bizjournals.com
  A Somerville attorney has been indicted on charges he attempted to bribe the Medford police chief for a favorable review from the city that would have allowed his client to open a cannabis dispensary.
  
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• Equity firms to take Radius Health private for $890M

  24-06-2022 18:41 via bizjournals.com
  Radius Health Inc. will become a private company, eight years after it held its IPO.
  
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• After raising $25M, male fertility startup Give Legacy lays off workers

  24-06-2022 18:25 via bizjournals.com
  Give Legacy is backed by celebrity investors such as Justin Bieber and Orlando Bloom.
  
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• 'Deeply disappointed': Baker, Mass General Brigham CEO respond to Roe ruling

  24-06-2022 18:19 via bizjournals.com
  The chief executives of the state's two largest employers — state government and Mass General Brigham — expressed disappointment and concern following Friday’s Supreme Court ruling that overturned federal abortion protections.
  
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• Roe overturned: BU profs offer what you need to know about abortion decision

  24-06-2022 17:34 via bizjournals.com
  After half a century, Americans’ constitutional right to get an abortion has been overturned by the Supreme Court.The ruling in Dobbs v. Jackson Women’s Health Organization – handed down on June 24, 2022 – has far-reaching consequences. The Conversation asked Nicole Huberfeld and Linda C. McClain, health law and constitutional law experts at Boston University, to explain what just happened, and what happens next.The Supreme Court decided by a 6 to 3 majority to uphold Mis
  
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• Boston VCs reveal what they're telling startups in these volatile times

  24-06-2022 14:43 via bizjournals.com
  BostInno spoke with three Boston venture capitalists who invest in early-stage companies.
  
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• Smith & Wesson sales slump 44% in recent quarter; stock jumps after SCOTUS ruling

  24-06-2022 12:30 via bizjournals.com
  The Springfield company led a group of rallying gun stocks after the U.S. Supreme Court struck down a New York state restriction on carrying handguns.
  
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• Boston real estate firm sells Charlestown loft complex for $96.3M

  23-06-2022 16:08 via bizjournals.com
  Sullivan Square is seeing a flurry of development activity, including proposals from Rise Together and The Fallon Co.
  
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• Revere creates a new city hall office aimed at sparking tourism

  23-06-2022 12:22 via bizjournals.com
  The city hasn't traditionally been regarded as a tourist destination. But Charlie Giuffrida, the new director of tourism for the city, hopes to change that.
  
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• The Petri Dish: Longwood Fund unveils $38M gene therapy startup

  23-06-2022 12:10 via bizjournals.com
  Carbon Biosciences aims to use novel parvovirus vectors that can deliver larger gene therapy payloads more safely.
  
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• Five things you need to know today, and how Gen X can save the workplace

  23-06-2022 12:05 via bizjournals.com
  Good morning, Boston. Here are the five most important things you need to know to start your workday. Wealth surtax survives challengeThe state's high court yesterday shot down the latest challenge to the so-called “millionaires tax,” ruling that the attorney general’s ballot summary of the proposed constitutional amendment is fair and concise, and not misleading to voters as opponents claimed. Opponents of the surtax say they'll keep making their case to voters now that t
  
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• Forced to shell out more for lobster this summer, restaurants get creative

  23-06-2022 12:04 via bizjournals.com
  In response to the rising costs of lobster, restaurants across the region are substituting, using smaller portion sizes, or even eliminating dishes altogether.
  
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• Dana-Farber offers $150K grants for early career physician-scientists

  23-06-2022 11:00 via bizjournals.com
  Four people will be selected annually to become Lubin Scholars and will receive a financial award of $150,000 per year for four years.
  
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• Boston Speaks Up with Entrepreneur Frank Sinton

  22-06-2022 22:00 via bizjournals.com
  The Beachfront Media founder talks all things web3, AI and the metaverse on this week's Boston Speaks Up episode.
  
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• Regulators give Wynn more time for casino bridge plans

  22-06-2022 21:36 via bizjournals.com
  Wynn requested that it be given another 60 days to file pedestrian bridge plans on account of changes being made to the design of the bridge.
  
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• MLB approves CBD sponsorships in landmark change for sports leagues

  22-06-2022 21:19 via bizjournals.com
  NASCAR and the major pro stick-and-ball leagues in North America previously prohibited CBD sponsorships, largely due to the stigma associated with psychoactive cannabis (marijuana). MLB is looking to grab a piece of the growing CBD market in the U.S.
  
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• Millionaires tax opponents decry SJC ruling on ballot question language

  22-06-2022 20:50 via bizjournals.com
  Opponents to the so-called "millionaires tax" decried a ruling by Massachusetts' highest court that cleared a path for the proposal to appear on ballots without changes.
  
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• JetBlue's new agreement with London airports will create more options for Boston travelers

  20-06-2022 22:55 via bizjournals.com
  JetBlue said the move "secures the airline’s long-term future at the iconic global hub."
  
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• New Mass Growth Capital matching grant program prioritizes minority-owned businesses

  20-06-2022 20:53 via bizjournals.com
  A new crowdfunding matching grant program called Biz-M-Power developed by Mass Growth Capital Corp. has been established to prioritize Boston-based minor-owned businesses.
  
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• Boston nonprofit for young women of color has a new leader

  20-06-2022 20:00 via bizjournals.com
  After feeling burnt out while working in higher education for six years, Zaida Ismatul Oliva decided switch gears and become the new executive director of the Chica Project, an organization aimed at empowering young women of color. The nonprofit just marked its 10th anniversary.
  
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• Raytheon's HQ move 'lowers the profile' of Mass. economy, professor says

  20-06-2022 19:30 via bizjournals.com
  A couple of "not positive" consequences will hit the Bay State as Raytheon Technologies Corp.'s move of its headquarters to Virginia is set to become effective in the third quarter, according to one of the most prominent Boston innovation historians.
  
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• Report: Massachusetts named second best for health care in the U.S.

  20-06-2022 18:33 via bizjournals.com
  The rankings were part of the Commonwealth Fund’s 2022 Scorecard on State Health System Performance, which is a yearly analysis of how well the health care systems in each state are working.
  
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• Boston startups have been on a tear — but is the boom over?

  20-06-2022 17:13 via bizjournals.com
  Boston is the world's 4th best startup ecosystem and ranked No. 3 in the United States, according to an annual global report by Startup Genome. It sits behind Silicon Valley, New York City and London, but moved ahead of Beijing since the 2021 annual report.The report praised the area's veteran entrepreneurs, universities, investment capital and pillar companies, as well as the city's accelerator programs. It also noted Boston's support of female entrepreneurs, who have founded 10% of the area's&
  
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• Deadline nears for action on bill promoting diversity on state boards, commissions

  20-06-2022 16:53 via bizjournals.com
  A bill promoting gender parity and racial diversity on public boards and commissions is moving through Beacon Hill for a second time.
  
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• Bain & Co. signs major lease at future building off Public Garden

  20-06-2022 16:45 via bizjournals.com
  The agreement comes nearly 15 years after Boston developer Ron Druker first proposed a new office building at the high-profile site.
  
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• Five things you need to know, and food scraps you can eat

  20-06-2022 12:02 via bizjournals.com
  Good morning, Boston, and happy Monday. Here are the five most important things you need to know to start your workday, plus news you can use and music to lift you up. Juneteenth at workYesterday was Juneteenth, the second time the state holiday was recognized in Massachusetts. This week's cover story looks at how some local businesses are celebrating the day. Holiday weekend cancellationsThousands of flights wound up cancelled and delayed during the Juneteenth and Father’s Day h
  
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• Boston hospitality leaders: 'Let's get back to the face-to-face meetings'

  20-06-2022 11:15 via bizjournals.com
  The Boston hospitality industry is on the rebound, but one arm of the industry continues to lag – business travel.
  
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• Survey: People of color experience disproportional discrimination in oral health

  17-06-2022 20:33 via bizjournals.com
  The survey results provided “valuable and worrying insights about the state of oral health in the U.S,” according to CareQuest Institute of Oral Health.
  
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• MFA to host an all-day open house in honor of Juneteenth

  17-06-2022 20:27 via bizjournals.com
  On Monday, June 20, the Museum of Fine Arts, Boston (MFA) will partner with Citizens Bank to put on their 10th annual event celebrating Juneteenth. The free open house features a full-day schedule of talks, performances, art activities, a job fair, exhibitions, and more.
  
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• MBTA to cut weekday trains on three major lines

  17-06-2022 20:26 via bizjournals.com
  The MBTA plans to slash train trip frequency across most of its main subway system for the summer, downscaling service in response to a staffing shortage.
  
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• Harpoon parent Mass. Bay Brewing to acquire Long Trail Brewing Co.

  17-06-2022 20:17 via bizjournals.com
  Mass. Bay Brewing Company, the parent company of Harpoon Brewery, has reached a deal to acquire Long Trail Brewing in Vermont. Here's what Harpoon founder Dan Kenary had to say about the purchase.
  
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• While others shrink, this law firm is expanding its office in the Seaport

  17-06-2022 20:16 via bizjournals.com
  The firm, which specializes in tech and biotech startups and the investment firms that fund them, is growing its footprint in Boston by 60%.
  
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• MassCEC says $50M up for grabs in offshore wind port projects competition

  17-06-2022 19:44 via bizjournals.com
  Developers can compete for up to $50 million in funds for projects to revamp Massachusetts ports and help jumpstart the offshore wind industry.
  
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• Cannabis delivery startups call 'two-to-one' driver rule too burdensome

  17-06-2022 17:48 via bizjournals.com
  The rule requires two people in each cannabis delivery vehicle, raising costs for new companies.
  
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• SkillWorks, Boston Foundation award $1M to nine nonprofits

  17-06-2022 16:50 via bizjournals.com
  Creating a workforce that benefits all of Boston’s residents was the focus of a SkillWorks and The Boston Foundation webinar Thursday.
  
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• Check out the photos from BBJ's Best Places To Work extravaganza

  17-06-2022 16:19 via bizjournals.com
  More than 900 attendees celebrated at the Boston Business Journal's first in-person Best Places To Work event since 2019, held at the Boston Park Plaza. Check out photos, which include awards, casino games and more.
  
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• BPDA board OKs nearly 600 new residential units across city

  17-06-2022 15:39 via bizjournals.com
  The board’s agenda for its monthly meeting was heavy on residential this go-round.
  
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