Massachusetts news

• Executive Insights: Scott Anderson of Verrill on the firm’s 20 years of growth in Boston and what’s next (video)

  09-09-2024 06:00 via bizjournals.com
  Carolyn Jones, market president and publisher of the Boston Business Journal, interviews Scott Anderson, managing partner at Verrill. In this engaging conversation, Anderson discusses the firm’s rich history, secrets to its steady growth and what’s next for the thriving midsized law firm.
  
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• New shops in Wellesley’s Linden Square, and more retail news

  09-09-2024 00:11 via bizjournals.com
  Linden Square, a high-end shopping center in Wellesley, has three new tenants and signed leases for three more soon to come. Here's the latest on that and more retail news.
  
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• National nonprofit champions to end the addiction stigma

  06-09-2024 21:20 via bizjournals.com
  Marianne is a Boston resident who has been in recovery for 14 years. She knows the impact of stigma firsthand. As she says, “The people I thought were my friends turned out to be the ones I feared the most. Stigma is a terrible human tool to use against someone who is already suffering. We must shatter stigma and support evidence-based treatment and all paths of recovery."Addiction stigma is a set of unfair, negative, and often discriminatory beliefs directed toward and experienced by indi
  
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• Startup Boston Week starts Monday. Here’s what you need to know.

  06-09-2024 20:19 via bizjournals.com
  The event runs from Monday to Friday and will have over 100 sessions, 300 speakers and various opportunities to network with other founders and investors in the Boston startup community.
  
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• Hogan Lovells partner elected president of Boston Bar Association

  06-09-2024 20:11 via bizjournals.com
  In 2019, Matt McTygue was the recipient of the Boston Business Journal’s third-annual LGBT Business Trailblazer award.
  
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• Mass. picks more wind projects, prices unavailable

  06-09-2024 20:03 via bizjournals.com
  The Bay State's next helping of offshore wind power won't be as significant as it could have been.
  
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• 'My passion is to pay it forward': BBJ honors nonprofit leaders, charitable companies

  06-09-2024 19:38 via bizjournals.com
  “As leaders, we have a responsibility. We cannot stay quiet,” said Josiane Martinez, the Alan E. Lewis Alnoba CEO Social Leadership Award honoree.
  
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• JetBlue launches new Boston service to Maine

  06-09-2024 17:52 via bizjournals.com
  JetBlue has begun daily flights between Boston Logan International Airport and Presque Isle International Airport in Northern Maine.
  
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• Boston-based DRB Facility Services expands metal and stone division with strategic acquisition

  06-09-2024 17:36 via bizjournals.com
  DRB Facility Services, a leading provider of commercial facility services, has significantly expanded its metal and stone division with the acquisition of Bay Shore Building Services’ Metal & Stone division. This strategic move not only bolsters DRB’s market position but also promises to deliver enhanced services to its growing clientele.The acquisition, effective Aug. 1, not only brought on Robert Moeller as vice president for the metal and stone division and five highly skilled
  
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• Law firms Locke Lord, Troutman Pepper to merge

  06-09-2024 16:58 via bizjournals.com
  Locke Lord and Troutman Pepper have agreed to merge, effective Jan. 1, 2025. Here's what it will be called and how many lawyers it will have.
  
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• Clean energy manufacturer names new CEO, raises $82M

  06-09-2024 15:56 via bizjournals.com
  New 6K chief executive Saurabh Ullal told the Business Journal that the leadership change comes at a time the company needs to focus on "execution."
  
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• Mass. relaunches anti-fraud, employee misclassification council

  06-09-2024 11:51 via bizjournals.com
  Last year, activity from the Council on the Underground Economy tip-line and joint agency coordination led to nearly $27 million recouped.
  
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• Financial services sector remains stalwart in charitable giving

  05-09-2024 23:18 via bizjournals.com
  Financial institutions made up nearly 28% of the charitable giving in Massachusetts among the 96 companies that made this year's list. Those companies gave a total of $101 million to local charities.
  
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• Uber says it won't actively oppose unionization ballot question

  05-09-2024 21:24 via bizjournals.com
  The ridesharing company says it won't actively campaign against the Massachusetts ballot question that, if passed, would give thousands of local drivers the right to form a union.
  
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• Astellas opens lab, offices in Cambridge Crossing

  05-09-2024 19:29 via bizjournals.com
  About 400 Astellas employees will be based out of the new space under medical and development, business development and research teams.
  
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• LL Flooring shutting down, closing all stores nationwide

  05-09-2024 19:26 via bizjournals.com
  National flooring retailer LL Flooring, formerly Lumber Liquidators, is closing all stores, including nearly two dozen in New England after efforts to find a buyer failed.
  
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• Community health centers win $3.75M in state broadband funds

  05-09-2024 18:43 via bizjournals.com
  The Healey administration and the Massachusetts Broadband Institute are providing the Massachusetts League of Community Health Centers in an effort to expand affordable internet access and enhance digital health tools.
  
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• Look inside electric truck maker Rivian's new Boston showroom

  05-09-2024 18:23 via bizjournals.com
  Electric truck maker Rivian calls its new Boston showroom a "space." It bears little resemblance to a typical automotive dealership, but its location over the Mass Pike lends it unmatched visibility.
  
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• Editorial: Community college support must be maintained long-term

  05-09-2024 17:45 via bizjournals.com
  In wake of free community college in Massachusetts, in order to maintain the value of such a degree, taxpayers will need to pay more to support those schools.
  
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• State aid to Steward hospitals' new owners will be at least $417M over 3 years

  05-09-2024 17:22 via bizjournals.com
  The Healey administration has committed the money to help new operators keep five of six Steward Health Care hospitals open as they take over ownership, the News Service learned Thursday.
  
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• Harvard spinout enabling study of live cells gets $13.5M seed extension

  05-09-2024 15:51 via bizjournals.com
  CytoTronics spun out of Harvard in 2021 and makes a “Pixel plate” which allows scientists to assess live cell functions in thousands of individual cells.
  
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• Here's why Puma's flying cat logo was everywhere this summer

  05-09-2024 11:46 via bizjournals.com
  The Somerville-based footwear brand is riding high with Olympic gold medalists and soccer stars. President Bob Philion says is the company balances sport, lifestyle and fashion "better than any brand out there."
  
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• Livingstone Cruises to Easy Victory in Primary Race

  05-09-2024 09:45 via beaconhilltimes.com
  By Dan MurphyIn the Sept. 3 primary race, incumbent Suffolk 8th District Rep. Jay Livingstone cruised to an easy victory in a three-way race.D. Murphy Photo
  Suffolk 8th District Rep. Jay Livingstone (right) is seen with Paul
  Demakis, who held that seat from 1994 to 2004, on Newbury Street on
  Primary Day, Tuesday, Sept. 3
  According to the city’s unofficial election results, Rep. Livingstone, who has served in House since 2013 and currently chairs the Joint Committee on Children, Families an
  
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• New Tour

  05-09-2024 09:44 via beaconhilltimes.com
  Nichols House Museum presents ‘Creation, Evolution, Preservation: The Metamorphosis of 55 Mount Vernon Street’Special to TimesThe Nichols House Museum will debut a new tour on Sept. 25 at 6 p.m., ‘Creation, Evolution, Preservation: The Metamorphosis of 55 Mount Vernon Street.’Courtesy of the Nichols House Museum
  The Nichols House Museum at 55 mt. Vernon St.
  This architecture-focused tour covers the entire history of the building, from its construction in 1804, through the
  
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• Students Urged to Register for the BCYF Spelling Bee

  05-09-2024 09:38 via beaconhilltimes.com
  Special to the TimesBoston Centers for Youth & Families (BCYF) is proud to announce the opportunity for Boston students and schools to participate in the Scripps National Spelling Bee program through the 17th Annual BCYF Spelling Bee.   Boston students of public, charter, pilot, and parochial schools as well as home-schooled students are eligible to participate in BCYF’s Bee this spring only after they have won a Bee held at a Boston school.  In addition to improvin
  
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• Italian Feast of Saints Cosmas & Damian this Weekend

  05-09-2024 09:38 via beaconhilltimes.com
  Special to the TimesIt’s that time of year again when the streets of East Cambridge will come alive for the 99th Annual Italian Feast of Saints Cosmas and Damian this weekend – September 6, 7 & 8 on Warren, Cambridge and Porter Streets in East Cambridge.  The three-day fun family event features a wide variety of sweet and savory food, a beer garden, amusement rides, games, parades and music that spans four decades of dance, pop, and rock.  Festivities begin on Friday at
  
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• September is College Fire Safety Month

  05-09-2024 09:37 via beaconhilltimes.com
  Special to the TimesWith thousands of new and returning college students settling into dorms, apartments, and other living spaces, Massachusetts fire officials are reminding them, their resident advisors, and others to be sure they have working smoke alarms, carbon monoxide (CO) alarms, and two ways out in an emergency.As Massachusetts kicks of College Fire Safety Month, State Fire Marshal Jon M. Davine said 2,538 fires occurred in college dormitories, fraternities, and sororities in Massachuset
  
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• Healey Proclaims September as ‘Emergency Preparedness Month’

  05-09-2024 09:37 via beaconhilltimes.com
  Special to the TimesGovernor Maura Healey has declared September 2024 as Emergency Preparedness Month to highlight the importance of emergency preparedness and to encourage planning for disasters and other types of emergencies.  The Massachusetts Emergency Management Agency (MEMA), the Massachusetts Department of Public Health (DPH), and other state, local, and nonprofit agencies will promote preparedness through various public outreach efforts throughout the month. These efforts are p
  
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• City of Boston Recognizes International Overdose Awareness Day

  05-09-2024 09:37 via beaconhilltimes.com
  Special to the TimesMayor Michelle Wu and the Boston Public Health Commission (BPHC) are calling attention to the heartbreaking consequences of the opioid epidemic as they marked International Overdose Awareness Day on Saturday, August 31. The entire City of Boston extends heartfelt condolences to residents from all corners of our community who have lost a loved one to a fatal overdose. Mayor Wu, her administration, and the BPHC are also highlighting their ongoing commitment to expanding access
  
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• City of Boston Extends A Welcome to New, Returning College and University Students

  05-09-2024 09:36 via beaconhilltimes.com
  Special to the TimesThe City of Boston announced an update on the City’s preparations as college and university students move in across Boston to ensure they have a smooth transition into their new homes and communities. A cross-departmental effort, Boston is sharing information on how to access City services including 311, mattress pick up, inspections, BlueBikes, as well as sharing information on parking restrictions and improper storage of waste.  “Students bring so much
  
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• Business confidence in Mass. down, unemployment rises

  04-09-2024 06:01 via bizjournals.com
  
  Business confidence in Massachusetts fell slightly in August compared to the month prior. Here's why local employers are less optimistic.
  
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• CarGurus hires veteran of ezCater, Wayfair to lead sales

  03-09-2024 20:14 via bizjournals.com
  Mike O'Hanlon joins the online car marketplace as chief revenue officer as CarGurus' revenue declined 45% last year.
  
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• Target plaza in Cambridge's Porter Square sells for $20M

  03-09-2024 19:50 via bizjournals.com
  “We were able to get it for a very good price, and plan to operate it as is and enjoy the cash flow for the foreseeable future," said a managing principal for the buyer.
  
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• Dana-Farber president to step down; oncology head named as replacement

  03-09-2024 19:15 via bizjournals.com
  
  The cancer institute said Tuesday its president and CEO since 2016, Laurie Glimcher, will step down on Oct. 1.
  
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• New England Patriots slip to third-most valuable team in the NFL

  03-09-2024 19:02 via bizjournals.com
  The Patriots came in just behind the Dallas Cowboys and the Los Angeles Rams on the 2024 edition of the Forbes list, which is released before each football season.
  
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• Former Spark Therapeutics CEO to lead Cambridge biotech

  03-09-2024 18:54 via bizjournals.com
  The former CEO of Spark Therapeutics, who directed the development and commercial launch of the company's first approved gene therapy, will now lead an RNA-focused, Cambridge-based biotech.
  
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• Five things: Hotel strikes, the end of remote work and what I learned on my vacation

  03-09-2024 12:08 via bizjournals.com
  
  Good morning, and happy Tuesday, readers. It's primary election day in Massachusetts. Here are the five things you need to know in local business news to start the workweek's fake Monday.The days of widespread, fully remote work may be coming to an end, according to a new survey, which found 87% of companies that had been fully remote say they will return to the office by 2025. If you spent time unplugged this summer, now is the time to catch up on what's going on in the life sciences and&h
  
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• News at Boston-area law firms you may have missed this summer

  03-09-2024 11:20 via bizjournals.com
  From big mergers to new law firms coming to the Boston area, here’s a roundup of some of the top stories in the local legal sector over the past few months.
  
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• IPOs, Life Sciences 3.0 and other biotech news you may have missed

  03-09-2024 11:15 via bizjournals.com
  
  Get the latest updates on life sciences news to watch coming out of the summer, including two more initial public offerings and renewed talks on Life Sciences 3.0 expected this fall.
  
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• Plan for 40-story tower near North Station proposed

  02-09-2024 21:44 via bizjournals.com
  A 40-story hotel and residential tower could be built about two blocks from North Station on the edge of the North End, according to a new plan proposed to Boston city officials.
  
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• Workers at four Boston hotels strike

  01-09-2024 15:27 via bizjournals.com
  The union says the workers are protesting "arduous workloads and wages that aren’t enough to afford the cost of living."
  
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• How working capital can come back to hurt sellers during acquisitions

  01-09-2024 06:00 via bizjournals.com
  Working capital adjustments can cause material value changes for sellers during acquisitions, but they are often not clarified or negotiated until late in the deal process. In a typical deal, working capital is only mentioned in the letter of intent (LOI), and the terms are left for the buyer and seller to negotiate prior to close. Working capital can be especially complicated to determine and model. In this article we explain the basics of the working capital adjustment from the seller’s
  
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• Construction industry still feeling effects of interest rate pressures, say the pros (podcast)

  01-09-2024 06:00 via bizjournals.com
  The increased costs of financing in the construction industry have had downstream effects beyond higher payments for a given project, according to Corey McCusker, partner with Citrin Cooperman’s Braintree office and specialist in the construction industry.
  “Interest rates have affected the timing of work and the availability of work,” McCusker says in this recent podcast conversation. “As owners have increased costs to finance projects based off the interest rates —
  
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• 5 things to know about risk management information systems and how they benefit construction contractors

  01-09-2024 06:00 via bizjournals.com
  Within the construction industry, projects are finishing over budget, behind schedule and below expected benefit levels. Fortunately, better data management can help.The challenge
  Many stakeholders and insurance companies serving the construction sector do not have a formal data architecture and data capturing procedure to obtain both project and enterprise-level incident and claims data. Many construction companies, when asked to provide their insurance loss history, refer to their insurance&he
  
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• Steward finalizes deal for BMC to buy Brighton, Brockton hospitals

  31-08-2024 13:00 via bizjournals.com
  The filing of the agreement for the two hospitals comes a day after the bankrupt company filed agreements to sell four other facilities in Massachusetts.
  
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• Potential widespread hotel strike nears; boycott of non-union hotel urged

  30-08-2024 21:01 via bizjournals.com
  
  Workers at 35 Boston hotels are slated to walk off the job as soon as this weekend. Meanwhile, the union is contacting companies with events scheduled at one hotel where employees are trying to form a union, asking them to boycott.
  
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• DEI policies work best when they are designed to include everyone and are backed by evidence

  30-08-2024 19:22 via bizjournals.com
  
  While it’s easy to dismiss the backlash against DEI as purely a result of bigotry, it’s important to consider how DEI efforts themselves can be made to be more inclusive, in order to garner the support necessary.
  
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• Market Basket, 10 years later: Here's what made the story so special

  30-08-2024 18:30 via bizjournals.com
  This week marks the 10th anniversary of the culmination of weeks of regional protests around Market Basket. It's a chance to consider questions about the future of the wildly popular local grocery store chain and whether anything like those protests might ever happen again at another retailer.
  
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• Alnylam’s stock drops on new heart disease drug data

  30-08-2024 17:30 via bizjournals.com
  The drug met its primary and secondary endpoints in a late-stage trial, but investors didn't initially react favorably to the full data.
  
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• Five things: Dell revenue; Gen X retirement and how (not) to make a toaster from scratch

  30-08-2024 12:04 via bizjournals.com
  Good morning, Boston. This is managing Editor Don Seiffert bringing you the five things you need to know in local business news today, and plus what a book about a guy who tried to lake a toaster says about working as part of a team.Dell Technologies Inc., which has more than 5,000 Massachusetts employees, on Thursday evening reported better-than-expected revenue, lifting its shares more than 3% in after-hours trading, per Bloomberg.Yet another biotech is laying off staff. Repare Therapeutics&he
  
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