Massachusetts news

• Proposed restrictions on electricity competition spark debate

  25-09-2023 20:59 via bizjournals.com
  Advocates for a competitive energy market say electric customers prefer a choice of where they can purchase electricity, pushing back against proposed legislation aimed to protect them against what a recent state report found were significantly higher prices.
  
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• 250-plus residential units proposed near BCEC in South Boston

  25-09-2023 20:20 via bizjournals.com
  The longtime industrial area, located a few blocks to the south of the Boston Convention and Exhibition Center, has seen significant development.
  
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• Point32Health's new Social Inequality Index is aimed at shrinking health disparities

  25-09-2023 20:17 via bizjournals.com
  The parent company of Tufts Health Plan and Harvard Pilgrim HealthCare is hoping to help reduce disparities between different racial, geographic and other populations.
  
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• Morphic Therapeutic stock nosedives on disappointing trial data

  25-09-2023 18:58 via bizjournals.com
  With two Big Pharmas abandoning partnerships and its only clinical-stage drug posting less-than-encouraging data, Waltham's Morphic Therapeutic has had a rough couple of years.
  
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• Massachusetts State House: spotlight on Latino leadership

  25-09-2023 18:35 via bizjournals.com
  This Hispanic Heritage Month, El Planeta took the opportunity to converse with several Latinos working at the Massachusetts State House, highlighting their contributions and experiences.
  
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• Valo Health enters $2.7B pact with Novo Nordisk to develop heart drugs

  25-09-2023 17:10 via bizjournals.com
  The Denmark drug giant will use Valo’s platform that uses real-world patient data and AI computation to speed up the delivery and development process.
  
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• Inno on the Road: New startups entering Maine ecosystem already have an impact

  25-09-2023 16:46 via bizjournals.com
  Organizations like Northeastern University and EforAll are expanding into Maine. There are already early signs of success, including a rise of VC funding in the state and the praise of local founders.
  
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• A new push to promote Asian art and culture around Boston is underway

  25-09-2023 12:16 via bizjournals.com
  "When it comes to AAPI representation, leadership, visibility and belonging, the arts play a really important role in terms of elevating and honoring and celebrating our identity, our heritage and our shared stories.”
  
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• Research: Biases against Black-sounding first names can lead to discrimination in hiring

  25-09-2023 11:56 via bizjournals.com
  From The Conversation: Biases against Black-sounding first names can lead to discrimination in hiring, especially when employers make decisions in a hurry, new research shows.
  
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• Five things: Boston heat island, Lambert's property sale, Park Plaza-Hilton deal and how to prepare beef tongue

  25-09-2023 11:37 via bizjournals.com
  Good morning, Boston, and happy National One-Hit Wonder Day. Here's one of my personal faves, and here are the five things you need to know in Boston business news to start your workday.1. Chinatown’s hot topicIn the latest edition of the Business Journal's "On Main Street" series, Meera Raman reports on the city's highest-temperature neighborhood, and its struggle to implement a plan to help its residents and businesses. Or read the digital print edition.2. Lambert’s Market properti
  
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• Gov. Healey calls for statewide maternal health review as Leominster birthing unit closes

  22-09-2023 21:47 via bizjournals.com
  Gov. Maura Healey ordered two maternal health reviews as UMass Memorial Health Alliance-Clinton Hospital Leominster Campus is set to close its birthing ward on Saturday.
  
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• Lambert’s Market properties in Dorchester, Westwood sold for $23M

  22-09-2023 20:32 via bizjournals.com
  The properties featuring the popular produce markets were sold to an entity with the same address as a Cadillac dealership in Norwood. A Lambert's co-owner said earlier this year that the markets would remain open under a lease after any sale.
  
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• Despite geographic distance, parent companies of Cape Cod 5 and Fidelity Bank agree to merge

  22-09-2023 20:13 via bizjournals.com
  Hyannis-based Cape Cod 5 and Leominster-based Fidelity Bank plan to merge their holding companies under one new multi-bank holding company, Mutual Bancorp.
  
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• ‘That moment has come and gone’ — leaders lament lost progress on diversity at BBJ panel

  22-09-2023 19:49 via bizjournals.com
  Boston Business Journal event panelists lamented lost progress in racial equity, discussed the city hosting the national NAACP convention and urged efforts to help newly arrived migrants.
  
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• Boston Park Plaza to become a Hilton brand hotel

  22-09-2023 19:44 via bizjournals.com
  The Boston Park Plaza, one of the city’s best known hotels at nearly a century old and among its largest, is about to become part of the Hilton brand.
  
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• Chase's Mass. deposits skyrocket, cracking top 10 list

  22-09-2023 18:55 via bizjournals.com
  Chase’s deposits jumped 364% from June 30, 2022, from $1.8 billion to $8.4 billion, according to FDIC days. This makes it the seventh-largest bank in the state, which is up from its No. 33 place in 2022.
  
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• Union Square Donuts’ latest location, and more retail news

  22-09-2023 17:46 via bizjournals.com
  Union Square Donuts is the latest retailer to sign onto a rare newly-built project in Harvard Square. Here's the latest on that and other Boston-area retail news.
  
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• Cambridge startup using AI to rewrite literary classics for all reading levels

  22-09-2023 15:46 via bizjournals.com
  Co-founder Ethan Pierce told BostInno his startup's AI platform can rewrite full books at different reading levels and in multiple languages.
  
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• Commentary: Addressing Boston's youth violence requires unified city commitment

  22-09-2023 15:34 via bizjournals.com
  There are moments when a flash of violence is so striking in its brazenness that it cuts through our collective malaise. When eight people were shot and wounded at an annual cultural celebration in Dorchester, news of the shooting garnered local and, briefly, national headlines. When scores of teenagers started brawling at the South Bay shopping center a day later, it again brought news cameras and headlines amid questions of whether enough is being done for the city’s youth.But those thor
  
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• Massport picks developers for 15-story affordable housing in Seaport

  22-09-2023 12:00 via bizjournals.com
  The 224,000-square-foot D Street project is meant for residents with a mix of incomes, ranging from 30% to 120% of the area median income.
  
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• Chestnuts, Friends Over Fifty Opens Up Again for Fall

  21-09-2023 08:50 via beaconhilltimes.com
  Right to left are Chestnuts Friends Over Fifty board of directors members: Sally Harr, Wendy Oleksiak, Lisa Purcell, Martha McAllister, Monica Noether, Pat Carucci, and Beth Sanders. (Justine Laughharn was not present.)
  
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• Appreciation: Remembering Stephen Score

  21-09-2023 08:49 via beaconhilltimes.com
  Special to the TimesStephen Score, 79, died on Saturday, Sept. 9, of sarcoma bone cancer. He was a husband, a father, and a mensch. He was an icon in the art and antiques trades, revered for his integrity and unfailing “eye.” Whether acting at the Tavern Club or bidding at Sotheby’s, he was passionate and daring. He gave his all. He loved music and concerts at the Harvard Musical Association.
  He was a mentor to so many. A true humanist, he cared deeply about everyone. He always
  
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• Boston Area Offers Wide Range of School Offerings for Kids of All Ages

  21-09-2023 08:48 via beaconhilltimes.com
  A new academic year is just getting underway, but it’s already time for parents and guardians to start thinking about options for next year, and with the Boston area’s wide range of top-notch independent, private, and parochial schools, kids of all ages can find one that well suits them while still staying local.For small children just starting off on their educational journeys, the Beacon Hill Nursery School at 74 Joy St. has been a vital part of the downtown community since 1955.Wi
  
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• A. Alan Friedberg, Former Chairman and CEO of Loews Theaters, 91

  21-09-2023 08:47 via beaconhilltimes.com
  Special to the TimesA. Alan Friedberg, born Abraham Jaffe Friedberg, died at his home on Beacon Hill earlier this month, after a brief illness. He was 91.A native New Yorker, Mr. Friedberg attended the Ramaz School from which he graduated in 1945 as class valedictorian. He then attended Columbia Grammar and Preparatory School, graduating in 1949 and earning the title of salutatorian. Mr. Friedberg matriculated at Columbia College in 1949 and graduated in three years, receiving his BA degree
  
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• TLCC To Operate Tenant Space on Lovejoy Wharf

  21-09-2023 08:46 via beaconhilltimes.com
  Special to the TimesThe Boston Planning & Development Agency (BPDA) have announced the selection of Toussaint Louverture Cultural Center (TLCC) to operate the program space located at 131 Beverly Street on Lovejoy Wharf. The BPDA sought respondents that were qualified to operate civic/cultural space, which is designed as a visitor’s center-style facility. The TLCC responded to the Request for Letters of Interest (RFI) that was originally released by the BPDA last winter, with their pro
  
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• Opening a Window to the Past by Researching Your Historic Home

  21-09-2023 08:46 via beaconhilltimes.com
  By Diana ColdrenIf your walls could talk! What a story they would tell! Do you ever wonder who designed, built and lovingly maintained your historic home? Imagine all the celebrations, history, and traditions your historic home has witnessed over the centuries!Researching the architect, builder, and past residents will open a window to the past that is rich with interesting and valuable information. There are many easily accessible resources online, including the Massachusetts Historical Commiss
  
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• Child Fountain Restoration Project Now Underway in Public Garden

  21-09-2023 08:46 via beaconhilltimes.com
  Conceived as one of three transformational projects initiated during the Friends of the Public Garden’s  50th anniversary year in 2020, the Child Fountain Restoration Project – and accompanying landscape enhancements at the park’s Arlington Street entrance – is now underway, with the goal of making the Public Garden more accessible and welcoming to visitors.The area around “Boy and Bird” by Bashka Paeff and “Small Child” by Mary E. Moore will
  
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• Local Businesses “Hop to It” and Support Mass General for Children’s Storybook Ball

  21-09-2023 08:45 via beaconhilltimes.com
  Beacon Hill Books & Cafe is just one of the many local businesses lending its support to Mass General for Children’s Storybook Ball this fall. For every donation received during the appeal at the Storybook Ball, the curated bookstore on Charles Street will donate a copy of this year’s featured story, Frog and Toad, to MGfC patients.This is all to celebrate the 24th year of MGfC’s Storybook Ball, to be held on Saturday, October 14, at a new venue, the Omni Boston Hotel at th
  
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• BHCA Zoning and Licensing Commission – 7 Chestnut Street Conversation To Be Continued

  21-09-2023 08:45 via beaconhilltimes.com
  On Thursday, September 7, the Beacon Hill Civic Association (BHCA) Zoning and Licensing Commission held its monthly hearing to consider the proposed deck in the rear yard of 7 Chestnut Street, a single-family dwelling currently undergoing extensive renovation. Only one variance was at issue, Rear Yard Insufficient according to Article 20, Section 4, as the owners are proposing construction of a small rear deck on the roof of an existing lower-level addition with stairs to the back yard. The home
  
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• Upstairs Downstairs Home Featured in New TV Series

  21-09-2023 08:44 via beaconhilltimes.com
  Special to TimesLaura Cousineau, owner of Upstairs Downstairs Home at 69 Charles Street was recently selected, interviewed and filmed for a new television program, “American Dream: Selling Boston.”Laura was interviewed by local host Irene Kerzner from Concierge Home Sales. Laura has been a longstanding and respected member of the Beacon Hill community.  She was chosen for her expertise in antiques and for her signature style and her artistic curation of the store’s unique
  
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• Durkan Puts First Order on Floor During Maiden Speech Before City Council

  21-09-2023 08:44 via beaconhilltimes.com
  During her maiden speech before the City Council at its Sept. 13 meeting at City Hall, District 8 Councilor Sharon Durkan put her first order on the floor for a hearing to review the mental health and wellness resources available to city employees during the pandemic and beyond.“My own family’s experience with mental health and substance abuse drives me to do this important work to push for accessible, affordable stigma free mental health care, because I know behind every statistic i
  
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• Healey Appoints New Members, Reappoints Chair of Department of Higher Education

  21-09-2023 08:43 via beaconhilltimes.com
  Governor Maura T. Healey appointed Harneen Chernow, Danielle Allen and Dr. Christina Royal to serve on the Board of the Massachusetts Department of Higher Education. Governor Healey also reappointed Beacon Hill resident Chris Gabrieli as Chair of the Board. These new appointments will help advance the Board’s mission of ensuring students can access high quality, affordable, and diverse post-secondary learning experiences at the state’s public and private higher education colleges and
  
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• ARCK Boston Working With BPS To Integrate Art Education Programs

  21-09-2023 08:43 via beaconhilltimes.com
  Story by Marianne SalzaArt Resource Collaborative for Kids (ARCK) Boston has been partnering with Boston Public Schools (BPS) to integrate art education programs into academics for 12 years. Beacon Hill resident, Sara Demeter, founded the non-profit organization to encourage diversity through art; and the framework that she developed has been amplifying the voices of students.“It is a unique program,” said Demeter, mother of three. “This is my purpose. This is my passion.&rdquo
  
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• Mitt Could Have Been A Great President

  21-09-2023 08:42 via beaconhilltimes.com
  The announcement this week by Utah Senator Mitt Romney that he will not seek re-election in 2024 leaves a void not only in the Republican party, but on our national political scene.When Mitt Romney was our governor, he showed that a person of integrity and dedication to office can get things done for the benefit of all citizens. His willingness to work with the Democrats to pass the landmark health care bill that guarantees health insurance for all Massachusetts residents served as a model for t
  
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• Get Your COVID-19 Booster Shots

  21-09-2023 08:42 via beaconhilltimes.com
  While we would all love to leave COVID-19 in the rearview mirror, the stark reality is that the virus is still circulating among us, with the elderly and persons with compromised immune systems the most vulnerable to becoming seriously ill and dying from the virus.Even otherwise healthy individuals, especially if they are overweight, run the risk of becoming seriously ill from the disease in the short-term and potentially suffering the lingering and debilitating effects of long-COVID, which has
  
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• Obituaries 09-21-2023

  21-09-2023 08:41 via beaconhilltimes.com
  Christine McCleary ZuromskisHer Energy, Intelligence and Zest for Life Was Only Matched by Her Kind, Creative and Gracious MannerChristine McCleary Zuromskis passed away unexpectedly at her home in Boston on August 31.Born Christine Susan McCleary on October 2, 1949 in Erie, Pennsylvania to Charles McCleary and Esther Fletcher, Christine was predeceased by her husband of 47 years, J. Michael Zuromskis.Christine’s energy, intelligence and zest for life was only matched by her kind, creative
  
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• Bill pitched to attack racial disparities in healthcare

  20-09-2023 23:16 via bizjournals.com
  Legislators representing marginalized communities touted comprehensive health equity bills as a solution to overcoming long-standing racial disparities during a hearing, though insurers warned the bill's passage could lead to higher costs.
  
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• Klaviyo stock rises 8.6% on first day of trading

  20-09-2023 22:09 via bizjournals.com
  Shares of Klaviyo Inc. rose 8.6% on the company's first day of trading on the New York Stock Exchange in what co-founder and chief product officer Ed Hallen called "a fun milestone" in an interview Wednesday.
  
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• Feds pick Mass. to lead regional semiconductor hub

  20-09-2023 20:19 via bizjournals.com
  Massachusetts will lead one of eight regional microelectronics hubs, the Department of Defense announced Wednesday, giving a major boost to the state's semiconductor industry at a time when billions of federal funding is poised to flow into the industry.
  
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• Genentech signs $2.5B+ deal with Waltham biotech

  20-09-2023 18:54 via bizjournals.com
  A Belgian biotech with a U.S. headquarters in Waltham just signed a major pharma deal worth up to $2.5 billion — or more.
  
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• Chinatown is the hottest area of Boston. One idea could offer some relief.

  20-09-2023 18:17 via bizjournals.com
  Chinatown is an extreme heat island, with fewer trees and park land that the rest of the city. Yet one idea to put up signs to and from the waterfront — which is less than a mile away — has so far been ignored.
  
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• White-shoe firm Arnold & Porter to open first Boston office

  20-09-2023 18:11 via bizjournals.com
  White-shoe law firm Arnold & Porter Kaye Scholer is opening a Boston office as it strengthens its life sciences team.
  
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• Smoothie King makes a move into Greater Boston

  20-09-2023 17:37 via bizjournals.com
  Smoothie King has surpassed 1,100 stores across 34 states. Before the end of the year, it'll open its first Boston-area location as part of a major local expansion.
  
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• Citizens executive Lisa Murray lands chair position at Mass. Business Roundtable

  20-09-2023 17:28 via bizjournals.com
  Lisa Murray succeeds Jane Steinmetz, the Boston office managing principal for EY, who served a two-year term from 2021-2023.
  
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• Divvy Homes cuts jobs in Mass. in 3rd round of layoffs in 12 months

  20-09-2023 17:22 via bizjournals.com
  The news of the San Francisco-based proptech startup making cuts comes as many companies with Massachusetts presence often don't reveal the local impact of layoffs impacting multiple geographies.
  
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• Ascend Elements signs deal to move HQ to Devens

  20-09-2023 15:34 via bizjournals.com
  Clean energy companies continue to lease real estate in Greater Boston that was developed with life sciences firms in mind.
  
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• Tweaked college rankings sends some Mass. colleges up, down

  19-09-2023 00:14 via bizjournals.com
  New U.S. News & World Report rankings of the country's best colleges has a new methodology this year — sending some Massachusetts schools rising or falling.
  
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• With ex-Vertex leader out as CEO, biotech makes layoffs, leaves Watertown HQ

  18-09-2023 21:49 via bizjournals.com
  A biotech once led by a longtime Vertex Pharmaceuticals executive is making layoffs and moving headquarters.
  
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• Mass. housing chief talks about migrant crisis, rent control, transfer tax and MBTA communities act

  18-09-2023 20:24 via bizjournals.com
  Housing and Livable Communities Secretary Ed Augustus spoke to the Business Journal about finding shelters for migrants, the upcoming bond bill and what the return of rent control could mean for the state's housing crisis.
  
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• Paratek Pharmaceuticals shareholders approve $462M buyout deal

  18-09-2023 19:39 via bizjournals.com
  The sale means Paratek will be going private after almost nine years as a publicly traded company.
  
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