Archive for July 2019
Tishman Speyer launches life sciences division, starts with South Boston project
At a time when vacancy for lab and life sciences properties in Greater Boston is near zero, real-estate development firm Tishman Speyer has partnered with private equity firm Bellco Capital LLC to launch a life sciences real estate division whose first project will be in South Boston. Name Breakthrough Properties, it plans a global expansion.…
Read MoreBrookline Bank to stop insuring deposits over $250K
Most banks in Massachusetts insure all deposits. Most banks in the U.S. insure deposits up to $250,000 through the FDIC. Soon, Brookline will leave the first group for the second. It’s only the fourth time in the insurance fund’s 85-year history that a bank has left the program. Read More
Read MoreSam Adams maker: Beer makers don’t leave distribution deals, they wait ’em out
In his 35 years of running Samuel Adams beer, Boston Beer Co. Founder Jim Koch said he has never left a distribution agreement. It is easier to wait for an owner to die than it is to leave a contract with a distributor, he said. His comments came as brewers and distributors showed up in…
Read MoreFive things you need to know today, and summer listening is crockery
Good morning! Here are the five most important things you need to know to kickstart your Tuesday, plus odds and ends to make your water-cooler talk more interesting. Read More
Read MoreInside Ginkgo Bioworks’ deluxe lab space in the Seaport
The company’s offices are divided into three themes: plants, the ocean, and dinosaurs. Office and conference rooms are named after different species, and themed decor is sprinkled throughout the floor. Read More
Read MoreGillette parent P&G steps up advertising game on equal pay for women
Gillette parent Procter & Gamble launched a commercial in March to advocate equal pay for women who play soccer, and on Sunday the company pressed the issue further with a full-page ad in the New York Times. Read More
Read MoreUMass tuition vote canceled as budget impasse drags on
With a state budget not yet in place two weeks into the fiscal year, votes planned for Tuesday on undergraduate tuition rates at the University of Massachusetts have been canceled. Read More
Read MoreGetting out of a mindset and going ‘Over the Edge’
After making a few jokes to try and laugh off our fears, my colleagues and I harnessed up and rappelled down 22 stories, over 200 feet. Read More
Read MoreBiotech investors Wellington, RA Capital’s new funds top $700 million
Two Boston-based investment firms have joined the fray of firms raising new funds, collecting a combined $700 million according to financial disclosures made in the last week. Read More
Read MoreAspenTech bets on AI with $78.2M acquisition, its second in two months
Bedford-based Aspen Technology Inc., a publicly traded asset optimization software company, has signed an agreement to acquire Mnubo Inc., a Montreal-based provider of artificial intelligence and analytics infrastructure for the Internet of Things. Read More
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