Archive for August 2019
Google to sublease Akamai’s Cambridge HQ
Akamai Technologies plans to move into its new Cambridge headquarters this November. Read More
Read MoreViewpoint: Larger issues at play in City Hall extortion case
A former head of the New England Carpenters Union argues the Boston City Hall verdict will have a chilling effect on administrations that support good jobs with sufficiently high wages. Read More
Read MoreRaise Up asks lawmakers to look to business, not just workers, in revenue debate
The latest salvo came from Raise Up Massachusetts, the coalition of more than 100 labor, community and faith-based groups that has successfully worked to secure minimum wage increases, a new paid family and medical leave program and guaranteed earned sick time. Read More
Read MoreCambridge biotech Oncorus to test cancer drug in humans after raising $80M
Oncorus is developing two treatments it hopes will alert the immune system to begin fighting cancer tumors, as well as teaching the system what to look for and fight next time. Read More
Read MoreFive things you need to know today, and when Tuesday is a Sunday
Good morning, everyone. Here are the 5 Things You Need to Know in Boston business news to get your Wednesday started, and why yesterday was like a Sunday. Read More
Read MoreCVS wants to expand MinuteClinics. But will it bring them to Boston?
Retail clinics at drugstores, a low-cost option for a range of ailments, have proliferated across Massachusetts. But not in Boston. Read More
Read MoreHancock spinoff accuses insurer of seeking to destroy business
Boston-based renewable energy investment firm Verto Management, once an in-house unit within Hancock, is taking the insurance giant to court. Read More
Read MoreAvenue women’s clothing retailer to close all 222 stores, including 7 in Mass.
Avenue is owned by private equity firm Versa Capital Management and Versa had been looking for a buyer. Read More
Read MoreState’s rainy day fund growth catches eye of rating agency
Ever since a credit rating agency knocked the state’s credit rating down a peg two years ago, Massachusetts money managers have paid more attention to growing the rainy day fund. Now, a different rating outfit is taking notice. Read More
Read MoreGE’s insurance business carries high risk, Fitch report says
The report comes days after investigator Harry Markopolos accused GE of tens of billions of dollars of fraud stemming from its long-term care insurance business. Read More
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