Archive for August 2019

Merrimack’s board of directors sent a letter Monday opposing Texas investment group JFL Capital Management’s push to fill the four-person board with one of its managing members, Joseph Lawler, and a handful of small-scale investors who would seek out more options. Read More

The company said it had given up a $700,000 tax break because it does not anticipate creating 700 new jobs at its soon-to-open Cambridge headquarters by the end of 2020. Read More

Fledgling cannabis companies may have two banks to look to for loans in the near future. Read More

Procter & Gamble, which owns Boston-based razor maker Gillette, disclosed that CEO David Taylor enjoyed an 18% pay raise in the recently ended fiscal year. Read More

The Massachusetts Bay Transportation Authority has suspended Orange Line service “until further notice,” the agency said on Twitter Friday afternoon. Read More

Until Beacon Hill lobbyist Anne Lynch was charged with paying kickbacks to a client who steered business her way, clients said the behavior of her firm was generally helpful and unremarkable. Read More

The U.S. Patent and Trademark Office rejected an application from Tom Brady to trademark "Tom Terrific," a nickname long associated with legendary baseball pitcher Tom Seaver. Read More

Tom Zuppa, a 24-year veteran journalist as The Sun of Lowell, left his job yesterday as the paper’s senior editor yesterday for what he says are “personal reasons.” Read More

Despite the objections of Attorney General Maura Healey, the Baker administration and local advocacy groups, federal regulators approved the transfer of the Pilgrim Nuclear Power Station license to a company that plans to decommission the plant on an "accelerated basis." Read More

MIT President L. Rafael Reif said in a letter issued Thursday that the institution had received $800,000 from former financier and indicted sex trafficker Jeffrey Epstein. Read More