Archive for October 2019
Partners HealthCare puts $80M into two new startup investment funds
The health care giant is eyeing the artificial intelligence and translational medicine space with the creation of two new funds to propel early stage companies. Read More
Read MoreSmall biotech Pinteon eyes large goal: a treatment for Alzheimer’s
A small biotech that has quietly been operating in Cambridge for the last five years is stepping into the spotlight with hopes of tackling one of the biggest healthcare threats in the U.S. Read More
Read MoreGE plans to move into its permanent Boston HQ by year’s end
GE’s lease for its temporary headquarters on Farnsworth Street is up at the end of the year, and the company doesn’t intend to renew it. Read More
Read MoreA half-billion on Halloween pet costumes? Consumerism out of control
Op-ed: Americans are expected to spend $8.8 billion on candy, costumes and decorations this year – or $86 for every person who plans to celebrate. That includes a half a billion dollars on costumes that Americans are buying for their pets, which is double the amount they spent a decade ago. Pumpkins and hot dogs…
Read MoreIce skating coming to Boston’s Seaport District
A spot that was once a Seaport beer garden is now getting pitched as an ice-skating rink. Read More
Read MoreMIT pays $18M to settle suit over Fidelity’s 401(k) services
As part of the settlement, the school will solicit bids from firms other than Fidelity to provide administrative and record-keeping services for its 401(k) plan. Read More
Read MoreAfter Hynes, Baker pitches redevelopment of another Boston building
Weeks after calling for the sale of the Hynes Convention Center in Boston’s Back Bay, Baker administration officials are pitching the redevelopment of the Charles F. Hurley Building, a concrete facility nearly 50 years old and located down the street from the State House. Read More
Read MoreCorindus plans to hire engineers after closing $1.1B merger with Siemens
“The thing we really liked about the structure of the acquisition is that Siemens’ intentions are to keep everything Boston-based, and continue to invest in, particularly, engineering talent,” said Mark Toland, president and CEO of Corindus Vascular Robotics. Read More
Read MoreLabor limits cited as Mass. economy contracts
The Massachusetts economy contracted slightly in the third quarter, local economists reported Wednesday, the same day that the federal goverment reported the U.S. economy grew 1.9 percent in the quarter that ended Sept. 30. Read More
Read MoreGE has cut its corporate headcount by thousands this year
It’s part of a push to empower GE’s individual businesses at the expense of the corporate department that’s headquartered in Boston. Read More
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