Archive for January 2020
Acceleron stock soars on lung drug trial data
Just months after its first product was approved by the FDA, Cambridge’s Acceleron Pharma is closer to executing a one-two punch after announcing new clinical trial data this week. Read More
Read MoreFormer city official sentenced to 40 months in bribery case
John Lynch, 67, was formerly the assistant director of real estate at Boston’s Economic Development Industrial Corp. Read More
Read MoreLawmakers advance bill regulating host community agreements for marijuana firms
Massachusetts lawmakers on Friday advanced a bill that would put stricter requirements on so-called host community agreements — the contracts between marijuana dispensaries and municipalities that have come under scrutiny from federal prosecutors in recent months. Read More
Read MoreBoston Private off to slow start in march to $50B in assets
CEO Anthony DeChellis said that with valuations high, the firm was less likely to pursue mergers than he had initially expected. Read More
Read MoreUMass study asks, Where are the Hispanic executives?
The gap between labor force and executive representation is wider among Hispanics than any other group, according to a UMass study, and Boston ranks 32nd among the 50 largest states in Hispanic executive representation. (That’s still better than Hartford or New York). Read More
Read MoreObamacare architect questions Mass. efforts to rein in health care costs
Despite Massachusetts Gov. Charlie Baker and state Senate’s proposals to bring down the price of health care, health care expert Jonathan Gruber says the state will have a hard time containing health care spending in the years ahead. Read More
Read MoreThe week in bankruptcies: One local company files for protection
Bankruptcy courts in the Boston area recorded one business filing during the week that ended January 17, 2020. Read More
Read MoreMarijuana entrepreneurs decry slow approval process: ‘We are not just numbers’
At a hearing Thursday, small cannabis businesses said they’re running out of money and time as they go through what they describe as an onerous state process that’s rife with delays. Read More
Read MoreNonprofits fret over future of Mass. charitable deduction
The Baker administration is calling for a study into whether the charitable deduction, which takes effect in 2021, should be rolled back. A Senate working group has discussed eliminating it altogether. Read More
Read MoreFive things you need to know today, and unusual animal stories
Good morning! You made it to Friday. Here are the 5 Things You Need to Know in Boston business news today, plus transportation updates, some trivia and strange animal stories. Read More
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