Archive for February 2020
Cambridge VC firm aims to raise $100M fintech fund
Vestigo Ventures didn’t invest in blockchain technology startups with its first fund, but it may do so this time around, according to its general partner. Read More
Read MoreMichelle Wu sees ‘crisis of public trust’ in wake of City Hall bribery scandal
The city councilor is pushing for more clarity around the federal bribery scandal that swept through Boston’s City Hall last fall. Read More
Read MoreAs stock slide continues, Mass. public companies lose billions
For the second day in a row, U.S. stocks fell on fears of the spread of coronavirus. Here’s how much all 115 Massachusetts-based public firms with more than $1B in market cap lost this week as of Tuesday evening. Read More
Read MoreTwo Mass. colleges offer to pull students in Italy after coronavirus outbreak
Citing coronavirus concerns, at least two Massachusetts colleges are offering students the option to return from studying abroad in Italy. Read More
Read MoreThird Rock Ventures moves Boston headquarters
The powerhouse venture capital firm has funded much of the area’s biotech boom. Read More
Read MoreGE’s global headcount is down 30% since it moved to Boston
General Electric shed 78,000 jobs last year, according to a federal filing made public on Monday. Read More
Read MoreCosi again files for bankruptcy. Here’s what it plans to do next
The Boston-based company’s filing in Delaware bankruptcy court comes weeks after Cosi abruptly shuttered dozens of locations, including eight in Massachusetts. The filing put the number of closings nationwide at 30, calling them an attempt to improve the company’s financial performance. Read More
Read MoreOpinion: Goldman Sachs diversity push doesn’t go far enough
Recently, Goldman Sachs announced it will not take a company public unless the business has at least one woman on the board of directors. This signals a growing consensus among large investors that companies with all male boards are less profitable and less competitive than other companies. This push is important, but it’s not enough.…
Read MoreFidelity tests impact-investing software
A trademark filing and a brief description of a pilot program on Fidelity’s website offer a glimpse into a potential new product. The new product is in pilot mode, with the company having filed a trademark for "ESG Pro" in late 2019. Read More
Read MoreFive things you need to know, and even tech jobs can be hard to find
Good morning — here are the 5 Things You Need to Know in Boston business news to get your workday started. Read More
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