Archive for March 2020

The cuts are meant to help offset a loss of business in the aviation industry caused by the coronavirus pandemic. Read More

80% of DraftKings Sportsbook account holders placed a bet during March Madness last year. Those opportunities, and that revenue, is now gone, but CEO Jason Robins said the company is working to come out of this even stronger than before. Read More

All nonessential Massachusetts businesses must close their doors to workers, customers and the public, effective Tuesday at noon, while residents are urged to stay at home, Gov. Charlie Baker said. Read More

Amid the economic uncertainty created by the pandemic, venture capitalists are prioritizing taking care of deals that have been closed before the coronavirus outbreak over cutting new checks. Many say that they’re still looking at new deals, but admit that the bandwidth is limited. Read More

Good morning, friends. Here are the 5 Things You Need to Know in Boston business news, plus a 30% jobless rates, virtual home sales, Girl Scout cookies and indie movies at home. Read More

The parent company of MGM Springfield announced Sunday that CEO Jim Murren has stepped down. Read More

As most of New England’s newspapers adapt to new social distancing measures to limit the spread of the coronavirus, one independent weekly has gone so far as to suspend the production of printed copies in favor of going totally online. Read More

Larry Rasky, one of Boston’s preeminent public relations gurus and a close confidant of former Vice President Joe Biden, died Sunday morning. Read More

The Department of Public Health has asked Massachusetts hospitals not to disclose the number of patients waiting on coronavirus testing results or the results of the patients they have seen, a plan that some say is obscuring the true size of the epidemic. Read More

“Open houses should not be held to market properties for rent or sale,” Boston Mayor Martin J. Walsh said in a letter. Read More