Archive for March 2020
Op-ed: Cross-sector partnerships can enable cash relief
Unprecedented times demand unprecedented action. Fast, flexible cash relief delivered collaboratively across sectors could help set the tone for our response to the pandemic of 2020 — a spirit of innovation, pragmatism, collaboration and decisive action of which all Americans can be proud. Read More
Read MoreBI Lahey says top execs will give up portion of salary
The head of the state’s second biggest health system will take a pay cut for the next three months, one of several ways the institution is tightening its belt in the face of lower revenues stemming from the coronavirus. Read More
Read MoreRaytheon to keep same Waltham HQ after United Technologies merger
The all-stock merger of the Waltham-based defense contractor and the Connecticut-based industrial giant is set to close this week. Read More
Read MoreLabor unions demand GE make ventilators using laid-off workers
Union officials want the company to better protect employees, including through mandatory temperature checks at GE facilities. Read More
Read MoreMinistry of Supply to donate 10,000 masks to local healthcare facilities
A Back Bay performance clothing company is joining local 3D printing firms in redirecting its resources to the production of urgently needed medical supplies as cases of the coronavirus surge in the Bay State. Read More
Read MoreMassachusetts considers extending non-essential business ban
Non-essential businesses in Massachusetts are currently ordered to stay closed through April 7. Read More
Read MoreMacy’s to furlough majority of its 130,000 workers
Department store giant Macy’s Inc. announced Monday that it will furlough the majority of its workforce of 130,000 as it grapples with the impact of COVID-19, which has ground sales to a halt. Read More
Read MoreCell and gene therapy firm raises $170M investment
ElevateBio, a cell and gene therapy holding company created by former executives from Alexion Pharmaceuticals and bluebird bio, is set to move six drugs to clinical trials after raising new financing. Read More
Read MoreBanking tech CEO sees company-defining opportunity in crisis
Boston-based Numerated is developing loan-approval technology for banks that is tailored to the $2 trillion stimulus package just passed by Congress. Read More
Read MoreBoston startups that connect recently laid-off workers with gigs are surging
Boston startups focused on speeding up or improving the hiring process for hourly workers are seeing a surge in usage as hundreds of cooks, restaurant servers and bartenders lost their jobs following the COVID-19 pandemic. Read More
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