Archive for April 2020
As taxes evaporate, so do billions for convention centers, transit
For many cities and states, every week the pullback persists the loss of hotel-related taxes promises to blow million-dollar-plus holes in their budgets. Read More
Read MoreJudge sides with Gov. Baker in pot shop shutdown
A Superior Court judge has sided with the Baker administration on shutting down the recreational cannabis market, saying that it was reasonable for the state to halt recreational sales. Read More
Read MoreAG Healey launches $500K small-business grant program
Municipalities and regional planning agencies can apply for the small business funds, and then funnel the funds to their own programs to help small businesses. Read More
Read MoreSome Boston-area banks still taking PPP applications, despite lack of funds
The U.S. Small Business Administration said Thursday morning that it had burnt through the full $349 billion in funding for the Paycheck Protection Program, though talks continue in Congress to add more. Read More
Read MoreFidelity Investments is hiring more than 200 in Denver
The hiring spree comes as many companies in the area are laying off or furloughing employees due to the pandemic. Read More
Read MoreCustomers defect from Capital One as PPP applications remain closed
Capital One Financial Corp. was still not accepting applications for the Small Business Administration’s $349 billion Paycheck Protection Program even as the program’s funds were dwindling. The bank’s failure to roll out the program widely to its customers could be a huge blow to its image, industry experts say. Read More
Read MoreShould you trust Zoom for your virtual board meeting?
Using Zoom to talk to family may fine, but should you trust the security features of the platform for sharing sensitive business information? The question was asked during a virtual panel on Wednesday to local cybersecurity CEOs Lior Div and Corey Thomas, who discussed security vulnerabilities of Zoom and other video communications platforms. Read More
Read MoreFive Minutes With…. Cytiva CEO Emmanuel Ligner
Cytiva formally launched on April 1, after Danaher’s $20 billion acquisition of GE Healthcare’s life sciences unit closed. Read More
Read MoreSBA’s $349B Paycheck Protection Program officially runs out of money
The loan fund hit some snags at first but the full pot has quickly been authorized. Read More
Read MoreMass. residents file 573,000 new unemployment claims in a four-week span
Nationally, millions more people filed initial claims in a single week, as the coronavirus panic continues to upend the U.S. economy. Read More
Read More