Archive for April 2020
Two-thirds of Mass. nursing homes are dealing with coronavirus
Two-thirds of the state’s nursing homes have a confirmed case of coronavirus, according to numbers disclosed by the state Tuesday. Read More
Read MoreWith PPP funds drying up quickly, Mass. businesses have scored billions in loans
More than two-thirds of the Paycheck Protection Program’s $349 billion pot of money is gone, and local bankers expect it will run out completely in the coming days absent action from Congress. Read More
Read MoreCannabis commission chairman says work won’t wait as one regulator departs
Cannabis Control Commission Chairman Steven Hoffman spoke with the Boston Business Journal about the challenges that lie ahead for the nascent industry, and how the commission will navigate the evolving landscape during the pandemic. Read More
Read MoreBoston cultural institutions call for $6B in federal aid
The requested funding would help mitigate the “devastating impact on museums, aquariums, and zoos,” a letter to the Massachusetts Congressional delegation states. Read More
Read MoreThe Federal Reserve’s $2.3 trillion pot — what’s in it for small businesses?
The spread of the novel coronavirus and social distancing countermeasures have hampered debt markets. The Federal Reserve is betting that its $2.3 trillion in new programs can help. Read More
Read MoreMass. projected to see 570,000 layoffs in next three months
The Massachusetts Taxpayers Foundation’s projected job losses are on top of those that took place statewide in March, when the shutdown of restaurants, bars and other non-essential businesses started. Read More
Read MoreCOVID-19 takes a toll on Wells Fargo’s first-quarter earnings
Wells Fargo & Co.’s first-quarter earnings took a hit as the industry grapples with economic fallout from the novel coronavirus. Read More
Read MoreFive things you need to know today, and it’s good to see strange bedfellows
Good morning, friends. Here are the 5 Things You Need to Know in Boston business news to help get your Tuesday started, plus lower driving premiums, Lovepop face shields, public schooling, #SomeGoodNews and who’s getting along with their competitors. Read More
Read MoreAmazon to add 1,800 Mass. jobs during pandemic
The new Amazon hires in Massachusetts are filling a range of roles, including picking, packing and shipping customer orders, and delivering packages from delivery stations. Read More
Read MoreHere’s what Raytheon’s incentive deal for a Dallas-area factory looks like
The City of McKinney and Raytheon reached an economic incentive agreement for a new manufacturing facility after months of negotiations. Read More
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