Archive for April 2020

After paying employees’ full salaries over the first seven weeks of the COVID-19 pandemic, UMass Medical School in Worcester announced Tuesday that it will furlough about 100 employees for up to six months to offset financial losses sparked by the crisis. Read More

The nation’s big banks have been tight-lipped on how they’re doing with the SBA Paycheck Protection Program’s second round — until now, as a Bank of America executive had a lot to say to the bank’s employees. Read More

It is the first time that a Lipson family member is not CEO of the company that owns Boston Magazine. He will remain majority owner and chairman. The company also laid off staff and furloughed others. Read More

Boston-based Rapid7 Inc., in a deal valued at $145 million, made its biggest acquisition to date in the 20-year history of the cybersecurity company. Read More

How experts say that offering employees extra money could help businesses attain maximum loan forgiveness under the coveted PPP program. Read More

An advisory panel put together by Gov. Charlie Baker is tasked with helping reopen the Massachusetts economy as public health data show the coronavirus pandemic plateauing in the Bay State. Here’s who’s on the panel. Read More

Unlike the retail sector, where estimates of missed rents have ranged from 70% to upwards of 90%, the office market’s initial Covid-19 distress appears far more subdued. But red flags are multiplying. Read More

Cambridge startup Thrive Earlier Detection Corp.’s experimental blood test could help double physicians’ chances of diagnosing cancer early, according to data released Tuesday. Read More

The travel metasearch company, which turned 20 this year, is facing increased pressure from the halt to travel created by the pandemic. Read More

Gov. Baker extended the closure of non-essential businesses until May 18 and announced the formation of a commission focused on reopening the Massachusetts economy. Read More