Archive for April 2020

The shortfall at Partners, the largest health system in Massachusetts and the state’s largest private employer, is emblematic of dozens of Bay State hospitals that are bleeding money despite millions of federal dollars. Read More

As the pandemic spread, most colleges and universities cleared out campuses and shifted to virtual learning without talking to one another. Now, university leaders are connecting with one another. Read More

Good morning, friends. PPP Round 2 has begun…with more glitches. Here are today’s 5 Things You Need to Know, plus a small-business present just for you. Read More

The SBA’s PPP process opened Monday, but many local banks were able to get just two PPP applications per hour through, several executives reported. It took the Dedham Institution for Savings four hours to successfully upload its first application, CEO Peter Brown said. “The system just keeps kicking the applications back. It can’t accept them,”…

The MBTA will likely need to use about a quarter of the $827 million emergency federal funding it received to close a major pandemic-caused revenue gap in this year’s budget. Ridership is down more than 90 percent on the subway and 80 percent on buses. Read More

The MBTA’s oversight board has signed off on a bigger price tag for a new fare-collection system. Read More

An uncertain economic outlook, a slowdown in funding opportunities and countless reports of businesses laying off or furloughing workers might suggest that these are not the best times to launch new startups. But new ventures are incorporating, as the reality created by the pandemic not only shapes new needs, but provides a distraction-free environment to…

There’s no doubt that technology is helping us weather this storm. It also has made clear, at least to me, that working on camera doesn’t always mean I’m camera-ready. Read More

Not all business nonprofits are treated the same under the CARES Act. Read More

Alleged overcharges on several federal grants are slated to cost Harvard University $1.4 million. Read More