Archive for May 2020
Bank of America reveals data breach in PPP application process
Bank of America Corp. revealed a possible data breach on business clients’ information for the Paycheck Protection Program. Read More
Read MoreCollege presidents release four-phase plan for reopening Mass. campuses
The plan has four phases. The first phase involves reopening research labs and bringing back small numbers of necessary staff with jobs that can’t be done remotely to help restart campuses. The reopening plan will end in the “new normal” for college and university operations. Read More
Read MoreRestaurants and retail owners struggled with PPP loans. But a fix may be on the way.
Congress may look to overhaul key aspects of the program in response to restaurant and hospitality industry complaints. Read More
Read MoreGalvin alleges GPB Capital defrauded Mass. investors
William Galvin, whose office oversees regulation of securities in Massachusetts, has charged the owner of Westwood-based Prime Automotive Group with violations of securities laws after an investigation found that the company issued marketing materials to more than 180 Bay State investors containing material misstatements and omissions. Read More
Read MoreGE to sell lighting division to another Mass. company
After years of trying, GE is parting ways with a division whose roots extend back more than a century to Thomas Edison. Read More
Read MoreFive things you need to know today, and the stress of knowing you’re stressed
Good morning, folks. Here are the five things you need to know to start your workday, plus the added stress of not having the proper attitude toward stress itself. Read More
Read MoreAre Zoom-based IPO roadshows here to stay?
The numbers of Covid-19 cases are dropping and states are beginning to open up, but a pivot to video conferencing necessitated by the pandemic may lead to permanent changes in the ways IPO plans are pitched to investors. Read More
Read MoreNew poll: Coronavirus driving big shifts in Bay State transit patterns
Massachusetts residents are expecting to take fewer trips, to drive more and to remain uneasy about public transit as the Bay State attempts to steer out of an economic skid caused by the coronavirus pandemic, a new poll says. Read More
Read MoreBoston launches $6M fund for business reopenings
Companies with fewer than 15 employees can apply for up to $2,000. Read More
Read More‘Boston Hope’ field hospital suspends new admissions
The pandemic field hospital set up inside the Boston Convention and Exhibition Center is suspending acceptance of new admissions. Read More
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